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May 8, 2012 Afternoon Update |
TOP NEWSSenate Republicans Block Bill on Student Loan RatesBy JONATHAN WEISMANSenate Republicans blocked consideration of the bill because they opposed the Democrats' approach to paying for the program, which reduces some student loan interest rates. Democrats Picking Governor Candidate in Wisconsin RecallBy STEVEN YACCINODemocrats cast ballots on Tuesday in a primary election to decide who will face Gov. Scott Walker. Senator in a Primary Fight for His Political LifeBy MONICA DAVEYRichard G. Lugar of Indiana faced trailing poll numbers and doubts among supporters that he could survive a Republican primary challenge in his quest for a seventh term. North Carolina Voters Decide on Same-Sex Marriage AmendmentBy CAMPBELL ROBERTSONOver $3 million has been spent on the rival campaigns in the state, which already has a law banning gay unions. Brown Calls On Warren to Release Law School RecordsBy ABBY GOODNOUGHSenator Scott P. Brown cited "legitimate questions" about whether Elizabeth Warren had claimed American Indian heritage as a way to advance her academic career. |
U.S.Opinion |
BUSINESSNews AnalysisIf Europe Turns Away From Austerity, Who Will Foot the Bill?By JACK EWINGA consensus is emerging that government austerity programs have gone too far, but more borrowing may simply destroy what little investor trust remains. Stocks Fall on Greek TurmoilBy CHRISTINE HAUSER and DAVID JOLLYStocks and the euro fell after the leading party in the Greek Parliament was unable to form a government. Greek Leftists Rule Out Coalition With IncumbentsBy RACHEL DONADIO and NIKI KITSANTONISThe political disarray in Greece raised further doubts on Tuesday about the country's future in the euro zone, as well as fears about the stability of the common currency itself. DealBookAviva Chief Resigns Over Shareholder Pay RevoltBy JULIA WERDIGIERAndrew Moss, the chief executive of the British insurance company Aviva, resigned unexpectedly on Tuesday as a result of shareholder discontent over pay practices. DealBookYahoo Director in C.E.O. Search to Stand DownBy MICHAEL J. DE LA MERCED and EVELYN M. RUSLIPatti S. Hart, the Yahoo director who headed the board search committee that picked Scott Thompson as the company's chief executive, will not stand for re-election. |
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