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Business Day
New York Attorney General Sues High-Interest Lender
The lawsuit accuses Western Sky Financial and its affiliates of offering short-term loans at interest rates of more than 300 percent, violating New York usury laws that cap interest rates at 25 percent.
2
Opinion
The Mad Race for Moscow Mayor
How a Russian bureaucrat turns a local election into an opportunity to make life in the city that much worse.
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Crosswords/Games
Ant on a Grid
An ant finds itself on a dangerous grid. What is the probability the ant survives?
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Business Day
Today in Small Business: Are You a Manager or a Leader?
Tracking Pinterest metrics. A company that pays better than Walmart does — but has lower prices. A conference about conference panels.
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Business Day
In One Bundle of Mortgages, the Subprime Crisis Reverberates
A Goldman Sachs bond with a complex name — GSAMP Trust 2007 NC1 — has wide-ranging impact, on the bankers who sold the deal, the struggling homeowners, and taxpayers who helped pick up the bill.
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Real Estate
Chinese Invest in Queens Real Estate
Buyers from mainland China account for as many as half the purchasers at certain buildings in Flushing.
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Business Day
Fonterra Withdraws Milk Powder From Sri Lanka
Sri Lanka said the product tested positive for a toxic agricultural chemical, but Fonterra, a New Zealand company, disputed the testing.
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N.Y. / Region
Moving to the Taft Mansion, a Yale Conservative Group Seeks a National Presence
The William F. Buckley Jr. Program, looking to transform itself from a local undergraduate venture into a policy institute, has a historic new address.
11
Sports
N.C.A.A. to Quit Selling Memorabilia Online
Facing legal and public scrutiny over its business practices, the N.C.A.A. said it would stop selling player jerseys and other memorabilia through its Web site.
12
Arts
Ennead Architects Chosen for Peabody Essex Museum Expansion
The $200 million project at the Peabody Essex Museum in Salem, Mass., is scheduled for completion in 2019.
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N.Y. / Region
Quinn Leads Democratic Rivals in Money Race
Christine C. Quinn has $8.6 million on hand, and Anthony D. Weiner, one of her mayoral competitors, is second with $6.2 million despite the fact that his fund-raising slowed.
14
Opinion
Measuring the Sycamore
We may as well try to count its leaves, or weigh its blue shadow on a summer afternoon.
15
Sports
Parkour, a Pastime Born on the Streets, Moves Indoors and Uptown
Practitioners of parkour have long seen public spaces as their playground, and parkour as the ultimate rebel’s game. But now it has turned into a big business.
16
Health
Ask Well: Pilates vs. Yoga
The answer, Gretchen Reynolds notes, depends to a large degree on what muscles you are trying to strengthen.
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Style
Are Teenage Boyfriend-Girlfriend 'Sleepovers' the New Norm?
If teenage sleepovers have really become a question of when, not if, across the country, then things have changed — maybe for the better, but in ways my friends and I, slipping out of windows and parking out by the lake, could never have imagined.
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Business Day
BlackBerry Faces Dwindling Options for a Deal
As BlackBerry weighs a potential sale, analysts and industry executives said that a sale of the entire smartphone maker is increasingly unlikely, and almost certainly at least a year too late.
19
Books
Reconstructing a Lost Time of Love and Literary Ambitions
In the novel “Necessary Errors” a Harvard graduate comes to post-Communist Prague with writerly ambitions but finds himself not writing at all.
20
U.S.
Cut Emissions? Congress Itself Keeps Burning a Dirtier Fuel
The Capitol Power Plant, the largest single source of carbon emissions in Washington, offers a concrete example of the government’s inability to green its own turf.
1
World
In Move for Economy, Mexican President Seeks Foreign Investment in Energy
President Enrique Peña Nieto proposed opening his country’s historically closed energy industry to private companies so that they might pump for oil.
2
Autos
Wheelies: The Civic Tourer Edition
The Honda Civic Tourer is a wagon that will be available in Europe only, and Norway’s prime minister poses as a cab driver as part of a campaign stunt.
3
N.Y. / Region
Bittersweet Deal in 22-Year Fight Over Toxic Site in Bronx
The city agreed to settle a suit brought by the families of three children who lived near the Pelham Bay landfill and died of childhood leukemia, and the relatives of nine survivors.
4
Business Day
Patriot Coal and Union Reach a Deal on Cutbacks
The nation’s biggest miners’ union and Patriot Coal have reached a potential settlement that the union claimed eases the severity of wage and benefits cuts a bankruptcy judge had allowed the company to impose.
5
Booming
In Testing, a Principal Leans on Her Experience
A principal believes it is her job is to shield her students from the state’s ever-expanding standardized testing and to speak out about its reliability.
6
Business Day
The Deduction for State and Local Taxes
Eliminating the federal deduction for state and local taxes would hit hardest at states leaning Democratic, making such a course appealing to conservatives, an economist writes.
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8
Science
Herd Mentality Online, and an Ancient Frieze
Recent developments in health and science news. Also this week: Henrietta Lack’s family get a say in research on her cells and a spate of dolphin deaths.
9
Opinion
Come Together
Stacey D. Stewart of United Way Worldwide responds to a Sunday Review article, “Crumbling American Dreams.”
10
Opinion
Republicans and Democrats Both Miscalculated
If we are to restore economic sobriety and intergenerational fairness to the budget, a more binding solution — a Constitutional amendment — may be needed.What People (Don’t) Know About The Deficit
A little while back I expressed a desire
to see a poll of voters asking whether they knew about the plunging
federal budget deficit. Just as a reminder, here’s what the CBO numbers for the recent past and projections for the near future look like:
Well, Hal Varian of Google got in touch with me, and said,”We can do that!” So he put together a Google Consumer Survey; it’s still ongoing — results here — but here’s what it looked like this morning:
I’m sure someone will quibble about the wording; and yes, the CBO
numbers are as % of GDP rather than nominal values (but those would look
the same). But I don’t think there’s any real question here: the public
has no idea that the deficit has been falling like a stone. A solid
majority of voters think it’s still going up, and hardly anyone knows
that it’s going down."
11
Business Day
Economic Reports for the Week of August 12
Data to be released this week include retails sale, the Consumer Price Index and housing starts for July.
12
Business Day
Sanofi Being Investigated for Bribery by China
Health and disciplinary authorities are investigating claims published in a Chinese newspaper that Sanofi paid hundreds of doctors to prescribe its products.
14
N.Y. / Region
Boater’s Death Was Likely an Accident, Police Say
The woman, Ninive Petrocelli, a Manhattan interior design executive, was reported missing by her husband, John Petrocelli, who was alone with her on the boat.
15
Opinion
Rise in Military Suicides
John Draper, the director of the National Suicide Prevention Lifeline, responds to a news article.
16
U.S.
Clinton Calls for Action to Protect Voter Rights
Hillary Rodham Clinton, speaking to the American Bar Association, condemned the recent Supreme Court ruling on the Voting Rights Act.
17
Technology
Judge Considers Limits on Apple’s Future E-Book Deals
A proposal that would force Apple to negotiate with publishers one at a time is an attempt to prevent the company and big publishers from collusion.
18
World
Nazi War Crimes Suspect, 98, Dies Awaiting Trial
Laszlo Csatary was accused of whipping and beating Jews and helping send them to the Auschwitz death camp during World War II.
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