Financial news on May 31, 2008

Business and Financial news
Billboards That Look Back

New technology has made it possible, using tiny cameras, to gather details about people looking at billboard ads, such as their age or gender. Read more..

By STEPHANIE CLIFFORD - The New York Times

Ford to Build More Fiestas to Offset Falling Truck Sales

The Ford Motor Company, struggling with tumbling sales of its bigger vehicles, revealed plans to build its new subcompact car, the Fiesta, at a Mexican factory. Read more..

By NICK BUNKLEY - The New York Times

Former EADS Chief Faces Insider Trading Charges

French judges have filed preliminary charges against Noël Forgeard as they investigate stock sales executed ahead of the announcement of major delays in building the A380 superjumbo. Read more..

By CAROLINE BROTHERS - The New York Times

Frank Shattuck II, Who Helped Guide Schrafft’s, Dies at 89

Mr. Shattuck was the last president of the company that owned Schrafft’s restaurants, a New York City-based chain that offered home-style food in genteel surroundings. Read more..

By DENNIS HEVESI - The New York Times

Loss of a Backer Grounds a Business-Class Airline

Silverjet, the business-class-only airline, on Friday became the third such carrier to cease operations in the last six months, unable to cope with rising fuel costs or to attract new financing. Read more..

By JULIA WERDIGIER - The New York Times

Rift Develops Among Investors in Russian Gas Venture

The oil company BP rejected demands from a group of Russian billionaires to fire the head of the lucrative TNK-BP natural gas venture, deepening a confrontation between shareholders. Read more..

By SOPHIA KISHKOVSKY - The New York Times

United and US Airways End Merger Talks

The two companies told their employees on Friday that they would not reach a merger agreement with another airline for the time being, and said they were evaluating further steps. Read more..

By MICHELINE MAYNARD - The New York Times

See what else happened on May 31, 2008