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Business NY Times

G.O.P. Fails in Attempt to Repeal Estate Tax
A 57-to-41 vote fell short of advancing the bill that shrinks taxes on inherited wealth. Roll Call

U.S. Trade Deficit Widened in April
Stocks fell on Wall Street today despite strong rebounds in most Asian and European markets.

Decision Time in Detroit
For G.M. and Ford, buyouts provide a way to reorganize in a more efficient way than if they stuck to the letter of their union contracts.

Questions Raised on Another Chief's Stock Options
Accusations of corporate stock option abuse were leveled against Cyberonics, a medical device maker that is no stranger to controversy.

News Corp. Trims TV Stake in Hong Kong
China Mobile said Thursday that it had acquired a 19.9 percent stake in Phoenix Satellite Television of Hong Kong from the News Corporation.

Deal Stirrings Help to Lift Tribune Stock
The Tribune Company says it is sticking to a stock buyback plan, but investors Thursday reacted as if the company might be in play.

European Bank Raises Rate but Doesn't Signal Future Moves
The European Central Bank raised its benchmark interest rate Thursday by a quarter-point, to 2.75 percent.

A Familiar American Name Lobbies on European Steel
Former United States attorney general John Ashcroft characterized the fight for Arcelor as an issue that is important to everyone.


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