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Invasive mussel confirmed in Utahs Electric Lake
Southern Ledger - November 21, 2008
Microsoft lets Zune music subscribers keep tunes
Southern Ledger - November 21, 2008
Astronauts end spacewalk to repair gummed-up joint
Southern Ledger - November 21, 2008
Madonna, Ritchie get preliminary divorce decree
Southern Ledger - November 21, 2008
Madonna, Ritchie granted preliminary divorce
Southern Ledger - November 21, 2008
UN expects new peacekeepers in Congo in weeks
Southern Ledger - November 21, 2008
Warsaw marks borders of former ghetto
Southern Ledger - November 21, 2008
Afghanistan markets its brand of pomegranates
Southern Ledger - November 21, 2008
China says 19,000 students died in May earthquake
Southern Ledger - November 21, 2008
Alaska Sen. Stevens concedes in re-election race
Southern Ledger - November 21, 2008
Sorenstam has some work to do at ADT Championship
Southern Ledger - November 21, 2008
Asia, Europe stocks rebound after Wall Street rout
Southern Ledger - November 21, 2008
Urban growers go high-tech to feed city dwellers
Southern Ledger - November 21, 2008
On Capitol Hill, campaign rivals take orientation
Southern Ledger - November 21, 2008
Minnesota recount under way in US Senate showdown
Southern Ledger - November 21, 2008
Atty. Gen. Mukasey collapses during speech
Southern Ledger - November 21, 2008
European, Asian markets rebound despite US losses
Southern Ledger - November 21, 2008
Calif. trains collide no serious injuries
Southern Ledger - November 21, 2008
 
