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US News Archive for August 2007:
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Padilla guilty of plotting holy war
Jose Padilla and two co-defendants were convicted Thursday of murder conspiracy and supporting al Qaeda and other violent Islamic extremist groups overseas. Jurors took just a day and a half to reach the verdict. full story...
CNN - August 16, 2007
Goal Blog: A Pleasure to Meet You, Mr. Beckham
Red Bulls forward Jozy Altidore will contribute items for The New York Times Goal blog about soccer, his life and his ambitions for the future. This is his first post...
New York Times - August 16, 2007
The Caucus Blog: An Edwards Squeeze Play Foiled?
An Edwards-Obama alliance is not to be...
New York Times - August 16, 2007
City Room: Adventures in Rural Living
The Times's Brooklyn-born urban affairs correspondent, Sam Roberts, on the pleasures of escaping to the country...
New York Times - August 16, 2007
Giambi?s Candor Earns Him a Pass From Selig
Jason Giambi will not be disciplined for tacitly admitting earlier this season that he had used steroids...
New York Times - August 16, 2007
Bits Blog: Skype?s Bad Day
The massively popular Internet phone service Skype has been down all morning. Its Web site says that engineers have discovered a software problem which will be fixed in 12 to 24 hours...
New York Times - August 16, 2007
Remains Found in Bridge Disaster
Today?s discovery brings to 11 the number of people known to have died in the Minneapolis disaster...
New York Times - August 16, 2007
Jenna Bush Is Engaged
Her fiancé is Henry Hager, a former aide to President Bush?s political strategist, Karl Rove...
New York Times - August 16, 2007
Notes Detail Visit to Ashcroft?s Hospital Room
The F.B.I. director?s notes provide another eyewitness account of the confrontation over the secret N.S.A. surveillance program...
New York Times - August 16, 2007
The Lede Blog: Elvis Is Everywhere
If scientists somehow proved that there was absolutely nothing more to say about Elvis Presley, it wouldn?t matter a bit...
New York Times - August 16, 2007
Jose Padilla Convicted on All Counts in Terror Trial
In a major victory for the Bush administration, a federal jury found Jose Padilla guilty on terrorism conspiracy charges today after little more than a day of deliberations...
New York Times - August 16, 2007
Estee Lauder Shares Fall After Profit Disappoints
The cosmetics maker reported quarterly profit of $88.6 million and forecast earnings for the current quarter and fiscal year well below Wall Street estimates...
New York Times - August 16, 2007
[TS] High & Low Finance: A Credit Crunch Unlike Any Other
Why is the credit panic of 2007 being played out in slow motion? Information may arrive instantly, but insight takes longer...
New York Times - August 16, 2007
Judge Declines to Block Whole Foods Deal
A federal judge rejected a bid by government antitrust authorities to temporarily block Whole Foods Market?s planned acquisition of a rival, Wild Oats Markets...
New York Times - August 16, 2007
New Home Construction at Lowest Level in Decade
The annual rate of building permits issued last month was 22.6 percent lower than the rate last July. The rate of construction on new homes fell 20.9 percent compared with a year earlier...
New York Times - August 16, 2007
Dell to Restate Results for 4 Years as Audit Ends
The PC maker said it would reduce net income for the period by as much as $150 million and revenue by 1 percent or less per year...
New York Times - August 16, 2007
H.P. Earnings Rise on Cost Savings
Hewlett-Packard said its latest quarterly results also reflect lower computer component prices and rising margins across its business...
New York Times - August 16, 2007
Dow Drops 340 Points, Then Recovers Losses
Stocks staged a late rally today on Wall Street after a day of wild swings as investors weighed the impact of the crunch in the American credit market...
New York Times - August 16, 2007
US army suicides hit 26-year high
At least 99 US soldiers killed themselves last year, the US army's highest suicide rate in 26 years, a report says...
BBC News - August 16, 2007
Drilling plan shifts after noise heard in mine
Rescuers at Crandall Canyon mine decided to drill a fourth hole at a different location than planned on Thursday after underground listening devices registered an unknown noise. full story...
CNN - August 16, 2007
More Iraqi women turning to prostitution
Violence, increased cost of living and lack of any sort of government aid are leaving a growing number of Iraqi women with few other options than to sell their bodies to put food on the table for their children -- for as little as $8 a day. full story...
CNN - August 16, 2007
Real ID: Anti-terror tool or Big Brother?
Americans may need passports to board domestic flights or to picnic in a national park next year if they live in one of the states defying the federal Real ID Act. full story...
CNN - August 16, 2007
Wheels: Ford Fuel Cell Car Goes 200 M.P.H.
