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Business NY Times

McClatchy Sells Philadelphia Newspapers
The $562 million sale to a group of local investors ends a chapter of uncertainty and turmoil at the papers.

Big Board's Bid for Euronext Advances
Euronext shareholders rebuffed a rival offer, strengthening the New York Stock Exchange's bid.

ABC Names Gibson Anchor of 'World News Tonight'
Charles Gibson replaces Elizabeth Vargas, who was named co-anchor with Bob Woodruff on Jan. 29.

Market Place: Bulls Retreat Worldwide as May Rally Turns to Rout
A three-year bull run in stocks has been losing strength as concerns mount about higher inflation and slower growth.

Gas Prices Legitimate, Study Says
A federal investigation concluded that higher prices over the last year were due to market forces, not unlawful price manipulation.

The Nanny State Places a Bet
As manufacturing jobs move abroad, a more relaxed Singapore is trying to stimulate tourism by building its first casinos.

State Department Yields on PC's From China
The department, responding to security fears, agreed to keep personal computers made by Lenovo of China off its networks that handle classified information.

Advertising: Google Moves to Sell Space for Video Spots on Network of Web Sites
Google is introducing a new service that will place video commercials on the many Web sites where it sells advertising.


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