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US News Archive for May 2006:
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Putin wants stronger army
President Vladimir Putin uses his state of the nation address to announce measures to boost Russia's falling birthrate and call for a stronger army -- though he also takes a swipe at the U.S. after recent remarks by Vice-President Dick Cheney...
CNN - May 10, 2006
Minorities becoming closer to the majority
Hispanics born as American citizens accounted for more than 30 percent of the increase in the U.S. population last year, the Census Bureau reported. "It mutes the illegal versus legal debate," said the director of domestic programs for the Population Reference Bureau in Washington. "We need to be more focused on how we meet the needs of children in immigrant families who are citizens."...
CNN - May 10, 2006
Judge Who Was Considered for Highest Court Resigns
Judge J. Michael Luttig resigned today to become senior vice president and general counsel of the Boeing Company...
New York Times - May 10, 2006
Poll: Democrats lead GOP by double digits
A CNN poll released Wednesday may continue the anxiety for the GOP, showing Democrats with a 14-point advantage over Republicans among registered voters asked their preferences in this year's midterm elections. Republicans enjoy a 29-seat majority in the House and a 10-seat majority in the Senate, but political watchers say those majorities, especially the one in the House, may be threatened...
CNN - May 10, 2006
Birds Return to Europe Without Virus
The H5N1 flu virus was expected to spread to Africa during the winter migration and return this spring...
New York Times - May 10, 2006
Online Game Galaxy Gets a New Race of Characters
In World of Warcraft, players will be able to join an otherworldly species called the Draenei...
New York Times - May 10, 2006
Housing Secretary Denies Rejecting Contract of Opponent
Alphonso Jackson sought to head off a furor today over his recent account of scuttling the contract of an opponent of the president...
New York Times - May 10, 2006
Manager Sentenced for Rhode Island Nightclub Fire
Daniel Biechele, a former rock band manager, ignited pyrotechnics that caused a fire that killed 100 people...
New York Times - May 10, 2006
House Approves Bill to Extend Tax Cuts
The House of Representatives sent the measure to the Senate, where passage is expected by Thursday...
New York Times - May 10, 2006
Fed Raises Key Rate to Highest Level in 5 Years
The Federal Reserve said today that it may need to raise borrowing costs further in the coming months to contain inflation...
New York Times - May 10, 2006
Athletics: Gatlin seeks new record
Justin Gatlin hopes to set a new 100m world record at Friday's IAAF Super Tour meeting in Doha...
BBC News - May 10, 2006
Texas struck by deadly tornadoes
Tornadoes hit Texas and Oklahoma, leaving at least three people dead and 10 others injured...
BBC News - May 10, 2006
US attacks China on yuan reform
The US attacks China for making "too little progress" in reforming its exchange rate, after it revalued the yuan...
BBC News - May 10, 2006
Women claim Mexico police rapes
Mexican police are accused of raping or sexually abusing women during riots in San Salvador Atenco last week...
BBC News - May 10, 2006
Baghdad toll: 1,091 dead in April
Baghdad's morgue reports that 1,091 people were killed in the city's regular violence in April, the Iraqi president's office says in a statement...
CNN - May 10, 2006
Online Game With Millions of Players to Expand
In World of Warcraft, players will be able to join an otherworldly species called the Draenei...
New York Times - May 10, 2006
'Survivors' Stairway' Is Marked as Endangered
The label will raise the profile of a significant architectural artifact at ground zero...
New York Times - May 10, 2006
2 Top Officers Criticized for Arrests at 2004 G.O.P. Convention
The officers yelled incomprehensible orders to marchers, resulting in many unnecessary arrests, the Civilian Complaint Review Board said...
New York Times - May 10, 2006
Five Iraqis Escape U.S. Military Prison
Five Iraqi prisoners escaped early today from an American prison in the country's north, the military said...
New York Times - May 10, 2006
After 335,000 Miles, a Robbery Splits Man and Bike
Heinz Stücke made his way around the world, always on the same bicycle. Until he reached Britain...
New York Times - May 10, 2006
G.O.P. Lawmakers Agree to Extend Tax Cuts
The bill would extend tax cuts for investors until 2010 and block a jump in the alternative minimum tax...
