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 April 27, 2011 Afternoon Update |
 TOP NEWSPanetta and Petraeus in Line for Top Security PostsBy ELISABETH BUMILLER and MARK LANDLERPresident 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.
Fatah and Hamas Announce Outline of DealBy ISABEL KERSHNERFatah and Hamas, the rival Palestinian movements, announced an agreement in principle on Wednesday to end the years-long internal Palestinian schism. Jobs Says Apple Made Mistakes With iPhone DataBy MIGUEL HELFTSteven P. Jobs said the complaints were based on a misunderstanding, but he promised software fixes. Floyd Norris BlogAnalysis: Bernanke's News ConferenceBy FLOYD NORRISThe news was more in the fact that the Federal Reserve has started news conferences than in anything that was said. The CaucusObama Releases His 'Long-Form' Birth CertificateBy MICHAEL D. SHEARPresident 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. |
MultimediaOpinion |
BUSINESSFed Notes Inflation but Sees Higher Costs as TemporaryBy BINYAMIN APPELBAUMThe Fed chief argues that the central bank was doing all it could to increase employment without unduly risking higher inflation.
Supreme Court Ruling Places Limits on Class ActionsBy ADAM LIPTAKIn 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. DealBookJ.&J. to Buy Synthes for $21.3 BillionBy CHRIS V. NICHOLSONJohnson & 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. DealBookDerivatives Firms Face New Capital RulesBy BEN PROTESSFinancial 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. BP Earnings Down Despite Higher Oil PriceBy JULIA WERDIGIERThe 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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