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US News Archive for July 2006:
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India PM: Terrorists behind blasts
Indian Prime Minister Manmohan Singh says "terrorists" were behind a series of explosions on crowded rush-hour trains in the financial capital of Mumbai. Police say at least 174 people were killed and more than 380 others injured...
CNN - July 11, 2006
House Approves Crackdown on Online Gambling
The crackdown would ban not just sports betting but online wagering for poker and other games...
New York Times - July 11, 2006
Racial Incidents Mar Italy’s Celebration
Swastikas were spray painted in Rome, and a former minister made racial comments about the French team...
New York Times - July 11, 2006
Woman Killed as Slab Falls From Big Dig Tunnel
The accident raised more questions about the $14.6 billion project that created the main highway in Boston...
New York Times - July 11, 2006
Signs of Tampering Seen in Town House’s Gas Line
The owner remained hospitalized today, as officials tried to determine whether he was connected to the tampering...
New York Times - July 11, 2006
Bush Cheers High Tax Revenues
Surprisingly high tax revenues will help the federal government reduce its budget deficit faster than planned, President Bush said today...
New York Times - July 11, 2006
Boston tunnel fall crushes woman
A woman dies when the ceiling collapses in a road tunnel in Boston, raising doubts about a massive public works project...
BBC News - July 11, 2006
135 killed in India train blasts
A series of explosions hit crowded rush-hour trains in the Indian financial capital of Mumbai, killing at least 135 people, police say. Officials say between 250 and 300 people were injured in the blasts. Indian Prime Minister Manmohan Singh was quoted as saying "terrorists" were behind the attacks...
CNN - July 11, 2006
Massive Big Dig panels crush woman to death
Three-ton concrete panels fell from the ceiling of Boston's Big Dig tunnel, killing a woman in a car and shutting down part of the troubled project along busy Interstate 90. "Any responsible party will be held accountable for what happened," said Massachusetts Turnpike Authority Chairman Matthew Amorello. "This is an unacceptable, horrible tragedy."...
CNN - July 11, 2006
Bush heralds improved deficit figures
The White House Tuesday touted new deficit figures showing considerable improvement upon earlier administration predictions, trumpeting the news as a validation of President Bush's pro-growth tax cuts...
CNN - July 11, 2006
Blasts hit Mumbai commuter trains
A series of seven explosions hit crowded rush-hour trains Tuesday evening in the Indian financial capital of Mumbai, killing at least 135 people, police said...
CNN - July 11, 2006
In Big Shift, U.S. to Follow Geneva Treaty for Detainees
The Pentagon has decided that it will follow the minimum standards spelled out in the Geneva conventions, a senior defense official said...
New York Times - July 11, 2006
No Sign of Progress in Standoff With Iran
After meeting with the European Union’s foreign policy chief, Iran’s top nuclear negotiator said today that a “long process” of consultations was needed...
New York Times - July 11, 2006
Tax Revenues Cutting Deficit Faster Than Planned
Even as President Bush cheered the surprisingly high tax revenues, he warned Congress against overspending...
New York Times - July 11, 2006
AWB faces $1bn US farms lawsuit
North American wheat farmers seek $1bn in damages from Australian wheat exporter AWB, accusing it of corruption...
BBC News - July 11, 2006
US deficit 'set to fall further'
The White House says the budget deficit is set to fall to $296bn this fiscal year thanks to blossoming tax receipts...
BBC News - July 11, 2006
F1: McLaren to release Montoya
Juan Pablo Montoya is released by McLaren with immediate effect following his decision to quit for Nascar at the end of the season...
BBC News - July 11, 2006
Kyrgyzstan 'expels US diplomats'
Kyrgyz authorities are expelling two US diplomats for "inappropriate" contacts with civil groups, say reports...
BBC News - July 11, 2006
Bolivia assembly shows vote split
Final results show the Bolivian president's party falling short of a majority in the assembly due to draft a new constitution...
BBC News - July 11, 2006
Commodores musician dies
Milan B Williams, the keyboard player in soul band The Commodores, dies of cancer aged 58...
BBC News - July 11, 2006
Colombia battles huge forest fire
Colombia seeks international help as it tries to control a forest fire that has consumed large parts of a national park...