Home >US News Archive  > Year 2007  > July  > 18 July 2007

US News Archive for July 2007:
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Va. Drivers Revolt Against Big Fines
Virginia is imposing fines as high as $2,500 for going 20 miles above the speed limit or other reckless driving...
New York Times - July 18, 2007
Jerry Hadley, Operatic Tenor, Is Dead
The American tenor was noted for his bright lyric voice, lively acting and adventurous choice of repertory...
New York Times - July 18, 2007
Gannett?s 2nd-Quarter Profit Rises on Asset Sales
The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising...
New York Times - July 18, 2007
Altria 2Q Profit Drops 18 Percent
NEW YORK (AP) -- Wall Street got more hints that Altria Group Inc., owner of the Philip Morris cigarette companies, may be closer to splitting its domestic and international divisions...
New York Times - July 18, 2007
Johnson Controls Reports 17 Percent Increase in Profit
Johnson Controls reported a 17 percent increase in fiscal third-quarter earnings Wednesday as sales in its building efficiency and power segments jumped...
New York Times - July 18, 2007
Imperial Tobacco to Buy Altadis for $17 Billion
If approved, the deal would be the largest acquisition in the European tobacco industry...
New York Times - July 18, 2007
Delphi Accepts $2.55 Billion Investment Plan
The arrangement, led by Appaloosa Management, replaces a $3.4 billion plan that was scrapped after the primary investor withdrew...
New York Times - July 18, 2007
Bush Creates Panel to Review Food Imports
Although the step coincides with concern about tainted imports from China, the White House insisted that the safety effort was not aimed at that country...
New York Times - July 18, 2007
Oil Industry Offers Sobering Outlook on Supply
A report by the National Petroleum Council, billed as a comprehensive analysis of the world?s energy challenge, involved 350 participants and suggestions from over 1,000 people...
New York Times - July 18, 2007
EBay Reports 50% Rise in Income
The online auctioneer?s quarterly earnings beat Wall Street estimates by 2 cents a share, as sales were up 30 percent from a year earlier...
New York Times - July 18, 2007
Fed Chief Cautious on Economy
Ben S. Bernanke said he expected ?moderate? growth, but that problems in the housing market had tempered the forecast...
New York Times - July 18, 2007
I.B.M. Earnings Up on Software Gains
The company?s performance shows that it is making progress in its shift toward selling higher-margin software...
New York Times - July 18, 2007
Americans Still Flock to Europe as Dollar Drops
The steep decline of the dollar against the euro has made eye-popping prices a lamentable part of the traveler?s tale...
New York Times - July 18, 2007
Football: Fifa called in over Tevez
Man Utd and West Ham ask Fifa to intervene in the Carlos Tevez dispute...
BBC News - July 18, 2007
Canada declines to support Black
Canadian PM says his government will not help the convicted tycoon restore his citizenship or return to Canada from the US...
BBC News - July 18, 2007
Argentine's trial backed in Spain
A Spanish court rules that a former Argentine navy officer can be tried for alleged human rights abuses...
BBC News - July 18, 2007
Pearl widow seeks damages
The widow of murdered US journalist Daniel Pearl sues a Pakistani bank over his abduction and murder...
BBC News - July 18, 2007
Florida ends death penalty halt
Florida's governor ends a temporary halt on capital punishment that was imposed after a botched execution...
BBC News - July 18, 2007
State Ban on Texting While Driving Proposed
A bill by a state senator in New York would make it illegal to send or read text messages while behind the wheel...
New York Times - July 18, 2007
Bush Creates Panel for Food Imports
The White House denied that the government panel was aimed primarily at China...
New York Times - July 18, 2007
CIT Group Posts Quarterly Loss, Cuts Outlook
NEW YORK (Reuters) - CIT Group Inc. , a consumer and commercial finance company, posted a second-quarter loss on Wednesday and cut its earnings forecast for the rest of the year as it exits home lending...
New York Times - July 18, 2007
Gannett Profit Rises on Asset Sales
Gannett Co. (NYSE:GCI) , the largest newspaper publisher in the country and owner of USA Today, reported increased profits from the second quarter on Wednesday on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising...
New York Times - July 18, 2007
United Technologies Profit Up 4 Percent
HARTFORD, Conn. (AP) -- United Technologies Corp., citing growth in commercial aerospace and construction, reported second-quarter profits of nearly $1.15 billion Wednesday, up 4 percent from the same quarter last year...
