Dec 16, 2011
NYT Afternoon Business News: Angry Salvos on Euro Pact Sail Across the Channel
As ratings agencies raise heat on France, a cross-Channel spat has escalated into a full-blown war of words, with Paris turning its wrath on Britain.
Shares in Research in Motion fell 12 percent following the company's announcement that it will delay the launch of a new series of BlackBerry phones.
A rider on the omnibus spending bill prohibits the Energy Department from enforcing new efficiency standards on light bulbs. But the industry is unlikely to change course now.