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January 11, 2012 Afternoon Update |
TOP NEWSJustices Grant Leeway to Churches in Job Bias LawsBy ADAM LIPTAKThe Supreme Court for the first time recognized a "ministerial exception" to employment discrimination laws, saying religious groups must be free to choose leaders without government interference. Iran Reports Killing of Nuclear Scientist in 'Terrorist' BlastBy ALAN COWELL and RICK GLADSTONEAmid growing tension over its nuclear program, Iran blamed the United States and Israel on Wednesday for a reported bombing that killed a scientist in Tehran. Secretary's Ouster in Pakistan Adds to Tension With ArmyBy SALMAN MASOODThe prime minister fired his defense secretary as the government drew closer to a collision with the powerful military. South Carolina Voters Weigh Their Priorities as Primary NearsBy KIM SEVERSONIn a state of stark differences between haves and have nots, Republican voters are weighing their priorities: economic recovery versus socially conservative concerns. Romney Says N.H. Results Show Attacks on Him FailedBy MICHAEL D. SHEARA day after his drubbing of the Republican field, Mitt Romney assailed the angry attacks about his work for Bain Capital and urged his opponents to settle on what he called a "new course." |
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BUSINESSDealBookFor Europe, Few Options in a Vicious Cycle of DebtBy PETER EAVISEuropean Union countries will need to sell billions of dollars in bonds every week in 2012 to replace existing debt, and policymakers and investors are watching upcoming debt auctions for signs of weakness. DealBookRegulator Adopts New Customer Protection RulesBy BEN PROTESSThe Commodity Futures Trading Commission rules seek to protect the accounts of swaps customers by segregating them from a brokerage firm's money. Monti, in Berlin, Calls for Growth Policies in EuropeBy NICHOLAS KULISHItaly's technocratic prime minister, Mario Monti, said that austerity alone was not the answer to Europe's debt crisis, and that Italy could deteriorate without assistance from European institutions. Data Show German Economy StallingBy DAVID JOLLYThe government reported that the German economy expanded by 3 percent in 2011, but estimated that it actually contracted in the final quarter of the year. DealBookHostess Files for BankruptcyBy BEN PROTESSHostess Brands, the baking company best known for its sweet treats like Twinkies and Ding Dongs, filed for bankruptcy just three years after emerging from an earlier restructuring process. |
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