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US News Archive for January 2006:
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Katrina cited as deficit likely to top $400B
The White House projected a 2006 budget deficit of more than $400 billion on Thursday, a sharp increase over a July forecast, and blamed the surge largely on costs of recovering from Hurricane Katrina...
CNN - January 12, 2006
German Leader to Meet With Bush
Angela Merkel left for her first official visit to the U.S. in an effort to improve the German-American relationship...
New York Times - January 12, 2006
Bush Notes Progress in New Orleans Cleanup
President Bush said he was struck by the contrast in New Orleans now compared to the days just after Hurricane Katrina...
New York Times - January 12, 2006
Miller Apologizes for Comments About Skiing and Drinking
Bode Miller apologized today for comments he made that suggested he had skied under the influence of alcohol...
New York Times - January 12, 2006
Federated Is Seeking Buyer for Lord & Taylor Stores
Federated Department Stores said today that it would seek a buyer for the chain of 55 Lord & Taylor stores...
New York Times - January 12, 2006
Tax surge gives US budget surplus
Record tax receipts give the US government the first monthly budget surplus in four years...
BBC News - January 12, 2006
Chile candidates in final rallies
Chile's two presidential candidates are wrapping up their campaigns ahead of Sunday's vote...
BBC News - January 12, 2006
Hajj stampede kills hundreds
Dozens of people are reported to have been killed in a stampede during a symbolic stoning ritual at the annual Hajj pilgrimage in Saudi Arabia. Government officials said 289 others were injured in the trampling near Mecca...
CNN - January 12, 2006
Europeans: Refer Iran to U.N.
Britain, France and Germany call for the U.N.'s nuclear watchdog to refer Iran to the Security Council over the country's atomic ambitions...
CNN - January 12, 2006
Bush returns to Gulf Coast
President Bush is making his first visit in three months to the hurricane-ravaged Gulf Coast, where, his chief of staff says, there is still "great need -- indescribable need."...
CNN - January 12, 2006
Questioning of Alito ends
Supreme Court nominee Samuel Alito concluded his Senate testimony Thursday, avoiding for the most part any political pitfalls that could threaten his confirmation. Republican senators praised his judicial record and poise, while Democrats complained his answers were evasive and incomplete...
CNN - January 12, 2006
Anger Meets New Orleans Renewal Plan
The plan would give neighborhoods in low-lying parts of New Orleans from four months to a year to prove they should not be bulldozed...
New York Times - January 12, 2006
Alito Resists Making Comparisons to O'Connor
Democrats focused on presidential powers and the relationship between the courts and Congress as the questioning began today...
New York Times - January 12, 2006
Airplane Exports Help U.S. Narrow Trade Deficit
The U.S. imported $64.2 billion in goods and services more than it exported in November, about 5.8 percent less than in October...
New York Times - January 12, 2006
Record US trade deficit narrows
The US trade deficit narrows in November, helped by record exports of goods such as aircraft, and lower oil prices...
BBC News - January 12, 2006
Kerry 'backs' India nuclear deal
US Senator John Kerry says he backs a controversial nuclear deal with India "in principle"...
BBC News - January 12, 2006
Merkel heads for talks with Bush
German Chancellor Angela Merkel embarks on her first US visit since taking office...
BBC News - January 12, 2006
Man who shot pope released
The Turkish gunman who tried to assassinate Pope John Paul II in 1981 is released from an Istanbul prison after 25 years behind bars...
CNN - January 12, 2006
Doctors: Sharon 'serious and stable'
Israeli Prime Minister Ariel Sharon remains in "serious and stable" condition in Jerusalem's Hadassah Hospital, with doctors saying in a statement he will undergo a routine brain scan later in the day...
CNN - January 12, 2006
Guidant accepts sweeter J&J offer
US heart care firm Guidant, at the centre of a takeover battle, accepts a new offer from Johnson & Johnson...
BBC News - January 12, 2006
NFL: Super Bowl race hots up
BBC Sport picks the winners and losers as eight teams battle it out in the NFL's divisional play-offs...
BBC News - January 12, 2006
Two tunnels found under US border
Two tunnels have been discovered under the US-Mexico border this week, US immigration agents say...
BBC News - January 12, 2006
Plans anger New Orleans residents
One proposal in the newly unveiled proposal on how to rebuild New Orleans angered residents. It calls for a four month moratorium on rebuilding in areas of the city that were badly flooded after Hurricane Katrina...
CNN - January 12, 2006
Cloning scientist: Forgive me
Disgraced South Korean cloning scientist Hwang Woo-suk apologizes for publishing fake research on human stem cells, but says he was deceived by researchers at another lab...
CNN - January 12, 2006
Bad Blood: East Meets West, Adding Pounds and Peril
Asians are acutely susceptible to diabetes, a factor that is compounded by recent immigrants' collision with American diet...
New York Times - January 12, 2006
Texas Redistricting Is One More Hurdle for DeLay
Tom DeLay's re-election campaign might be decided by the Texas Congressional redistricting plan he spearheaded in 2003...
New York Times - January 12, 2006
Birgit Nilsson, Soprano Legend Who Tamed Wagner, Dies at 87
The soprano made such a strong imprint on a number of roles that her name came to be identified with the "Nilsson repertory."...