New York Times - May 10, 2006
Toyota Posts 17.2% Jump in Net Profit
Toyota, now the world's most profitable manufacturing company, is also the world's tenth most-profitable publicly traded corporation of any sort, behind Microsoft...
New York Times - May 10, 2006
Microsoft and Google Grapple for Supremacy
The Microsoft-Google rivalry is shaping up as a titanic corporate clash for the ages...
New York Times - May 10, 2006
Maytag axes 4,500 Whirlpool jobs
Appliance group Whirlpool sacks 4,500 people as it integrates Maytag following a $1.8bn takeover...
BBC News - May 10, 2006
Nasdaq holding in LSE nears 25%
The US stock market Nasdaq raises its stake in the London Stock Exchange to almost 25% in two separate deals...
BBC News - May 10, 2006
Athletics: Jones set for comeback
Marion Jones is still some weeks away from a return to competition, says her agent...
BBC News - May 10, 2006
Cricket: Windies look for win
West Indies will look for a series win over Zimbabwe in the Caribbean's first day-night one-day international...
BBC News - May 10, 2006
US rates set for five-year high
The US central bank is widely expected to raise rates to 5% on Wednesday - their highest level in five years...
BBC News - May 10, 2006
US oil worker killed in Nigeria
A US oil worker is shot dead in Nigeria's troubled southern city of Port Harcourt...
BBC News - May 10, 2006
Putin address avoids U.S. clash
President Vladimir Putin uses his state of the nation address to announce measures to boost Russia's falling birthrate and called for a stronger army but chooses to ignore sharp criticism from Washington...
CNN - May 10, 2006
Three dead as tornadoes sweep through Texas
Three people were killed when tornadoes moved through North Texas, a county official said Wednesday. The North Texas victims included an elderly couple and a teenager, but the official didn't release their identities...
CNN - May 10, 2006
Palestinians to get interim aid
The quartet of Middle East peace brokers agree on a new way to get direct aid, including $10 million in medical assistance, to the Palestinians, who have seen most international aid frozen since Hamas was elected...
CNN - May 10, 2006
Ford Motor Company to Close Seven North American Plants
DETROIT, May 9 (Reuters) — The Ford Motor Company lowered its global market share projections and said on Tuesday that it would close seven North American plants from 2010 to 2012 as part of its previously announced revamping...
New York Times - May 10, 2006
Sara Lee Corp. Profit Off 78 Percent
CHICAGO, May 9 (AP) — The Sara Lee Corporation, maker of products ranging from baked goods to Hanes underwear, said Tuesday that its quarterly profit declined 78 percent, hurt by charges to sell off businesses and by weaker sales...
New York Times - May 10, 2006
Strong Earnings Boost Fluor Corporation Stock
By Reuters...
New York Times - May 10, 2006
A.& P. Quartlerly Loss Suggests Merger Pursuit
By Reuters...
New York Times - May 10, 2006
Net Retailer Subpoenaed
By Reuters...
New York Times - May 10, 2006
Watson Pharmaceuticals Posts 35 Percent Decline in Profit
By Reuters...
New York Times - May 10, 2006
AOL to Cut 1,300 Jobs
Time Warner said Tuesday it would eliminate 7 percent of the staff at AOL as part of an effort to reduce costs by $1 billion...
New York Times - May 10, 2006
More Infections Tied to Bausch Contact Cleaner
Government health authorities found a sharp increase in infections among users of ReNu lens cleaner made in Greenville, S.C...
New York Times - May 10, 2006
Halliburton in Indian output deal
India's state-owned energy company ONGC signs an agreement with Halliburton over three oil fields...
BBC News - May 10, 2006
Mother held over laxative cookies
A woman is charged in the US after allegedly helping her daughter spike a teacher's cookies with laxatives...
BBC News - May 10, 2006
US warns of 'global meth threat'
The US authorities warn that addictive drug methamphetamine has become a "global threat"...
BBC News - May 10, 2006
TV shows boost Disney profits
Popular TV series Desperate Housewives and Lost help profits at Walt Disney, as its film arm sees income fall...
BBC News - May 10, 2006
Hacker faces extradition to US
Hacker Gary McKinnon should be extradited to the US, rules a UK judge...
BBC News - May 10, 2006
Zapatistas warn of 'social rage'
Mexico's Zapatista rebel leader Subcomandante Marcos warns that the country is in a state of rage...