The Ford Hydrogen Fusion 999 became the first fuel cell car to top 200 m.p.h...
New York Times - August 16, 2007
The Caucus: Obama?s Polysyllabic Effort in Iowa
A pronunciation lesson for the candidates: it's pawt-uh-WAHT-uh-mee...
New York Times - August 16, 2007
City Room: Spitzer Says No to Segways on Roads
Governor Spitzer acts on more than a hundred bills, including a veto for Segways on roads and highways outside New York City...
New York Times - August 16, 2007
Rove Steps Up His Attacks on Clinton?s Candidacy
Karl Rove intensified his attack on Senator Hillary Rodham Clinton, saying she was ?so weak? on national security...
New York Times - August 16, 2007
The Lede: Mayhem Moment in the News
The bad news list is longer than usual: Peru, Iraq, Texas, Lesser Antilles, Utah, and more...
New York Times - August 16, 2007
Texas Braces for Floods as Erin Arrives
CORPUS CHRISTI, Texas (AP) -- Tropical Storm Erin was downgraded to a tropical depression as it made landfall Thursday morning on the Gulf Coast, but flood-weary Texas was still bracing for torrential downpours and flash flooding...
New York Times - August 16, 2007
Max Roach, a Founder of Modern Jazz, Dies at 83
Max Roach rewrote the rules of drumming in the 1940?s and spent the rest of his career breaking musical barriers and defying listeners? expectations...
New York Times - August 16, 2007
More Human Remains Found in Bridge Disaster
Today?s discovery brings to 11 the number of people known to have died in the Minneapolis disaster, with two more still missing and presumed dead...
New York Times - August 16, 2007
Verdict Reached in Padilla Case
The jury verdict in the trial of Jose Padilla and two co-defendants charged with supporting al-Qaida was scheduled to be read at 2 p.m. ET...
New York Times - August 16, 2007
Fannie Mae Profit Down 36 Percent in 2006
Fannie Mae reported profit of $4.1 billion and said it expects higher delinquencies and credit losses this year from the turbulence in the mortgage market...
New York Times - August 16, 2007
J.C. Penney Posts Higher Profit and Raises Outlook
The retailer said net income for the second quarter rose to $182 million, driven by sales of children?s and women?s apparel...
New York Times - August 16, 2007
Home Construction Falls to Slowest Pace in More Than a Decade
The Commerce Department said construction of new homes and apartments dropped 6.1 percent last month to a seasonally adjusted annual rate of 1.38 million units...
New York Times - August 16, 2007
Mortgage Lender Moves to Shore Up Cash
Countrywide Financial said it had tapped $11.5 billion in emergency financing from 40 of the world?s largest banks amid difficulties in selling its home loans...
New York Times - August 16, 2007
Dow Down Sharply Over New Credit Worries
U.S. stocks have dropped more than 10 percent since their peak last month, the threshold at which the market?s fall is considered to have reached a correction...
New York Times - August 16, 2007
US mother defends Guatemala adoption
A US mother in the process of adopting twin boys talks about her experience of a Guatemalan home currently being investigated by police...
BBC News - August 16, 2007
US housing slowdown intensifies
The US housing market's troubles continue with the biggest drop in new homebuilding in a decade...
BBC News - August 16, 2007
US voting machine firm 'no sale'
US firm Diebold admits it has failed to find a buyer for its troubled electronic voting machine business...
BBC News - August 16, 2007
Deadly earthquake strikes Peru
A magnitude-7.9 earthquake struck off the coast of central Peru on Wednesday evening, reportedly killing scores and injuring hundreds. The quake was felt for two minutes, according to Peruvian media. It was followed by several powerful aftershocks. full story...
CNN - August 16, 2007
Hurricane Dean Forms in the Atlantic
CORPUS CHRISTI, Texas (AP) -- Bands of rain from Tropical Storm Erin fell along Texas' coast early Thursday, while Hurricane Dean formed in the open Atlantic, becoming the first hurricane of the Atlantic season...
New York Times - August 16, 2007
Parents Warned Cough Medicines Imperil Infants
The Food and Drug Administration issued an advisory against giving cough and cold medicines to children under the age of 2...
New York Times - August 16, 2007
Asian Markets Tumble Amid Mortgage Crisis
Stocks in Asia continued a downward spiral today, led by shares in South Korea. Across Europe, markets were also sustaining losses...
New York Times - August 16, 2007
China plans safety talks with US
China says it will send delegations to the US to discuss safety concerns, after a spate of product recalls...
BBC News - August 16, 2007
US and Israel in $30bn arms deal
The US signs an arms agreement that will provide Israel with $30bn of military aid over the next 10 years...
