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New York Times



US Swoops In to Free 2 From Pirates in Somali Raid - New York Times
“Then they started launching missiles,” said the pirate, who spoke by telephone and asked not to be identified. Pirates operate with total impunity in many parts of lawless Somalia, which has languished without a functioning government for more than 20 ...
January 26, 2012


Human Costs Are Built Into an iPad - New York Times
“We've known about labor abuses in some factories for four years, and they're still going on,” said one former Apple executive who, like others, spoke on the condition of anonymity because of confidentiality agreements. “Why? Because the system works ...
January 26, 2012


As IPO Looms, Facebook Halts Clearing of Trades - New York Times
On Wednesday, Facebook's law firm, Fenwick & West, halted the clearance of trades for Facebook shares on the secondary market, according to people with knowledge of the matter, who spoke on the condition of anonymity because the transactions were ...
January 25, 2012


Andreessen Seeks $1.5 Billion in Funding - New York Times
... who was a co-founder of Netscape, is in the process of raising $1.5 billion from investors for his namesake firm, with $900 million earmarked for a main fund and $600 million for a parallel fund, according to two people briefed on the matter.
January 25, 2012


In Bahrain, Worries Grow of Violent Shiite-Sunni Confrontation - New York Times
But now, according to a British security official speaking on condition of anonymity, “We see an increase of attacks against policemen and a change in the language on the Internet from Shia and Sunni young people.” Bahrain has become the turf for a ...
January 25, 2012


Hedge Funds Scramble to Unload Greek Debt - New York Times
“There was a lot of volume going in, but not a lot going out,” said one broker, speaking on condition of anonymity. The broker said prices for March 2012 bonds had slipped to around 35 cents on the dollar from a range of 40 cents to 45 cents.
January 25, 2012


Roche Offers to Buy Illumina for $5.7 Billion - New York Times
Roche had sought to begin negotiations about six to eight weeks ago, according to a person briefed on the matter. Roche said that it plans to nominate director candidates and other corporate governance proposals that could give it control of Illumina's ...
January 25, 2012


Morning Take-Out - New York Times
It had failed to fetch offers for the entire collection, people briefed on the matter told DealBook. DealBook » Pan American to Acquire Minefinders for $1.5 Billion | The Pan American Silver Corporation agreed on Monday to acquire the Minefinders ...
January 24, 2012


A Piece of the Manhattan Dream, Only $331.76 a Month - New York Times
“I've had people actually get angry with me,” said one of Mr. Warwick's neighbors, who declined to be identified by name and risk being chastised by strangers. She took over a rent-controlled lease from her parents, and she would not specify what she ...
January 24, 2012


Antitrust Chief Is Said to Be Leaving - New York Times
... has informed the attorney general, Eric H. Holder Jr., that she would be leaving by the end of April, said two people with direct knowledge of the matter who requested anonymity because they were not authorized to discuss it publicly.
January 23, 2012


InterDigital Said to Call Off Patent Sale - New York Times
By MICHAEL J. DE LA MERCED InterDigital plans to announce Monday that it has called off a sales process for its patent portfolio, months after the wireless technology company put its holdings up for auction, people briefed on the matter told DealBook.
January 23, 2012


Stem Cell Study May Show Advance - New York Times
The other, who asked that her name not be used to protect her privacy, was a 51-year-old graphic designer in Los Angeles with Stargardt's macular dystrophy, which tends to occur in younger people. There are no approved drugs for either disease.
January 23, 2012


Morgan Stanley Said to Be Near Sale of British Wealth Manager - New York Times
Quilter, which caters to clients in the so-called mass-affluent market who are willing to invest up to $250000, does not fit with this strategy, said a person briefed on the matter. The deal is likely to be completed this week, and it would be the ...
January 23, 2012


Morning Take-Out - New York Times
... is planning this week to buy a 26.5 percent stake in Archstone for $1.33 billion in cash, a move that would block an investment by Sam Zell's Equity Residential, The Wall Street Journal reports, citing unidentified people familiar with the matter.
January 23, 2012


In Britain, Rising Outcry Over Executive Pay That Makes 'People's Blood Boil' - New York Times
... proposals for a fairer compensation system, including giving shareholders veto power over pay packages and making them more transparent, said a senior government official who declined to be identified because the proposals were not yet public. ...
January 23, 2012


A Beloved Set of Strings Goes to a Good Home - New York Times
The purchaser was a “patroness of the arts from Montreal,” who declined to be identified further, Mr. Reuning said. He said she has decided to lend the cello, known as Countess of Stainlein, ex-Paganini of 1707, to Stéphane Tétreault, an 18-year-old ...
January 22, 2012


Foreign Commander Killed in Drone Strike in Somalia - New York Times
The American and a Somali with him were beaten, and the American was taken away, The Associated Press reported, citing a Galmudug minister who asked not to be identified. One witness, Farah Ali, said, the gunmen “headed toward Xiingod, a village east ...
January 22, 2012


Hazard Insurance With Its Own Perils - New York Times
Some borrowers have been charged much more — up to 10 times the prevailing rate — according to people knowledgeable about these practices who spoke on condition of anonymity to maintain business relationships. Mind you, force-placed policies do not ...
January 21, 2012


Rick Perry Is Back Home, With Fences to Mend - New York Times
“There have been a lot of hard feelings, not just that the campaign didn't go well, but how it didn't go well,” said one Perry adviser who was not authorized to speak on the record. “Perry has taken some steps to acknowledge how bad things were. ...
January 21, 2012


Bad Year for Wall St. Not Reflected in Chiefs' Pay - New York Times
His total pay is expected to be roughly the same this year, according to a person close to company but not authorized to speak on the record. Jin Lee/Bloomberg NewsJames P. Gorman, chief of Morgan Stanley. Morgan Stanley's shares dropped 44 percent in ...
January 21, 2012


US on Track to Meet Goal of Higher Exports - New York Times
“There's a view that there's more potential” for American exports to China, a senior administration official said. “If there were a stronger and better market opening, a better playing field and more protection of intellectual property and trade ...
January 20, 2012


A380 Jets May Get Closer Inspections - New York Times
The problems are viewed by the European Aviation Safety Agency as significant enough to merit closer inspection of a large number of the 68 A380s currently in service with 15 airlines, said the industry officials, who requested anonymity because the ...
January 19, 2012


China Sentences Another Prominent Activist to Jail - New York Times
A relative of Mr. Li who refused to be named for fear of retribution said that only two family members were allowed in the courtroom on Wednesday for the reading of the sentence, and they were not allowed to see papers related to the verdict. ...
January 19, 2012


FBI Makes Insider Trading Arrests - New York Times
Three people in New York and Boston were arrested, and the Federal Bureau of Investigation plans to soon arrest another person in the case, said a person briefed on the matter. Anthony R. Chiasson, co-founder of the Level Global hedge fund, ...
January 18, 2012


Jerry Yang, 'Chief Yahoo,' Steps Down From Board - New York Times
Two other people close to board, who requested anonymity in order to maintain business relationships, said that the board was discussing the addition of new directors and several current board members are expected to depart. Yahoo refused to comment. ...
January 18, 2012


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