PRESS DIGEST – New York Times business news – Nov 1

Nov 1 (BestGrowthStock) – The following were the top stories in The
New York Times business pages on Monday. Reuters has not
verified these stories and does not vouch for their accuracy.

* TV viewing habits are changing as more Internet and
on-demand content — YouTube videos, streaming movies, shopping
sites, Facebook photos — flows directly onto big screens.
Navigating all of that demands more action from the viewer,
including a fair amount of typing, which current remotes cannot
handle. As such, the locus of control in the family room is
being replaced, mostly by smartphones.

* Lawyers who defend consumers in debt-collection cases say
debt buyers used questionable tactics well before the recent
foreclosure mess.

* Everyone on Wall Street is waiting on the Fed. Whatever
the outcome of Tuesday’s midterm elections, the U.S. Federal
Reserve is widely expected to take new steps this week to spur
the nation’s snail-paced recovery.

* Samuel Waksal is not letting his past stand in the way of
his future. The former chief executive of the biotechnology
company ImClone Systems, Waksal spent five years in federal
prison after admitting to insider stock trading and other
crimes. Now, less than two years after regaining his freedom,
Waksal is mounting an audacious effort at redemption, again in
biotechnology.

* After two years and a thorny overhaul, Steven Spielberg
and DreamWorks are aiming high with a lineup of new releases.
And they are starting the next round with the sort of fanciful,
scary, sometimes heartwarming movies they know best — and
their new distribution ally, Walt Disney Studios, needs most.

* Start-ups and big companies alike have tried to take on
Google Inc (Read more about Google Stock Analysis) (GOOG.O: ) by building a better search engine. That
they have failed has not stopped brave new entrants. The latest
is Blekko, a search engine that will open to the public on
Monday. Blekko aims to show search results from only
trustworthy sites, weeding out sites filled with little
relevant information.

* Now, campaigns and the news media are becoming convinced
that the Internet can also be mined systematically for useful
data about public opinion. Tools that study posts to Twitter
and blogs, known as sentiment analysis, can quickly determine
the messages most resonating with voters.

PRESS DIGEST – New York Times business news – Nov 1