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NYT > Business Day

Corporate Tax Break on Equipment May Have Silver Lining
A tax break added billions to the federal government’s current deficit, but the government says it should recoup 80 percent of the shortfall in the future.



January Jobs Report Reflects Hope a Recovery Is Blooming
The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft.



Obama’s Magic Number May Be 150,000 Jobs Per Month
With 243,000 jobs created in January, the economy is starting to look more positive. That might be a plus for the president in the November election.



Jobless Rate Falls to 8.3%, Altering Face of Campaign
Two dueling realities — an improving economy that remains very weak — create serious political risks for top advisers to President Obama and Mitt Romney.



Zuckerberg’s Big Tax Bill May Benefit Facebook
Mark Zuckerberg plans to exercise stock options with an estimated value of $5 billion ahead of Facebook’s initial public offering, which will translate into a big tax benefit for the company.



DealBook: Carlyle Drops Arbitration Clause From I.P.O. Plans
The clause would have prohibited the company's shareholders from filing class-action lawsuits, forcing them into a confidential arbitration process instead.



DealBook: Goldman Gives Blankfein $7 Million Stock Award
With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus



Looking Forward, Fiji Turns to Its Canoeing Past
The traditional canoe is at the center of several projects aimed at reducing Fiji’s energy consumption, providing cheaper transport, keeping local traditions alive and giving a boost to tourism.



New York Sues 3 Banks Over MERS Mortgage Database
The state attorney general asserted that fraudulent use of the tracking system allowed Bank of America, Wells Fargo and JPMorgan Chase to avoid the need for recording mortgage transfers.



Caterpillar to Close Assembly Factory in Canada
The company planned to move locomotive production to other operations in North and South America after contract talks with unionized workers soured.



Steve Appleton, Micron Technology C.E.O., Dies in Plane Crash
Steve Appleton, whose death was considered a major loss for the struggling company, was piloting the small craft in Boise, Idaho.



Business Briefing | Legal and Regulatory News: William J. Baer Nominated to Lead Antitrust Division
William J. Baer, a lawyer at Arnold and Porter, was nominated by President Obama to head the Justice Department’s antitrust division.



Business Briefing | Legal News: S.E.C. Settles With Former Qwest Executive
The Securities and Exchange Commission has reached a settlement with the former chief financial officer of Qwest Communications International, Robert Woodruff, regarding a civil fraud suit.



Business Briefing | Company News: Tyson Foods’ Profit Falls but Beats Estimates
Tyson Foods said its profit fell to $156 million, or 42 cents a share, in its fiscal first quarter; that was down from $298 million, or 78 cents a share, a year earlier.



Gianpiero Moretti, Modernizer of Racecar Steering Wheels, Dies at 71
Mr. Moretti started his automotive accessories company Momo in 1966, and it expanded to make an array of racing products.



Common Sense: At 102%, His Tax Rate Takes the Cake - Common Sense
In submissions of tax burdens from readers, James Ross, founder and managing member of the investment firm Rossrock, was on a perch all his own.



Wealth Matters: Advantages and Risks of Gingrich’s S Corporation
Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services.



Your Money: Want Better Car Insurance Rates? You Have to Make the Call - Your Money
A retiree qualified for lower car insurance premiums, but found that out only after a chance piece of mail prodded him to call his insurer.



Off the Charts: A Long-Term Slide in Growth for Industrialized Economies
The major developed countries are all experiencing slowdowns in growth, a trend the International Monetary Fund’s new projections indicate will continue.



Economix Blog: Uwe E. Reinhardt: Health-Care Payers Push Back Against Costs
The opacity surrounding prices and the practice of charging different buyers different prices for identical goods or services contribute mightily to the cost of health care, but at the least the former may be on the way out, an economist writes.



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