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 May 06, 2011 Afternoon Update |
 TOP NEWSApril Job Data Is Strong, but Some Doubt Trend Can LastBy CHRISTINE HAUSERThe economy added far more jobs than expected in April, but analysts said that it was too early to say whether the momentum could be sustained for a full recovery. Bloomberg to Lay Off Thousands of TeachersBy DAVID W. CHEN and JAVIER C. HERNANDEZMayor Michael R. Bloomberg intends to eliminate 4,278 teaching jobs through layoffs, city officials said on Friday. Lost in the School Choice MazeBy LIZ ROBBINSNew York City uses a complex system to match students and high schools, and 10 percent of eighth graders recently learned the hard way how dizzying and disappointing the process can be. Media Decoder BlogOprah Winfrey Network Chief Is OutBy BRIAN STELTEROWN: The Oprah Winfrey Network, announced Friday that the head of that channel, Christina Norman, has been dismissed. DealBookWarner Music to Sell Itself to Access for $3.3 BillionBy MICHAEL J. DE LA MERCED and BEN SISARIOWarner Music finally agreed to sell itself to the Russian-born billionaire Len Blavatnik, who may eventually seek to merge the record label with the EMI Group. |
MultimediaOpinion |
BUSINESSAfter Bust in Ireland, Ordinary People Make Do With LessBy LIZ ALDERMANMany people in Ireland who floated up during the good times now see themselves slipping even further behind. Off the ChartsA Recovery Less Robust Than in the '70sBy FLOYD NORRISThe stock market is faring better than it did after the early 1970s recession. But by most other measures, the current recovery is far weaker. A Quieter Day, but Oil Prices Fall AgainBy CLIFFORD KRAUSSMany energy analysts and economists predict that oil and gas prices will remain stubbornly high in the months ahead. BP Offers Plan to Salvage Deal with RosneftBy JULIA WERDIGIERUnder the deal, the British oil company would cede a potentially lucrative Arctic exploration deal to its Russian joint-venture partner TNK-BP. DealBookProsecutors Looking at Steven Cohen's AccountBy JEFFREY CANE and PETER LATTMANThe latest disclosure may raise additional questions about the culture and practices at SAC Capital. |
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