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Suits: Pow! Take That, My Fellow Banker Bankers and traders at Trader Monthly?s Wall Street Boxing Summer Showdown last week could hardly exchange a greeting without joking about the most dramatic matchup at a similar event last fall. That was before the collapse of Bear Stearns, and the night?s […]

New Flavors for Addresses on the Web Icann voted to permit the introduction of new Web addresses ending in words like .paris, .perfume and .sports, making the most sweeping changes in the network?s 25-year-old addressing system.

Technology Leaders Favor Online ID Card Over Passwords A technology industry foundation aims to reduce password overload among computer users through the creation of a system akin to an online identity card.

Business Briefing | Trade: U.S. Pipe Makers Win Trade Decision Over China The International Trade Commission voted 5-0 that the American industry was being harmed by the import of circular steel pipe.

Idea of Offshore Drilling Seems to Be Spreading In Florida, minds once closed to offshore drilling have been cracked open by prospects of safer drilling technology and an awareness that dependency on foreign oil has heavy costs.

McClatchy to Cut 10% of Work Force The publisher of the Kansas City Star and Miami Herald will trim about 1,400 employees in a move to save $70 million a year as it struggles to attract advertising dollars.
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U.S. Marshals Continue Search for Missing Trader A manhunt continued for a hedge fund manager who disappeared Monday hours before he was to have reported to prison to serve a federal sentence for conspiracy and fraud.

Standing Up for Workers? Rights in Japan Japan?s salarymen have borne the brunt of its economic decline, enduring lower wages, job insecurity and long hours of unpaid overtime. Now, a few are fighting back.

Industrial Nations Vow to Cut Oil Use The Group of 8 countries, joined by China, India and South Korea, pledged greater investments in efficiency but also urged oil producers to increase output.

Unemployment Rate Hits 5.5% as 49,000 Jobs Lost The jobless rate surged to 5.5 percent last month, the biggest increase in more than two decades.