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Nov 27, 2012

NYT | Global Update -November 27, 2012-.: Mexico Shifts Focus From Drug War to Economy

The New York Times International Herald Tribune
November 27, 2012
Compiled 21:45 GMT

Global Update

TOP NEWS

Mexico Shifts Focus From Drug War to Economy

By RANDAL C. ARCHIBOLD and ELISABETH MALKIN
In a meeting with President Obama on Tuesday, Enrique Peña Nieto, the Mexican president-elect, plans to highlight a more prosperous Mexico where high-skilled jobs are plentiful.

G.O.P. Senators Not Satisfied as Rice Concedes Error on Libya

By MARK LANDLER and JEREMY W. PETERS
The ambassador to the United Nations, Susan E. Rice, said Tuesday that she incorrectly described the attack on the American mission in Libya but said she based her statement on the available intelligence.

Egyptian President's Hedging on Decree Fails to Stop Protest

By DAVID D. KIRKPATRICK
Thousands protested the Egyptian president's attempt to assert broad new powers, despite his apparent backtracking the night before.
U.S.

Video: A Future Reset

After losing his arm in an I.E.D. explosion in Afghanistan, Cpl. Sebastian Gallegos has adjusted to his prosthetic limb.
Opinion

Latitude

Morsi's Law

By ISSANDR EL AMRANI
Egypt's president just passed a decree granting his actions immunity from judicial oversight. Then again, the opposition is making extreme demands, too.
WORLD

France Says It Will Vote in Favor of Palestinians' U.N. Bid

By SCOTT SAYARE and CHRISTINE HAUSER
The support from France is the most significant boost to date for the Palestinians' hopes to be granted nonmember observer status, which comes with greater international recognition.

Civilians Killed in Syrian Strike on Olive Press, Rebels Say

By HANIA MOURTADA and ALAN COWELL
Syrian rebels accused the authorities of launching an airstrike outside the northern city of Idlib on Tuesday, killing at least 20 people as they waited to have their olives turned into oil.

North Korea May Be Planning Rocket Test, Satellite Operator Says

By CHOE SANG-HUN
North Korea has stepped up what could be preparations to launch a new rocket from its Sohae Space Launch Station in defiance of a United Nations ban.
BUSINESS

Dark Warnings About Future of Internet Access

By ERIC PFANNER
With envoys from more than 100 nations convening in Dubai to discuss telecommunications, diverse groups are warning of plans to censor the Internet. But analysts say the real debate is about business.

O.E.C.D., Slashing Growth Outlook, Warns of Global Recession

By STEPHEN CASTLE
The Organization for Economic Cooperation and Development sharply cut its forecast for the world economy, citing the ongoing euro crisis and the American budget impasse.
Bits Blog

Apple Fires Maps Manager

By NICK WINGFIELD and BRIAN X. CHEN
A shakeup at Apple continued with the firing of Richard Williamson, a manager who oversaw the company's flawed mapping service, according to two people briefed on the matter.
TECHNOLOGY

City Is Amassing Trove of Cellphone Logs

By JOSEPH GOLDSTEIN
Subpoenas for call records of stolen cellphones have allowed the Police Department to store the information of thousands of victims a year.
DealBook

Autonomy's Ex-Chief Calls on H.P. Board to Defend Allegations

By MICHAEL J. DE LA MERCED
In a public letter, Mike Lynch again rejected H.P.'s claims about Autonomy and argued that Hewlett-Packard botched its takeover of his former company and mishandled its integration.
SPORTS

Coaching Carousel Keeps Spinning in Brazil

By ROB HUGHES
The elders of Brazilian soccer gave no explanation for the most recent firing of the national team coach, and they now seem determined to reach into the past for the next one.

Players Still Dropping Gloves, but Picking Their Battles, in Ontario Junior League

By JEFF Z. KLEIN
A new regulation aimed at limiting fighting in the junior Ontario Hockey League this season seems to be working, but hockey traditionalists offer resistance.

