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US News Archive for January 2007:
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Hajj pilgrims killed
Ten Shiite pilgrims were ambushed, shot and killed as their caravan returned from the Hajj in Saudi Arabia, an Interior Ministry official in Baghdad said. The deadly ambush came as authorities announced that 101 bodies were found Tuesday and Wednesday in and around Baghdad...
CNN - January 10, 2007
Who wants to be a millionaire? They do!
Residents of this trailer-park town sitting on beachfront property have voted overwhelmingly to sell their community to a developer for more than $510 million, which could make most of them millionaires...
CNN - January 10, 2007
Top Democrats: Meeting had little impact
Top Democrats said they should have been granted an audience earlier with President Bush to discuss his new strategy for the war in Iraq. House Speaker Nancy Pelosi said their meeting Wednesday with the president "was notification, not consultation."...
CNN - January 10, 2007
Barbaro Suffers ?Significant Setback?
Veterinarians on Tuesday had to remove damaged tissue from the Kentucky Derby winner?s left hind hoof...
New York Times - January 10, 2007
House Votes to Raise Minimum Wage
The House overwhelmingly approved an increase in the minimum hourly wage to $7.25, a vote hailed by Democrats as a symbol of new leadership on Capitol Hill...
New York Times - January 10, 2007
Wage Increase Could Hinge on Tax Cuts
House Democrats are expected to vote on the measure today, but the bill?s chances are less certain in the Senate...
New York Times - January 10, 2007
President of Paramount to Leave After Brief Term
Gail Berman will leave her job as president of Viacom?s Paramount Pictures unit, according to an executive...
New York Times - January 10, 2007
State of the Art: Apple Waves Its Wand, Again
Steve Jobs has granted the wishes of millions of Apple followers and rumor mongers by turning the ordinary cellphone into the iPhone...
New York Times - January 10, 2007
US Airways raises offer for Delta
US Airways has raised its offer to buy Delta Air Lines for $10.2bn (£5.2bn), after Delta rejected a previous bid in December...
BBC News - January 10, 2007
F1: Villeneuve in Le Mans race
Ex-Formula One driver Jacques Villeneuve is to drive for Peugeot at the Le Mans 24 Hours this year...
BBC News - January 10, 2007
Brazil mine dam bursts after rain
Torrential rains burst a dam at a bauxite mine in south-east Brazil, flooding a river with residues and creating a mud slick...
BBC News - January 10, 2007
Chrysler blasts climate 'hysteria'
The chief economist of US car firm Chrysler attacks the European attitudes to global warming...
BBC News - January 10, 2007
Oil at 19-month low as stocks up
Oil prices reach a 19-month low, after US government figures show a rise in heating oil and petrol stocks...
BBC News - January 10, 2007
Activists in Guantanamo march
Protesters gather at the Guantanamo detention centre to mark the fifth anniversary of the first arrivals...
BBC News - January 10, 2007
Cisco sues Apple over iPhone
Cisco Systems is suing Apple for trademark infringement, for using the iPhone name for its new handheld device...
BBC News - January 10, 2007
Nicaragua's Ortega is inaugurated
Leftist Daniel Ortega is sworn in as president of Nicaragua after a 17-year absence from power...
BBC News - January 10, 2007
Search for missing student leads to body
Authorities searching for missing college student Jodi Sanderholm found a female body and a car belonging to the 19-year-old, and friends said a man had been stalking members of the woman's dance team...
CNN - January 10, 2007
Bush to set 'new course' on Iraq
U.S. security operations in Baghdad are fundamentally flawed and U.S. President George W. Bush will propose a "new course" during a televised address, a White House official says. In the speech -- set for 9 p.m. ET (0200 GMT) -- Bush will call for about 20,000 more troops to be sent to Iraq in an effort to pacify Baghdad, according to an unnamed U.S. official who spoke to CNN...
