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US News Archive for March 2007:
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Attorney General admits mistakes
U.S. Attorney General Alberto Gonzales said Tuesday that "mistakes were made" in the dismissals of several federal prosecutors, but rejected calls for his resignation...
CNN - March 13, 2007
5 killed in wreck on fog-shrouded turnpike
Heavy fog caused a deadly 13-vehicle wreck on Florida's Turnpike that killed at least five people Tuesday and included a fire truck and sheriff's cruiser headed to an earlier crash, the highway patrol said...
CNN - March 13, 2007
Gonzales: Mistakes made in attorneys' firings
Attorney General Alberto Gonzales said Tuesday that "mistakes were made" regarding the firing of eight U.S. attorneys and he accepts responsibility for the ordeal...
CNN - March 13, 2007
Britain Proposes Law to Curb Greenhouse Gases
If approved, the draft Climate Change Bill would require a 60 percent cut in carbon dioxide emissions by 2050...
New York Times - March 13, 2007
Betty Hutton, Film Star of ?40s and ?50s, Dies at 86
Betty Hutton was a singer and actress celebrated as a ?blonde bombshell? of Hollywood musicals and comedies in the 1940s and 50s...
New York Times - March 13, 2007
Veterans? Programs Overwhelmed, Panel Is Told
The Veterans Administration and its benefits programs need to be streamlined, a Congressional panel was told...
New York Times - March 13, 2007
A Tribute to the Man Who Fed Broadway?s Soul
The Schoenfeld Theater played host to a celebration of the memory of Vincent Sardi Jr., the owner and manager of a landmark Broadway restaurant...
New York Times - March 13, 2007
General Stands by Stance Against Gay Troops
Gen. Peter Pace declined today to apologize for saying that he believes homosexuality is ?immoral.?...
New York Times - March 13, 2007
Gonzales Says ?Mistakes Were Made? in Firing of Prosecutors
The attorney general?s statement came as Senate Democrats vowed to get explanations about the dismissal of federal prosecutors after new revelations put pressure on the White House...
New York Times - March 13, 2007
Tech Veterans Now Investing in Alternative Energy
Silicon Valley entrepreneurs have found a new purpose in transforming the $1 trillion domestic energy market...
New York Times - March 13, 2007
US soldier in Iraq murder trial
The last of four US soldiers stands trial for his part in the murder of three Iraqi detainees in May 2006...
BBC News - March 13, 2007
US justice head admits 'mistakes'
The US attorney general admits mistakes were made in the controversial firings of eight federal prosecutors...
BBC News - March 13, 2007
U.S. poll: Most want '08 Iraq exit
Nearly six in 10 Americans want to see U.S. troops leave Iraq either immediately or by 2008, and more would rather have Congress running U.S. policy in the conflict than President George W. Bush, according to a CNN poll...
CNN - March 13, 2007
Bush, Calderon to tackle immigration
Immigration issues top the agenda as President Bush and his Mexican counterpart, Felipe Calderon, meet at a Yucatan resort on Bush's final stop of a five-nation Latin American tour...
CNN - March 13, 2007
Poll: 58 percent want Iraq pullout by 2008 or sooner
Nearly six in 10 Americans want to see U.S. troops leave Iraq either immediately or within a year, and more would rather have Congress running U.S. policy in the conflict than President Bush, according to a CNN poll out Tuesday...
CNN - March 13, 2007
Stardust Hotel-Casino Is Demolished
The spectacular demolition ended a yearlong farewell to a classic 48-year-old resort that was, in its heyday, considered the ultimate in luxury and style...
New York Times - March 13, 2007
Zimbabwe Opposition Leader Appears in Court
Morgan Tsvangirai was jailed and beaten for his role in a banned anti-government meeting...
New York Times - March 13, 2007
More Homeowners Are Unable to Make Payments
The number of loans past due among people with weak credit histories rose to 13.33 percent. One lender, New Century, faces delisting and an S.E.C. investigation...
New York Times - March 13, 2007
Goldman Sachs Posts a 29 Percent Gain
A quarterly profit of $3.2 billion was driven by increased trading volume and merger activity...
New York Times - March 13, 2007
Viacom Sues Google Over YouTube Video Clips
The parent company of MTV and Comedy Central is seeking $1 billion in damages, citing ?massive intentional copyright infringement.?...
New York Times - March 13, 2007
Cocoa nutrient for 'lethal ills'
A cocoa nutrient cuts the risk of four common killer diseases - at least in the Kuna people in Panama - work suggests...