Vettel Takes His Third Straight Formula One Title

By BRAD SPURGEON
Through constantly changing track and weather conditions in São Paulo, Sebastian Vettel also became the youngest three-time world champion in history.
U.S. NEWS

Gay 'Conversion Therapy' Faces Test in Courts

By ERIK ECKHOLM
Methods that claim to help men overcome unwanted same-sex attractions are being legally challenged in New Jersey and California.
The Hard Road Back

Learning to Accept, and Master, a $110,000 Mechanical Arm

By JAMES DAO
War veterans who have lost their upper limbs have found that replicating their complex actions with robotic arms can be excruciatingly difficult.

A Vacant Lot Offers Refugees a Taste of Home

By FERNANDA SANTOS
A plan to revitalize a vacant lot in Phoenix has offered refugees a place to grow their own produce.
OPINION
Latitude

The Iron Man

By SHMUEL ROSNER
Once derided now extolled, the former defense minister Amir Peretz is also the man behind Israel's antirocket shield.
Op-Ed Contributors

A Group in Search of a Mission

By THOMAS R. PICKERING and DAVID HANNAY
The G-20 needs to regain its role as the premier coordinating mechanism for economic issues.
Op-Ed Columnist

How People Change

By DAVID BROOKS
One father's harsh e-mail prompts some thoughts on what it really takes to change behavior in others.

DealBook P.M. Edition -November 27, 2012-.: SAC to Hold Client Call Amid Insider Trading Case



Tuesday, November 27, 2012
TOP STORY
SAC to Hold Client Call Amid Insider Trading Case
SAC to Hold Client Call Amid Insider Trading Case SAC Capital Advisors, Steven A. Cohen's hedge fund behemoth, plans to hold a conference call on Wednesday morning to reassure its investors and allay concerns related to the latest insider trading case.
  • DEALBOOK »
  •  
  • DEALBOOK HIGHLIGHTS
    ConAgra Foods to Buy Ralcorp for $5 Billion ConAgra Foods will buy Ralcorp Holdings to form one of the largest packaged food companies in North America.
    ConAgra's Chief Emphasizes the Lure of Private-Label Brands It may have taken a year and a corporate spinoff, but ConAgra has succeeded in buying Ralcorp. And it couldn't have come soon enough for ConAgra's chief executive, Gary Rodkin, who sees Ralcorp's strength in private-label brands as an important part of his own company's future.
    Autonomy's Ex-Chief Calls on H.P. Board to Defend Allegations
    Autonomy's Ex-Chief Calls on H.P. Board to Defend Allegations In a public letter, Mike Lynch again rejected H.P.'s claims about Autonomy and argued that Hewlett-Packard botched its takeover of his former company and mishandled its integration.
    Buzz Tracker
    Head of Financial Times Group to Step Down Rona Fairhead, the chief executive of Pearson's Financial Times Group, will step down in April, the company says. Hers will be the second prominent departure in recent months, fueling speculation that Pearson will seek to sell The Financial Times so it can focus on its education business, Amy Chozick reports for the Media Decoder blog.
    LOOKING AHEAD
    In the United States Lloyd Blankfein, the chief of Goldman Sachs, has been invited to meet with President Obama at the White House on Wednesday, Bloomberg News reported. Also on Wednesday, a House Energy and Commerce subcommittee will conduct a hearing about ways to combat health care waste, fraud and abuse; and a former BP vice president and two former well-site leaders are scheduled to be arraigned on criminal charges related to their actions after the 2010 Gulf oil spill.

    Quotation of the Day
    "Having no details beyond the limited public information provided last week, and still with no further contact from you, I am writing today to ask you, the board of H.P., for immediate and specific explanations for the allegations H.P. is making."
    MIKE LYNCH, on Hewlett-Packard's accusations of accounting fraud at Autonomy.
    DealBook Video
    Buffett's Media Blitz Continues The chief of Berkshire Hathaway endorsed Jamie Dimon for Treasury Secretary and repeated his call for a minimum tax for the wealthy in an appearance with Carol Loomis on Charlie Rose's PBS program. The pair will appear on "The Daily Show With Jon Stewart" tonight.

