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 November 28, 2011 Afternoon Update |
 TOP NEWSJudge Blocks Citigroup Settlement With S.E.C.By EDWARD WYATTJudge Jed Rakoff said the proposed $285 million settlement over the sale of toxic mortgage debt was "neither fair, nor adequate, nor in the public interest" and ordered a trial. The CaucusBarney Frank to Quit House After 30 YearsBy ABBY GOODNOUGH and BEN PROTESSThe Massachusetts congressman announced his departure from Congress at an afternoon news conference. Pressure Mounts for Urgent Action to Avert a Euro Zone SplitBy LIZ ALDERMAN AND STEPHEN CASTLEWarnings grew Monday of danger from political disunity and stasis in Europe. A Shopping Day Invented for the Web Comes of AgeBy CLAIRE CAIN MILLERAfter a record-breaking Black Friday, online retailers geared up for Cyber Monday, which has become an undeniably real thing - surprising even the people who invented it. Lana Peters, Stalin's Daughter, Dies at 85By DOUGLAS MARTINBorn Svetlana Stalina, she changed her name twice and lived in several countries after her famous defection from the Soviet Union in 1967. |
BusinessOpinion |
BUSINESSG.M. Declares Chevy Volt SafeBy BILL VLASICGeneral Motors executives defended the safety of Chevrolet Volt batteries, which are under federal investigation for post-crash fires, and said it would provide free loaner cars to Volt owners worried about their vehicles. Stocks Jump on Wall Street and in EuropeBy CHRISTINE HAUSER and DAVID JOLLYMarkets climbed 3 percent on Monday amid signs that key euro zone countries were closing in on new debt measures. Greeks Balk at Paying Steep New Property TaxBy SUZANNE DALEYMany Greeks, especially those on small fixed pensions, said they simply had no means to pay a new tax, which does not take income into account. DealBookZynga's Tough Culture Risks a Talent DrainBy EVELYN M. RUSLIA data-driven culture, which has been at the root of Zynga's success, could become a serious liability, several former senior employees warn. DealBookWith Asset Sale, Tepco to Raise $2.4 BillionBy HIROKO TABUCHIThe Tokyo Electric Power Company, operator of the crippled nuclear power plant at Fukushima, Japan, said it would raise 186 billion yen by selling its entire stake in the mobile network operator KDDI. |
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