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US News Archive for November 2007:
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S.C. Democrats Say No to Colbert
The South Carolina Democratic Party decided he wasn?t a serious candidate and turned down his application to get on the ballot...
New York Times - November 1, 2007
Serenade for a Life-Saving Dog and Cat
The ASPCA honored a Golden retriever who saved his owner from choking and a cat who alerted a family to carbon monoxide at a ceremony featuring Chuck Scarborough's singing dog...
New York Times - November 1, 2007
Bush?s Note to Congress: ?We?re at War?
President Bush said in a speech on global terrorism that some members are ?behaving as if America is not at war.?...
New York Times - November 1, 2007
Hingis Retires After Drug-Use Report
Martina Hingis announced she is retiring form professional tennis and is under investigation for a positive drug test at Wimbledon...
New York Times - November 1, 2007
Israel Destroys 7 Gaza Tunnels
The Israeli military said on Thursday that its forces had discovered and destroyed tunnels used by Hamas to smuggle arms into Gaza from Egypt...
New York Times - November 1, 2007
Motive Sought in Woman?s Murder
Police officials said that they were questioning many people in the bludgeoning death of a real estate agent to the stars...
New York Times - November 1, 2007
Senate Again Passes Child Health Bill
The Democratic-controlled Congress ignored President Bush?s threat of a second straight veto on the issue...
New York Times - November 1, 2007
Charges Dropped in F.B.I. Murder Case
Roy Lindley DeVecchio walked out of court a free man in the wake of evidence that a witness changed her account...
New York Times - November 1, 2007
Dodgers Hire Torre as Manager
Joe Torre was hired to manage the Los Angeles Dodgers two weeks after walking away from the Yankees...
New York Times - November 1, 2007
Paul W. Tibbets Jr., Pilot of Enola Gay, Dies at 92
General Tibbets commanded the B-29 Superfortress that dropped the atomic bomb on Hiroshima in World War II...
New York Times - November 1, 2007
Obama Pledges New Relationship With Iran
In an interview, Barack Obama said he would ?engage in aggressive personal diplomacy? with Iran if elected...
New York Times - November 1, 2007
London Police Faulted in 2005 Killing on Subway
Jurors cleared individual officers but blamed the force as a whole in the killing of a man misidentified as a terrorist...
New York Times - November 1, 2007
Bush Moves to Save Mukasey Nomination
President Bush said today that his nominee for attorney general was being treated unfairly by some senators and that his service is urgently needed...
New York Times - November 1, 2007
Blockbuster?s Loss Widens as Company Plans Job Cuts
Blockbuster?s third-quarter loss widened as the movie-rental company lost a half-million online customers and absorbed costs for layoffs and store closings...
New York Times - November 1, 2007
Trump Casino Earnings Up 14%
The casino operator reported a jump of nearly 14 percent in its third-quarter profit despite a small drop in revenues due to increased competition...
New York Times - November 1, 2007
Eastman Kodak Swings to Profit
An increase in digital revenue and better profit margins overshadowed a slight revenue decline, said the company, which report third-quarter profit of $37 million...
New York Times - November 1, 2007
Unilever Earnings Up 37%
The company reported net profit of 1.01 billion euros ($1.46 billion) on modest growth and lower financing costs...
New York Times - November 1, 2007
Sprint Profit and Revenue Fall Sharply
The mobile phone company said profit was down on lost subscribers and it warned of continued weakness in the fourth quarter...
New York Times - November 1, 2007
CBS Quarterly Earnings Rise
The company reported third-quarter net earnings of $343.3 million as strength in its publishing and outdoor advertising units overcame weak results from its radio division...
New York Times - November 1, 2007
Credit Suisse Profit Drops 31 Percent
Write-downs caused by the U.S. housing market slowdown and lower demand for buyout loans weighed on third-quarter profit, the bank said...
New York Times - November 1, 2007
CA Profit Rises, Margins Widen, Shares Rally
Software maker CA reported that quarterly profit more than doubled as cost cutting efforts allowed the company to grow profits faster than revenue...
