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March 12, 2012 Afternoon Update |
TOP NEWSAttack Widely Condemned by Afghans as U.S. InvestigatesBy TAIMOOR SHAH and GRAHAM BOWLEYThe unexplained massacre by an American soldier brought a moment of unity to three major factions as Afghan officials, civilians and insurgents united in denouncing the attack. Justice Dept. Blocks Texas Law Requiring Photo ID at PollsBy CHARLIE SAVAGEThe Civil Rights Division contended that the rule would disproportionately suppress turnout among eligible Hispanic voters. Banks to Face Tough Reviews, Details of Mortgage Deal ShowBy NELSON D. SCHWARTZThe details of the agreement include how much credit the five mortgage servicers will receive for varying levels of loan forgiveness. Solyndra Is Blamed as Clean-Energy Loan Program StallsBy BILL VLASIC and MATTHEW L. WALDSome companies contend that federal loans for developing fuel-efficient cars have dried up because of a political firestorm that followed the bankruptcy last year of the solar-panel company Solyndra. Artifacts Show Sophistication of Ancient NomadsBy JOHN NOBLE WILFORDRecent excavations have dispelled notions that nomadic societies on the arid Eurasian steppes were less developed than many sedentary ones. |
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BUSINESSIndia Overrules Bayer, Allowing Generic DrugBy VIKAS BAJAJ and ANDREW POLLACKIn granting the nation's first compulsory license of a patented drug, the government said a generic drug company can now sell the cancer pill for 3 percent of the price Bayer charges. Trade Group Upholds Ruling on Boeing SubsidiesBy CHRISTOPHER DREW and NICOLA CLARKThe World Trade Organization affirmed that Boeing received $5 billion in improper subsidies, giving it an unfair advantage over Airbus, but both sides were claiming victory in the decision. China Hints at Easing Monetary PolicyBy IAN JOHNSONThere is "a lot of room to adjust" the amount banks are allowed to lend, the central bank governor said, referring to the method the country has successfully used to bring down property prices. PepsiCo Executives Line Up Behind C.E.O.By STEPHANIE STROMThe changes laid out a potential line of succession to Indra K. Nooyi and were aimed at addressing investor concerns over its stock price. CNN in Talks to Acquire Mashable, Sources SayBy BRIAN STELTERCNN, a unit of Time Warner, and Mashable are in advanced talks that may lead to an acquisition of the social news Web site, three people with knowledge of the talks said. |
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