Thursday, December 11, 2008

Afternoon Update: Auto Bailout Appears Halted in Senate as G.O.P. Resists

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  Thursday, December 11, 2008
  Compiled 4 PM E.T.
 
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Auto Bailout Appears Halted in Senate as G.O.P. Resists
By DAVID M. HERSZENHORN and DAVID E. SANGER
The Senate Republican leader, Mitch McConnell, spoke out against the bill, effectively dooming its chances.

Iraq Bomb Kills 48 in Volatile North
By TIMOTHY WILLIAMS
The attack in northern Iraq during a meeting of local leaders was one of the worst in recent months.

In Afghanistan, Gates Talks of Rapid Troop Increase
By ELISABETH BUMILLER
Defense secretary Robert M. Gates called for the increases as part of an effort to combat growing violence.

GREEN INC.
Carbon Credit Discounts
By JAMES KANTER
Some countries are seeking to expand imports of credits from developing countries to help offset their emissions. But many environmentalists condemn the move, saying it will reduce incentives at home to fund energy efficiency, public transportation and cleaner energy systems.

WELL
Art and Mental Illness
By TARA PARKER-POPE
The art of Martin Ramirez, diagnosed with schizophrenia, highlights the blurry distinction between creativity and mental illness.

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TIMES TOPICS OPINION

Why I Want a Cabin
Lou Ureneck is building a cabin and offering advice, ideas and links for those who want to build their own (or at least dream of doing it).
Letters: The Political Earthquake in Illinois
Readers weigh in on the allegations against Gov. Rod R. Blagojevich of Illinois.

BUSINESS

Oil Demand Down; 1st Time Since ’83
By JAD MOUAWAD
An energy agency expects global demand to fall by 200,000 barrels a day to 85.8 million barrels a day.

Stocks Fall After Trade and Unemployment Data
By MICHAEL M. GRYNBAUM and DAVID JOLLY
Wall Street slipped as investors weighed a lower sales outlook and a widening trade gap that could spell trouble for American businesses.

U.S. Trade Deficit Rose in October
By MICHAEL M. GRYNBAUM
The deficit hit $57.2 billion, 1.1 percent higher than in September, as exports slowed and oil imports surged.

CITY ROOM
White-Collar Unemployment Spreads, Study Says
By PATRICK McGEEHAN
The effects of the financial crisis have spread well beyond Wall Street to other white-collar jobs, a report shows.

Even in Hard Times, Japanese Companies Reinvest in Themselves
By MARTIN FACKLER
Lessons learned from the past keep profits pouring into research and new plants.

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