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US News Archive for March 2007:
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U.S: Some of Iraq in 'civil war'
A Pentagon report says some elements of the war in Iraq fit the definition of civil war, but the term "does not adequately capture the complexity of the conflict." Whether the conflict in Iraq amounts to a civil war has been hotly debated recently...
CNN - March 15, 2007
U.S.: Civil war in some of Iraq
A new Pentagon report says some elements of the war in Iraq fit the definition of civil war, but the term "does not adequately capture the complexity of the conflict."...
CNN - March 15, 2007
Body of missing Georgia boy found
The body of a 6-year-old boy missing since last week was found Thursday alongside a road outside Brunswick, Georgia, police said. A Department of Natural Resources employee found the body of Christopher Barrios, police said...
CNN - March 15, 2007
Iraq pullout plans advances in House, fails in Senate
Democrats aggressively challenged President Bush's Iraq policy at both ends of the Capitol on Thursday, gaining House committee approval for a troop withdrawal deadline of September 1, 2008, but suffering defeat in the Senate on a less sweeping plan to end U.S. participation in the war...
CNN - March 15, 2007
Grand Jury in Bell Case Hears From New Witness
A grand jury in Queens that is weighing evidence in the police shooting of Sean Bell interrupted its deliberations today to hear from a new witness...
New York Times - March 15, 2007
Greenwich Village Gunfight Leaves Four Dead
Two unarmed auxiliary police officers were among those killed during a chase on Wednesday night...
New York Times - March 15, 2007
U.N. Considers New Iran Sanctions Resolution
The resolution would impose sanctions on Iran for its defiance of demands that it suspend nuclear enrichment...
New York Times - March 15, 2007
Senate Panel Seeks to Question Justice Officials
The panel voted today to authorize the subpoenas as it investigates the dismissal of eight federal prosecutors...
New York Times - March 15, 2007
Terror Suspect Said to Confess to Other Acts
Khalid Shaikh Mohammed, who took responsibility for the Sept. 11 attacks, said he decapitated the American journalist Daniel Pearl, according to a revised transcript released today...
New York Times - March 15, 2007
OPEC Says It Won?t Increase Output
The decision could send oil prices into a fresh upswing this spring as demand for gasoline picks up...
New York Times - March 15, 2007
Cricket: Bermuda lose to S Lanka
Sri Lanka beat Bermuda by 243 runs in their Group B match in Trinidad...
BBC News - March 15, 2007
Democrats push Iraq pull-out plan
A Democratic plan for all US troops to leave Iraq by next year is approved by a key House panel but fails in the Senate...
BBC News - March 15, 2007
Castro 'to be fit to hold power'
Officials say Fidel Castro will be well enough to stand for parliament, the first step towards re-election as leader...
BBC News - March 15, 2007
Senate Panel May Question Justice Officials
Five officials and six of the federal prosecutors they fired may be called to testify...
New York Times - March 15, 2007
Cadbury to Separate Drinks and Candy Businesses
The company, facing pressure from shareholders, including the billionaire Nelson Peltz, said a split would help it focus on expanding its confectionary unit...
New York Times - March 15, 2007
Wholesale Inflation Surged in February
The prices that businesses charge one another rose 1.3 percent, a sign that inflation remains a threat...
New York Times - March 15, 2007
Cisco snaps up WebEx for $3.4bn
US technology giant Cisco Systems is to acquire web conferencing firm WebEx in a deal worth $3.2bn...
BBC News - March 15, 2007
Italy convicts 'Dirty War' five
An Italian court sentences five former Argentine military officers in absentia to life imprisonment...
BBC News - March 15, 2007
Sudan 'liable for USS Cole bomb'
A US judge rules Sudan is partly responsible for the attack on the
USS Cole that killed 17 in 2000...
BBC News - March 15, 2007
Canada lottery retailers win big
Retailers selling lottery tickets in four Canadian provinces are 10 times likelier than average to win a prize...
BBC News - March 15, 2007
Medical marijuana ban upheld
A US federal court rules that a California woman who takes cannabis for medical use still risks prosecution...
BBC News - March 15, 2007
Exxon mulls future in Venezuela
US oil giant Exxon Mobil mulls its future in Venezuela as the country's president drives through nationalisation plans...
BBC News - March 15, 2007
Greenwich Village shootout leaves four dead
A gunman killed a pizza parlor employee and two unarmed volunteer police officers who pursued him, then was shot to death by other officers in a series of shootings in a crowded Manhattan neighborhood, the mayor said...
