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Business Day

Saturday, March 2, 2013 Last Update: 3:30 PM ET

To Hasbro, there is no one too young or too old to play with a Transformers robot, watch a Transformers television show or play a Transformers video game.

Ryan Yzquierdo, who has been a Transformers fan since he was 7, is introducing his daughter to the franchise.
Marcus Yam for The New York Times

Ryan Yzquierdo, who has been a Transformers fan since he was 7, is introducing his daughter to the franchise.

Hungary Tries a Dash of Taxes to Promote Healthier Eating Habits

In a trend seen across Europe, Hungary has imposed taxes on salt, sugar and the ingredients in energy drinks, hoping to raise revenues and force healthier eating habits.

Spending Cuts Imposed; U.S. Starts to Trim Its Budget

President Obama formally triggered the across-the-board reductions late Friday night after failing to persuade Congressional Republicans to replace them with a mix of cuts and tax increases.

Slipstream

Stand Up and Cheer, but Hit ‘Pause’ First

At some sports arenas, fans can now receive multiple video feeds of the action on their smartphones. But what does that do to the communal enjoyment of a live event?

Novelties

Keeping an Eye on Online Test-Takers

In the widening world of classes taught online, new technologies are helping to ensure that students on distant laptops are doing their own work.

Penney’s and Macy’s Battle Over Martha Stewart Products

A trial between J.C. Penney and Macy’s shows how competitive the middle-market home goods category is and how much a brand like Martha Stewart can matter.

DealBook

In His Annual Letter, Buffett Plays Up Newspapers

Warren Buffett’s letter to shareholders underscores his reputation as a contrarian investor, describing his investments in newspapers, a business others have shunned.

Off the Shelf

A Grudge Match for Global Finance

In a new book, Benn Steil describes in detail the intellectual back-and-forth that played out in 1944 at the Bretton Woods monetary conference.

Insight & Analysis

Fair Game

Promises, Promises at the New York Fed

A secret agreement shows that in exchange for $43 million, the Federal Reserve Bank of New York agreed to testify on Bank of America’s behalf in a battle over fraud claims.

Corner Office

Transparency Is Much More Than a Buzzword

Ryan Smith, the chief executive of Qualtrics, says his company has a transparent culture because “everyone needs to know where we are going and how we are going to get there.”

Common Sense

Refusing to Be Late on Gay Marriage

Corporate America has historically been slow to take up civil rights issues, but companies have rushed to show support for same-sex marriage.

Your Money

Fighting the Insurer Over Hurricane Sandy Damage

A Brooklyn couple say their insurance company will pay $49,000 for home repairs, while an adjuster they hired put the figure needed at $200,000.

Slide Show: The Week in Pictures for March 1 from Business

The trial against BP over the 2010 oil spill in the Gulf of Mexico began in New Orleans, Marissa Mayer ordered Yahoo workers back to the office, and Jacob J. Lew was confirmed as Treasury secretary.

Off the Charts

Globalization, Measured by Investment, Takes a Step Backward

The world’s money is staying closer to home; global capital flow dropped 13 percent in 2012 from 2011, and is 61 percent below the peak levels of 2007.

Wealth Matters

College Admission Roulette: Ask for Financial Aid, or Not?

Parents of children trying to get into college have long used their wealth to try to sway admissions officers. But that doesn’t always work.

Economix Blog

Not Enough Inflation

The inflation numbers for January underscores that the Federal Reserve underestimated the stimulus required to prevent inflation from sagging below the level it considers most healthy.

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