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April 2, 2012 Afternoon Update |
TOP NEWSChina Sees U.S. as Competitor and Declining Power, Insider SaysBy JANE PERLEZWang Jisi, an influential Chinese policy analyst, writes that China believes Washington is trying to undermine its economic and military growth. Justices Approve Strip-Searches for Any OffenseBy ADAM LIPTAKThe Supreme Court ruled 5-to-4 that people arrested for any offense, however minor, may be forced to strip before being jailed even if no reasonable suspicion of contraband exists. Race, Tragedy and Outrage Collide After a Shot in FloridaBy DAN BARRY, SERGE F. KOVALESKI, CAMPBELL ROBERTSON and LIZETTE ALVAREZThe fatal encounter between Trayvon Martin and George Zimmerman has polarized the nation, shining an unforgiving light on issues such as race relations and gun control. Investors Are Looking to Buy Homes by the ThousandsBy MOTOKO RICHWith house prices still down, some large investors are creating huge portfolios by buying thousands of homes at deep discounts and then renting them out. A Favored Son Returns to Uphill Battle in NebraskaBy JENNIFER STEINHAUERAfter 12 years away, Bob Kerrey has found himself recast as a carpetbagger in his native state. |
MultimediaOpinion |
BUSINESSDealBookCoty's Bid for Avon Comes After Talks Did Not Result in DealBy MICHAEL J. DE LA MERCEDCoty's $10 billion unsolicited bid for Avon Products didn't come out of the blue. The two companies talked for several months, people briefed on the matter said. Opel's Future Weighs Heavily on German TownBy JACK EWINGAs the West European auto market enters a slump, the burden of reducing its costly production surplus is likely to fall disproportionately on communities like Bochum, Germany. Stocks Turn HigherBy THE ASSOCIATED PRESSStocks opened lower on Monday but then rose after a private survey showed the American manufacturing industry growing. DealBookF.T.C. Clears Express Scripts-Medco DealBy KEVIN ROOSEThe Federal Trade Commission voted 3-1 for Express Scripts to buy Medco, the final hurdle for the $29 billion deal that has created the nation's largest pharmacy benefits provider. Media Decoder BlogSale of Philadelphia Papers Is CompletedBy AMY CHOZICKA group of powerful local businessmen led by George E. Norcross III bought the Philadelphia Media Network, which includes The Inquirer, The Daily News and Philly.com. |
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