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Business Day
Twitter Reports Earnings; Debt Ceiling Looms Again
Twitter will report fourth-quarter financial results, its first update on how the company is doing since it first sold stock to the public on Nov. 7., and more.
E.C.B. COUNCIL TO MEET
The European Central Bank’s
governing council meets Thursday in Frankfurt to discuss monetary
policy, in an atmosphere charged by concerns that a Japanese-style
deflationary trap may be taking hold in Europe and fears that turmoil in
emerging markets could affect the 18-nation euro currency zone. DAVID JOLLY
DEBT CEILING LOOMS. AGAIN.
Here
we go again. On Friday, the United States Treasury will lose the
ability to issue new net debt. That’s a problem: It is tax season, and
the Treasury is currently sending out billions of dollars of refunds. By
the end of February or early March, the country will run out of cash
and start missing payments, unless Congress acts. Democrats and
Republicans are, for the moment, talking past one another, but are
expected to make a deal before a cash crisis hits. ANNIE LOWREY
"
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Minor corruption quickly excised.
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Sports
Ovechkin Scores Winner
Alex Ovechkin scored his N.H.L.-leading 39th goal on a power play in overtime, and the Washington Capitals beat the visiting Detroit Red Wings, 6-5,Judge Disallows Plan by Detroit to Pay Off Banks
In a decision that surprised many, a bankruptcy judge said it was “reasonably likely” that Detroit could free itself of costly swap contracts if it ...January 16, 2014 - - Business Day - Print Headline: "Judge Disallows Plan by Detroit to Pay Off Banks"
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World
India's 1st Monorail Opens in Mumbai to Much Fanfare and Doubt
Mumbai’s development agency touted the much-delayed monorail as a solution to the city’s notorious traffic congestion, but urban transportation experts say the $431 million project is not likely to be worth it.
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Automobiles
Super Bowl Will Again Be a Showcase for Automakers
Chevrolet, Audi, Kia and Toyota are among repeat Super Bowl advertisers, but Jaguar will be a first timer.
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Sports
‘Mass-Transit Super Bowl’ Hits Some Rough Patches in Moving Fans
In moving the masses — with many unfamiliar with the intricacies of the system — glitches developed and patience wore thin.
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N.Y. / Region
Judge Limits Expert Testimony on Terrorism in Manhattan Bomb Case
The judge said he wanted to keep the focus on the evidence against Jose Pimentel, accused of plotting to set off pipe bombs, rather than on testimony about organizations and websites linked to Al Qaeda.
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Sports
Doctors Begin to Wake Schumacher From Coma
Doctors have started trying to wake the Formula One driver Michael Schumacher from the medically induced coma he has been in since a skiing accident last month.
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U.S.
Officials Remain in the Hot Seat as the South Thaws
Two days after a winter storm crippled stretches of the Deep South, life eased back toward normal, students slept in their homes again and drivers sought abandoned cars.
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Sports
M.L.B. Seeks Dismissal of Rodriguez Lawsuit
Major League Baseball is seeking the dismissal of a suit by Yankees third baseman Alex Rodriguez that challenges a season-long suspension for the use of prohibited performance-enhancing substances.
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Health
Exercise to Age Well, Whatever Your Age
Becoming physically active in middle age, even if someone has been sedentary for years, substantially reduces the likelihood that he or she will become seriously ill or physically disabled in retirement, new research shows.
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U.S.
Oil Takes Off as One-Firehouse County Plays Catch-Up
Growth in the energy industry has come with increased traffic accidents in La Salle County, and the fire department is now being bolstered with professionals to provide relief to its volunteers.
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N.Y. / Region
‘Greed Just Took Me,’ Recalls a Father Who Led a Secret Life of Crime
A man released from prison after 22 years explains to his sons how he went from working for an illegal gambling operation to dealing heroin.
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Education
Fight Over Effective Teachers Shifts to Courtroom
Nine public school students are challenging California’s tenure system, arguing that their right to a quality education is violated by job protections that make it too difficult to fire bad instructors.
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Business Day
Outsiders, Not Auto Plant, Battle U.A.W. in Tennessee
A unionization drive has drawn national attention as business groups worry about organized labor’s efforts to gain its first foothold at a foreign-owned automobile plant in the South.
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Sports
Ovechkin Scores Winner
Alex Ovechkin scored his N.H.L.-leading 39th goal on a power play in overtime, and the Washington Capitals beat the visiting Detroit Red Wings, 6-5,
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Business Day
Corruption Costs European Union 120 Billion Euros a Year, Study Finds
More than three-quarters of citizens believe that graft is widespread in their countries, the European Commission said in a report.
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Business Day
Raymond Weil, Whose Swiss Watches Told More Than Time, Dies at 87
Mr. Weil started his watch company at a time when most Swiss watchmakers were going bust, and he helped redefine the nation’s signature product.
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Opinion
Mexico’s Vigilantes on the March
In Michoacán, armed citizens have risen up to confront the tyranny of organized crime.
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U.S.
A Pro-Business Stance That’s Bad for Business
The Texas environmental commission’s refusal to enact federal rules on issuing greenhouse gas permits has actually put the state at a competitive disadvantage during a natural gas boom.
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Opinion
Ashes to Ashes, but First a Nice Pine Box
Building my own coffin was a way to accept death and celebrate life.
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World
Why the U.S. Embassy Releases Pollution Data in Beijing But Not in Delhi
A State Department representative cited the availability of such information in English in India’s capital, but doubts have been cast on the reliability of those reports.
"The United States has tended to be more sensitive to government concerns
in India, which it has assiduously wooed for more than a decade, than
it tends to be in China, which is increasingly seen as a rival emerging
power in Asia. A diplomatic kerfuffle over the arrest of an Indian
diplomat in New York City in December has also strained relations
between the United States and India."
Opinion
A Tiny Glimmer From North Korea
Its unpredictable leader agrees to family reunions between citizens of South Korea but goes full tilt on his nuclear program.
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N.Y. / Region
Despite Business Fears, Sick-Day Laws Like New York’s Work Well Elsewhere
San Francisco, Washington and Seattle indicated that their new policies did not hurt local economies or cause businesses to leave.
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Business Day
Farmers Are Sentenced in Deadly Listeria Outbreak
The farmers, who are brothers operating a cantaloupe farm in Colorado, were sentenced to probation, community service and fined in the outbreak that killed 33 people.
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The monorail is a toy in comparison with the problem.
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Opinion
Sick Leave in Jersey City
Steven M. Fulop, the mayor of Jersey City, writes that New York City can follow suit.
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Health
Exercise to Age Well, Whatever Your Age
Becoming physically active in middle age, even if someone has been sedentary for years, substantially reduces the likelihood that he or she will become seriously ill or physically disabled in retirement, new research shows.
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Technology
Microsoft Said to Be Close to Naming a New Chief
Satya Nadella, a 22-year Microsoft employee, has been in charge of its cloud computing business; a change in Bill Gates’s role is also under discussion.
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Fashion & Style
Below the Bikini Line, a Growing Trend
Women are increasingly going with the natural look when it comes to their nether regions.
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N.Y. / Region
Judge Limits Expert Testimony on Terrorism in Manhattan Bomb Case
The judge said he wanted to keep the focus on the evidence against Jose Pimentel, accused of plotting to set off pipe bombs, rather than on testimony about organizations and websites linked to Al Qaeda.
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