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Jan 13, 2014

NYT | Asian Morning January 14, 2014: Negotiators Put Final Touches on Iran Accord

The New York Times
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Tuesday, January 14, 2014

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From left, Foreign Ministers Laurent Fabius of France and William Hague of Britain, and Secretary of State John Kerry with Foreign Minister Nasser Judeh of Jordan, in Paris on Sunday.
Negotiators Put Final Touches on Iran Accord


Iran and a group of six world powers completed a deal on Sunday that will temporarily freeze much of Tehran's nuclear program in exchange for limited relief from Western economic sanctions.
Former Prime Minister Tony Blair of Britain, left, Prime Minister Benjamin Netanyahu of Israel, center, with his wife, Sara, and Vice-President Joseph R. Biden Jr., at a memorial service for Ariel Sharon at the Israeli Parliament in Jerusalem on Monday.
Israel Bids Farewell to Ariel Sharon, a 'Complex Man'


The military and political elite, and foreign dignitaries including Vice President Joseph R. Biden Jr., were among those who gathered to honor former Prime Minister Ariel Sharon, who died two days ago.
Sergey V. Lavrov, the Russian foreign minister, told Secretary of State John Kerry that the Syrian authorities had indicated to him that they would allow the delivery of aid to certain areas.
Syria May Allow Aid to Damascus Suburb


Diplomats have been discussing steps that might be taken to set a positive tone for peace talks set to begin on Jan. 22.
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Editors' Picks


Video VIDEO: A Daunting Task
Mike Fisher, an archaeologist from the University of Chicago, is working with a team that is cataloging, classifying and restoring the National Museum of Afghanistan's collection of artifacts.


What if Sharon Still Lived?


The Israeli leader's decisions a decade ago continue to shape events today -- not least in the region's current peace talks.
Anti-government protestors occupy a downtown intersection in Bangkok, on Monday. 
Protesters Occupy Bangkok's Central Business District


In the boldest move in two months of protests against the government of Prime Minister Yingluck Shinawatra, crowds blocked traffic to Thailand's costliest real estate.
Iranian Hard-Liners Offer Mild Praise for Nuclear Deal


Conservatives cautiously welcomed the completion of an interim agreement that will provide Tehran with some relief from Western sanctions.
Conditions are grim for residents of a camp by the airport in Bangui that has sprung up as people fled violence in the city.
Tent City in Central Africa Swells as Thousands Seek Safety


More than 100,000 people have fled the threat of violence at home, despite the poor living conditions at the makeshift camp.
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Tony Fadell, the founder and chief executive of Nest, holding up his company's Protect smoke alarm.
Google to Buy Nest Labs for $3.2 Billion


The deal for the start-up, which is led by former Apple engineers, will expand the technology giant's portfolio of consumer goods.
Health Care Plans Attracting More Older, Less Healthy People


Officials said they expect an increase in the percentage of younger adults from the current 24 percent as the March open enrollment period closes.
. Interactive  Interactive Graphic: Health Exchange Enrollment Picked Up in December
A presentation by Airbus officials Monday in Blagnac, France. A strong recovery in demand for more fuel-efficient jets helped push Airbus ahead of its American rival, Boeing.
Airbus Led Rival Boeing in Jets Ordered Last Year


The orders reflect Airbus's dominant position in the market for the most expensive aircraft: large wide-bodies with more than 400 seats.
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The wait to buy new iPhones last November in Ahmadabad, India.
Cost of Cool in India? An iPhone


To draw young buyers and increase its market share in India, Apple has offered promotions like monthly payments and trade-ins.
Panasonic's curved 4K TVs were on display last week at the International CES in Las Vegas.


At CES, a Big Stage for Big Dreams but Fewer Surprises


In some ways, this year's International CES, the technology trade show, was a far cry from the shows of old.
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Alex Rodriguez is taking legal action to vacate his ban for the 2014 season.
Alex Rodriguez Continues Fight; Arbitrator's Ruling Becomes Public


An arbitrator's decision on Saturday to reduce Alex Rodriguez's suspension to 162 games from 211 was hardly the end of the dispute.
Alex Rodriguez in August.


