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US News Archive for August 2007:
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Fourth suspect sought in schoolyard slayings
An arrest warrant has been issued for a fourth suspect in last weekend's execution-style slayings of three college students, the Newark, New Jersey, mayor's office said. Police say Rodolfo Godinez, 24, also known as Rodolfo Gomez, is a Nicaraguan national. full story...
CNN - August 11, 2007
Rescuers Find ?Survival Space,? but No Sign of Trapped Utah Miners
A video camera lowered into a deep tunnel today revealed that the roof of the mine had not collapsed...
New York Times - August 11, 2007
Sorrow and Anger at Services for Young Friends Killed in Newark
NEWARK, N.J. (AP) -- Mourners shed tears and showed a resolve to end the city's deadly violence at funeral services Saturday for three college-age friends who were lined up against a schoolyard wall and killed by shots to the head...
New York Times - August 11, 2007
Select Hospitals Reap a Windfall Under Child Bill
The House bill makes the hospitals difficult to identify, despite promises by Congress to end the secrecy of earmarks...
New York Times - August 11, 2007
A Rocky Week for World Markets
When all the daily gyrations were done, the major American stock indexes were in positive territory for the week...
New York Times - August 11, 2007
Economic View: The Dismal Science, Dismally Taught
Why aren?t introductory economics courses more effective? One possibility is that instructors may not have mastered some of the basic concepts themselves...
New York Times - August 11, 2007
Everybody's Business: Chicken Little?s Brethren, on the Trading Floor
The stock market?s losses in recent weeks are wildly out of all proportion to the likely damage from the subprime problems...
New York Times - August 11, 2007
The Count: What, Me Worry? When It Comes to Retiring, Yes
What, Me Worry?...
New York Times - August 11, 2007
[TS] Fair Game: A Week When Risk Came Home to Roost
For something that everybody assured us was ?contained,? the subprime mortgage mess certainly has spread...
New York Times - August 11, 2007
The Goods: Cages Without Corners
Devoid of right angles, the eCrate is meant to soothe canine psyches and to complement the décor of well-appointed homes...
New York Times - August 11, 2007
National Perspectives: When Conflict Washes Up on a Quiet Maine Island
Dozens of people on the island of Vinalhaven have rallied to stop an oyster farm planned for the Basin, a pristine 500-acre inlet...
New York Times - August 11, 2007
Suits: DAM-lerChrysler? If You Say So, Chief
In the nine years that DaimlerChrysler was in existence, no one could ever decide how to pronounce the first two syllables. The new chief executive has his own take...
New York Times - August 11, 2007
Square Feet | Spotlight: A Gehry Signature in the Napa Valley
Dignitaries convened last month to celebrate the long-delayed groundbreaking of the Hall Winery, designed by the architect Frank O. Gehry...
New York Times - August 11, 2007
Resolved: Public Corporations Shall Take Us Seriously
Will Sister Patricia Daly and other shareholder activists get ExxonMobil to do something about global warming?...
New York Times - August 11, 2007
Suddenly, the Hunt Is On for Cage-Free Eggs
A rush on the eggs has led to headaches as big buyers learn there may not be enough to go around...
New York Times - August 11, 2007
Dealbook: Sorting Through the Buyout Freezeout
Now that the buyout boom has officially gone bust and the credit markets are in meltdown, it?s time to assess what went wrong...
New York Times - August 11, 2007
Fresh Starts: Technology Reveals New Worlds to Map
Geographic information systems use computers and software to link maps and databases for a variety of applications...
New York Times - August 11, 2007
Spending: Now, Even Those Temporary Wheels Can Be Greener
As more consumers express concerns about greenhouse gas emissions, rental car companies are adding Priuses and other hybrids to their fleets...
New York Times - August 11, 2007
Strategies: The Insiders Aren?t So Bearish, After All
The sharp stock market decline that began in late July is more likely to be a minor downturn in a continuing bull market than the beginning of a major bear market...
New York Times - August 11, 2007
Slipstream: Who Owns the Concept if No One Signs the Papers?
The founder and chief executive of Facebook, the fast-growing social networking Web site, is being sued by the founders of ConnectU, another social network...
