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US News Archive for December 2007:
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City Room: Flaws at the M.T.A.?s Lost-and-Found
Because of poor security, inefficient management and inadequate staff, only 18 percent of the roughly 8,000 items left each year on the city's subways and buses is recovered, according to a new report by the M.T.A. inspector general...
New York Times - December 13, 2007
Jurors Deadlock on 6 of 7 in Sears Plot
A jury in the trial of seven indigent men accused of plotting to wage an armed jihad against the government acquitted one of the defendants but said they could not reach verdicts for the other six...
New York Times - December 13, 2007
New Jersey Assembly Votes to End Death Penalty
The General Assembly approved a bill eliminating capital punishment, a move that clears the way for Gov. Jon S. Corzine to sign the measure as early as Monday...
New York Times - December 13, 2007
House Votes to Ban Harsh C.I.A. Methods
The House approved an intelligence bill that bans the C.I.A. from using waterboarding, mock executions and other harsh interrogation methods...
New York Times - December 13, 2007
Senate Moves Toward Final Vote on Energy Bill
The Senate appeared to be close to passing a broad energy bill hours after Senator Harry Reid agreed to excise controversial parts of the measure...
New York Times - December 13, 2007
Final Iowa Debate Is Mostly Placid for Democrats
In a sharp departure from past debates, not one of the six Democratic candidates attacked another one by name...
New York Times - December 13, 2007
Rodriguez and Yankees Finalize Deal
Alex Rodriguez set another record for baseball?s highest contract, finalizing his $275 million, 10-year agreement...
New York Times - December 13, 2007
Steroid Report Implicates Top Players
Dozens of baseball stars including seven M.V.P.?s were named in the former Senator George Mitchell?s report on the use of performance-enhancing drugs...
New York Times - December 13, 2007
Stocks Mixed After Wholesale Prices Jump
Stocks finished mixed in another volatile session after a spike in wholesale prices touched off inflation concerns and overshadowed a strong increase in retail sales last month...
New York Times - December 13, 2007
Lehman Earnings Fall, but Not as Much as Expected
Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, reported better than expected earnings for the fourth quarter...
New York Times - December 13, 2007
DealBook Blog: Lufthansa to Buy 19% Stake in JetBlue
Lufthansa will pay $305 million for the stake in JetBlue Airways, the discount airline, the companies announced...
New York Times - December 13, 2007
Lufthansa buys stake in JetBlue
German airline Lufthansa buys a 19% stake in US budget carrier JetBlue Airways for $300m...
BBC News - December 13, 2007
Caribbean storm death toll rises
The death toll from Tropical Storm Olga, a rare December cyclone, rises to 25 in the Caribbean, officials say.
A rare December tropical storm causes floods and landslides in the Caribbean, killing at least 14 people...
BBC News - December 13, 2007
Democrats battle in Iowa debate
US Democratic presidential hopefuls hold their last TV debate before the nomination race kicks off in January...
BBC News - December 13, 2007
N Jersey to scrap death penalty
Lawmakers in New Jersey vote to abolish the death penalty, making it the first US state to do so in more than 40 years...
BBC News - December 13, 2007
Chicago bomb defendant cleared
A US jury clears one man of attempting to blow up Chicago's Sears Tower, while six others may face a re-trial...
BBC News - December 13, 2007
Well Blog: Creating a Better Playground
Old-fashioned toys get kids moving...
New York Times - December 13, 2007
Pogue's Posts Blog: Pogue?s Posts: The Year of the Cellphone
As I was looking back over my folder of this year?s columns, e-mail newsletters and blog posts, I was struck by one thing: how much I wrote about cellphones. Cellphones and cellphone services made news with amazing frequency, making it clear that this service-we-love-to-hate is still in its crude Neanderthal age. In particular, 2007 was the [...]...
New York Times - December 13, 2007
The Lede Blog: The Lede: Some Puzzled by Word of the Year
Readers of Merriam-Webster selected one with two numbers for letters: w00t...
New York Times - December 13, 2007
City Room: Subpoenas Issued to Sharpton Group
Federal agents sought financial records from the civil rights group founded by the Rev. Al Sharpton...
New York Times - December 13, 2007
Winter Storm Blows Into Northeast
Forecasters said as many as 10 inches of snow could fall in the Boston area while the accumulation in New York City was likely to be 2 to 4 inches...
New York Times - December 13, 2007
Golden Globe Nominations Announced
The love-and-war drama ?Atonement? got seven nominations, and Denzel Washington also had a big day...
