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The Caucus By MICHAEL D. SHEAR President Obama said that he was continuing to push for "as large a deal as possible" as he challenged Republicans to live up to their demands to cut the deficit. By CHRISTINE HAUSER Financial markets reflected rising fears that Italy could become the next victim of Europe's debt crisis. By LIZ ALDERMAN and RACHEL DONADIO A power struggle between Prime Minister Silvio Berlusconi and his finance minister, Giulio Tremonti, is threatening to turn Italy's economy into a liability. By ANDREW E. KRAMER Shortly before a riverboat on the Volga went down, children had been moved into an interior play area. By KIM SEVERSON and KIRK JOHNSON A drought that some say could rival the Dust Bowl has spread from Florida, where severe water restrictions are in place, to Arizona, where ranchers could be forced to sell off herds of cattle. |
| Multimedia Negotiations continue over the United States budget; fears mount over Italian debt and the impact on the euro; and the fan who caught Derek Jeter's 3,000th hit and then gave it up faces a five-digit tax bill. Opinion Opinionator | The Stone The crisis of thought and action may never be resolved, but fear not. |
BUSINESS
By STEPHEN CASTLE and JACK EWING With uncertainty about new aid for Greece sparking fears that the debt crisis may spread, the ministers are focusing on how the private sector can help. DealBook By BETTINA WASSENER The deal, one of the biggest ever by a foreign company in China, will expand Nestle's presence there while giving Hsu Fu Chi a bigger international footprint. By JOHN F. BURNS and ALAN COWELL The deputy prime minister urged Rupert Murdoch to drop a bid for British Sky Broadcasting as reports said Murdoch newspapers had used underhanded methods to get information on Gordon Brown. DealBook By CHRIS V. NICHOLSON Peabody Energy and ArcelorMittal are offering 15.50 Australian dollars a share to take a controlling stake in Macarthur, a deal that values the coal miner at $5.1 billion. DealBook By JULIA WERDIGIER Northumbrian Water, a British utility, said on Monday that it had received a takeover proposal worth $3.8 billion from a company controlled by Li Ka-shing, Hong Kong's richest man. |
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