New York Times - August 11, 2007
Market Week: Rocking the Boat, but Why?
The best way to deal with this week?s economic reports may be to ignore them...
New York Times - August 11, 2007
Investing: Signs of Weakness in a Sector Known for Its Strength
Several Wall Street analysts say they are not entirely confident about the quality of the balance sheets of the big, publicly traded investment banks...
New York Times - August 11, 2007
When Arbitrators Are Their Own Judges
For investor advocates, the potential for conflicts of interest among the members of arbitration panels ranks high on the list of problems...
New York Times - August 11, 2007
Prototype: It Takes Deep Pockets to Fight Global Warming
Plenty of big ideas are out there to address climate change, but they are too costly for individual inventors or even companies to pursue...
New York Times - August 11, 2007
In China, a High-Tech Plan to Track People
Security experts describe China?s plans as the world?s largest effort to meld the latest computer technology with police work...
New York Times - August 11, 2007
Far From the Reservation, but Still Sacred?
In the deserts of the West, developers are increasingly running up against newly powerful but tradition-minded American Indian leaders...
New York Times - August 11, 2007
In a Spiraling Credit Crisis, Large Mortgages Grow Costly
Problems in the subprime mortgage market have spread, and the market for big mortgages has dried up...
New York Times - August 11, 2007
Elvis Week for 30th anniversary
A week of special events is to begin in the United States ahead of the 30th anniversary of the death of Elvis Presley...
BBC News - August 11, 2007
Setback for Utah rescue mission
A camera lowered into a mine cavity where six Utah miners are believed trapped finds no signs of life...
BBC News - August 11, 2007
Second hole punches into mine cavity
Rescue workers early Saturday punched a second, wider hole through Utah's Crandall Canyon mine, breaking into a cavity where they believe six workers have been trapped since Monday, the mine's owner, Bob Murray, told reporters. full story...
CNN - August 11, 2007
Bush, French president do lunch
President Bush welcomed French President Nicolas Sarkozy on Saturday for a "heart-to-heart" talk on world issues and to solidify relations with France. full story...
CNN - August 11, 2007
Vague Threat Prompts Steps by New York Police
The Police Department set up checkpoints on Friday in Lower Manhattan and increased security after learning of a vague threat of a radiological attack...
New York Times - August 11, 2007
States Try to Alter How Presidents Are Elected
Maneuvers by those upset with the system are adding unpredictability to an already knotty campaign...
New York Times - August 11, 2007
Air Flow in Mine Tunnel Offers Hope to Rescuers
Workers finished drilling a second hole into a deep underground tunnel and found flowing air that they said was capable of supporting human life...
New York Times - August 11, 2007
Millions Flock to Vote in Sierra Leone in Step Toward Postwar Healing
It is the first election in Sierra Leone since United Nations peacekeeping efforts ended two years ago...
New York Times - August 11, 2007
How the ?Good War? in Afghanistan Went Bad
At critical moments in the fight for Afghanistan, the Bush administration diverted scarce intelligence and reconstruction resources to Iraq...
New York Times - August 11, 2007
Political Memo: Appearing Now on a TV Near You? Surely a Presidential Debate
Running for president has become a test of debating, but it is questionable whether many voters are paying close attention...
New York Times - August 11, 2007
In Credit Crisis, Large Mortgages Grow Costly
Problems in the subprime mortgage market have spread, and the market for large mortgages has suddenly dried up...
New York Times - August 11, 2007
The Road to Clarity
How a graphic designer and a typographer and their obsession with fonts and legibility led to a painstaking effort to clean up America?s road signs, one letter at a time...
New York Times - August 11, 2007
Market Swings Are First Crisis for Fed Chairman
Ben S. Bernanke is under pressure to help bail out investors who bought the risky mortgages that led to the current market panic...
New York Times - August 11, 2007
Eight US bridge deaths confirmed
US officials confirm that at least eight people died in the collapse of a bridge in Minneapolis, leaving five still missing...
BBC News - August 11, 2007
Wider hole drilled into Utah mine
Rescuers in the US state of Utah drill a second, wider hole into a mine cavity where six men are believed trapped...
