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US News Archive for November 2007:
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City Room: Arm Wrestlers at the Port Authority
Contestants pull, wrist-curl, top-roll and hook their way to top honors during an arm-wrestling tournament...
New York Times - November 15, 2007
Well: Old Age Is Harder for the Overweight
A new study indicates that old age is a particularly treacherous time for the obese...
New York Times - November 15, 2007
Port Authority Raising Tolls and PATH Fares
The toll and fare increases will be used to help finance bonds for the construction of a second passenger rail tunnel under the Hudson River to Pennsylvania Station...
New York Times - November 15, 2007
Yankees May Pay Rodriguez for Home Run Record
Alex Rodriguez is close to a deal that could pay him at least $300 million if he sets the career home run record...
New York Times - November 15, 2007
High Court Blocks Florida Execution
The ruling was the fifth time in two months that the nation?s highest court has issued or upheld a stay of execution...
New York Times - November 15, 2007
Barry Bonds Is Indicted for Perjury Tied to Drug Case
Barry Bonds was indicted today on four counts of perjury in connection with his testimony about his use of performance-enhancing drugs, his lawyer said...
New York Times - November 15, 2007
McCain Argues Against Torture, Meeting Doubts and Sympathy
Many Republican voters disagree with Senator John McCain on torture, but they are often captivated by his discussion of the issue, in some cases even moved to tears...
New York Times - November 15, 2007
High & Low Finance: As Bank Profits Grew, Warning Signs Went Unheeded
There were signs that banks were either lying about their results or were taking large risks that were not fully disclosed, but investors were oblivious...
New York Times - November 15, 2007
Gap Campaigns Against Child Labor
After a damaging child-labor scandal in India, Gap made efforts to rebuild its reputation by taking measures to prevent the use of children in the making of its goods...
New York Times - November 15, 2007
German Rail Strike Disrupts Travel and Freight
Hundreds of thousands of passengers were stranded, in what has become the largest work stoppage in the history of the German state railway system...
New York Times - November 15, 2007
Starbucks Shares Plunge on Drop in Customer Visits
Starbucks shares tumbled nearly 9 percent after the coffee chain said the number of customer visits to its established U.S. stores fell for the first quarter in its history...
New York Times - November 15, 2007
Stocks Fall on Concern Over Consumer Spending
Stocks fell sharply today as investors grappled with concerns about consumer spending and the overall economy after downbeat comments from J.C. Penney and Wells Fargo...
New York Times - November 15, 2007
S.E.C. Takes Step Toward Global Accounting Rules
The S.E.C. decided that companies outside the United States will no longer need to adjust their financial statements to comply with U.S. accounting rules...
New York Times - November 15, 2007
Bush Unveils Plan to Ease Holiday Air Delays
Airlines will make fuller use of military airspace during Thanksgiving under a plan announced today by President Bush...
New York Times - November 15, 2007
Court Voids Mileage Standards for Light Trucks
A federal appeals court today said the fuel economy standards didn?t properly assess environmental risk...
New York Times - November 15, 2007
Bitter 2008 brewing for Starbucks
US coffee giant Starbucks has warned of a tough 2008 as hard-up US consumers buy fewer lattes...
BBC News - November 15, 2007
Stocks slide in jittery trading
Stocks fall in choppy trading on fears about health of US housing market and consumer spending...
BBC News - November 15, 2007
Romania denies CIA bases claim
A letter to the European Commission says Romania didn't have any secret CIA prisons...
BBC News - November 15, 2007
US deserters lose asylum bid
The Canadian Supreme Court refuses to hear the asylum case of two deserters from the US army...
BBC News - November 15, 2007
US planes to use military space
US military airspace will be temporarily cleared for use by commercial planes during the holiday season...
BBC News - November 15, 2007
US urges more sanctions on Iran
The US vows to press for further UN sanctions against Iran, following a new report on Tehran's nuclear activities...
