U.S. Strategy on Afghanistan Will Contain Many Messages

WASHINGTON—In declaring Tuesday that he would “finish the job” in Afghanistan, President Obama used a phrase clearly meant to imply that even as he deploys an additional 30,000 or so troops, he has finally figured out how to bring the eight-year-long conflict to an end.

CIT files for bankruptcy protection

CIT Group, the troubled US commercial lender that has been in business for more than a century, on Sunday filed for bankruptcy after attempts at a restructuring or bail-out failed.
In a statement, CIT said it had asked the bankruptcy court to quickly confirm its prepackaged bankruptcy plan, which has broad support from its debt holders and on Friday received backing from Carl Icahn, the billionaire investor.