BBC News - July 11, 2006
U.S. slams 'dead soldiers' video
The U.S. military has condemned the posting of video by Islamic Web sites purportedly showing the bodies of two U.S. soldiers kidnapped and killed last month south of Baghdad. A statement by the U.S.-led coalition attacked "the release of the video in the strongest of terms."...
CNN - July 11, 2006
Deaths as Rumsfeld visits Kabul
U.S. Defense Secretary Donald Rumsfeld is in Afghanistan for talks with the nation's leader during an upsurge in Taliban-linked violence...
CNN - July 11, 2006
Military Lawyers Prepare to Speak on Guantánamo
Officials who objected to the Bush administration’s plan for military commissions four years ago will now testify before Congress...
New York Times - July 11, 2006
Mogadishu Journal: Even Statelessness Goes Better With Coke. Or Does It?
Nur Barud Gurhan, a hard-line sheik in Mogadishu, has declared Coke an un-Islamic beverage in Somalia...
New York Times - July 11, 2006
Stolen Lives: Identity Theft Increase Tied to Meth Users
For law enforcement officials in Denver and other Western areas, meth users have become the everyday face of identity theft...
New York Times - July 11, 2006
Rumsfeld praises Afghan mission
The US defence secretary says his country remains committed to Afghanistan, during an unannounced visit...
BBC News - July 11, 2006
Iraq deaths 'retaliation for rape'
Militant Islamic Web sites post video purportedly showing the bodies of two U.S. soldiers kidnapped and killed last month in Yusufiya, Iraq. A statement with the video links the killings to the alleged rape of a young Iraqi woman in March by other soldiers. CNN cannot independently authenticate the video...
CNN - July 11, 2006
900 more UK troops for Afghanistan
Britain will bolster its force in Afghanistan by about 900 troops in the next few months, UK Defense Secretary Des Browne has said. On Monday, U.S. and Afghan government forces attacked an insurgent stronghold in the southern province of Uruzgan, the U.S. military said...
CNN - July 11, 2006
June Allyson, Adoring Wife in MGM Films, Is Dead at 88
June Allyson's perky wholesomeness made her the perfect girlfriend in a series of MGM musicals during the 1940’s and the perfect screen wife in the 1950s...
New York Times - July 11, 2006
Setback Highlights New Worries for Barbaro
The chief concern is that Barbaro may develop laminitis, a painful condition caused by excessive weight bearing on one limb...
New York Times - July 11, 2006
Investigators Find Medicare Drug Plans Often Give Incomplete and Incorrect Data
Insurers' call centers failed to provide complete and accurate cost information more than 70 percent of the time, a Government Accountability Office study said...
New York Times - July 11, 2006
‘Pit Bull’ of the House Latches On to Immigration
Representative F. James Sensenbrenner Jr., a feared and vital lawmaker, has no tolerance for illegal immigrants...
New York Times - July 11, 2006
Missile Tests Divide Seoul From Tokyo
The North Korea issue has transformed South Korea and Japan and set them heading in opposite directions...
New York Times - July 11, 2006
Judge Upholds F.B.I. Search of Lawmaker's Office
The search of William J. Jefferson's office did not violate the constitutional separation of powers, a judge ruled...
New York Times - July 11, 2006
Caucasus Renegade Dies, and His Cause May Die, Too
Shamil Basayev's death was the latest of almost two years of setbacks for his separatist faction in Chechnya...
New York Times - July 11, 2006
The Doctor: House That Blew Up Was a Dream and Then a Nightmare
Officials were investigating whether the gas explosion was a bizarre last chapter in a divorce battle over who would own the building...
New York Times - July 11, 2006
Stolen Lives: Meth Users, Attuned to Detail, Add ID Theft Habit
Methamphetamine users, not elaborate Internet schemes, are the everyday face of identity theft, some officials say...
New York Times - July 11, 2006
Texas Court Says No to Minimum Wage for Inmate
Inmates are not subject to federal minimum wage laws, and the absence of compensation for prison jobs does not violate the Constitution, a federal appeals court ruled...