New York Times - December 13, 2007
New European Pact Signed by Leaders
LISBON (Reuters) - European Union leaders will sign the 'Treaty of Lisbon' on Thursday to modernize the bloc's institutions and put behind them a difficult reform process that has lasted nearly a decade...
New York Times - December 13, 2007
Broad Energy Bill Stalls in Senate
After Republicans blocked the bill, Senator Harry Reid said he would remove controversial parts of the measure...
New York Times - December 13, 2007
As Baseball Braces for Report, Pettitte and Clemens Cited
With former Senator George Mitchell?s report on steroids in baseball due out this afternoon, lawyers said a former trainer of Roger Clemens had given investigators information...
New York Times - December 13, 2007
Japan's Nikkei Index Tumbles 2.5 Percent
TOKYO (AP) -- Japanese stocks tumbled Thursday on pessimism about a key central bank survey to be released Friday that investors expect will show deteriorating confidence among business executives...
New York Times - December 13, 2007
Costco 1st-Quarter Profit Is Up, but Shares Fall
The results were in line with Wall Street expectations, but its shares slid almost 5 percent in morning trading on disappointment at Costco?s operating margins...
New York Times - December 13, 2007
Dow Chemical and Kuwait Firm in Joint Venture
Dow said it will receive about $9.5 billion from a unit of Kuwait Petroleum for contributing five of its global businesses worth about $19 billion to the petrochemicals joint venture...
New York Times - December 13, 2007
DealBook Blog: Lufthansa Prepares to Buy Stake in JetBlue
Lufthansa is in talks to buy a stake of just under 25 percent in JetBlue Airways, the discount airline, people briefed on the matter told DealBook ...
New York Times - December 13, 2007
As Writers? Strike Drags On, Directors Plan Talks
Movie and television directors said that they were set to begin contract negotiations, jolting the striking writers...
New York Times - December 13, 2007
DealBook Blog: Lehman?s Profits Fall, but Beat Expectations
In the first sign of the toll that subprime mortgages will take on investment banks for the quarter, Lehman reported a drop in profit, but the firm managed to beat expectations...
New York Times - December 13, 2007
Little Headway With China on Finance
China and the United States ended three days of economic talks with new accords on food safety, energy and environmental cooperation but only modest progress in opening China?s financial markets...
New York Times - December 13, 2007
Shareholders Back Dow Jones Sale
Rupert Murdoch won control of a long-coveted prize, The Wall Street Journal, when shareholders of Dow Jones & Company gave their blessing to a takeover by Mr. Murdoch?s News Corporation...
New York Times - December 13, 2007
Stocks Fall After Wholesale Price Report
Wall Street declined after a spike in producer prices and uncertainty about a plan to ease tightness in the credit markets stirred concerns...
New York Times - December 13, 2007
Retail Sales Strong; Producer Prices Jump
Retail sales rose a strong 1.2 percent in November, but producer prices posted their biggest gain in 34 years, offering a reminder that rising costs are weighing on the economy...
New York Times - December 13, 2007
Court weighs Caribbean islets row
The World Court says it can rule only on part of a dispute over small islands between Nicaragua and Colombia...
BBC News - December 13, 2007
No yuan deal at US-China talks
Chinese and US trade officials end two days of talks, but make little progress on the key issues of dispute...
BBC News - December 13, 2007
Canada 'breaks global drugs ring'
Canadian police say they have "chopped the head off" an international drugs ring based in Vancouver...
BBC News - December 13, 2007
Key Brazilian tax is thrown out
Brazil's government suffers a major blow as the Senate refuses to renew a key revenue-raising tax...
BBC News - December 13, 2007
Kirchner denies illegal funding
Argentine leader Christina Kirchner rejects US allegations that Venezuela tried to fund her campaign...
BBC News - December 13, 2007
Reading Room: Gary Hart on Henry Adams
Mr. Mallon voiced the longing of all in politics with his suggestion that criticism of public servants is best delivered after walking a mile (or perhaps even just a couple hundred yards) in a public man?s (and presumably woman?s) shoes. The formula is even more problematic applied to a former public man?s efforts to walk [...]...
New York Times - December 13, 2007
Dot Earth: Resilient Bears, Shrinking Ice
The warming Arctic is again making news, with a heap of findings unveiled at the fall meeting of the American Geophysical Union in San Francisco...
