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April 17, 2012 Afternoon Update |
TOP NEWSDealBookCitigroup Shareholders Reject Executive Pay PlanBy JESSICA SILVER-GREENBERGCitigroup's shareholders rejected the bank's plan to award its chief executive, Vikram Pandit, $15 million in compensation, in a show of frustration about Wall Street pay. Profits and Bond Sale Lift MarketsBy VICTORIA SHANNONStock markets surged on encouraging corporate profits, a well-received sale of government debt in Spain and a recovery in Apple stock. New Evidence Cited in Secret Service Prostitution InquiryBy MICHAEL S. SCHMIDTThe Secret Service has evidence against all 11 agents under investigation for alleged misconduct in Colombia, a House committee chairman said. Britain Arrests Muslim Cleric, Again Seeking DeportationBy RAVI SOMAIYA and ALAN COWELLAbu Qatada, regarded by British officials as one of Al Qaeda's main inspirational leaders in Europe, was let out of prison in February after a court blocked his deportation to Jordan. The TV WatchThe Prisoner as Talk Show HostBy ALESSANDRA STANLEYUnder house arrest in Britain, Julian Assange, the founder of WikiLeaks, unveiled a new talk show on Tuesday with his own version of a sensational get: the Hezbollah leader Hassan Nasrallah. |
MultimediaOpinion |
BUSINESSMobile Carriers Warn of 'Spectrum Crisis'; Others See HyperboleBy BRIAN X. CHENAs data usage multiplies on mobile devices, carriers are making more intense use of the network. But scientists and engineers say there are ways to greatly improve efficiency. DealBookGoldman's First-Quarter Earnings Fall 23%, but Beat EstimatesBy SUSANNE CRAIGGoldman's first-quarter profit fell, but its results were ahead of estimates. The firm will also increase its quarterly dividend on common stock to 46 cents a share, from 35 cents a share. French Presidential Election Stokes Investor ConcernBy LIZ ALDERMANInvestors are now wrestling with the implications of a potential victory by the Socialist candidate, François Hollande, who has pledged to raise taxes on the rich and increase government spending. The CaucusObama Calls for Increased Oversight of Oil MarketsBy HELENE COOPERPresident Obama announced a plan to crack down on oil market manipulation, calling on Congress to increase federal supervision of oil markets and to provide a way for bigger penalties for those who manipulate markets. DealBookDewey Loses Eight More Partners as Departures AccelerateBy PETER LATTMANAt least 66 of the 300 partners at Dewey & LeBoeuf have left the firm since the beginning of the year. Dewey missed its financial targets last year and cut its partners' salaries, many of which were guaranteed. |
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