BBC News - March 13, 2007
Cold weather hits US retail sales
Weak US retail sales figures spark debate about whether the Federal Reserve could cut rates in June...
BBC News - March 13, 2007
Sub-prime mortgage firm probed
US markets regulator the SEC is investigating troubled sub-prime mortgage lender New Century...
BBC News - March 13, 2007
US woman 'to share escort files'
A former escort service owner says she has reached a deal to share the names of clients with a US news organisation...
BBC News - March 13, 2007
Chilean TV war series suspended
Peru welcomes a move by Chilean TV to shelve, for now, a series about the 19th Century War of the Pacific...
BBC News - March 13, 2007
US Justice aide out after scandal
A top aide to US Attorney General Alberto Gonzales resigns in the wake of a scandal over firings...
BBC News - March 13, 2007
Brazilian player's sister rescued
Brazilian police rescue the sister of footballer Ricardo Oliveira, who had been held hostage for more than five months...
BBC News - March 13, 2007
Study reveals veterans' trauma
Many US soldiers returning from Iraq and Afghanistan suffer mental health problems, a study shows...
BBC News - March 13, 2007
Gay sex immoral says US general
Gay rights groups in the US complain as the country's top military commander calls homosexual acts "immoral"...
BBC News - March 13, 2007
Bush pledges immigration reforms
US President George W Bush promises to reform his country's tough immigration laws during a visit to Mexico...
BBC News - March 13, 2007
Airport security targets the inside threat
The Transportation Security Administration carried out surprise inspections on workers at five airports in Florida and Puerto Rico on Monday, one week after a baggage handler in Orlando allegedly used his airport credentials to smuggle more than a dozen firearms into a commercial jetliner...
CNN - March 13, 2007
Bush in Mexico for final stop
U.S. President George W. Bush is set to wrap up his Latin American tour with a final stop in Mexico. But the welcome mat for Bush's talks with Mexico's newly elected leader President Felipe Calderon is muddied with anti-American sentiment, particularly over the war in Iraq...
CNN - March 13, 2007
Poll: 58 percent want U.S. troops out of Iraq by 2008
Nearly six in ten Americans want to see U.S. troops leave Iraq now or within a year, and more want Congress to run U.S. policy in the conflict, according to a new CNN poll...
CNN - March 13, 2007
Strike at Big Shipyard Is Yet Another Effect of Katrina
Strikers at the Ingalls shipyard in Pascagoula, Miss., said they were demanding better wages and benefits to make up for sharp post-Katrina price increases...
New York Times - March 13, 2007
US grapples with homeless issue
US leaders discuss ways to combat homelessness as new statistics reveal the scale of the problem...
BBC News - March 13, 2007
US tackles Indian share-hack scam
Three Indians are charged with hacking into US stock brokerage accounts to boost the value of their shares...
BBC News - March 13, 2007
Autopsy performed on comic Jeni
Los Angeles officials say the cause of comic Richard Jeni's death will not be announced for some weeks...
BBC News - March 13, 2007
Tennis: Roddick makes progress
Rafael Nadal and Andy Roddick reach the fourth round of the Indian Wells Masters...
BBC News - March 13, 2007
Top Army medic out in scandal
The US Army's surgeon general quits in the wake of a scandal over the treatment of wounded veterans...
BBC News - March 13, 2007
Sudan sued over USS Cole attack
Sudan is being sued in the US over accusations that it aided a deadly attack on a US warship in Yemen in 2000...
BBC News - March 13, 2007
Memory loss fear over obesity ops
Obesity surgery could lead to a vitamin deficiency condition which can result in memory loss, researchers say...
BBC News - March 13, 2007
Immigration talk dulls Bush visit
President Bush's message of goodwill in Latin America ran into a wall in Guatemala today, as his defense of U.S. immigration law met with disapproval from his hosts. Bush's meetings in Guatemala City with President Oscar Berger were dominated by straight talk on trade and the difficult issue of immigration policy...
CNN - March 13, 2007
Chief Army Medical Officer Is Ousted
Lt. Gen. Kevin C. Kiley is the third high-ranking official to lose his job over the shabby treatment of wounded troops...
New York Times - March 13, 2007
After Evicting Members, Sorority Is Itself Evicted
Delta Zeta attracted controversy when it evicted two-thirds of its DePauw members late last year...
New York Times - March 13, 2007
A Sea of Mourners, Sharing Two Families? Loss
Services in the Bronx for 10 victims of a fast-moving house fire were the culmination of days of heartbreak...
New York Times - March 13, 2007
A Place to Turn When a Newborn Is Fated to Die
Families whose babies suffer from fatal conditions are turning to specialized hospice programs for help...