BBC News - November 15, 2007
Baseball star Barry Bonds charged
A US federal grand jury charges baseball home run king Barry Bonds with perjury over a steroids inquiry...
BBC News - November 15, 2007
Goal Blog: Vote for the M.L.S. M.V.P
Juan Pablo Ángel of the New York Red Bulls, Cuauhtémoc Blanco of the Chicago Fire or Luciano Emilio of D.C. United will be named M.L.S. most valuable player Thursday. Who would you choose?...
New York Times - November 15, 2007
Dot Earth Blog: SimCity and Climate Change
The new SimCity game could have a broad impact on the American public, because it forces players to make choices and to see that long-term changes require an investment now...
New York Times - November 15, 2007
City Room: Rape Victim and Oprah, at Odds
Trisha Meili, who was raped and beaten in Central Park in 1989, says she is angry about being asked by Oprah Winfrey in 2002 why she would jog alone at night in the park...
New York Times - November 15, 2007
The Lede Blog: The Lede: New Iran Nuclear Report From U.N.
The International Atomic Energy Agency, the United Nations agency responsible for monitoring nuclear activities around the world, is just out with a new report on Iran, focusing on whether the country is living up to its agreements and complying with Security Council resolutions. New York Times reporters and editors are combing the document and will be [...]...
New York Times - November 15, 2007
A Dinosaur That Grazed Like a Cow
Researchers report today that the dinosaur, named Nigersaurus taqueti, probably lived on ferns, horsetails and other ground vegetation...
New York Times - November 15, 2007
Appeals Court Allows Fla. Execution
A federal appeals court ruled that the execution of a child killer can proceed Thursday, leaving the case in the hands of the U.S. Supreme Court...
New York Times - November 15, 2007
Bush Sets Plan to Ease Holiday Air Delays
Airlines will make fuller use of military airspace during Thanksgiving, under a plan to be announced today by President Bush...
New York Times - November 15, 2007
J.C. Penney Cuts Forecast as Profit Drops
The company reported a 9 percent drop in third-quarter profit today, saying sales weakened ?dramatically? in September and October, and it slashed its fourth-quarter forecast...
New York Times - November 15, 2007
Kraft to Shed Post Cereals Unit
The private-label cereal maker Ralcorp Holdings said today it will purchase Kraft Foods? Post cereals in a deal worth about $2.6 billion...
New York Times - November 15, 2007
Gap Campaigns Against Child Labor
After a damaging child-labor scandal in India, Gap announced measures aimed at eradicating the exploitation of children in the manufacture of its goods...
New York Times - November 15, 2007
Stocks Fall on Concerns About Consumer Spending
Wall Street fell in early trading on investor concern after the Labor Department reported an uptick in consumer prices...
New York Times - November 15, 2007
Oil Drops on Surprise Inventory Jump
Energy futures fell sharply today after the government reported unexpected increases in crude oil and gasoline inventories last week and OPEC forecast less-than-expected demand...
New York Times - November 15, 2007
Ford to Offer Buyouts and Scrap Plan for Plant
The automaker said it would offer more buyouts to unionized workers and that it had canceled plans to build a low-cost assembly plant in North America...
New York Times - November 15, 2007
Barclays to Make $2.7 Billion Write-Down
The write-down on securities related to the U.S. subprime mortgage market was lower than expected, calming investors who had recently sold shares of the bank...
New York Times - November 15, 2007
Inflation Was Tame in October
Consumer prices grew 0.3 percent last month, holding steady from September, despite high oil prices and a record low dollar, a government report showed today...
New York Times - November 15, 2007
Argentina bank head joins cabinet
Argentina's President-elect Cristina Kirchner names the head of a key state-owned bank as economy minister, in her cabinet...
BBC News - November 15, 2007
US inflation fears knock stocks
US consumer prices rose in October, official data shows, sending stock prices lower...