BBC News - August 11, 2007
Reported Decline in Surveillance Spurred Quick Law
Lawmakers were told in July that eavesdropping on certain communications had fallen by 75 percent, helping to set off a furious legislative rush...
New York Times - August 11, 2007
Buyout Firm Says It Intends to Back Out of Deal for Lender
Lone Star Funds said yesterday it would not complete a takeover of Accredited Home Lenders...
New York Times - August 11, 2007
Judge Sides With Broadcom in Qualcomm Patent Fight
Broadcom was tentatively awarded $39.3 million in damages and legal fees on Friday in a patent dispute with a rival chip maker, Qualcomm...
New York Times - August 11, 2007
Ex-Comverse Chief Keeps Maneuvering to Avoid Return to U.S. in Options Case
Jacob Alexander is trying to fight extradition from Namibia to the United States, where he is wanted in an options fraud case...
New York Times - August 11, 2007
Little oxygen found in Utah mine
Rescuers drill into a cavity where six US miners are believed trapped but find no signs of life and low oxygen levels...
BBC News - August 11, 2007
Bodies of mom, daughter bridge victims found
The bodies of 22-month-old Hana Sahal and her mother, Sadiya Sahal, have been recovered from the rubble of the I-35W bridge collapse in Minneapolis, Minnesota, the Hennepin County Medical Examiner's Office said Friday. full story...
CNN - August 11, 2007
Sierra Leone heads to polls
Voters in war-battered Sierra Leone will choose a president and legislators when they go to the polls this weekend, in the African nation's first election since U.N. peacekeepers withdrew from the diamond-rich nation two years ago. full story...
CNN - August 11, 2007
Gouge Caused by Debris Spotted on Shuttle Wing
A piece of debris hit the underside of the space shuttle Endeavour during liftoff on Wednesday and gouged a small but potentially worrisome divot in a heat shield tile...
New York Times - August 11, 2007
Campaign Is a Family Project for the Romneys
In a large ground operation, 96 members of Mitt Romney?s family have arrived in Iowa to help out at Saturday?s Republican straw poll...
New York Times - August 11, 2007
Political Memo: Appearing Now on a TV Near You? Surely a Debate
These days, running for president has become a marathon test of debating, but it is questionable whether many voters are paying close attention...
New York Times - August 11, 2007
Armstrong?s Team Falls With Cycling?s Image
The crisis over doping has turned even Lance Armstrong into a pessimist about cycling?s short-term future...
New York Times - August 11, 2007
Summer Rituals | Boldface Barbecue: A Hamptons Barbecue, Aglow With Star Power
For a family in Southampton, N.Y., high-profile guests go hand in hand with the quintessential summer barbecue...
New York Times - August 11, 2007
Yankees 6, Indians 1: Yanks of Future Offer Help in Present
The Yankees? ninth win in 11 games provided a delicious glimpse of the future...
New York Times - August 11, 2007
States Seek Change in Presidential Election Process
Maneuvers by lawmakers and political leaders upset with the system are adding unpredictability to the campaign...
New York Times - August 11, 2007
Reported Drop in Surveillance Spurred a Law
Lawmakers were told in July that eavesdropping on certain communications had fallen by 75 percent, setting off a furious legislative rush...
New York Times - August 11, 2007
Bloodthirsty New Book Incites a Bidding War
A $1.75 million bid for an unfinished novel is just the latest indicator of the lengths that studios will go to in search of their next franchise...
New York Times - August 11, 2007
Home Depot Wants in, but Some Arms Aren?t Open
A proposal to open a Home Depot is deeply dividing the mostly rural area of Sunland in northern Los Angeles, but not for the usual reasons...
New York Times - August 11, 2007
Oil Caused Prices of U.S. Imports to Top Expectations for July Rise
Inflation concerns were highlighted as prices of imported goods rose more than forecast in July due to higher oil costs...
New York Times - August 11, 2007
Saturday Interview: Can the IHOP Corp. Do for Applebee?s What It Did for Itself?
Julia A. Stewart, chairwoman and C.E.O. of the IHOP Corporation, discusses her company, Applebee?s and franchising...
