Business Day

Monday, January 23, 2012 Last Update: 12:45 PM ET

Many Americans know about the highly publicized lockouts in professional sports. But they are increasingly imposed in less visible industries as well.

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Workers picketed in January after a lockout in August by American Crystal Sugar, the nation's largest sugar beet processor.
Dan Koeck for The New York Times

Workers picketed in January after a lockout in August by American Crystal Sugar, the nation's largest sugar beet processor.

I.M.F. Chief Urges Europe to Beef Up Bailout Funds

As euro zone finance ministers gathered in Brussels, the managing director of the International Monetary Fund said a "larger firewall" was needed to safeguard global financial stability.

Iran Urged to Negotiate as Europe Agrees on New Sanctions

British Foreign Secretary William Hague urged Iran on Monday to “come to its senses” by resuming negotiations that were suspended a year ago on its nuclear program.

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Stem Cell Study May Show Advance

A treatment for eye diseases derived from human embryonic stem cells might have improved the vision of two patients, bolstering the beleaguered field, researchers reported.

DealBook

Apache to Buy Cordillera Energy for $2.85 Billion

The Apache Corporation has agreed to acquire the privately held Cordillera Energy Partners for $2.85 billion, the latest oil and natural gas deal centered on controversial drilling technology known as hydraulic fracturing.

Bowing to Critics and Market Forces, RIM’s Co-Chiefs Step Aside

Jim Balsillie and Mike Lazaridis are stepping down at a time when investors wonder whether RIM has the ability to compete in the rapidly changing markets for smartphones.

Some See Two New Gilded Ages, Raising Global Tensions

As the world economy is reshaped by the technology revolution and globalization, two new gilded ages are emerging: one in the West and one in developing nations.

Web Site’s Founder Held in Custody by New Zealand

The U.S. authorities want Kim Dotcom extradited, accusing him of masterminding a scheme that made more than $175 million by copying and distributing copyrighted content without authorization.

Editor Is the Story as French Huffington Post Debuts

Anne Sinclair, a journalist who is the wife of Dominique Strauss-Kahn, was introduced to reporters as editorial director of the new French version of The Huffington Post.

Fed Begins an Effort to Remove All Doubt on What It’s Doing

Communications changes that the Fed plans to introduce this week include sharing officials’ predictions about the level at which they intend to set short-term rates over the next three years.

Murdoch’s Trusted Outsider Takes a Larger Role

Amid the scandal at the company’s British newspaper unit, Chase Carey, News Corporation’s president, presents a steady and less polarizing figure.

Insight & Analysis

The Media Equation

How Esquire Survived Publishing’s Dark Days

David Granger, Esquire’s editor in chief, departed from standard design templates and modernized the magazine, helping to revive a publication many had left for dead.

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Economix Blog

The Best States to Grow Up In

Racial and ethnic differences often undercut public support for programs that support the well-being of children, an economist writes.

Bucks Blog

There Is No Perfect (or Permanent) Financial Plan

Life happens, which means your budget and financial plan will never be perfect, and you'll constantly be changing it.

You’re the Boss Blog

This Week in Small Business: Gross National Happiness

Plus: Do you read fiction? Does it help?

Disruptions

Tech Valuations Defy the Restraints of Reality

Bargeloads of money move back and forth, following the herd’s assessment of any given start-up’s recent fortunes.

Advertising

Marketers, Seeking Family Show, Hold Script Contest

The competition sought scripts for 30-minute situation comedies about modern family life and attracted more than 235 entries.

Media Decoder

'Hunger Games' Book Sales Bode Well for the Film

There are 23.5 million books in "The Hunger Games" trilogy in print in the United States, up from 9.6 million when Lionsgate began production of its first film adaptation in the summer.

The iPhone Economy

Apple’s iPhone is a model of American ingenuity, but most of its components are manufactured somewhere else, leading to the decline of other kinds of jobs.

Corner Office | Katherine Hays

Ensuring That Ideas Are Employee-Owned

Katherine Hays of GenArts, a visual effects technology company, says she has learned to step back more and to have employees see themselves as owners of their work.

Interactive Feature: What Percent Are You?

See how your household income ranks in 344 zones across the United States.

From Opinion
Opinion

The Dangerous Notion That Debt Doesn’t Matter

Government borrowing is still debt that must eventually be paid off, just as we were taught in introductory economics.

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