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US News Archive for May 2007:
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TV evangelist Falwell dead at 73
Jerry Falwell, the American TV evangelist who founded the conservative religious Moral Right movement, has died at 73. Ron Godwin, executive vice president of Falwell's Liberty University, said the reverend, who was earlier found unconscious, had "a history of heart challenges," but cause of death was not yet known...
CNN - May 15, 2007
Loathed by liberals, Falwell was force among right-wing
The son of an alcoholic who sold bootleg whiskey during Prohibition, Jerry Falwell was the father of a movement to restore America as God's country...
CNN - May 15, 2007
Jerry Falwell, Leading Religious Conservative, Dies at 73
Jerry Falwell, the fundamentalist preacher who founded the Moral Majority, died today shortly after he was found unconscious in his office at Liberty University...
New York Times - May 15, 2007
Gonzales Pressed Ailing Ashcroft on Spy Plan, Aide Says
James B. Comey?s account before the Senate Judiciary Committee offered a rare and titillating glimpse of a Washington power struggle...
New York Times - May 15, 2007
Tyco Paying $3 Billion to Settle Shareholder Suits
The settlement, described as the largest payment in such a suit, seeks to put to rest a case that became synonymous with corporate excess...
New York Times - May 15, 2007
New Motorola Phones Aim at High-End Market
David Beckham, Danica Patrick and the singer Fergie helped unveil a glossy new lineup aimed at reviving a struggling company...
New York Times - May 15, 2007
No break-up planned at Chrysler
Chrysler's boss says its new owners are not planning to break up its three brands: Chrysler, Jeep and Dodge...
BBC News - May 15, 2007
Witness scolded at Black's trial
A judge tells off the star prosecution witness for deviating from questions in the trial of media baron Lord Black...
BBC News - May 15, 2007
US detainee 'mentally tortured'
A Pakistani-born US resident detained at Guantanamo Bay tells a tribunal he was "mentally tortured" there...
BBC News - May 15, 2007
Brazilian guilty of US nun murder
A Brazilian rancher is jailed for 30 years for the killing of US-born nun and environmentalist Dorothy Stang...
BBC News - May 15, 2007
Troop kidnap 'was planned snatch'
U.S. forces searching for three soldiers abducted in a last week attack south of Baghdad believe the troops were kidnapped in a "planned snatch," involving at least 10 insurgents, a senior U.S. military official said...
CNN - May 15, 2007
Hundreds evacuate as blaze defies containment
Authorities evacuated hundreds of homes after a massive wildfire along the Georgia-Florida border jumped a containment line overnight, authorities said Tuesday...
CNN - May 15, 2007
Palestinian cease-fire unraveling
For the second consecutive day, a cease-fire between rival Palestinian militias was shattered as the factions clashed in Gaza on Tuesday, with at least 12 dead in related violence...
CNN - May 15, 2007
Gonzales says he relied on his deputy on firings
Attorney General Alberto Gonzales said Tuesday he relied on his outgoing deputy to determine which federal prosecutors should be fired last year...
CNN - May 15, 2007
In Study, College-Prep Classes Left Many Unready
Only 26 percent of high school students who take the core courses are well prepared for college, the study says...
New York Times - May 15, 2007
At Least 7 Killed in Gaza Fighting
The violence in Gaza threatened to further undermine the Palestinians? fragile ?unity? government...
New York Times - May 15, 2007
Inflation Is Tame Despite Rising Gas Prices
Consumer prices rose 0.4 percent in April, while the core rate, which excludes food and gas, rose only 0.2 percent...
New York Times - May 15, 2007
Dow Jones breaks another record
Mild inflation data sends the Dow Jones rising more than 100 points to reach another record high...
BBC News - May 15, 2007
India IT exodus from US 'to rise'
The rate at which Indian IT professionals are returning home from the US is likely to increase, a leading Indian IT figure says...
BBC News - May 15, 2007
Wal-Mart profit 'could be better'
Wal-Mart's chief says he is not satisfied with the retailer's performance despite an 8.1% rise in first-quarter profits...
