New York Times Top News Digest

Venture Capitalists’ Confidence Creeps Back - Bits Blog - NYTimes.com

@ Apr 08, 2009 03:03 AM 19 comments

Venture capitalists, who have been uncharacteristically pessimistic for the past year, are seeing signs of hope, according to the latest quarterly Silicon Valley Venture Capitalist Confidence Index.

Flight Was Normal Until 26 Seconds Before Crash - NYTimes.com

@ Feb 15, 2009 09:12 PM 10 comments

The commuter plane that crashed here Thursday appeared to be flying normally until just 26 seconds before it came down, the National Transportation Safety Board said on Sunday evening

Japan’s Economy Shrinks at Fastest Pace Since ’74 - NYTimes.com

@ Feb 15, 2009 09:10 PM 8 comments

Japan's gross domestic product, or the total value of the nation's goods and services, dropped at an annual pace of 12.7 percent in the October-December period, the government said Monday.

Obama Pick for Oversight Role Pulls Out Over Tax Issue

@ Feb 03, 2009 11:01 AM 5 comments

Nancy Killefer, who failed for a year and a half to pay employment taxes on household help, has withdrawn her candidacy to be the first chief performance officer for the federal government, the White House said Tuesday

At G.M., Innovation Often Suffers for Profits

@ Dec 06, 2008 02:05 AM 10 comments

General Motors did not apologize for anything in its first trip to Congress more than two weeks ago to plead for a federal rescue. The company’s only problem, it insisted, was the current financial crisis.

The 10 Best Books of 2008 - NYTimes.com

@ Dec 06, 2008 12:49 AM 7 comments

The editors of the Book Review have selected these titles from the list of 100 Notable Books of 2008.

In North Dakota - Recession? What Recession?

@ Dec 06, 2008 12:45 AM 6 comments

As the rest of the nation sinks into a 12th grim month of recession, this state, at least up until now, has been quietly reveling in a picture so different that it might well be on another planet.

New Boeing 787 Jetliner Faces Another Delay

@ Dec 06, 2008 12:38 AM 10 comments

The Boeing 787 Dreamliner is facing yet another delay, and the first plane will not be delivered until 2010 at the earliest, nearly two years behind the original schedule, according to senior airline executives.

$100 Million in Jewels Stolen From Paris Store

@ Dec 06, 2008 12:32 AM 8 comments

A savvy band of jewel thieves, some posing as women, stole diamonds, rings and watches valued at more than $100 million from a Harry Winston boutique in the heart of the city’s “golden triangle” of luxury shops, the authorities said Friday

Op-Ed Columnist - Obama’s Iraq Inheritance

@ Nov 30, 2008 09:48 PM 49 comments

Iraq’s highest court told the Iraqi Parliament last Monday that it had no right to strip one of its members of immunity so he could be prosecuted for an alleged crime: visiting Israel for a seminar on counterterrorism.

The Reckoning - Citigroup Pays for a Rush to Risk

@ Nov 23, 2008 03:28 AM 7 comments

While much of the damage inflicted on Citigroup and the broader economy was caused by errant, high-octane trading and lax oversight, critics say, blame also reaches into the highest levels at the bank.

Let Detroit Go Bankrupt

@ Nov 21, 2008 09:53 PM 8 comments

IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.

Say Goodbye to BlackBerry? If Obama Has to, Yes He Can

@ Nov 16, 2008 05:20 AM 6 comments

Sorry, Mr. President. Please surrender your BlackBerry.

Clashes Fuel Talk of Anti-Immigrant Surge in Italy

@ Oct 12, 2008 10:16 PM 6 comments

In a meeting with Pope Benedict XVI at the Quirinal Palace in Rome this month, President Giorgio Napolitano called for church and state to work together “to overcome racism.”

Mitsubishi and Morgan Stanley Renegotiating

@ Oct 12, 2008 10:11 PM 6 comments

In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall Street giant Morgan Stanley would be protected, according to people involved in the talks.

Funny Numbers - Do Polls Lie About Race?

@ Oct 12, 2008 10:09 PM 5 comments

Remember how the exit polls in 2004 predicted President Kerry?

U.S. Declares North Korea Off Terror List

@ Oct 12, 2008 10:09 PM 14 comments

The Bush administration announced Saturday that it had removed North Korea from a list of state sponsors of terrorism in a bid to salvage a fragile nuclear deal that seemed on the verge of collapse.

The Reckoning - Taking Hard New Look at a Greenspan Legacy - Series - NYTimes.com

@ Oct 08, 2008 11:03 PM 49 comments

“Not only have individual financial institutions become less vulnerable to shocks from underlying risk factors, but also the financial system as a whole has become more resilient.” — Alan Greenspan, former Federal Reserve chairman, 2004

Wells Fargo Swoops In

@ Oct 03, 2008 11:39 PM 8 comments

The bold gambit that could reorder American banking began with the chirp of a cellphone in Charlotte, N.C.

House Approves Bailout on Second Try

@ Oct 03, 2008 01:46 PM 222 comments

The crucial vote was 263-171, passing by a comfortable bipartisan margin. Most Democrats voted in favor (172 yeas to 63 nays), while a slighter majority of Republicans voted against (91 yeas to 108 nays).

Palin and Biden Clash on the Economy

@ Oct 02, 2008 11:00 PM 7 comments

The financial crisis took center stage in the vice presidential debate on Thursday evening as Gov. Sarah Palin and Senator Joseph R. Biden Jr. fiercely defended the economic policies of their respective running mates in a series of exchanges that also highlighted the stylistic differences of each candidate.

News Analysis - Bailout Is Only One Step on a Long Road - News Analysis - NYTimes.com

@ Sep 28, 2008 11:32 PM 8 comments

The government’s planned financial bailout is a significant if costly step intended to avert economic calamity, but it may not be the last one, according to economists and finance experts.

News Analysis - McCain Leaps Into a Thicket

@ Sep 26, 2008 06:52 AM 6 comments

Senator John McCain had intended to ride back into Washington on Thursday as a leader who had put aside presidential politics to help broker a solution to the financial crisis. Instead he found himself in the midst of a remarkable partisan showdown, lacking a clear public message for how to bring it to an end.

Government Seizes WaMu and Sells Some Assets

@ Sep 26, 2008 06:51 AM 7 comments

Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history.

Bank of America in Talks to Acquire Merrill Lynch

@ Sep 15, 2008 12:28 AM 11 comments

Bank of America is in advanced talks to buy Merrill Lynch for about $50.03 billion, people briefed on the negotiations said on Sunday, as a means to preserve that investment bank while Lehman Brothers looks likely to collapse

Rush Is On to Prevent A.I.G. From Failing

@ Sep 14, 2008 10:46 PM 7 comments

The American International Group, the insurance company, is planning a major reorganization and a sale of its aircraft leasing business and other units to stabilize its finances, a person briefed on the company’s strategy said on Sunday.

Palin’s TV Ratings Nearly Match Obama’s

@ Sep 04, 2008 10:00 PM 6 comments

Governor Palin swept in 37,244,000 viewers on Wednesday night, according to Nielsen — about 13 million more than watched her Democratic counterpart, Senator Joseph R. Biden Jr., last Wednesday night when he accepted the Democrats’ vice-presidential nomination and, most astonishingly, just a million shy of Senator Barack Obama’s record 38.4 million last Thursday at Invesco Field in Denver

New York Times Top News Digest - roosevelt