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December 21, 2011 Afternoon Update |
TOP NEWSSyria Reported to Kill 100 on Eve of Visit by ObserversBy KAREEM FAHIMWord of the killings came a day before observers from the Arab League are to visit Syria for the first time to monitor the government's pledges to withdraw its troops from besieged areas. Central Bank Loans Ease Euro Credit Strain, for NowBy DAVID JOLLY AND JACK EWINGBanks lined up for almost half a trillion euros in cheap three-year loans, part of an unprecedented effort to keep credit flowing in the euro zone. Successor in North Korea Moves to Consolidate PowerBy CHOE SANG-HUNNorth Korean television showed senior military leaders saluting Kim Jong-un on Wednesday, as the young leader moved to tighten internal security. 8 Charged in Death of Fellow Soldier, U.S. Army SaysBy KIRK SEMPLEThe type of charges seems to suggest that investigators believe the soldiers' actions led Private Danny Chen to commit suicide, not that they killed him. DealBookYahoo to Consider Sale of Asian AssetsBy EVELYN M. RUSLI and MICHAEL J. DE LA MERCEDYahoo's board will consider selling its holdings in Alibaba Group and its Japanese affiliate back to their majority holders in a complicated tax-free deal valued at about $17 billion. |
WorldOpinion |
BUSINESS$335 Million Settlement on Countrywide Lending BiasBy CHARLIE SAVAGEThe Justice Department said Bank of America had agreed to a record fair-lending settlement over allegations of discriminatory practices by a mortgage subsidiary. Court Upholds Europe's Plan to Charge Airlines for Carbon EmissionsBy NICOLA CLARKA decision by the European Union's highest court on Wednesday could spark a trade war with countries that oppose being forced into Europe's carbon-trading system. Authorities Raid Olympus Offices in TokyoBy HIROKO TABUCHIInvestigators moved into high gear after a panel of experts said that two senior former executives masterminded the cover-up with the help of investment bankers. DealBookEmbattled Fortress Chief Takes Leave of AbsenceBy BEN PROTESS and AZAM AHMEDDaniel H. Mudd, a former head of Fannie Mae who faces S.E.C. charges, is taking a leave of absence from his role as chief executive of the Fortress Investment Group. Walgreen Faces Loss of Millions of Pharmacy CustomersBy BRUCE JAPSENWalgreen, in a payment battle with Express Scripts, said it had failed to get most of its customers who use Express Scripts to switch to another benefit manager. |
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