Financial news on March 31, 2007

Business and Financial news
German Retailer to Pay Restitution to Jewish Family for Berlin Property

Germany’s largest retailer will pay the heirs of a department store once owned by a Jewish family more than $100 million for the confiscation of what is now prime real estate in Berlin. Read more..

By MARK LANDLER - The New York Times

Homeowners, Call Your Bankers Before They Call You

With many adjustable-rate mortgages about to reset at a higher rate, it is important to take action before the lender does. Read more..

By DAMON DARLIN - The New York Times

In Big Shift, U.S. Imposes Tariffs on Chinese Paper

Officials said the new policy could lead to duties on imports of Chinese steel, plastics, machinery and textiles. Read more..

By STEVEN R. WEISMAN - The New York Times

Intel Can Recover Bonuses It Shouldn’t Have Paid

The proxy contains a clawback provision with some bite. Intel can take back money it turns out an executive didn’t deserve. Read more..


J. Paul Sticht, 89, Executive Who Expanded R. J. Reynolds, Dies

J. Paul Sticht, the first outsider to lead R. J. Reynolds, led the company through a time of rapid diversification. Read more..

By REED ABELSON - The New York Times

Speed May Do More Harm Than Good

In the time it takes to read this sentence, you could be making big money in the markets. In theory. Read more..

By CONRAD DE AENLLE - The New York Times

Summer’s Here, at Least at the Gas Pump

Gasoline prices are surging again, but if drivers stop at a Burger King along the way, at least some of the food they eat will be from suppliers that treat their animals well. Read more..

By CLIFFORD KRAUSS - The New York Times

The Name Game (Plus Typos)

Companies like Microsoft are filing lawsuits against outfits they say engage in a practice called “domain swiping.” Read more..

By DAN MITCHELL - The New York Times

Too Busy to Notice You’re Too Busy

Being busy is part of our modern world, but there are some simple ways to wrestle back control. Read more..

By ALINA TUGEND - The New York Times

Tug of War Puts the Fans in the Middle

A battle for Major League Baseball is a reminder that once upon a time, in an era we barely remember now, sports and television lived in harmony. Read more..

By JOE NOCERA - The New York Times

See what else happened on March 31, 2007