Jan
19

Analysis: Amid Tears Lance Armstrong Leaves Unanswered Questions in Oprah Winfrey Interview

In an extensive interview with Oprah Winfrey that was shown over two nights, Lance Armstrong admitted publicly for the first time that he doped throughout his cycling career. He revealed that all seven of his Tour de France victories were fueled by doping, that he never felt bad about cheating, and that he had covered up a positive drug test at the 1999 Tour with a backdated doctor’s prescription...
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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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With Graph Search, Facebook Bets on More Sharing

SAN FRANCISCO — Facebook’s greatest triumph has been to persuade a seventh of the world’s population to share their personal lives online. Now the social network is taking on its archrival, Google, with a search tool to mine that personal information, just as people are growing more cautious about sharing on the Internet and even occasionally removing what they have already put up. ...
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India Ink: Newswallah: Bharat Edition

Jammu and Kashmir: Due to heavy snowfall in the Kashmir region, state authorities on Friday dispatched police teams to evacuate residents of the avalanche-prone Waltengu Nad area in south Kashmir’s Kulgam district, according to a PTI report on the IBN Live web site. This area was badly affected by avalanches in 2005 that killed dozens and displaced hundreds.Assam: The state was awarded the “Krishi...
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Jan
18

DealBook: Morgan Stanley's $481 Million 4th-Quarter Profit Beats Estimates

8:00 a.m. | Updated Morgan Stanley reported adjusted earnings for the fourth quarter on Friday that beat analyst estimates, driven by gains in wealth management and stock trading.Including charges, the firm had a fourth-quarter profit of $481 million, or 25 cents a share. That compares with a per-share loss of 15 cents in the year-ago period. The results seem to please investors. Morgan Stanley shares...
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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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Sergei Filin, Bolshoi Ballet Director, Is Victim of Acid Attack

MOSCOW – A masked man threw acid in the face of Sergei Filin, the artistic director of the legendary Bolshoi Ballet, on Thursday night, leaving him with third-degree burns and possibly threatening his eyesight, Bolshoi officials said on Friday morning. The attack followed a series of anonymous threats to Mr. Filin, 42, a dancer who rose through the ranks of the world’s largest ballet company...
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Jan
17

DealBook: After Mortgage Settlements, Bank of America's Profit Drops 63%

7:42 a.m. | Updated Bank of America continues to cope with the self-inflicted wounds it suffered during the financial crisis.On Thursday, the bank reported a widely expected 63 percent drop in fourth-quarter profit after making huge payments to settle legal claims over its mortgage business. The bank’s earnings, a slim $732 million, amounted to 3 cents a share. That figure narrowly beat estimates...
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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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State of the Art: Imagining Ho-Hum C.E.S. as an Action Movie - State of the Art

Hi boss! I’m back from the Consumer Electronics Show in Las Vegas. You assigned me to report on what’s new and exciting, but I have some bad news. The answer is: almost nothing. I mean, think about it: Apple, Google, Microsoft and Facebook don’t even attend C.E.S.; they’d rather make their product announcements on their own schedules without being locked into this every-January thing. It’s...
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Letter from Europe: In Russia, Culture as an Axis of Propaganda

PARIS — It was June 1935 and Romain Rolland, a noted French author, had just had a long interview in Moscow with Stalin. The next day, Aleksandr Arossev, a Soviet official who had acted as Mr. Rolland’s guide and translator, dashed off an obsequious note to his all-powerful boss, telling him what a hit he had been. “Romain Rolland, to be honest, was personally charmed by you,” Mr. Arossev...
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Jan
16

DealBook: JPMorgan’s 4th-Quarter Profit Jumps 53% to $5.7 Billion

JPMorgan Chase touted a strong quarter of earnings, although the bank cut the chief executive’s pay in light of a multi-billion dollar trading loss last year.The bank reported a record profit of $5.7 billion for the fourth quarter, up 53 percent from the previous year. Revenues, too, were strong, rising 10 percent to $23.7 billion for the period“The firm’s results reflected strong underlying performance...
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The New Old Age Blog: In Flu Season,Use a Mask. But Which One?

Do face masks help prevent people from getting the flu? And if so, how much protection do they give?You might think the answer to this question would be well established. It’s not.In fact, there is considerable uncertainty over how well face masks guard against influenza when people use them outside of hospitals and other health care settings. This has been a topic of discussion and debate in infectious...
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The New Old Age Blog: In Flu Season,Use a Mask. But Which One?

Do face masks help prevent people from getting the flu? And if so, how much protection do they give?You might think the answer to this question would be well established. It’s not.In fact, there is considerable uncertainty over how well face masks guard against influenza when people use them outside of hospitals and other health care settings. This has been a topic of discussion and debate in infectious...
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Gadgetwise Blog: Tip of the Week: Monitor Your Memory

If your computer seems to be running slowly and acting as if it does not have enough memory installed, you can use software that comes with the operating system to see what is going on under the hood.On a Windows system, open the Task Manager program by right-clicking on the Windows task bar and choosing Start Task Manager. (You can also use the keyboard shortcuts of Control-Alt-Delete or Control-Shift-Escape...
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India Ink: India's Police Force Lags Much of World

A recent spate of violent crimes against women in northern India has led to increased scrutiny of the Indian police force. In Delhi, after the gang rape and subsequent death of a young woman, residents called for the resignation of the city’s chief of police and the retraining of the overwhelmingly male police force.But perhaps the question that should be asked about India’s police officers is whether...
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Jan
15

DealBook: Alibaba's Founder to Give Up C.E.O. Title, but Will Remain Chairman

After 14 years of building up the Alibaba Group into one of the biggest Internet companies in the world, Jack Ma is taking a step back from the chief executive role of the Chinese e-commerce giant.But Mr. Ma isn’t leaving entirely; he will hold on to the role of executive chairman, he told DealBook in an interview on Monday. He plans to name his successor when his title change becomes effective on...
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The New Old Age Blog: Study: More to Meal Delivery Than Food

What’s a simpler idea than Meals on Wheels? Older, lower-income people who have trouble driving, cooking or shopping — or paying for food — sign up with a local agency. Each day, volunteers or paid staff come by and drop off a hot lunch. Federal and state dollars and local charities foot the bill.At the Mobile Meals of Essex headquarters in my town in New Jersey on a recent morning, staffers were...
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