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US News Archive for June 2007:
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Hamas tightens control in Gaza
Hamas militants killed at least 11 members of the rival Fatah faction Wednesday after setting off explosives in a tunnel beneath a security compound in southern Gaza, Palestinian security sources said...
CNN - June 13, 2007
Iraq gunmen storm Sunni mosques
Hours after a revered Shiite mosque was bombed Wednesday, Sunni houses of worship came under attack, Iraq's Interior Ministry said. The Shiite Askariya Mosque previously suffered devastating damage in an attack sparked Iraq's current wave of deadly sectarian violence...
CNN - June 13, 2007
Virginia Tech Report Cites Privacy Law Problems
Confusion over what officials can legally tell one another has limited their ability to prevent the kind of violence that occurred at Virginia Tech, according to a federal report...
New York Times - June 13, 2007
New Presidential Debate Site? Clearly, YouTube
Questions will come via video submitted by ordinary people through the video-sharing Web site...
New York Times - June 13, 2007
2 Ex-Bush Aides Subpoenaed in Attorneys Case
The subpoenas from Congress intensify pressure on the White House over the dismissals of U.S. attorneys...
New York Times - June 13, 2007
In for a Penny, in for the Pounce
In the lexicon of modern and contemporary art fairs, collectors recognize Art Basel as the biggest and the best...
New York Times - June 13, 2007
Lawmaker Warns Fed on High-Risk Mortgages
A House committee chairman said that he would seek legislation to curb lending abuses if the central bank did not act quickly to do so...
New York Times - June 13, 2007
F.D.A. Panel Votes Against Weight-Loss Drug
A federal advisory panel cited concerns that Acomplia increases the risk of neurological and psychiatric problems, including suicide...
New York Times - June 13, 2007
EBay Says Fraud Crackdown Has Worked
The auction giant will report a 60 percent decline in the number of complaints from luxury goods makers about counterfeit products...
New York Times - June 13, 2007
Kellogg to Curb Marketing of Foods to Children
Kellogg will phase out advertising its products to children unless the foods meet specific nutrition guidelines...
New York Times - June 13, 2007
Senators Seek to Penalize China for Trade Policy
Proposed legislation aims to forcing penalties on China over its policy of suppressing the value of its currency to promote exports...
New York Times - June 13, 2007
Much of US sees 'faster growth'
Many parts of the US see economic growth increase in April and May, the Federal Reserve's Beige Book says...
BBC News - June 13, 2007
Golf: Oakmont to bare its teeth
Oakmont Country Club is expected to provide a stern test for the US Open, which tees off on Thursday...
BBC News - June 13, 2007
US rejects China currency charge
US Senators press ahead with plans to target China's currency as the US Treasury rejects charges of manipulation...
BBC News - June 13, 2007
US concern at Iran 'Afghan arms'
US Defence Secretary Robert Gates says "substantial" quantities of Iranian arms are flowing into Afghanistan...
BBC News - June 13, 2007
Prince joins Falklands ceremony
Prince Edward pays tribute to British servicemen killed in the bombing of two troop ships during the Falklands War...
BBC News - June 13, 2007
Astronauts begin new spacewalk
US astronauts begin their second spacewalk to fold up old solar panels on the International Space Station...
BBC News - June 13, 2007
Beirut blast kills anti-Syria MP
A member of the Lebanese parliament was killed in an explosion outside a Beirut military sports club Wednesday in what security sources said was an assassination...
CNN - June 13, 2007
Gator lurks in Atlanta river
It wasn't what Nick Lawrimore was casting for when he went to his "secret fishing spot" on the Chattahoochee River in Atlanta, Georgia, but experts say he made a rare find anyway...
CNN - June 13, 2007
Former White House officials subpoenaed
Former White House officials Harriet Miers and Sara Taylor are being subpoenaed by Congressional committees investigating the firings of U.S. attorneys. The committees also said they are subpoenaing documents from the White House...
CNN - June 13, 2007
Earnhardt Joins Nascar Powerhouse Hendrick
Dale Earnhardt Jr., the most popular driver in Nascar, announced Wednesday that he will race for Hendrick Motorsports beginning in 2008...
New York Times - June 13, 2007
Battle for Control of China?s Largest Beverage Maker Escalates
Many of Wahaha?s top executives on Wednesday denounced their longtime partner, Groupe Danone, and threatened to form a company that would break away from its joint venture...