BBC News - May 10, 2006
Friends: Gunman talked about attacking police
A troubled teenager who died in a shootout with officers in suburban Washington said repeatedly more than a year ago that he planned to attack a police station, friends of the gunman said. "He started making those jokes about shooting up a police station about a year ago, but we never took him seriously," said Yasmeen Davis, 18...
CNN - May 10, 2006
Incentives plan proposed for Iran
Britain, France and Germany are cobbling together a United Nations incentives package to induce Iran to halt its nuclear program, a European diplomat says...
CNN - May 10, 2006
Red Sox 14, Yankees 3: Red Sox Punish the Sloppy Yankees
The Boston Red Sox hammered the Yankees, chasing Randy Johnson with two outs in the fourth inning and taking advantage of three Yankees errors, including two by Alex Rodriguez...
New York Times - May 10, 2006
Clash Foreseen Between C.I.A. and Pentagon
The military is rapidly pushing into the realm of "human intelligence," which has been the role of the much smaller Central Intelligence Agency...
New York Times - May 10, 2006
On 2nd Try, Booker Glides In as Newark Mayor
Voters who shunned Cory Booker in 2002 indicated they were ready for change after only two mayors in the past 36 years...
New York Times - May 10, 2006
Poll Gives Bush Worst Marks Yet on Major Issues
Unhappiness about gasoline prices and Iraq have created a grim political environment for the president, according to the latest Times poll...
New York Times - May 10, 2006
On a Fault Line, a Divide Opens Between Editors
In Marin County, Calif., a bizarre feud between the past and present owners of a newspaper now involves a restraining order...
New York Times - May 10, 2006
Court Rules Pork Processor Broke Law in Fighting Union
A union had accused the Smithfield Packing Company of skewing a 1997 election by intimidating and firing workers at a giant pork-processing plant in Tar Heel, N.C...
New York Times - May 10, 2006
New York Dominates at Beard Awards
New York chefs and restaurants won awards in seven of 11 top categories at the James Beard Foundation ceremonies held Monday night at the Marriott Marquis...
New York Times - May 10, 2006
NRG Energy Revenue Doubles, but Earnings Fall
By Reuters...
New York Times - May 10, 2006
Chen Li, 77, Top Editor at The China Daily, Dies
Chen Li was a Chinese journalist and former editor in chief of The China Daily, the government's main English-language newspaper...
New York Times - May 10, 2006
Letter From Sweden: An Economy With Safety Features, Sort of Like a Volvo
The question some Europeans are asking is: Would the Nordic model work farther south, in Germany or France, or even Italy?...
New York Times - May 10, 2006
G.O.P. Lawmakers Agree on Bill to Extend Tax Cuts
The bill would extend President Bush's tax cuts for investors until 2010 and block a jump in the alternative minimum tax...
New York Times - May 10, 2006
Times Promotes a Circulation Executive
Susan Telesmanic of the circulation department of The New York Times has been appointed vice president for consumer marketing...
New York Times - May 10, 2006
Little by Little, an Overnight Success
Downtown revival seemed off to a slow start after 9/11. Suddenly, seemingly overnight, it is starting to burst into bloom...
New York Times - May 10, 2006
Aiming for Leases Instead of the End Zone
Roger Staubach has built his 25-year commercial real estate career by representing tenants rather than landlords...
New York Times - May 10, 2006
Dow Reaches 6-Year High After Analyst Upgrades G.M.
By The Associated Press...
New York Times - May 10, 2006
Six Flags Losses Widen, but Beat Analysts' Expectations
By Reuters...
New York Times - May 10, 2006
Saudis Plan Middle East Financial Center
Saudi Arabia said it hoped to build a financial district in its capital, Riyadh, and sell a majority stake in its stock exchange...
New York Times - May 10, 2006
Cablevision Narrows Loss in First Quarter
The company reported a narrower first-quarter loss of $58.9 million on higher earnings from its core cable TV business...
New York Times - May 10, 2006
Time Wins Top Award for Magazine Excellence
The weekly was honored for its coverage of Hurricane Katrina and its look inside the interrogation rooms at Guantánamo Bay...
New York Times - May 10, 2006
ABC and Parks Bolster Disney
The Walt Disney Company said second-quarter profit rose 12 percent on strong sales at theme parks and the ABC network...
