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US News Archive for December 2007:
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City Room: Hey, Taxi! Do You Take Credit Cards?
New rules require New York City's yellow taxicabs to accept credit cards from passengers, but some drivers are balking, because of concern over processing fees and the prospect of smaller tips...
New York Times - December 14, 2007
Bits: Why Amazon Should Buy eBay
Now that Amazon?s market value is nearly the same as eBay?s, it could buy the online auction site. That could help improve Amazon?s finances and eBay?s customer satisfaction...
New York Times - December 14, 2007
Senate Passes $696 Billion Defense Policy Bill
The Senate passed a defense policy bill that would offer more help to troops returning from combat and set conditions on contractors and pricey weapons programs...
New York Times - December 14, 2007
Mukasey Rejects Demand for Information
The attorney general rejected Congressional demands for information about the investigation into the C.I.A.?s destruction of videotapes showing interrogations...
New York Times - December 14, 2007
Player Cooperated, and His Name Was Left Out of Report
One unidentified active baseball player who cooperated with George J. Mitchell was able to keep his name out of the report...
New York Times - December 14, 2007
Senate Passes Bill Aimed at Preventing Foreclosures
The bill would allow the Federal Housing Administration to back refinanced loans for tens of thousands of borrowers who are delinquent on mortgage payments...
New York Times - December 14, 2007
F.T.C. Head Will Vote on Google Deal
Deborah Platt Majoras said she won?t remove herself from an antitrust review of Google?s purchase of DoubleClick, rebuffing requests from privacy groups opposed to the transaction...
New York Times - December 14, 2007
Market Falls Sharply on Inflation Concerns
Stocks tumbled after a surge in consumer prices stirred investor concerns that the Fed may back off from rate cuts, compounding the outlook for the economy and corporate profits...
New York Times - December 14, 2007
Guilty pleas in US terrorism case
Two members of a radical Islamic group accused of planning attacks in California plead guilty to terrorism charges...
BBC News - December 14, 2007
US 'serial killer' gets 438 years
A US court sentences a suspected serial killer to 438 years in jail for sexual assaults against two sisters...
BBC News - December 14, 2007
Britain Overtakes U.S. as Top World Bank Donor
The change was significant, given America?s traditional influence over the presidency and policies of the bank...
New York Times - December 14, 2007
The Lede Blog: The Lede
Should the Yankees be stripped of the Subway Series title?...
New York Times - December 14, 2007
Commissioner Vows to Act Swiftly on Mitchell Report
Bud Selig said he wanted to go beyond the Mitchell report?s disciplinary recommendations...
New York Times - December 14, 2007
Bats Blog: Bats
What the players and owners need to do now...
New York Times - December 14, 2007
Market Falls on Inflation Concerns
Stocks fell after a higher-than-expected consumer prices report raised concern that simmering inflation may hamper further interest rate cuts by the Federal Reserve...
New York Times - December 14, 2007
Consumer Prices Rise 0.8% in November
The pick-up in prices will complicate efforts by the Fed as it tries to stave off a slowdown in economic growth...
New York Times - December 14, 2007
US prices jump most in two years
US prices saw their biggest rise in two years in November, boosted by energy costs, official figures show...
BBC News - December 14, 2007
Escaping El Salvador's sex trade
The BBC's Linda Pressly hears the story of one woman who fled the traffickers who had duped her into life as a sex slave in El Salvador...
BBC News - December 14, 2007
Will Bolivia's splits widen in 2008?
A proposed new constitution has deepened the splits in Bolivian society, signalling that 2008 will be a testing time for the nation and its president, Evo Morales...
BBC News - December 14, 2007
NFL: Texans' play-offs hopes alive
Stand-in quarterback Sage Rosenfels runs for one touchdown and throws for another as Houston beat Denver 31-13...
BBC News - December 14, 2007
N Korea replies to Bush's letter
North Korea replies to President Bush's letter to Kim Jong-il, vowing to honour its pledge on a nuclear deal...
BBC News - December 14, 2007
US House rejects water-boarding
The House of Representatives backs a bill which would ban the use of harsh interrogation techniques by the CIA...
BBC News - December 14, 2007
US winter storm heads north-east
A severe winter storm that has covered central US states in ice dumps snow over north-eastern areas...
BBC News - December 14, 2007
Argentine cyanide family arrested
The wife and adult children of an Argentine officer convicted of rights abuses are held after his death by cyanide...
BBC News - December 14, 2007
Bolivian regions in autonomy push
Bolivia's wealthiest region moves to declare autonomy from the centre in protest at a planned new constitution...
