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 May 3, 2012 Afternoon Update |
 TOP NEWSActivist Asks to Leave China, Deepening U.S. PredicamentBy JANE PERLEZAn American official on Thursday said that Chen Guangcheng had reversed his position and now wanted to leave China, injecting new uncertainty into a tense diplomatic situation. A Car Chase, Secret Talks and Second ThoughtsBy JANE PERLEZ and ANDREW JACOBSDetails of intrigue, heroics and ultimately what some people involved called a betrayal emerged from Chen Guangcheng's saga. DealBookFacebook Sets I.P.O. Price Range at $28 to $35By EVELYN M. RUSLIAt the midpoint of its offering range, the social networking company is on track to raise $10.6 billion, in a debut that could value the company at $86 billion. Qaeda Rifts Seen in Documents Found in Bin Laden HideoutBy PETER BAKERAl Qaeda's senior leadership was riven with debates on tactics, strategy and even marketing in the months leading up to the raid that killed Osama bin Laden. Palestinian Resistance Shifts to Hunger StrikesBy JODI RUDORENWith the peace process stalled, analysts see nonviolent resistance as a critical tactic for the Palestinian national movement. |
MultimediaOpinion |
BUSINESSEuropean Central Bank Opposes Higher TaxesBy RAPHAEL MINDER and JACK EWINGThe president of the European Central Bank said that opting for the "easier road" of raising taxes to balance budgets would not solve Europe's problems. G.M. Profit Falls, but Surpasses ForecastsBy NICK BUNKLEYGeneral Motors said its first-quarter income increased 30 percent in North America, but a loss in Europe and a one-time charge contributed to a 69 percent decline in total earnings. U.S. Retail Sales Slow UnexpectedlyBy STEPHANIE CLIFFORDNineteen chains reported a 0.8 percent increase in sales at stores open at least a year on average, missing the 1.5 percent gain that analysts forecasted. DealBookIn Debut, Carlyle Stock Opens FlatBy MICHAEL J. DE LA MERCEDShares in the Carlyle Group began trading at $22 on Thursday, in a lackluster start to the investment giant's new life as a publicly traded firm. Stocks Slip Before April Jobs DataBy REUTERSWall Street shares were down in advance of Friday's government report on unemployment. On Thursday, one report showed a drop in weekly jobless claims and another showed soft retail sales. |
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