New York Times - January 12, 2006
The Cases: O'Connor Casts a Long Shadow on the Nominee
Judge Samuel A. Alito Jr. must, it seems, continually refer to and, if possible, endorse the views of Justice Sandra Day O'Connor...
New York Times - January 12, 2006
A New Swing in the Tour's TV Deals
The PGA Tour announced new television agreements that will provide more tournaments for CBS and NBC and shift all of its cable arrangements to the Golf Channel...
New York Times - January 12, 2006
World Briefing: Europe, Asia, Australia
EUROPE...
New York Times - January 12, 2006
Lobbying to Sell Your House
The National Association of Realtors is going to the mat for its six percent by stonewalling banks that want to get into the real estate brokerage business...
New York Times - January 12, 2006
Small Business: When Mr. and Mrs. Business Owner Split Up
Many mom-and-pop businesses fail because of messy divorces...
New York Times - January 12, 2006
Nikon Plans to Stop Making Most Cameras That Use Film
The Japanese camera maker said Thursday that it would stop making most of its film cameras and lenses in order to focus on digital cameras...
New York Times - January 12, 2006
Visteon to Close Three Plants
DETROIT, Jan. 11 (AP) - The Visteon Corporation plans to close three plants and put six others up for sale under a revamping plan announced Wednesday...
New York Times - January 12, 2006
Sidney Frank, 86, Dies; Took a German Drink and a Vodka Brand to Stylish Heights
Sidney E. Frank, known for audacious sales techniques, concocted successful marketing campaigns for Jägermeister liqueur and Grey Goose vodka...
New York Times - January 12, 2006
New Editor in Chief for SmartMoney
Jonathan Dahl, previously executive editor of SmartMoney, will now serve as editor in chief. He succeeds Edwin A. Finn Jr...
New York Times - January 12, 2006
Disney Paid Eisner $10.1 Million in '05
The amount included a $9.1 million cash bonus, according to the company's annual proxy statement filed Wednesday...
New York Times - January 12, 2006
Refco Seeks to Remove Ex-Chief From Board
Refco yesterday asked a federal court in New York to remove its former chief executive, Phillip R. Bennett, from its board...
New York Times - January 12, 2006
Economic Scene: American Companies Show an Edge in Putting Information to Work
Output per hour has grown at an average annual rate of nearly 3.5 percent over the last three years...
New York Times - January 12, 2006
Chief Retiring at Networking Systems Maker
Bruce L. Claflin, chief executive of the 3Com Corporation, will retire as soon as a successor is named...
New York Times - January 12, 2006
Bahrain Pact Signed by Bush
President Bush signed a bill on Wednesday establishing a free trade agreement with Bahrain, the first such pact with a Persian Gulf country...
New York Times - January 12, 2006
Brazil Is Awash in Energy (Except for Natural Gas)
Shortfalls in natural gas supply are hampering development in Brazil, despite strides in oil production and the development of renewable fuels...
New York Times - January 12, 2006
Fed Banker's Inflation Remarks Help Send Shares Higher
Investors interpreted comments by Timothy F. Geithner, president of the Federal Reserve Bank of New York, as a sign that interest rates increases might soon halt...
New York Times - January 12, 2006
Martha Stewart Plans to Publish New Magazine
The new lifestyle magazine, called Blueprint, will cater to "modern, multitasking" women between the ages of 25 and 45...
New York Times - January 12, 2006
Advertising: ING Retires Fresh Thinking to Focus on the Simpler Life
Advertising that focuses on simplicity and making life easier is becoming increasingly popular...
New York Times - January 12, 2006
Record Profits Elicit Big Bonuses on Wall St.
The bonuses were driven by record profits at many of Wall Street's major banks, including Goldman Sachs, Bear Stearns and Lehman Brothers...
New York Times - January 12, 2006
Credit Card Rivals to Unite in Data Protection Effort
Visa USA and MasterCard International are working together to create a private group that would set new industrywide security standards...
New York Times - January 12, 2006
A Unit Chief to Leave S.E.C.
Alan L. Beller, who led a surge of rule-making at the Securities and Exchange Commission as head of its corporation finance division, will step down in February...
New York Times - January 12, 2006
Spain Is Said to Be Close to Approving Utility Deal
The hostile takeover of Endesa by Gas Natural would create a new European power giant at a time when more companies are embracing vertical integration...
New York Times - January 12, 2006
Johnson Raises Bid for Control of Guidant
Johnson & Johnson raised its bid to $23.2 billion and reached a new agreement with Guidant, pre-empting an offer from Boston Scientific...
New York Times - January 12, 2006
Trade Surplus Tripled in '05, China Says
China said that its trade surplus rose to a record $102 billion in 2005, a figure that could reignite global trade frictions...
New York Times - January 12, 2006
Ex-Morgan Stanley Executives Raid Talent at Old Firm
Morgan Stanley sustained its first high-level executive departures of the new year Wednesday...
New York Times - January 12, 2006
Market Place: For DuPont and BP, the Storms Haven't Blown Over
Hurricane season is continuing to take a toll - and for longer than expected - on the finances of chemical and oil companies...
New York Times - January 12, 2006
Goldman Is Said to Have Quit Thomas Weisel Offering
Goldman Sachs, one of two underwriters set to take the investment bank Thomas Weisel Partners public, has pulled out of the deal, a person briefed on the situation said...
New York Times - January 12, 2006
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