New York Times - November 1, 2007
TV Anytime or Place: The Sequel
The Slingbox (not as famous as the TiVo) has a new version that is cheaper, takes up less space and is more flexible than the original...
New York Times - November 1, 2007
Electronic Arts Swings to 2nd-Quarter Loss
The video-game software publisher posted a net loss of $195 million as sales fell...
New York Times - November 1, 2007
Text of the Fed?s Statement on Cutting Interest Rates
Following is the text of a statement released by the Federal Reserve yesterday after the Fed?s monetary policy panel, the Federal Open Market Committee, decided to lower interest rates by a quarter of a percentage point:...
New York Times - November 1, 2007
MetLife?s Earnings Flat on Investment Losses
MetLife, the largest United States life insurer, said yesterday that net earnings per share were barely changed for the third quarter as it suffered investment losses, but operating net profit beat analysts? estimates...
New York Times - November 1, 2007
Weyerhaeuser Hurt by Housing Slump
Weyerhaeuser posted a sharp fall in quarterly earnings but exceeded expectations as strength in its fibers and packaging units partially offset weak demand for its wood products...
New York Times - November 1, 2007
Clorox, Buying Burt?s Bees, Is Downgraded
Clorox posted a quarterly profit yesterday that was slightly less than year?s but still better than analysts had expected, and said it would buy the privately held personal products company Burt?s Bees...
New York Times - November 1, 2007
Garmin Tops a Bid for a Mapmaker
The maker of personal navigation devices announced that it had made an unsolicited $3.3 billion offer for Tele Atlas, topping an offer by rival TomTom by 15 percent...
New York Times - November 1, 2007
?Bounty? Show Is Suspended
The cable channel A&E suspended ?Dog the Bounty Hunter? after the show?s star was said to have been overheard expressing racist insults in two recorded phone calls...
New York Times - November 1, 2007
Profit Slides 20% at Kraft
CHICAGO, Oct. 31 (AP) — Kraft Foods said Wednesday that soaring dairy prices weighed down its third-quarter profit, which fell 20 percent from results a year go that included a one-time gain...
New York Times - November 1, 2007
Profit at MasterCard Jumps 63%
Third-quarter profit for MasterCard, the credit card processor, soared past Wall Street?s expectations, jumping 63 percent in a powerful reminder that many people around the world were still making money and finding ways to spend it...
New York Times - November 1, 2007
Profit Slips at Shopping Network?s Parent
IAC/InterActiveCorp said that third-quarter profit fell 4.2 percent, but investors were reassured by signs that its key home shopping network business has begun to turn around...
New York Times - November 1, 2007
Ban on Internet Access Taxes Given a 7-Year Extension
A moratorium on Internet access taxes received a last-minute extension Wednesday, one day before it would have expired...
New York Times - November 1, 2007
Deutsche Bank Earnings Top Expectations
Deutsche Bank avoided the worst of the subprime mess, posting a better-than-expected third-quarter profit despite $3.2 billion in write-downs stemming from the loan crisis...
New York Times - November 1, 2007
Surge Will Be Brief, Economists Say
The economy expanded faster than expected in the third quarter, led by growth in exports and consumer spending, but economists said the good news would not last...
New York Times - November 1, 2007
More Jobs to Be Cut at Alcatel After Loss
Alcatel-Lucent said it plans to cut 4,000 more jobs, equal to 5 percent of its work force, on top of the 12,500 cuts it has already announced...
New York Times - November 1, 2007
Investors Divided on the Fed?s Rate Cut
While the stock market greeted the Fed?s move as a sign it will do what is necessary to prevent a recession, the news was not embraced by the bond, commodities and currency markets...
New York Times - November 1, 2007
China Raises Fuel Prices Amid Shortage
China raised gasoline and diesel prices to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas...
New York Times - November 1, 2007
Lazard Says It Doubled Earnings in Quarter
Boosted by sharp gains in advisory fees, Lazard, the investment bank run by Bruce Wasserstein, more than doubled its earnings for the third quarter...
New York Times - November 1, 2007
Wal-Mart Wants to Carry Its Christmas Ads Beyond Price
Wal-Mart plans to launch its big holiday ad campaign with an upbeat message that elevates saving money from a necessity to a virtue...
