LONDON — In a bold bid to reduce its debt burden, Greece offered on Monday to spend as much as 10 billion euros to buy back 30 billion euros of its bonds from investors and banks. While the buyback had been expected, the prices offered by the government were above what the market had forecast, with a minimum price of 30 euro cents and a maximum of 40 cents, for a discount of 60 percent to...
Dec
03
Young and Educated in France Find Employment Elusive
Label: WorldColin Delfosse for The New York TimesJustine Forriez, 23, holds a master’s degree in health administration. But after an apprenticeship, she is living on state aid and working at off-the-books jobs. LILLE, France — Justine Forriez wakes up early to go onto the computer to look for a job. She calls university friends and contacts; she goes to the unemployment office every week, though mostly for the...
Chiefs beat Panthers at somber Arrowhead Stadium
Label: LifestyleKANSAS CITY, Mo. (AP) — Romeo Crennel stood in the middle of the Kansas City Chiefs' locker room Sunday, the emotion threatening to overcome the good-natured coach.Chiefs owner Clark Hunt was at his side, offering support. Members of the team hugged each other, the mud smearing with tears on their cheeks. And over along the wall stood the empty locker that once belonged to Jovan Belcher, his jersey...
Vietnam Veterans, Claiming PTSD, Sue for Better Discharges
Label: HealthNEW HAVEN — In the summer of 1968, John Shepherd Jr. enlisted in the Army, figuring that the draft would get him anyway. By January 1969, he was in the Mekong Delta, fighting with the Ninth Infantry Division. Within a month, his patrol was ambushed, and Mr. Shepherd responded by tossing a hand grenade into a bunker that killed several enemy soldiers. The Army awarded him a Bronze Star with...
Advertising: Ford Plan to Revive Lincoln Hinges on a New Brand
Label: BusinessAn unusual ad campaign features Abraham Lincoln, the president for whom the car brand is named. DEARBORN, Mich. — In the fiercely competitive world of luxury cars, the Ford Motor Company’s Lincoln brand has long been stuck in the slow lane, with stodgy models, older buyers and a distinct lack of pizazz. But Ford is determined to change that. On Monday, the company will announce upgraded customer...
Dec
02
With Aid, Afghan ‘Honor’ Victim Inches Back
Label: WorldMauricio Lima for The New York TimesGul Meena, who was reportedly attacked by her brother for dishonoring their family, recovering at a hospital in Jalalabad. JALALABAD, Afghanistan — It is doubly miraculous that the young woman named Gul Meena is alive. After she was struck by an ax 15 times, slashing her head and face so deeply that it exposed her brain, she held on long enough to reach medical...
Alabama holds off Georgia 32-28, advances to Miami
Label: LifestyleATLANTA (AP) — Alabama got a hand on the ball, which wobbled into the arms of a Georgia receiver who wasn't supposed to catch it.Before the Bulldogs could get off another play, the clock ran out.The Crimson Tide is heading back to the national championship game.By a mere 5 yards.AJ McCarron threw a 45-yard touchdown pass to Amari Cooper with 3:15 remaining and No. 2 Alabama barely held on at the end,...
Opinion: A Health Insurance Detective Story
Label: HealthI’VE had a long career as a business journalist, beginning at Forbes and including eight years as the editor of Money, a personal finance magazine. But I’ve never faced a more confounding reporting challenge than the one I’m engaged in now: What will I pay next year for the pill that controls my blood cancer? After making more than 70 phone calls to 16 organizations over the past few weeks,...
As Companies Seek Tax Deals, Governments Pay High Price
Label: BusinessIn the end, the money that towns across America gave General Motors did not matter. When the automaker released a list of factories it was closing during bankruptcy three years ago, communities that had considered themselves G.M.’s business partners were among the targets. For years, mayors and governors anxious about local jobs had agreed to G.M.’s demands for cash rewards, free buildings,...
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