BBC News - May 15, 2007
War book wins Blooker blog prize
A book written by a US soldier about his experiences in post-war Iraq wins a book and blog prize...
BBC News - May 15, 2007
Judgment day for Wolfowitz
The World Bank's executive board will meet Tuesday to decide the future of its president, Paul Wolfowitz, after an internal panel concluded he had violated rules by arranging a promotion and pay rise for his girlfriend and and suggested the bank was suffering "a crisis in leadership."...
CNN - May 15, 2007
Blast kills 24, northwest Pakistan
A hotel blast in Pakistan's northwestern city of Peshawar Tuesday left 24 people dead and 25 injured, police said...
CNN - May 15, 2007
Cycling: Landis laywer blasts testing lab
Floyd Landis' lawyer says the laboratory used for his dope tests failed to meet international standards...
BBC News - May 15, 2007
Black's lawyers call aide 'liar'
Lord Black's long-time business associate David Radler is labelled a "liar" by defence lawyers...
BBC News - May 15, 2007
Rice set for key talks with Putin
US Secretary of State Condoleezza Rice is set for a tense meeting with Russian President Vladimir Putin...
BBC News - May 15, 2007
Top US justice resigns amid row
US Deputy Attorney General Paul McNulty is to step down, amid an inquiry into the firing of eight prosecutors...
BBC News - May 15, 2007
Search for girl focuses on villa
Police searching for a 4-year-old British girl who disappeared 11 days ago in southern Portugal sealed off a villa Monday near where she is believed to have been abducted, according to news reports...
CNN - May 15, 2007
Official: Hamas-Fatah cease-fire restored
A cease-fire between Palestinian factions has been restored, a Palestinian government spokesman said Monday. "Hamas and Fatah -- both of them -- give orders to their elements in the street to withdraw and to stop all military conflicts and clashes in the streets and to return all kidnapped people and to stop the media inciting," Ghazi Hamad said...
CNN - May 15, 2007
Fires inch closer to homes
Hundreds of people in northern Florida were ordered to flee their homes because the wind threatened to push wildfires into their area. "If we can just get through this evening and tomorrow then things should begin to calm down on Wednesday," Florida Division of Forestry spokeswoman Annaleasa Winter said...
CNN - May 15, 2007
Bush Calls for Work for Higher Fuel Efficiency
President Bush said nothing would be put into effect until the regulatory process was completed, just weeks before the end of his term...
New York Times - May 15, 2007
Gonzales?s Deputy Quits Justice Department
A deputy attorney general whose testimony turned an issue over the firings of federal prosecutors into a raging inferno will resign...
New York Times - May 15, 2007
Qaeda Group Calls Hunt for Soldiers Pointless
The search for three missing American soldiers continued as the group that claimed responsibility for the ambush said the soldiers would never be found...
New York Times - May 15, 2007
Palestinian Minister Quits, as Factions Battle On
Hani al-Qawasmeh, resigned Monday, and four more Palestinians were killed in fierce factional gun battles...
New York Times - May 15, 2007
Debate on Amputee Sprinter: Is He Too-Abled?
Some are questioning whether Oscar Pistorius?s prosthetic legs give him an unfair advantage over other sprinters...
New York Times - May 15, 2007
The Freshman: Barely in Office, but G.O.P. Rivals Are Circling
Republicans are already lining up to unseat Representative Kirsten Gillibrand, a freshman Democrat...
New York Times - May 15, 2007
Trusting in Levees, City Builds on Flood Plains
As water rushes toward St. Louis, attention is on runaway development that has occurred since the floods of 1993...
New York Times - May 15, 2007
World Business Briefing: Finland: Bigger Market Share for Nokia
Nokia, the telephone handset maker, raised its outlook for global market share in the second quarter to more than 36 percent, extending its lead over its nearest rival, Motorola. Nokia, based in Finland, has benefited from growing demand in emerging markets, and problems at Motorola. Shares of Nokia rose 4 percent...