New York Times - November 1, 2007
Energy Expert Sees Hazard in Costly Oil
The growing appetite for fossil fuels in China and India is likely to keep oil prices high for the foreseeable future, threatening a global economic slowdown, a top energy expert said...
New York Times - November 1, 2007
Merck Buys License to Sell New Vaccine for Hepatitis
In an move to target the many adults who have not been vaccinated against hepatitis B, Merck has licensed a new, potentially more powerful vaccine against the disease...
New York Times - November 1, 2007
Key Senators Raise Doubts on Eavesdropping Immunity
Leaders of the Senate Judiciary Committee say they have serious concerns about a plan offering legal immunity to phone carriers that participated in the N.S.A.?s domestic eavesdropping program...
New York Times - November 1, 2007
Green Grocers (and Bakeries)
Small-business owners can benefit from conservation in two ways, by saving money and by raising their profile in the community...
New York Times - November 1, 2007
How Do You Ski if There Is No Snow?
Although the foes of global warming rarely cite ski resorts and golf courses among its victims, few livelihoods depend more on the weather than the people who work in tourism...
New York Times - November 1, 2007
It?s Halloween: U.S. Warns on Toxic Teeth
The Consumer Product Safety Commission announced a late recall, warning on Wednesday that fake Halloween teeth, marketed as Ugly Teeth and made in China, contained excessive lead...
New York Times - November 1, 2007
Is There Room at the Top for Black Executives?
The departures of two top black executives have started a debate over whether they helped to break down barriers...
New York Times - November 1, 2007
$75 Billion Fund Is Seen as Stopgap
After the nation?s biggest banks announced a $75 billion fund to stabilize credit markets, the reality is sinking in that the plan will not resuscitate the troubled investments...
New York Times - November 1, 2007
Appraisers Pressured to Inflate Home Values, Cuomo Says
The New York attorney general said a major appraisal company colluded with the nation?s largest savings and loan companies to inflate home values, contributing to the subprime mortgage crisis...
New York Times - November 1, 2007
Analyst Raises Doubts About Citigroup Dividend
A banking analyst said Citigroup may be forced to cut its dividend or sell assets to stave off a $30 billion capital shortfall, moves that could lower shareholder returns for years...
New York Times - November 1, 2007
F.T.C. Chief Vows Tighter Control of Online Ads
The commissioner of the Federal Trade Commission said that the agency would be exerting a tighter grip over online advertising...
New York Times - November 1, 2007
Personal Income and Spending Up in September
The report suggested strength in the economy, but consumption began to slow and analysts fear widespread troubles in the next few months...
New York Times - November 1, 2007
MySpace Joins Google Alliance to Counter Facebook
The alliance presents a powerful counterweight to Facebook, which has persuaded thousands of developers to create programs for its users...
New York Times - November 1, 2007
Exxon Mobil Earnings Fall With Gasoline Profits
Net income for the third quarter declined 10 percent to $9.41 billion, the company said, as margins to produce gasoline and other refined products fell sharply...
New York Times - November 1, 2007
Stocks Fall on Exxon Earnings and Citi Woes
The Dow Jones industrials closed down more than 360 points, triggered by weak earnings from Exxon Mobil and concern over Citigroup...
New York Times - November 1, 2007
Chrysler to Cut 11,000 Jobs and Drop Models
Today?s cuts, together with a previously announced elimination of 13,000 positions, represent a 30 percent reduction in Chrysler?s 2006 work force...
New York Times - November 1, 2007
Oil retreats after breaching $96
Oil prices retreat after breaching the $96-a-barrel mark and analysts expect volatility ahead...
BBC News - November 1, 2007
Berlin Games hero Woodruff dies
John Woodruff, the last survivor of the 12 US athletes who won gold at the 1936 Berlin Olympics, dies aged 92...
BBC News - November 1, 2007
Baseball: Torre gets Dodgers job
Former New York Yankees manager Joe Torre is hired to take charge of the Los Angeles Dodgers...
BBC News - November 1, 2007
Tear gas used at Venezuela rally
Troops in Caracas use tear gas and water cannon to disperse students protesting against proposed constitutional reforms...
