Financial news on October 31, 2009
Business and Financial news
The French-American telecommunications equipment maker said its quarterly loss more than quadrupled to $271 million as demand fell for older-generation wireless network gear. Read more..
The law requiring safety standards for products used by children is costly for handcrafters and small businesses. Read more..
Hockey and lotteries are among the topics Joe Nocera plans to write about more fully after he returns from his book leave. Read more..
Sony posted its fourth consecutive quarterly loss but said it would lose less money than expected this fiscal year, while Panasonic and Samsung posted quarterly profits. Read more..
Since a 40 percent tax on wine was dropped, imports have soared, auction houses have held multimillion-dollar sales and neighborhood wine shops have appeared. Read more..
Two Chinese writers’ groups claim that Google has scanned Chinese works into an electronic database in violation of international copyright standards. Read more..
Before the year ends, people have to decide whether to choose a new plan in the program or to change nothing at all. Read more..
With millions of Filipinos still reeling from the effects of successive typhoons, the price increases by the three largest oil companies in the country were criticized as greedy, callous and predatory. Read more..
Cities across the country like Newark and Cleveland are joining in a new effort to improve the diets of low-income residents. Read more..
Shares of the former General Motors are trading at around 60 cents each, even though they are worthless. Why? The answer may lie in short sales. Read more..