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 June 15, 2011 Afternoon Update |
 TOP NEWSWar Powers Act Does Not Apply to Libya, Obama ArguesBy CHARLIE SAVAGEThe White House says the act requiring approval by Congress doesn't apply to the Libya operation because what United States forces are doing there doesn't amount to "hostilities." States Brace for End of Extra Payments for MedicaidBy ROBERT PEARMore than $90 billion in federal largess will run out at the end of June, and benefits are being cut for millions of people. Greek Leader Reshuffles Cabinet, Asks for VoteBy RACHEL DONADIO and NIKI KITSANTONISThe prime minister said he would reshuffle his cabinet and request a vote of confidence after talks with the opposition about a unity government foundered. Fighting Takes Ominous Turn in Central SudanBy JEFFREY GETTLEMANUnited Nations officials said Wednesday that there is a "sense of panic" in the volatile Kordofan area, with aid convoys blocked, ethnic clashes and dozens dead. Magazine PreviewAmerica's Favorite Talking HotheadBy DAVID CARRThe Keith Olbermann career plan: Clash with employer. Get new job for millions. Repeat as necessary. |
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BUSINESSMarkets Stumble on Economic DataBy CHRISTINE HAUSERThe Dow Jones industrial average fell more than 180 points after concerns about inflation and the lack of a blueprint for the euro zone debt crisis kept investors on edge, analysts said. Moody's to Review French Banks Over Greece ExposureBy MATTHEW SALTMARSHMoody's cited "concerns" about the exposure of BNP Paribas, Société Générale and Crédit Agricole to the Greek economy. States Lean on Public Workers for Bigger Pension ContributionsBy STEVEN GREENHOUSEGaping pension shortfalls are forcing states to get more money from workers, some of whom have already accepted wage freezes and higher health insurance contributions. Maker to Discontinue Drug-Coated StentsBy DUFF WILSONJohnson & Johnson will stop manufacturing drug-coated heart stents by the end of the year after a series of company setbacks and rising concerns about the use of stents in some patients. DealBookPandora Shares Climb in DebutBy EVELYN M. RUSLIShares of the online music service began trading at $20 on the New York Stock Exchange -- the latest sign of investor enthusiasm for Internet stocks. |
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