Dimon Takes a 'Whale' of a Pay Cut
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Kenya: Coffins set on fire to protest outgoing MPs
Fox News:Hundreds of demonstrators angered at outgoing Kenyan legislators doused 221 coffins with gasoline and set them on fire causing a huge inferno outside the parliament's main entrance.
IMF Set to Approve Greek Loan Payment
Wall Street Journal:The International Monetary Fund is expected to approve a delayed €3.3 billion ($4.39 billion) loan payment to Greece at a board meeting later Wednesday, after the country successfully completed a bond buyback in December, several people involved in the matter said.
Morgan Stanley India Cuts Jobs
Wall Street Journal:Morgan Stanley has cut 14 jobs in India as part of a global workforce-reduction program at the U.S. investment bank, a person familiar with the matter said.
Azerbaijan sharply increases military spending
The Boston Globe:BAKU, Azerbaijan (AP) — Azerbaijan's president has announced a sharp hike in military spending and again warned neighboring Armenia to pull out of the disputed Nagorno-Karabakh territory.
FASB Acts to Close Repo Loophole
Wall Street Journal:Accounting rule makers took another step Tuesday to close the loophole that Lehman Brothers Holdings Inc. and MF Global Holdings Inc. used to make themselves appear healthier before the brokerage...
London's record-breaking rainy year
CBS News:CBS Evening News: London's record-breaking rainy year - In 2012, 8,000 homes and business were flooded and whole farms disappeared under water during the 9th warmest year on record
Blue plaques that pay tribute to London's past may be history
LA Times:Spending cuts have led a government agency to suspend the placement of markers on buildings where noble or noteworthy people once lived or worked.
U.S. Seeks Multinational Trade Pact for Services
Wall Street Journal:The Obama administration is pursuing a multinational trade pact that aims to expand U.S. exports of services—products that range from life insurance to travel to Hollywood movie royalties.
Airbus Superjumbo Faces Headwinds
Wall Street Journal:When Airbus on Thursday reports robust airplane sales and deliveries for last year, its biggest plane will make only a small appearance in the annual list of new orders, in a sign of continued headwinds facing the A380 superjumbo jetliner.
Panetta reassures Portugal on Azores Islands after U.S. downsizes decades-old base there
Washington Post:LISBON, Portugal — The Pentagon’s era of austerity is starting to pinch some remote corners of the globe, including a volcanic island in the mid-Atlantic. The U.S. military has decided to drastically scale down Lajes Airfield, a base in the Azores Islands that for decades has served as a refueling...
Nissan Embraces Hybrids
Wall Street Journal:Nissan showed a sport utility vehicle that signals a strategic shift for Japan's second-largest auto maker as it races to catch up with Japanese rivals in the global market for hybrid, gasoline...
Bankers Get IOUs Instead of Bonus Cash
Wall Street Journal:Several thousand Morgan Stanley traders, investment bankers and other employees will get IOUs instead of cash when bonus day arrives Thursday, a fundamental change in Wall Street pay triggered by the financial crisis.
Drug Firms Shake Up Research Leadership
Wall Street Journal:AstraZeneca said the company's head of research and development, Martin Mackay, is leaving the company amid a senior-management shake-up by new Chief Executive Pascal Soriot.
Denso to Expand in North America
Wall Street Journal:Denso plans to invest $1 billion over the next four years to expand its North American auto part operations, creating 2,000 jobs as the Japanese company looks to keep in step with rising demand.
Li & Fung Buys Lornamead for $190 Million
Wall Street Journal:Hong Kong's Li & Fung aid it acquired U.K.-based Lornamead, owner of Finesse shampoo, for around US$190 million, just days after the sourcing company unexpectedly issued a profit warning.
Russian Car Sales to Slow
Wall Street Journal:Russia's fast-growing auto market, which has been one of the few bright spots in Europe in recent years, looks to be stalling as consumers cut spending, according to a leading trade group.
Build toll lanes to ease C-470 traffic
Given the current state of highway financing in Colorado, a plan to add tolled lanes to a portion of C-470 strikes us as a somewhat sensible solution to addressing congestion that often brings...
Extend disaster aid to the West, too
The House of Representatives on Tuesday approved more than $50 billion in emergency relief for victims of Hurricane Sandy, a measure that is expected to move quickly through the Senate before being...
Paying Sandy’s big bill
Editorial Board
Washington Post Editorial Board
ON TUESDAY, the House approved another $50 billion for expenses related to Hurricane Sandy. Assuming the Senate signs on, that would bring the total federal lawmakers have authorized for Sandy relief...
Morning Links: Unemployment Cutoff
Arthur Delaney
Huffingon Post Blog
-- Las Cruces family still waiting on unemployment benefits. Great story by KFOX14 in New Mexico about how the state's new system for distributing unemployment...
Washington Should Declare a Deficit Victory - and Then Write Some Checks
Richard (Rj) Eskow
Huffingon Post Blog
That deficit problem we keep hearing about is gone. When it comes to spending cuts, it's time to follow the advice a general offered when...
Mr. O’Malley prepares a tough package of gun laws
Editorial Board
Washington Post Editorial Board
HUSTLING TO keep pace with New York Gov. Andrew M. Cuomo (D), Maryland Gov. Martin O’Malley (D) is preparing to lay out his own package of tough new gun laws in the aftermath of December’s bloodbath...