Financial news on April 25th, 2009

Business and Financial news
After Off Year, Wall Street Pay Is Bouncing Back

If the pace set in the first quarter continues all year, the average pay for bankers — much of it in bonuses — will rebound from the lows of last year. Read more..

By LOUISE STORY - The New York Times

At Ford, a Sense of Survival Despite the Losses Piling Up

Ford’s decision to borrow money years ago is helping it weather major losses, like $1.4 billion in the latest quarter. Read more..

By NICK BUNKLEY and BILL VLASIC - The New York Times

Auctions for Troubled Property Loans Jump to the Web

Investor interest in buying distressed assets is surging, and eBay-like auction sites are growing rapidly, with still bigger growth forecast. Read more..


Enlisting Help for a Lower Bill

Groups like HealthCare Mediation can help patients reduce onerous medical bills. Read more..

By LESLEY ALDERMAN - The New York Times

MySpace Names Chief Executive, Once of Facebook

Another new face as News Corporation seeks to reinvigorate its digital businesses. Read more..

By TIM ARANGO - The New York Times

Navigating a Delicate Subject: The Layoff of a Friend

It is hard to know the right thing to say or how to be helpful to someone who has lost their job. Read more..

By ALINA TUGEND - The New York Times

New Worries for Next Tier of Banks

Absent new details on how the largest banks fared in a government test of their health, analysts are turning the spotlight on a handful of regional banks that they think may be the next weak links. Read more..

By ERIC DASH - The New York Times

Scientific American’s Editor and Its President to Step Down

The shake-up coincides with an overall streamlining at the magazine and its parent company, Macmillan. Read more..


Suit Claims JPMorgan Aided Madoff’s Fraud

Victims of Bernard L. Madoff’s Ponzi scheme accused JPMorgan Chase of aiding his crime by maintaining his checking accounts and trading with him after the bank realized he was running a fraud. Read more..

By DIANA B. HENRIQUES - The New York Times

The Perils and Pleasures of Entrepreneurship

Notonthehighstreet, an online retailer of crafts and handmade goods, is a rare dot-com success story that is still growing despite the downturn. Read more..

By BARBARA WALL - International Herald Tribune

See what else happened on April 25th, 2009