BBC News - November 15, 2007
Rodriguez may return to Yankees
Baseball superstar Alex Rodriguez contacts the New York Yankees about a possible quick return to the club...
BBC News - November 15, 2007
Delay to Florida lethal injection
A Florida execution is delayed because of a Supreme Court legal challenge to the use of lethal injection...
BBC News - November 15, 2007
Vietnam War Novel Wins National Book Award
?Tree of Smoke,? a novel by Denis Johnson about the Vietnam War that features stories of American and Vietnamese soldiers, won the National Book Award for fiction...
New York Times - November 15, 2007
Scientists Use Monkey Clones to Extract Stem Cells
As a result of the work in monkeys, some researchers say, cloned human embryonic stem cells seem more feasible...
New York Times - November 15, 2007
Shares of Hedge Fund Fall 4.2%
The shares of the hedge fund Och-Ziff Capital Management Group fell 4.2 percent during its first day as a public company...
New York Times - November 15, 2007
Amaranth, a Collapsed Hedge Fund, Sues JPMorgan Chase
Amaranth has sued JPMorgan Chase for at least $1 billion, accusing the bank of fraudulently taking advantage of the firm during its crisis in September 2006...
New York Times - November 15, 2007
VeriSign Will Shed Some Units
VeriSign, which makes switchboards that direct Internet traffic, plans to divest itself of several businesses and focus on its Web site naming and Internet security services...
New York Times - November 15, 2007
Backer of Digital Trades Rises to Lead Exchange
Duncan L. Niederauer was appointed to succeed John A. Thain at the New York Stock Exchange...
New York Times - November 15, 2007
New Share Buyback
American International Group, the giant insurance company, said Wednesday that it had approved the repurchase of an additional $8 billion in stock...
New York Times - November 15, 2007
CNN Plans Expansion Overseas
CNN Worldwide plans to increase its staff of correspondents by 10 percent as part of a major effort to increase its ability to produce its own reports...
New York Times - November 15, 2007
Macy?s Reports a Profit, but Shares Fall on Forecast
Macy?s C.E.O., Terry J. Lundgren, called the current market ?a challenging economic environment.?...
New York Times - November 15, 2007
Retail Sales Slip, Signaling Cutback in Holiday Spending
Spending is slowing ? but so is inflation, offering the Federal Reserve more room to stimulate the economy by lowering interest rates next month, if it wants...
New York Times - November 15, 2007
Cerberus Backs Out of Agreement to Buy United Rentals
United Rentals, the rental equipment company, said that Cerberus Capital Management had backed out of its planned $4 billion purchase of the company...
New York Times - November 15, 2007
Broker Is Expected to Plead Guilty
A former broker at Bear Stearns, Ken Okada, is expected to plead guilty in a wide-ranging insider-trading case...
New York Times - November 15, 2007
HSBC Takes $3.4 Billion Charge
HSBC said it would set aside $3.4 billion to cover bad loans, while Bear Stearns will take a $1.2 billion write-down on its exposure to subprime mortgages...
New York Times - November 15, 2007
With Eye on ?08, House Takes on Mortgage Rules
Democrats and Republican lawmakers are looking for ways to lend aid to homeowners threatened with foreclosure. The House will take up new regulations this week...
New York Times - November 15, 2007
Day After a Rally, Uncertainty Returns
Stocks fell after an effort to extend the previous session?s huge rally faltered in the face of persistent concerns about the housing downturn and credit squeeze...
New York Times - November 15, 2007
Leaders of Two Striking Entertainment Unions Clash
Leaders of the International Alliance of Theatrical Stage Employes and the Writers Guild of America West traded strong words over the mounting costs of their strikes...
New York Times - November 15, 2007
Dell Buoys a Rival by Offering Sun?s Operating System
Dell said it would sell Sun?s Solaris operating system, giving Sun a lift as it tries to expand its software business...