     

MarketWatch | Wall Street at Close Report -November 27, 2012-.: U.S. stocks end lower on fiscal-cliff jitters

By Polya Lesova

NEW YORK (MarketWatch) -- U.S. stocks finished lower on Tuesday after Senate Majority Leader Harry Reid said little progress has been made in talks aimed at averting the so-called fiscal cliff. The Dow Jones Industrial Average DJIA -0.69% declined 89.24 points, or 0.7%, to end at 12,878.13, with Hewlett-Packard Co. HPQ -2.98% the top decliner in the blue-chip index. The S&P 500 index SPX -0.52% slipped 7.35 points, or 0.5%, to finish at 1,398.94. The Nasdaq Composite COMP -0.30% snapped a six-session winning streak, dropping 8.99 points, or 0.3%, to end at 2,967.79.

More News In
Markets


Business in Vancouver | BIV Today's Business News -November 27, 2012-.: Bank of Canada reform "will continue" after departure for England: Carney




Economy and Finance

Bank of Canada reform "will continue" after departure for England: Carney

Bank of Canada governor Mark Carney, credited with leading Canada through the 2008 financial crisis, says that Canada's financial reform ... READ MORE

Technology

 

Payfirma, UrtheCast make national top 20 innovators list

Payfirma, the Vancouver mobile payment company that turns tablets into point of sales terminals, will be ... READ MORE

Retail and Manufacturing

 

Target prepares market entry with cross-Canada road show

As Target Corp. prepares its early-spring entry into the Canadian market, the retailer is launching ... READ MORE

More News...

   

Burcon NutraScience raises $5.75m in share offering

B.C. gives growth incentive to small breweries

Government offers incentives to trade in old wood stoves

Money Show Investors Daily Alert -November 27, 2012-.: Income Investors, Beware the Bubble

Investors Daily Alert


Jim Jubak on MoneyShow.com

Today's Top Pros' Top Picks

Today's Gurus' Views & Strategies

Today's Charts in Play

MoneyShow.com Exclusive Interviews

SavageMoney Blog

Ideas from Around the World
What China's Elections Tell Us, Benjamin Shepherd

Today's Featured Videos & Exclusive Interviews
Is the Eurozone Doomed?, Andrew Busch

NYT | Opinion Today -November 27, 2012-.

The New York Times

November 27, 2012

Opinion Today

Damned if He Does: The Susan Rice Dilemma
Opinionator

Damned if He Does: The Susan Rice Dilemma

On the secretary of state issue, the president is boxed in, though a Clinton could point the way out.
Opinionator | Draft

The Dual Lives of the Biographer

In one realm you're moving forward in ignorance. In the other you're moving backward with something resembling omniscience.
ADVERTISEMENT
Op-Ed Contributor

Good Neighbors, Bad Border

The United States and Canada need to fix their final territorial dispute.
Washed Away by Storms, Rebuilt by Taxpayers
Room for Debate

Washed Away by Storms, Rebuilt by Taxpayers

Should the federal government stop helping to rebuild properties in areas vulnerable to natural disasters?
Morsi's Law
Latitude

Morsi's Law

Egypt's president just passed a decree granting his actions immunity from judicial oversight. Then again, the opposition is making extreme demands, too.
ADVERTISEMENT
Editorial

The Crisis in Egypt

A brazen power grab by President Morsi of Egypt threatens a young democracy.
Editorial

When 'Super PACs' Become Lobbyists

Combining unlimited spending on elections with issue advocacy is a dangerous escalation.
Editorial

Leadership at the S.E.C.

President Obama's naming of Elisse Walter as chairwoman does not create a commission that can advance much needed reform of the financial markets.

The Opinion Pages

Read the full opinion report, including editorials, columns, op-eds and Opinionator. Go to the Section »
Taking Note

A Promise to Curb the Filibuster

Filibuster reform may allow the Senate to get back to its actual purpose.
Twenties Tales
The Conscience of a Liberal

Twenties Tales

Virtue was not rewarded.
Bob Corker and the Romney Road Not Taken
Evaluations

Bob Corker and the Romney Road Not Taken

How a Republican Senator's proposed grand bargain differs from Romney's agenda, and why it matters.