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US News Archive for May 2008:
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Almighty: The Dollar: Shrinkable but (So Far) Unsinkable
What are the chances that a day of reckoning is coming, when the dollar would be so weak that America would have to play by the rules that apply to every other country?...
New York Times - May 10, 2008
Fair Game: Big Rescues Can Work. Just Ask New York.
Felix Rohatyn, a financier and former U.S. ambassador, was a central player in the 1975 plan that saved New York City from bankruptcy...
New York Times - May 10, 2008
The Promise and Perils of Ceramics in Artificial Hips
After an initial rush of orders of ceramic hip replacements, sales have dropped on concerns over squeaking...
New York Times - May 10, 2008
Stocks and Earnings Suffer Together
The stock market fell last week, beaten down by grim corporate earnings reports and the burden of record-breaking energy prices...
New York Times - May 10, 2008
Correction
The Off the Shelf column last Sunday, a review of ?Rupert Murdoch?s China Adventures,? a book by Bruce Dover, referred incorrectly to Mr. Dover?s current employer, the Australia Network, where he is chief executive. It is part of the Australian Broadcasting Corporation, not the ABC-TV unit of Disney...
New York Times - May 10, 2008
Everybody?s Business: You Can?t Make This Stuff Up, or Can You?
In my heart, I would like my son to be a real-life counterpart of a character on my latest imaginary TV series brainchild: ?The Hedges of Greenwich, Conn.?...
New York Times - May 10, 2008
Fresh Starts: Roaming the World, Detecting Fashion
Linda DeFranco is a fashion trend forecaster, which involves as much on market analysis as on spotting street trends...
New York Times - May 10, 2008
Suits: A Hurdle for TV: Wall Street Reality
The mortgage crisis has made it harder to find willing participants for ?Wall Street Warriors,? a cable television show that documents the lives of traders, brokers, bankers and other financial professionals...
New York Times - May 10, 2008
The Boss: Voices in Concert
Peter Grosslight is the worldwide head of music for the William Morris Agency...
New York Times - May 10, 2008
The Count: What Could I Get for my House? Please, Don?t Ask
Many people who bought houses last year have actually seen the value of their investment decline...
New York Times - May 10, 2008
Economic View: When Should the Fed Crash the Party?
The debate over intervention is not ancient history and it replays in today?s headlines...
New York Times - May 10, 2008
Checking In: Arriving in London: Hotels Made in China
The aggressive expansion plans of Travelodge, one of the largest budget hotel chains in Britain, hinge on the use of prefabricated hotel rooms, manufactured in China...
New York Times - May 10, 2008
In the Region | Westchester: Parking Space as Living Space?
A report suggested using land in office parks for moderate-cost housing, but officials are wary...
New York Times - May 10, 2008
Novelties: A Buyer?s Guide to Inventions, in Plain English
A Web-based service under development offers a new tool intended to help with the matchmaking of inventors and companies...
New York Times - May 10, 2008
Fundamentally: How to Tell if a Rally Is Real
In fits and starts, blue-chip stocks have been climbing higher since mid-March. But many market watchers aren?t convinced that the worst of this market storm is behind us...
New York Times - May 10, 2008
That Must Be Bob at the Door. I Hear His New Hip Squeaking.
Many patients with artificial hips made of ceramic hips say they have begun to squeak, interfering with their daily life...
New York Times - May 10, 2008
Humbler, After a Streak of Magic
For 15 years through 2005, Bill Miller?s investments handily beat stock market averages. But for the last two years, the market has handily pulverized him...
New York Times - May 10, 2008
Slipstream: Do You Have That Portable in a Midsize?
Between laptop-sized computers and hand-held devices, is there room for a third category whose size would fall between the two?...
New York Times - May 10, 2008
Market Maker: A Peek Behind the Price at the Pump
Federal gas taxes are only one part of the prices at the pump and a harder-to-control factor is emerging as a main reason behind the increase in energy costs: the sinking dollar...
New York Times - May 10, 2008
News Corporation Withdraws Its Bid for Newsday
Cablevision appeared likely to prevail in the bidding for the newspaper after the News Corporation pulled out...
New York Times - May 10, 2008
Sudan?s Army Beats Back Attack on Capital
Darfurian rebels advanced to within a few miles of the center of Khartoum, and the government deployed troops, essentially shutting down the city...
New York Times - May 10, 2008
D?Antoni Accepts Offer to Coach Knicks
Mike D?Antoni turned the Phoenix Suns into one of the N.B.A.?s most entertaining and successful teams of the last half-decade...
New York Times - May 10, 2008
Myanmar Votes as Rulers Keep Tight Grip on Aid
The military junta continued to restrict aid shipments and proceeded with a referendum intended to cement its power...
New York Times - May 10, 2008
Deal Reached on Truce in Sadr City
Shiites in Parliament and in the Sadrist movement agreed to a truce that would end fighting in the Baghdad ghetto...
New York Times - May 10, 2008
Losing a Home, Then Losing All Out of Storage
Some people cannot keep up with storage bills any better than their mortgages, and their property is being sold off...
