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DealBook: Big Banks Get Break in Rules to Limit Derivatives Risks

DealBook: Big Banks Get Break in Rules to Limit Derivatives Risks


DealBook: Big Banks Get Break in Rules to Limit Derivatives Risks

Posted: 15 May 2013 08:23 PM PDT

Under pressure from Wall Street lobbyists, federal regulators will soften a rule intended to rein in banks' domination of a shadowy but lucrative market.
    


E-Mails Show Jostling Over Benghazi ‘Talking Points’

Posted: 15 May 2013 07:00 PM PDT

Messages released by the White House showed fierce jostling between the Central Intelligence Agency and the State Department, and at the highest levels of the C.I.A., on talking points after the attacks in Libya.
    


Google Escalates the Competition in Map Services

Posted: 15 May 2013 06:27 PM PDT

The new service creates real-time, personalized maps and incorporates 3-dimensional images from inside businesses and from Google Earth.
    


Inquiry on Potential Oil Price Manipulation Intensifies in Europe

Posted: 15 May 2013 05:35 PM PDT

The European Commission is said to have continued to question BP, Royal Dutch Shell and Statoil about their trading activities.
    

Israel Hints of New Strikes Over Weapons and Warns Syria Not to Retaliate

Posted: 15 May 2013 05:35 PM PDT

An official suggested Israel would use force to prevent the transfer of weapons to Islamic militants, a warning that could be intended not just for President Bashar al-Assad.
    


Nigeria Military Gets More Power to Fight Rebels

Posted: 15 May 2013 05:34 PM PDT

Troops have begun deploying in the wake of President Goodluck Jonathan's declaration of a state of emergency in parts of the north, but critics fear more civilian deaths.
    

After Bangladesh, Seeking New Sources

Posted: 15 May 2013 05:24 PM PDT

A search for new locations has taken on greater urgency for Western retailers, whose complex manufacturing needs already shrink the pool of potential locations.
    

Cloning Is Used to Create Embryonic Stem Cells

Posted: 15 May 2013 04:46 PM PDT

Researchers fused skin cells with donated human eggs to create human embryos that were genetically identical to the person who provided the skin cells.
    


Acting Chief of I.R.S. Forced Out Over Tea Party Targeting

Posted: 15 May 2013 03:41 PM PDT

President Obama said the acting commissioner of the Internal Revenue Service had been fired, and pledged to work "hand-in-hand with Congress" on investigations into the agency's scrutiny of conservative groups.
    


Shopping With Kara Mann: Heavy Metal Accessories

Posted: 15 May 2013 03:15 PM PDT

Kara Mann, who overcome a reputation as a 'Goth designer,' mixes in the playful with her dark, leathery and metallic themes.
    

Currents | Q&A: Making Furniture With the Wind

Posted: 15 May 2013 03:11 PM PDT

The Dutch designer Merel Karhof on using the power of the wind to make furniture.
    

Cambodia Presses U.S. Museums to Return Antiquities

Posted: 15 May 2013 02:56 PM PDT

Hundreds of Cambodian antiquities in American museums lack paperwork showing their provenance.
    


Euro Zone Politics Hinder Response as Slump Persists

Posted: 15 May 2013 02:10 PM PDT

"I think there is consensus across the political spectrum over here, that you need a smart balance of both stimulus for growth AND deficit reductions," writes Olaf in Germany.
    


O.J. Simpson Testifies in New Trial

Posted: 15 May 2013 01:48 PM PDT

O.J. Simpson testified in Las Vegas on Thursday, trying to overturn the kidnapping and robbery conviction that sent him to prison.
    


IHT Special: Just in Time, a Lebanese Artist’s Work Is Shown at Tate Modern

Posted: 15 May 2013 01:36 PM PDT

Saloua Raouda Choucair's first exhibition in Beirut in 1947 is thought to be the first-ever show of abstract art in the Arab world. Now, as she copes with Alzheimer's, her works are on display in London.
    

Moscow Rejects Bid to Hold Gay Rights Parade

Posted: 15 May 2013 01:00 PM PDT

Officials said the event could undermine a campaign to instill patriotic values in Moscow's youths.
    


Daft Punk Gets Human With a New Album

Posted: 15 May 2013 12:38 PM PDT

The French dance-music duo known for its synthetic dazzle has made its new album a flashback to the era of live musicianship.
    


Malfunction Imperils Mission to Find Other Earths

Posted: 15 May 2013 12:29 PM PDT

If engineers cannot restore a mechanism that keeps the Kepler spacecraft's telescope pointed, one of the most romantic and successful of NASA's projects could end.
    

Japanese Reactor Is Said to Stand on Fault Line

Posted: 15 May 2013 11:16 AM PDT

Seismologists directed by Japan's new nuclear regulator said the fault showed signs of being geologically active, suggesting a high earthquake risk.
    


Under Fire, White House Pushes to Revive ‘Media Shield’ Bill

Posted: 15 May 2013 10:36 AM PDT

The Obama administration is pushing for greater protections for reporters who refuse to identify sources, even as officials faced anger over the seizure of Associated Press records.
    


U.S. Envoy Talks With Chinese About North Korea

Posted: 15 May 2013 09:55 AM PDT

The senior American envoy on the North, Glyn B. Davies, said he discussed "all aspects of the North Korea issue," including sanctions, during a visit to Beijing.
    


Louisiana Inspires Reality TV Shows

Posted: 15 May 2013 09:10 AM PDT

For reality TV show producers, Louisiana, home of "Swamp People" and "Duck Dynasty," is a gift that keeps on giving.
    

DealBook: HSBC Plans More Job Cuts in Effort to Save Up to $3 Billion

Posted: 15 May 2013 09:08 AM PDT

HSBC said on Wednesday that it planned to find an additional $2 billion to $3 billion in cost cuts by 2016 that would include the elimination of as many as 14,000 jobs.
    


Russia Hints That Spy Case Won’t Disrupt U.S Ties

Posted: 15 May 2013 09:01 AM PDT

Russia summoned the American ambassador to discuss the arrest of a man it said was a C.I.A. officer, but officials suggested they were prepared to move on.
    

Bank of England Raises Outlook for Economy

Posted: 15 May 2013 06:36 AM PDT

After years of warnings, the central bank governor, Mervyn A. King, said a recovery was "in sight." Unemployment, however, rose in the first quarter.
    


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