Senate Leaders Set to Work on a Last-Minute Tax Agreement

Luke Sharrett for The New York TimesIn a televised statement at the White House after meeting with Congressional leaders on Friday, President Obama said he was “modestly optimistic” that an agreement could be reached. WASHINGTON — At the urging of President Obama, the Democratic and Republican leaders of the Senate set to work Friday night to assemble a last-minute tax deal that could pass both chambers...

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Guangzhou Journal | Changing of the Guard: With Focus on Unity, China Looks to Nationalist Past

Shiho Fukada for The New York TimesTourists at the Whampoa Military Academy, on Changzhou Island in Guangzhou. GUANGZHOU, China — It was 1926, not long after the fall of the Qing dynasty, and much of China had been divided among warlords. In the south, leaders of the young Kuomintang mustered an army. At its head rode Chiang Kai-shek, who called to his side officers he had helped train, and together...

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Instagram gains users in December despite recent uproar as Zynga gets pecked to death by rivals

Zynga (ZNGA), the Facebook (FB) app behemoth, still reigns supreme on its most important platform. But the erosion of its dominant position continues as smaller rivals keep chipping away at its market share. On December 26, Zynga-owned Facebook applications had 267 million Monthly Active Users, down 20 million in two weeks. Far behind it followed Microsoft (MSFT) with 70 million MAU,...

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Net loss: Brooklyn fires coach Avery Johnson

NEW YORK (AP) — Coach of the month in November, out of a job by New Year's.The Brooklyn Nets have elevated expectations this season, and a .500 record wasn't good enough. Coach Avery Johnson was fired Thursday, his team having lost 10 of 13 games after a strong start to its first season in Brooklyn."We don't have the same fire now than we did when we were 11-4," general manager Billy King said at...

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Surgery Returns to NYU Langone Medical Center

Chang W. Lee/The New York TimesSenator Charles E. Schumer spoke at a news conference Thursday about the reopening of NYU Langone Medical Center. NYU Langone Medical Center opened its doors to surgical patients on Thursday, almost two months after Hurricane Sandy overflowed the banks of the East River and forced the evacuation of hundreds of patients. While the medical center had been treating...

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Wind Farm Developers Race Against End of Tax Credit

WASHINGTON — Forget about parties, resolutions or watching the ball drop. To Iberdrola Renewables, New Year’s Eve will mean checking on last-minute details like the data connections between 169 new wind turbines in New Hampshire, Massachusetts and California and its control center in Portland, Ore. All over the country, developers are in a sprint to get new wind farms up and running before...

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India Ink: Prime Minister Singh Warns 'Business As Usual' Will Not Work

Prime Minister Manmohan Singh addressed a meeting of the National Development Council in New Delhi on Thursday. The meeting was called to finalize a draft of India’s 12th five-year plan (2012-17) that aims for faster, more inclusive and sustainable growth. Mr. Singh emphasized the need to improve gender inequality and said that “business as usual,” will not help achieve high economic growth.Read excerpts...

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Apple still can’t build enough iPad minis

A common issue often presents itself when Apple (AAPL) launches new products: it can’t build them fast enough. We’ve seen it time and time again, most recently when Apple launched the iPhone 5 and 150,000 dedicated factory workers still couldn’t keep up with demand. Now, a report has surfaced claiming that Apple’s manufacturing partners in the Far East can’t build units fast enough to keep pace with...

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Peyton Manning, Peterson make Pro Bowl

NEW YORK (AP) — Peyton Manning and Adrian Peterson want to cap their sensational comebacks with Super Bowl appearances. For now, they can be proud of Pro Bowl spots.So can Redskins quarterback Robert Griffin III, one of two rookies chosen Wednesday for the Jan. 27 NFL all-star game.Manning missed all of the 2011 season with neck and back problems that required several operations. He then signed with...

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Creating the Ultimate Housework Workout

Robert Wright for The New York TimesChris Ely, an English butler, and Carol Johnson, a fitness instructor at Crunch NYC, perfecting a houseworkout. CAN housework help you live longer? A New York Times blog post by Gretchen Reynolds last month cited research linking vigorous activity, including housework, and longevity. The study, which tracked the death rates of British civil servants, was the latest...

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