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US News Archive for June 2005:
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Aruba beach area searched
An area near an Aruba beachfront hotel was cordoned off by police and apparently being searched Tuesday, more than two weeks after an Alabama teenager disappeared. Meanwhile, the mother of 18-year-old Natalee Holloway told CNN Tuesday she believes the investigation into her daughter's disappearance was "proceeding forward."...
CNN - June 14, 2005
Helicopter Crashes Into East River; Passengers Are Rescued
None of the seven people onboard were seriously injured when the helicopter crashed off Lower Manhattan shortly after takeoff...
New York Times - June 14, 2005
Phil Jackson and Lakers to Reunite 361 Days After Break-up
A multiyear contract completed the most unlikely, unexpected and dizzying one-year turnabout in recent memory...
New York Times - June 14, 2005
NBA: Lakers turn to Phil Jackson
Legendary coach Phil Jackson is re-signed by the Los Angeles Lakers...
BBC News - June 14, 2005
Brazil sees rally as scandal dims
Brazilian markets rebound after the politician at the centre of a corruption scandal fails to provide evidence to back up his claims...
BBC News - June 14, 2005
Rumsfeld points to image problem
US Defense Secretary Donald Rumsfeld tells the BBC his country should communicate better with the rest of the world...
BBC News - June 14, 2005
Sick bat bites kill 11 Brazilians
Nine children and two adults have died in northern Brazil after being bitten by bats with rabies, local officials say...
BBC News - June 14, 2005
Attorney: Jackson will be more careful
Michael Jackson's lead defense attorney said today he believes his client's behavior will change now that Jackson has been acquitted of charges including child molestation. "He takes people in and does nice things for them, and they suddenly decide they want to get rich off of Michael Jackson, and that has to change," attorney Thomas Mesereau Jr. said...
CNN - June 14, 2005
Attorney: Jackson will be more careful
Michael Jackson's lead defense attorney said Tuesday that he believes his client's behavior will change now that Jackson has been acquitted of charges including child molestation...
CNN - June 14, 2005
24 killed in Iraq attacks
Attacks in the oil-rich northern city of Kirkuk and in the Sunni Muslim heartland kill at least 24 people and wounded scores more in Iraq, authorities say. In other violence, two American soldiers were killed Monday in combat near Ramadi, west of Baghdad, the U.S. military says...
CNN - June 14, 2005
Michael Jackson Faces Daunting Road Back to Pop Glory
Michael Jackson remains a worldwide star, but even people close to him do not seem to know exactly what he would do next...
New York Times - June 14, 2005
US retail sales show big slowdown
US retail sales declined 0.5% in May, a larger-than-expected fall and the biggest drop in almost a year...
BBC News - June 14, 2005
NBA: Brown confident for Pistons
Coach Larry Brown believes Detroit can dig themselves out of a 0-2 hole against San Antonio in the NBA Finals...
BBC News - June 14, 2005
Baseball: Boston beat Cincinnati
Boston win their first meeting against Cincinnati since the 1975 World Series...
BBC News - June 14, 2005
UN warns of Bolivian coca danger
Bolivia needs urgent international support to control production of the main ingredient of cocaine, the UN warns...
BBC News - June 14, 2005
Quake curtails Chile leader trip
Chilean President Ricardo Lagos cuts short an overseas trip after a powerful quake kills eight...
BBC News - June 14, 2005
Jackson jurors: Evidence 'wasn't there'
A stoic Michael Jackson walked out of court acquitted by jurors who said they didn't have enough evidence to convict him of molestation charges that could have sent him to prison for years...
CNN - June 14, 2005
Kirkuk bomber kills 19
A suicide bomber wearing an explosives belt detonated himself Tuesday in a busy market in the center of the northern Iraqi city of Kirkuk, killing at least 19 people and wounding 89 others, an Iraqi army official said...
CNN - June 14, 2005
Suicide Attack Kills at Least 20 Outside Iraqi Bank
A suicide bomber blew himself up in a crowd of civilians gathered outside a bank in Kirkuk, killing at least 20 people and injuring 60 others...
New York Times - June 14, 2005
Iran's Giant Question Mark: To Vote or Not?
The reformist camp finds itself facing a fork in the road: to vote or to boycott the ballot...
New York Times - June 14, 2005
Northwest Airline shares 12% down
Northwest Airline's shares drop 12% on fears the troubled US carrier may have to file for bankruptcy protection...
BBC News - June 14, 2005
Jackson jurors: Evidence 'just wasn't there'
A stoic Michael Jackson is back home at his Neverland Ranch, acquitted by jurors who said they didn't have enough evidence to convict him of molestation charges. Jurors also said the accuser's mother hurt her son's case...