CNN - January 10, 2007
Somalis: Al Qaeda militant killed
A U.S.-led airstrike in Somalia has killed the suspected orchestrator of the 1998 U.S. embassy bombings in East Africa which killed 225 people, Somali officials said. However, U.S. officials would not confirm that al Qaeda's Fazul Abdullah Mohammed is dead...
CNN - January 10, 2007
Bush to 'chart new course' in Iraq
After much deliberation and speculation, President Bush will reveal his plan Wednesday night to send about 20,000 more troops to Iraq, an unnamed U.S. official said. Bush's counselor said security operations in Baghdad have been flawed and the rules of engagement are about to change...
CNN - January 10, 2007
Trade Deficit Improves for Third Straight Month
The United States?s balance of trade with the rest of the world improved in November for the third straight month...
New York Times - January 10, 2007
Spitzer Office Finds E-Mail Can Be Revealing
An e-mailed response to people seeking jobs as spokesmen was addressed to 227 other applicants...
New York Times - January 10, 2007
Coughlin to Return as Giants Coach
Tom Coughlin, who lost seven of the final nine games, was also given a one year contract extension...
New York Times - January 10, 2007
Raid in Somalia May Have Killed Qaeda Suspect
The U.S., which has not confirmed the report, says the suspect planned the embassy bombings that killed 225...
New York Times - January 10, 2007
Troops Sent in Surge to Have Limited Role, Bush Aide Says
President Bush will announce tonight that the additional American troops he plans to send to Baghdad will act only in support of Iraqi forces...
New York Times - January 10, 2007
Wii Outsells PlayStation 3 in Japan
Sales estimates showed that Sony fell far short of its goal of selling one million PlayStation 3 consoles in Japan last year...
New York Times - January 10, 2007
China's Trade Surplus Sets Record
China?s trade surplus in 2006 soared to $177.47 billion as the country?s exports continued to grow briskly...
New York Times - January 10, 2007
Guantanamo, five years on
The BBC's Paul Reynolds look at the issues surrounding the Guantanamo Bay camp five years after its first prisoners arrived...
BBC News - January 10, 2007
Can courts stop online videos?
A Brazilian judgement over a video clip on YouTube has revealed how the law is coping with the net...
BBC News - January 10, 2007
State pays Ford not to close factories
US carmaker Ford's threats to close down factories in Michigan prompt the state to offer huge subsidies...
BBC News - January 10, 2007
Rising exports cut US trade gap
The US trade gap narrows to $58bn in November, helped by rising exports, official figures show...
BBC News - January 10, 2007
Immigrant records go online
Details of passengers who emigrated from Britain by ship are published on a new website...
BBC News - January 10, 2007
Vigil for UK Guantanamo inmates
Relatives and friends are to hold a vigil for detainees from Britain being held at Guantanamo Bay, which opened five years ago...
BBC News - January 10, 2007
Ecuador-Colombia row escalates
Ecuador takes its challenge to Colombia's border coca-spraying programme to the regional body...
BBC News - January 10, 2007
Somalia: Al Qaeda militant killed
The suspected al Qaeda militant who planned the 1998 U.S. embassy bombings in east Africa was killed in an American airstrike in Somalia, an official said Wednesday...
CNN - January 10, 2007
S.M.U. Faculty Complains About Bush Library
Faculty members say they have been bypassed on an emerging agreement to host President Bush?s library...
New York Times - January 10, 2007
All the Sensitive Noses Show Just How a City Has Changed
Officials in New York and New Jersey continued to check for potential sources of whatever it was that caused a sulfurous smell...
New York Times - January 10, 2007
EU business 'more upbeat than US'
Business confidence in the European Union has overtaken that in the US, an international report suggests...
BBC News - January 10, 2007
Injured Venus out of Aussie Open
Former world number one Venus Williams pulls out of next week's Australian Open with a wrist injury...
BBC News - January 10, 2007
Source: Bush readying more troops
U.S. President George W. Bush is prepared to send about 20,000 more troops to Iraq in an effort to pacify Baghdad, with the goal of handing control of the country to Iraqi troops by November, a senior administration official says...
