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 December 30, 2011 Afternoon Update |
 TOP NEWSLarge Protests Held in Syria to Prove Discontent to MonitorsBy KAREEM FAHIM and HWAIDA SAADSyrian security forces opened fire on several of the demonstrations on Friday, according to activists, as hundreds of thousands staged protests across the country. Global Markets Fail to Post Gains in 2011By CHRISTINE HAUSERStock markets around the world closed out 2011 on a positive note for the day but with double-digit declines for the year. On Wall Street, shares were little changed. On Gay Rights, Obama Lets Aides Take the LeadBy MARK LANDLERThe president is reluctant to be drawn into the issue in an election year, although support for gay rights is growing. Bits BlogVerizon Drops Plan for $2 Fee on Some Bill PaymentsBy BRIAN X. CHENVerizon Wireless has canceled plans to impose a $2 "convenience fee" on some bill payments, just a day after announcing the new policy. The company said the move came in response to customer feedback. City RoomAt a Brooklyn Music Store, Resolving to AdaptBy DAVID GONZALEZWorking to keep the Latin sound alive in a small pocket of Brooklyn. |
MultimediaOpinion |
BUSINESSWhen Investors Rush In, and Out, TogetherBy GRAHAM BOWLEYThe prices of financial assets, which in normal conditions move in unpredictable directions, are increasingly surging up or down in lock step. Off the ChartsThe Year the Governments Lost Their CredibilityBy FLOYD NORRISIn 2011, European governments badly underestimated the debt crisis and the United States nearly defaulted and had its credit rating cut. Tax Benefits From Options as Windfall for BusinessesBy DAVID KOCIENIEWSKICompanies that granted stock options after the 2008 stock market collapse are benefiting from those awards too - in the form of tax savings. Spain Raises Deficit ForecastBy THE ASSOCIATED PRESSSpain's new conservative government forecast the country's 2011 budget deficit at 8 percent of its gross domestic product. Index Points to Weakness in Chinese EconomyBy REUTERSThe HSBC purchasing managers' index edged up to 48.7 in December, from a 32-month low of 47.7 in November. An index reading under 50 indicates contraction. |
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