In Alex Rodriguez Decision, the Devil Is in a Lack of Detail


An arbitrator upheld most of Alex Rodriguez's doping suspension, but the evidence behind the decision has not been revealed, leaving the public short on details.
. Timeline : A Continual Stir | Video: By the Numbers
. Clinic Director Says He Injected Rodriguez
. Barred From Baseball, but Not From the Public Eye
. Heavy Hitters on Pariahs' Row, Shunned by Hall of Fame
Anthony Bosch spoke to the CBS program
Clinic Director Says He Injected Rodriguez


Anthony Bosch, who ran the Biogenesis anti-aging clinic, told "60 Minutes" that a fear of needles had led Alex Rodriguez to ask him to administer injections.
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U.S. News
The possibility of selling part of the collection of the Detroit Institute of Arts has enraged many, who say it would be a betrayal and would hurt Detroit's long-term chances for economic revival.
$330 Million Pledged to Save Detroit's Art Collection


The money, from a group of philanthropic organizations, would relieve the city-owned Detroit Institute of Arts from having to sell the works to pay the city's debts.
The Russell Industrial Center is a former auto plant, now artists' studios, that will host a G.M. event as a sign of the city's rebirth.
Buffing a Battered City's Image


City leaders in Detroit say they hope visitors will see a revival underway in a city lately known for bankruptcy.
. Video  Video: Big Changes for the Big 3
. More Coverage of the Detroit Auto Show
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Heroic Measures
The online writings of a woman who has been fighting cancer for seven years invite us to think about the different approaches people take.
. Columnist Page | Blog
Bill Keller


Heroic Measures


The online writings of a woman who has been fighting cancer for seven years invite us to think about the different approaches people take.
. Columnist Page | Blog


Treading Water on Syria


It may be time to resume nonlethal aid to moderate rebels.
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Gerald Celente | Interviews: Gerald Celente - Jeff Rense Show - January 9, 2014

AL Jazeera English January 13, 2014: Federal forces to intervene in Mexico state.

Al Jazeera English Al Jazeera English 

DealBook P.M. Edition January 13, 2014: After Beam Deal, Few Big Liquor Mergers Left

