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US News Archive for Octomber 2006:
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U.S. warns NK over 2nd nuke test
North Korea might be preparing to conduct a second nuclear test, a U.S. official with access to intelligence information said. U.S. Secretary of State Condoleezza Rice said: "We have no desire to see this crisis escalate... But North Korea now needs to understand that the international community has spoken."...
CNN - October 17, 2006
U.S. warns against 2nd test
North Korea may be preparing to conduct a second nuclear test, a U.S. official with access to intelligence information said Tuesday. U.S. Assistant Secretary of State Christopher Hill said that another test of a nuclear device would be regarded as North Korea thumbing its nose at the world...
CNN - October 17, 2006
Blair Says Muslim Veil Is a ‘Mark of Separation’
The British prime minister joined the increasingly corrosive debate over the use of the Islamic veil...
New York Times - October 17, 2006
Bush Signs Bill Setting Detainee Rules
The bill enables the C.I.A. to resume a once-secret program to question the most dangerous terrorists...
New York Times - October 17, 2006
110-Building Site in New York Is Sold to Speyer
Jerry Speyer, a real estate investor who controls some of the city’s most prominent icons, signed a deal to buy Stuyvesant Town and Peter Cooper Village for $5.4 billion...
New York Times - October 17, 2006
Union Leader Charged With Racketeering
Brian McLaughlin faces up to 500 years in prison if convicted of stealing more than $2 million in union and public money...
New York Times - October 17, 2006
Opposition to G.O.P. Rises in Ohio, Poll Says
Voters in Ohio say Democrats are more likely to help create jobs and that Republicans are more prone to political corruption, according to the latest New York Times/CBS News poll...
New York Times - October 17, 2006
British and Indian Steel Firms in Merger Talks
The Corus Group of Britain and Tata Steel of India are said to be days away from a $7.7 billion merger deal...
New York Times - October 17, 2006
Report Finds Cheaper Fuel, but Inflation Persists
A surprisingly high rise in the “core” index of producer prices helped sour what had looked to be a record-setting day in the stock market...
New York Times - October 17, 2006
Tennis: Roddick beats Grosjean
Roger Federer and Andy Roddick ease into the third round of the Madrid Masters...
BBC News - October 17, 2006
US panel 'to urge Iraq policy shift'
A panel is considering a call for major changes in policy, including a withdrawal of troops, reports say...
BBC News - October 17, 2006
UN vote on L America resumes
Voting enters a second day in the fierce battle for one of Latin America's UN Security Council seats...
BBC News - October 17, 2006
Police guard Ecuador vote offices
Security around Ecuador's electoral tribunal is increased after protests over a delay in the counting of votes...
BBC News - October 17, 2006
Violence mars reburial of Peron
A reburial ceremony for ex-Argentine President Juan Peron is marred by factional fighting in Buenos Aires...
BBC News - October 17, 2006
U.S.: N.Korea wants 2nd nuke test
North Korea may be preparing to conduct a second nuclear test, a U.S. official with access to intelligence information says. The official says that activity at a second nuclear site in North Korea is looking very similar to activity seen at another site just before the October 9 nuclear test...
CNN - October 17, 2006
U.S. joins 300 million club
At 7:46 ET Tuesday morning, the United States became a nation of 300 million people, the U.S. Census Bureau estimated. Fueled by an estimated net gain of one person every 11 seconds, America -- the world's third most populous country -- joined China and India with populations greater than 300 million...
CNN - October 17, 2006
Poll: Foley scandal ranks low among election issues
Only about a quarter of Americans say the scandal over former Rep. Mark Foley will be "extremely important" in how they vote in November's congressional elections, according to a CNN poll released Tuesday...
CNN - October 17, 2006
Rapper Known as Fabolous Is Shot in Leg
The 28-year-old rapper apparently was shot by a sole assailant outside Justine’s restaurant on West 21st Street in Manhattan...
New York Times - October 17, 2006
Fighting in Iraqi Town Killed Over 60, U.S. Says
The situation in Balad starkly highlights the dilemma for U.S. commanders as they transfer wide areas of the country to Iraqi forces...
New York Times - October 17, 2006
Viacom to Provide Content to Leading Chinese Web Site
The alliance between Viacom’s MTV Networks and Baidu.com is the biggest effort so far to introduce American television and entertainment programming into China...