New York Times - May 10, 2006
Rise in Demand Pressures Wholesalers
By Bloomberg News...
New York Times - May 10, 2006
US Airways Says It Made a Profit
By Bloomberg News...
New York Times - May 10, 2006
Merck Buys Two Research Companies for $500 million
WHITEHOUSE STATION, N.J., May 9 (AP) — Merck, the big drug manufacturer based here, is spending nearly $500 million to buy two smaller research companies, the company announced Tuesday...
New York Times - May 10, 2006
Mittal Steel to Take Bid for Arcelor Directly to Shareholders
Mittal, the world's largest steel company, planned to take its $27 billion bid for Arcelor directly to shareholders as soon as next week...
New York Times - May 10, 2006
Special Tax Cost Investors Tax Breaks, Report Shows
Because of the alternative minimum tax, more than a third of investors last year paid higher taxes on their long-term capital gains...
New York Times - May 10, 2006
Gold Keeps Moving Higher, and the Dow Does the Same
The price leap came as investors weighed an assortment of worries about geopolitics and energy...
New York Times - May 10, 2006
Prosecutor Says KMPG Move Held No Sway
KPMG testified that the firm had cut off legal fees to show prosecutors that it was cooperating with their investigation...
New York Times - May 10, 2006
Fannie Mae Reports New Errors
WASHINGTON, May 9 (AP) — More errors have turned up in Fannie Mae's government-ordered review of its accounting, the company disclosed Tuesday. It also said it did not expect the review to be finished before the second half of the year...
New York Times - May 10, 2006
Brazilians Fear Takeover of Farms in Bolivia
After Bolivia's oil and gas fields were nationalized, those with Bolivian farmland are alarmed by the possibility of another step: a redistribution of Bolivian land...
New York Times - May 10, 2006
At a Gamers' Show, Gates Makes His Pitch as a Player
Bill Gates described a future in which gamers using the Xbox 360 console can connect to others on a PC or a cellphone...
New York Times - May 10, 2006
Delphi in Court to Void Its Union Contracts
Delphi began its court push Tuesday to throw out its labor contracts and impose sharply lower wages and benefits...
New York Times - May 10, 2006
U.S. to Auction Frequencies for In-Flight Internet Use
The winners of the auction will still have to persuade financially pressed American air carriers to install their equipment...
New York Times - May 10, 2006
Advertising: Whole Foods Talks Dollars and Cents
Whole Foods, all but synonymous with gastronomic indulgence, now wants to be known for something else: low prices...
New York Times - May 10, 2006
Market Place: After Doing Its Homework, a College Puts Its Money Into Hedge Funds
Nearly 80 percent of the College of Wooster's endowment is in hedge funds, and it has grown from $89 million in 1990 to $250 million today...
New York Times - May 10, 2006
Cisco's Revenue Surpasses Forecast, but Earnings Slip
Though revenue increased, Cisco Systems reported a slight decline in quarterly profit because of stock option expensing...
New York Times - May 10, 2006
Microsoft and Google Grapple for Supremacy as Stakes Escalate
It looks like Microsoft and Google are on a collision course as desktop computing and Internet software and services increasingly overlap...
New York Times - May 10, 2006
Bush Aides Struggling With Yuan
After three fruitless years of pushing China to float its currency, the U.S. still appears reluctant to accuse China of manipulating its exchange rate...
New York Times - May 10, 2006
David Leonhardt: The High Costs of Cheap Gas and Vice Versa
Cheap gas means more gas use, and as we use more oil, we make our planet warmer and some of the world's worst governments richer. Are high gas prices a better deal?...
New York Times - May 10, 2006
Northrop Makes Pitch for Storm Aid
Northrop Grumman Corporation is lobbying Congress for $200 million to cover losses caused by Hurricane Katrina...
New York Times - May 10, 2006
Executives Take Company Planes as if Their Own
On top of sharply rising executive salaries, shareholders are paying more for executives' personal travel on jets...
New York Times - May 10, 2006
Basketball: Adelman leaves Kings
Sacramento Kings head coach Rick Adelman leaves the NBA club after eight seasons in charge...
BBC News - May 10, 2006
Hicks may serve term in Australia
Australian Guantanamo inmate David Hicks may be transferred home to serve any jail term he receives...
BBC News - May 10, 2006
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