Category: All

LAURA BUSH GETS $1.6M ADVANCE

6 January, 2009 (02:45) | All

First Lady Laura Bush snagged a seven-figure deal to write her life story for the Scribner imprint of Simon & Schuster. Bush is said to have received an advance of $1.6 million, according to one well-placed publishing source - although another…

FRONT-PAGE NEWS

6 January, 2009 (02:45) | All

The New York Times is shopping ad space on its once sacred front page for $75,000 on weekdays and $100,000 on Sundays, according to several ad buyers who asked to remain unnamed. The Gray Lady finally made the decision to break with longstanding…

EBAY’S MEG MAY BID

6 January, 2009 (02:44) | All

If eBay’s legendary queen Meg Whitman flexes her muscles to replace Arnold Schwarzenegger as California’s governor, she’ll be giving up control of a huge fortune. She’ll also suffer a big pay cut - but it’s a cheap price for getting closer to…

CAR-NAGE! DECEMBER AUTO SALES CRASH & BURN

6 January, 2009 (02:44) | All

The worst-stalled car sales in 15 years are punishing automakers across the globe, spreading billions in new red ink to Detroit, Japan and Europe. As Washington’s bailouts rescued General Motors and Chrysler from the precipice of bankruptcy, the…

BUSINESS BRIEFS

6 January, 2009 (02:43) | All

TV Guide Lions Gate Entertain ment agreed to buy TV Guide Network and TVGuide.com from Macrovision Solutions for $255 million. The deal is expected to close on Feb. 28. It re places a previous pact to sell the properties to an investor group…

As Prices Rise, Some See $2 Gas

6 January, 2009 (02:30) | All

Gasoline prices have risen by several cents amid indicators that the national average could jump to $2 a gallon or higher this spring.

Coming Down on Tobacco

6 January, 2009 (02:09) | All

The new Congress plans to move aggressively against the tobacco industry by regulating cigarettes, raising sales taxes and ratifying an international antitobacco treaty.

Investors Strain to Sell Start-Up Companies

6 January, 2009 (02:07) | All

The financial crisis left last year with the fewest public offerings of venture-backed start-ups since 1977.

Markets Decline as Auto Sales Plummet

6 January, 2009 (02:07) | All

After three sessions of gains that fueled hopes for a January rebound, Wall Street fell as car companies released December sales and oil prices clawed back from five-year lows.

Frequent Flier: To Reach These Destinations, the Nonstops Are Rare

6 January, 2009 (02:05) | All

As far as some travelers are concerned, making the best of travel means meeting new people.

On the Road: That Tiresome Warning About Inappropriate Jokes

6 January, 2009 (02:03) | All

A reporter goes on the trail of an annoying airport announcement.

Itineraries: Help in Hot Spots

6 January, 2009 (02:02) | All

For business travelers facing sudden illness or acts of terrorism, several companies offer help.

Studio to Buy TV Guide

6 January, 2009 (01:59) | All

The Lions Gate Entertainment Corporation agreed to buy TV Guide Network and TVGuide.com from the Macrovision Solutions Corporation for $255 million.

A Top Editor Leaving Washington Post

6 January, 2009 (01:59) | All

Passed over for the top job, Philip Bennett decides it is time to leave.

Waterford Wedgwood Is in Receivership

6 January, 2009 (01:59) | All

High manufacturing costs, declining demand for luxury goods and a weak dollar overstretched the finances at the Irish maker of luxury crystal and ceramics.

Advertising: HBO Is Hiding Little About ‘Big Love’

6 January, 2009 (01:57) | All

HBO’s “Big Love” is beginning an aggressive ad campaign to remind its audience just what was happening to the polygamous Henrickson family.

Executives Replaced at Borders as Sales Fall

6 January, 2009 (01:57) | All

The book retailer said that George L. Jones would be succeeded by Ron Marshall, a private equity executive with experience turning around ailing companies.

Breakingviews.com: Rebuilding the S.E.C.

6 January, 2009 (01:55) | All

The S.E.C. has been deteriorating for years. Rebuilding it will require political backing and greater industry expertise.

Tyson Foods Chief to Step Down After a Difficult Year

6 January, 2009 (01:54) | All

The food company, facing volatile commodity prices, weak demand and an oversupply of meat, said Richard L. Bond would be replaced by a former chief executive, Leland E. Tollett.

Air Security Could Involve Private Jets

6 January, 2009 (01:54) | All

Some 10,000 air operators would lose at least some of their exemption status if a new security plan is adopted.

DealBook Column: Eating Crow at a Dinner for Wall St.

6 January, 2009 (01:53) | All

Many heavy hitters on Wall Street, even those who did not get burned badly, should be glad that 2008 is history.

Investors Shrug Off Poor Auto Sales

6 January, 2009 (01:00) | All

Stocks fell only slightly yesterday despite reports from automakers that their sales took another tumble last month.

U.S. Auto Sales Fell 36% in December

6 January, 2009 (01:00) | All

The auto industry capped off 2008 with its worst sales in 16 years as Americans continued to steer clear of dealerships in December, according to sales figures released yesterday.

Obama Pitches Stimulus Plan

6 January, 2009 (01:00) | All

President-elect Barack Obama arrived on Capitol Hill yesterday and immediately set to work reassuring skeptical Republicans about his massive economic stimulus package — part of a campaign that earned him praise for seeking their input but questions from those averse to hundreds of billions of…

Apple Chief Steve Jobs Announces News on His Health, Sending Share Prices Up

6 January, 2009 (01:00) | All

Apple chief executive Steve Jobs announced yesterday that he is afflicted with a protein-depleting hormone imbalance, and on Wall Street the news was greeted with a rally.

Data Breaches Up Almost 50 Percent, Affecting Records of 35.7 Million People

6 January, 2009 (01:00) | All

Businesses, governments and educational institutions reported nearly 50 percent more data breaches last year than in 2007, exposing the personal records of at least 35.7 million Americans, according to a nonprofit group that works to prevent identity fraud.

TV Converter Program Runs Out of Coupons

6 January, 2009 (01:00) | All

The government’s billion-dollar program to help people prepare for the transition to digital television has run out of money, potentially leaving millions of viewers without coupons to buy converter boxes they need to keep their analog TV sets working after the switch.

Venezuela Ends U.S. Heating Aid

6 January, 2009 (01:00) | All

With sagging oil prices putting pressure on its own budget, the government of Venezuela has ended its three-year-old, $100 million program providing home heating-oil assistance for poor Americans in 23 states.

JetBlue, TSA Workers Settle in T-Shirt Case

6 January, 2009 (01:00) | All

JetBlue Airways and two officials with the U.S. Transportation Security Administration have paid $240,000 to settle charges that they illegally discriminated against an Iraqi-born U.S. resident who was barred from a flight until he covered his T-shirt, which carried an Arabic phrase, his attorney…

Business briefs

5 January, 2009 (23:05) | All

APPLE INC.

Jobs explains

his weight loss

Apple Inc. founder and CEO Steve Jobs, a survivor of pancreatic cancer, said Monday that a treatable hormone imbalance is to blame for the weight loss that has prompted worries about his health.