New York Times - October 17, 2006
Law on Overseas Brides Is Keeping Couples Apart
A new law, intended to protect women from potential abuse, makes a process more difficult...
New York Times - October 17, 2006
Fuel Savings Help Drive Down Wholesale Prices
The Labor Department’s report today also contained unexpected signs of higher inflation...
New York Times - October 17, 2006
US prices rekindle inflation fear
Inflation fears resurface in the US as core producer prices, excluding energy costs, rise faster than expected...
BBC News - October 17, 2006
Chicago comeback seals famous win
The Bears battle back from 23-3 down to overcome the Arizona Cardinals 24-23 on Monday night...
BBC News - October 17, 2006
Chicago exchanges in merger
The two largest US futures exchanges, Chicago Mercantile Exchange and CBOT merge in an $8bn deal...
BBC News - October 17, 2006
US opens Iran basketball inquiry
The US is investigating whether American basketball players in Iran have violated sanctions, Frances Harrison reports...
BBC News - October 17, 2006
Protests over Ecuador count delay
Tensions mount in Ecuador as the result of Sunday's presidential vote is awaited amid allegations of fraud...
BBC News - October 17, 2006
US population reaches 300 million
The US population hits 300 million people, 39 years after reaching 200 million, according to official estimates...
BBC News - October 17, 2006
Subway crash in Rome rush hour
Two subway trains collided at the end of morning rush hour in central Rome on Tuesday, killing at least one person and injuring at least 60 others, authorities said...
CNN - October 17, 2006
NK: U.N. resolution a 'declaration of war'
Blaming the United States for instigating U.N. Security Council sanctions against it, North Korea on Tuesday called the resolution approved over the weekend a "declaration of war."...
CNN - October 17, 2006
World Business Briefing | Asia: South Korea: Samsung’s Profit Rises
Samsung Electronics said its net profit rose 16 percent in the third quarter, topping estimates on strong sales of its memory chips. Samsung, the world’s largest memory chip manufacturer, earned 2.19 trillion won ($2.3 billion) in the three months ended Sept. 30, up from 1.88 trillion won a year earlier. Sales during the quarter rose 4.7 percent, to 15.22 trillion won ($15.9 billion). Samsung said profit margins were increased by its memory chip business as it took advantage of a global surge in prices of dynamic-random-access chips. Sales in its semiconductor business rose 7 percent from the same period in 2005, with memory chips rising 5 percent...
New York Times - October 17, 2006
World Business Briefing | Asia: India: Outsourcing Firm’s Profit Rises 47%
Tata Consultancy Services, the largest outsourcing firm in India, said its quarterly profit rose 47 percent, to 10.19 billion rupees ($225 million), exceeding expectations, as demand rose for software and back-office services from overseas customers. Tata, based in Mumbai, said it added 58 new customers in the quarter, which ended Sept. 30, and nearly 9,000 employees to take the total headcount to more than 78,000. The results followed a similarly strong report from Infosys, another outsourcing company, last week, and helped set off a rally on the Mumbai stock market index, which closed with a gain of 1.5 percent to a record 12,928 points...
New York Times - October 17, 2006
World Business Briefing | Europe: Italy: Bank Acquired for $10.3 Billion
Banco Popolare di Verona e Novara agreed to buy Banca Popolare Italiana for 8.2 billion euros ($10.3 billion) to create one of the five largest banks in Italy, with more than 2,100 branches extending from Milan to Sicily. The offer valued Popolare Italiana, which is based in Lodi, at 12 euros a share, 16 percent higher than the closing price on Friday. Popolare Italiana and Popolare di Verona will create a holding company and give investors 0.43 of a new share for every Popolare Italiana share and one of its shares for every Popolare di Verona share. Banking takeovers in Italy have reached a record $79 billion this year after the departure last December of the Antonio Fazio, the former Bank of Italy governor who opposed foreign acquisitions and blocked some domestic deals...
New York Times - October 17, 2006
World Business Briefing | Europe: Britain: Nuclear Plants to Be Shut
The British Energy Group, producer of about 20 percent of Britain’s electricity, said nuclear reactors at two plants would be shut because of cracks in boilers, setting off a 24 percent decline in the company’s share price. The reactors, at the Hinkley Point B plant on the coast of Somerset, in southwestern England, and Hunterston B, on the west coast of Scotland, may be out of action for months, but there was no threat to public safety, the company said. The two plants account for one-quarter of British Energy’s nuclear capacity. The British government controls about 66 percent of the company, which owns 8 of the country’s 12 operating nuclear power plants...