New York Times - July 18, 2007
Altria 2Q Profit Drops 18.3 Percent
NEW YORK (AP) -- Altria Group Inc., owner of the Philip Morris cigarette companies, said Wednesday that second-quarter income fell more than 18 percent but also reported a rise in profit from continuing operations and revenue...
New York Times - July 18, 2007
AMR Quarterly Profit Rises, but Weather Hurt
CHICAGO (Reuters) - AMR Corp , parent of the world's largest airline American Airlines, on Wednesday posted a second-quarter profit that fell short of Wall Street expectations, weakened by severe weather disruptions...
New York Times - July 18, 2007
Southwest Airlines Profit Falls 17 Percent
DALLAS (AP) -- Southwest Airlines on Wednesday reported a 17 percent decline in second-quarter profits as rising fuel costs weighed on results...
New York Times - July 18, 2007
Pfizer 2nd-Quarter Profit Falls 48 Percent
NEW YORK (AP) -- Drugmaker Pfizer Inc. said Wednesday its second-quarter profit fell 48 percent year-over-year, hurt by the loss of patent exclusivity for its Zoloft and Norvasc drugs and by sluggish sales of blockbuster cholesterol drug, Lipitor, in the United States...
New York Times - July 18, 2007
Delta Air Lines Posts $1.77 Billion Profit
ATLANTA (AP) -- Delta Air Lines Inc., the nation's third-largest carrier, cited a 5.5 percent gain in sales as it reported Wednesday that it swung to a profit in the second quarter, which saw it emerge from bankruptcy after shaving billions of dollars in costs...
New York Times - July 18, 2007
Abbott Laboratories? Profit Jumps More Than 61 Percent
The medical device and drug maker credited strong sales of its migraine and Crohn?s disease treatments...
New York Times - July 18, 2007
JPMorgan Chase Profit Rises 20 Percent
NEW YORK (AP) -- JPMorgan Chase & Co. on Wednesday reported a 20 percent jump in second-quarter profit, as the nation's third-largest bank benefited from a surge in investment banking fees...
New York Times - July 18, 2007
Consumers Get a Break at the Gas Pumps
Food costs went up again but consumers got a break at the gas pumps in June, helping to lower inflation to 0.2 percent, the smallest increase in five months...
New York Times - July 18, 2007
Rally Snapped on Subprime Jitters
Stocks headed for a lower open today amid renewed concerns that soured subprime loans will wreak financial havoc and upend the recent run-up on Wall Street...
New York Times - July 18, 2007
Imperial Tobacco to Buy Altadis for $17.4 Billion
The British company?s acquisition of its French-Spanish rival will make it the second only to Altria in the European cigarette industry...
New York Times - July 18, 2007
Fed Chief Cautious on Economy
Ben Bernanke told Congress today that the economy will grow gradually this year, but he stressed the need to guard against inflation...
New York Times - July 18, 2007
Lipitor slide hits Pfizer profits
Global drugs giant Pfizer sees profits fall after a drop in worldwide sales of cholesterol drug Lipitor...
BBC News - July 18, 2007
US price growth relents in June
US inflation was little changed in June as higher food costs were offset by a dip in petrol, figures show...
BBC News - July 18, 2007
Abbas to Support Early Elections
Palestinian President Mahmoud Abbas said he will support an expected decision by a top P.L.O. decision-making body to call early elections...
New York Times - July 18, 2007
16 Pakistani Soldiers Killed in Attack
Suspected militants attacked security forces in northwest Pakistan Wednesday, killing 16 soldiers and wounding up to 21 others in two separate strikes against military convoys, officials said...
New York Times - July 18, 2007
Dow Jones Board Reaches Deal With Murdoch
A final decision will be made by the company?s controlling family, the Bancrofts, which could seek to scuttle the sale...
New York Times - July 18, 2007
Beckham Galaxy debut in doubt
LA Galaxy head coach Frank Yallop says David Beckham has a 50-50 chance of facing Chelsea on Saturday...
BBC News - July 18, 2007
Football: Man U call in Fifa over Tevez
Man Utd chief executive David Gill says the club has asked Fifa to intervene in the Carlos Tevez dispute...
BBC News - July 18, 2007
Dow Jones backs News Corp
The board of US media firm Dow Jones votes to back a $5bn takeover by Rupert Murdoch's News Corporation...
BBC News - July 18, 2007
Dogfighting Charges Filed Against Falcons? Vick
The Falcons? Michael Vick has been indicted on charges that he sponsored and gambled on dogfighting and authorized acts of cruelty against animals on property that he owned...
New York Times - July 18, 2007
New Potter Book May Have Made Its Way to Web
What appear to be pages from the eagerly awaited final installment in the series have been circulating online...
New York Times - July 18, 2007
