| Democrats Vow to Block Airport-Slot Sale Democrats said that congestion at New York-area airports was a result of Republican mismanagement and that the Bush administration’s plans to auction landing slots would be a blow to the public and the airlines. nytimes.com |
Treasury Auctions Set for This Week The Treasury’s schedule for the week of March 30, 2009. nytimes.com |
More Job Reductions Planned at Sotheby’s Sotheby’s announced on Tuesday that it was planning a 5 percent cut in its global work force. The measure is in addition to a 15 percent cut at the end of 2008. Salaries will be reduced for top employees, too, and the company plans unpaid furloughs as well as a reduction in pension contributions for those working in the United States. Sotheby’s expects to save about $160 million this year. As part of this restructuring plan, it said it would save $15 million from staff cuts alone. A publicly tr... nytimes.com |
At London Sale, a Giacometti Sets a Record At $104.3 million with fees, an Alberto Giacometti bronze broke the world record price for a work of art at auction. nytimes.com |
Greek Bond Yields Soar in Sell-Off The surge in interest rates on Greek bonds is expected to make it more difficult for the country to borrow. nytimes.com |