Even as profit surged, the board of JPMorgan Chase cut the pay package of its chief executive, Jamie Dimon, by 50 percent, in light of a multibillion-dollar trading loss last year.By the overall numbers, it was a good year for JPMorgan. The bank reported a record profit of $5.7 billion for the fourth quarter, up 53 percent from the period a year earlier. Revenue was also strong, rising 10 percent,...
The New Old Age: In Flu Season,Use a Mask. But Which One?
Label: HealthFace masks help prevent people from getting the flu. But how much protection do they provide?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...
The New Old Age: In Flu Season,Use a Mask. But Which One?
Label: LifestyleFace masks help prevent people from getting the flu. But how much protection do they provide?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...
News Analysis: Momentum Seems to Build for Gargantuan Buyout of Dell
Label: TechnologyDell is advancing toward a goal many thought was all but unattainable since the financial crisis: a leveraged buyout worth more than $20 billion.The company is in talks with investment firms and its founder, Michael S. Dell, over a deal that would take the technology company off the public markets, people briefed on the matter said on Tuesday.One potential transaction that appears to be gaining steam...
WORLD: France Battles Rebels in Mali
Label: WorldJanuary 16, 2013By Mac William Bishop, Channon Hodge, Pedro Rafael Rosado, Axel Gerdau, Krishnan Vasudevan and Elaisha StokesThe Times's Greg Winter talks about the escalating conflict in Mali, where the government along with France is battling Islamist insurgen...
Jan
15
The Caucus: Credit Rating Agency Warns of Downgrade if Debt Limit is Not Raised
Label: BusinessFitch Ratings Ltd. warned on Tuesday that Congress’s failure to raise the federal government’s statutory borrowing limit would “very likely” prompt a downgrading of the United States Government’s credit rating, and the agency seemed to suggest that Congress should simply do away with the debt ceiling altogether.In a pointed statement, Fitch dismissed the assurances of some Republicans that the Treasury...
Well: For DTaP Vaccine, Thigh May Be Better Injection Site Than Arm
Label: HealthChildren are less likely to develop bad reactions to the DTaP vaccine, a routine immunization shot that protects against diphtheria, tetanus and pertussis, or whooping cough, if they get it in their thigh instead of in their arm, a new study shows.The research looked at more than a million children who were given injections of the vaccine. In many cases it causes some degree of redness or swelling...
Well: For DTaP Vaccine, Thigh May Be Better Injection Site Than Arm
Label: LifestyleChildren are less likely to develop bad reactions to the DTaP vaccine, a routine immunization shot that protects against diphtheria, tetanus and pertussis, or whooping cough, if they get it in their thigh instead of in their arm, a new study shows.The research looked at more than a million children who were given injections of the vaccine. In many cases it causes some degree of redness or swelling...
DealBook: Alibaba's Founder to Give Up C.E.O. Title, but Will Remain Chairman
Label: TechnologyAfter 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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