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 February 9, 2012 Afternoon Update |
 TOP NEWSMortgage Plan Gives Homeowners Bulk of the BenefitsBy NELSON D. SCHWARTZ and SHAILA DEWANUnder the settlement, about $5 billion would go to states and federal authorities, $17 billion would be earmarked for homeowner relief and $3 billion would go for refinancing. Greeks Reach Deal on Austerity to Meet Condition of BailoutBy RACHEL DONADIO and NIKI KITSANTONISAfter days of talks, Greek political leaders reached a deal Thursday to support a package of harsh austerity measures demanded by Greece's financial backers in return for a bailout. Libya Struggles to Curb Militias as Chaos GrowsBy ANTHONY SHADIDThe Arab world's most sweeping revolution is foundering as the interim Libyan government seems to be paralyzed by its lack of power to control competing militias. Romney Holds a Policy Round Table, but Attendees Must Raise $10,000By NICHOLAS CONFESSOREAt the same time, Mitt Romney attacks his Republican rivals as establishment Republicans. Rubio Receives Warm Reception at CPACBy ERIK ECKHOLMIn a speech to the Conservative Political Action Conference, Marco Rubio extolled the promise of America and how it is being threatened by President Obama. |
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BUSINESSHigh & Low FinanceBanks Come First in a Greek Debt PlanBy FLOYD NORRISA proposed financial rescue package for Greece calls for debt payments as the first priority, whatever happens to Greece itself. After Accord in Athens, Uncertainties Loom for EuropeBy LIZ ALDERMAN and LANDON THOMAS JR.The Greek debt deal opens the door to new uncertainties in Europe, which could once again revive the crisis atmosphere. Central Banks in Europe Hold the Line on Interest RatesBy JACK EWING and JULIA WERDIGIERThe European Central Bank signaled the worst may be over for the euro zone. But the Bank of England said it would increase its purchases of government bonds to bolster the economy. 2 New Reactors Approved in GeorgiaBy MATTHEW L. WALDThe Nuclear Regulatory Commission voted 4-to-1 to grant a license to build two nuclear reactors in Georgia, the first time the commission had done so since 1978. Two Top Executives at Ford to RetireBy BILL VLASICThe retirements of Lewis Booth, the company's chief financial officer, and Derrick Kuzak, Ford's global product chief, had been expected, but could test the depth of the company's management team. |
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