New York Times - November 15, 2007
I.B.M. to Push ?Cloud Computing,? Using Data From Afar
It seems that I.B.M. is trying to position itself as a leader in the corporate market for cloud computing, which many regard as the next evolutionary step in information technology...
New York Times - November 15, 2007
Advertising: Sending a Scent by Snail Mail
The Royal Mail, the British postal service, which has been hit hard by the effects of the Internet, is trying to stimulate business by appealing to the senses...
New York Times - November 15, 2007
Entrepreneurial Edge: U.S. Working to Develop and Launch Cheaper Satellites
Both giant aerospace corporations and small, entrepreneurial companies are advancing new space efforts...
New York Times - November 15, 2007
Ford Workers Approve a Four-Year Contract
Over all, 79 percent of union members approved the agreement, which is similar to contracts reached at General Motors and Chrysler...
New York Times - November 15, 2007
Buffett Says No Estate Tax Would Be a Gift to the Rich
Warren E. Buffett told Congress that plans to repeal the estate tax would benefit a handful of the richest American families and widen income disparity in the United States...
New York Times - November 15, 2007
Foreclosures Hit a Snag for Lenders
A federal judge in Ohio has ruled against a longstanding foreclosure practice, potentially creating an obstacle for lenders trying to reclaim properties from troubled borrowers...
New York Times - November 15, 2007
Rumors, Merger Talk and Denial by Airlines
After a letter from a hedge fund stoked rumors that it was in merger talks with UAL, Delta Air Lines denied that any such discussions were taking place...
New York Times - November 15, 2007
The Firm With a Shadow That Extends Far Past Wall St.
For decades, Goldman Sachs has churned out a golden list of corporate executives and statesmen, wealthy financiers and nonprofit managers...
New York Times - November 15, 2007
US shootings trial delay refused
A US judge refuses to postpone the trial of a former Nottinghamshire man charged with killing his wife and baby...
BBC News - November 15, 2007
Broadway strike talks to resume
Striking stagehands and Broadway producers are to resume talks to try and resolve a contract dispute...
BBC News - November 15, 2007
Brazil police killings condemned
A senior UN official harshly criticises police in Brazil for involvement in large numbers of extra-judicial killings...
BBC News - November 15, 2007
Mexican head defends migrants
Mexican President Felipe Calderon urges US presidential hopefuls not to use immigration to score political points...
BBC News - November 15, 2007
Canadian stun gun death on video
A video is released of a Polish immigrant's death after he was stun gunned by police at Vancouver airport...
BBC News - November 15, 2007
Bits Blog: Digital Actors in ?Beowulf? Are Just Uncanny
The computer-animated movie...
New York Times - November 15, 2007
The Caucus Blog: Giuliani, Romney and Immigration
An increasingly dominant issue for Republicans...
New York Times - November 15, 2007
Airlines Vow to Do Better
Improvement in airline tracking software could mean fewer stranded travelers and less frequent delays...
New York Times - November 15, 2007
Fed to Share Its Thinking in Its Reports
The Federal Reserve said that it would take some of the mystery out of its decision-making, disclosing far more information about its economic forecasts...
New York Times - November 15, 2007
Architecture: Next to MoMA, Reaching for the Stars
A new 75-story tower designed by the architect Jean Nouvel in Midtown promises to be the most exhilarating addition to New York?s skyline in a generation...
New York Times - November 15, 2007
O.J. Simpson to Go on Trial in Las Vegas
O.J. Simpson will once again face a trial, this time on a dozen charges stemming from a Sept. 13 hotel-room confrontation here that could send him to prison for life...
New York Times - November 15, 2007
In Eco-Friendly Factory, Low-Guilt Potato Chips
Frito-Lay is redesigning a potato-chip factory aiming to reduce the energy it consumes and waste it creates...
New York Times - November 15, 2007
NYSE Chief Is Chosen to Lead Merrill Lynch
John A. Thain, a former co-president of Goldman Sachs, revitalized the stock exchange and took it public...
