February 26, 2009 / 5:48 AM / 9 years ago

PRESS DIGEST - New York Times business news - Feb 26

Feb 26 (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.

* The Obama administration ordered the nation’s 19 biggest banks to undergo stress tests to check whether they could hold up if the economy deteriorated further.

* The government has increased its support of the student loan market so much that there is a question of whether there is a role for private lenders at all.

* The Justice Department charged Forest Laboratories FRX.N with defrauding the government of millions of dollars by illegally marketing the antidepressants Celexa and Lexapro.

* Sales of previously owned homes in the U.S. fell 5.3 percent in January after rising unexpectedly in December.

* At its annual shareholder meeting on Apple Inc’s (AAPL.O) corporate campus, run by the chief operating officer, Timothy Cook, Apple responded to inquiries about chief executive Steven Jobs by saying that he still planned to return to the company in June.

* Medicare spending continues to vary widely across the country, with some cities like Miami and Dallas experiencing much faster growth in costs than places like San Francisco and Pittsburgh, according to an analysis by Dartmouth researchers.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below