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 December 12, 2011 Afternoon Update |
 TOP NEWSSupreme Court to Rule on Immigration Law in ArizonaBy ADAM LIPTAKThe Obama administration challenged parts of the tough immigration law in court, saying it could not be reconciled with federal immigration policies. Billionaire and Ex-Minister to Oppose Putin in Russian Presidential ElectionBy ELLEN BARRY and DAVID M. HERSZENHORNMikhail D. Prokhorov, a billionaire industrialist and owner of the New Jersey Nets, said on Monday that he would challenge Prime Minister Vladimir V. Putin for the Russian presidency.
Markets Slide on Euro and IntelBy CHRISTINE HAUSER and DAVID JOLLYInvestors expressed increasing disappointment in a plan for more fiscal discipline in the euro zone; they also sold stocks after Intel lowered its sales forecast for the quarter. Iowa Evangelicals Divided Over Caucus EndorsementBy SUSAN SAULNYConservative Christian voters cannot agree on which Republican presidential candidate to support, finding faults based on principle or electability. City RoomPolice Officer Shot and Killed in BrooklynBy ANDY NEWMANA 22-year veteran police officer was fatally shot in the face at the scene of a home robbery in Cypress Hills on Monday. |
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BUSINESSCelebration Succumbs to Concern for Euro ZoneBy LIZ ALDERMANMoody's said Europe's debt crisis remained at a "critical and volatile stage" even after an agreement to strengthen political ties was reached last week. An Alarming Greek Contingency: What if It Drops the Euro?By LANDON THOMAS Jr.A growing number of legal and financial experts, to say nothing of the Greeks themselves, are examining in detail what would happen if Greece abandoned the euro. Cameron Addresses British Parliament Over Veto on Europe TreatyBy SARAH LYALL and ALAN COWELLPrime Minister David Cameron of Britain appeared before lawmakers on Monday to explain his veto of proposed European treaty changes last week. Bits BlogIntel Expects Lower Revenue Because of Drive ShortageBy QUENTIN HARDYThe chip maker expects quarterly earnings will fall to $13.7 billion, instead of an earlier expectation of $14.7 billion because of a shortage of disk drives, caused by the floods in Thailand. Judge Grants Delay in Challenge to AT&T MergerBy EDWARD WYATTA federal judge on Monday agreed to put on hold the Justice Department's challenge to the proposed merger of AT&T and T-Mobile USA. |
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