CNN - January 10, 2007
Chavez says he's ready to transform Venezuela
President Hugo Chavez says nothing can stop him from swiftly transforming Venezuela into a socialist state, and he faces few obstacles now that a crushing re-election win has given him free reign to pursue more radical changes...
CNN - January 10, 2007
House passes 9/11 security bill
House Democrats checked off the first item on their 100-hour agenda when a national security bill backed by the 9/11 commission was overwhelmingly approved. Lawmakers next will take up raising the minimum wage...
CNN - January 10, 2007
Bush Drops Plans to Renominate 3 Judges
The White House announced that the three candidates, all conservatives, had themselves asked for their names to be withdrawn...
New York Times - January 10, 2007
New York Tries to Think Outside the Sandbox
A playground near the South Street Seaport will have trained ?play workers? on hand to help children interact...
New York Times - January 10, 2007
Steroid Cloud Stops McGwire from Entering Hall
The former slugger was shunned by voters, while Gwynn and Ripken were near-unanimous selections...
New York Times - January 10, 2007
Beirut Memo: A Nation With a Long Memory, but a Truncated History
With sectarian tensions again boiling in Lebanon, some educators fear that failing to present a common version of historical events in schoolbooks is dooming the young to repeat the past...
New York Times - January 10, 2007
World Business Briefings: Britain: An Increase in Profit at the London Stock Exchange
The London Stock Exchange, seeking to fend off a hostile takeover by the Nasdaq Stock Market, reported a 9.9 percent increase in third-quarter profit and forecast a ?strong performance? in fiscal 2008. Net income rose to £31 million ($59.8 million) in the three months ended Dec. 31, up from £28.2 million a year earlier, the exchange said. Revenue increased 11 percent, to £89.9 million ($173.5 million). The third-quarter results ?support the board?s rejection of Nasdaq?s offer, which significantly undervalues the business and the exchange?s unique strategic position,? the exchange?s chief executive, Clara Furse, said. ?Our strong growth prospects will continue to enhance the quality of our markets.? The exchange, Europe?s biggest equity market, released its earnings about three weeks ahead of schedule and two days before Nasdaq?s offer to pay £12.43 a share expires...
New York Times - January 10, 2007
World Business Briefings: Britain: Wachovia Buys Stake in Asset Manager
The Wachovia Corporation?s asset management unit, Evergreen Investments, agreed to buy a majority stake in European Credit Management, a privately held, fixed-income investment management firm based in London. Financial terms were not disclosed. European Credit has about $26 billion in assets under management, which would lift Evergreen?s international total to more than $280 billion. Wachovia said the deal strengthens Evergreen?s presence in the London market, where the firm has a fixed-income team responsible for $17 billion in client assets, and a recently established business development and sales division for opportunities outside the United States...
New York Times - January 10, 2007
World Business Briefings: Both Sides Claim Victory in Austrian Court?s Phone Ruling
Vivendi and Deutsche Telekom both claimed victory in their long-running dispute over ownership of the Polish mobile network P.T.C. Vivendi said a Dec. 18 decision by Austria?s top court overturned an arbitration panel ruling that had sought to annul the agreement underpinning Vivendi?s earlier joint venture with Elektrim of Poland. Beginning in 1999, Vivendi invested a total of more than 2 billion euros ($2.6 billion) in the venture with Elektrim, which was set up to control P.T.C. through a 51 percent stake. In a statement, Vivendi said the court ruling had ?definitively and unambiguously? sided with its demand that Deutsche Telekom return either the cash or the shares Vivendi originally bought in P.T.C. Deutsche Telekom claims to own 97 percent of P.T.C., and a spokesman rejected Vivendi?s interpretation of the ruling, saying the top Austrian court had found in his company?s favor. Both companies? statements were issued after court offices in Vienna closed for the day...
New York Times - January 10, 2007
Stocks & Bonds: Oil?s Slide and Profit Fears Produce a Mixed Session
Wall Street trading was mixed in an erratic session yesterday as investors, uneasy about approaching earnings reports, debated whether the drop in oil prices would eventually bring down stocks as well...
