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 February 08, 2011 Afternoon Update |
 TOP NEWSProtests Swell in Rejection of Egypt's Limited ReformsBy DAVID D. KIRKPATRICK, KAREEM FAHIM and ALAN COWELLIn one of the largest protests yet in Tahrir Square, Egyptians on Tuesday loudly rejected the government's approach to political change.
Electronic Flaws Did Not Cause Toyota Problems, U.S. SaysBy MATTHEW L. WALDFederal investigators found that mechanical defects that had already been addressed were the only known cause of the acceleration problem. U.N. Food Agency Issues Warning on China DroughtBy KEITH BRADSHERChina's wheat crop is threatened, and some people face shortages of drinking water, the agency warned on Tuesday. Schools May Have to Pay Lunch BillsBy FERNANDA SANTOSPrincipals in city schools have been told to collect the money parents owe or identify a budget line the money can be taken from. Students in Legal Limbo After Immigration FightBy JULIA PRESTONStudents who declared their illegal status in a campaign for legislation that failed to pass are now vulnerable. |
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BUSINESSDealBook4 Hedge Fund Employees Face Insider Trading ChargesBy PETER LATTMAN and AZAM AHMEDTwo of the four had worked at SAC Capital Advisors, the giant fund run by the billionaire Steven Cohen. I.R.S. Offers New Amnesty Deal for Offshore AccountsBy LYNNLEY BROWNINGTaxpayers who come forward by Aug. 31 will pay a penalty of 25 percent of the amount in a hidden foreign account but will not be prosecuted. If Peso's Gain on the Dollar Pressures Mexican ExportsBy ELISABETH MALKINThe peso's value has increased more than 9 percent since the beginning of 2010 and continues to rise, but the government has no plans to intervene. China Raises Interest Rates to Quell InflationBy BETTINA WASSENERThe move, the third since October, is the latest sign of authorities' intensifying efforts to temper the pace of growth and curb inflation. Fed Seeks to Identify Firms That Pose 'Systemic' RiskBy REUTERSThe Fed proposal will create some guidelines on whether nonbanking firms should be considered primarily financial firms. |
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