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April 19, 2011 Afternoon Update |
TOP NEWSAdministration Defends Effort on Debt After Credit WarningBy CHRISTINE HAUSERA day after the nation was given a negative credit outlook, President Obama and Treasury Secretary Timothy F. Geithner tried to reassure investors. Syria Steps Up Its Crackdown While Promising ReformBy ANTHONY SHADIDSyria tried to placate protesters with pledges of sweeping reform hours after forces crushed one of the biggest gatherings yet. Past Holds a Clue to Goldstone's Shift on the Gaza WarBy ETHAN BRONNER and JENNIFER MEDINAThe Goldstone Report accused both Israel and Hamas of wrongdoing, much like a ruling decades earlier on South Africa. Economix BlogLabor Puts Executive Pay in SpotlightBy STEVEN GREENHOUSEThe A.F.L.-C.I.O. has put up a Web site highlighting a resurgence in compensation at the top, hoping to press corporate boards to share the wealth with its members. Cuba Lays Foundation for a New LeaderBy RANDAL C. ARCHIBOLDCuba named someone other than a Castro to the second-highest position in the Communist Party. |
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BUSINESSDealBookGoldman Sachs Trumps Expectations, As Revenues FallBy SUSANNE CRAIGEarnings fell from the previous year, but the investment bank nearly doubled analysts' estimates. DealBookNasdaq and ICE Unveil Official Bid for NYSE EuronextBy MICHAEL J. DE LA MERCEDThe two companies offer a $350 million reverse break-up fee to NYSE Euronext if a merger with Nasdaq fails to win antitrust approval. DealBookBuffett and Sokol Sued Over Trading in Lubrizol SharesBy PETER LATTMANThe complaint asks the court to disgorge David Sokol's trading profits in Lubrizol and to award damages because of the damage done to Berkshire Hathaway's goodwill. Quake Battered Japan Consumer Confidence in MarchBy BETTINA WASSENERConsumer confidence fell in immediately after Japan's quake last month, but economists say that business and consumer sentiment has stabilized since then. Temp Work Booms in Germany, to Labor's ChagrinBy JACK EWINGNew laws that made hiring temporary workers easier have given German companies much more flexibility. But unions are starting to complain about poor pay and treatment. |
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