Financial news on April 26, 2008

Business and Financial news
A Witness Startles Court in Pellicano Trial

The 11th-hour surprise in the Hollywood wiretapping trial resulting in the jury being sent home abruptly on Friday. Read more..

By DAVID M. HALBFINGER - The New York Times

Blockbuster Faces the Critics

Many agree that Blockbuster needs a change in order to beef up profits, but few agree with its proposal to acquire the consumer electronics retailer Circuit City. Read more..

By CONRAD de AENLLE - The New York Times

Daily News Owner Matches Murdoch’s Offer for Newsday

Mortimer B. Zuckerman, the owner of The Daily News, is expected to make the argument that his bid is more attractive because it can be completed faster and does not have the potential to fall into regulatory limbo. Read more..

By TIM ARANGO - The New York Times

Environmental Cost of Shipping Groceries Around the World

Never has food moved around the world at the speed or in the amounts it has over the last few years. Now, many say it is time to make shippers and shoppers pay for the resulting pollution. Read more..


F.D.A. Panel Urges More Data on Laser Vision Surgery

After hearing testimony from patients whose vision was impaired by laser surgery, a Food and Drug Administration panel said Friday that the agency should do a better job informing patients of the surgery’s risks. Read more..

By DOW JONES - The New York Times

Getting Service Right

In The Harvard Business Review, a business professor writes about the four critical factors a service business must address to flourish. Read more..

By PAUL B. BROWN - The New York Times

Making Ships Green, in Port and at Sea

The shipping industry has made little progress toward becoming greener, with the most resistance coming less from the shipping industry than from the big oil companies that supply the dirty fuel. Read more..

By JAMES KANTER - The New York Times

Scanner to Find Fatty Deposits in Vessels Is Approved

Federal regulators have approved the sale of a new laser scanning system intended to locate fatty deposits in blood vessel walls that are thought to cause heart attacks. Read more..

By BARNABY J. FEDER - The New York Times

Société Générale’s Rogue Trader Finds a New Job

Jérôme Kerviel, the Société Générale trader who used his knowledge of the bank’s electronic risk controls to conceal billions in unauthorized bets, has a new job — at a computer consulting firm. Read more..

By NICOLA CLARK - The New York Times

When the Smoke Cleared

Should employers have the right to punish workers who smoke when they are not working? Read more..

By DAN MITCHELL - The New York Times

See what else happened on April 26, 2008