New York Times - November 15, 2007
Scientists Use Monkey Clones for Stem Cells
The researchers at Oregon Health and Science University say the method should also work in humans...
New York Times - November 15, 2007
Novel About War in Vietnam Wins National Book Award
?Tree of Smoke,? a novel by Denis Johnson about the Vietnam War that features stories of American and Vietnamese soldiers, won the National Book Award for fiction last night...
New York Times - November 15, 2007
The Long Run: In ?60s, Romney, Searching and Earnest, Set His Path
A six-year immersion in the Mormon Church, including a mission in France, set the conservative course Mitt Romney would follow as a businessman and politician...
New York Times - November 15, 2007
Good News: Housing?s Down, Market?s Off, Oil?s Up
Recent economic developments probably will not turn out to be as bad as you think. Some are downright welcome...
New York Times - November 15, 2007
VeriSign Will Shed Some Units
VeriSign, which makes switchboards that direct Internet traffic, plans to divest itself of several businesses and focus on its Web site naming and Internet security services...
New York Times - November 15, 2007
Gerald D. Feldman, Historian of the Nazis and Finances, Dies at 70
Dr. Feldman was part of a team of international historians that found documents proving that Deutsche Bank had financed the building of Auschwitz...
New York Times - November 15, 2007
Shares of Hedge Fund Fall 4.2%
The shares of the hedge fund Och-Ziff Capital Management Group fell 4.2 percent during its first day as a public company...
New York Times - November 15, 2007
New Share Buyback
American International Group, the giant insurance company, said Wednesday that it had approved the repurchase of an additional $8 billion in stock...
New York Times - November 15, 2007
Amaranth, a Collapsed Hedge Fund, Sues JPMorgan Chase
Amaranth has sued JPMorgan Chase for at least $1 billion, accusing the bank of fraudulently taking advantage of the firm during its crisis in September 2006...
New York Times - November 15, 2007
CNN Plans Expansion Overseas
CNN Worldwide plans to increase its staff of correspondents by 10 percent as part of a major effort to increase its ability to produce its own reports...
New York Times - November 15, 2007
Backer of Digital Trades Rises to Lead Exchange
Duncan L. Niederauer was appointed to succeed John A. Thain at the New York Stock Exchange...
New York Times - November 15, 2007
Macy?s Reports a Profit, but Shares Fall on Forecast
Macy?s C.E.O., Terry J. Lundgren, called the current market ?a challenging economic environment.?...
New York Times - November 15, 2007
Chevron to Pay $30 Million to Settle Kickback Charges
Chevron has agreed to pay $30 million to settle charges that it had made illegal kickbacks to Iraq for oil purchased in 2001 and 2002 under the United Nations? oil-for-food program...
New York Times - November 15, 2007
Victims of Colombian Conflict Sue Chiquita Brands
Victims of Colombia?s civil conflict sued the banana importer Chiquita, accusing it of making payments to a paramilitary group responsible for thousands of killings...
New York Times - November 15, 2007
Cerberus Backs Out of Agreement to Buy United Rentals
United Rentals, the rental equipment company, said that Cerberus Capital Management had backed out of its planned $4 billion purchase of the company...
New York Times - November 15, 2007
Retail Sales Slip, Signaling Cutback in Holiday Spending
Spending is slowing ? but so is inflation, offering the Federal Reserve more room to stimulate the economy by lowering interest rates next month, if it wants...
New York Times - November 15, 2007
With Eye on ?08, House Takes on Mortgage Rules
Democrats and Republican lawmakers are looking for ways to lend aid to homeowners threatened with foreclosure. The House will take up new regulations this week...
New York Times - November 15, 2007
Broker Is Expected to Plead Guilty
A former broker at Bear Stearns, Ken Okada, is expected to plead guilty in a wide-ranging insider-trading case...
