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 November 30, 2011 Afternoon Update |
 TOP NEWSCentral Banks Take Joint Action to Ease Debt CrisisBy BINYAMIN APPELBAUMSix central banks, including the Federal Reserve and the European Central Bank, said they had agreed to lower the cost of borrowing dollars for foreign banks. China, in Surprising Shift, Takes Steps to Spur Bank LendingBy KEITH BRADSHERCommercial banks will be allowed to keep a slightly lower percentage of their deposits at the Chinese central bank as reserves. Stocks Surge on Action by Central BanksBy CHRISTINE HAUSERShares were buoyed by the effort to address the debt crisis in the euro zone. It's the EconomyEurope's Financial Crisis, in Plain EnglishBy ADAM DAVIDSON, JACOB GOLDSTEIN and CAITLIN KENNEYSimple answers to complicated questions about what's wrong with Europe and whether it can be fixed. Clinton Arrives in Myanmar to Assess Pace of ChangeBy STEVEN LEE MYERSSecretary of State Hillary Rodham Clinton's visit is both a reward for Myanmar's progress and an attempt to press for more significant reforms. |
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BUSINESSBoeing Reaches Deal With MachinistsBy THE ASSOCIATED PRESSThe agreement secures a new four-year contract nine months before the current one expires and calls for the 737 Max aircraft to be built at union facilities in Renton, Wash DealBookIn Rajaratnam Hearing, Judges Focus on Flight RiskBy PETER LATTMANA lawyer for Raj Rajaratnam appeared before a judicial panel in a Lower Manhattan courtroom on Wednesday in a final attempt keep her client out of prison while he appealed his insider trading conviction. Media Decoder BlogTime Warner Picks New Head for Time Inc. Magazine UnitBy AMY CHOZICKThe selection of Laura Lang, the head of the digital ad agency Digitas, would add online expertise to the country's largest magazine publisher. Britons Strike as Government Extends Austerity MeasuresBy SARAH LYALL and ALAN COWELLPublic sector workers on Wednesday began Britain's biggest strike in a generation, a day after the government said that it was falling behind with its deficit reduction plan. A New Shot at Mortgage ReliefBy MOTOKO RICHThe two-year-old Home Affordable Refinance Program would double in size to assist about 900,000 more homeowners. |
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