Saturday, April 30, 2016

Hackers’ $81 Million Sneak Attack on World Banking by MICHAEL CORKERY


By MICHAEL CORKERY

Thieves used the Swift network to steal $81 million from Bangladesh’s central bank in February, raising concerns about vulnerabilities within the system.

Published: May 1, 2016 at 12:00AM

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One Top Taxpayer Moved, and New Jersey Shuddered by ROBERT FRANK


By ROBERT FRANK

The hedge fund manager David Tepper’s relocation to Florida is a case study in how tax collection changes when income becomes concentrated in the hands of a few.

Published: May 1, 2016 at 12:00AM

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Selling Bottled Water That’s Better for the Planet by GLORIA DAWSON


By GLORIA DAWSON

Companies like Just Water are addressing customers’ demand for convenience while working to make their bottles more environmentally friendly.

Published: May 1, 2016 at 12:00AM

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Remo Belli, Developer of the Synthetic Drumhead, Dies at 88 by SAM ROBERTS


By SAM ROBERTS

Mr. Belli’s Weather King, so named because it was impervious to humid conditions, largely replaced animal hides and helped feed rock ’n’ roll fever.

Published: May 1, 2016 at 12:00AM

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Hauling a Load of Breakdowns and Broken Hearts


By DAVID SEGAL from NYT Your Money http://ift.tt/24rvGi4

A Crusader in the Coal Mine, Taking On President Obama by JAD MOUAWAD


By JAD MOUAWAD

The energy tycoon Robert Murray has fought the president all the way to the Supreme Court with a message: To keep America strong, keep mining coal.

Published: May 1, 2016 at 12:00AM

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Friday, April 29, 2016

Philip Kives, K-tel Pitchman Who Perfected ‘As Seen on TV’ Infomercials, Dies at 87 by MARGALIT FOX


By MARGALIT FOX

Mr. Kives’s company saturated North American airwaves for decades with ads for gadgets including the Veg-O-Matic and compilation albums like “Hit Machine.”

Published: April 30, 2016 at 12:00AM

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Big Severance for Marissa Mayer if Ousted From Yahoo After a Sale by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

The $55 million severance package for Ms. Mayer, Yahoo’s chief executive, was disclosed in an S.E.C. filing.

Published: April 30, 2016 at 12:00AM

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Valeant Pharmaceuticals Files Overdue U.S. 2015 Financial Report by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

The Canadian drug maker is dealing with three federal inquiries into its accounting and business practices, and a huge plunge in its stock price.

Published: April 30, 2016 at 12:00AM

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Nissan Recalls 3.5 Million Vehicles for Airbag Problems by CHRISTOPHER JENSEN


By CHRISTOPHER JENSEN

The recall ends a two-year effort by regulators to get Nissan to fix problems in the sensing system of the airbags.

Published: April 30, 2016 at 12:00AM

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Dole Knew About Listeria Problem at Salad Plant, F.D.A. Report Says by STEPHANIE STROM


By STEPHANIE STROM

Four people died and 33 became ill in a listeria outbreak.

Published: April 30, 2016 at 12:00AM

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A Campaign for Change at a Boutique Wall Street Firm by WILLIAM D. COHAN


By WILLIAM D. COHAN

J. Daniel Plants, the founder of Voce Capital Management, is fighting to restore FBR & Company to its highly profitable roots.

Published: April 30, 2016 at 12:00AM

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Everyone Wants to Get Tough on Antitrust Policy, but Not Really by CHRIS SAGERS


By CHRIS SAGERS

Markets are now so concentrated and ripe for abuse, and the political will for enforcement so lacking, that our antitrust laws seem increasingly hopeless.

Published: April 30, 2016 at 12:00AM

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Exxon Mobil May Have Hit Its Low Point by KEVIN ALLISON


By KEVIN ALLISON

Recovery in the oil industry will be slow and patchy, but the worst is probably past.

Published: April 30, 2016 at 12:00AM

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Judges Left Out of Deferred Prosecution Agreements by DAVID ZARING


By DAVID ZARING

Two district court judges have tried to supervise deferred prosecution agreements, only to be blocked by appellate courts.

Published: April 30, 2016 at 12:00AM

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Exxon and Chevron Earnings Hurt by Low Oil Prices by CLIFFORD KRAUSS


By CLIFFORD KRAUSS

Exxon Mobil on Friday posted its smallest profit for any quarter since 1999, while Chevron reported a large first-quarter loss of $725 million.

Published: April 30, 2016 at 12:00AM

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What’s in a Name? Just Ask Frank Zappa’s Feuding Heirs by BEN SISARIO


By BEN SISARIO

Frank’s son Dweezil was told by the family trust, controlled by two of his siblings, that his show Zappa Plays Zappa risked huge copyright infringement fines.

Published: April 30, 2016 at 12:00AM

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Medivation Rejects Takeover Bid From Sanofi by LESLIE PICKER


By LESLIE PICKER

Pressured by a proposal made directly to Medivation’s shareholders, the company said the $9.3 billion offer “substantially undervalues Medivation.”

Published: April 30, 2016 at 12:00AM

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Valeant’s New Chief Cuts a Familiar Figure by GRETCHEN MORGENSON


By GRETCHEN MORGENSON

Those expecting a clean sweep from Joseph C. Papa, Valeant’s new C.E.O., may be disappointed: His last company, Perrigo, pursued some Valeant-esque strategies.

Published: May 1, 2016 at 12:00AM

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Wall St. Drops in Early Trading by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

Several companies turned in disappointing quarterly results, but Amazon bucked the trend and its stock rose.

Published: April 30, 2016 at 12:00AM

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Sallie Mae Now Offers Education Loans to Parents


By ANN CARRNS from NYT Your Money http://ift.tt/1SOZv74

Economic Gravity in the Oil Industry: What Goes Up Comes Down


By PAUL SULLIVAN from NYT Your Money http://ift.tt/1rEMgxa

Rovi Buys TiVo in $1.1 Billion Deal by LESLIE PICKER


By LESLIE PICKER

In acquiring TiVo, Rovi will get access to analytics about viewing habits and add 10 million households to its own 18 million.

Published: April 30, 2016 at 12:00AM

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The Pros and Cons of Using a Robot as an Investment Adviser


By TARA SIEGEL BERNARD from NYT Your Money http://ift.tt/1rnbT56

A Private Equity Alum’s Guide to Better Payday Lenders


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British Airways Parent Trims Growth Plans After Brussels Attacks by REUTERS


By REUTERS

The International Airlines Group, whose portfolio also includes Iberia, Vueling and Aer Lingus, maintained its forecast for 2016 profit, however.

Published: April 30, 2016 at 12:00AM

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Vivian Lee: Trust in Your Own Leadership Style by ADAM BRYANT


By ADAM BRYANT

Ms. Lee, the chief executive of University of Utah Health Care, says she has learned to ignore critics of her consultative decision-making process.

Published: May 1, 2016 at 12:00AM

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Europe Hangs On in Modest Recovery by PETER S. GOODMAN


By PETER S. GOODMAN

The eurozone economy has finally edged back above its pre-crisis level, achieved in 2008, but grave doubts persist about its future prospects.

Published: April 30, 2016 at 12:00AM

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