New York Times - July 11, 2006
World Business Briefing | Europe: Britain: Extradition for Bankers in Enron Case
Three former bankers are set to be extradited from Britain to the United States on Thursday to face fraud charges related to the collapsed energy company Enron after the failure of appeals for them to be tried in Britain. The three, David Bermingham, Gary Mulgrew and Giles Darby, will fly to Houston in the custody of United States marshals, their lawyer, Mark Spragg, said. They will ask to be released on bail so that they can return to Britain to prepare their cases, Mr. Spragg said. The bankers, who worked for NatWest bank, now part of Royal Bank of Scotland, are charged with having conspired with Enron executives over the sale of a stake in an Enron entity in 2000 for less than it was worth, which made them $7.3 million...
New York Times - July 11, 2006
World Business Briefing | Europe: Britain: Trade Ban Sought in Inside Trading Case
The British markets regulator told a financial court that Philippe Jabre, the former director of the hedge fund GLG Partners, should be banned from trading on Britain’s financial markets because of allegations of insider trading. The Financial Services Authority sought the additional penalty from the Financial Services and Markets Tribunal at a hearing. Mr. Jabre, 46, is already contesting a record fine of £750,000 ($1.4 million) levied by the authority in March. The agency says Mr. Jabre traded on a 2003 Sumitomo Mitsui Financial Group securities sale using confidential information provided to him by a Goldman Sachs Group salesman. Mr. Jabre denies wrongdoing; Goldman Sachs is not accused of wrongdoing in the case...
New York Times - July 11, 2006
World Business Briefing | Asia: Bangladesh: Tata Suspends $3 Billion Project
The Tata Group, one of India’s largest industrial conglomerates, said it was suspending its proposed $3 billion investment in Bangladesh because of government delays. The group had planned to build steel, coal, fertilizer and power plants in Bangladesh, but wanted government approval by the end of June. Upcoming elections, however, have delayed any decisions on the plants. The company had offered the government a 10 percent stake in each of the projects if the proposals were approved by June...
New York Times - July 11, 2006
China Is Called On to Rein In Its Growing Use of Electricity
China adds enough new power plants every two years to equal the entire electricity generation capacity of France or Canada...
New York Times - July 11, 2006
WPS Resources to Buy Peoples Energy for $1.52 Billion
By Reuters...
New York Times - July 11, 2006
Federated to Sell Filene's in Boston to Vornado
BOSTON, July 10 (AP) — Vornado Realty Trust said Monday that it would buy Filene’s flagship store in Boston from Federated Department Stores for about $100 million...
New York Times - July 11, 2006
World Business Briefing | Europe: Britain: Kraft Acquires United Biscuit Units
Kraft Foods said it would buy the Spanish and Portuguese units of the United Biscuits Group and regain its Nabisco trademarks in Europe in a transaction valued at $1.07 billion. Kraft is exchanging a 25 percent stake in United Biscuit and assuming $548 million in debt for the divisions and the rights to brands like Ritz and Oreo in the European Union, Eastern Europe, the Middle East and Africa, Kraft said. United Biscuits, based in Edinburgh, is selling some of Southern Europe’s biggest cookie brands, including Fontaneda and Filipinos, as well as Fruco fruit juices...
New York Times - July 11, 2006
EMC Says Quarterly Results Miss Forecasts
BOSTON, July 10 (AP) — The EMC Corporation, the maker of data storage equipment, said on Monday that it would fall short of its profit and revenue goals for the second quarter, citing a lack of inventory to meet customer demand for one of its newest data storage systems...
New York Times - July 11, 2006
Private Firm Takes Stake in RadioShack
By Reuters...
New York Times - July 11, 2006
Fight Over Heinz Board Continues
PITTSBURGH, July 10 (AP) — An activist investor in the H. J. Heinz Company asked fellow shareholders on Monday to reject the company’s slate of candidates to the board...
New York Times - July 11, 2006
Revlon Says Second-Quarter Loss Nearly Tripled
By Bloomberg News...
New York Times - July 11, 2006
Lucent Cites U.S. for Sales Slide
Lucent Technologies, the telephone equipment company, said that third-quarter sales and profit would miss analysts’ estimates...
New York Times - July 11, 2006
Shopping Centers on West Coast Sold
By Reuters...
New York Times - July 11, 2006
Boston Scientific Fills Post
By Bloomberg News...
New York Times - July 11, 2006
Katrina Victims and Insurer Square Off in a Courtroom
A federal judge began hearing a groundbreaking trial that is the first legal test for insurers who say their policies do not cover floods...
