Business news for Tue, 13 Nov 2007 & with word york. 54 news.

Aetna agreed to change its physician-ranking program nationwide in response to concerns that New York Attorney General Andrew Cuomo has raised with several insurers.

Many investors are hoping an end to the current credit crisis is around the corner, but several financial industry experts at the Standard & Poor's annual bank conference Tuesday in New York said banks have not even hit the last stretch.

NEW YORK -- Wall Street shot higher Tuesday, lifting the Dow Jones industrials nearly 320 points after reassuring news from Goldman Sachs Group Inc. and Wal-Mart Stores Inc. quelled some of the market's worst fears about the credit crisis and the economy. A plunge in the price of oil gave investors further incentive to buy.

NEW YORK - Shareholders approved a deal Tuesday to allow Sirius Satellite Radio Inc. to acquire its rival XM Satellite Radio Holdings Inc.

Shares in E-Trade, the troubled online brokerage firm, rebounded 41 per cent by late afternoon in New York, as some analysts discounted the possibility of a bankruptcy filing

NEW YORK (Reuters) - U.S. regulators may soon propose a requirement that companies file financial reports in a machine-readable code, known as Extensible Business Reporting Language or XBRL, a top U.S. regulator said on Tuesday.

Dial Directions' DIR-ECT-IONS voice and text service was tested over the summer in New York, Los Angeles, and San Francisco.

Not only is the gPC sold out online, it's listed as "out of stock" in Wal-Mart stores from New York to Chicago to San Francisco.

London bankers are gearing up for a fierce battle with their New York counterparts over how the bonus pot should be shared out this year

NEW YORK (MarketWatch) -- Goldman Sachs CEO Lloyd Blankfein said Tuesday that the firm maintains a short position in the subprime mortgage market and will not be taking any significant charges to write off losses on its position. Blankfein, speaking at a financial services conference in New York sponsored by Merrill Lynch, said that the firm remains bearish on the mortgage backed securities market. He added that a new accounting rule regarding the riskiest assets a firm holds would not hurt the company's business. Goldman shares rose 6% in morning trade Tuesday, to $227.57.

NEW YORK (MarketWatch) -- Energy shares recovered Tuesday after a steep sell-off in oil services shares in the previous session, as the International Energy Agency cut its global demand forecast amid a curb in energy consumption from record prices.

NEW YORK (Reuters) - Citigroup Inc , the largest U.S. bank, on Tuesday reorganized its investment banking unit, combining equity and debt underwriting and sales, and replacing its credit market chiefs as losses mount.

NEW YORK (Reuters) - A measure of consumer confidence dropped to a two-year low in November, weighed down by housing market turmoil and surging oil prices, according to a survey released on Tuesday.

NEW YORK (MarketWatch) -- Gold futures edged higher on Tuesday, after falling sharply in the previous session, as renewed weakness in the dollar underpinned demand for the precious metal.

Airline mergers flew back onto the radar screen Wednesday, with a proposed marriage between United Airlines and Delta Air Lines. But the matchmaker was a New York hedge fund.

Merrill Lynch & Co. said Wednesday it has tapped New York Stock Exchange head John Thain to lead the world's largest brokerage through the unfolding credit market turmoil that threatens Wall Street's biggest investment houses.

NEW YORK (MarketWatch) -- As Wall Street seeks to regain its bearings amid bearish market conditions, it's initial public offerings that seemingly have been getting the ax more and more lately.

NEW YORK (MarketWatch) -- Wall Street on Tuesday rebound after four days of losses, with investors cheered by Wal-Mart Stores Inc.'s surprisingly good results, which could bode well for the all-important holiday shopping season.

NEW YORK (Reuters) - Stocks surged on Tuesday, pushing the S&P 500 and Nasdaq indexes up more than 1 percent, as the market rebounded from a string of losses and was buoyed by higher-than-expected profit at Wal-Mart Stores Inc .

ADELAIDE, Australia News Corp. Chairman Rupert Murdoch said Tuesday he intends to make access to The Wall Street Journal's Web site free, trading subscription fees for anticipated ad revenue. "We expect to make that free, and instead of having one million (subscribers), having at least 10 million-15 million in every corner of the earth," Murdoch said. News Corp. has signed an agreement to acquire Dow Jones & Co., and the deal is expected to close in the fourth quarter. A special shareholders meeting is scheduled for Dec. 13 in New York. Murdoch said he believes that a free model, with