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 May 7, 2012 Afternoon Update |
 TOP NEWSSplintered Vote Throws Greek Politics Further Into ConfusionBy RACHEL DONADIOA day after Greece's two dominant parties collapsed at the polls, the leader of a center-right party said he had failed to form a coalition amid uncertainty about Greece's staying power inside the euro zone. Austerity Faces Sharper Debate After European ElectionsBy ALAN COWELL and NICHOLAS KULISHAfter voters in elections in France and Greece punished leaders pushing austerity, Europeans contemplated an untested political landscape shaped by demands for both austerity and growth. Election Puts French Afghan Force on NoticeBy ROD NORDLANDFrench troops on course to leave Afghanistan by the end of this year awaited word on whether the new French president will speed up their withdrawal. Amid Protests, Putin Returns to the Presidency in RussiaBy ELLEN BARRY and SOPHIA KISHKOVSKYVladimir V. Putin took the oath of office for the third time Monday, as the police tried to stamp out protests. U.S. Confirms Airstrike Wrongly Killed 6 in Afghan FamilyBy ROD NORDLANDThe strike, which was called in response to a Taliban attack in Sangin district, resulted in the deaths of a mother and five of her children. |
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BUSINESSAmazon Plans Its Next Conquest: Your ClosetBy STEPHANIE CLIFFORDAmazon.com, king of books, toys and other retail categories, is now using its vast resources to become a major seller of high-end clothing. Bank Chief Steps Down as Spain Considers RescueBy RAPHAEL MINDERRodrigo Rato of Bankia, Spain's largest real estate lender, is the most prominent Spanish banker to quit since the start of the European sovereign debt crisis. Markets Are Calm After Political Shake-Up in EuropeBy CHRISTINE HAUSERStocks were mixed Monday on Wall Street as weekend election results in Greece and France added to the uncertainty created by last week's disappointing jobs data in the United States. Abbott to Pay $1.6 Billion Over Illegal MarketingBy MICHAEL S. SCHMIDT and KATIE THOMASAbbott Laboratories said it reached an agreement with the federal and nearly all state governments to pay $1.6 billion in connection with its marketing of the anti-seizure drug Depakote. Google-Oracle Jury Reaches Impasse on Key IssueBy THE ASSOCIATED PRESSA federal jury in San Francisco has reached an impasse on a key issue in Oracle's copyright-infringement case against Google, handing the database-software company a major setback. |
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