CNN - March 15, 2007
Attackers Kill Dozens of Police in India
Suspected Maoist rebels ambushed a police post in what appeared to be the biggest attack on state law enforcement in the last several years of insurgency...
New York Times - March 15, 2007
4 Dead in Manhattan Gunfight
Two unarmed auxiliary police officers were among those killed Wednesday night during a chase in Greenwich Village...
New York Times - March 15, 2007
Safety of Sleeping Pills Depends on Using as Directed
The word from many sleep experts was that, despite the federal warning, prescription sleeping pills are relatively safe drugs if taken as directed...
New York Times - March 15, 2007
Gore urges investors to go green
Former US vice president Al Gore calls on investors to consider climate change factors when buying stocks...
BBC News - March 15, 2007
US may release N Korea funds
The US ends a Macau banking inquiry, paving the way for N Korea to access frozen funds, one of its key demands...
BBC News - March 15, 2007
Boxing: Tapia in serious condition
Johnny Tapia remains in a 'serious' condition in hospital after an apparent drug overdose...
BBC News - March 15, 2007
Boston singer death ruled suicide
The lead singer of US rock band Boston committed suicide by carbon monoxide poisioning, say police...
BBC News - March 15, 2007
Cash missing after Brazil crash
Brazilian police investigate the disappearance of $2.6m from a plane that crashed in the north-east...
BBC News - March 15, 2007
Chiquita admits paying fighters
US banana firm Chiquita says it will plead guilty to doing business with a paramilitary group in Colombia...
BBC News - March 15, 2007
Transcript: Gitmo detainee confesses 9/11 role
Khalid Sheikh Mohammed, the suspected mastermind of the September 11, 2001, terror attacks, admitted to those attacks and numerous others during a U.S. military hearing on Saturday, according to an edited transcript of the hearing released by the Pentagon Wednesday...
CNN - March 15, 2007
Transcript: 9/11 suspect confesses
Khalid Sheikh Mohammed, the suspected mastermind of the September 11, 2001, terror attacks, admitted to those attacks and numerous others during a U.S. military hearing, according to an edited transcript of the hearing released by the Pentagon...
CNN - March 15, 2007
Mugabe's main rival hospitalized
Zimbabwe's main opposition leader Morgan Tsvangirai remained in the hospital Wednesday after he and two other opposition leaders were beaten and detained...
CNN - March 15, 2007
Hugo Chávez Is Tied to Giuliani Firm
The financial relationship with a company affiliated with one of the most outspoken critics of the United States potentially exposes Rudy Giuliani to new scrutiny...
New York Times - March 15, 2007
Council Bans Metal Bats in High School
The use of aluminum bats has been debated for years both from a competitive standpoint and increasingly for safety reasons...
New York Times - March 15, 2007
2 Auxiliary Officers Among 4 Killed in Village
Two unarmed auxiliary police officers were fatally shot Wednesday night during a chase in Greenwich Village...
New York Times - March 15, 2007
Bush Criticizes How Dismissals Were Handled
President Bush?s critique underscored the tenuous nature of Attorney General Alberto R. Gonzales?s hold on his job...
New York Times - March 15, 2007
Suspected Leader of Attacks on 9/11 Is Said to Confess
?I was responsible for the 9/11 operation, from A to Z,? Khalid Shaikh Mohammed said, according to a Pentagon transcript...
New York Times - March 15, 2007
Coast Guard Cancels Contract for Vessel
The cancelled contract involved a ?fast-response cutter,? which was part of the Coast Guard?s troubled modernization program...
New York Times - March 15, 2007
World Business Briefing | Europe: Ireland: Sale of Cardboard Shares
The Smurfit Kappa Group, Europe?s market leader for cardboard products, raised 1.3 billion euros ($1.72 billion) as it floated shares on the Irish and British stock exchanges. The offering, which valued the Irish-Dutch company at 3.4 billion euros ($4.5 billion), was intended to help Smurfit Kappa reduce more than 4.5 billion euros ($5.9 billion) in debt. Smurfit Kappa?s chief executive, Gary McGann, above, said that about half the new shareholders would be institutional investors...
New York Times - March 15, 2007
World Business Briefing | Europe: Sweden: Time Warner Ends Offer
Time Warner Inc., the media company, withdrew its $900 million offer for TradeDoubler, an Internet advertising company, after failing to win the support of shareholders. The company?s AOL unit scrapped its 215-kronor-a-share bid after the deadline expired today, Time Warner said...