New York Times - January 10, 2007
Today in Business
CHáVEZ PLAN DRAWS ALARM Investors reacted with alarm in the United States and throughout Latin America as they measured the impact of a plan by Venezuela?s president, Hugo Chávez, left, to nationalize critical areas of the economy. Flashbacks of past nationalizations during another turbulent era, in places like Cuba and Chile, helped drive down the Caracas stock exchange?s main index by almost 19 percent. [Page A1.]...
New York Times - January 10, 2007
World Business Briefings: Emissions Plan for Airlines Opposed by U.S. Diplomat
A United States diplomat warned the European Commission against adopting rules that would impose emission controls on all flights landing at European airports, a signal that Washington may take legal action if the measure became law. The diplomat, John R. Byerly, left, deputy assistant secretary of state for transportation affairs, called the proposal ?unworkable and unlawful.? The plan would force foreign airlines flying in Europe to pay for carbon dioxide emissions. Under the proposal, airlines would have to meet emissions targets starting Jan. 1, 2011, for all flights landing within the 27-member European Union. Mr. Byerly?s comments came on the eve of two days of formal talks with European officials aimed at concluding an ?open skies? treaty to open up the trans-Atlantic aviation market...
New York Times - January 10, 2007
McAfee Takes Charge to Extend Options Dates
McAfee Takes Charge to Extend Options Dates...
New York Times - January 10, 2007
$100,000 Settles Claim of Fraud
The former controller at U.S. Foodservice, a unit of Dutch supermarket operator Royal Ahold, has agreed to pay a civil penalty to settle accusations that she participated in a fraud...
New York Times - January 10, 2007
Ex-Putnam Chief Settles
WASHINGTON, Jan. 9 (Dow Jones/AP) ? The former chief executive of Putnam, Lawrence J. Lasser, will pay $75,000 to settle accusations that he failed to disclose that the investment company used fund assets to pay brokerage firms for preferred marketing agreements, regulators announced Tuesday...
New York Times - January 10, 2007
YouTube Is Back Online in Brazil
A Brazilian court said Internet service providers could allow Web surfers access to the popular video-sharing site, a day after they started blocking it because of a celebrity sex video...
New York Times - January 10, 2007
Comcast Says It Will Hire 2,800
Comcast Says It Will Hire 2,800...
New York Times - January 10, 2007
Profit at Alcoa Rises 60% on High Prices And Strong Demand
Alcoa said yesterday that fourth-quarter net income rose 60 percent on high metal prices and strong demand from aerospace, commercial transportation and building markets...
New York Times - January 10, 2007
Prosecutors Level New Charges at Conrad Black
Former newspaper tycoon Conrad M. Black is accused of insider trading and illegally posting information about his former company on a financial message board...
New York Times - January 10, 2007
Mall REIT Warns That It Might Be Forced Into Bankruptcy
The Mills Corporation, the real estate investment trust known for off-price malls in outlying suburbs that combine entertainment and shopping, said yesterday that it was running out of cash and might be forced to seek bankruptcy protection, putting its shareholders at risk of losing their investment...
New York Times - January 10, 2007
U.S. Chooses United for Nonstop Flights to China
The United States government has tentatively selected United Airlines to provide new nonstop service to China, federal regulators and the airline said...
New York Times - January 10, 2007
Russia Considers Alternatives to Oil Pipeline Through Belarus
The Russian president raised the possibility of cutting Belarus out of any role in the transshipment of oil to Europe...
New York Times - January 10, 2007
Viewership Ranks 3rd for a B.C.S. Final
The Bowl Championship Series national title game Monday night attracted an average of 28.8 million viewers to the Fox broadcast...
New York Times - January 10, 2007
Dow Jones Plans Layoffs at Newswires and Factiva
Dow Jones Plans Layoffs at Newswires and Factiva...
New York Times - January 10, 2007
U.S. Prohibits All Transactions With a Major Iranian Bank
The U.S. concluded that the bank had been involved in illicit weapons programs...
