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Business NY Times

G.M. Shareholders Push Board to Change Voting Rules
The votes marked the first time that G.M. shareholders have voted to approve a resolution over the objections of the company's management.

Stocks Slide Farther After Monday's Sell-Off
Investors continued to react to the Fed chief's hints that more interest-rate hikes were in store.

For Law Firm, Serial Plaintiff Had Golden Touch
A long-running arrangement allegedly helped one law firm reap hundreds of millions of dollars in legal fees on securities lawsuits.

Airport Operator Accepts $19 Billion Spanish Bid
BAA, the operator of some of the world's busiest airports, said today that it had accepted a new takeover offer from the Spanish construction group Ferrovial.

Struggle Over Continental Stock Exchanges Takes Political Turn
President Jacques Chirac of France said that he preferred an all-European alliance of exchanges over a proposed acquisition of Euronext by the New York Stock Exchange.

Bernanke Talks Tough on Inflation
Ben S. Bernanke avoided repeating an earlier suggestion of a pause in the Fed's two-year program of interest-rate increases.

Biotech Food Tears Rifts in Europe
Though the E.U. said biotech food must be allowed in, five countries have imposed bans, and others use Europe's Council of Ministers to block the crops from entering.

M.S. Drug Can Return, With Limits
Regulators agreed to let the multiple sclerosis drug Tysabri return to the market, despite its risk of causing a fatal brain disease.


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