New York Times - May 15, 2007
William Becker, 85, Creator of Concept of Motel 6 Chain, Dies
William Becker got the idea for the Motel 6 chain after enduring a cross-country trip in 1960...
New York Times - May 15, 2007
World Business Briefing: Britain: Pearson Acquires an Educator
Pearson, the education publisher, agreed to buy eCollege.com for $538 million to add online degree courses in the United States. Shareholders of eCollege will receive $22.45 a share, Pearson said, an 8.9 percent premium over its closing price on Friday. ECollege, founded in 1996 and based in Chicago, works with about 180 United States colleges and universities to offer degree, certificate and diploma programs...
New York Times - May 15, 2007
World Business Briefing: Britain: G.E. Finance in Soccer Deal
General Electric said that its commercial finance division has teamed up with Hermes Sports Partners, a sports finance advisory boutique in London, to help finance soccer club buyouts and other deals related to the sport. G.E. has already helped the Texas oil magnate Malcolm Glazer finance his £790 million ($1.6 billion) acquisition in 2005 of Manchester United...
New York Times - May 15, 2007
World Business Briefing: Japan: Trade Surplus Rises to a Record
Japan?s current account surplus widened to a record in March, as exports to Asia and Europe helped counter slower growth in shipments to the United States. The surplus expanded 36.9 percent, to 3.32 trillion yen ($28 billion) from a year earlier, the ministry of finance said. In other economic news, Japan?s machinery orders fell unexpectedly for a second month in March. Non-government orders excluding shipping and utilities dropped 4.5 percent from a month earlier after declining a revised 4.9 percent in February...
New York Times - May 15, 2007
World Business Briefing: Canada: Regulators Expand Biovail Inquiry
The Biovail Corporation, a Canadian drug maker, said regulators in the United States had expanded their investigation into questionable accounting and possibly misleading financial disclosures. The company said it had received a so-called Wells notice from the Securities and Exchange Commission relating to its 2003 accounting, a 2002 acquisition, and how it accounts for revenue. Biovail has been dogged by concerns about its financial reporting since the S.E.C. began an inquiry in 2003. The S.E.C. inquiry covers a larger period, from 2001 through 2004...
New York Times - May 15, 2007
Memo Pad
GRIDLOCK AHEAD? With 750 million domestic passengers expected to fly this year, ?the air transportation system is stretched thin,? the Federal Aviation Administration said in a report. It called for increased financing for "major technology upgrades and capacity-improvement projects at major airports" to avoid what the agency said would be aviation ?gridlock.? Last year, the F.A.A. said, airline delays were ?the worst in history.? DELTA HELICOPTER SHUTTLE US Helicopter, which operates helicopter shuttles with 325 flights a week to Kennedy International and Newark airports and Bridgeport, Conn., is now flying into Delta Air Lines Terminal 3 at Kennedy, rather than American Airlines Terminal 9. One-way fares for the eight-minute trip from Manhattan to Kennedy or Newark start at $159. At Newark, the shuttles land next to Continental Airlines Terminal C...
New York Times - May 15, 2007
A Corporate Overhaul at Procter & Gamble
The company will be divided into three new global units, breaking up the Gillette business that it acquired in 2005...
New York Times - May 15, 2007
Ex-Official at Oracle Settles Charge
A former Oracle vice president is accused of improperly profiting from his wife?s knowledge about two deals engineered by her boss, Oracle?s chief executive...
New York Times - May 15, 2007
Medical Firm Acquiring Device Maker
Cardinal Health Inc. said it would buy the medical technology company Viasys Healthcare Inc. for $1.42 billion...
New York Times - May 15, 2007
Justices Turn Down Drug Patent Dispute
The Supreme Court declined to consider a patent dispute over Amgen?s anemia drug Epogen...
New York Times - May 15, 2007
Bear Stearns Will Write Down $225 Million
The securities firm will write down $225 million in the value of its specialist business...
New York Times - May 15, 2007
Ceridian Executive Is Fired
The Ceridian Corporation fired a top executive, accusing him of disclosing confidential information to a hedge fund that is trying to oust the company?s board...