Fingers Point as Traffic Plan Runs Aground
State officials say that Mayor Michael R. Bloomberg used a doomed strategy to push for congestion pricing...
New York Times - July 18, 2007
The Philharmonic Picks New Music Director
The New York Philharmonic reached into its family tree and plucked Alan Gilbert, the 40-year-old son of two Philharmonic musicians, as its next music director...
New York Times - July 18, 2007
Abstinence Education Faces an Uncertain Future
Opponents of abstinence education cite a study that found no sign that it delayed a teenager?s sexual debut...
New York Times - July 18, 2007
In Mississippi, Ruling Is Seen as Racial Split
A court ruling that forces voters to register by party could return Mississippi to the days of racially polarized politics...
New York Times - July 18, 2007
Where Campaign Money Goes
Finance reports show that candidates are already building up operations in several states whose early primaries have forced a burst of spending...
New York Times - July 18, 2007
Acquisition Bolstered Quarterly Profit at Johnson & Johnson
Johnson & Johnson posted a 9 percent increase in second-quarter profit yesterday, as the acquisition of Pfizer?s consumer health products line offset a continuing decline in sales of its stents and a top drug...
New York Times - July 18, 2007
The Cost of Borrowing Moves Up
Debt is becoming more expensive, but there seems to be no shortage of investment capital available for commercial real estate, particularly in hot markets like Manhattan...
New York Times - July 18, 2007
Quarterly Results Are Mixed as U.S. Banks Report
Higher customer fees offset rising loan losses and pressure from interest rates and mortgage lending...
New York Times - July 18, 2007
Producer Prices Fell in June as Factory Output Rebounded
The producer price index declined by 0.2 percent last month after shooting up by 0.9 percent in May, the Labor Department said, citing cheaper energy...
New York Times - July 18, 2007
Coke Exceeds Expectations for Quarter
The company said that Coca-Cola Zero soda and Dasani bottled water spurred the biggest sales increase in almost 13 years...
New York Times - July 18, 2007
Investment Banking Strength Helps Merrill Profit Rise 30%
The nation?s largest retail brokerage said stronger investment banking results and fees from stock transactions helped boost profit to $2.07 billion...
New York Times - July 18, 2007
Banking Regulators to Increase Scrutiny of Subprime Lenders
A pilot program by the Federal Reserve and state banking regulators will examine firms that account for the majority of subprime loans...
New York Times - July 18, 2007
Plains, an Oil and Gas Producer, to Buy Pogo
The Plains Exploration and Production Company said it would nearly double its output by acquiring the Pogo Producing Company in a $3.6 billion stock-and-cash deal...
New York Times - July 18, 2007
Whole Foods Chief Apologizes for Posts
Using the name ?Rahodeb,? John P. Mackey, had boasted about Whole Foods and attacked its rival Wild Oats Markets on Internet sites...
New York Times - July 18, 2007
Square Feet: 3 Nonprofit Groups Get a Manhattan Deal: $1 a Year
The Battery Park City Authority has selected a handful of nonprofit groups to receive leases with the same favorable terms ? $1 a year rent until 2069...
New York Times - July 18, 2007
In The Hunt: Women Take Off the Gloves and Come Out Multitasking
Women speak out on multitasking and so-called emotionalism in business...
New York Times - July 18, 2007
Southwest Offering Buyouts to 8,700 Employees
The airline is offering the buyouts in an effort to cut costs as the discount carrier heads into a period of expected slower growth...
New York Times - July 18, 2007
Access Industries to Buy Lyondell Chemical
Basell, a Dutch company owned by Access, will pay $48 a share, or $12.1 billion in cash, for Lyondell, a 20 percent premium to the company?s closing price on Monday...
New York Times - July 18, 2007
Web Site for Job Seekers Is Sold
The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $23 million for Mediabistro.com...
New York Times - July 18, 2007
2 Medtronic Neck Disks Win Panel Approval
Analysts said Medtronic now has a commanding head start in the race to move artificial disk technology from the lower to the upper spine...
New York Times - July 18, 2007
S.E.C. Chief Seeks New Clout for Board Overseeing States
Christopher Cox will call for the passage of several measures intended to bolster the powers of the board that oversees financial disclosures by state and local governments...
New York Times - July 18, 2007
Microsoft Game Chief Moves to Electronic Arts
After overseeing the rising fortunes of the Xbox 360 game console, Peter Moore will run the sports division of the leading game publisher...
