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 December 28, 2011 Afternoon Update |
 TOP NEWSItaly's Debt Cost Dips, but Its Economic Perils RemainBy RACHEL DONADIOFinancial market pressure on Italy eased temporarily on Wednesday, but the political pressure on Prime Minister Mario Monti to stimulate the country's economy remained high. Bishops Say Rules on Gay Parents Limit Freedom of ReligionBy LAURIE GOODSTEINFor Roman Catholic bishops, a fight over adoption rules in Illinois is prime example of what they see as an escalating campaign by the government to trample on their religious freedom. North Korean Mourners Line Streets for Kim Jong-il's FuneralBy CHOE SANG-HUNWailing crowds mourned Kim Jong-il at a Wednesday funeral procession in Pyongyang that also offered glimpses of who will be guardian to Kim Jong-un, North Korea's untested new leader. The CaucusLatinos Support Obama, Despite Deportation PoliciesBy JULIA PRESTONIn a poll of Latino voters, President Obama is overwhelmingly favored over the Republican presidential candidates. Arts & LeisureApropos AppropriationBy RANDY KENNEDYBeyond the legal questions in a copyright infringement lawsuit involving the artist Richard Prince, the case asks if the flow of creative expression, riding a tide of instantly accessible digital images, can be slowed. |
WorldOpinion |
BUSINESSIn Solar Power, India Begins Living Up to Its Own AmbitionsBy VIKAS BAJAJTwo years ago, India said it would drastically increase its use of solar power by 2020. Many analysts said it couldn't be done. Now they aren't so sure. Italy's Borrowing Costs Drop Sharply at AuctionBy HARVEY MORRISThe successful sale of six-month Treasury bills appeared to reflect the impact of a new austerity package in Italy, as well as an infusion of liquidity into euro zone banks last week. Noise Level Rises Over Iran Threat to Close Strait of HormuzBy RICK GLADSTONEThe belligerent tone between the U.S. and Iran escalated over an Iranian vow to close a vital Middle East waterway for oil tanker traffic, if Western powers attempt to stifle Iran's petroleum exports. DealBookMorgan Stanley to Cut 580 Jobs in New YorkBy BEN PROTESSMorgan Stanley will slash 580 jobs in New York as part of a broader wave of layoffs underway at the bank, according to a public filing. Slicing Costs, and Still ServingBy WILLIAM NEUMANKept open by bankrupt chains, zombie restaurants make just enough to cover basic costs, resulting in a glut of eateries chasing after scarce dining dollars. |
The Lede: U.S.-Made Limos Stand Out
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