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Wednesday, April 23, 2014

New York Times Business

Recovery in Euro Zone Gathers Pace

10 hours 27 minutes ago
Business activity in the 18 nations that use the common currency expanded in April at its fastest rate in nearly three years, according to a private sector survey. by By DAVID JOLLY

Business Briefing: I.R.S. Gave Bonuses to Workers Owing Back Taxes

The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday. by By THE ASSOCIATED PRESS

Business Briefing: Mcdonald’s Profit Declines as U.S. Sales Weaken

McDonald’s said Tuesday that its profit slipped in the first quarter as global sales remained weak for the world’s biggest hamburger chain. by By THE ASSOCIATED PRESS

Business Briefing: Amgen Posts Lower-Than-Expected Earnings

Amgen, the world’s largest biotechnology company, reported a lower-than-expected first-quarter profit on Tuesday as sales of several important products fell short of Wall Street estimates. by By REUTERS

Business Briefing: Job Market for College Graduates Improves Slightly

With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening — a bit. by By THE ASSOCIATED PRESS

With Farm Robotics, the Cows Decide When It’s Milking Time

Farms in upstate New York and elsewhere are using automatic milkers that scan and map the underbellies of cows, extract the milk, and monitor its quality, without the use of human hands. by By JESSE McKINLEY

A Million New Wireless Subscriptions Lift AT&T Revenue, but Profit Is Flat

The telecommunications company’s first-quarter earnings were flat compared with the previous year, but its revenue grew 4 percent, to $32.5 billion. by By THE ASSOCIATED PRESS

Albany Judge Hears Case Against Airbnb

Little ground was given in an Albany court by New York regulators or by Airbnb, the apartment sharing service that is fighting a state subpoena. by By DAVID STREITFELD

Advertising: With a Mouthful, A&W Hopes to Draw Baby Boomers’ Offspring

The restaurant chain, which peaked in the 1960s and ’70s, hopes a campaign that includes a 304-character hashtag will attract the younger generation. by By ANDREW ADAM NEWMAN

G.M. Seeks to Fend Off Lawsuits Over Switch

The automaker is trying to put the issue behind it and save the time and money it would cost to fight each case individually. by By HILARY STOUT and BILL VLASIC

The Media Equation: At Stake in the Aereo Case Is How We Watch TV

The case has a little bit of everything, including the first big test of who owns and has rights to things stored in the cloud. by By DAVID CARR

Pilots at JetBlue Vote to Join a Union

Pilots at JetBlue, after rejecting unionization twice, agreed to be represented by the Air Line Pilots Association. by By JAD MOUAWAD

Gilead Revenue Soars on Hepatitis C Drug

Gilead Sciences reported $2.3 billion in sales of Sovaldi, a new hepatitis C drug that has raised an outcry over its $1,000-a-pill price. by By ANDREW POLLACK

Economic Scene: Forecasting the Scale of Health Spending’s Climb

The Affordable Care Act may well be on track to meeting its primary goal, but reining in health care spending still appears well beyond the grasp of Obamacare. by By EDUARDO PORTER

Hotel Brands Share Real Estate, Sometimes Uneasily

As developers squeeze into metropolitan areas, more hotel brands are sharing buildings and amenities while trying to maintain their individuality. by By JULIE CRESWELL

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