Monday, June 30, 2014

California Prosecutor Sues G.M. Over Sprawling Recall by AARON M. KESSLER



By AARON M. KESSLER


A lawsuit filed by District Attorney Tony Rackauckas of Orange County charges General Motors with unfair business practices and deceptive marketing.


Published: July 1, 2014 at 4:00AM


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Blade, a Helicopter-Booking App, to Partner With Uber by MICHAEL J. DE LA MERCED



By MICHAEL J. DE LA MERCED


A new app that lets users charter flights to and from the Hamptons and Montauk will take part in a one-day promotion with the popular car-ride service.


Published: June 30, 2014 at 4:00AM


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Chinese Manufacturing Expansion Hits 6-Month High by REUTERS



By REUTERS


A government report put growth in the sector in June at its highest point this year, an indication that the economy has stabilized.


Published: July 2, 2014 at 4:00AM


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Holder Announces BNP Paribas Plea Deal by AP



By AP


Attorney General Eric H. Holder Jr. announced that BNP Paribas will plead guilty to criminal charges and pay a $8.9 billion fine for violating sanctions.


Published: June 30, 2014 at 4:00AM


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A Grieving Father Pulls a Thread That Unravels Illegal Bank Deals by JESSICA SILVER-GREENBERG and BEN PROTESS



By JESSICA SILVER-GREENBERG and BEN PROTESS


A lengthy investigation of some of the world’s top banks, which started with a father from New Jersey, is coming to an end with a guilty plea from BNP Paribas.


Published: June 30, 2014 at 4:00AM


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G.M. Victim Compensation: How the Plan Works by DANIELLE IVORY



By DANIELLE IVORY


A program has been announced by Kenneth R. Feinberg to pay claims for those killed or injured because of an ignition flaw.


Published: July 1, 2014 at 4:00AM


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L’Oréal Settles With U.S. Over Skin Care Claims by REUTERS



By REUTERS


The cosmetics maker has agreed to settle complaints that advertisements for some of its skin care products were deceptive, the Federal Trade Commission said on Monday.


Published: July 1, 2014 at 4:00AM


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Pending Home Sales Hit 8-Month High in May by REUTERS



By REUTERS


Contracts to buy previously owned homes reached an eight-month high in May, the latest indication that housing was pulling out of a recent soft patch.


Published: July 1, 2014 at 4:00AM


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A Conduit for Russian Gas, Tangled in Europe’s Conflicts by STANLEY REED



By STANLEY REED


Work on a major pipeline beneath the Black Sea has stopped, as the European Union and the United States apply pressure on Bulgaria, where the gas conduit was to make landfall.


Published: July 1, 2014 at 4:00AM


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UnitedHealth, an Insurer Switching Roles, Helps Hospitals on Medicare Billing by REED ABELSON



By REED ABELSON


The insurer owns a little-known consultant that is flourishing by helping hospitals exploit what they describe as a gray area in Medicare payments for hospital stays.


Published: July 1, 2014 at 4:00AM


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Propelled by a Series of Blockbuster Deals, Mergers Hit a 7-Year High by MICHAEL J. DE LA MERCED



By MICHAEL J. DE LA MERCED


Nearly $1.77 trillion worth of deals was announced in the first six months of 2014, up nearly 73 percent from the same period last year and more than any year since 2007.


Published: June 30, 2014 at 4:00AM


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Argentina Faces a Deadline for Hedge Fund Payments by PETER EAVIS



By PETER EAVIS


A group of New York hedge funds have managed to back Argentina into a legal corner.


Published: June 30, 2014 at 4:00AM


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Renouncing Corporate Citizenship by ANDREW ROSS SORKIN



By ANDREW ROSS SORKIN


The Walgreen chief executive, who said he was “proud of our Illinois heritage,” is considering a merger that would move the company’s headquarters to Switzerland in a bid to decrease its tax bill.


Published: June 30, 2014 at 4:00AM


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S.E.C. Filings Reveal Dov Charney’s Battle for Control at American Apparel by ELIZABETH A. HARRIS



By ELIZABETH A. HARRIS


The company’s founder and former chief executive tried to call a shareholders’ meeting to increase the size of the board from six to 15 but failed, regulatory filings indicate.


Published: July 1, 2014 at 4:00AM


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Those Who Can Afford It Have a Better Way to Fly by JOE SHARKEY



By JOE SHARKEY


Travelers with means have alternatives to increasingly crowded commercial flights, from Gulfstreams to custom-outfitted Boeing and Airbus planes.


Published: July 1, 2014 at 4:00AM


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Feud Between Oligarchs Seen as Cause of Bank Run in Bulgaria by JACK EWING and GEORGI KANTCHEV



By JACK EWING and GEORGI KANTCHEV


A digital smear campaign prompted fearful depositors to withdraw almost $550 million from one of Bulgaria’s largest banks on Friday.


Published: July 1, 2014 at 4:00AM


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General Mills Is Serving Wheaties, the Breakfast of Champions, to Younger Consumers by STUART ELLIOTT



By STUART ELLIOTT


In a new promotional effort, the brand is trying to tap into three affinities of younger consumers — working out, technology and nontraditional sports.


Published: July 1, 2014 at 4:00AM


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After Bitcoin Auction, Winning Bidders Remain Elusive by SYDNEY EMBER



By SYDNEY EMBER


As the United States Marshals Service began notifying winning and losing participants late on Monday afternoon, many in the Bitcoin world were still trying to figure out who won and the what they paid.


Published: June 30, 2014 at 4:00AM


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Pinnacle Foods Cancels Deal With Hillshire by DEALBOOK



By DEALBOOK


The move, which allows Pinnacle to collect a $163 million breakup fee, clears the way for Hillshire to sell itself to Tyson Foods for $7.7 billion.


Published: June 30, 2014 at 4:00AM


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When Airlines Serve Alcohol, and the Beverage Cart Requires a Bouncer by MARTHA C. WHITE



By MARTHA C. WHITE


Alcoholic beverages can make passengers unruly, especially when mixed with medications. The conditions for trouble, and diverted flights, are particularly ripe on international flights.


Published: July 1, 2014 at 4:00AM


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BNP Paribas Plea Agreement by



By


The French bank agreed to plead guilty to criminal charges for transferring billions of dollars on behalf of Sudan and other countries blacklisted by the United States and pay an $8.9 billion penalty.


Published: June 30, 2014 at 4:00AM


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The A.P. Plans for Computers to Write Corporate Earnings News by RAVI SOMAIYA



By RAVI SOMAIYA


Articles based on companies’ quarterly reports are quite formulaic, and The Associated Press says that automating the process will free up its staff.


Published: July 1, 2014 at 4:00AM


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Cult Favorite ‘Community’ Is Saved From Cancellation by Yahoo by BILL CARTER



By BILL CARTER


The sitcom, which ran on NBC for five seasons, will return for at least 13 more episodes on Yahoo Screen.


Published: July 1, 2014 at 4:00AM


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After Loud Complaints From French, Silence as BNP Penalty Is Announced by LIZ ALDERMAN



By LIZ ALDERMAN


President François Hollande had appealed to President Obama for leniency for BNP Paribas, France’s largest bank. But the penalties announced on Monday ended up more lenient than proposed. The deal, a French official said, “seems workable.”


Published: June 30, 2014 at 4:00AM


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In Reversal, Germany Loosens Rules on Retirement Age by MELISSA EDDY



By MELISSA EDDY


The decision to allow some workers to retire early with full pension benefits has drawn rebukes from younger workers and from countries that Berlin had urged to adopt austerity measures.


Published: July 1, 2014 at 4:00AM


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