Saturday, August 20, 2011

Business

The Yokosuka power plant creates 900,000 kilowatts of electricity, and abundant fumes.
Max Hodges for The New York Times

The Yokosuka power plant creates 900,000 kilowatts of electricity, and abundant fumes.

YOKOSUKA, Japan — To meet electricity demand, Japan has fired up fossil-fuel plants at great environmental and economic costs.

Once Again, Fear Sends Stocks Down

Europe’s debt crisis and weakness in the American economy once again sent stock market indexes lower.

U.S. to Offer Oil Leases in the Gulf

WASHINGTON — The proposed sale, scheduled for Dec. 14, will be the first sale in the part of the gulf bordering Texas since the summer of 2009 and the first sale of any kind in the gulf since March 2010.

Chinese Premier Sounds Confident Note on U.S. Economy

BEIJING — In a second day of meetings Friday with Vice President Joseph R. Biden Jr., Vice President Xi Jinping called for new measures to restore confidence in global financial markets.

As PCs Wane, Companies Look to Tablets

Computer makers are expected to ship only about 4 percent more PCs this year than last year, while tablets are flying off store shelves.

DealBook

Norilsk Offers Share Buyback to End Long Dispute

Russia's largest mining operator offered to buy most of the shares held by one of the company's two feuding owners.

In a Race to Out-Rave, 5-Star Web Reviews Go for $5

A thriving industry is buying and selling rapturous reviews on the Web, and academics and businesses are looking for ways to ferret out the fakes.

Antibacterial Chemical Raises Safety Issues

Regulators, consumer advocates and soap manufacturers are locked in a battle over triclosan, the active ingredient in antibacterial soaps like Dial Complete.

Today's Columnists
Common Sense

Questioning the Dogma of Tax Rates

The idea of equalizing capital gains and ordinary income rates has become the third rail of tax policy and electoral politics.

Your Money

Your Voice Mail May Be Even Less Secure Than You Thought

Caller ID spoofing, the way hackers gain access to phone voice mail accounts, can also be used to get someone else’s credit card information.

The Week’s Business News in Photos

Warning from the health care industry about jobs; anxiety over Europe roils markets; Nordstrom’s new effort in New York; and a summer camp introducing girls to manufacturing.

Wealth Matters

The Hidden Dangers In Safe Havens

Investors who rush to Treasuries or gold in times of turmoil should be thinking about when to get back into other securities.

Weekend Business

Jeff Sommer with Graham Bowley and Floyd Norris on the troubled markets; Susanne Craig on a bidding war for Internet analysts; Tyler Cowen on declining productivity; and Paul Lim on a silver lining for stocks.

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Off the Charts

From Philadelphia, Slowdown News

The Federal Reserve Bank of Philadelphia’s business index for August fell to a level that in the past has signaled a recession.

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