New York Times - August 11, 2007
Basic Instincts: At Weddings, Efficiency vs. Etiquette
While cash is a welcome wedding gift in many cultures, in the U.S., couples are increasingly looking for ways around the longstanding stigma of asking for cash gifts...
New York Times - August 11, 2007
Off The Charts: Ignore the Last Few Weeks. It?s Been a Heck of a 25 Years.
Despite the gyrations of the market over the past few weeks, the last 25 years have have seen a remarkable bull market...
New York Times - August 11, 2007
Record U.S. Corn Crop, Up 24%, Is Forecast
Fueled by high prices, farmers planted the most acres of corn since 1944, which is expected to result in a harvest nearly a quarter bigger than last year?s...
New York Times - August 11, 2007
What?s Online: Easy Money Isn?t That Easy
How difficult is it to become an Internet millionaire? With a good idea, not very, says Guy Kawasaki...
New York Times - August 11, 2007
What?s Offline: It Pays to Look for Trouble
Questions managers should ask to identify problems, and avoid causing them. Also, insider trading seems to be on the rise...
New York Times - August 11, 2007
German Chief Felled by Scandal Returns to Market on Smaller Scale
Heinz C. Schimmelbusch was abruptly ousted as the chief executive of Metallgesellschaft, the German metalworking conglomerate, in 1993. Now, after a decade in the U.S., he is back with a new company...
New York Times - August 11, 2007
Google Is Closing Its Video Retailing Operation
After buying the video-sharing site YouTube nine months ago for $1.65 billion, Google plans to stop selling television shows on its homegrown video site...
New York Times - August 11, 2007
Five Days: Fed Stands Still on Rates; Chrysler Takes a Big Step
During a busy week, the Federal Reserve stood still, but executives were on the move at Chrysler and Fidelity. The bidding for Barneys escalated and prosecutors won a guilty verdict in a significant options backdating case...
New York Times - August 11, 2007
Wedded to Work, and in Dire Need of a Wife
Many working women, seeing their lack of devoted spousal support as an impediment to getting ahead, are wishing they had wives...
New York Times - August 11, 2007
China Trade Surplus Surged in July, Defying Expectations for an Easing
China?s trade surplus soared 67 percent in July to the second-highest monthly level on record, totaling $24.4 billion...
New York Times - August 11, 2007
Europeans Are Wondering About Subprime Exposure
The problems in the U.S. with the subprime market are raising questions in Europe about whether regulations there force firms to disclose enough about exposure to high-risk assets...
New York Times - August 11, 2007
Executive Pursuits: Wicked Wickets of the East: Talking Tough on a Croquet Court
Competitive croquet is far cry from the leisurely game that many people play in their backyards. It is a ritualized war game that combines elements of golf, pool and chess...
New York Times - August 11, 2007
Judge Says Unix Copyrights Rightfully Belong to Novell
A federal judge ruled that Novell, not the SCO Group, is the rightful owner of the copyrights covering the Unix operating system, removing a cloud over open-source software...
New York Times - August 11, 2007
Italian Pride Is Revived in a Tiny Fiat
Fiat has introduced an updated version of the 500, or Cinquecento, the chubby little car that symbolized Italy?s postwar economic miracle...
New York Times - August 11, 2007
Market Swings Are First Crisis for Fed Chief
Ben S. Bernanke must decide whether the Federal Reserve should help bail out investors who bought the risky mortgages that led to the current market panic...
New York Times - August 11, 2007
Fannie Mae?s Offer to Help Ease Credit Squeeze Is Rejected, as Critics Complain of Opportunism
The nation?s largest buyer of home loans was blocked Friday by federal regulators from expanding its mortgage holdings...
New York Times - August 11, 2007
Central Banks Intervene to Calm Volatile Markets
Central banks around the world acted in unison to calm investors by injecting tens of billions of dollars in to the financial system...
New York Times - August 11, 2007
Chavez tour ends in energy deals
The presidents of Bolivia, Venezuela and Argentina sign joint energy deals worth more than $1bn in Bolivia...
BBC News - August 11, 2007
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