Business

S.E.C. Issues Mea Culpa on Madoff

The S.E.C. said it had missed repeated opportunities to discover what may be history’s largest financial fraud.

• DealBook: S.I.P.C. Chief Calls Madoff’s Records ‘Utterly Unreliable’

European Banks Tally Losses Linked to Fraud

The size of the Bernard L. Madoff’s scheme calls into question why big banks in Spain, Britain and especially Switzerland failed to spot the risks of putting billions into Mr. Madoff’s hands.

• DealBook: The Madoff Scandal

OPEC Plans Further Output Cut

The cartel will slash its oil production by a further 2 million barrels a day, the Saudi oil minister said.

• Big Oil Projects Put in Jeopardy by Fall in Prices
• OPEC Aims to Halt Falling Prices

Geography Has a Role in Medicare Cancer Coverage

A treatment for prostate cancer highlights the disparities in Medicare reimbursements in different states.

• Previous Articles in the Series »

Hertz Tosses Some Car Keys Into the Ring, Battling Zipcar

A new model for rental-car companies in an economic environment that has hurt businesss.

Retail Prices Fall at Record Rate

Consumer prices fell 1.7 percent in November from the month before, led downward by tumbling energy prices.

• Times Topics: Deflation

Yale’s Endowment Drops 13.4%

Richard C. Levin, Yale’s president, said in a letter to the university’s faculty that Yale could be facing a $100 million shortfall in the 2009 school year.

British Bank Rescue Plan Is Under Fire

The British prime minister’s initial success has faded and the credit markets still need fixing.

A List a Landlord Doesn’t Want to Be On

A report finds $107 billion worth of income-producing properties nationwide are already or potentially in financial trouble.

• A Shopping Nexus Outside Washington Plots a Future as an Urban Center

Churches Welcome Quirky Approaches to Spread Their Message

Some churches are hoping that nontraditional advertising approaches may attract greater numbers of young people.

Fewer Papers Will Hit the Porch in Detroit

The Detroit Free Press and The Detroit News will stop home delivery four days of the week, becoming the first major metropolitan dailies to take such a step.

Goldman Sachs Reports $2.1 Billion Quarterly Loss

The first losing quarter since Goldman went public in 1999 showed that even some of Wall Street’s most skilled operators have been hurt by the global turmoil.

Disney Plans a Channel for Russian TV

The Russian market is one that Western entertainment companies have been trying to crack for a decade with little success.

Apple’s Chief to Skip Macworld, Fueling Speculation

Apple said Steven P. Jobs would not appear at Macworld in January and that it would pull out of the conference after January’s event.

News Corp.’s Stock Listing Shifts to a Higher Bidder

The News Corporation announced that it would move its stock listing from the New York Stock Exchange to the Nasdaq stock market, effective on Dec. 29.

Allies See Germany Trying Bailout With a Thimble

The country’s neighbors and many of its politicians are criticizing the government for spending plans that seem tight-fisted compared to what European countries or the U.S. are preparing.

INTERACTIVE FEATURE: 10 Weeks of Financial Turmoil

A look at recent events that have shaken the world’s financial system.

INTERACTIVE FEATURE: On the Trading Floor

Vikas Bajaj, who covers finance for The Times, offers an interactive tour of the New York Stock Exchange.

VIDEO: Echoes of a Dismal Past

How does this financial crisis compare to the Great Depression?

INTERACTIVE GRAPHIC: Can a President Tame the Business Cycle?

Can voters reasonably expect economic indicators to change after a new president takes office in January?

INTERACTIVE FEATURE: The Debt Trap

A series about the surge in consumer debt and the lenders who made it possible.

• Related Article: Banks Mine Data and Woo Troubled Borrowers