Pakistani leader signals progress in U.S. ties
In Lahore Prime Minister Yousuf Raza Gilani told AP that Pakistan seeks to repair strained U.S. relations after NATO airstrikes killed 24 Pakistani soldiers. He said new ties should respect sovereignty and defined engagement rules, while Islamabad retains retaliation by blocking NATO supplies to Afghanistan. He stressed willingness to start over with Washington and emphasized mutual respect within the international system.
MENTIONED IN THIS ARTICLE
Lahore
Pakistan
Washington
U.S
NATO
Yousuf Raza Gilani
Associated Press
Islamabad
USS
Afghanistan
Barack Obama
White House
Obama
Asif Ali Zardari
Gilani
EU leaders push treaty changes to save the euro
France and Germany urge EU treaty changes to impose automatic penalties for euro area deficits while S P warns of possible downgrades for 15 eurozone nations. Markets rose on proposal day but S P flagged risks, as 15 countries faced potential cuts and investors weighed long term growth plans.
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Paris
France
Germany
Wall Street
Europe
Nikolas Sarkozy
Angela Merkel
Standard and Poor
Austria
Sarkozy
Merkel
Greece
Ireland
Portugal
European Central Bank
Service firms expand slowly as hiring falls in November
Notable service companies, employing about 90 percent of the U.S. workforce, grew at a slower pace in November and a payroll measure at those firms declined. Separately, government data showed orders to U.S. factories dropped for a second consecutive month. The reports point to a vulnerable economy despite some improvement. Economists say overall growth and hiring continue at a modest, steady pace.
MENTIONED IN THIS ARTICLE
U.S
Markets Mixed as Dow Dips and Commodities Rally
Monday trading shows the Dow Jones Industrial Average down 78.41 to 12,097.83 while the Nasdaq gains 28.83 to 2,655.76 and the S&P 500 stands at 12,081.257. Commodities move with corn down 4.25 cents to 5.91, soybeans off 9.50 to 11.26, wheat down 9.50 to 6.67, oil up 76 cents to 100.96, and gold slipping 16.80 to 1,734.50 with silver down 31.40 cents to 32.37.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Chicago
Kansas City
New York
Plan to delay first class mail could headaches for some
The Postal Service will shutter over 200 mail processing centers, adding at least a day to first class deliveries and up to nine days for periodicals. Businesses fear cash flow and invoicing delays, while some already rely on online payments and private carriers. Netflix and L.L. Bean warn of service impact as first class volume falls from 104 billion in 2001 to an expected near half by 2020.
MENTIONED IN THIS ARTICLE
New York
U.S
Postal Service
Todd McCracken
National Small Business Association
Cookie Driscoll
Fairfield
L.L. Bean
Carolyn Beem
Netflix
Michael Pachter
Wedbush
FedEx Corp
United Parcel Service Inc
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Euro
Warren Buffett
By Shott Adami
Meaney
CABLE
Broadcast
Eudora
Medicalodges.com
Maple Street
Johnson County
Lawrence
Oy Jayni
Frank Carey
Merc
Chef Paige
Paige Vandesrift
Karen Duggan
TheMerc.coop
Weavers
Eavers
Massachusetts
Weaversinc.com
Capitol Federal Branch
Scapreo
Capreo.com
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