New York Times - January 10, 2007
I.R.S. Use of Private Debt Collectors Is Criticized
The national taxpayer advocate called on Congress to repeal the authority of the Internal Revenue Service to use private debt collectors...
New York Times - January 10, 2007
Banks Settle Claims in Auction Inquiry
WASHINGTON, Jan. 9 (Dow Jones/AP) ? A subsidiary of Deutsche Bank, the Bank of New York Company and the Wilmington Trust Company have agreed to pay a combined $1.6 million to settle claims in an investigation of the $200 billion auction-rate securities market...
New York Times - January 10, 2007
Advertising: A Procession of Penguins Arrives on Madison Ave.
Three successful movies with penguin characters have helped turn the cute creature into the new pitchbeast of choice...
New York Times - January 10, 2007
$82.9 Million For Howard Stern
Sirius Satellite Radio paid Howard Stern an $82.9 million stock bonus after the company beat a subscriber goal set two years ago when it lured him away from traditional radio...
New York Times - January 10, 2007
Dell Says Plant a Tree, Help the Environment
Michael S. Dell urged the electronics industry to foster the planting of trees to offset the effect on the environment of the energy consumed by the devices they make...
New York Times - January 10, 2007
G.M. Officer Says Toyota Is Stronger in Washington
The vice chairman of G.M. said that Toyota had ?more congressmen and senators? fighting for its interests, because it had built new factories in a large number of states...
New York Times - January 10, 2007
The Future of Economics Isn?t So Dismal
Economists have been using their tools ? mainly the analysis of enormous piles of data to tease out cause and effect ? to examine everything from politics to French wine vintages...
New York Times - January 10, 2007
Square Feet: Slot Machines May Ring Where Steel Was Once Forged
A former steel plant in a small Pennsylvania town is now the site of a proposed $600 million casino, hotel and mall complex...
New York Times - January 10, 2007
Thailand May Add Measures to Restrict Foreign Investment
Thailand warned that it might add further restrictions to foreign investors, ignoring warnings that the move was ill timed and damaging for a fragile economy...
New York Times - January 10, 2007
Ruling Seen as Giving an Edge to Challengers of Patents
The Supreme Court held that the holder of a patent license can sue to challenge the patent?s validity without first refusing to pay royalties and putting itself in breach of the license agreement...
New York Times - January 10, 2007
Big Names Competing for India?s 2¢-a-Minute Caller
To make cellular service widely accessible in this nation of 1.1 billion people, a company has to practically give it away...
New York Times - January 10, 2007
Home Depot Board Faces New Outcry
Now that the board has ousted Home Depot?s chairman and chief executive, Robert L. Nardelli, shareholders are expecting big changes at the home improvement retailing giant...
New York Times - January 10, 2007
U.S. to Raise Royalty Rates for Oil and Gas Leases in the Gulf
The Bush administration, accused of failing to collect billions from companies that drill in U.S. waters, will increase royalty rates on all new deepwater leases in the Gulf of Mexico...
New York Times - January 10, 2007
Big Three Look Back to Past Glories and Dream of Muscle
Detroit automakers are trying to play up a distinct advantage over their Asian and European competitors - their design of the American muscle car...
New York Times - January 10, 2007
Apple Introduces Innovative Cellphone
The iPhone will cost $499 or $599 and will be available with a single carrier, Cingular Wireless, at midyear...
New York Times - January 10, 2007
Congress to Take Up Net?s Future
Senior lawmakers have begun drafting legislation that would prevent high-speed Internet companies from charging content providers for priority access...
New York Times - January 10, 2007
Venezuelan Plan Shakes Investors
Investors reacted with alarm to a plan by President Hugo Chávez to nationalize crucial areas of the economy...
New York Times - January 10, 2007
Bush backs Alaskan oil drilling
US President George W Bush gives the go-ahead to drill oil and gas in an Alaskan bay known for wildlife...
BBC News - January 10, 2007
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