New York Times - November 15, 2007
Day After a Rally, Uncertainty Returns
Stocks fell after an effort to extend the previous session?s huge rally faltered in the face of persistent concerns about the housing downturn and credit squeeze...
New York Times - November 15, 2007
HSBC Takes $3.4 Billion Charge
HSBC said it would set aside $3.4 billion to cover bad loans, while Bear Stearns will take a $1.2 billion write-down on its exposure to subprime mortgages...
New York Times - November 15, 2007
Dell Buoys a Rival by Offering Sun?s Operating System
Dell said it would sell Sun?s Solaris operating system, giving Sun a lift as it tries to expand its software business...
New York Times - November 15, 2007
Leaders of Two Striking Entertainment Unions Clash
Leaders of the International Alliance of Theatrical Stage Employes and the Writers Guild of America West traded strong words over the mounting costs of their strikes...
New York Times - November 15, 2007
U.S. Working to Develop and Launch Cheaper Satellites
Both giant aerospace corporations and small, entrepreneurial companies are advancing new space efforts...
New York Times - November 15, 2007
Sending a Scent by Snail Mail
The Royal Mail, the British postal service, which has been hit hard by the effects of the Internet, is trying to stimulate business by appealing to the senses...
New York Times - November 15, 2007
Buffett Says No Estate Tax Would Be a Gift to the Rich
Warren E. Buffett told Congress that plans to repeal the estate tax would benefit a handful of the richest American families and widen income disparity in the United States...
New York Times - November 15, 2007
Ford Workers Approve a Four-Year Contract
Over all, 79 percent of union members approved the agreement, which is similar to contracts reached at General Motors and Chrysler...
New York Times - November 15, 2007
Fed to Share Its Thinking in Its Reports
The Federal Reserve said that it would take some of the mystery out of its decision-making, disclosing far more information about its economic forecasts...
New York Times - November 15, 2007
Airlines Vow to Do Better
Improvement in airline tracking software could mean fewer stranded travelers and less frequent delays...
New York Times - November 15, 2007
Rumors, Merger Talk and Denial by Airlines
After a letter from a hedge fund stoked rumors that it was in merger talks with UAL, Delta Air Lines denied that any such discussions were taking place...
New York Times - November 15, 2007
In Eco-Friendly Factory, Low-Guilt Potato Chips
Frito-Lay is redesigning a potato-chip factory aiming to reduce the energy it consumes and waste it creates...
New York Times - November 15, 2007
Foreclosures Hit a Snag for Lenders
A federal judge in Ohio has ruled against a longstanding foreclosure practice, potentially creating an obstacle for lenders trying to reclaim properties from troubled borrowers...
New York Times - November 15, 2007
NYSE Chief Is Chosen to Lead Merrill Lynch
John A. Thain, a former co-president of Goldman Sachs, revitalized the stock exchange and took it public...
New York Times - November 15, 2007
The Firm With a Shadow That Extends Far Past Wall St.
For decades, Goldman Sachs has churned out a golden list of corporate executives and statesmen, wealthy financiers and nonprofit managers...
New York Times - November 15, 2007
NY immigrant plan dropped
New York state's governor drops his plan to allow undocumented immigrants to carry driving licenses...
BBC News - November 15, 2007
US defends cotton subsidies
A senior US official defends Washington's big subsidies to its cotton farmers, on a trip to Burkina Faso...
BBC News - November 15, 2007
US Congress backs Iraq funding
The US House of Representatives votes to approve a war funding bill despite a further veto threat from the president...
BBC News - November 15, 2007
OJ Simpson faces Las Vegas trial
Former American football star OJ Simpson will be tried over an alleged armed robbery at a Las Vegas hotel...
BBC News - November 15, 2007
Blackwater killings 'broke rules'
FBI investigators say Blackwater guards were not justified in killing Iraqis, the New York Times reports...
BBC News - November 15, 2007
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