New York Times - May 10, 2008
That Must Be Bob. I Hear His New Hip Squeaking.
Some patients? noisy artificial hips are interrupting daily life and raising questions about more serious problems...
New York Times - May 10, 2008
Already, Obama and McCain Map Fall Strategies
Even before the Democratic nomination fight ends, the candidates are focusing on independent voters, Latinos and about a dozen states...
New York Times - May 10, 2008
The Long Run: Pragmatic Politics, Forged on the South Side
Barack Obama?s ability to replicate and expand the eclectic coalition he built in Chicago has brought him to the brink of the Democratic presidential nomination...
New York Times - May 10, 2008
Hints of a Shift at OPEC About a Rise in Oil Output
An oil official signaled for the first time in months that the oil cartel might increase its output to prick the price bubble...
New York Times - May 10, 2008
Check Point: On McCain, Obama and a Hamas Link
Senator John McCain has portrayed Senator Barack Obama as being the favorite of the militant Palestinian group...
New York Times - May 10, 2008
White House Memo: The Leader of the Country Is the Father of the Bride
Jenna Bush will wed at the president?s ranch in Texas on Saturday, and don?t think that local merchants are unmindful of it...
New York Times - May 10, 2008
As Stimulus Rebates Go Out, Stores Want the Whole Check
Retailers are pushing consumers to spend their windfall, but some offers require hundreds of dollars...
New York Times - May 10, 2008
News Corp. Withdraws Its Bid for Newsday
Rupert Murdoch?s News Corporation has withdrawn its $580 bid for the Tribune Company?s Newsday. A spokesman called the deal ?uneconomical.?...
New York Times - May 10, 2008
Tentative Deal on Truce in Sadr City
Shiite leaders in Parliament and in the Sadrist movement have reached a tentative truce to end the bloodshed in Baghdad...
New York Times - May 10, 2008
Hezbollah to Withdraw Gunmen in Lebanon
The move raised hopes for a political settlement after street battles that have killed at least 29 people...
New York Times - May 10, 2008
Zimbabwe Opposition Leader Says He Will Return for Runoff
The opposition leader Morgan Tsvangirai maintained he had been cheated of an outright victory in the March 29 elections...
New York Times - May 10, 2008
Myanmar Votes As Rulers Keep Grip On Aid
The military junta continued to restrict foreign aid shipments but forged ahead with a constitutional referendum intended to cement its power...
New York Times - May 10, 2008
Tennis: Serena crashes out
Russia's Dinara Safina beats Serena Williams at the German Open, the day after seeing off Justine Henin...
BBC News - May 10, 2008
A Funhouse Floating in a Korean Spa
A resort in Queens that?s part Seoul (and part Dr. Seuss)...
New York Times - May 10, 2008
Zimbabwe Opposition Agrees to Runoff
Zimbabwe?s top opposition leader said that he would take part in a presidential runoff against Robert Mugabe and would soon return to his homeland...
New York Times - May 10, 2008
Quarantined train given all-clear
Canadian health officials say the death of a woman and several people falling ill aboard a train were not due to an infectious disease...
BBC News - May 10, 2008
Business Briefing | Earnings: German Insurer?s Profits Fall on Banking Unit?s Losses
The German insurer Allianz reported that first-quarter profits fell 65 percent as it wrote down $1.3 billion tied to the American subprime crisis...
New York Times - May 10, 2008
Business Briefing | Deals: Canada Blocks U.S. Takeover of a Technology Firm
Canada confirmed its decision to block an American company?s takeover of the space and satellite division of MacDonald, Dettwiler & Associates, Canada?s leading space technology firm...
New York Times - May 10, 2008
Business Briefing | Deals: Short of Cash, Fremont May Not Complete a Deal
Fremont General, once a major subprime lender, may go bankrupt and wipe out shareholders because it will not have enough time or cash to complete the sale of its retail banking business...
New York Times - May 10, 2008
Business Briefing | Lawsuits: Microsoft Appeals $1.4. Billion Fine by Europe
Microsoft asked Europe?s second-highest court to overturn or reduce a record fine of 899 million euros ($1.4 billion) from the European Union...
New York Times - May 10, 2008
Paul B. Gordon, Food Distributor, Dies at 84
Mr. Gordon grew Gordon Food Service Inc. into one of the largest family-owned food distributors in North America...
New York Times - May 10, 2008
Charles R. Ellis, President of John Wiley & Sons, Dies at 72
Mr. Ellis led the venerable family-owned publishing house John Wiley & Sons back to fiscal health in the 1990s after a period of misdirected expansion...
New York Times - May 10, 2008
Business Briefing | Earnings: Asset Sales Bolster Clear Channel?s Earnings
The radio and outdoor advertising company reported higher first-quarter earnings on asset sales, but operating results were flat, reflecting weak demand for radio advertising...
