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April 05, 2011 Afternoon Update |
TOP NEWSBudget Stances Harden as Deadline Nears for ShutdownBy JENNIFER STEINHAUER and CARL HULSEAfter talks with leaders of Congress failed to yield a budget deal, President Obama said there was "no excuse" for the impasse, while Republican leaders widened their push for deep spending cuts.
France in Talks on Surrender of Ivory Coast StrongmanBy ADAM NOSSITER and SCOTT SAYAREFrance said it was negotiating the surrender of Laurent Gbagbo a day after it joined the United Nations in striking his residence. Supreme Court Issues Stay of ExecutionBy TIMOTHY WILLIAMSCleve Foster, who was scheduled to be executed Tuesday, was granted a reprieve while the court examines the case. Boeing Says It Didn't Expect Cracks in 737s So SoonBy CHRISTINE HAUSER, JAD MOUAWAD and CHRISTOPHER DREWBoeing said it had projected a longer lifespan for the skin and the supporting joints and was surprised serious cracks developed on a Southwest Airlines plane. Under Heavy Assault, Libyan Rebels Flee BregaBy C. J. CHIVERS and DAVID D. KIRKPATRICKForces loyal to Col. Muammar el-Qaddafi battered rebel fighters on the road outside a strategic oil town Tuesday. |
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BUSINESSDealBookDiamond Foods and Pringles to MergeBy DEALBOOKDiamond Foods will merge with Pringles, a unit of Procter & Gamble, in a deal valued at $2.35 billion. Portugal Hit With New DowngradeBy MATTHEW SALTMARSHMoody's Investors Service warned that the country's next government would have to turn to its European partners for aid "as a matter of urgency." A Euro Scam That Unfolded at a Snail's PaceBy JACK EWINGGerman prosecutors have arrested six men in one of the biggest and most unusual thefts in German history, one that defrauded the country's central bank of some $8.5 million. Minutes Show Fed's Focus on Future of Stimulus PlanBy BINYAMIN APPELBAUMThe Fed increasingly seems to be locked into its current plan in part because the health of the economy remains mixed. Square FeetCreating a Corporate Campus That Mirrors FacebookBy FRED A. BERNSTEINIn renovating its new headquarters in Menlo Park, Calif., Facebook is going for collaborative, inclusive and just a little bit gritty. |
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