New York Times - June 13, 2007
Stocks Rise on Upbeat Economic Reports
Everything Wall Street has been worried about in the last week seemed to weigh less heavily on investors Wednesday, and stocks began to recover...
New York Times - June 13, 2007
Stocks rebound despite rate fears
US share prices on Wall Street open higher, pulling the main European markets higher...
BBC News - June 13, 2007
US consumers go on shopping spree
US retail sales grew 1.4% in May, suggesting that US economic growth may recover faster than expected...
BBC News - June 13, 2007
Spider silk's 'DNA breakthrough'
US biologists hope to make super-strong materials after identifying the genes behind the black widow spider's silk...
BBC News - June 13, 2007
Afghans free US 'bounty hunter'
A US man jailed for running a private prison in Kabul and torturing Afghans is freed, officials say...
BBC News - June 13, 2007
Sacred Shiite shrine devastated
The Askariya Mosque -- one of Iraq's holiest Shiite shrines -- has suffered devastating damage in an attack by insurgent bombers that destroyed the Samarra site's minarets...
CNN - June 13, 2007
City Students Lead Big Rise on N.Y. Math Tests
In every grade tested, the city had jumps, often in double digits, in the proportion of students scoring at grade level...
New York Times - June 13, 2007
That iPhone Has a Keyboard, but It?s Not Mechanical
If there is a billion-dollar gamble underlying Apple?s iPhone, it lies in what this smart cellphone does not have: a mechanical keyboard...
New York Times - June 13, 2007
U.S. Grant Winds Up as 2 Ships Gone Awry
A case of two Coast Guard cutters shows that earmarks to faith-based groups may not achieve their stated purpose...
New York Times - June 13, 2007
Google backs green computer plan
Leading hardware and software firms join a campaign to reduce carbon dioxide emissions from computers by cutting energy use...
BBC News - June 13, 2007
U.S. names human traffic countries
The Bush administration puts some allies in the Middle East and Asia on its blacklist of countries that have not stopped trafficking in people. But while the U.S. claims India has the world's largest trafficking problem, the south Asian nation was not placed on the blacklist...
CNN - June 13, 2007
Water, cancer link on Marine base investigated
Some 75,000 Marines and their families at Camp Lejeune, North Carolina, were exposed to toxic tap water that may have caused cancer and birth defects, a federal health official testified Tuesday...
CNN - June 13, 2007
Romney emerges as New Hampshire front-runner
In April there were two front-runners in the New Hampshire Republican primary: Sen. John McCain of Arizona and former New York Mayor Rudy Giuliani. Now, after last week's CNN-WMUR-New Hampshire Union Leader debate, former Massachusetts Gov. Mitt Romney is in front...
CNN - June 13, 2007
Setback for Ill Workers at Nuclear Bomb Plant
A federal advisory panel has recommended that former workers at a nuclear weapons plant be denied immediate government compensation...
New York Times - June 13, 2007
Mayor and Council Agree on Budget, Providing Breaks on Property and Sales Tax
The highlight is a 7 percent across-the-board cut in the property tax rate, more than Mayor Michael R. Bloomberg proposed in January...
New York Times - June 13, 2007
Ethics Hearing for Duke Prosecutor
Two months after sexual assault charges against three former Duke University lacrosse players were dismissed, the prosecutor who brought the case is facing charges...
New York Times - June 13, 2007
Bush Lobbies G.O.P. Senators on Immigration
President Bush tried to assure Republicans that border security was a force behind his push for immigration change...
New York Times - June 13, 2007
Casting Ballot From Abroad Is No Sure Bet
The Pentagon?s system for allowing citizens living abroad to vote is plagued with security and privacy problems...
New York Times - June 13, 2007
Suffolk?s Leader Wins a Following on Immigration
Steve Levy, the Suffolk County executive, has attracted national attention for his positions on illegal immigration...
New York Times - June 13, 2007
City Students Lead Big Rise on Math Tests
In every grade tested, New York City saw jumps, often in double-digits, in the proportion of students performing at grade level over the year before...
New York Times - June 13, 2007
Spurs 75, Cavaliers 72: Listless Spurs Put Cavaliers on the Brink
Holding a 3-0 lead, the Spurs are victory away from clinching their fourth N.B.A. title in nine years and solidifying their dynasty status...
