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Business NY Times

Fed Chief Cites Concerns About Inflation
Ben S. Bernanke conspicuously avoided any mention of a possible "pause" in the Fed's two-year program of interest-rate increases.

Japanese Fund Manager Admits Insider Trading
Yoshiaki Murakami was arrested after acknowledging at a televised news conference that he had engaged in insider trading.

Two Hong Kong Airlines Said to Be About to Merge
Cathay Pacific Airways is on the verge of taking full ownership of Dragonair, people close to the talks said today.

New Drugs for Cancer Could Soon Flood Market
Pharmaceutical companies have awakened to the scientific discoveries and business factors that have transformed an area they once considered more of a niche market.

Hearst's New Home: Xanadu in Manhattan
The Hearst Corporation, the privately held media empire, is making a splashy public statement with the new glass tower it has built atop its headquarters in Midtown Manhattan.

A Lad Mag and a Brand in Las Vegas
Maxim, the raucous men's magazine, will affix the Maxim name to a new hotel and casino on the Las Vegas Strip.

The Buzz of Magazineland Now Has a Name
Condé Nast's new glossy business magazine will be named Condé Nast Portfolio, with the subtitle Business Intelligence.

India Becoming a Crucial Cog in the Machine at I.B.M.
India provides I.B.M. with its fastest-growing market and a crucial base for delivering services to much of the world.


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