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August 25, 2011 Afternoon Update |
TOP NEWSDealBookBuffett Invests $5 Billion in Bank of AmericaBy BEN PROTESS and SUSANNE CRAIGOn Thursday, Berkshire Hathaway, run by Mr. Buffett, announced plans to invest $5 billion in Bank of America, a vote of confidence for the beleaguered financial firm. NATO Helps in Hunt for Qaddafi as Rebels Gain MomentumBy KAREEM FAHIM, ALAN COWELL and RICK GLADSTONERebels battled loyalists near Col. Muammar el-Qaddafi's former Tripoli fortress, as Western officials said NATO was actively helping in the effort to find the elusive leader.
Hurricane Irene Moves Slowly, Gathering StrengthBy TIMOTHY WILLIAMS and SHANNAN BOWENThe massive storm inched north on a path that could have it making landfall on the North Carolina coast Saturday and in the Northeast on Sunday. Steve Jobs Reshaped IndustriesBy DAVID POGUEIt's hard to imagine that we'll ever see another 15 years of blockbuster, culture-changing hits like the iMac, iPod, iPhone and iPad - from Apple or anyone else. Without Its Master of Design, Apple Will Face Many ChallengesBy STEVE LOHRNo immediate changes to Apple products will be discernible with Mr. Jobs's departure, but questions may arise in the future. |
MultimediaOpinion |
BUSINESSAttention to Detail, Noted in 313 PatentsBy MIGUEL HELFTThe patents that carry Steven Jobs's name help reveal a chief executive whose design choices reached into every corner of the company. Wall Street Lower Despite Buffett's BetBy CHRISTINE HAUSERWarren Buffett's investment in Bank of America was unable to turn the market around in the face of rising jobless claims and the loss of Steven P. Jobs as Apple's chief executive. France, Italy and Spain Extend Short-Selling BansBy BLOOMBERG NEWSFrench, Italian and Spanish stock market regulators decided Thursday to extend temporary bans on short-selling introduced this month in a bid to stem market volatility. Gaps Remain in Girding Europe's BanksBy JACK EWINGEuropean banks are better armored for a crisis than they were in 2008, analysts say, but some still doubt whether the protection is enough to withstand another big shock. Labor Agency to Require Posting Unionization RightsBy STEVEN GREENHOUSEUnder new regulations from the National Labor Relations Board, companies must post notices that inform employees about their rights to unionize under federal law. |
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