New York Times - December 13, 2007
Conservative Leads South Korean Opinion Polls
The candidate of South Korea?s conservative opposition party in next week?s presidential election has surged far ahead of his rivals in the last opinion polls allowed before the balloting...
New York Times - December 13, 2007
Small Businesses Oppose Mandates for Health Plans
The small business lobbying group that had a big part in derailing Hillary Clinton?s effort to overhaul health care in the early 1990s has staked out its position for the 2008 political season...
New York Times - December 13, 2007
Central Bankers to Lend Billions in Credit Crisis
Led by the Fed, five central banks announced an aggressive infusion of capital into the banking system, hoping to ease the credit crunch...
New York Times - December 13, 2007
US arrests over cash-filled case
US authorities arrest four men accused of being agents for Venezuela in a scandal over a cash-filled suitcase...
BBC News - December 13, 2007
National Finals Rodeo Adds Bucks to the Bucking
Life for a cowboy does not get much better than the 10 days they spend each December chasing the biggest pot of the year at the National Finals Rodeo...
New York Times - December 13, 2007
Spines, Made Extra Curvy for Women
Pregnant women do not tip over, and the reason has a lot to do with an evolutionary curve, researchers say...
New York Times - December 13, 2007
Immigration, and Its Politics, Shake Rural Iowa
The struggle over immigration may seem distant in states like Iowa, but the debate is part of daily life in Storm Lake...
New York Times - December 13, 2007
Our Towns: Giving Names to Souls Forgotten No Longer
In Thiells, N.Y., an effort is underway to identify the 910 or so anonymous souls buried beneath metal markers with no names...
New York Times - December 13, 2007
From a Critic of Tribunals to Top Judge
The chief judge of the military commissions at the naval base in Guantánamo Bay, Cuba, once wrote a paper that criticized the Bush administration?s plan to use military commissions to try suspects held there...
New York Times - December 13, 2007
Advertising: Shift Away From Ad-Free Has a Price
Children who visit Webkinz.com, the popular virtual world for children who buy Webkinz stuffed animals, may also see advertisements on the site...
New York Times - December 13, 2007
Britain: Microsoft Buys Map Service
Microsoft said it had agreed to acquire MultiMap, an online map service based in London, in an attempt to compete more effectively with the search services of Google...
New York Times - December 13, 2007
China: Retail Sales Show Big Jump
China?s retail sales increased at the quickest rate in at least eight years on rising incomes...
New York Times - December 13, 2007
Australia: Casino Chain Expands in Las Vegas
Australia?s largest casino company, Crown Ltd., said it agreed to buy Cannery Casino Resorts for $1.75 billion, expanding its business in Las Vegas...
New York Times - December 13, 2007
Britain: Unemployment Is Down
Unemployment in Britain declined to 3.2 percent in November, the lowest level since 1975, as the strength of the economy encouraged companies to take on more workers...
New York Times - December 13, 2007
A.M.D. to Write Down an Acquisition
Advanced Micro Devices said Wednesday that it planned to take a material write-down of the value of its 2006 acquisition of ATI Technologies...
New York Times - December 13, 2007
Media Analyst Takes Post at Time Warner
Time Warner has quietly hired a prominent media analyst as it reshuffles its executive ranks in the weeks before Jeffrey L. Bewkes takes over as chief executive...
New York Times - December 13, 2007
Charity?s Share From Shopping Raises Concern
Experts on nonprofit organizations are beginning to question the practice of building a donation into the purchase of products by retailers...
New York Times - December 13, 2007
Drive Maker in China to Be Sold to Iomega
Iomega, an American distributor of computer data storage equipment, said Wednesday that it was entering into a complex $310 million deal to acquire ExcelStor, a Chinese contract maker of disk drives...
New York Times - December 13, 2007
Higher Oil Prices Widened U.S. Trade Deficit in October
The United States trade deficit widened slightly in October as a record price for imported oil outweighed the export-spurring benefits of a weaker dollar...
New York Times - December 13, 2007
Truck Maker and U.A.W. Reach Deal
The International Truck and Engine Corporation reached a tentative agreement Wednesday with the United Automobile Workers? leadership on three-year contracts for 3,700 striking workers...
New York Times - December 13, 2007
Airline Trade Group Predicts a Further Drop in Profit Next Year
Soaring fuel prices and slowing economic growth are likely to wipe out much of the airline industry?s profits next year, despite steady increases in global demand for air travel...
