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May 17, 2012 Afternoon Update |
TOP NEWSU.S. Rewards Myanmar, Easing Ban on InvestmentsBy STEVEN LEE MYERSThe Obama administration will give American companies far greater license to make investments in Myanmar, allowing the first significant trade with the country in decades. DealBookLong Odds on a Big Facebook PaydayBy NATHANIEL POPPERIf history offers any lesson, average investors may find they face steep odds if they hope to make big money in a much-hyped stock like Facebook.
U.S. Says No D.E.A. Agents Took Part in Honduran ShootoutBy THOM SHANKER and CHARLIE SAVAGEThe episode, which occurred last week in the jungles of Honduras, left several people dead and touched off anti-American protests in the Central American country. Whites Account for Under Half of Births in U.S.By SABRINA TAVERNISENon-Hispanic white births are no longer a majority in the United States, a tipping point that has implications for politics, the economy and a nation's identity. Donna Summer, Queen of Disco, Dies at 63By JAMES C. McKINLEY Jr.Ms. Summer was a five-time Grammy winner who became a superstar in the 1970s with hits like "Last Dance." |
U.S.Opinion |
BUSINESSWal-Mart Concedes Bribery Case May WidenBy STEPHANIE CLIFFORDThe scope of an investigation into foreign bribery issues seemed to have widened at the retailer, which reported higher-than-expected first-quarter earnings. U.S. Slaps High Tariffs on Chinese Solar PanelsBy KEITH BRADSHER and DIANE CARDWELLThe United States Commerce Department concluded that Chinese producers had "dumped" their products on the American market. Senate Confirms Fed Board NomineesBy JOHN H. CUSHMAN Jr.The Senate's votes to approve Jeremy Stein and Jerome Powell bring the seven-member Federal Reserve board to full strength for the first time since 2006. DealBookNames on the Witness List for Gupta's TrialBy PETER LATTMANPossible witnesses who could be called to testify include Lloyd C. Blankfein, Goldman's chief executive, and A.G. Lafley, the former chief executive of Procter & Gamble. Wall Street Stocks SlipBy THE ASSOCIATED PRESSStocks traded lower, as unease about Europe overshadowed a hopeful unemployment report in the United States. |
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