Wednesday, June 29, 2011 Last Update: 6:45 PM ET

Despite Fears, Owning Home Retains Allure, Poll Shows

Nearly nine in 10 Americans see owning a home as part of the American dream, even as many doubt their home is a good investment, according to the latest New York Times/CBS News poll.

Obama Scolds G.O.P. Leaders for Not Acting Sooner on Debt

President Obama in a news conference said he believed Republicans would accept more taxes to avoid default and voiced exasperation at the pace of negotiations between the administration and Congress leaders.

Mine Owners Misled Inspectors, Investigators Say

Massey Energy, the owner of the West Virginia mine where 29 people died last year, kept accounts of hazardous conditions out of official record books, federal investigators say.

Second Defendant Acquitted in Fatal Deutsche Bank Fire

A site safety supervisor was found not guilty in Manhattan a day after another defendant was acquitted, underscoring the difficulty in prosecuting cases involving mistakes at construction sites.

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The Barclays Center, the future 18,000-seat arena at the center of the Atlantic Yards project.
Michael Appleton for The New York Times

In Alliance, Nets Arena to Offer Arts

The Brooklyn Academy of Music will offer cultural programming for the 18,000-seat Barclays Center arena, future home of the Nets in downtown Brooklyn.

Today’s TimesCast

A vote in Greece bolsters investor confidence but sparks protests; and more.
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Greek Parliament Approves Austerity Plan

Parliament voted in an austerity plan that foreign lenders required before Greece could receive additional funds.

DealBook
New Investment Strategy: Preparing for End Times

Europe’s debt crisis, as well as uprisings and natural disasters, are prompting a search for portfolio protection in the event of economic Armageddon.

Obama Stops Short of Backing Gay Marriage

President Obama made comments just short of endorsing the notion that gay people have the right to marry.

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Prescriptions Blog
F.D.A. Again Rejects Avastin for Breast Cancer

Advisers found that the drug was neither effective nor safe for treatment of metastatic breast cancer.

Fed Caps Debit Card Fees for Merchants

The Federal Reserve halved the fees banks receive from retailers when a customer uses a debit card.

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Improving Online Shopping
Improving Online Shopping

A new Web site, AHAlife, tries to offer a sense of discovery.

 

Fighting Town Hall

A restaurateur struggles to get approval to reopen his business after a fire.

Behind the Wheel | 2011 Chrysler Town & Country
A Clean Balance Sheet for a Corporate Asset
A Clean Balance Sheet for a Corporate Asset

The company says the new minivan has been only re-engineered a bit, but the van feels like an all-new, and better, vehicle.

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Corner Office: John W. Rowe
A Sitting Duck Can’t Catch a Moving Turkey

A Sitting Duck Can’t Catch a Moving Turkey

John W. Rowe of Exelon, the electric utility, says he learned early in his career that it’s always important to take action — “to always be looking for something to do that moves the ball.”

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