New York Times - March 13, 2007
Hip-Hop Is Rock ?n? Roll, and Hall of Fame Likes It
Grandmaster Flash and the Furious Five joined Patti Smith, the Ronettes, Van Halen and R.E.M. as inductees in the Rock and Roll Hall of Fame...
New York Times - March 13, 2007
G.O.P. Voters Voice Anxieties on Party?s Fate
Republican voters see their party as divided and are not satisfied with their choice of candidates, according to a new Times/CBS News Poll...
New York Times - March 13, 2007
White House Said to Prompt Firing of Prosecutors
White House officials consulted with the Justice Department in preparing a list of U.S. attorneys who would be removed...
New York Times - March 13, 2007
World Business Briefing | Americas: Canada: Hotel Operator Posts a Profit
Four Seasons Hotels, the world?s largest operator of luxury hotels, reported a fourth-quarter profit on higher room revenue. Four Seasons, based in Toronto, said profit was $16.9 million, or 44 cents a share, in contrast to a loss of $37.8 million, or $1.03 a share, a year earlier. The company said it had higher costs in the year-earlier period related to retirement benefits and lower revenue after ending its lease for the Pierre in New York. Revenue rose 19 percent, to $69.8 million, from $58.5 million, because of an increase in hotel management and ownership fees. Revenue for each available room worldwide rose 14 percent, to $258.13; at properties in the United States, it was up 8.4 percent, to $297.83. Four Seasons agreed last month to be sold to a group of private investors...
New York Times - March 13, 2007
World Business Briefing | Europe: Britain: Pharmacy Rejects Offer
Alliance Boots, the British pharmacy chain, rejected a £9.7 billion ($18.7 billion) takeover proposal from the private equity group Kohlberg Kravis Roberts & Company. Alliance Boots said that the 1,000 pence ($19.32) a share offer from Kohlberg Kravis and its largest shareholder, the Italian billionaire Stefano Pessina, undervalued the business and its prospects. The company?s board held an emergency meeting to discuss the friendly bid, made after the London Stock Exchange closed on Friday. Alliance Boots, formed after Alliance UniChem and the Boots Group merged last year, said the board did not believe that the offer ?reflects the fundamental value of the company or the attractive prospects, opportunities and synergies available to Alliance Boots following the very recent completion of its merger.? Alliance Boots has retail operations in six European countries and in Thailand. It is also a pharmaceutical wholesaler in Europe for more than 125,000 pharmacies, hospitals and health centers...
New York Times - March 13, 2007
World Business Briefing | Europe: Germany: Blackstone Sells Stake
The Blackstone Group sold the majority of its property holdings in Germany to institutional investors for about 1.6 billion euros ($2.1 billion), the company said yesterday. Blackstone said it had sold a majority stake in its Vitus subsidiary to a consortium including Round Hill Capital and Morley Fund Management, the wealth-management unit of the British insurer Aviva. Blackstone bought Vitus, which has more than 31,000 apartments, from a German holding company, WCM, at the end of 2004...
New York Times - March 13, 2007
World Business Briefing | Americas: Canada: Bidding for Mining Concern
Oxbow Carbon and Minerals Holdings raised its offer for the Great Lakes Carbon Income Fund to about 657 million Canadian dollars ($562 million), topping a higher bid from Rain Commodities and extending a bidding war for Great Lakes, a producer of carbon used to make aluminum. Oxbow raised its bid to 13.50 Canadian dollars a share for Great Lakes Carbon, which was above Rain?s bid of 13.25 Canadian dollars a share, Oxbow said. Oxbow, a unit of the privately held energy company Oxbow Group, bid 13 Canadian dollars a share on Wednesday. Oxbow is based in West Palm Beach, Fla., and Rain Commodities is based in India. Shares in Great Lakes Carbon trade on the Toronto Stock Exchange...
New York Times - March 13, 2007
Bristol-Myers Tightens Process for Setting C.E.O. Pay
The company accepted a Harvard professor?s proposal that the chief executive?s pay be subject to approval by three-quarters of the independent directors...
New York Times - March 13, 2007
Stocks & Bonds: Wall St. Recovery Continues, Albeit Slowly
Investors looked past problems in the subprime lending sector to another parade of acquisition deals...
New York Times - March 13, 2007
Trump Resorts Hires Merrill to Study Status
The casino company said it hired Merrill Lynch to help it explore strategic alternatives, which could include the possibility of a sale...
New York Times - March 13, 2007
In Big Penalty, Jury Reverses a Vioxx Verdict
A jury ruled that Merck?s painkiller contributed to an Idaho postal worker?s heart attack, and awarded him $20 million in damages...
