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Obama Offers to Cut Corporate Tax Rate to 28%

17 hours 51 min ago

Republicans and business groups complain that the 35 percent corporate tax rate is among the highest in the world, leaving American companies at a disadvantage.

Top Retailers Report Strong Profit, but Walmart Shoppers Struggle

18 hours 32 min ago

Walmart, Macy’s, Home Depot and Saks Fifth Avenue all reported sales increases for their fourth quarters ending in January. But Walmart had to lower prices aggressively, hurting its profit.

F.D.A. Approves Imports Amid Shortage of 2 Cancer Drugs

Wed, 02/22/2012 - 06:57

Doxil and methotrexate are among the drugs whose shortfall is threatening lives in the United States.

Stocks and Bonds: Dow Hits 13,000, a Mark Last Reached in 2008

Wed, 02/22/2012 - 06:26

The Dow Jones industrial average exceeded 13,000 points in late morning trading, but then fell back, as investors weighed a bailout deal for Greece and the latest corporate earnings reports.

An E-Mail App Arrives for the BlackBerry Tablet

Wed, 02/22/2012 - 06:25

Research in Motion on Tuesday finally brought e-mail to its tablet computer, the BlackBerry PlayBook, which initially could send or receive e-mails only by being connected to a BlackBerry phone.

Square Feet | The 30-Minute Interview: The 30-Minute Interview: Barry B. LePatner

Wed, 02/22/2012 - 06:25

Mr. LePatner, whose law firm represents owner-builders in construction projects, has written extensively on rebuilding the nation’s infrastructure.

Square Feet: Sam Zell Bids for Archstone, an Apartment Landlord

Wed, 02/22/2012 - 06:25

The bankruptcy of the Tribune Company has not tarnished Samuel Zell’s reputation in real estate; he is now bidding for a stake in a huge apartment landlord, Archstone.

Square Feet: In Historic Stamford Town Hall, an Incubator for New Ideas

Wed, 02/22/2012 - 06:24

Town Hall in Stamford, Conn., will become home to an incubation center — a place where potential entrepreneurs receive access to investors, work space and mentoring.

Advertising: Sonic Drive-In Brings Back Longtime Spokesmen

Wed, 02/22/2012 - 06:24

The fast-food chain’s campaign reintroduced T. J. Jagodowski and Peter Grosz, who starred in humorous ads from 2002 to 2010, through social media.

J.& J. Chief to Resign One Role

Wed, 02/22/2012 - 06:22

William C. Weldon will step down as chief executive of Johnson & Johnson, which has struggled to emerge from a swarm of product recalls and manufacturing lapses.

News Analysis: New Bailout Is a Reprieve for Greece, but Doubts Persist

Wed, 02/22/2012 - 06:21

Longer-term doubts over Greece's ability to repay its staggering debts remain, raising questions about whether even more rescue money will eventually be needed.

Flawed DePuy Hip Implant Had Early F.D.A. Notice

Wed, 02/22/2012 - 06:07

Before recalling an all-metal artificial hip, Johnson & Johnson insisted it was safe and maintained that company-sponsored studies refuted complaints that the device was flawed.

Bank Overdraft Fees to Be Scrutinized by Consumer Bureau

Wed, 02/22/2012 - 06:00

The Consumer Financial Protection Bureau said it would look into whether banks misled customers about the fees.

Legal Fees for Fannie and Freddie Near $50 Million

Wed, 02/22/2012 - 05:41

As expenses rise, there are new calls to limit the costs at Fannie Mae and Freddie Mac and outlays for defending its former executives.

DealBook: Greek Crisis Raises New Fears Over Credit-Default Swaps

Wed, 02/22/2012 - 02:06

The $172 billion bailout of Greece may set off the credit-default swaps on that country's debt, even though Europe is trying to avoid activating them.

DealBook: For Greece, a Bailout; for Europe, Perhaps Just an Illusion

Wed, 02/22/2012 - 01:31

The aid package for Greece prevents it from cashing out of the euro zone for now. But what it means as a precedent for other heavily indebted euro zone members is another matter.

Deal Professor: Under Volcker, Old Dividing Line in Banks May Return

Wed, 02/22/2012 - 00:26

The Volcker Rule may create a divided world where the old investment banks are challenged by upstarts that are not limited by the rule.

Bits Blog: Google to Sell Heads-Up Display Glasses by Year's End

Tue, 02/21/2012 - 23:29

Google is currently making a pair of glasses that will be able to stream information to the wearer’s eyes in real time.

Economix Blog: College Aid Recipients Donate Less as Alumni

Tue, 02/21/2012 - 19:40

A new study, based on alumni donations to a large research university, finds that students who receive loans or even grants give less money after graduation than their peers who pay full freight.

BUSINESS: Business Day Live | February 21, 2012

Tue, 02/21/2012 - 16:28

Europe agrees to a $173 billion aid package for Greece; Banks offer mortgage help, but there may not be anyone to explain how it works.

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