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January 13, 2012 Afternoon Update |
TOP NEWSFrench Rating Cut; More Debt Downgrades Are ExpectedBy LIZ ALDERMANStandard & Poor's Corp. on Friday stripped France of its sterling credit rating as several other euro zone countries, including Italy, were expected to be downgraded more severely. Obama to Ask Congress for Power to Merge AgenciesBy MARK LANDLERThe president announced a new campaign to shrink the federal government, a proposal notable less for its goal than for its challenge to a hostile Congress. On PoliticsObama and Romney Face a Tough Fight for Key GroupBy RICHARD W. STEVENSONIn an election climate largely defined by the anxieties of the middle class, working people are now more likely than not to face a choice in November between two candidates who sometimes seem to have trouble relating to them. Apple Releases List of Its Suppliers for the First TimeBy NICK WINGFIELDThe company is following the lead of many other big corporations, which have released similar lists in the past. Judith Clark's Radical TransformationBy TOM ROBBINSWhy three decades of exemplary behavior behind bars have not earned the Brink's robbery accomplice her freedom. |
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BUSINESSGreek Debt Talks Stall as Markets Remain Jittery About Euro ZoneBy LANDON THOMAS JR. AND DAVID JOLLYItaly on Friday sold the maximum amount of bonds it had targeted, but data from the European Central Bank on overnight bank deposits showed that the market remained jittery. DealBookWeak Quarter Weighs on JPMorgan's 2011 ProfitBy BEN PROTESSJPMorgan Chase kicked off bank earnings season with news that its quarterly profit dropped 23 percent, results that weighed on the full-year profits. Apple Suspends iPhone 4S Sales in Mainland China StoresBy SHARON LaFRANIEREThe move came after Apple's Beijing store failed to open as promised and a frustrated crowd reacted by pelting it with eggs. Ex-S.E.C. Official Settles Conflict CaseBy EDWARD WYATTSpencer C. Barasch, who was said to have hindered federal investigations of fraud at the Stanford Financial Group and later represented the firm, reached a $50,000 civil settlement. New Storage Device Is Very Small, at 12 AtomsBy JOHN MARKOFFFindings from research conducted at I.B.M., being reported Thursday in the journal Science, could lead to a new class of more powerful and efficient nanomaterials. |
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