New York Times - October 17, 2006
World Business Briefing | Europe: The Netherlands: Profit Up at Royal Philips
Royal Philips Electronics reported a sharp increase in third-quarter net profit, resulting mostly from the sale of a majority stake in its semiconductor division. Operating profit fell because of a charge for asbestos-related liabilities, but the company said that its core operations were healthy and growing. Net profit was 4.24 billion euros ($5.32 billion), up from 1.44 billion euros a year earlier. Sales increased 1 percent, to 6.31 billion euros ($7.92 billion), missing the 6.47 billion euros ($8.12 billion) forecast by analysts. An analyst, Eric de Graaf of Petercam, said the results were “a little above expectation” but the surprise asbestos charge was weighing on shares. Sales and profits increased at Philips’s medical and lighting divisions, its two most profitable arms after the divestment of the semiconductor division. Sales fell 5 percent at the company’s consumer electronics division, which makes DVD recorders and flat-screen TV’s...
New York Times - October 17, 2006
Piniella to take Cubs manager job
Lou Piniella is to take over as manager of the Chicago Cubs, while the Oakland A's sack Ken Macha...
BBC News - October 17, 2006
Gymnastics: US women qualify
Chellsie Memmel helps the US women to first place in qualifying at the World Gymnastics Championships...
BBC News - October 17, 2006
IAEA: Nuclear threat may spread
The head of the U.N. nuclear agency warns as many as 30 countries could soon have technology that would let them produce atomic weapons "in a very short time," joining the nine states known or suspected to have such arms...
CNN - October 17, 2006
Cheney Hits Heartland, and He Can Feel the Love
As Dick Cheney travels around the country, he exposes the durability and devotion of his party’s base...
New York Times - October 17, 2006
North Korean Fuel Identified as Plutonium
Secretary of State Condoleezza Rice warned North Korea that it risked even further isolation if it carried out a second test...
New York Times - October 17, 2006
Lawyer, Facing 30 Years, Gets 28 Months, to Dismay of U.S.
Lynne F. Stewart was sentenced on charges that she smuggled messages from an imprisoned terrorist to his followers...
New York Times - October 17, 2006
Former F.D.A. Chief Is Charged With Conflict
Lester M. Crawford was expected to plead guilty to charges of conflict of interest and lying about stock he owned in companies the agency regulates...
New York Times - October 17, 2006
Searches Carried Out in Influence Inquiry
The F.B.I. is investigating whether Representative Curt Weldon improperly helped his daughter win lobbying contracts...
New York Times - October 17, 2006
Married and Single Parents Spending More Time With Children, Study Finds
Mothers are spending at least as much time with their children today as they did 40 years ago, and the amount of child care and housework performed by fathers has sharply increased, researchers say...
New York Times - October 17, 2006
Criminal Records Erased by Courts Live to Tell Tales
Electronic record-keeping is making expungement of criminal records much harder to accomplish...
New York Times - October 17, 2006
Memo Pad
...
New York Times - October 17, 2006
KLA-Tencor and Altera See Effects of Backdated Options
The maker of programmable semiconductors discovered its former chief executive and general counsel backdated stock option grants...
New York Times - October 17, 2006
Florida Wal-Mart Workers Stage Protest
In a rare demonstration, more than 100 Wal-Mart employees rallied at a store in Hialeah Gardens, Fla., a Miami suburb...
New York Times - October 17, 2006
In a Twist, Americans Appear in Ranks of Indian Firms
A handful of fresh American college graduates are sampling the fruits of the Indian economic boom...
New York Times - October 17, 2006
Profit at Wachovia Increases 13%, but Revenue Falls Short
The Wachovia Corporation said yesterday that third-quarter profit increased 13 percent as loan demand rose, yet its revenue fell short of forecasts as lending margins declined...
New York Times - October 17, 2006
Mattel Third-Quarter Income Up 6.1%
Mattel, the world’s largest toymaker, said yesterday that third-quarter net income rose 6.1 percent as global sales of Barbie dolls increased for the first time in three years and the company introduced the T.M.X. Elmo doll...
