PRESS-DIGEST/NYT New York Times business - Nov 28


Nov 28 (Reuters) - The New York Times reported the following stories on its business pages on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Wild fish, whose living conditions are not controlled, are not likely to meet the requirements for an "organic" label.

* Stocks tumbled after a weak sales estimate by Wal-Mart Stores Inc. spurred concerns about the holiday shopping season.

* Ford Motor Co. mortgaged nearly all its domestic assets to raise $18 billion to pay for several more years of restructuring.

* The income Americans reported to the tax collector in 2004 totaled $7.044 trillion, down from more than $7.143 trillion in 2000.

* Boeing Co. is adopting a new strategy as it faces a new wave of orders that, if not managed right, could swamp the company again.

* Asian countries are clamoring for planes to meet surging air travel demands, giving Boeing an edge in the region.

* A convergence of factors has added to the deficit of electrical outlets in airports, which are now rushing to add new ones.

* Together with a leading Indian cellphone operator, Wal-Mart will open hundreds of branded superstores across India over the next five years.

* YouTube's phone-based version will require a $15-a-month subscription to a Verizon Wireless service, a venture of Verizon Communications Inc. , called VCast.

* The Supreme Court rejected an appeal from smokers who said they were misled about the health risks of "light" cigarettes.



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