PRESS DIGEST - New York Times business news - Jan 29

jueves 29 de enero de 2009 06:34 CET

Jan 29 (Reuters) - The following were the top stories in the New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Despite crippling losses on Wall Street in 2008, employees at financial companies in New York collected an estimated $18.4 billion in bonuses for the year.

* The House voted, 244-188, for President Obama's $819 billion plan meant to jump-start the economy out of its worst crisis in decades.

* As lawmakers pressed the Obama administration for details of how it would assist financial firms that have been rapidly deteriorating, Treasury Secretary Timothy F. Geithner said the administration is working on a comprehensive plan to "repair the financial system."

* Investors are criticizing JPMorgan Chase & Co (JPM.N: Cotización) for not sharing its concerns about funds tied to Bernard L. Madoff.

* The prices of private jets are falling faster than the value of McMansions as many companies sell their planes to save money and avoid bad publicity.

* YouTube and the William Morris Agency, the Hollywood talent agency, are close to signing a deal that would place the company's clients in made-for-the-Web productions.

* At the World Economic Forum, the leaders of the former bastions of the communist bloc rebuked the U.S. and other capitalist countries for dragging the world into crisis.

* A decision by Intel Corp (INTC.O: Cotización), the chip maker, to defy European antitrust investigators raised questions about how the European Commission should handle the remainder of the investigation and discourage similar behavior.

* NBC will get $30 million of free promotional time during the Super Bowl, but is also banking on the opportunity for more than a temporary advertising jolt.