New York Times - July 18, 2007
Dow, Flirting With 14,000, Falls Short at Close
The Dow Jones industrial average climbed above 14,000 for the first time today before giving up much of its gains late in the trading session...
New York Times - July 18, 2007
Intel Earnings Rise 44%, but Shares Fall
The chip maker, a closely watched indicator of the overall health of the technology industry, reported net income of $1.3 billion, on revenue of $8.7 billion in the second quarter...
New York Times - July 18, 2007
SunRocket Users May Lose Service and Payments
More than 200,000 customers of the internet company could lose telephone access and money paid in advance now that it has gone out of business...
New York Times - July 18, 2007
Yahoo Profits Steady; Revenue Up 8%
Yahoo said its net income for the second quarter was $161 million, or 11 cents a share, almost unchanged from the same period a year ago, as revenues rose to $1.7 billion...
New York Times - July 18, 2007
Market Place: Buyout Firm Said to Seek a Private Market Offering
Apollo Management plans to sell shares of itself quickly while avoiding the disclosure involved in a public offering...
New York Times - July 18, 2007
Warner Music Declines to Bid for EMI Group
The decision will at least suspend further consolidation of the global music industry even as album sales plummet...
New York Times - July 18, 2007
Advertising: Google to Expand Program, Giving Newspapers a Lift
The company will significantly expand its Print Ads program, in which advertisers purchase ads in newspapers through the Web...
New York Times - July 18, 2007
Bear Stearns Says Battered Hedge Funds Are Worth Little
The company told investors that two of its troubled hedge funds that bet heavily on risky subprime loans now have ?very little value.?...
New York Times - July 18, 2007
Chrysler, Citing Fuel Standards, Drops Plans for Big Luxury Sedan
Chrysler is the first carmaker to announce a change in production plans related to efforts in Congress to require vehicles sold in the United States to consume less gasoline...
New York Times - July 18, 2007
F.D.A. Inspections Lax, Congress Is Told
According to testimony Tuesday, exporters have been able to bring tainted products into the U.S. because the F.D.A. has neither enough resources nor inspectors to stop them...
New York Times - July 18, 2007
Economic Scene: Some Records Aren?t Worth the Hoopla
The attention that?s being showered on ?Dow 14,000? goes a long way toward explaining why our economy has become so susceptible to speculative bubbles...
New York Times - July 18, 2007
Silent Hands Behind the iPhone
With little fanfare, Taiwan companies are playing a big role not only in the production of Apple?s latest device but in a wide array of other communications equipment...
New York Times - July 18, 2007
I.B.M. Showing That Giants Can Be Nimble
I.B.M. has been reorganized from a classic multinational company to a more seamless global enterprise...
New York Times - July 18, 2007
Package of Deals Proposed to Save Global Trade Talks
The World Trade Organization called on the United States and Europe to lower their farm barriers in return for greater export access to India, Brazil and other developing countries...
New York Times - July 18, 2007
Dow Board Reaches Deal With Murdoch
The board?s support for a deal would leave a final decision to be made by Dow Jones? fractious controlling family, the Bancrofts, which could still seek to scuttle the sale...
New York Times - July 18, 2007
Limiting Ads of Junk Food to Children
Eleven big food companies have agreed to stop advertising products that do not meet certain nutritional standards to children under 12...
New York Times - July 18, 2007
Cuba accuses US over entry visas
Cuba accuses the US of issuing fewer entry visas to Cubans than allowed for by a deal between the two countries...
BBC News - July 18, 2007
 
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SHOULD AMERICAN TAXPAYERS PAY THE TAB TO BAILOUT THE BIG THREE AUTOMAKERS?
NO WAY, NO HOW!!!
YES, THE INDUSTRY IS MUCH TOO IMPORTANT FOR US TO LET IT FAIL.
IT DEPENDS ON THE TERMS OF THE DEAL. WHAT INTEREST RATE WILL THEY PAY FOR THE CASH? WHAT DO WE GET AS COLLATERAL?
LET'S BAILOUT TWO OF THE THREE AND LET ONE FAIL. THEY SHOULD COMPETE TO BE IN THE TOP TWO BY CUTTING COSTS AND WAGES!
YES, BECAUSE WE CAN SAVE THEM JUST LIKE WE SAVED THE BANKS, INSURANCE COMPANIES, ETC.
NOT SURE.
 
 

Previous Articles:

WILL AMERICA COME TOGETHER AFTER THE ELECTION?
October 30, 2008 - November 4, 2008

WHY VOTERS ARE FURIOUS ABOUT THE BAILOUT PACKAGE.
October 5, 2008 - October 11, 2008

BOGUS POLL INTENDED TO BOOST OBAMA.
September 27, 2008 - October 4, 2008

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