Boeing Closer to Answer on 787s, but Not to Getting Them Back in Air

Issei Kato/ReutersSafety inspectors looked over a 787 on Friday in Japan. The plane made an emergency landing after receiving a smoke alarm. With 787 Dreamliners grounded around the world, Boeing is scrambling to devise a technical fix that would allow the planes to fly again soon, even as investigators in the United States and Japan are trying to figure out what caused the plane’s lithium-ion batteries...

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Business Briefing | Medicine: F.D.A. Clears Botox to Help Bladder Control

Botox, the wrinkle treatment made by Allergan, has been approved to treat adults with overactive bladders who cannot tolerate or were not helped by other drugs, the Food and Drug Administration said on Friday. Botox injected into the bladder muscle causes the bladder to relax, increasing its storage capacity. “Clinical studies have demonstrated Botox’s ability to significantly reduce the frequency...

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Business Briefing | Medicine: F.D.A. Clears Botox to Help Bladder Control

Botox, the wrinkle treatment made by Allergan, has been approved to treat adults with overactive bladders who cannot tolerate or were not helped by other drugs, the Food and Drug Administration said on Friday. Botox injected into the bladder muscle causes the bladder to relax, increasing its storage capacity. “Clinical studies have demonstrated Botox’s ability to significantly reduce the frequency...

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Boeing Closer to Answer on 787s, but Not to Getting Them Back in Air

Issei Kato/ReutersSafety inspectors looked over a 787 on Friday in Japan. The plane made an emergency landing after receiving a smoke alarm. With 787 Dreamliners grounded around the world, Boeing is scrambling to devise a technical fix that would allow the planes to fly again soon, even as investigators in the United States and Japan are trying to figure out what caused the plane’s lithium-ion batteries...

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Fed Transcripts Open a Window on 2007 Crisis

WASHINGTON — Federal Reserve officials in August 2007 remained skeptical that housing foreclosures could cause a financial crisis, just days before the Fed was jolted into action, according to transcripts that the central bank published Friday. Worries about the health of financial markets dominated a meeting of the Fed’s policy-making committee on Aug. 7, but officials decided there...

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The Neediest Cases: Medical Bills Crush Brooklyn Man’s Hope of Retiring

Andrea Mohin/The New York TimesJohn Concepcion and his wife, Maria, in their home in Sheepshead Bay, Brooklyn. They are awaiting even more medical bills. Retirement was just about a year away, or so John Concepcion thought, when a sudden health crisis put his plans in doubt. For the past 100 years, The New York Times Neediest Cases Fund has provided direct assistance to children, families...

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The Neediest Cases: Medical Bills Crush Brooklyn Man’s Hope of Retiring

Andrea Mohin/The New York TimesJohn Concepcion and his wife, Maria, in their home in Sheepshead Bay, Brooklyn. They are awaiting even more medical bills. Retirement was just about a year away, or so John Concepcion thought, when a sudden health crisis put his plans in doubt. For the past 100 years, The New York Times Neediest Cases Fund has provided direct assistance to children, families...

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DealBook: Michael Dell’s Empire in a Buyout Spotlight

The computer empire of Michael S. Dell spreads across a campus of low-slung buildings in Round Rock, Tex.But his financial empire — estimated at $16 billion — occupies the 21st floor of a dark glass skyscraper on Fifth Avenue in Manhattan.It is there that MSD Capital, started by Mr. Dell 15 years ago to manage his fortune, has quietly built a reputation as one of the smartest investors on Wall Street....

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As Rescue Operation Continues in Algeria, Fate of Hostages Remains Unclear

British Petroleum, via European Pressphoto AgencyThe remote In Amenas natural gas field in Algeria, the site of a terrorist attack and the taking of hostages on Wednesday. BAMAKO, Mali — Dozens of hostages may still be held by militants at a remote gas field facility in the Algerian desert on Friday, according to Algeria’s state-run news agency, a day after the nation’s military launched an intense...