New York Times - June 13, 2007
Symptoms Found for Early Check on Ovary Cancer
Cancer experts have identified a set of health problems that may be symptoms of ovarian cancer, and they are urging women who have them to see their doctors...
New York Times - June 13, 2007
World Business Briefing: Banking Group Names Chief Executive
The Australia and New Zealand Banking Group hired Michael Smith, head of Asia for HSBC Holdings, as chief executive to drive expansion in Asia, where the bank plans to double investment. Mr. Smith, 50, who worked for HSBC for 29 years, succeeds John McFarlane, who ran the bank for a decade. ?I?ve watched the Australian banks for a number of years and often wondered why they haven?t done more in Asia,? Mr. Smith said in an interview. ??When a market like Australia becomes mature, you have to look for opportunities elsewhere and I really do feel there is a significant opportunity in Asia.?...
New York Times - June 13, 2007
World Business Briefing: Sweden: Teliasonera to Replace Chief
TeliaSonera, the Nordic region?s largest telecommunications operator, pushed its chief executive, Anders Igel, left, from his post, saying it wanted to make room for a more growth-oriented leader. Mr. Igel will leave on July 31 and will be succeeded temporarily by Kim Ignatius, the chief financial officer. The company said the decision was made at a board meeting a day earlier, where members concluded that TeliaSonera was entering a new phase and would benefit from a leader who could raise its ?spirit and commercial drive.?...
New York Times - June 13, 2007
World Business Briefing: Busch Wins Trademark Case in Europe
A European Union high court upheld several Anheuser-Busch trademarks and dismissed a challenge from its Czech brewing rival Budvar, the latest ruling in a century of disputes relating to the name ?Budweiser.? Budejovicky Budvar asked the court to overturn 12 European Union trademark applications of the Anheuser-Busch Companies, contending they infringe on Budvar?s right under French law to the term Budweiser. The trademarks cover promotional goods including clothing, beer mats, neon signs and glassware. Budvar said it would consider an appeal after studying the verdict, which it said should have little effect on its beer business...
New York Times - June 13, 2007
Blackstone I.P.O. in June
The Blackstone Group?s much-awaited initial public offering is set for the week of June 25, underwriters said...
New York Times - June 13, 2007
World Business Briefing: India: Industrial Output Exceeds Forecasts
Helped by robust manufacturing, India?s industrial output rose a stronger-than-expected 13.6 percent in April from a year earlier, the government said. But the numbers heightened concerns that the Indian economy might be overheating, growing faster than the pace that can be sustained. It also fueled fears that the central bank might increase lending rates and take steps to restrain money supply growth to cool the economy. While the April growth was slower than the 14.5 percent rise in March, it was stronger than the 11 percent expansion forecast by economists polled by Dow Jones Newswires. The April data showed manufacturing expanded 15.1 percent in April, while electricity generation grew 8.7 percent from a year ago. Mining output rose 3.4 percent...
New York Times - June 13, 2007
Bank to End Deals With Officers? Kin
Commerce Bancorp will end contracts with companies owned by executives and their relatives, halting a practice that has drawn the attention of regulators...
New York Times - June 13, 2007
Greenberg Rebuttal
Maurice R. Greenberg said testimony from three A.I.G. employees would discredit recent accusations by the State of New York...
New York Times - June 13, 2007
Bankrupt Lender Dismisses 2 Executives
New Century Financial fired its chief executive and an executive vice president and named its chief restructuring officer to the post of chief executive...
New York Times - June 13, 2007
Defense Rests in Black Trial
Conrad M. Black and three former Hollinger executives rested their defense on federal fraud charges without taking the stand...
New York Times - June 13, 2007
Blockbuster Challenges Netflix Service
Blockbuster is offering lower-priced plans for online movie rentals to compete with Netflix...
New York Times - June 13, 2007
Stocks & Bonds: Shares Drop Sharply as Bonds Rise Again
The Dow Jones industrial average plunged nearly 130 points, as investors grappled with a seemingly relentless rise in bond yields...
New York Times - June 13, 2007
Wal-Mart Wins One Case, Loses Another in Class-Action Status Over Unpaid Wages
State courts in Missouri and New York split on whether worker lawsuits claiming unpaid wages should be granted class-action status...
