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September 19, 2011 Afternoon Update |
TOP NEWSObama Vows Veto if Deficit Plan Has No Tax IncreasesBy HELENE COOPERPresident Obama called for Congress to adopt his plan to reduce the federal deficit by more than $3 trillion over the next decade, calling for tax increases on the wealthiest Americans and biggest corporations. News AnalysisIn Deficit Plan, Obama Drops Compromise for ConfrontationBy BINYAMIN APPELBAUMRather than trying to identify common ground, the president is entering negotiations in the same kind of tough position that Republicans adopted during the debt-ceiling debate. Fighting Erupts for Second Day in Yemeni CapitalBy LAURA KASINOFAfter the worst violence in the capital since March, fierce fighting spilled into a second day on Monday as government security forces battled soldiers who have joined anti-government protesters. Stocks Slide as Greek Talks Drag OnBy CHRISTINE HAUSER and MATTHEW SALTMARSHInvestors shed risky assets in the United States and Europe on Monday in a sign of increasing pessimism about Greece's debt crisis. Profiles in Science | Richard DawkinsA Knack for Bashing OrthodoxyBy MICHAEL POWELLThe Oxford don, a liberal atheist who is arguably the world's most influential evolutionary biologist, continues to turn the prevailing view of evolution and natural selection on its head. |
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BUSINESSFed Runs Risk of Doing Less Than Investors ExpectBy BINYAMIN APPELBAUMThe Federal Reserve is under pressure from investors to act to encourage growth and from Republican presidential candidates and others to refrain from acting. Obama Offers Plan to Cut Deficit by Over $3 TrillionBy HELENE COOPERPresident Obama unveiled a plan on Monday that uses entitlement cuts, tax increases and war savings to reduce the federal deficit by more than $3 trillion over the next 10 years. DealBookTyco to Split Into Three CompaniesBy DEALBOOKTyco International said that it plans to split into three public companies, the latest business to announce a break-up. Netflix to Break Business in TwoBy ELIZABETH A. HARRISReed Hastings said Netflix's DVD-by-mail service would be split apart and renamed Qwikster, and he said he "messed up" in handling recent changes to pricing and subscription services. Airbus Raises Its Forecast for DemandBy NICOLA CLARKThe European plane maker cited expectations of increasing wealth in Asia and growth in low-cost airlines in the United States and Europe. |
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