BBC News - August 16, 2007
Noises in Utah mine raise hopes
Rescuers searching for six men trapped in a Utah mine detect sounds, though their source is unknown...
BBC News - August 16, 2007
Rescue hopes rise as noises heard in mine
Rescue workers said they heard a noise Wednesday night -- though it's unclear what it was -- deep inside the Utah mine where six men have been trapped for nine days. full story...
CNN - August 16, 2007
Deadly quake strikes Peru
A magnitude 7.9 earthquake struck off the coast of central Peru on Wednesday evening, killing 15 people and leaving 70 hurt, President Alan Garcia said on national television. Other local reports placed the death toll at four dozen. full story...
CNN - August 16, 2007
Beckham Scores First Goal for Galaxy
David Beckham?s first goal with the Galaxy came in his first start since joining the Major League Soccer team on July 13...
New York Times - August 16, 2007
Creating a Village to Foster a Child
Treehouse is a planned intergenerational community, a place built to nurture both young and elderly people...
New York Times - August 16, 2007
Former N.B.A. Referee Pleads Guilty
Tim Donaghy left the basketball court as a disgraced former N.B.A. referee in July and left a federal court room Wednesday as an admitted criminal, a conspirator and a gambling addict...
New York Times - August 16, 2007
Inquiry Into Study Abroad Launched in New York
New York?s attorney general is opening an inquiry into the relationships between universities and providers of study abroad...
New York Times - August 16, 2007
U.S. Defends Surveillance to 3 Skeptical Judges
Three judges hearing challenges to the National Security Agency?s surveillance programs appeared skeptical of the Bush administration?s argument...
New York Times - August 16, 2007
Parents Are Warned on Cold Medicines
The Food and Drug Administration issued an advisory against giving cough and cold medicines to children under 2...
New York Times - August 16, 2007
Back to Politics as Usual, After Bridge Failure
It took all of two weeks for the political unity brought on by a deadly bridge collapse in Minneapolis to unravel...
New York Times - August 16, 2007
Forced to Pick a Major in High School
A high school in New Jersey is requiring students to declare a major as freshmen...
New York Times - August 16, 2007
Facing the Multiple Risks of Newer, Deeper Mines
Engineers are grappling with the broader implications of the Crandall Canyon Mine accident...
New York Times - August 16, 2007
Mixed Signals: Driving to Work as a Tax Break
A new federal push to promote traffic-busting policies like congestion pricing appears to contradict other tax breaks...
New York Times - August 16, 2007
Inquiry Threatens Ex-Leader of Securities Agency
A former chairman of the Securities and Exchange Commission faces an investigation into his actions as director of Chiquita Brands International...
New York Times - August 16, 2007
Economic Boom Fails to Generate Optimism in India
The prime minister cautioned Indians against hubris and promised a spate of antipoverty measures during an Independence Day speech...
New York Times - August 16, 2007
World Business Briefing: Russia: Sale of Some Yukos Assets
The Russian court-appointed managers of Yukos, the oil company, sold its contested overseas assets at a bankruptcy auction for $306 million, taking another step toward the final dismantling of Yukos...
New York Times - August 16, 2007
World Business Briefing: China: Production Pace Slows
China?s industrial production rose 18 percent in July, slowing for the first time in three months after reductions in export incentives...
New York Times - August 16, 2007
World Business Briefing: Indonesia: High Economic Growth
Indonesia?s economy grew the fastest in more than two years in the second quarter as exports rose and lower interest rates fueled spending and investment...
New York Times - August 16, 2007
World Business Briefing: Brazil: Embraer?s Profit Slides
Embraer, the Brazilian airplane maker, said its second-quarter net profit fell 49 percent as production costs rose sharply with the hiring of thousands of new employees...
New York Times - August 16, 2007
World Business Briefing: Iceland: Dutch Deal by Bank
The Kaupthing Bank of Iceland agreed to buy a Dutch merchant bank, NIBC, for about 3 billion euros ($4.1 billion) in cash and shares, but left out the bank?s money-losing portfolio of subprime loans in the United States...
New York Times - August 16, 2007
New Owner to Combine Men?s Magazines
Alpha Media Group will turn Stuff magazine into a section of Maxim, while keeping Stuff.com as a stand-alone Web site...
New York Times - August 16, 2007
Citing Turnaround, Sara Lee Reports Profit
The Sara Lee Corporation said revenue grew 8 percent in the company?s fiscal fourth quarter, when ended June 30...
New York Times - August 16, 2007
Agilent Shares Drop on Forecast
The maker of scientific testing equipment cut its sales and profit forecasts due to slowing demand in Asia...
New York Times - August 16, 2007
Deere Posts Profit Gain Despite Slip in U.S.