CNN - June 14, 2005
Inquiry Finds a Weakness in Terror Watch List
The Justice Department's inspector general offered a mixed assessment of a system created by the White House two years ago to compile a master list of terror suspects...
New York Times - June 14, 2005
Michael Jackson Cleared After 14-Week Child Molesting Trial
A jury found Michael Jackson not guilty of child molesting, attempted child molesting, conspiracy and providing alcohol to minors...
New York Times - June 14, 2005
Will Israeli Settlements Serve Them, Gazan Refugees Ask
Israel is to withdraw from Gaza in two months, but some Palestinians worry about the prospect of chaos...
New York Times - June 14, 2005
The Mayor's Olympic Afterthought, Queens Just Sighs
After Mayor Michael R. Bloomberg chose Queens as an Olympics fallback site, few in the Borough of Fallbacks were shocked...
New York Times - June 14, 2005
Next Generation of Conservatives (By the Dormful)
The summer interns of the Heritage Foundation have arrived, forming an elite corps inside the capital's premier conservative research group...
New York Times - June 14, 2005
On Board the Message Board
Blogs may be grabbing all the media headlines, but online travel communities are wielding a different kind of influence in the corporate airline world...
New York Times - June 14, 2005
News Corp. Buys Shares
The News Corporation, the movie studio and television conglomerate, plans to buy back up to $3 billion of its stock, responding to calls from shareholders...
New York Times - June 14, 2005
Firm Is Accused of Aiding Violations of Short Sale Rules
A stock market regulator said yesterday that a small Pennsylvania firm helped a hedge fund manager evade short sale rules for a decade, enabling the hedge fund to make large profits...
New York Times - June 14, 2005
Wanted: Deft Turnaround Artist
Morgan Stanley's board had been contemplating a successor for Philip J. Purcell for several weeks. Now it actually has a job to fill...
New York Times - June 14, 2005
Hertz Is Planning a Public Offering
By Bloomberg News...
New York Times - June 14, 2005
A Fee Even the Card Issuers Cannot Explain
Many - if not all - of the surcharges that credit card companies place on international transactions are unjustified. Credit card companies beg to differ, of course...
New York Times - June 14, 2005
Early Gains in Shares Fade as Crude Oil Prices Surge
By Reuters...
New York Times - June 14, 2005
Again, Tooting Horns on Madison Ave.
The organizers of last fall's Advertising Week, a promotion that included parades and networking events, say the business still does not do enough to promote itself...
New York Times - June 14, 2005
Airline Numbers Adding Up to Crowded Summer Flights
I NORMALLY wouldn't toss a bunch of numbers at you, but here are some crucial ones that you might want to consider as you plan business travel this summer, when demand - driven partly by continuing low fares - is expected to surge to the highest levels ever...
New York Times - June 14, 2005
Chief Will Leave Morgan Stanley, Ending Struggle
Philip J. Purcell, the chief executive of Morgan Stanley, said he would retire as soon as his successor was named...
New York Times - June 14, 2005
Former Chairman of South Korean Group Returns Home to Arrest
One of South Korea's most wanted fugitives, the former chairman of the collapsed conglomerate Daewoo Group, returned home Tuesday and was arrested...
New York Times - June 14, 2005
Warner Music Narrows Quarterly Loss
The Warner Music Group said that a weak dollar and improved sales of digital music helped narrow its second-quarter loss...
New York Times - June 14, 2005
Strong Demand Limits OPEC's Leeway
OPEC representatives said they were prepared to lift their oil production ceiling but emphasized that strong oil demand limited their ability to influence markets...
New York Times - June 14, 2005
Trial of Heart-Valve Procedure Is Halted
Edwards Lifesciences said yesterday that it had suspended a clinical trial of a method of replacing failing aortic heart valves without open heart surgery because "more than one" of the 10 patients in the trial died and others experienced serious complications...
New York Times - June 14, 2005
US Weekly Will Ban Photos Taken in Reckless Manner
US Weekly, one of the largest markets for celebrity photographs, said that it would tighten policies with a formal ban on any pictures taken through "reckless" means...
New York Times - June 14, 2005
Independence for PC Unit at Hewlett
The Hewlett-Packard Company tapped the former chief executive of PalmOne Inc. to run its personal computer division, re-establishing that business as a stand-alone unit...
New York Times - June 14, 2005
Airbus Chief Says Order Ensures Jet Will Be Built
Qatar Airways will buy 60 Airbus A350 long-range jets, a number that the chief executive of Airbus said was enough to ensure that the plane would be built...
