TOP NEWS
By ELISABETH BUMILLER and MARK LANDLER President Obama is expected to name David H. Petraeus the director of the C.I.A., and Leon E. Panetta the defense secretary, officials said on Wednesday. By ISABEL KERSHNER Fatah and Hamas, the rival Palestinian movements, announced an agreement in principle on Wednesday to end the years-long internal Palestinian schism. By MIGUEL HELFT Steven P. Jobs said the complaints were based on a misunderstanding, but he promised software fixes. Floyd Norris Blog By FLOYD NORRIS The news was more in the fact that the Federal Reserve has started news conferences than in anything that was said. The Caucus By MICHAEL D. SHEAR President Obama said Wednesday he decided to release the document in an effort to end the "silliness" that was distracting from the serious issues facing the country. |
| Multimedia Fatah and Hamas reach a deal for a unity government; a serial killer uses a lonely stretch of a Long Island highway; and new appointments at the C.I.A. and Pentagon. Opinion Opinionator | The Conversation Are people really all that excited about Prince William and Kate Middleton's pending nuptials? |
BUSINESS
By BINYAMIN APPELBAUM The Fed chief argues that the central bank was doing all it could to increase employment without unduly risking higher inflation. By ADAM LIPTAK In a 5-4 split, justices said a California law invalidating contracts that ban class-action arbitration with businesses was pre-empted by the Federal Arbitration Act. DealBook By CHRIS V. NICHOLSON Johnson & Johnson has agreed to buy the medical equipment maker Synthes for $21.3 billion in cash and stock, in one of the biggest deals ever in the health care sector. DealBook By BEN PROTESS Financial regulators proposed new rules on Wednesday that would require large derivatives trading firms to bolster their capital cushions, the latest attempt to reduce risk in the $600 trillion swaps market. By JULIA WERDIGIER The British oil giant said earnings were reduced by assets sales to pay for repercussions from the Gulf of Mexico oil spill. |
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