A advertisement in 2012 marked Bacardi's 150th anniversary. The company could be an acquisition target.
After Beam Deal, Few Big Liquor Mergers Left Most of the big global liquor brands have been absorbed by Diageo, Pernod, Suntory or Brown-Forman, leaving little room for further consolidation.
In addition to Maker's Mark, Suntory is acquiring brands like Canadian Club whisky and Courvoisier cognac.
Japan's Suntory Buys Jim Beam for $13.6 Billion The move, the first major takeover of 2014, means such longtime American brands as Jim Beam and Marker's Mark bourbons, and Canadian Club whisky, will be owned by a Japanese giant.
Anheuser-Busch InBev is the world's largest brewer.
Suntory's Deal for Beam Continues a Boom in Alcohol M.&A. Suntory's deal for the maker of Jim Beam is the third-largest acquisition by a Japanese company of a non-Japanese company, according to Thomson Reuters.
William A. Ackman, founder of the hedge fund Pershing Square Capital Management, pressed for the breakup of Fortune Brands.
Thank Ackman for the Beam Deal It was William A. Ackman who pushed for the creation of Beam Inc. by calling for the breakup of its predecessor, Fortune Brands, a conglomerate that also sold golf equipment.
Reuters Breakingviews: A Bold Move by Suntory The strategic imperative for the Japanese corporation is clear, as it is for just about any consumer goods company in the incredibly shrinking Japan, notes Rob Cox of Reuters Breakingviews.
For the latest updates, go to »
Josh Miller's Facebook page.
Skeptical of Facebook, Until the Checkbook Came OutJosh Miller, who once wrote that Facebook has "an irreversibly bad brand," has accepted its buyout offer for Branch and Potluck, his social network services.
Employees of Celesio at the drug wholesaler's headquarters in in Stuttgart-Muenster, Germany, in 2007.
McKesson Comes Up Short on Celesio Tender Offer A $8.3 billion deal for the German pharmaceutical wholesaler failed to receive the minimum shareholder support, but McKesson did not say whether it would continue to try to acquire the company.
New York's  attorney general, Eric T. Schneiderman, said last week that he was cracking down on what he called 
White Collar Watch: Push to Combat Insider Trading May Go Too Far The latest crackdown by New York State's attorney general, Eric T. Schneiderman, may end up blurring the already thin line between permissible securities analysis and illegal conduct, Peter J. Henning writes in the White Collar Watch column.
Judge Burton R. Lifland oversaw a number of prominent Chapter 11 cases.
Burton Lifland, Judge Who Oversaw Madoff Bankruptcy, Dies at 84 Burton R. Lifland, the judge who was overseeing the wind-down of Bernard L. Madoff's Ponzi scheme, died on Sunday, according to the clerk for the federal bankruptcy court in Manhattan.
A Merrill Lynch office in London in 2008.
Across Wall Street, Efforts to Revise a Hard-Charging Culture As several major banks think hard about the workload of their junior employees, 2014 will probably be remembered as the year that Wall Street tried to offer some relief to the grunts.
Paul Singer runs the hedge fund Elliott Management.
Elliott Turns Its Attention to Juniper Networks The hedge fund Elliott Management wants Juniper Networks to cut costs, return money to shareholders and streamline its product offerings.
So far, Jos. A. Bank has rebuffed the offer, describing it as insufficient.
Hedge Fund Backs Men's Wearhouse Bid for Jos. A. Bank Eminence Capital, which owns a 9.8 percent stake in Men's Wearhouse and a 4.9 percent stake in Jos. A. Bank, wrote a public letter to Jos. A. Bank's board on Monday, urging the directors to accept the offer.
Darden Restaurants plans to bolster its stock price by shedding Red Lobster.
Why Barington Still Opposes Darden's Plan to Spin Off Red Lobster The activist hedge fund said on Monday that Darden's plan to bolster its stock price did not go far enough in breaking apart the restaurant company.
The ChiNext market in Shenzhen, a secondary board mostly for start-up companies, in 2009.
5 Chinese I.P.O.'s Shelved After Regulator Stiffens Rules The China Securities Regulatory Commission announced that it would tighten restrictions on public offerings, shortly after the first new share sales since 2012 had been approved.
Sanofi Unit to Buy $700 Million Stake in Rare Disease CompanyGenzyme, the American biotechnology unit of the French drug maker Sanofi, is buying a 12 percent stake in Alnylam Pharmaceuticals for $700 million as part of an expanded alliance to develop treatments for rare genetic diseases.
Alcatel Said to Seek Sale of Enterprise Business Alcatel-Lucent is looking to sell its enterprise business, with some $1 billion in annual revenue, Bloomberg News reports.
Amec Agrees to Buy Swiss Rival for $3.2 Billion By acquiring Switzerland-based Foster Wheeler, the British engineering and project management firm would expand its footprint, including increasing its presence in Latin America.
Pawnbrokers for the Bentley-Owning Set A growing number of businesses act as pawnbrokers for a wealthy clientele, accepting assets like a Bentley as collateral for loans of up to $1 million or more, Paul Sullivan writes in the Wealth Matters column in The New York Times.
Bank Earnings JPMorgan Chase and Wells Fargo, set to report fourth-quarter results on Tuesday, will kick off a flurry of bank earnings. The banking giants, analysts say, will most likely face sluggish demand from borrowers whose appetite for refinancing has been sapped by rising rates. For JPMorgan Chase, the nation's largest bank, the quarterly report comes after a string of costly government settlements, prompting analysts to predict that high legal costs could hamper profit. All told, JPMorgan will have paid some $20 billion to resolve government investigations in the last 12 months alone.
Intel Earnings Intel, the world's largest semiconductor maker, is expected on Thursday to turn in lower fourth-quarter earnings compared with a year ago, and discuss what it is doing about it. The numbers probably will not shock; last Thursday two analyst firms said 2013 saw the first double-digit percentage drop in sales of personal computers. Intel is one of this trend's chief victims, since it does not have as much presence in tablets or smartphones. The chief executive, Brian M. Krzanich, is expected to talk about how quickly Intel can get into those markets and others where PCs are not prominent.
European Car Sales While European car sales probably fell last year, strong December buying may have helped the industry end 2013 on a high note. The European Automobile Manufacturers' Association will report December and full-year data on Thursday.
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