New York Times - June 14, 2005
Monster Founder Leaving
Monster Worldwide, which operates the most-used Web site for employment advertising, said that its founder was leaving to start a new venture...
New York Times - June 14, 2005
Krispy Kreme Delays Quarterly Report
WASHINGTON, June 13 (Dow Jones) - Krispy Kreme Doughnuts said Monday that it would not file its quarterly report on time with the Securities and Exchange Commission. It also said that it expected to post a 17 percent decline in first-quarter revenue and an overall net loss for the period...
New York Times - June 14, 2005
Supreme Court Won't Hear Pleas to Restore Media Ownership Rules
The Supreme Court turned away several appeals from broadcast and newspaper groups that sought to restore new government rules easing restrictions on media ownership...
New York Times - June 14, 2005
Air Fare Follies
AIR FARE FOLLIES The $499 limit on one-way walk-up coach fares adopted by major airlines in January has come under attack, but after four days of thrusts and feints by major airlines, it was still standing yesterday. Last Thursday night, four of the six major carriers, led by Northwest, raised those fares by $50, but retreated when it became clear over the weekend that two carriers, Delta and American, were not participating. By yesterday, the last holdouts, Northwest and Continental, had withdrawn their increases on the fares, which are typically used by business travelers making last-minute plans. In addition, airlines that late last week increased less-expensive advance-purchase fares by $5 to $10 each way dropped those increases over the weekend, said Terry Trippler, the airline analyst at Cheatseats.com...
New York Times - June 14, 2005
A Strategist Who Struggled as a Manager
He was a management consultant who viewed himself as a great strategist. He engineered a merger that propelled his second-tier securities firm to the top and then outmaneuvered rivals to stay on top of the firm for eight years. But in the end, it is an inability to manage the firm well that is bringing Philip J. Purcell's career at Morgan Stanley to an ignominious close...
New York Times - June 14, 2005
Sony BMG Tries to Limit Copying of Latest CD's
The world's second-biggest music corporation is rolling out its latest answer to digital piracy by outfitting its CD's with software that restricts copying...
New York Times - June 14, 2005
Flawed Implants: Disclosure and Delay
Even as sales of heart devices soar, uniform standards do not exist among manufacturers about when to notify doctors and patients when the devices have flaws...
New York Times - June 14, 2005
W.T.O. Talks Moving Slowly, Chief Says
Negotiations aimed at producing a new global trade pact are moving very slowly on trade in services, but a deal remains possible...
New York Times - June 14, 2005
Reinventing a 335-Year Tradition
Many shareholders of the Hudson's Bay Company are less concerned with the retailer's long and storied past than with what the future holds...
New York Times - June 14, 2005
I.B.M. Expands Efforts to Promote Radio Tags to Track Goods
I.B.M. Global Services plans to announce that it will begin selling advice on consumer privacy issues related to the use of radio identification tagging of consumer goods...
New York Times - June 14, 2005
Illegal Rice Found Again in China's Food Supply
Genetically altered rice, which is not approved for human consumption anywhere in the world, has been found again in China's food supply...
New York Times - June 14, 2005
Brief Scare for Investors in Clinical Laboratories
Was it merely a passing cloud? Investors were briefly nervous a week ago Monday when Quest Diagnostics, the largest medical-testing company, disclosed that it had received subpoenas from the Justice Department about its contracts with the federal government and other leading customers from 1993 to 1999...
New York Times - June 14, 2005
Times Company Names 2 Advertising Executives
The New York Times Company named two advertising executives to newly created positions intended to help sell ads across the company's properties...
New York Times - June 14, 2005
Large U.S. Order for Taser
By Bloomberg News...
New York Times - June 14, 2005
Morgan Stanley's Choices: New Direction or Better Execution?
Directors must now decide if the problem at Morgan Stanley was Philip J. Purcell, who will be leaving the company, or his strategy...
New York Times - June 14, 2005
Justices Expand Rights to Experiment With Patented Drugs
The Supreme Court gave pharmaceutical companies broad latitude to study and experiment with drugs covered by other companies' patents...
New York Times - June 14, 2005
Football: Ref extended 1970 epic
England's defeat by Brazil at the 1970 World Cup continued beyond the final whistle, according to the referee...
BBC News - June 14, 2005
Jackson accusers profiled
The credibility of 15-year-old Gavin Arvizo and his mother Janet was key to the unsuccessful case against Michael Jackson...
BBC News - June 14, 2005
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