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 February 16, 2012 Afternoon Update |
 TOP NEWSDealBookCollection and Credit Firms Facing Broad New OversightBy BEN PROTESSThe Consumer Financial Protection Bureau proposed a rule that would allow the agency to supervise two significant corners of the financial industry that until now have largely evaded federal scrutiny. SchoolBookNew York Reaches Deal on Teacher EvaluationsBy FERNANDA SANTOS and WINNIE HUA resolution on a teacher evaluation system came after all-night negotiations between state education officials and the teachers' union and included concessions from both sides. Nigerian Gets Life Sentence in Attempt to Bomb PlaneBy THE ASSOCIATED PRESSOn a suicide mission for Al Qaeda, Umar Farouk Abdulmutallab tried to blow up a flight approaching Detroit with a bomb in his underwear on Christmas Day in 2009. For Punishment of Elder's Misdeeds, Afghan Girl Pays the PriceBy ALISSA J. RUBINThe illegal and denounced practice of "baad," the giving of girls as payment for offenses committed by their relatives, is pervasive in parts of Afghanistan, according to human rights workers. The CaucusRomney Decision May End String of DebatesBy ASHLEY PARKERAfter 20 debates, the leader in delegates says enough is enough. |
MultimediaOpinion |
BUSINESSRussian Oil Industry Set to Capitalize on Possible Iran SanctionsBy ANDREW E. KRAMERWith a grade of oil closely resembling Iran's, Russia could reap windfalls from European customers willing to pay premium prices. G.M. Reports Big Profit; Europe LagsBy NICK BUNKLEYGeneral Motors said it earned $7.6 billion last year, up 62 percent from the year before, but losses in Europe cut into its fourth-quarter earnings. Economic Data Pushes Wall Street HigherBy THE ASSOCIATED PRESSInvestors appeared to be reacting to encouraging economic news on unemployment claims and wholesale inflation. DealBookMoody's Weighs Rating Cuts for Major BanksBy JULIA WERDIGIERGoldman Sachs, Morgan Stanley, Deutsche Bank, UBS and more than 100 other financial institutions might have their credit ratings cut by Moody's Investors Service because of increasingly challenging market conditions. Global Financial Task Force to Take on Tax CheatsBy DAVID JOLLYThe move reflects a growing movement toward international cooperation on tax crimes, which could be a red flag for other malfeasance. |
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