BBC News - December 14, 2007
Climate Talks Near Compromise
BALI, Indonesia (AP) -- The U.S. and Europe headed toward a compromise solution Friday at the U.N. climate conference, breaking a deadlock over how ambitious the goal should be in negotiating future cutbacks in global warming gases, the German environment minister said...
New York Times - December 14, 2007
Steroid Report Cites ?Collective Failure?
Dozens of baseball stars, including seven M.V.P.?s, were named in a report on the use of illegal, performance-enhancing drugs during the sport?s ?steroids era.?...
New York Times - December 14, 2007
US marine guilty of Iraq killing
A US marine is convicted of killing an Iraqi soldier he was on patrol with in the Iraqi city of Falluja...
BBC News - December 14, 2007
US Senate backs car fuel bill
An energy bill requiring greater fuel efficiency in US cars and trucks has been passed by the Senate...
BBC News - December 14, 2007
US Iraq fraud office investigated
The US agency monitoring the multi-billion dollar reconstruction of Iraq is being probed by the FBI, reports say...
BBC News - December 14, 2007
US House limits CIA interrogation
The US House of Representatives backs a bill which would ban the use of harsh interrogation techniques by the CIA...
BBC News - December 14, 2007
Floyd Norris Blog: Can Things Get Worse?
Since the subprime crisis erupted, the repeated hope has been that it would get no worse, and spread no further. Three things I read this week ? two essays and a report from the European Central Bank ? help us to understand how we got into this mess, and why it could get worse. The [...]...
New York Times - December 14, 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 14, 2007
?Atonement? Leads Field of Golden Globe Nominees
The love-and-war drama ?Atonement? got seven nominations, and Denzel Washington also had a big day...
New York Times - December 14, 2007
TV Decoder Blog: Writers Guild Files Labor Complaint
"Union officials representing striking Hollywood writers said Thursday they have filed an unfair labor practices complaint claiming studios violated federal law by breaking off negotiations," the Associated Press reports: The guild said in its statement that it was "a clear violation of federal law for the AMPTP to issue an ultimatum and break off negotiations if [...]...
New York Times - December 14, 2007
U.S. Falters in Terror Case Against 7 in Miami
One of seven indigent men charged with plotting to blow up the Sears Tower in Chicago as part of an Islamic jihad was acquitted on Thursday, and a mistrial was declared in the prosecution of the six others...
New York Times - December 14, 2007
Senate Passes Weaker Energy Bill
The oil industry and utilities succeeded in stripping out provisions that would have cost them billions of dollars...
New York Times - December 14, 2007
With Contract in Hand, Rodriguez Knocks Boras
Alex Rodriguez signed with the Yankees on Thursday, and said negotiations turned into a ?huge debacle? when his agent claimed the team had no interest in re-signing him...
New York Times - December 14, 2007
Democrats Soften Tone for Final Debate in Iowa
In a sharp departure from past debates, not one of the six Democratic candidates attacked another one by name...
New York Times - December 14, 2007
Money Rubs Off for City Aides Close to Mayor
Mayor Michael R. Bloomberg has doled out pay increases to those who work for him, despite a hiring freeze...
New York Times - December 14, 2007
Arizona Is Split Over Hard Line on Immigrants
Arizona?s law to address illegal immigration could test states? ability to crack down on the countless businesses that have relied on illegal workers...
New York Times - December 14, 2007
The Long Run: Biden Campaigning With Ease After Hardships
Past personal and political catastrophe has become part of the narrative of Senator Joseph R. Biden Jr.?s campaign...
New York Times - December 14, 2007
Critics Say Labor Board Favors Business
Senate and House Democrats attacked the Republican-led National Labor Relations Board at a Congressional hearing on Thursday, saying its recent decisions had favored employers over workers...
New York Times - December 14, 2007
Times Co. Promotes Two Executives
The New York Times Company announced the promotion of two executives on Thursday...
New York Times - December 14, 2007
National Briefing | New England: Rhode Island: Insurer to Pay Millions
Blue Cross and Blue Shield of Rhode Island will pay $20 million but avoid criminal charges after a federal investigation into improper lobbying of state legislators by its executives...
New York Times - December 14, 2007
Discovery Holding to Become Public in 2008 Offering
The owners of Discovery Communications, Advance/Newhouse and Discovery Holding, have agreed in principle to combine their stakes and turn the company, an operator of cable TV channels, into an independent, publicly traded company...
New York Times - December 14, 2007
Dow Chemical Gets Kuwaiti Partner
Dow Chemical plans to sell a 50 percent interest in five of its global businesses to a Kuwaiti company for about $9.5 billion to form a joint petrochemicals venture...
New York Times - December 14, 2007
Boston Scientific Sells 2 Businesses
The Boston Scientific Corporation, the maker of medical devices, said on Thursday that it had agreed to sell its fluid management and venous access businesses for $425 million to the private equity firm Avista Capital Partners...
