Worlds Business

Archive for July, 2009

Honda reported a 96 percent drop in first quarter profit to $79.8 million, its first earnings drop in four years, but raised its full-year forecast.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Quarterly revenue dropped in the company’s publishing, movie and online properties, but the media conglomerate affirmed its outlook for the year.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Taxing health care may be the surest way to slow its growth, but members of Congress are not eager to do so.

author By DAVID LEONHARDT, source www.nytimes.com

Robberies in 2009 are running 20 percent ahead of 2007’s pace in the nation with Europe’s highest jobless rate.

author By NELSON D. SCHWARTZ, source www.nytimes.com

A contest with a $1 million prize for improving on Netflix’s movie recommendations ended in a dead heat, but has already produced an impressive legacy.

author By STEVE LOHR, source www.nytimes.com

Once derided as immodest, hostessing, a job in which young women lavish attention on affluent men, has become a popular and respected profession.

author By HIROKO TABUCHI, source www.nytimes.com

Federal regulators are making permanent an emergency rule aimed at reducing abusive short-selling, put in at the height of last fall’s market turmoil.

author By GERRY SHIH, source www.nytimes.com

With a degree of flexibility in travel plans, you can now fly overseas in business class for a fraction of what it used to cost.

author By JOE SHARKEY, source www.nytimes.com

To counter negative publicity about passenger treatment, some airlines and airports are reintroducing problem-solving agents.

author By BARBARA S. PETERSON, source www.nytimes.com

The blessing by European foreign ministers of Iceland’s application raised questions about whether the bloc was losing the will to incorporate nations in the Balkans.

author By STEPHEN CASTLE, source www.nytimes.com

The island nation is locked in a fierce debate over how to pay off its creditors without ceding too much of its vaunted independence.

author By LANDON THOMAS Jr., source www.nytimes.com

For truck drivers videotaped for 18 months during a study, texting was found to be the riskiest distraction.

author By MATT RICHTEL, source www.nytimes.com

Consumers were told not to use body-building products that are sold as supplements but may contain steroids.

author By NATASHA SINGER and MICHAEL S. SCHMIDT, source www.nytimes.com

SPSS makes software to help businesses and governments organize and analyze data to make better decisions, useful tools in a downturn.

author By STEVE LOHR, source www.nytimes.com

The stock deal, a bid to expand Sprint’s prepaid cellphone offerings, represents a 31 percent premium to Virgin Mobile’s Monday closing share price of $4.21.

author By BLOOMBERG NEWS, source www.nytimes.com

An Energy Department decision may threaten USEC’s ability to commercialize its new technology.

author By MATTHEW L. WALD, source www.nytimes.com

The studio’s results were helped by “Kung Fu Panda,” mainly by pay-TV and DVD sales of the feature.

author By REUTERS, source www.nytimes.com

The recession has had a brutal effect on the many different types of businesses that make up the California wine industry.

author By ERIC ASIMOV, source www.nytimes.com

Revenue from advertising, video games and filmed entertainment declined in the company’s second quarter.

author By TIM ARANGO, source www.nytimes.com

A worker committed suicide after being questioned about a missing photo prototype, drawing attention to Apple’s culture of secrecy.

author By THE ASSOCIATED PRESS, source www.nytimes.com