BBC News - November 1, 2007
New child health fight for Bush
President Bush faces a fresh showdown with Congress after it votes to expand child health insurance...
BBC News - November 1, 2007
Caribbean storm deadliest so far
More than 100 people are killed by Tropical Storm Noel - making it this year's deadliest Atlantic storm...
BBC News - November 1, 2007
TierneyLab: Is Nutrition Science Really Science?
I was hoping to slow the ban-trans-fat cascade by wondering if it would lead to bans of sugar and high-fructose corn syrup — but some readers liked the idea of outlawing those sweeteners. Well, I guess I shouldn’t be surprised. But before we pass any more laws on what to eat, I wish we’d take [...]...
New York Times - November 1, 2007
Bats Blog: Torre?s Move Could Set Up Mattingly
Jay Schreiber in the New York Times newsroom. (Earl Wilson/The New York Times) Murray Chass pointed out yesterday that there is a danger for Joe Torre to keep managing at the age of 67 after a dozen successful years with the New York Yankees. If Torre comes back and manages in Los Angeles, he’ll be in charge [...]...
New York Times - November 1, 2007
The Lede Blog: In Wildfire Case, Age Makes a Difference
Is he 10 or 12? What a difference a couple years make...
New York Times - November 1, 2007
City Room: ?Suicide Tourism? in New York City
A new study examines suicides in New York City that were committed by out-of-towners who traveled here specifically to kill themselves...
New York Times - November 1, 2007
The Caucus Blog: Candidates Flock to South Carolina
South Carolina is seeing swarms of candidates, both because it's in the early line-up of primaries -- and because about a third of the voters are undecided, which makes for ripe pickings...
New York Times - November 1, 2007
Pilot of Enola Gay Dies at 92
Paul Tibbets piloted the B-29 bomber that dropped the atomic bomb on Hiroshima...
New York Times - November 1, 2007
Rule Jostles Runners Who Race to Their Own Tune
Running?s national governing body has banned the use of headphones and portable audio players at its official races...
New York Times - November 1, 2007
Murder Charges Dropped Against Ex-F.B.I. Agent
Roy Lindley DeVecchio walked out of court a free man in the wake of evidence that a witness changed her account...
New York Times - November 1, 2007
Bush Moves to Save Mukasey Nomination
President Bush said today that his nominee for attorney general was being treated unfairly by some senators and that his service is urgently needed...
New York Times - November 1, 2007
Sprint Profit and Revenue Fall Sharply
The mobile phone company said profit was down on lost subscribers and it warned of continued weakness in the fourth quarter...
New York Times - November 1, 2007
Eastman Kodak Swings to Profit
An increase in digital revenue and better profit margins overshadowed a slight revenue decline, said the company, which report third-quarter profit of $37 million...
New York Times - November 1, 2007
Credit Suisse Profit Drops 31 Percent
Write-downs caused by the U.S. housing market slowdown and lower demand for buyout loans weighed on third-quarter profit, the bank said...
New York Times - November 1, 2007
Is There Room at the Top for Black Executives?
The departures of two top black executives have started a debate over whether they helped to break down barriers...
New York Times - November 1, 2007
Appraisers Pressured to Inflate Home Values, Cuomo Says
The New York attorney general said a major appraisal company colluded with the nation?s largest savings and loan companies to inflate home values, contributing to the subprime mortgage crisis...
New York Times - November 1, 2007
Exxon Mobil Earnings Fall With Gasoline Profits
Net income for the third quarter declined 10 percent to $9.41 billion, the company said, as margins to produce gasoline and other refined products fell sharply...
New York Times - November 1, 2007
Personal Income and Spending Up in September
The report suggested strength in the economy, but consumption began to slow and analysts fear widespread troubles in the next few months...
New York Times - November 1, 2007
Stocks Fall Sharply in Early Trading
The Dow Jones industrials dropped more than 200 points, triggered by weak earnings from Exxon Mobil and concern over Citigroup...
New York Times - November 1, 2007
Chrysler to Cut 11,000 Jobs and Drop Models
The new round of job cuts is deeper than anticipated and comes on the heels of a new union contract...