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DealBook: Facing Legal Costs, Citigroup Disappoints in 4th Quarter

Citigroup, which has been working to cut costs and unload troubled assets, continues to struggle under the weight of its mortgage woes.The bank reported fourth-quarter profit of $1.2 billion, or 38 cents a share, significantly below analysts’ estimates. Excluding one-time items, earnings amounted to 69 cents a share.Ahead of the bank’s quarterly earnings, analysts estimated earnings at 96 cents a...

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The New Old Age Blog: Officials Say Checks Won't Be in the Mail

The jig is up.Two years ago, the Treasury Department initiated its Go Direct campaign to persuade people still receiving paper checks for their Social Security, Veterans Affairs, S.S.I. and other federal benefits to switch to direct deposit.“At that point, we were issuing approximately 11 million checks each month,” or about 15 percent of the total, Walt Henderson, director of the campaign, told me.After...

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The New Old Age Blog: Officials Say Checks Won't Be in the Mail

The jig is up.Two years ago, the Treasury Department initiated its Go Direct campaign to persuade people still receiving paper checks for their Social Security, Veterans Affairs, S.S.I. and other federal benefits to switch to direct deposit.“At that point, we were issuing approximately 11 million checks each month,” or about 15 percent of the total, Walt Henderson, director of the campaign, told me.After...

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DealBook: H.P. Said to Have Suitors for Two Units

Hewlett-Packard has received a number of inquiries from would-be buyers for its Autonomy and Electronic Data Systems units in recent weeks, though the technology company is not interested in selling at the moment, a person briefed on the matter said on Wednesday.The calls from potential suitors and bankers picked up after H.P. filed its annual report with regulators on Dec. 28, said the person, who...

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Standoff After Militants Seize Americans and Other Hostages in Algeria

BAMAKO, Mali — The Algerian military launched an operation on Thursday against armed Islamist extremists holding dozens of hostages including Americans and other foreigners at a remote gas field on Thursday, and a top Algerian official said at least four hostages were freed. There were unconfirmed reports of multiple casualties. Kjetil Alsvik/Statoil, via Agence France-Presse — Getty...

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DealBook: Goldman Sachs Earnings Soar

9:46 a.m. | Updated Goldman Sachs on Wednesday reported a fourth-quarter profit of $2.89 billion, or $5.60 a share, a significant jump from the period a year earlier.The per-share figure is after the company paid preferred dividends, and comes in well ahead of analysts’ expectations of $3.78 a share, according to Thomson Reuters. Analysts had been anticipating a fairly decent quarter for Goldman,...

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Phys Ed: Exercise Can Boost Flu Shot's Potency

Phys EdGretchen Reynolds on the science of fitness.As this year’s influenza season continues to take its toll, those procrastinators now hurrying to get a flu shot might wish to know that exercise may amplify the flu vaccine’s effect. And for maximal potency, the exercise should be undertaken at the right time and involve the right dosage of sweat, according to several recent reports.Flu shots are...

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Phys Ed: Exercise Can Boost Flu Shot's Potency

Phys EdGretchen Reynolds on the science of fitness.As this year’s influenza season continues to take its toll, those procrastinators now hurrying to get a flu shot might wish to know that exercise may amplify the flu vaccine’s effect. And for maximal potency, the exercise should be undertaken at the right time and involve the right dosage of sweat, according to several recent reports.Flu shots are...

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News Analysis: Momentum Seems to Build for Gargantuan Buyout of Dell

Dell is advancing toward a goal many thought was all but unattainable since the financial crisis: a leveraged buyout worth more than $20 billion.The company is in talks with investment firms and its founder, Michael S. Dell, over a deal that would take the technology company off the public markets, people briefed on the matter said on Tuesday.One potential transaction that appears to be gaining steam...

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Berlusconi Stirs Up Elections in Italy

ROME — The dark, double-breasted suits have long been a mainstay, but now former Prime Minister Silvio Berlusconi has taken to wearing the occasional fedora. It lends him a rakish, retro air as he embarks on what many Italians, foreign investors and no doubt Chancellor Angela Merkel of Germany hoped would never happen: another election campaign. In recent weeks, Mr. Berlusconi, a center-right...

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