Financial news on February 27, 2010
Business and Financial news
The number of problem loans is a stark reminder that the banking system remains in perilous health. Read more..
Gram-negative bacteria are practically built to withstand drugs, which is one reason few drug makers have rushed to pursue treatments. Read more..
Acknowledging that its debt could threaten growth, India said that it would rein in its fiscal deficit by increasing taxes on consumer goods and slowing spending. Read more..
The reason that oyster thefts are rising harks back to a mysterious decimation of stocks a few years ago that hit the seed oysters. Read more..
Sales of existing homes fell 7.2 percent; analysts had expected an increase. Meanwhile, the first revision of G.D.P. for late 2009 shows that the economy grew at a 5.9 percent annual pace. Read more..
There’s bound to be another bubble and another one after that. A way to survive their collapses is to honestly assess your long-term goals. Read more..
CKE Restaurants, the owner of fast-food chains like Hardee’s and Carl’s Jr., agreed on Friday to sell itself to the private equity firm Thomas H. Lee Partners for $619 million in cash. Read more..
An overload of options, researchers say, may actually push people into decisions that are against their own best interest. Read more..
In a letter to Toyota, Representative Edolphus Towns is seeking more details on a database of vehicle design and testing information. Read more..
The ruling, by the Federal Administrative Court in Bern, raises pressure on Swiss lawmakers to approve the data-sharing settlement with the Internal Revenue Service. Read more..