The New York Times

Wednesday, June 29, 2011 Last Update: 2:04 PM ET

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

By MICHAEL D. SHEAR 12 minutes ago

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.

President Obama held a news conference at the White House on Wednesday.
Doug Mills/The New York Times

Greece Passes Austerity Plan to Avert Crisis

By RACHEL DONADIO and NIKI KITSANTONIS 2 minutes ago

Greece’s Parliament voted in favor of an austerity plan required by the country’s foreign lenders before it could receive additional funds.

Syria Pulls Armed Forces Back From Some Areas

By ANTHONY SHADID 21 minutes ago

The military’s withdrawal from Hama has surprised even some activists and diplomats, who differ on whether the departure points to a government strategy or weakness.

$14 Billion Is Set Aside in Mortgage Settlement

By NELSON D. SCHWARTZ and ERIC DASH 11:14 AM ET

Bank of America will see a multibillion-dollar loss in the second quarter, taking on the biggest single settlement tied to the subprime mortgage boom.

France Admits to Arming Libyan Rebels
By DAVID JOLLY and MAÏA DE LA BAUME 12:33 PM ET

Rebels were given “assault rifles, machine guns and rocket-propelled grenades and launchers,” France said.

Appeals Court Upholds Obama’s Health Care Plan
By KEVIN SACK 16 minutes ago

The decision affirmed a Michigan ruling that Congress can require that Americans obtain health insurance.

Near Dock, a Taste of Home for Filipino Ship Staff
By SAM DOLNICK 11:46 AM ET
Cruise ship workers from the Philippines looking for a taste of home while docked in Red Hook, Brooklyn, find it at Philly-Pinoy. The owner, Benjamin David, a former cruise ship waiter, barbecued chicken last week.

Cruise ship workers flock to a food stand in Red Hook serving pork blood stew and other Filipino delicacies.

Tsonga Upsets Federer in Five Sets
By CHRISTOPHER CLAREY 12:31 PM ET

Novak Djokovic reached the semifinals while Roger Federer was stopped by Jo-Wilfried Tsonga.

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