TOP NEWS
High & Low Finance
Manufacturing Is Surprising Bright Spot in U.S. Economy
By FLOYD NORRIS
Amid signs of improvement in the overall jobs climate, manufacturing stands out as an area of strength in the American economy.
Family members comforted Saif Abdulasada, whose leg was amputated after a motorcycle bomb explosion in Baghdad's Sadr City on Thursday. |
Explosions Across Iraq Kill Dozens Amid Political Crisis
By MICHAEL S. SCHMIDT
At least 24 people were killed on Thursday in attacks on two Shiite neighborhoods in Baghdad, and 44 died in a bombing in the south, raising sectarian tensions.
http://www.nytimes.com/2012/01/06/world/middleeast/explosions-across-baghdad-kill-dozens.html?nl=afternoonupdate&emc=aua2
President Obama after speaking about military strategy at the Pentagon on Thursday. |
Obama Describes Refocused Strategy for Leaner Military
By ELISABETH BUMILLER and THOM SHANKER
In an unusual appearance in the Pentagon briefing room, President Obama put his mark on a new military strategy driven by $450 billion in Pentagon budget cuts over the next decade.
http://www.nytimes.com/2012/01/06/us/obama-at-pentagon-to-outline-cuts-and-strategic-shifts.html?nl=afternoonupdate&emc=aua2
Interactive Feature: How Would You Reduce the Budget? http://www.nytimes.com/interactive/2012/01/02/us/you-cut-the-defense-budget.html?nl=afternoonupdate&emc=aua2
How Many Stephen Colberts Are There? By CHARLES McGRATH
A suburban dad. A fictional television blowhard. And now a political money launderer. How one funny guy became three.
Santorum's in New Hampshire: Rick Santorum takes the fight for the nomination to one of Mitt Romney's strongholds, New Hampshire |
In N.H., Santorum Basks in the Crowds That Long Eluded Him
By MICHAEL D. SHEAR
In the wake of his near victory in Iowa on Tuesday, Rick Santorum has been campaigning throughout New Hampshire, touting his conservative convictions in contrast to Mitt Romney.
• NYTimes.com Home Page » http://www.nytimes.com/
Multimedia
Video: TimesCast
January 5, 2012
Explosions kill dozens in Iraq
Rick Santorum takes his message to New Hampshire
Myanmar's first girl band.
Opinion
Opinionator - Townies
Crackup at Radio City
By MERRILL BLACK
I had seen gun barrels behind the makeup counters at Bloomingdale's. Did that make me crazy? Townies, a series about life in New York — and occasionally other cities — written by the novelists, journalists and essayists who live there, appears on Thursdays. This week features an essay by Merrill Black. A curriculum consultant who teaches at the CUNY School of Professional Studies, she is working on a memoir http://opinionator.blogs.nytimes.com/2012/01/04/crackup-at-radio-city/?ref=afternoonupdate&nl=afternoonupdate&emc=auab1
BUSINESS
G.M. to Reinforce Battery in Hybrid Car
By NICK BUNKLEY
The National Highway Traffic Safety Administration said the company's changes "should address the issue" of fire risks in the Chevrolet Volt but that its investigation remained open. http://www.nytimes.com/2012/01/06/business/gm-to-reinforce-battery-in-hybrid-car.html?nl=afternoonupdate&emc=aua22
Retailers Post Sales Gains, but Discounts Hurt
By STEPHANIE CLIFFORD
December sales were largely from big markdowns, and retailers including Target, Kohl's and J.C. Penney lowered their fourth-quarter profit expectations.
DealBook
Barnes & Noble Considers Spinning Off Its Nook Unit
By MICHAEL J. DE LA MERCED and JULIE BOSMAN
The company said that it is beginning "strategic exploratory work" to separate the Nook division, in an effort to help the e-reader business grow.
http://dealbook.nytimes.com/2012/01/05/barnes-noble-considers-spinning-off-its-nook-unit/?nl=afternoonupdate&emc=aua22
New Chief at Consumer Bureau Promises Vigorous Agenda
By EDWARD WYATT
In a speech, the new director, Richard Cordray, promised "real consequences" for companies that take unfair advantage of consumers of financial products.
French Borrowing Costs Edge Upward
By DAVID JOLLY
Yields on French bonds rose slightly at an auction Thursday, while problems in Italy and Hungary grabbed the attention of investors.
Stocks Set for Mixed Opening After Jobs Data 8:49 AM ET
Hungary Pledges to Seek Quick Deal With I.M.F. 7:54 AM ET
• More Business News » http://www.nytimes.com/pages/business/index.html?nl=afternoonupdate&emc=aua22