New York Times - November 1, 2007
South Carolina feels pinch
The collapse of the US housing market is sending ripples out to the broader economy, as Claire Bolderson finds in the state of South Carolina...
BBC News - November 1, 2007
Chrysler to cut 10,000 more jobs
Car firm Chrysler plans to cut up to 10,000 jobs, months after it was bought by a leading private equity firm...
BBC News - November 1, 2007
Soaring oil climbs past $96 mark
Oil prices pass the $96-a-barrel mark after figures showed a surprise fall in US reserves...
BBC News - November 1, 2007
Bush stands by Mukasey
President Bush defends his nominee for attorney general as he faces pressure over his views on torture...
BBC News - November 1, 2007
Police guilty over Menezes case
London's police broke health and safety laws over the fatal shooting of innocent Brazilian Jean Charles de Menezes...
BBC News - November 1, 2007
Cavalli?s New Collection for H&M
Looks from Roberto Cavalli?s new collection for H&M. It?s Halloween, so I figured this was a good moment to share a few thoughts on Roberto Cavalli?s new collection for H&M. It goes on sale Nov. 8, but after seeing a preview in the H&M showroom, I think the company missed an opportunity by not pushing the [...]...
New York Times - November 1, 2007
Little Progress in Hollywood as Contract Expires
Hollywood writers prepared for a strike that could begin as early as Friday, as the two sides broke off talks after making little progress toward a new deal...
New York Times - November 1, 2007
A Rate Cut by the Fed, but a Sense It Stops Here
The Federal Reserve gave investors what they wanted, lowering interest rates for the second time in two months, but it pointedly warned Wall Street not to expect more cuts ahead...
New York Times - November 1, 2007
Would A-Rod Move to Queens?
We know the Mets are actually a little bit interested in Alex Rodriguez. Certainly the front office is interested. Whether or not the team?s principal owner, Fred Wilpon, and his son, the team?s president, Jeff Wilpon, want to spend that kind of money for A-Rod is a whole other question. Jay Schreiber: If [...]...
New York Times - November 1, 2007
Suicide Bomber Kills 8 in Pakistan
A suicide bomber struck a Pakistan Air Force bus in the central city of Sargodha, officials said...
New York Times - November 1, 2007
In Rape Case, a French Youth Takes On Dubai
When it comes to the protection of foreigners, Dubai?s criminal legal system remains perilous...
New York Times - November 1, 2007
Japan Halts Afghanistan Support Role
Japan?s defense minister ordered ships supporting U.S.-led forces in Afghanistan to return home after opposition lawmakers refused to support an extension of the mission, saying it violated the country?s pacifist Constitution...
New York Times - November 1, 2007
Immigration: From Talking Point to Sore Point
A plan to grant driver?s licenses to illegal immigrants was debate fodder for Senator Hillary Rodham Clinton?s rivals...
New York Times - November 1, 2007
Rule Jostles Runners Who Race to Their Own Tune
Running?s national governing body has banned the use of headphones and portable audio players at its official races...
New York Times - November 1, 2007
An Unanswered Question: Who Follows Mubarak?
The issue of succession is so delicate that Egypt?s government threatened to imprison an editor after his newspaper ran stories that the Egyptian president was ill...
New York Times - November 1, 2007
Blackwater Mounts a Defense With Top Washington Talent
The security company, its reputation in tatters and its government contracts in jeopardy, has begun a legal, political and public relations counterstrike...
New York Times - November 1, 2007
Ex-F.B.I. Agent?s Trial Fizzles, as Does Chief Witness
Prosecutors are expected to drop a murder case against Roy Lindley DeVecchio after taped interviews showed that a gangster?s mistress had changed her account...
New York Times - November 1, 2007
Nominee?s Stand May Avoid Tangle of Torture Cases
Fear of opening the door to criminal or civil liability appeared to loom large in answers to senators by Michael B. Mukasey, the attorney general nominee...
New York Times - November 1, 2007
MetLife?s Earnings Flat on Investment Losses
MetLife, the largest United States life insurer, said yesterday that net earnings per share were barely changed for the third quarter as it suffered investment losses, but operating net profit beat analysts? estimates...
