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April 10, 2012 Afternoon Update |
TOP NEWSThe CaucusSantorum Suspends Run for PresidentBy MICHAEL D. SHEAR and JIM RUTENBERGThe decision abruptly ends Rick Santorum's quest for the Republican presidential nomination after weeks in which he has struggled to compete with Mitt Romney's well-financed campaign apparatus. Court Allows Britain to Send 5 to U.S. on Terror ChargesBy ALAN COWELL and JOHN F. BURNSIn a ruling that sets a precedent on sending terror suspects to America, a European court allowed Britain to extradite the cleric Abu Hamza al-Masri and four other defendants.
Murder at Center of Chinese Scandal That Tarred OfficialBy SHARON LaFRANIERE and JONATHAN ANSFIELDBo Xilai, a Communist Party official, was stripped of his most powerful titles, and his wife was held in connection with the suspected murder of a British businessman. Obama to Make Case for 'Buffett Rule'By JACKIE CALMESIn a string of visits to Florida this week, the president will push his proposal to ensure the wealthiest Americans pay at least 30 percent of their income in federal taxes. Wall Street Follows Europe Down SharplyBy CHRISTINE HAUSERStocks on Wall Street were heading down again after four consecutive days of declines, while European stock markets fell by nearly 3 percent. |
MultimediaOpinion |
BUSINESSShould U.S. Services Companies Get Breaks Abroad?By CATHERINE RAMPELLIf American services companies doing business abroad had the same benefits that manufacturers do, some economists say U.S. exports and employment would be far higher than they are now. Sony Revises Expected Loss to $6.4 BillionBy HIROKO TABUCHIThe electronics giant, already battered by a number of factors, doubled its projected net loss for the business year that just ended because of an additional tax expense. Surplus in China Trade Comes as SurpriseBy KEITH BRADSHERExports surged last month, helping to produce an unexpected trade surplus of $5.35 billion in March, but imports grew lethargically, a warning sign for the nation. Best Buy's Chief Executive ResignsBy STEPHANIE CLIFFORDBrian J. Dunn's resignation came less than two weeks after he outlined an ambitious restructuring to revive the struggling electronics retailer. Bits BlogYahoo C.E.O. Hints at a StrategyBy NICOLE PERLROTHScott Thompson told Yahoo's remaining 12,000 employees that he was restructuring the company around three core groups: consumer, regions and technology. |
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