Financial news on January 27, 2007

Business and Financial news
A Breadwinner Rethinks Gender Roles

I always assumed that my spouse and I would enjoy a relationship based on equality, but I have to admit that my concept of equality never included supporting the family. Read more..

By M.P. DUNLEAVEY - The New York Times

A Fund Giant Not Fretting About No. 1

John Brennan, chairman and chief executive of Vanguard, discusses the financial industry and the small investor. Read more..

By PATRICIA R. OLSEN - The New York Times

BMW Reports Record Sales; Porsche Posts Revenue Drop

The German carmaker posted record sales last year with new versions of the 3 Series car and X3 sport utility vehicle. Read more..

By BLOOMBERG NEWS - The New York Times

Ex-Executive of Computer Associates Receives Prison Sentence

A former executive with Computer Associates who pleaded guilty to securities fraud was sentenced to seven months in prison and seven months of home detention. Read more..

By DOW JONES/AP - The New York Times

Gap Is in Need of a Niche

In an era of niches, when exclusion is as vital as inclusion, Gap has become an anachronism: a single chain, selling only its own brand. Read more..

By MICHAEL BARBARO and HILLARY CHURA - The New York Times

Intel Says Chips Will Run Faster, Using Less Power

Intel has overhauled the basic building block of the information age, paving the way for faster and more energy-efficient processors. Read more..

By JOHN MARKOFF - The New York Times

Luxury by the Fraction

What works for vacation homes and private planes — fractional ownership — is rapidly becoming available for pleasure boats and wineries. Read more..

By PAUL B. BROWN - The New York Times

O.K., Financial Planners, Grab a Calculator and Let’s Get Started

The only way to know whether you have saved enough for retirement is, when you suck in your last breath, for someone to show you your bank statement. Read more..

By DAMON DARLIN - The New York Times

Turning 60, and Doing So With 1,500

The guest list is a closely guarded secret, but appears to be deep and wide. The man of the hour is Stephen A. Schwarzman, the hedge fund titan. Read more..

By LANDON THOMAS Jr - The New York Times

What Can Money Buy?

Several news reports have suggested that the F.C.C. will soon announce a settlement with four major radio broadcasters over payola. Read more..

By DAN MITCHELL - The New York Times

See what else happened on January 27, 2007