New York Times - May 10, 2008
Market Values: Fears Ease, So It?s Time to Be Fearful
Now that public opinion is solidifying around the idea that the Federal Reserve has made its last rate cut for a while, stocks may be poised atop a slope of complacency...
New York Times - May 10, 2008
Times Publisher and His Wife Separate
Arthur Sulzberger Jr., chairman of The New York Times Company, and his wife, Gail Gregg, a painter and writer, said the decision to end their marriage was amicable...
New York Times - May 10, 2008
What?s Online: Blogging Against Barbie
An attempt by Mattel to market a Barbie doll collection around eco-consciousness has raised criticism from parents...
New York Times - May 10, 2008
What?s Offline: How to Be Smarter
While your I.Q. is basically determined at birth, there are many ways to increase your so-called functional intelligence...
New York Times - May 10, 2008
At Daimler, Sales Follow the World?s Oil Riches
Daimler AG, the maker of Mercedes-Benz automobiles, will deal with slowing auto sales in the U.S. in part by shifting sales to Russia, China and the Middle East, its chief executive said...
New York Times - May 10, 2008
Thank Goodness, Dublin Keeps Its Guinness Plant
Ending speculation that it would shut the 250-year-old St. James?s Gate brewery, the owner of Guinness stout said it was committed to continuing operations at the site because of its iconic status...
New York Times - May 10, 2008
Off the Charts: Taking Advantage of Previously Issued Credit Lines
While banks say they have been tightening credit standards for more than a year, the growth rate of commercial and industrial loans is still growing faster than at any time in recent years...
New York Times - May 10, 2008
Shortcuts: If Your Appliances Are Avocado, They Probably Aren?t Green
Getting ride of household appliances older than 15 years will probably save you money and their energy costs more environmentally-friendly...
New York Times - May 10, 2008
Bits: Google-Yahoo: Deal or No Deal?
Google faces a conundrum. If it does a deal with Yahoo, it faces antitrust scrutiny. If it backs out, it leaves Yahoo hanging in the wind. Either way, it could harm its nice-guy image...
New York Times - May 10, 2008
Stocks & Bonds: A.I.G.?s Quarterly Loss Depresses Dow
Wall Street was down sharply as investors contended with wider-than-expected losses at American International Group and another worrisome spike in oil prices...
New York Times - May 10, 2008
Your Money: Keeping ?Furniture Ransom? Off Your Moving Bill
While the moving industry has long been a favorite of con artists because of lax regulation, consumers? growing reliance on the Internet has made it even easier for the shady operators...
New York Times - May 10, 2008
Mortgage Holders Find It Hard to Walk Away From Their Homes
The blogosphere is full of tales of homeowners who supposedly are choosing to mail the house keys to their lenders rather than keep their depreciating homes, but this remains a rare occurrence...
New York Times - May 10, 2008
The Chief of Barneys Is Expected to Resign
Howard Socol, the chief executive of Barneys New York, is said to disagree sharply with the new owners of the chain over its strategy...
New York Times - May 10, 2008
Conservatives Supporting Shield Law for the Press
Conservative voices offered perhaps the broadest defense of reporters? rights during oral arguments in a case involving the refusal of a reporter to disclose sources...
New York Times - May 10, 2008
Housing Bailout Bill Seems to Be on Shaky Ground
Despite pledges by the White House and Democrats to work together, the bill to rescue homeowners and their lenders produced partisan recriminations the day after it passed the House...
New York Times - May 10, 2008
Iraq Contractor in Shooting Case Makes Comeback
Blackwater Worldwide, the security company involved in 17 Iraqis? deaths, still has a contract to guard diplomats...
New York Times - May 10, 2008
Obama Leads in Superdelegates for First Time
Hillary Rodham Clinton?s trump card began slipping from her grasp, and her speeches took a more conciliatory tone...
New York Times - May 10, 2008
As Stimulus Rebates Go Out, Stores Want All of It
Retailers are pushing consumers to spend their windfall, but some offers require hundreds of dollars of purchases...
New York Times - May 10, 2008
Child Labor Rings Reach China?s Distant Villages
Residents of Liangshan, a remote part of southwestern China, say abject poverty, drug abuse and a lack of jobs have driven many children to work in factories in coastal cities...
New York Times - May 10, 2008
Gas Prices Send Surge of Riders to Mass Transit
Cities with long-established public transit systems and areas with a strong driving culture are both reporting increases in ridership of buses and trains...
New York Times - May 10, 2008
Judge Drops General From Trial of Detainee
The removal of a general involved in overseeing Guantánamo prosecutions was a new blow to the Bush administration?s military commission system...
New York Times - May 10, 2008
In Flooded Delta, a Want as Pervasive as Death
Six days after a cyclone struck Myanmar, it was clear that the damage was great and that little aid had made it to villagers along the sea south of Yangon...
New York Times - May 10, 2008
You?ve Seen the YouTube Video; Now Try the Documentary
Only after ?Battle of Kruger? ? an eight-minute African safari video ? became one of the most popular videos in YouTube?s history did the buyers come calling...
New York Times - May 10, 2008
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