Archive for February, 2015

Out of Trouble, but Criminal Records Keep Men Out of Work by BINYAMIN APPELBAUM

Saturday, February 28th, 2015

By BINYAMIN APPELBAUM Men with even one past conviction on their résumés are having trouble finding jobs, and that is taking a toll on the overall labor market. Published: March 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1G33k3Y via IFTTT

Warren Buffett Rails Against Investment Bankers by DAVID GELLES

Saturday, February 28th, 2015

By DAVID GELLES “Money shufflers don’t come cheap,” he writes in his annual letter to shareholders. Published: March 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1AmC3Bj via IFTTT

Hints at Warren Buffett’s Succession by DAVID GELLES

Saturday, February 28th, 2015

By DAVID GELLES Charlie Munger suggests that Berkshire Hathaway’s next chief executive will be either Greg Abel or Ajit Jain. Published: March 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1G2UXp0 via IFTTT

China Cuts Interest Rates to Stimulate Slowing Economy by DAVID BARBOZA

Saturday, February 28th, 2015

By DAVID BARBOZA China’s central bank made the announcement on its website, saying that the one-year bank lending rate would drop 0.25 percentage point to 5.35 percent. Published: March 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1DD9cxq via IFTTT

John Fairchild, Editor of Women’s Wear Daily, Dies at 87 by JACOB BERNSTEIN

Saturday, February 28th, 2015

By JACOB BERNSTEIN As publisher and editor, Mr. Fairchild transformed his family’s fusty trade publication into a must-read among fashion elites. Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1FId9kd via IFTTT

What’s an Economist’s Nobel Medal Worth? $390,848 by TARA SIEGEL BERNARD

Saturday, February 28th, 2015

By TARA SIEGEL BERNARD The medal awarded to the economist Simon Kuznets in 1971 was sold to an unidentified bidder for $390,848, one of only a few such medals ever to have been sold. Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1wtCx8g via IFTTT

Index of Pending Home Sales Rose in January by THE ASSOCIATED PRESS

Saturday, February 28th, 2015

By THE ASSOCIATED PRESS The data points to a rebound in the sales of existing homes in the coming months, particularly as the spring buying season gets underway. Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1JWY6JP via IFTTT

Stanley Fischer Suggests Fed Will Give Less Guidance by BINYAMIN APPELBAUM

Saturday, February 28th, 2015

By BINYAMIN APPELBAUM Stanley Fischer said it was time to bring more mystery to the relationship between the Fed and financial markets. Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1AjxVSD via IFTTT

Leon Black of Apollo Global Got $331 Million Payout in 2014 by WILLIAM ALDEN

Saturday, February 28th, 2015

By WILLIAM ALDEN Only in the world of private equity would an annual sum of more than $300 million for a top executive constitute a decline from the previous year. Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1wvLILk via IFTTT

I.P.O. Plans Withdrawn for Spinoff of JBS, World’s Largest Meatpacker by DAN HORCH

Saturday, February 28th, 2015

By DAN HORCH The initial public offering would have spun off JBS’s Brazilian pork, poultry and food operations and raised up to 3.5 billion reais ($1.2 billion). Published: February 28, 2015 at 01:00PM from NYT Business Day http://ift.tt/1Boaf4Z via IFTTT