Tuesday, May 29, 2012

Reuters: Regulatory News: PRESS DIGEST - New York Times business news - May 29

Reuters: Regulatory News
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PRESS DIGEST - New York Times business news - May 29
May 29th 2012, 07:11

Tue May 29, 2012 3:11am EDT

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

* Agreements in which local television stations share news operations are seen by the stations as a survival strategy, and by critics as a barrier to competition.

* In February, Congress phased in a reduction of the number of weeks of extended aid and made it more difficult for states to qualify for the maximum aid, adding a financial burden to the long-term unemployed.

* The bankruptcy filing marks the final chapter in a turbulent period for Dewey & LeBoeuf, which unraveled after disappointing profits and prodigious debt forced it to slash partners' salaries.

* Skype must be able to give Windows and other Microsoft products an edge for Microsoft to justify the $8.5 billion it paid, analysts said.

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