New York Times - July 11, 2006
Alcoa’s Profit Rises, but Misses Estimates
By Reuters...
New York Times - July 11, 2006
S.E.C. Investigating Options Video Game Maker Granted
Take-Two Interactive, maker of the Grand Theft Auto video game, said it was the focus of an informal inquiry into its stock options...
New York Times - July 11, 2006
Technology Downgrade Weakens Market
Technology stocks fell after Merrill Lynch cut its rating on the sector and after an earnings warning from the data storage equipment maker EMC...
New York Times - July 11, 2006
Frequent Traveler: May I Take Your Order, Sir, and Sing a Chorus of ‘Stardust’?
WHEN I travel, I’m always on the lookout for undiscovered musical talent. But often the talent — and I use that term loosely — is also on the lookout for me...
New York Times - July 11, 2006
Upbeat Germany Sees Good Times Lasting Past the Cup
Germany’s image underwent a makeover during the World Cup, but whether that translates into a lasting dividend is open to debate...
New York Times - July 11, 2006
India Stops Privatization, Casting Doubt on Reforms
A decision by the Indian government to halt all sales of stakes in state-owned companies could crush investors’ interest...
New York Times - July 11, 2006
Borrowing Rises as Credit Card Use Jumps
Credit card and other types of revolving debt jumped in May by the most since October 2004...
New York Times - July 11, 2006
3 New Servers Anchor Sun’s Plans for Revival
Sun's new servers use the Opteron processor from Advanced Micro Devices, allowing them to easily run both Windows and Linux...
New York Times - July 11, 2006
Telecom Stake in Hong Kong Is Sold Locally
Richard Li, the 39-year-old tycoon who heads PCCW, the city’s leading telecommunications company, agreed to sell most of his stake to a local investor...
New York Times - July 11, 2006
Airlines Give Some Thought to Food for the Health-Conscious
Several international carriers recently began sharing nutritional information for their menu items and offering lighter alternatives...
New York Times - July 11, 2006
On the Road: They Sure Beat the Airlines, but Hotels Could Still ...
Though domestic hotels, in general, provide excellent service, readers had some pet peeves...
New York Times - July 11, 2006
Advertising: Mr. Peanut, You’re Perfect. Now Change.
Companies lucky enough to have recognizable mascots are joining a makeover movement for the nation's advertising characters...
New York Times - July 11, 2006
Hewlett-Packard Slows Pace After Fast Start in Consulting
Hewlett-Packard's $16 billion consulting and services business, HP Services, has been one of its few laggards...
New York Times - July 11, 2006
Market Place: Japan Looks to Its Savers to Consume
Japan’s central bank is expected to take a momentous step by raising interest rates, effectively for the first time in almost two decades...
New York Times - July 11, 2006
China Posts a Surplus Sure to Stir U.S. Alarm
Economists said that the huge imbalance raises the prospect of more tensions with the U.S. and Europe...
New York Times - July 11, 2006
Awaiting Big Show, Airbus Encounters More Problems
Beyond its management crisis, Airbus's parent company faces poor sales figures, delivery delays and a lawsuit...
New York Times - July 11, 2006
Pentagon Struggles With Cost Overruns and Delays
Members of Congress from both parties are concerned that runaway weapons costs threaten to weaken the military...
New York Times - July 11, 2006
Focus Moves to One Shelter in Tax Inquiry
Federal prosecutors investigating Deutsche Bank are focusing on a lesser-known tax shelter sold through a firm founded by a dot-com billionaire...
New York Times - July 11, 2006
Paulson, Taking Treasury Post, Emphasizes Global Issues
Henry M. Paulson Jr. will be leading a new economic team that has an early reputation as more pragmatic than ideological...
New York Times - July 11, 2006
Google to Put a Research Center in Michigan
In a much-needed boost for Gov. Jennifer M. Granholm, Google plans to build an office and research center in Ann Arbor...
New York Times - July 11, 2006
Cycling: Landis to ride in pain
Floyd Landis says he is riding through the pain barrier in this year's Tour de France and reveals he needs hip surgery...
BBC News - July 11, 2006
Fraud video claim in Mexico poll
Defeated Mexican presidential candidate Andres Manuel Lopez Obrador claims to have video evidence of poll fraud...
BBC News - July 11, 2006
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