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US News Archive for August 2006:
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Terror plot was 'in final stages'
Terrorists were in the "final stages" of a plot to simultaneously blow up as many as 10 airliners flying to the U.S. from Britain, U.S. Homeland Security Michael Chertoff says. British and Pakistani authorities teamed up to thwart the plot, and 24 men have been arrested in Britain, authorities say...
CNN - August 10, 2006
Plot involved 'explosive cocktail'
Terrorists planned to concoct an "explosive cocktail" using MP3 players and sports drinks to blow up as many as 10 jetliners bound for the United States, authorities said Thursday...
CNN - August 10, 2006
Suicide Bomber Kills 35 Near Shiite Shrine in Iraq
The attacker was apparently intending to blow himself up inside the holiest shrine of Shiite Islam, but instead set off his bomb at a police checkpoint...
New York Times - August 10, 2006
Lieberman Seizes on Terror Arrests to Attack Rival
Ned Lamont’s goals for ending the war in Iraq would constitute a “victory” for the extremists, he said...
New York Times - August 10, 2006
Israel Warns Some Lebanese to Flee Homes
The Israeli Army has thousands of troops massed on the border, waiting for an order by Prime Minister Ehud Olmert...
New York Times - August 10, 2006
Officials Say a Dry Run Had Been Planned
A top homeland security official said suspects rounded up in Britain began investigating nonstop flights to the U.S. in recent days...
New York Times - August 10, 2006
US budget deficit narrows in July
The US federal deficit narrows to $33.2bn, boosted by increased tax receipts, the Treasury says...
BBC News - August 10, 2006
Glaxo pays $70m to end price row
GlaxoSmithKline agrees to pay out $70m to settle numerous US lawsuits alleging that it inflated prices of its drugs...
BBC News - August 10, 2006
US court upholds Cuban spy trial
A US appeals court says a retrial is not justified in the case of five Cuban men found guilty of spying for Havana...
BBC News - August 10, 2006
Graft scandal engulfs Brazil MPs
Seventy-two Brazilian deputies face expulsion after a panel uncovered a mass corruption ring...
BBC News - August 10, 2006
Chaos as air terror plot 'busted'
Travel restrictions after "plot" to blow up U.S.-bound aircraft Bush: Arrest of 21 suspects is "stark reminder" of war"Mass murder" plan believed to involve liquid explosives6-10 flights targeted, U.S. officials say...
CNN - August 10, 2006
Bush: U.S. at war with 'Islamic fascists'
President Bush said Thursday that the alleged plot to blow up planes flying to the United States was further proof "that this nation is at war with Islamic fascists."...
CNN - August 10, 2006
Airlines Brace for Cancellations
Airlines are offering various options for travelers, such as refunding tickets that were sold as unrefundable...
New York Times - August 10, 2006
Gatlin coach under investigation
Trevor Graham, the coach of disgraced sprinter Justin Gatlin, is under investigation by athletics authorities...
BBC News - August 10, 2006
Robin Williams in alcohol rehab
Comedian Robin Williams is seeking treatment for alcoholism after 20 years of sobriety, his publicist says...
BBC News - August 10, 2006
US trade deficit narrows slightly
The US trade deficit narrows slightly in June, helped by record exports of farming goods, figures show...
BBC News - August 10, 2006
Plot to blow up aircraft foiled
British police disrupt plot to blow up aircraft flying to the U.S. Plot intended "mass murder on unimaginable scale," police say 21 suspects arrested at locations around the UKTravel restrictions cause chaos at airports...
CNN - August 10, 2006
U.S. raises airline threat level after terror plot foiled
The United States on Thursday raised its terror threat level after British police said they had arrested more than 20 suspects in a major terrorist plot to blow up passenger jets flying between the United Kingdom and the United States...
CNN - August 10, 2006
Plot to blow up aircraft foiled
British police say they have arrested 21 people in connection with a terrorist plot to blow up aircraft flying from the UK to the U.S...
CNN - August 10, 2006
Prognosis Grows Brighter for Barbaro
Barbaro’s fractured right hind leg is healing well, and veterinarians say they are encouraged by the progress...
New York Times - August 10, 2006
Aircraft Bomb Plot Thwarted in Britain
British police said that they had thwarted a terrorist plot to blow up multiple airliners travelling between Britain and the United States...
New York Times - August 10, 2006
After Long Stress, Newsman in New Orleans Unravels
An episode in which the authorities say John McCusker, a photographer, begged police officers to shoot him shined light again on the city’s troubled state of mental health...
