January 29, 2009 / 5:37 AM / 10 years ago

PRESS DIGEST - New York Times business news - Jan 29

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) 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), 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.

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