الاثنين، 23 أبريل 2012

Afternoon Update: Europe Caught in Vise as Austerity Weakens Economy

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TOP NEWS
News Analysis

Europe Caught in Vise as Austerity Weakens Economy

By JACK EWING and LIZ ALDERMAN

Budget-cutting pain is fueling support for far-left and nationalist parties, but many European leaders simply cannot afford to spend more.

Police Chief in Trayvon Martin Case Expected to Resign

By SERGE F. KOVALESKI

Officials in Sanford, Fla., say Chief Bill Lee Jr. will resign after his department was criticized over its handling of the shooting death of Trayvon Martin.

Bits

Facebook Arms for Patent Fight With $550 Million Deal

By NICK WINGFIELD

Less than two weeks after Microsoft paid AOL more than $1 billion for a trove of its patents, Microsoft is selling or licensing those same patents to its online ally, Facebook, for $550 million.

Edwards Trial on Campaign Finance Begins

By KIM SEVERSON

The political corruption trial is likely to come down to whom the jurors believe: John Edwards or his former campaign aide, Andrew Young.

Who's Rocking to the Music? That's the Chef

By JEFF GORDINIER

For a new generation of chefs, music inspires the way they cook, becoming a pivotal part of their creative process.

Multimedia

Video: TimesCast | April 23, 2012

A leftist wins the first round of the French presidential election | Newly elected officials protest their oath of office in Myanmar | The Nets bid farewell to New Jersey.

Opinion

Opinionator | Anxiety

Prelude to a Kiss

By ALISSA NUTTING

In a house where Catholic devotion fell somewhere between that of Mary Tudor and John Paul II, a first date was its own punishment.

BUSINESS
DealBook

China's Biggest Banks Are Squeezed for Capital

By NEIL GOUGH

Mainland Chinese banks are turning to markets to raise funds, even as they report strong profits and say their balance sheets are solid.

Global Markets Veer Lower on Turbulence in Europe

By VICTORIA SHANNON

Wall Street declined after market indexes in Europe sank 3 percent on a collision of negative political and economic indicators.

U.S. Car Parts Makers Gain Ground in Russia

By ANDREW E. KRAMER

Exports of U.S. automotive components like leaf springs and lead-acid batteries rose 98 percent last year, according to the U.S. Department of Commerce.

Bits Blog

Under Scrutiny, Google Spends Record Amount on Lobbying

By NICOLE PERLROTH

Google spent $5.03 million on lobbying between January and March of this year, a record for the company, and a 240 percent increase from the same quarter a year ago, according to disclosures filed Friday.

DealBook

Nestle to Buy Pfizer's Infant Nutrition Unit for $11.9 Billion

By MARK SCOTT

The Swiss food giant Nestlé agreed on Monday to buy Pfizer's infant nutrition business for $11.9 billion to expand its presence in the global baby food market.

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