New York Times - August 10, 2006
1924 Deal Earns City $24 Million Discount
A California judge has upheld a bid by the City of Alameda to reclaim property from the Union Pacific and Burlington Northern Santa Fe railroads at 1924 prices...
New York Times - August 10, 2006
Cendant Hit by Reorganization Costs
Cendant Hit by Reorganization Costs...
New York Times - August 10, 2006
A.I.G.’s Profit Falls 29 Percent
A.I.G.’s Profit Falls 29 Percent...
New York Times - August 10, 2006
Study Credits Vehicles, but Not Drivers, for Better Road Safety
Design changes are making cars safer, but drunken driving rates have not changed much, seat belt use has climbed only slowly, and people are driving faster, a study has found...
New York Times - August 10, 2006
Toyota tops reliability rankings
Toyota cars have the smallest number of faults, according to a US survey of vehicle dependability...
BBC News - August 10, 2006
Cricket: Windies dispute settled
West Indies agree a deal over payments for players for next month's tri-series with India and Australia...
BBC News - August 10, 2006
Tennis: Davenport defeated
Lindsay Davenport's return from injury ends in defeat by Samantha Stosur but Maria Sharapova and Serena Williams both win in LA...
BBC News - August 10, 2006
Colombia troops stole Farc money
A Colombian military court finds more than 140 soldiers guilty of stealing money from Farc rebels...
BBC News - August 10, 2006
Israeli forces push into Lebanon
U.N.: Israel and Hezbollah engage in vicious battle 15 Israeli troops die in day's fighting, military says Hezbollah leader: "We'll fight until the last bullet" U.S. warns both sides against expanding the war...
CNN - August 10, 2006
Oil field shutdown prompts Alaska hiring freeze
Gov. Frank Murkowski instituted a state hiring freeze Wednesday because of the millions of dollars Alaska is losing in tax revenue and royalties due to the Prudhoe Bay oil field shutdown...
CNN - August 10, 2006
CUNY Seeing Fewer Blacks at Top Schools
The enrollment of black students at CUNY's top colleges has dropped in the six years since the university imposed tougher admissions policies...
New York Times - August 10, 2006
Immigration Judges Facing Performance Reviews
Attorney General Alberto R. Gonzales warned immigration judges that they will face regular scrutiny to detect high reversal rates, frequent complaints or unusual backlogs...
New York Times - August 10, 2006
An Oil Leak Rattles a State and Its Workers
An oil field shutdown is cause for concern in Alaska, where most general fund revenue comes from industry taxes...
New York Times - August 10, 2006
Democrats Back Lamont in Race in Show of Unity
At the same time, Republicans used Senator Joseph I. Lieberman’s defeat to portray Democrats as weak on national defense...
New York Times - August 10, 2006
Civilians: White Lace and Rocket Fire: Israeli Couples Won’t Let the War Ruin Their Wedding Day
Fifteen couples from northern Israel whose weddings had been canceled because of the war married in a group ceremony Tuesday in Tel Aviv, Israel...
New York Times - August 10, 2006
Morgan Stanley in Deal
Morgan Stanley said that it had agreed to acquire Saxon Capital Inc., a residential mortgage lender and servicer, for $706 million...
New York Times - August 10, 2006
Ex-Merrill Banker Gets Out of Prison
A fourth former Merrill Lynch banker was released from prison after his conviction on Enron-related fraud charges was overturned last week...
New York Times - August 10, 2006
Disney Profit Soars as Studio Rebounds
The Walt Disney Company reported a 39 percent rise in quarterly profit as “Cars” and “The Chronicles of Narnia” led to a turnaround at its film studio division...
New York Times - August 10, 2006
Viacom Earnings Climb 27% on Ad Sales
Viacom also announced that it had agreed to buy the online video and games company Atom Entertainment for $200 million...
New York Times - August 10, 2006
Profit Rises at Interpublic
Interpublic said that second-quarter profit increased as the company set aside less money for taxes...
New York Times - August 10, 2006
ECONOMIC SCENE : Microloans May Work, but There Is Dispute in India Over Who Will Make Them
Microfinance is working, but it is often more corporate, more commercial and under more attack than expected...
New York Times - August 10, 2006
Inventory Increase Tops Expectations
Inventories at wholesalers rose a greater-than-expected 0.8 percent in June, a government report said...
