new york times

Citibank May Have Double-Charged Customers Using Its Bill-Pay Ap...

Digg - Business & Finance  Sun, 02/12/2012 - 02:33

Whoopsadaisy! Citigroup has accidentally been charging many customers more than what they owe for months, with some of them not even realizing it was going on until the bank sent out a notification.

Cit's bill-pay app for iPads was the culprit in many cases, charging customers twice what they owed for bills or mortgage payments.

The New York Times says the bug started in the iPad app around July but wasn't detected until December, after consumers' complaints about payments being off.

Other mobile applications and the online bill payment system weren't affected, says Citi.


 

Common Sense: In the Top 1%, but of Taxpayers, Not Income — Co...

NYT > Business  Fri, 01/27/2012 - 18:09

With all the focus on tax rates, a business columnist for The New York Times sat down with his 2010 returns, calculator in hand.

He is still reeling from the results.


 

New York Times selling regional papers for $143M

Newsvine - business  Tue, 12/27/2011 - 16:26

The New York Times Co. said Tuesday that it will sell its group of 16 small, regional newspapers to Halifax Media Holdings LLC for $143 million.


 

New York Times Co. CEO Robinson to step down

Newsvine - business  Thu, 12/15/2011 - 16:35

The New York Times Co. said Thursday that chief executive Janet Robinson, who helped the paper broaden its reach nationally and make more money online, will step down at the end of the year.

She will be replaced on an interim basis by Arthur Sulzberger Jr., publisher of the flagship paper and chairman of the company.


 

Is China's property bubble about to burst?

Digg - Business & Finance  Thu, 11/03/2011 - 00:35

n an interview with the New York Times last year, leading hedge fund manager Jim Chanos described China’s property market as “Dubai times a thousand."


 

6 Things You’d Never Guess About Google’s Energy Use

Digg - Business & Finance  Sat, 09/10/2011 - 15:44

Google has ended a long silence about how much energy the company needs to operate, and how much power many of its popular services consume.

Thanks to a new website, a pair of blog posts and a story in the New York Times, we've now got a treasure trove of data on the amount of energy it takes to run Google.


 

Michael Arrington and AOL: What They’re Saying

WebProNews - Financial  Fri, 09/02/2011 - 07:50

Update: Arrington is “not employed by Aol” according to this report quoting a Huffington Post spokesperson.


 

Einhorn Offer Suggests Mets Deal With SportsNet New York Is Unde...

Topix - Business News  Sun, 05/29/2011 - 14:36

The Mets will get $68 million this season from their 66% controlled channel, but the New York Times reports the rights fee is estimated to increase to $83 million by 2015.A If accurate, $83 million is way below market value.


 

As Its Paywall Launches, Times Pitches 4-Week Subscription for 9...

Digg - Business & Finance  Tue, 03/29/2011 - 19:04

In an effort to wean its online readership off of the idea of unlimited free content—and on to its new metered pay model—The New York Times is offering deeply discounted digital subscription rates for the start of its new paywall.

The discounted rate is 99 cents for the first four weeks of any digital subscription package.


 

It's live: the NYT erects its easily bypassed paywall

Topix - Business News  Mon, 03/28/2011 - 15:10

As promised, the New York Times paywall was erected on Monday, March 28. It seems to already be working, in fact.