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September 15, 2011 Afternoon Update |
TOP NEWSCentral Banks Act in Concert to Ease Fears on Europe DebtBy JACK EWINGMajor central banks moved Thursday to remove doubts about the ability of European banks to borrow dollars, opening new lines of credit to institutions for longer periods than before. DealBookUBS Reports $2 Billion Loss by Rogue TraderBy MATTHEW SALTMARSHA 31-year-old man who works for Switzerland's largest bank was arrested Thursday morning in London on suspicion of fraud. Cameron and Sarkozy in Tripoli to Meet New Libyan LeadersBy ROD NORDLAND, ALAN COWELL and RICK GLADSTONEPrime Minister David Cameron arrived in Libya on Thursday to join President Nicolas Sarkozy of France in a joint visit to the country's rebel leaders. Famine Hits Somalia in a World Less Likely to InterveneBy JEFFREY GETTLEMANWith hundreds of thousands at risk of starvation, the response from aid agencies and governments so far has been well short of what is needed to stem the crisis. NASA Detects Planet Dancing With a Pair of StarsBy DENNIS OVERBYEAstronomers say the Kepler telescope has found the first planet that has been definitively shown to be orbiting two suns at once. |
MagazineOpinion |
BUSINESSDealBookJohn Mack Stepping Down as Chairman of Morgan StanleyBy SUSANNE CRAIGJames P. Gorman, the firm's chief executive, is expected to take the chairman's job as well. House Clears Bill Restricting N.L.R.B.By STEVEN GREENHOUSEOn a party-line vote, the House approved a G.O.P.-backed bill that would prohibit the National Labor Relations Board from blocking Boeing from operating an aircraft assembly line in South Carolina. Automakers and U.A.W. Are Still TalkingBy NICK BUNKLEYThe United Automobile Workers resumed negotiations on Thursday on contracts with General Motors and Chrysler after extending their deadline. Inflation Slowed in August, Reflecting a Weak EconomyBy CHRISTINE HAUSERThe Labor Department said that the Consumer Price Index was up 0.4 percent last month, a slight deceleration compared with a 0.5 percent rise in July. Media Decoder BlogNetflix Stock Falls After Change in PricingBy BRIAN STELTERNetflix stock dropped almost 15 percent after the company said more people were canceling their subscriptions than was expected. |
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