New York Times - December 14, 2007
No Delay on F.C.C. Vote
The Federal Communications Commission chairman, Kevin J. Martin, has rejected a senator?s request to delay a vote on a change in media-ownership rules...
New York Times - December 14, 2007
Investors Shrug Off Global Cash Injection
Market euphoria over trans-Atlantic action by central banks to fix the global credit crisis wore off quickly Thursday, with investors saying they expect the injection of cash to do little to solve long-term problems...
New York Times - December 14, 2007
Shares Close Mixed on Inflation Concern
Prices at the wholesale level rose 3.2 percent in November, the biggest increase in 34 years, after a steep increase in wholesale gasoline prices...
New York Times - December 14, 2007
Web Browser in Windows Is at Center of Complaint
Less than three months after Microsoft lost a landmark antitrust case in Europe, a Norwegian software company filed a new complaint Thursday, challenging the software giant?s bundling of its Web browser with its Windows operating system...
New York Times - December 14, 2007
Confidence Falls Among Japan?s Manufacturers
Confidence in business conditions at major Japanese companies fell from three months ago dampening expectations of an interest rate increase and clouding the outlook for the world?s No. 2 economy...
New York Times - December 14, 2007
2 Big Manufacturers Upbeat on Next Year
Two big manufacturers said Thursday that they expected stronger growth next year despite the slowing economy...
New York Times - December 14, 2007
Lawmakers Seek Inquiry on F.D.A. Rejection of Cancer Drug
Lawmakers called for hearings to investigate the rejection of the Dendreon Corporation?s experimental prostate cancer drug...
New York Times - December 14, 2007
High & Low Finance: A Worrisome New Wrinkle in Bailouts
Government cash these days is all the rage on Wall Street, where investment banks long to profit from what they call ?sovereign wealth funds.?...
New York Times - December 14, 2007
Advertising: Campaign on Childhood Mental Illness Succeeds at Being Provocative
A provocative public service campaign on children?s psychiatric disorders has raised hackles as much as awareness...
New York Times - December 14, 2007
U.S.-China Trade Talks Conclude With Modest Deals and Mutual Wariness
The United States and China ended three days of intense economic talks with accords on food safety, energy and environmental cooperation, but with only modest progress in opening Chinese financial markets...
New York Times - December 14, 2007
F.D.A. Panel Rejects Over-the-Counter Cholesterol Drug
Government advisers rejected Merck?s bid for over-the-counter sales of a cholesterol-lowering drug, saying that too many people would mistakenly use the drug if it no longer required a prescription...
New York Times - December 14, 2007
Lehman?s Earnings Fall 12% in a Season That Could Have Been Worse
Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, nonetheless exceeded analysts? diminished expectations...
New York Times - December 14, 2007
Site That Tracks Brokers Questioned on Erased Cases
A free online service allows investors to check up on brokers to see if they have had run-ins with regulators or clients. But hundreds of complaints are erased each year...
New York Times - December 14, 2007
Directors Offer Talks, Compounding Writers? Plight
Movie and television directors said Thursday that they were prepared to begin bargaining toward a new contract with production companies after the New Year holiday...
New York Times - December 14, 2007
News Corp. Completes Takeover of Dow Jones
Shareholders of Dow Jones & Company gave their blessing to a takeover by Rupert Murdoch?s global media empire, the News Corporation...
New York Times - December 14, 2007
Singapore Airlines Denies It Bid for Alitalia
Alitalia said it had received an 11th-hour approach from a group that included Singapore Airlines ? a claim that the Asian carrier swiftly and categorically denied...
New York Times - December 14, 2007
JetBlue Sells Stake to Lufthansa for $300 Million
Lufthansa?s investment in JetBlue, the struggling discount carrier, is the latest example of a foreign company?s taking advantage of the weak dollar to invest in a prominent American company...
New York Times - December 14, 2007
A Year Later, the Same Scene: Long Lines for the Elusive Wii
Nintendo has been unable to keep up with demand for the Wii, its intensely popular video game machine, costing the company hundreds of millions of dollars in potential sales...
New York Times - December 14, 2007
Economy Holding Up, Reports Find
Government reports released Thursday showed surprising resilience in the broader economy, even as the financial system and the housing market continue to weaken...
New York Times - December 14, 2007
Age of Riches: A New Breed of Billionaire
The global wealth boom has created a new breed of billionaire in once-destitute countries, and a number of them are using their wealth to push for social changes...
New York Times - December 14, 2007
Big Rescue of Funds by Citigroup
Citigroup moved on Thursday to rescue seven affiliated investment funds that have been upended by the running crisis in housing-related debt...
New York Times - December 14, 2007
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