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February 7, 2012 Afternoon Update |
TOP NEWSCourt Strikes Down Ban on Gay Marriage in CaliforniaBy ADAM NAGOURNEYA federal appeals court panel ruled Tuesday that a voter-approved ban on gay marriage in California violated the Constitution, all but ensuring the case will proceed to the United States Supreme Court. The CaucusWhite House May Compromise on ContraceptionBy MICHAEL D. SHEARThe Obama administration has faced resistance over a new rule that requires insurance plans at some religious institutions to cover birth control. Romney's Returns Revive Scrutiny of Offshore Tax SheltersBy JONATHAN WEISMANExperts say Mitt Romney appears to have benefited from an investment technique that has long frustrated Congress. After Outcry, a Top Official Resigns at Cancer CharityBy JENNIFER PRESTONKaren Handel's resignation Tuesday came after a dispute over whether the Susan G. Komen for the Cure foundation should give funding to Planned Parenthood. U.S. Planning to Slash Iraq Embassy Staff by Up to HalfBy TIM ARANGOThe State Department is preparing to slash the huge diplomatic presence it had planned for Iraq, a sharp sign of declining American influence in the country. |
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BUSINESSAs Economy Slows, India Awakens to Need for Foreign InvestmentBy VIKAS BAJAJIndia's central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish. DealBookBig Xstrata Shareholders Balk at Glencore TakeoverBy MARK SCOTTSome major shareholders in Xstrata spoke out against a deal that would create a global diversified mining company with a market value of nearly $90 billion. Bernanke Defends Fed's ApproachBy BINYAMIN APPELBAUMBefore the Senate Budget Committee, the Federal Reserve chairman continued to defend against criticism of efforts to simultaneously control inflation and unemployment. Greece Puts Off Talks a Day as Workers StrikeBy NIKI KITSANTONISMissing another deadline, the government failed to reach agreement with creditors Tuesday, and Greek workers walked off the job to protest austerity measures. Walmart to Label Healthy FoodsBy STEPHANIE STROMAs the country's largest grocery store chain and one that caters in particular to budget-conscious consumers, Walmart plays an influential role in the health of American families. |
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