New York Times - December 13, 2007
3M Expecting Strong 2008, Aided by Big Gains Abroad
The 3M Company said on Wednesday that it expected double-digit sales and earnings growth in 2008 and forecast profit slightly above the average Wall Street estimate...
New York Times - December 13, 2007
Shares Hold on to Part of Early Gains
Shares rose on Wednesday, led by technology and energy stocks, in another volatile day on Wall Street...
New York Times - December 13, 2007
Congressman Says Google Is Resisting Deal Inquiry
Representative Joe Barton of Texas said on Wednesday that Google had rebuffed requests by his staff for a meeting as part of an investigation into the company?s $3.1 billion acquisition of DoubleClick...
New York Times - December 13, 2007
Florida Court Rejects Claim, a Boon for Morgan Stanley
The Florida Supreme Court on Wednesday rejected an appeal by the financier Ronald O. Perelman, who asked the court to restore a $1.58 billion verdict against the investment bank Morgan Stanley...
New York Times - December 13, 2007
State Of the Art: A Voice to Guide You on the Road
Searching for GPS models that fulfill three requirements that may keep a driver from grunting, panting and swearing...
New York Times - December 13, 2007
U.S. and Chinese Officials Duel on Economic Issues
Treasury Secretary Henry M. Paulson Jr. said a trade conference with China had deepened the trust and openness between the countries...
New York Times - December 13, 2007
Senator Says Wal-Mart Sells Products From Sweatshops
A Democratic senator said that Christmas tree ornaments sold at Wal-Mart Stores and other major retailers were made in a Chinese sweatshop...
New York Times - December 13, 2007
MTV to Let Freelancers Stay on Its Insurance
Acknowledging the concerns of hundreds of freelance workers, MTV Networks on Wednesday reversed some of the cuts it had intended to make to benefits packages...
New York Times - December 13, 2007
3 Big Banks See No Relief as Write-Offs Mount Up
The Bank of America Corporation, the Wachovia Corporation and PNC Financial Services Group said on Wednesday that losses tied to bad debt would be worse than expected...
New York Times - December 13, 2007
Canada Acts to Reopen Reactor Producing Medical Isotope
The Canadian government is rushing through legislation to reopen a nuclear reactor that produces most of the world?s supply of a medically important diagnostic isotope...
New York Times - December 13, 2007
Biogen Takes Itself Off the Block After Failing to Sell High, and Shares Plunge 28%
Investors in the biotechnology company Biogen Idec announced Wednesday that it had not received any definitive offers after putting itself up for sale two months ago...
New York Times - December 13, 2007
At Sallie Mae, a Rejection and a Downward Forecast
The parent company of Sallie Mae, the student lender, cut its profit forecast for 2008 on Wednesday and said that its offer to strike a new deal with a group of investors had been rejected...
New York Times - December 13, 2007
India, a Stirring Giant, Is the New Place to See and Be Seen
A soaring economy and crumbling trade barriers are making India a ?must visit? destination for foreign politicians and executives...
New York Times - December 13, 2007
Federal Judge Upholds Law on Emissions in California
A federal judge in Sacramento upheld a California law regulating greenhouse gas emissions from cars and trucks, another in a string of legal defeats for the auto industry this year...
New York Times - December 13, 2007
Patients Wonder Whether to Replace a Wire That Might Fail
Thousands of patients with failing hearts must decide whether to heed a warning from Medtronic and replace a defibrillator in their chest that has a potentially faulty wire...
New York Times - December 13, 2007
A Chapter of ?Jackass? as Web Test
Paramount Pictures is lurching onto the Web with its ?Jackass? franchise, with what it says will be the first studio-backed feature film to have its premiere online...
New York Times - December 13, 2007
Fed Leads Drive to Strengthen Bank System
Central banks in Europe and North America moved to increase the amount of money they could lend to banks in an attempt to ease the strain of the world credit crunch...
New York Times - December 13, 2007
Countrywide Subpoenaed by Illinois
The Illinois attorney general has subpoenaed documents from Countrywide Financial, broadening an investigation into lending practices that has already led to a lawsuit against one mortgage broker...
New York Times - December 13, 2007
US banks reveal more debt losses
Three US banks, including Bank of America, warn that losses linked to bad debt will get worse...
BBC News - December 13, 2007
Ecuador throws down oil gauntlet
Ecuador is trying to increase the state's share of oil revenues and redraft contracts with foreign firms. Has it gone too far?...
BBC News - December 13, 2007
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