Financial news on September 22nd, 2007

Business and Financial news
Accord on One Key Issue Is Reported in G.M. Talks

Negotiators for the U.A.W. and General Motors agreed on the framework for a health care trust, G.M.’s key demand, people close to the negotiations said. Read more..


Creative? College Costs Will Test You

Saving for ballooning college costs will test even the most creative parent. Read more..

By M. P. DUNLEAVEY - The New York Times

Cribs Recalled After Deaths of 2 Children

About one million cribs designed by Simplicity for Children have been recalled after the suffocation deaths of at least two children, the government said on Friday. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Debating American Serfdom

Do more than half of all Americans depend on the government for their livelihoods? Do movie posters fill seats? What are the 7 I.T. wonders? And more... Read more..

By DAN MITCHELL - The New York Times

Founder Sees Lots of Room for Lots More Starbucks

Howard Schultz, the chairman of Starbucks, discusses his company’s global expansion, relationships with suppliers and health care reform. Read more..

By ELISABETH MALKIN - The New York Times

From Harlem to Midtown for That Item to Top Off a Look

Before World War II, hats were an essential part of a man’s wardrobe. Now, despite evidence to the contrary, some insist they are making a comeback. Read more..

By HARRY HURT III - The New York Times

In Shift, Bush Emerges as a Budget Warrior

President Bush is now portraying himself as a fiscal conservative as he heads into a spending battle with Democrats. Read more..


Investor Known for Turnarounds Looks at Mortgages

As mortgage companies face troubled times, an investor who made his name turning around distressed companies sees opportunity in the lending business. Read more..

By VIKAS BAJAJ - The New York Times

Mattel Official Delivers an Apology in China

An executive reportedly apologized for maligning Chinese manufacturers in the course of toy recalls, but the company said the remarks were misconstrued. Read more..

By LOUISE STORY - The New York Times

Seeking Cachet, Old Navy Turns to Designer

The designer Todd Oldham has agreed to become the creative director for the struggling clothing retailer, Old Navy, an offshoot of the Gap. Read more..

By MICHAEL BARBARO - The New York Times

See what else happened on September 22nd, 2007