الأربعاء، 5 أكتوبر 2011

Afternoon Update: Reid Proposes Surtax on 'the Richest' to Pay for Jobs Plan

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TOP NEWS

Reid Proposes Surtax on 'the Richest' to Pay for Jobs Plan

By ROBERT PEAR

The 5 percent levy on incomes of more than $1 million has little chance of passing, but Democratic leaders hope it draws a contrast with Republicans who have opposed the tax.

Perry Campaign Reports $17 Million Fund-Raising Haul

By NICHOLAS CONFESSORE

A strong quarterly report by Gov. Rick Perry of Texas confirms his reputation as a capable fund-raiser.

Monitor Must Oversee Fire Dept. Hiring Practices, Judge Rules

By ALAN FEUER

In a lacerating decision that accused Mayor Michael R. Bloomberg of willfully ignoring the racial imbalance in the department, a federal judge ruled that a court-appointed authority would be installed to ensure that more minority candidates are hired.

Rev. Fred L. Shuttlesworth, an Elder Statesman for Civil Rights, Dies at 89

By JON NORDHEIMER

Mr. Shuttlesworth survived beatings and bombings in Alabama more than four decades ago as he fought against racial injustice alongside the Rev. Dr. Martin Luther King Jr.

The Lede Blog

Bahrain Orders New Trials for Medical Workers

By J. DAVID GOODMAN

The announcement appeared to be an abrupt reversal for the country's Sunni monarchy, which had appeared intent on dealing severely with protesters.

Dining & Wine

Video: Spatchcocking a Chicken

Melissa Clark, the author of the Good Appetite column, demonstrates a technique that produces an evenly cooked roast chicken.

Opinion

Opinionator | The Conversation

The Long Stagnation

By DAVID BROOKS and GAIL COLLINS

Whether it's riots in Athens, denial in Berlin or protests on Wall Street, the political and cultural effects of the financial crisis continue to reverberate.

BUSINESS

Opposition From Freddie and Fannie Stalls Debt Reduction

By SHAILA DEWAN

Loans are not eligible for debt reduction if they were bought and held or securitized by the two companies, which guarantee more than 70 percent of the country's home loans.

DealBook

2 More UBS Executives Quit Over Trading Loss

By JULIA WERDIGIER

Mike Stewart will head global equities in a management shake-up following the unauthorized trading that resulted in a $2.3 billion loss.

Wall Street Follows European Markets Higher

By JOSHUA BRUSTEIN and DAVID JOLLY

New York stocks opened weaker but gained ground through the afternoon and stocks in Europe broke a three-day losing streak.

Greek Workers Strike to Protest Austerity Program

By NIKI KITSANTONIS

Thousands of Greeks walked off the job on Wednesday to protest a relentless austerity drive by a government that is struggling to avert a default.

Fed Sees Progress in Bank Compensation Plans

By ERIC DASH

The Federal Reserve's long-awaited report said that big banks had taken significant steps in deferring a greater portion of compensation and shifting more pay in the form of stock.

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