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March 9, 2012 Afternoon Update |
TOP NEWSU.S. Extends Its Run of Strong Job Growth Another MonthBy SHAILA DEWANThe United States added 227,000 jobs in February, the third straight month of gains over 200,000, while the unemployment rate stayed at 8.3 percent, the Labor Department reported.
The CaucusDuring Factory Visit, Obama Hails Jobs ReportBy JACKIE CALMESVisiting a plant in Virginia, President Obama praised the recent report of strong job growth, saying that the nation has "come a long way." City Inquiry Says Nonprofit Falsified Job Placement DataBy MICHAEL POWELLOne of New York City's largest non-profit job placement agencies claimed to have helped find jobs for at least 1,400 people in less than two years when in fact it had not. Next Time, Greece May Need New TacticsBy LANDON THOMAS Jr.If the country confronts a new cash crunch in coming years, as many expect, it will not be able to use strong-arm tactics to force losses on its bondholders. The Long RunAs Governor, Romney's C.E.O. Style Could Irk LawmakersBy MICHAEL BARBAROFor Massachusetts officials used to the glad-handing of local politics, Mitt Romney was an unfamiliar breed. His approach could offer hints of how a possible President Romney might deal with Congress. |
MultimediaOpinion |
BUSINESSDealBookGreek Credit-Default Swaps Are ActivatedBy PETER EAVISThe International Swaps and Derivatives Association ruled that Greece's debt restructuring would prompt payouts on credit-default swaps tied to the country's government bonds. Shoppers Bypass Salespeople in Favor of Touch ScreensBy STEPHANIE CLIFFORDRetailers like Macy's and Nordstrom are accommodating younger consumers who prefer using technology to research products instead of asking employees. DealBookEl Paso Shareholders Approve Kinder Morgan TakeoverBy EVELYN M. RUSLICasting aside the controversy over the deal, investors of the natural gas pipeline operator approved Kinder Morgan's $21.1 billion bid. DealBookDynegy Bankruptcy Examiner Finds Fraudulent TransferBy STEPHEN J. LUBBENThe fraudulence conveyance finding by the court-appointed examiner means that Dynegy Holdings can sue its non-bankrupt parent company to undo the transfer. India's Central Bank Cuts Reserve Requirements for BanksBy VIKAS BAJAJIn a move meant to alleviate growing stress in its financial system, India's central bank on Friday sharply reduced the amount of money banks have to hold in reserve. |
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