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 July 20, 2011 Afternoon Update |
 TOP NEWSBritish Leader Defends His Actions in Hacking CaseBy ALAN COWELLAt a rowdy session of Parliament on Wednesday, Prime Minister David Cameron for the first time seemed to distance himself from a former Murdoch employee he had hired. British Panel Says Murdochs Are Blocking InquiriesBy ALAN COWELLA parliamentary panel investigating Britain's hacking scandal accused the Murdoch empire on Wednesday of "deliberate attempts" to thwart its investigations. News Corp. Stops Paying Investigator's Legal FeesBy GRAHAM BOWLEYThe News Corporation said on Wednesday that it would no longer pay legal fees for Glenn Mulcaire, the private investigator who has been implicated in the phone hacking scandal. The Lede BlogLatest Updates on Phone Hacking ScandalBy ROBERT MACKEYThe Lede continues to follow developments in the phone hacking scandal in Britain on Wednesday. Bipartisan Plan for Budget Deal Buoys PresidentBy JACKIE CALMES and JENNIFER STEINHAUERA group of senators made a new push to win backing for an ambitious deficit-reduction proposal that includes new revenues and deep spending cuts. |
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BUSINESSDespite Cancer Risk, Embalmers Stay With FormaldehydeBy ANDREW MARTINWhile the chemical was recently labeled a carcinogen, undertakers insist nothing else preserves the body well enough for public viewing or for shipping. DealBookChiesi Sentenced in Galleon Insider Trading CaseBy BEN PROTESSA federal judge in Manhattan sentenced Danielle Chiesi, a former beauty queen turned hedge fund trader, to 30 months in prison for trafficking inside information. Talk of Greek Default Builds Before ConferenceBy STEPHEN CASTLE AND JUDY DEMPSEYAhead of a meeting on the European debt crisis, officials pressed for a rescue plan that would push Greece into temporary default, despite warnings. 450,000 to Get Payments in Countrywide SettlementBy GRETCHEN MORGENSONCountrywide Home Loans agreed to pay borrowers $108 million for charging excessive fees when they fell behind on their mortgages. DealBookShares of Zillow Soar 90%By ERIC OWLESNot even the weak housing market can slow down the rush for Internet stocks. Shares in the real estate Web site were at $38 in its first few hours of trading. |
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