New York Times - August 10, 2006
Q&A: Revealing Fraud in E-Mail Addresses
Q. Is there a way to find out where e-mail messages actually came from?...
New York Times - August 10, 2006
Game Theory : Light Lifting for Gamers With Little Time to Spare
Villagers is for busy people who can’t sit down and play a game for an hour, but would like to kill time for a few minutes here and there...
New York Times - August 10, 2006
Satellite Pair Leads Bids in F.C.C. Auction
A total of 1,122 licenses are being auctioned in a sale that is the largest offering of mobile wireless spectrum to date...
New York Times - August 10, 2006
S.E.C. Backs Delay in Rule on Small-Company Audits
The S.E.C. proposed delaying the deadline for small companies to comply with new auditing rules...
New York Times - August 10, 2006
Federated Profit Surges in Quarter; Forecast Is Raised
Federated Department Stores said that its quarterly profit more than doubled, helped by a tax settlement and the sale of credit card receivables...
New York Times - August 10, 2006
U.S. Warns PC Users of Flaw in Windows
The flaw would make it possible to install malicious programs or to change or delete data...
New York Times - August 10, 2006
China Says Trade Surplus Hit Record
Chinese exports exceeded imports by $14.61 billion in July, topping the previous record of $14.5 billion, set in June...
New York Times - August 10, 2006
Disney to Sell Its Half Stake in Us Weekly Back to Wenner
The Walt Disney Company is about to make a 650 percent profit on its stake in Us Weekly, selling it back to Wenner Media for $300 million...
New York Times - August 10, 2006
Ruling Delayed ss Strike Nears at Northwest
A federal bankruptcy judge delayed a ruling on whether to bar Northwest Airlines flight attendants from striking...
New York Times - August 10, 2006
Labor Federation Forms a Pact With Day Workers
The A.F.L.-C.I.O.’s partnership with an organization of day laborers is intended to help the labor movement tap into the energy of the immigrant rights movement...
New York Times - August 10, 2006
Review Done, Fannie Mae Says
Fannie Mae said that it believed that a wide-ranging review had now uncovered all its accounting errors...
New York Times - August 10, 2006
Wal-Mart Will Unionize in All of China
The world’s largest retailer relented after years of fighting unionization efforts at its stores...
New York Times - August 10, 2006
Judge Refuses to Drop Charges in Stock Option Backdating Case
A federal judge ruled that there were enough accusations in the case against two executives charged with the backdating of stock options...
New York Times - August 10, 2006
David Pogue: A Head Start on the Future of High-Def
Next month, Canon will release the world’s smallest and least expensive high-definition tape camcorder...
New York Times - August 10, 2006
There’s Money In Thirst
Everyone knows there is a lot of money to be made in oil. But a fresh group of big businesses is discovering there may be even greater profit in a more prosaic liquid: water...
New York Times - August 10, 2006
For Housing, a Finger in the Wind
Sales of homes are falling, for-sale signs are sprouting across the nation’s front lawns and price increases have slowed to a crawl...
New York Times - August 10, 2006
Detroit’s Answer to $3-$4 Gas: New Muscle Cars
G.M. and Ford are still sticking with muscle cars like the Ford Mustang Shelby GT and the new Chevy Camaro...
New York Times - August 10, 2006
Basics: Weighing a Switch to a Mac
Retail stores, iPods and new Intel chips are increasing the appeal of a making the jump from a PC to a Mac...
New York Times - August 10, 2006
Advertising: Would You Like a Gas Guzzler With That?
McDonald’s has started putting toy Hummers in children’s Happy Meal boxes, calling it the “Hummer of a Summer” promotion. Not surprisingly, environmental groups are appalled...
New York Times - August 10, 2006
Entrepreneurs Take Time to Organize Their Time
With few resources and often no support staff, managers of small businesses can find themselves even more pressed for time than colleagues in big corporations...
New York Times - August 10, 2006
Indexes Off Again Despite Strong Earnings
Stocks fell over concern that future interest rate increases might slow economic growth...
New York Times - August 10, 2006
3 at Comverse Charged in Stock Options Case
The executives created a secret slush fund for fictitious employees to dole out options to favored employees...
New York Times - August 10, 2006
Paulson Reinforces His Reach
Treasury Secretary Henry M. Paulson Jr. is developing a new plan to confront China’s growing economic clout...
New York Times - August 10, 2006
Hot Market for Second Homes Hits Slump
As the overall housing market weakens, interest in buying vacation homes appears to be falling even faster...
New York Times - August 10, 2006
Third day for Chile copper strike
Striking workers at the world's largest copper mine in Chile break off talks after bosses fail to improve a pay offer...
BBC News - August 10, 2006
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