الخميس، 5 يناير 2012

Afternoon Update: Manufacturing Is Surprising Bright Spot in U.S. Economy

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TOP NEWS
High & Low Finance

Manufacturing Is Surprising Bright Spot in U.S. Economy

By FLOYD NORRIS

Amid signs of improvement in the overall jobs climate, manufacturing stands out as an area of strength in the American economy.

Explosions Across Iraq Kill Dozens Amid Political Crisis

By MICHAEL S. SCHMIDT

At least 24 people were killed on Thursday in attacks on two Shiite neighborhoods in Baghdad, and 44 died in a bombing in the south, raising sectarian tensions.

Obama Describes Refocused Strategy for Leaner Military

By ELISABETH BUMILLER and THOM SHANKER

In an unusual appearance in the Pentagon briefing room, President Obama put his mark on a new military strategy driven by $450 billion in Pentagon budget cuts over the next decade.

How Many Stephen Colberts Are There?

By CHARLES McGRATH

A suburban dad. A fictional television blowhard. And now a political money launderer. How one funny guy became three.

In N.H., Santorum Basks in the Crowds That Long Eluded Him

By MICHAEL D. SHEAR

In the wake of his near victory in Iowa on Tuesday, Rick Santorum has been campaigning throughout New Hampshire, touting his conservative convictions in contrast to Mitt Romney.

Multimedia

Video: TimesCast | January 5, 2012

Explosions kill dozens in Iraq | Rick Santorum takes his message to New Hampshire | Myanmar's first girl band.

Opinion

Opinionator | Townies

Crackup at Radio City

By MERRILL BLACK

I had seen gun barrels behind the makeup counters at Bloomingdale's. Did that make me crazy?

BUSINESS

G.M. to Reinforce Battery in Hybrid Car

By NICK BUNKLEY

The National Highway Traffic Safety Administration said the company's changes "should address the issue" of fire risks in the Chevrolet Volt but that its investigation remained open.

Retailers Post Sales Gains, but Discounts Hurt

By STEPHANIE CLIFFORD

December sales were largely from big markdowns, and retailers including Target, Kohl's and J.C. Penney lowered their fourth-quarter profit expectations.

DealBook

Barnes & Noble Considers Spinning Off Its Nook Unit

By MICHAEL J. DE LA MERCED and JULIE BOSMAN

The company said that it is beginning "strategic exploratory work" to separate the Nook division, in an effort to help the e-reader business grow.

New Chief at Consumer Bureau Promises Vigorous Agenda

By EDWARD WYATT

In a speech, the new director, Richard Cordray, promised "real consequences" for companies that take unfair advantage of consumers of financial products.

French Borrowing Costs Edge Upward

By DAVID JOLLY

Yields on French bonds rose slightly at an auction Thursday, while problems in Italy and Hungary grabbed the attention of investors.

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