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 August 26, 2011 Afternoon Update |
 TOP NEWSCity Orders Evacuation of Coastal AreasBy JAMES BARRONWith Hurricane Irene pushing toward the East Coast, officials made plans to shut down the city's mass transit system on Saturday, and the mayor ordered a mandatory evacuation of certain coastal areas. Alert Extends Up the East Coast as Hurricane Irene Closes InBy KATHARINE Q. SEELYE and KIM SEVERSONThe hurricane warning that was put into effect in North Carolina on Thursday was extended up through New Jersey on Friday, and New York and much of the Northeast were placed under hurricane watches. The Lede BlogLatest Updates on Hurricane IreneBy ROBERT MACKEYOn Friday, The Lede is tracking preparations for the expected landfall of Hurricane Irene, a powerful storm heading for the Notheastern United States. Bernanke Blames Politics for Financial UpheavalBy BINYAMIN APPELBAUMIn his much-anticipated speech, the Federal Reserve chairman said the nation's long-term prospects were strong, but suggested that the United States fiscal system was broken. Suicide Bomber Attacks U.N. Building in NigeriaBy SENAN MURRAY and RICK GLADSTONEA suicide bomber driving a vehicle packed with explosives rammed the main United Nations building in the Nigerian capital on Friday, spreading panic among citizens. |
MultimediaOpinion |
BUSINESSCommon SenseFor Seamless Transitions at the Top, Don't Consult H.P.By JAMES B. STEWARTAt Hewlett-Packard, a new chief executive has taken the company in a different direction, and not everyone is pleased. Wall Street Positive After First Slipping on Fed RemarksBy CHRISTINE HAUSERThe market stumbled after the Federal Reserve chairman gave no stimulus signals, but gained sharply later in the day. State Department to Allow Canadian PipelineBy JOHN M. BRODER and CLIFFORD KRAUSSFinal approval of the project will not come before the end of the year, but the agency's report gave every indication that the administration was prepared to see the Keystone XL pipeline to the Gulf of Mexico proceed. Bank of America Said to Be Close to China Bank SaleBy NELSON D. SCHWARTZA consortium of Asian sovereign wealth funds and private equity firms is in negotiations with bankers and could close a deal as early as this weekend, an official briefed on the talks said. DealBookAs Irene Approaches, Banks Prepare for the WorstBy KEVIN ROOSEAs Hurricane Irene travels up the East Coast, New York is steeling itself for disaster, with several big financial firms located in designated flood zones. |
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