A Clash Over the Airwaves

By EDWARD WYATT

The government wants TV broadcasters to give up some of their airwaves to allow for expanded use by cellphones and other mobile applications.

A Plan With a History

Minh Uong/The New York Times

Sales of many “green” household products have fallen sharply.

As Consumers Cut Spending, ‘Green’ Products Lose Allure

By STEPHANIE CLIFFORD and ANDREW MARTIN

As recession gripped the country, the consumer’s love affair with green products faded like a bad infatuation.

For a Few, Focus on Green Products Pays Off

DealBook

Mitsubishi Deal Aids Morgan Stanley's Recovery

By SUSANNE CRAIG

James P. Gorman, Morgan Stanley's chief executive, has removed one financial burden, but the firm still has plenty of work left on its turnaround.

DealBook

Raj Rajaratnam, center, the Galleon Group's co-founder, leaving federal court on Wednesday.

Galleon Chief's Lawyer Presses His Argument for Acquittal

By AZAM AHMED and PETER LATTMAN

John Dowd, a lawyer for Raj Rajaratnam, ended by saying that all the information on which his client traded was "available to the whole world." The prosecution's rebuttal will continue on Monday.

Inquiries Grow Over Apple’s Data Collection Practices

By MIGUEL HELFT and KEVIN J. O’BRIEN

Europe is beginning its own investigations, although the iPhone and iPad have been tracking location data all along.

A General Electric engine on Boeing's new 747-8 Intercontinental plane on display in February in Everett, Wash.

G.E. Posts Earnings That Exceed Forecasts and Raises Dividend

By CHRISTINE HAUSER

The chief executive, Jeffrey R. Immelt, said the results were an indication that G.E. had emerged from the recession a stronger company.

DealBook: GE Capital's Profit Surges in 1st Quarter

Southwest Airlines said that it expected its acquisition of AirTran to close on May 2.

Quake and Fuel Expense Cut Into Carriers’ Revenue

By JAD MOUAWAD

Analysts say that the airlines are still expected to make a profit this year because of an upturn in business travel.

DealBook

Blackstone Says Plain L.B.O.'s Are Too 'Pricey'

By MICHAEL J. DE LA MERCED

According to Blackstone's president, Hamilton E. James, the traditional leveraged buyout is just too expensive to pull off at the moment.

Despite Microsoft Partnership, Nokia Continues to Fade in Race With Rivals

By KEVIN J. O’BRIEN

The world’s leading cellphone maker said it intended to cut costs by nearly 20 percent over three years as it transitions to mobile software made by its new partner, Microsoft.

Insight & Analysis

High & Low Finance

Mr. Farkas took at least $20 million out of his company, in addition to millions in salary. He amassed a large collection of classic cars and paid for a private jet by taking out mortgages on nonexistent condominiums. He posed in front of one of his jets in 2005 in Ocala, Fla.

After Years of Red Flags, a Conviction

By FLOYD NORRIS

Lee B. Farkas, guilty in a $2.9 billion mortgage lending scandal, had this to say about his fraudulent operations: “It happens all the time.”

Advertising

Film on Branded Content Examines a Blurred Line

By STUART ELLIOTT

Morgan Spurlock examines the trend of branded content in his documentary, “The Greatest Story Ever Sold” and how that trend is changing popular culture.

DealBook

A Shopping List for Apple's Growing War Chest

By EVELYN M. RUSLI

With $65.8 billion in cash - more than any other technology company - Apple has the dry powder to go on a shopping spree. Here's a look at what it could buy.

Economix Blog

Behind the S.&P.; Warning on the Deficit

By SIMON JOHNSON

A ratings agency's warning about the nation's debt failed to note the greatest danger to the economy, the climb in health-care costs, an economist writes.