New York Times - March 15, 2007
World Business Briefing | Asia: China: Industrial Output Surges Again
China?s industrial output rose 18.5 percent in January and February, the National Bureau of Statistics said, after gaining 14.7 percent in December. That beat the 15 percent median estimate of 20 economists surveyed by Bloomberg News. In February, China?s exports jumped the most they had in 12 years, and domestic sales accelerated...
New York Times - March 15, 2007
World Business Briefing | Asia: China: Petroleum Seller Acquired
The China Petroleum and Chemical Corporation, Asia?s largest oil refiner, will buy the Hong Kong petroleum products distribution unit of China Resources Enterprise for 4 billion Hong Kong dollars ($511 million). The two companies signed a framework agreement, and the final purchase price remains subject to review, according to China Resources. A formal agreement will be signed in mid-April, the company said. The Beijing-based China Petroleum and Chemical, which is known as Sinopec, is expanding its refining and fuel distribution system to keep pace with the rapidly growing Chinese economy...
New York Times - March 15, 2007
World Business Briefing | Europe: Phone Venture to Start April 1
Nokia and Siemens said they planned to begin operating a joint venture phone network on April 1, with both companies having agreed to increase net asset contributions. Siemens will contribute 2.4 billion euros ($3.2 billion), while Nokia will add 1.7 billion euros to the venture, Siemens said. Nokia, based in Finland, and Siemens, based in Germany, agreed in June to merge their phone network units to close the gap with the market leaders, Ericsson and Alcatel-Lucent...
New York Times - March 15, 2007
S.E.C. Seeking Stock Options Data From L-3
The maker of battlefield communications systems was asked by the S.E.C. for information on past stock option practices...
New York Times - March 15, 2007
World Business Briefing | Europe: Antitrust Case Against Glassmakers
European Union regulators accused the Nippon Sheet Glass Company, the Asahi Glass Company and two competitors of fixing the price of glass used in construction. Asahi?s Glaverbel unit in Belgium, Nippon Sheet Glass?s Pilkington in Britain, the Guardian Industries Corporation in the United States and Saint-Gobain in France said that they were notified of the accusations and would respond. The companies have two months to reply...
New York Times - March 15, 2007
World Business Briefing | Europe: Britain: Bank Buys Parking Company
An investment fund of the Macquarie Bank has agreed to buy the car-parking facilities of National Car Parks of Britain for £790 million ($1.52 billion) from a private equity firm, the 3i Group. National Car Parks operates about 850 car parks with about 50,000 spaces, accounting for more than half Britain?s off-street parking market, and is the largest provider of spaces at airports and railway stations. A towing service will be spun off and retained by 3i...
New York Times - March 15, 2007
Retailer?s Board Pledges to Speak
Home Depot said the full board will attend the annual shareholders? meeting...
New York Times - March 15, 2007
4 Editors, an Art Director and a Shot at the Magazine Title
The Bulletin of the Atomic Scientists is among the finalists announced for the National Magazine Awards, the industry?s most prestigious prize...
New York Times - March 15, 2007
Copper Merger Is Approved
Freeport-McMoRan Copper and Gold?s $25.9 billion acquisition of a rival, Phelps Dodge, was approved by shareholders of both companies...
New York Times - March 15, 2007
Hedge Funds, the Usual Suspects, Blamed for Volatility in Asia
Traders and brokers in the region say hedge funds are going to create even more unpredictable gyrations in the future...
New York Times - March 15, 2007
Stocks & Bonds: After Early Drop, Wall Street Rises to Close Day
Concern about mortgages continues to send stock prices bouncing...
New York Times - March 15, 2007
Microsoft Agrees to Buy Maker of Voice-Recognition Software
The deal to buy Tellme Networks was said to be worth more than $800 million, making it Microsoft?s biggest acquisition since 2002...
New York Times - March 15, 2007
Goldman Sachs Is Fined $2 Million in a Pattern of Illegal Trading
Goldman Sachs was fined $2 million by market regulators for allowing clients to make illegal short sales before stock offerings...
New York Times - March 15, 2007
Co-Head of Global Investment Banking Will Leave UBS
Jeffrey A. McDermott, one of three global heads of investment banking, will leave ?to pursue outside entrepreneurial opportunities.?...
