Deal-From-Hell Award for Landry’s
Landry’s Restaurants has announced that it has terminated its troubled deal to be taken private. The reason is a bit tortured and frankly odd.
The bank would get a $20 billion capital injection and potentially absorb $100 billion in additional losses.
House Democrats unveiled an $825 billion recovery package, and the Senate voted to release the second half of the Treasury’s $700 billion bailout fund.
At her confirmation hearing, Mary L. Schapiro outlined an ambitious agenda that included tighter regulation of hedge funds and credit rating agencies.
The chief executive said Intel would continue to invest in manufacturing technology as it looks to outpace rivals.
Shares on Wall Street, which spent much of the day sharply lower, rose in mid-afternoon trading.
The bank reported a $702 million profit for its fourth quarter, topping forecasts for a quarter expected to be among the toughest in its history.
Some people simply don’t have the same privacy rights as the rest of us, whether they like it or not.
The New York attorney general has issued subpoenas to determine whether J. Ezra Merkin defrauded universities and charities when he invested their money with Bernard L. Madoff.
State regulators in Massachusetts have accused top executives of the Reserve Fund with lying to shareholders about the safety of their investments.
The report showing the fifth straight month of declining wholesale prices raised fears of persistent deflation.
The report said that the agency should fulfill promises it made to fix its system for approving medical devices.
The managed-care company said that it would pay $350 million to settle the class-action suit over reimbursement for out-of-network claims.
The cuts, through buyouts and possibly layoffs, are the latest example of a sharp contraction in the size of American newspapers as they grapple with falling advertising and circulation.
The European Central Bank decided to lower its main interest rate by half of a percentage point to 2% amid mounting evidence of lower prices and weaker activity.
On the tenth day of the Russian-Ukrainian dispute, the two sides argued over the shipment of gas for Moldova, the Balkans and Slovakia.
As demand for oil has plunged, companies up and down the energy pipeline are acting in ways that would have been unimaginable until recently.
All 20 cities in the Standard & Poor’s/Case Shiller Housing Index reported declines in October.
Spending on sparkling wines in nearly every country increased in the last five years, particularly in East Asia, Eastern Europe and South America.
A look at recent events that have shaken the world’s financial system.
Vikas Bajaj, who covers finance for The Times, offers an interactive tour of the New York Stock Exchange.
Can voters reasonably expect economic indicators to change after a new president takes office in January?
A series about the surge in consumer debt and the lenders who made it possible.
Landry’s Restaurants has announced that it has terminated its troubled deal to be taken private. The reason is a bit tortured and frankly odd.
So many electronics shows, but so few standout products. But maybe that new Palm Pre is worth a word or two.
News, photos and more from the scene of the 2009 North American International Auto Show.
See how long it could take for your portfolio to return to its peak value.
The New York Times tracks how the $700 billion Troubled Asset Relief Program is being doled out to banks, insurance companies and more.
The stock market’s devastating decline in 2008, money market funds as a refuge, and more.
Jeff Sommer and Louis Uchitelle on the effectiveness of fiscal stimulus, Tim O’Brien and Andrew Martin on the McDonald’s revival, and John Schwartz on some tempting personal solutions to the economic downturn.