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 April 13, 2012 Afternoon Update |
 TOP NEWSRocket Failure Is Setback for North Korea's New LeaderBy CHOE SANG-HUNFor Kim Jong-un, North Korea's failure to put a satellite into orbit, after drawing international condemnation over the attempt, was a $1 billion humiliation. Obamas Paid 20.5% in Income Taxes, 2011 Returns ShowBy MARK LANDLERThe president and his wife reported adjusted gross income of $789,674 in 2011 and paid just over 20 percent of it to the federal government in taxes. News AnalysisComing Soon: 'Taxmageddon'By DAVID LEONHARDTAfter this year's election, major tax increases and spending cuts will come into effect - unless a lame-duck Congress and President Obama can agree on an alternative. First Step at Iran Nuclear Talks Is Rebuilding TrustBy STEVEN ERLANGERIran agreed to resume talks with six major world powers, raising hopes that it might be ready to strike a deal. Newark Mayor Says He 'Felt Terror' in Fire RescueBy ANDY NEWMAN and NATE SCHWEBERMayor Cory A. Booker, who saved a woman from her burning house, said that "there was a time when I didn't think we'd make it out of there." |
MultimediaOpinion |
BUSINESSRussian Lender Building Its Own Bloc in Eastern EuropeBy ANDREW E. KRAMERAn acquisition campaign that expands Sberbank in eight Eastern European countries might seem like a banker's version of rebuilding the old Soviet bloc. DealBookJPMorgan Chase's Earnings Beat ExpectationsBy NELSON D. SCHWARTZThe bank said it earned $1.31 a share in the first quarter of 2012, compared with $1.28 a share in the same period a year ago. DealBookWells Fargo Profit Rises 13%, as Revenue IncreasesBy BEN PROTESSWells Fargo reported earnings of $4.2 billion, or 75 cents a share, as its loan portfolio continued to improve. DealBookGoldman's Blankfein Collects $12 MillionBy SUSANNE CRAIGLloyd C. Blankfein, the chief executive of Goldman Sachs, saw his pay fall roughly 35 percent to $12 million in 2011, when the firm's stock tumbled 46.2 percent. DealBookNew Share Class Gives Google Founders Tighter ControlBy STEVEN M. DAVIDOFFGoogle's creation of a class of nonvoting shares that will be issued for employee stock incentive plans, acquisitions and other stock sales will allow the founders, Sergey Brin and Larry Page, to maintain control. |
Obama's 2011 Tax Return
Timeline: Iran, the United States and a Nuclear Seesaw
Video: Booker's Press Conference
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