New York Times - March 15, 2007
Trading Activity and Expansion Abroad Drive Profit Up 5.6% at Lehman
Robust trading and overseas expansion drove Lehman?s first-quarter profit up 5.6 percent, matching Wall Street?s expectations...
New York Times - March 15, 2007
Bank of America Pays Settlement in Improper Trading Case
The bank will pay $26 million to settle charges that its securities unit published fraudulent research reports on companies...
New York Times - March 15, 2007
Chiquita Settles Case on Payments to Rebel Groups
Chiquita reached a settlement with the Justice Department over protection payments that it made to terrorist groups in Colombia...
New York Times - March 15, 2007
Current-Account Deficit Shrinks
Lower oil prices and increased exports have sent the deficit to its lowest level in more than a year...
New York Times - March 15, 2007
U.S. to Review Anemia Drugs for Safety
Use of the anemia drugs will be reviewed by federal health insurance programs because of concerns that side effects may be harming patients...
New York Times - March 15, 2007
Advertising: Avon Comes Calling With a New Campaign
Avon wants to ring billions of doorbells at the same time with the largest campaign in its 121-year history...
New York Times - March 15, 2007
Google Is Reviving Hopes for Ex-Furniture Makers
The Internet search giant announced that it would build a ?server farm? in North Carolina where land is cheap...
New York Times - March 15, 2007
In a Test of Capturing Carbon Dioxide, Perhaps a Way to Temper Global Warming
American Electric Power is planning the largest demonstration yet of capturing carbon dioxide from a coal-fired power plant and pumping it deep underground...
New York Times - March 15, 2007
Economic Scene: When to Violate the Top Two Commandments of Antigovernment Crusaders
Antigovernment crusaders are often the biggest obstacles to the achievement of economic efficiency...
New York Times - March 15, 2007
Entrepreneurial Edge: Countering the Big-Bank Trend
Community banks keep financing flowing to local entrepreneurs at a time when mergers have reduced the number of banks...
New York Times - March 15, 2007
Google Adds a Safeguard on Privacy for Searchers
Google is taking steps to make anonymous the logs it keeps of all searches that people conduct...
New York Times - March 15, 2007
CD Holding Medical Data of 75,000 Is Retrieved
A missing CD containing confidential medical information on 75,000 Empire Blue Cross and Blue Shield members was recovered...
New York Times - March 15, 2007
Market Place: After Profit, G.M. Faces Rough Road
General Motors reported its largest quarterly profit in two and a half years. But some analysts fear that G.M.?s new products are not adequate to sustain its turnaround...
New York Times - March 15, 2007
Potential Jurors Know Little About Ex-Media Tycoon
Nearly all of the jurors in the Conrad M. Black trial confirmed that they knew little of him and the others accused in the trial...
New York Times - March 15, 2007
Wal-Mart Is Said to Have Big Banking Plans
Wal-Mart?s ambitions into consumer banking may extend beyond what the retail giant had previously disclosed...
New York Times - March 15, 2007
Loan Unit Drags Down H&R Block
While H&R Block?s tax business is showing signs of improvement, it cannot get rid of its subprime mortgage group, Option One, fast enough...
New York Times - March 15, 2007
Playing Hunches at Harvard
Mohamed El-Erian, head of the $30 billion Harvard Endowment, has brought an international flair and bond expertise to the job...
New York Times - March 15, 2007
F.D.A. Warns of Sleeping Pills? Strange Effects
The F.D.A. ordered makers to print label warnings about risks and side effects like driving and eating while asleep...
New York Times - March 15, 2007
Charges Dismissed in Hewlett-Packard Spying Case
A judge dropped charges against the former chairman of Hewlett-Packard, Patricia C. Dunn, who was accused of fraud in a boardroom spying scheme...
New York Times - March 15, 2007
Push to Fix Ozone Layer and Slow Global Warming
A coalition of industrial and developing countries is pushing for stringent limits on a popular air-conditioner refrigerant...
New York Times - March 15, 2007
Car makers attack fuel measures
US carmakers say they need help in tackling the challenges the industry is facing set by global warming...
BBC News - March 15, 2007
Microsoft buys voice tech firm
Microsoft buys a voice-recognition software firm in a move analysts say could change how people use the internet...
BBC News - March 15, 2007
Chiquita admits paying guerrillas
US banana firm Chiquita says it will plead guilty to doing business with a terror group in Colombia...
BBC News - March 15, 2007
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