New York Times - March 13, 2007
U.S. Sets Rules for Digital TV Payments
The government will offer households as much as $80 to convert TVs to receive digital broadcasts before the end of analog broadcasts in 2009...
New York Times - March 13, 2007
Express Scripts Firm on Its Offer
Express Scripts said it would not make a higher offer for Caremark, which some analysts said might mean a victory for CVS...
New York Times - March 13, 2007
Setback in Deal on Katrina Claims
Some of the lawyers who helped negotiate a proposed settlement with State Farm withdrew their request for a federal judge to approve the multimillion-dollar deal...
New York Times - March 13, 2007
Frequent Flier: Passing Through but Leaving a Lasting Impression
When strangers in strange lands impress you with unexpected care and generosity, you start to wonder about your own impact as a traveler...
New York Times - March 13, 2007
Drug Maker Subpoenaed About Marketing
Johnson & Johnson received subpoenas from federal prosecutors related to sales and marketing of three drugs...
New York Times - March 13, 2007
UnitedHealth Buys Sierra, Adding Western Customers
The $2.6 billion purchase will give UnitedHealth, the nation's largest health insurance company, its first managed care presence in Nevada...
New York Times - March 13, 2007
Former Executives of Nortel Are Accused of Accounting Fraud
The executives were accused of committing accounting fraud to meet earnings forecasts and investor expectations...
New York Times - March 13, 2007
Study Says Computers Give Big Boosts to Productivity
Money spent on computing technology delivers gains in worker productivity that are three to five times those of other investments, a new study said...
New York Times - March 13, 2007
Swisscom Makes Offer for FastWeb
Swisscom offered 3.74 billion euros, or $4.93 billion to acquire FastWeb, one of the largest fixed-line phone companies in Italy...
New York Times - March 13, 2007
State Monitor Finds TXU Abused Texas Power Market
TXU manipulated the Texas electric market in 2005, costing consumers $70 million and giving the utility $20 million in extra profits...
New York Times - March 13, 2007
Judge Stops Sale of Monsanto?s Genetically Engineered Alfalfa
A federal judge ordered a halt to seed sales and banning any planting of the crop after March 30...
New York Times - March 13, 2007
Film Producer and Partners Buy Halston
The Weinstein Company announced it had acquired Halston, the legendary fashion brand, in partnership with a private equity firm...
New York Times - March 13, 2007
On the Road: Good Cop and Bad Cop on Security Program?s Case
A program that offers a special security checkpoint for frequent travelers hasn?t rolled out at nearly the pace originally predicted...
New York Times - March 13, 2007
Boston Scientific Considers a Spinoff to Raise $1 Billion
The stent maker said it was considering a public stock offering for 18 percent to 25 percent of its Endosurgery division...
New York Times - March 13, 2007
Ford to Sell Aston Martin to Group Led by Ex-Racer
Ford will raise $848 million toward its overhaul plan by selling Aston Martin, its British luxury sports car brand...
New York Times - March 13, 2007
Buyout Firm Is Acquiring Dollar General Retail Chain
Kohlberg Kravis Roberts, the giant buyout firm, said it would pay $6.9 billion to take the discount retailer Dollar General private...
New York Times - March 13, 2007
Bon Voyage as a Bonus
Some companies are reviving travel, with options on destinations, as bonuses for their best workers...
New York Times - March 13, 2007
Advertising: Assigning Ratings to Commercials Turns Out to Be a Tricky Task
A compromise by TV networks and advertisers on a system to count how many people watch commercials has hit a snag...
New York Times - March 13, 2007
Bush Aides and Business Meet on Shift in Regulation
Many top executives have urged the rollback of laws passed in the wake of the Enron and WorldCom scandals...
New York Times - March 13, 2007
Halliburton Office Move Is Criticized
Congressional Democrats suggested that Halliburton?s relocation was possibly part of an effort to dodge U.S. taxes and investigations...
New York Times - March 13, 2007
Big Money Still Learning to Lobby
The hedge fund industry seems resigned to no longer be a wallflower in Washington as it joins the lobbying dance with Congress...
New York Times - March 13, 2007
Lender Faces Credit Crisis With Banks
Wall Street lenders cut their credit lines to New Century Financial, forcing it ever closer to bankruptcy...
New York Times - March 13, 2007
Nobel laureate in Colombia talks
Colombian Nobel-winning writer Gabriel Garcia Marquez is to join government peace talks with ELN rebels...
BBC News - March 13, 2007
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