New York Times - May 15, 2007
Mixed Results on Eve of Inflation Numbers
Investors, uneasy about the government?s coming inflation data, cashed in some of their gains from the market?s months of rallying...
New York Times - May 15, 2007
Magazine Publisher Is Selling Special-Interest Unit for $1.15 Billion
Primedia will sell its Enthusiast Media division, which includes magazines like Motor Trend, Soap Opera Digest and Surfer, for about $1.2 billion...
New York Times - May 15, 2007
Intellectual Property Is on the Block at a German Auctioneer
Webasto plans to auction the rights to one of its best-selling products to the highest bidder at a public auction...
New York Times - May 15, 2007
Frequent Flier: Writes Thrillers, Flies a Cessna
All of these adventures make great scenes for novels. Truth, it seems, can often be stranger than fiction...
New York Times - May 15, 2007
Insurer Faces Reprimand in Medicare Marketing Case
Some agents for Humana have enrolled Medicare recipients in products that ?they did not understand and did not want,? an official said...
New York Times - May 15, 2007
Swiss Investigating BAE in Money Laundering Case
The criminal investigation adds international scrutiny of BAE, the top British military contractor...
New York Times - May 15, 2007
U. of Texas Fires Officer Over Tie to Loan Company
The University of Texas has fired the director of financial aid at its Austin campus for improper conduct...
New York Times - May 15, 2007
A Chief With Union Roots Enters a Proving Ground
Thomas W. LaSorda has the confidence that private equity can rescue Chrysler, despite reservations among the rank and file...
New York Times - May 15, 2007
States Fault MySpace on Predator Issues
State attorney generals say the site has not done enough to block sexual predators and has failed to cooperate with authorities...
New York Times - May 15, 2007
On the Road: Stuck on the Runway, Thinking Rebellious Thoughts
Airline passengers stuck on the tarmac for hours are now organizing, networking and going public...
New York Times - May 15, 2007
Bank?s Report Says Wolfowitz Violated Ethics
In response to the report from a World Bank committee, the Bush administration launched a last-ditch global campaign to save Paul D. Wolfowitz?s position...
New York Times - May 15, 2007
On the Web, an Advanced Carbon Calculator for Personal Use
A new Internet tool will help individuals and communities curb their role in global-warming carbon emissions...
New York Times - May 15, 2007
One Misstep and They?re Out the Door
Time Warner?s decision to request the resignation of HBO?s chief highlights the pressure public companies are under to respond rapidly when an executive gets into trouble...
New York Times - May 15, 2007
Hotel as Lifestyle
New hotel brands aimed at younger travelers are trying to create experiences that feel unique but can be replicated globally...
New York Times - May 15, 2007
Advertising: NBC, Tired of Last Place, Turns to Sci-Fi and Fantasy
NBC?s fall schedule plays it safe by trying to learn from recent mistakes and build on recent strengths...
New York Times - May 15, 2007
Napa Valley? Bordeaux? No, but Still Wine Country
Wine is now being made in nontraditional areas like Brazil?s desert, challenging centuries-old grape myths...
New York Times - May 15, 2007
Family Holds Discussion of Dow Bid by Murdoch
The Bancroft family is said to have seen nothing in a missive from Rupert Murdoch that would soften their opposition to the deal...
New York Times - May 15, 2007
Cerberus Goes Where No Firm Has Gone Before
With an agreement to take control of Chrysler, private equity is venturing into virtually uncharted territory...
New York Times - May 15, 2007
A Corporate Divorce on the Cheap
Daimler, now free of its struggling U.S. partner, can look ahead to a promising future as a stand-alone maker of trucks and luxury cars...
New York Times - May 15, 2007
News Analysis: In Deal, a Test for the U.A.W.
Any efforts by Cerberus to reduce Chrysler?s $18 billion health care and pension obligation will put it at odds with the United Automobile Workers union...
New York Times - May 15, 2007
Mexican anti-drugs officers slain
Two senior Mexican anti-drugs officials are shot dead by unknown gunmen in separate attacks...
BBC News - May 15, 2007
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