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Friday, February 27, 2015

New York Times Business

What’s an Economist’s Nobel Medal Worth? $390,848

1 hour 6 minutes ago
The medal awarded to the economist Simon Kuznets in 1971 was sold to an unidentified bidder for $390,848, one of only a few such medals ever to have been sold. by By TARA SIEGEL BERNARD

Business Briefing: Index of Pending Home Sales Rose in January

1 hour 13 minutes ago
The data points to a rebound in the sales of existing homes in the coming months, particularly as the spring buying season gets underway. by By THE ASSOCIATED PRESS

Stanley Fischer Suggests Fed Will Give Less Guidance

1 hour 22 minutes ago
Stanley Fischer said it was time to bring more mystery to the relationship between the Fed and financial markets. by By BINYAMIN APPELBAUM

Blackstone’s Schwarzman Took Home $690 Million in 2014

3 hours 13 minutes ago
That amount, which largely consists of dividends, surpassed the roughly $450 million that Mr. Schwarzman got in 2013. by By WILLIAM ALDEN

Regulators Shut Down Puerto Rico Bank

3 hours 33 minutes ago
The F.D.I.C. expects to lose about $748.9 million from the collapse of Doral Financial, the most costly bank failure in nearly five years. by By MICHAEL CORKERY

Fiat Chrysler Recalls 467,000 S.U.V.s for Fuel Pump Problem

4 hours 47 minutes ago
The faulty part, which could prevent the vehicles from starting or result in stalling, is found in some 2012-13 Dodge Durangos and 2011 Jeep Grand Cherokees. by By DANIELLE IVORY

Robert Benmosche, Ex-MetLife Chief Who Rescued A.I.G., Dies at 70

5 hours 40 minutes ago
Mr. Benmosche came out of retirement in 2009 to turn around the company, the worst casualty of the global financial crisis, which the American taxpayers spent $182 billion to bail out. by By JONATHAN KANDELL

Robert Benmosche, Former A.I.G. Chief, Dies at 70

6 hours 22 minutes ago
Mr. Benmosche led the insurer’s turnaround after its $182 billion government bailout at the height of the 2008 financial crisis. by By THE ASSOCIATED PRESS

Bits Blog: Google Unveils Plan for New Corporate Campus

6 hours 29 minutes ago
Google unveiled a radical proposal for a new campus that would replace its current headquarters in Mountain View. by By CONOR DOUGHERTY

In Europe, Bond Yields and Interest Rates Go Through the Looking Glass

7 hours 6 minutes ago
Policy makers are taking drastic measures to revive the economy, resulting in financial transactions that seem upside-down. by By DANNY HAKIM and PETER EAVIS

At Aetna, a C.E.O.’s Management by Mantra

7 hours 50 minutes ago
Mark Bertolini, the chief executive of Aetna, is betting that bringing yoga, meditation and higher wages to his employees will be good business. by By DAVID GELLES

In China, Suspicions Cloud Trade Dispute Involving Tech Companies

9 hours 54 minutes ago
With both countries wary of the other’s digital espionage, American tech companies are caught in the middle. by By JANE PERLEZ and PAUL MOZUR

Your Money: Making Financial Decisions When You Lose Your Job

9 hours 56 minutes ago
About 1.7 million people lose their jobs every month, creating a hugely stressful situation and requiring potentially life-altering choices. by By TARA SIEGEL BERNARD

Wealth Matters: Divorce Funding Firms Help Spouses Expecting Big Payouts

10 hours 19 minutes ago
Divorce funding firms cater to the wealthy, offering money up front on different conditions — a payout of at least $400,000 being fundamental. by By PAUL SULLIVAN

A Simple Question About a Dress, and the World Weighs In

10 hours 32 minutes ago
White and gold, or blue and black? The debate over the colors of a dress set off a social-media conflagration that few were able to resist. by By JONATHAN MAHLER

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