New York Times - October 17, 2006
Liz Claiborne Names J.& J. Executive as Chief
The apparel maker Liz Claiborne said that it had selected a pharmaceuticals executive from Johnson & Johnson as its next chief executive...
New York Times - October 17, 2006
Schwab Profit Increases 29%
Charles Schwab, the discount broker, said yesterday that its third-quarter profit surged 29 percent, extending a streak of robust earnings growth that has already propelled the company to the most prosperous year in its history...
New York Times - October 17, 2006
Gap Names Head of Old Navy Unit
Gap, the clothing chain, named a former department store executive, Dawn Robertson, as head of its biggest division, Old Navy...
New York Times - October 17, 2006
Frequent Flier: Bordeaux Will Never Taste the Same
Much has changed in how music stars travel. For more and more acts, fancy tour buses are out and leased private jets are in...
New York Times - October 17, 2006
Stocks & Bonds: Dow Average Rises Tantalizingly Close to 12,000 Mark
Investors grew more optimistic that corporate profits would remain robust amid a slowing economy...
New York Times - October 17, 2006
Oshkosh to Buy JLG Industries in $3 Billion Deal
Oshkosh’s chief executive, Robert G. Bohn, said the deal continued the company’s transformation into a global specialty vehicle maker...
New York Times - October 17, 2006
Advertising: Perrier Plays with Its Venerable Brand to Draw Younger Fans
Perrier is starting a nontraditional campaign that takes the risky business step of sending up the brand name...
New York Times - October 17, 2006
A Bold Little Wine That’s Less Polluting
A team discovered that winemaking at a Sicilian winery was wasteful and needlessly polluting, and the winery has made changes...
New York Times - October 17, 2006
On the Road: The Quagmire of Making International Cellphone Calls
Advice on how to make sure you’re connected when traveling abroad with a cellphone capable of making international calls...
New York Times - October 17, 2006
Publisher and Top Editor of Toronto Star Resign
The Toronto Star, Canada’s largest newspaper, said on Monday that its publisher and its editor-in-chief had both resigned...
New York Times - October 17, 2006
Title Insurers Paid Thousands for Lavish Gifts for Referrals
The insurance companies that sell coverage to protect against problems with land titles are coming under new regulatory scrutiny...
New York Times - October 17, 2006
Russia Threatening to Revoke Lukoil Licenses
In a sign of continuing turmoil in the Russian oil industry, the government threatened to revoke oil field licenses held by Lukoil...
New York Times - October 17, 2006
Search Power Takes a Stand for Sun Power
Google said it would build a large solar electricity system to provide electricity to its office complex in Mountain View, Calif...
New York Times - October 17, 2006
Old Options Still Haunt an Insurer
An options grant made years ago to the new chief executive of UnitedHealth Group, Stephen J. Hemsley, is raising questions...
New York Times - October 17, 2006
High Crime Stifles Latin Economies
Rampant crime is robbing Latin America of up to 8 percent from national economic growth, economists and World Bank officials say...
New York Times - October 17, 2006
It’s a Shipping Container. No, It’s a Data Center in a Box.
Sun Microsystems has developed a novel “data center in a box” in an effort to transform the economics of corporate computing...
New York Times - October 17, 2006
Skills Gap Hurts Technology Boom in India
In a country once regarded as a bottomless well of low-cost, ready-to-work, English-speaking engineers, a shortage looms...
New York Times - October 17, 2006
It Pays to Have Pals in Silicon Valley
Former PayPal employees have gone on to start or join a new generation of Internet companies and other ventures, including YouTube...
New York Times - October 17, 2006
For the Super-Rich, It’s Time to Upgrade the Old Jumbo Jet
In a market in which many owners progressively upgrade, the next big thing is the Boeing 787 Dreamliner, which lists for about $150 million and up...
New York Times - October 17, 2006
Wal-Mart Said to Be Acquiring Chain in China
The company is laying the groundwork to become the biggest foreign chain in China with the purchase of a major retailer, according to people briefed on the deal...
New York Times - October 17, 2006
Disney Says It Will Link Marketing to Nutrition
Walt Disney plans to curtail the use of its name and characters with food items that do not meet new nutritional standards...
New York Times - October 17, 2006
Trial of Farc leader begins in US
The first trial in the US of a member of Colombia's largest left-wing rebel group, Farc, begins in Washington...
BBC News - October 17, 2006
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