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ArcelorMittal Reports Big Drop in Operating Income

ArcelorMittal Reports Big Drop in Operating Income


ArcelorMittal Reports Big Drop in Operating Income

Posted: 31 Jul 2013 11:44 PM PDT

The world's largest steel company reported operating income of $352 million, a decline of about 70 percent compared to a year earlier.
    


China Reports Increase in Manufacturing

Posted: 31 Jul 2013 11:29 PM PDT

The manufacturing index, provided by the Chinese authorities, indicated that recent small-scale economic support measures in Beijing might be having some effect on demand.
    


Sending Message to Iran, House Approves Tougher Sanctions

Posted: 31 Jul 2013 06:37 PM PDT

The House overwhelmingly approved legislation on Wednesday that would impose the toughest sanctions yet on Iran, calling the measure a critical step to cripple the country's disputed nuclear program.
    


Lawmakers in Uruguay Vote to Legalize Marijuana

Posted: 31 Jul 2013 06:25 PM PDT

Legislators approved the bill, opening the way for the authorities to create one of Latin America's most ambitious nationwide endeavors in overhauling drug policy.
    


Rome Journal: Road Through Roman History Creates Colossal Headache

Posted: 31 Jul 2013 06:22 PM PDT

A plan to ban private vehicles on Via dei Fori Imperiali, a wide, busy artery that passes the Colosseum, has pit the mayor and conservationists against residents and shops.
    

Bits Blog: Is Google More Like Microsoft or Apple?

Posted: 31 Jul 2013 06:22 PM PDT

Microsoft has a tech culture that yearns for more features. Apple prizes design and simplicity. Where is Google on the spectrum?
    


Grand Slam ... Maybe: Park Seeks Win at British Open

Posted: 31 Jul 2013 06:17 PM PDT

Inbee Park is trying to win her fourth major this year, but the potential historic moment has a wrinkle: women's golf now has five majors, so it's unclear what constitutes a Grand Slam.
    

Senate Panel Presses N.S.A. on Phone Logs

Posted: 31 Jul 2013 06:01 PM PDT

Senators of both parties sharply challenged the collection of records of all domestic phone calls, as the latest leaked N.S.A. document provided new details on the way the agency monitors Web browsing around the world.
    


Egypt Vows to End Sit-Ins by Supporters of Deposed President

Posted: 31 Jul 2013 05:35 PM PDT

An order by the government to security forces to break up the protests aroused fears of a new round of violent clashes.
    


Despite West’s Efforts, Afghan Youths Cling to Traditional Ways

Posted: 31 Jul 2013 05:32 PM PDT

While Afghan youths cultivate Western values — American jeans and smartphones — they are bound to their society's conservative ways despite the best efforts of the West.
    

New Tools for Keeping the Lights On

Posted: 31 Jul 2013 05:27 PM PDT

New instruments have been installed to try to prevent another huge power failure like the one that cut off electricity for 50 million people in 2003.
    


In Heavy Zimbabwe Voting, No Repeat of Disastrous 2008 Events

Posted: 31 Jul 2013 03:59 PM PDT

Millions of Zimbabweans went to the polls on Wednesday in what many there are calling the most pivotal election since the nation voted out white rule.
    


T Magazine: Food Matters | A Meeting of the United Nations of Gastronomy

Posted: 31 Jul 2013 03:13 PM PDT

The Club des Chefs des Chefs, an organization composed entirely of chefs who serve international heads of state, kicked off its fun-loving annual summit in New York last weekend.
    

In Gaza, Iran Finds an Ally More Agreeable Than Hamas

Posted: 31 Jul 2013 03:09 PM PDT

Unlike Hamas, Islamic Jihad, also a militant group, has kept up relations with the government of President Bashar al-Assad, a longtime Iranian ally.
    


U.N. Warns It Will Disarm Congo Rebels

Posted: 31 Jul 2013 02:58 PM PDT

In an uncharacteristically stern warning, the United Nations ordered individuals near the eastern city of Goma to turn in their weapons or be deemed "an imminent threat to civilians."
    


Tool Kit: Virtual Currency Gains Ground in Actual World

Posted: 31 Jul 2013 02:25 PM PDT

Bitcoins trade like a commodity, but more businesses are accepting them as money.
    

Some Syria Missiles Eluded Israeli Strike, Officials Say

Posted: 31 Jul 2013 01:28 PM PDT

American officials said further Israeli strikes are likely after concluding that a recent strike was not successful in destroying all of the missiles they had been targeting.
    


Up Close : The Marginalized, Front and Center

Posted: 31 Jul 2013 01:00 PM PDT

The photographer Peter Baryshnikov, the dance icon's son, trains his camera on a destitute slice of life in Guatemala.
    


U.S. Economy Grew at 1.7% Rate in 2nd Quarter, Faster Than Expected

Posted: 31 Jul 2013 10:31 AM PDT

The increase in the gross domestic product was hardly indicative of boom times, but it showed an improvement from earlier this year.
    


Recipe Lab: Recipe Lab Video Chat on ‘Jerusalem’

Posted: 31 Jul 2013 10:01 AM PDT

The authors of "Jerusalem: A Cookbook," Yotam Ottolenghi and Sami Tamimi, joined Julia Moskin and three home cooks for a live video chat to discuss a recipe for chicken with onions and rice.
    

Facebook Briefly Trades Above I.P.O. Price

Posted: 31 Jul 2013 09:52 AM PDT

Shares in the company have risen about 34 percent since it announced a surprisingly strong earnings report last week.
    

NEC to Exit Japanese Smartphone Market

Posted: 31 Jul 2013 09:48 AM PDT

The former leading mobile phone maker in Japan had watched its share of the domestic market dwindle to 5.3 percent, down from 28 percent in 2001.
    


Power Is Cut to Philippine Province Over Unpaid Bills

Posted: 31 Jul 2013 09:47 AM PDT

More than one million people lost electricity for over 24 hours after a power cooperative was cut off for $92 million in unpaid bills.
    


Egypt's Rulers Signal Move Against Brotherhood Vigils

Posted: 31 Jul 2013 09:37 AM PDT

Egypt's new rulers said on Wednesday vigils by supporters of deposed President Mohamed Mursi threatened national security, and signalled that they would end them, setting up a potentially bloody showdown with the Muslim Brotherhood.
    

The 6th Floor Blog: An Easter Egg Hunt With Stephen King and Family

Posted: 31 Jul 2013 09:27 AM PDT

Members of the literary family — which includes five novelists — leave curious references to one other's characters and ideas in their books.
    

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