Business Day

Friday, May 13, 2011 Last Update: 1:30 AM ET

As temporary leaders overhaul regulations, concerns are rising about their vulnerability to political pressure.

From left, Neal Wolin of the Treasury, Ben S. Bernanke, the Fed chairman, Sheila C. Bair, of the F.D.I.C., Mary L. Schapiro of the S.E.C., Gary Gensler of the Commodity Futures Trading Commission, and John Walsh, acting comptroller of the currency.
Jonathan Ernst/Reuters

From left, Neal Wolin of the Treasury, Ben S. Bernanke, the Fed chairman, Sheila C. Bair, of the F.D.I.C., Mary L. Schapiro of the S.E.C., Gary Gensler of the Commodity Futures Trading Commission, and John Walsh, acting comptroller of the currency.

Disaster Plan Problems Found at U.S. Nuclear Plants

A regulatory official said inspectors had found that some equipment installed after 9/11 to help American nuclear plants deal with emergencies was inoperable.

Japan Offers Help to Pay Plant Victims

The government’s plan would help the operator of the Fukushima Daiichi Nuclear Power Plant survive, but it would not cap payouts that could run into the billions.

DealBook

U.S. Attorney Sends a Message to Wall Street

With Raj Rarajatnam's conviction for insider trading, Preet Bharara has signaled that the United States attorney in Manhattan is back as the sheriff of Wall Street.

U.S. Inquiry of Google on Drug Ads

Google said in a filing that it had set aside $500 million to pay a possible settlement of the inquiry.

I.R.S. Moves to Tax Gifts to Groups Active in Politics

Big donors may now owe gift taxes on their contributions to nonprofit advocacy groups that are playing an increasing role in American politics.

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Piecing Together a Supply Chain

After Japan’s earthquake, General Motors identified 118 products that it needed to monitor for shortages; it has resolved issues with all but five.

Oil Executives, Defending Tax Breaks, Say They’d Cede Them if Everyone Did

Executives of five of the largest oil companies said the $2.1 billion they received annually in tax breaks were legitimate tax deductions.

Weinstein Co. Says It’s Back With Cannes Festival Event

After financial troubles and good reviews from “The King’s Speech,” the Weinstein Company is lining up new films.

New Ways to Exploit Raw Data May Bring Surge of Innovation, a Study Says

Data is a vital raw material of the information economy, but the business world is just beginning to learn how to process it all.

Insight & Analysis

High & Low Finance

Mighty Determined Sellers

The publisher of Penthouse magazine and the United States Treasury find themselves in similar stock-sale situations this week.

Advertising

Good/Corps Aims to Help Business Meet Social Goals

The new agency advises companies on philanthropic efforts variously known as cause marketing, social impact marketing and corporate social responsibility.

DealBook

Gloom and Doom, and How to Profit From It

Big investors gathered at the Bellagio Hotel in Las Vegas to hear how "the West is bankrupt and failing, and it's just a matter of when," as one panelist put it.

Economix Blog

Building Wealth Through Renting

A Fed economist's study offers a rebuttal to the conventional wisdom that owning a home is building equity for your future, while renting is money wasted.

DealBook

A Deeper Look at LinkedIn's Structure

Beyond its dual-class stock, LinkedIn has adopted other restrictive measures of corporate governance as the company prepares for its initial public offering.

Bucks Blog

How Lowering the Cap for U.S.-Backed Mortgages Will Affect Home Buyers

How lower limits on federally backed loans may affect a borrower's payments.

Economix Blog

Small Banks and Debit-Card Reform

The Independent Community Bankers of America needs to explain why it opposes a limit on debit-card fees that would seem to benefit its members, an economist writes.

Economix Blog

Insights on Stimulus From the Mafia

A study in Italy shows the effect on the local economy when public spending is frozen in response to public corruption.

You’re the Boss Blog

Why Austin, Tex., Is a Good Place for Small Businesses

Of course, it's important for the long-term success of any entity - city or small business - to not buy into its own public relations.

Bucks Blog

Consumers Want Fast, Friendly Service

A survey finds 39 of consumers have had a bad customer-service experience and most of them complained about it.

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