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January 5, 2012 Afternoon Update |
TOP NEWSHigh & Low FinanceManufacturing Is Surprising Bright Spot in U.S. EconomyBy FLOYD NORRISAmid 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 CrisisBy MICHAEL S. SCHMIDTAt 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 MilitaryBy ELISABETH BUMILLER and THOM SHANKERIn 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 McGRATHA 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 HimBy MICHAEL D. SHEARIn 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. |
MultimediaOpinion |
BUSINESSG.M. to Reinforce Battery in Hybrid CarBy NICK BUNKLEYThe 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 HurtBy STEPHANIE CLIFFORDDecember sales were largely from big markdowns, and retailers including Target, Kohl's and J.C. Penney lowered their fourth-quarter profit expectations. DealBookBarnes & Noble Considers Spinning Off Its Nook UnitBy MICHAEL J. DE LA MERCED and JULIE BOSMANThe 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 AgendaBy EDWARD WYATTIn 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 UpwardBy DAVID JOLLYYields on French bonds rose slightly at an auction Thursday, while problems in Italy and Hungary grabbed the attention of investors. |
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