PRESS DIGEST – New York Times business news – Nov 14
Mon Nov 14, 2011 1:37am EST
Nov 14 (Reuters) – The New York Times reported thefollowing stories on its business pages on Monday. Reuters hasnot verified these stories and does not vouch for theiraccuracy.
* Facing a reaction from an angry public and heightenedscrutiny from regulators, banks are turning to all sorts of feesthat fly under the radar.
* Italy has replaced Greece as the focus of anxiety inEurope's debt crisis, but investors are also worried over theoutlook for France.
* A day after accepting the resignation of Prime MinisterSilvio Berlusconi, Italy's president asked Mario Monti, a formermember of the European Commission, to form a government.
* At Google X, a clandestine lab that many employees do notknow exists, engineers and robotics experts are tackling a listof 100 shoot-for-the-stars ideas that eventually might not seemso far-fetched.
* NBC is to announce on Monday morning that it has hiredChelsea Clinton to become a full-time special correspondent forNBC News.
* Statistics dictate that the vastly greater number oftransactions among computers in a world 100 times faster thantoday will lead to a greater number of unpredictable accidents.
* For nearly the entire weekend, the top level of the EdKoch Queensboro Bridge was closed in both directions toaccommodate crews filming "The Dark Knight Rises," the newestBatman movie.
* William Aramony, who built United Way of America into oneof the nation's premier charities but was forced out aspresident and went to prison for six years for misusing funds tosupport a lavish lifestyle and a teenage mistress, died onFriday.
* The government in Baghdad considers Exxon Mobil's deal illegal until long-awaited rules can be worked out to splitrevenues among Iraq's fractious regions.
* The airline Emirates placed a blockbuster orderfor 50 Boeing 777 jetliners at the Dubai Air Show on Sunday,underscoring the confidence brimming among fast-growing PersianGulf airlines despite growing fears of stalling global growth.
* The Hyundai Motor Co will take out fivetelevision spots before and during the Feb. 5 Super Bowl game inan effort to help bolster its rising brand recognition andcontinue big sales gains from the past few years.
PRESS DIGEST – New York Times business news – Nov 14
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