New York Times - June 13, 2007
Suitor Revises Bid for Chicago Board
IntercontinentalExchange resubmitted a proposal to acquire the Chicago Board of Trade...
New York Times - June 13, 2007
Morgan Stanley Settles Metals Lawsuit
Morgan Stanley will pay $4.4 million to settle a class-action lawsuit with brokerage clients who bought precious metals and paid storage fees...
New York Times - June 13, 2007
Former Executive of CA Inc. Will Pay Restitution
Stephen Richards will pay more than $29 million in restitution as part of an accounting fraud at the company...
New York Times - June 13, 2007
Technology Group Seeks to Save Power
Google and Intel are leading a consortium of companies in an effort to reduce the amount of power wasted by personal computers...
New York Times - June 13, 2007
Advertising: What Was Old Is New as TV Revisits Branding
Turning products into integral elements of shows is new to contemporary advertisers, but it was actually a mainstay of marketing from the ?30s through the ?60s...
New York Times - June 13, 2007
Square Feet: A Dose of Art and Entertainment Revives a Suburb
Silver Spring, Md., is enjoying a renaissance, a result of public involvement and private investment...
New York Times - June 13, 2007
Google to Reduce History of Personal Searches
Addressing privacy concerns, the company announced that it would keep search histories of users for only 18 months instead of 24...
New York Times - June 13, 2007
A Chinese Company Fights Its French Partner
A dispute between Groupe Danone and a Chinese executive has escalated into a battle for control of China?s largest beverage maker...
New York Times - June 13, 2007
Chinese Consumer Prices Rose 3.4% in May; Other Gauges More Restrained
Inflation reached a 27-month high while figures for growth suggested that the broader economy was not yet overheating...
New York Times - June 13, 2007
Dissident Shareholders Send Message to Yahoo
About a third of stockholders voted against the re-election of one or more company directors, heeding the advice of advisory firms...
New York Times - June 13, 2007
Europe Plans a Quieter and Cleaner Passenger Jet
The European Union is planning a public-private partnership to help its aviation industry develop greener and quieter aircraft...
New York Times - June 13, 2007
Romney Steps Up Advertising Push
Mitt Romney?s effort has been credited with helping vault him to the lead in some polls in Iowa and New Hampshire...
New York Times - June 13, 2007
Sale Possible as Ford Considers Its Options for Jaguar and Land Rover
Ford said it was working with financial advisers to sort out the future of the two British brands...
New York Times - June 13, 2007
Lehman Brothers Profit Climbs 27%
The second-quarter report, a record for the firm, potentially augurs a good week for Wall Street earnings reports...
New York Times - June 13, 2007
Scrutiny on Tax Rates That Fund Managers Pay
The backlash against the wealth being created by managers of hedge funds and private equity funds may be gaining strength...
New York Times - June 13, 2007
ConAgra?s Chief Is Moving to Revitalize Some Venerable Brands
Gary M. Rodkin is introducing updated twists on the company?s old portfolio to find new ways to please increasingly fickle consumers...
New York Times - June 13, 2007
Square Feet: Near the U.N., a Run on Office Space
With the United Nations headquarters scheduled for renovations, governments make plans of their own...
New York Times - June 13, 2007
That iPhone Is Missing a Keyboard*
If there is a billion-dollar gamble underlying Apple?s iPhone, it lies in what this smart cellphone does not have: a mechanical keyboard...
New York Times - June 13, 2007
Las Vegas Caters to Asia?s High Rollers
Casinos in Las Vegas have become much more aggressive in wooing Asians both domestically and abroad...
New York Times - June 13, 2007
Shake-Up in Newsroom of Journal
The Wall Street Journal will announce a major newsroom shake-up, including the reassignment and replacement of several top editors, officials there say...
New York Times - June 13, 2007
Bond Yields Soar, Driving Shares Down
The cost of borrowing headed higher as yields on the 10-year Treasury note hit a five-year high, climbing to 5.248 percent...
New York Times - June 13, 2007
U.S. Grant Winds Up as 2 Boats Gone Awry
The case of two Coast Guard cutters shows that grants given to faith-based organizations through earmarks may never achieve their intended purpose...
New York Times - June 13, 2007
Mexican politician slain in city
A Mexican politician is shot dead in the district of Monterrey, the latest death in a wave of violence...
BBC News - June 13, 2007
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