Financial news on October 28th, 2006

Business and Financial news
Anyone Seen the Mormon Choir?

Critics have accused SoundExchange, the nonprofit that handles royalty payments for musicians, of moving too slowly to find artists who haven’t been paid. Read more..

By DAN MITCHELL - The New York Times

Barbie Gets Some Help From Elmo

Robert A. Eckert, chairman and chief executive of Mattel, spoke about the company’s turnaround plans, Barbie and child-proofing gadgets that created a new market. Read more..

By JUSTON JONES - The New York Times

End of the Line for Ford Taurus

The last Ford Taurus rolled off the assembly line, the end of a model that revolutionized the way cars were developed in Detroit. Read more..


Growth Slackened in Summer

The housing market’s free fall slowed economic growth to its weakest pace since early 2003. Read more..

By EDUARDO PORTER - The New York Times

In Credit Card Rates, Trust but Verify

Figuring out charges for financing and for late payments can be a mystery for consumers. Read more..

By ALINA TUGEND - The New York Times

Misgivings on the Rise of the Dow

Market strategists are warning that there is a lot of room for the Dow to fall and good reasons to think it might. Read more..

By CONRAD DE AENLLE - The New York Times

Price Surges on Debut Day for Shares in China Bank

Shares of Industrial and Commercial Bank of China soared 15 percent on their first day, in the biggest initial offering in history. Read more..

By DAVID BARBOZA - The New York Times

Reluctance and Silence on Recalls

While most consumers are oblivious to product recalls, the basic problem remains that companies don’t like having to announce a recall. Read more..

By DAMON DARLIN - The New York Times

Some Numbers Soar While Some Others Slump

Robust corporate profits and flagging inflation propelled the stock market to new heights, but economic news on the ground was not as encouraging. Read more..

By MARK A. STEIN - The New York Times

Sushi Is to Mrs. Paul’s as Green Tea Lattes Are to ...?

A Tokyo-based chain hopes to take on Starbucks by offering new gourmet tea drinks, including a latte made with green tea. Read more..

By MARTIN FACKLER - The New York Times

See what else happened on October 28th, 2006