Fiscal third-quarter profits at agricultural equipment maker Deere & Company were up 23 percent as global sales offset North American declines...
New York Times - August 16, 2007
Big Holder Considers Buyout of Charter
The billionaire Paul G. Allen may try to buy or recapitalize Charter Communications, the cable company he controls, according to a regulatory filing yesterday...
New York Times - August 16, 2007
Macy?s Beats Profit Estimates, but Lowers Earnings Forecast
The department store chain said that slowing demand for clothes limited sales growth, leading to a 77 percent decline in second-quarter net income...
New York Times - August 16, 2007
Alcoa Hires Former Head of Siemens, and Expects Him to Succeed Its Chief
Klaus Kleinfeld was named president and C.O.O. of Alocao and is expected to become C.E.O. when Alain J. P. Belda retires, possibly as soon as next year...
New York Times - August 16, 2007
3 Reporters Sue H.P. in Spying Case
Three reporters for CNET Networks sued Hewlett-Packard on Wednesday, accusing the computer maker of violating thier privacy during its search for boardroom leaks...
New York Times - August 16, 2007
Travelocity Pays Fine for Bookings to Cuba
Travelocity.com paid $182,750 to settle a complaint brought by the Treasury Department, which said the company had violated the U.S. embargo of Cuba...
New York Times - August 16, 2007
2 Ratings Services Downgrade Nestlé
Nestlé, one of the world?s largest food companies, was stripped of its AAA rating yesterday by Fitch Ratings and Moody?s Investors Service after the company said it planned to repurchase almost $21 billion of stock...
New York Times - August 16, 2007
Maker of Video Games Is Notified S.E.C. May Act in Options Case
Take-Two said it received notice from the Securities and Exchange Commission that it may face civil charges for backdating stock options...
New York Times - August 16, 2007
Democratic Advisers Take Posts in Group Opposing Wal-Mart
WakeUpWalMart.com is introducing a fresh round of ads in addition to naming several Democratic political strategists to leadership positions...
New York Times - August 16, 2007
Bank to Pay $4.5 Million to Settle Suit Over Cards
A South Dakota bank has agreed to pay $4.5 million to settle a claim by the New York State attorney general that it deceptively marketed credit cards to people with bad credit ratings...
New York Times - August 16, 2007
The Entrepreneurial Edge: Chinese Want to Cut Slice Going to U.S. Middlemen
A growing number of Chinese firms are setting up operations in the U.S. and looking for partnerships with small-to-medium American companies...
New York Times - August 16, 2007
Advertising: A New Chrysler and a New Marketer
With a new chief marketing officer, Chrysler is wasting no time in trying to persuade customers that it has come out from under the wing of its former German owners...
New York Times - August 16, 2007
Toy Makers Brace for a Chill in Sales
Analysts are beginning to worry that a recent series of recalls of Chinese-made toys could hurt holiday season sales...
New York Times - August 16, 2007
Nickelodeon to Limit Use of Characters on Junk Foods
Nickelodeon, the children?s television network, will prohibit use of its characters on junk food except on special occasions like Halloween...
New York Times - August 16, 2007
After Sales Setback, Amgen Moves to Cut Jobs and Capital Expenses
Biotechnology giant Amgen said Wednesday that it would cut its workforce by at least 2,200 as it sought to cope with sliding sales of the anemia drug Aranesp, its biggest selling product...
New York Times - August 16, 2007
Consumer Prices Ease, Fed Views Inflation as Risk
The rate of core inflation remained stalled at 2.2 percent, suggesting that it was unlikely that the Federal Reserve would lower interest rates soon...
New York Times - August 16, 2007
Virus Spreading Alarm and Pig Disease in China
Virus experts say Chinese authorities are playing down the impact of the highly infectious virus ? believed to be an unusually deadly form of an infection known as blue-ear pig disease...
New York Times - August 16, 2007
China Plans Greater Scrutiny of Food Exports
Chinese authorities said Wednesday that starting in September, all food shipments to the U.S. and other countries would be checked in the chain of production...
New York Times - August 16, 2007
More Jitters Over Credit; Markets Fall
The Dow Jones industrial average closed down 167.45 points after having stayed in positive territory for most of the day...
New York Times - August 16, 2007
Asian Markets Slump in Thursday Trading
Asian stocks headed for their biggest daily fall since the attacks on the United States in September 2001 as persistent fears about a global credit squeeze sapped investor appetite for risky assets...
New York Times - August 16, 2007
Victory for Voices Over Keystrokes
Shunning low-cost call centers and e-mail-based service, Netflix is hoping to use customer service as a strategic weapon against Blockbuster?s rival DVD-mailing service...
New York Times - August 16, 2007
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