New York Times - November 1, 2007
?Bounty? Show Is Suspended
The cable channel A&E suspended ?Dog the Bounty Hunter? after the show?s star was said to have been overheard expressing racist insults in two recorded phone calls...
New York Times - November 1, 2007
China Raises Fuel Prices Amid Shortages
China raised gasoline and diesel prices to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas...
New York Times - November 1, 2007
Energy Expert Sees Hazard in Costly Oil
The growing appetite for fossil fuels in China and India is likely to keep oil prices high for the foreseeable future, threatening a global economic slowdown, a top energy expert said...
New York Times - November 1, 2007
How Do You Ski if There Is No Snow?
Although the foes of global warming rarely cite ski resorts and golf courses among its victims, few livelihoods depend more on the weather than the people who work in tourism...
New York Times - November 1, 2007
Little Progress in Hollywood as Contract Expires
Hollywood writers prepared for a strike that could begin as early as Friday, as the two sides broke off talks after making little progress toward a new deal...
New York Times - November 1, 2007
Analyst Raises Doubts About Citigroup Dividend
A banking analyst said Citigroup may be forced to cut its dividend or sell assets to stave off a $30 billion capital shortfall, moves that could lower shareholder returns for years...
New York Times - November 1, 2007
A Rate Cut by the Fed, but a Sense It Stops Here
The Federal Reserve gave investors what they wanted, lowering interest rates for the second time in two months, but it pointedly warned Wall Street not to expect more cuts ahead...
New York Times - November 1, 2007
Google shares pass $700 mark
Google's shares pass $700 for the first time, lifted by reports it plans to enter the mobile phone market...
BBC News - November 1, 2007
Drug subs seized in Colombia
The Colombian navy seizes two homemade submarines believed to have been built to smuggle cocaine...
BBC News - November 1, 2007
Huge fine for anti-gay US church
A US church which cheered a soldier's death as retribution for homosexuality is told to pay $11m in damages...
BBC News - November 1, 2007
City Room: Lore About Haunted New York
A second set of answers from Kate Davey, an expert on haunted New York, who is taking questions from readers this week in honor of Halloween...
New York Times - November 1, 2007
The Lede Blog: Seizing the Slide in Iraq Violence
The Government Accountability Office's latest update on Iraq statistics...
New York Times - November 1, 2007
Gang Member Is Convicted Under Terror Law
Jurors in the Bronx for the first time found a defendant guilty under a state law aimed at international terrorism organizations, and the defendant did not fit the stereotype of a terrorist...
New York Times - November 1, 2007
Immigration: From Talking Point to Sore Point
A plan to grant driver?s licenses to illegal immigrants was fodder for Hillary Rodham Clinton?s rivals Tuesday night...
New York Times - November 1, 2007
Survivor of Steam Blast, in Pain, Relives Escape
Gregory McCullough talks about the few moments he remembers from the Midtown steam pipe blast in July that left third-degree burns over most of his body...
New York Times - November 1, 2007
Rule for Marathoners Who Run to Their Own Tune
USA Track & Field has banned the use of headphones and portable audio players at its official races to ensure safety and prevent runners from having a competitive edge...
New York Times - November 1, 2007
Ex-F.B.I. Agent?s Murder Trial Fizzles, as Does Chief Witness
Prosecutors said they would drop the murder case against a retired F.B.I. supervisor after tapes discredited the main witness, a gangster?s mistress...
New York Times - November 1, 2007
Nominee?s Stand Avoiding Tangle of Torture Cases
Fear of opening the door to criminal or civil liability for torture or abuse appeared to loom large in Michael B. Mukasey?s answers to committee members...
New York Times - November 1, 2007
Text of the Fed?s Statement on Cutting Interest Rates
Following is the text of a statement released by the Federal Reserve yesterday after the Fed?s monetary policy panel, the Federal Open Market Committee, decided to lower interest rates by a quarter of a percentage point:...
New York Times - November 1, 2007
Clorox, Buying Burt?s Bees, Is Downgraded
Clorox posted a quarterly profit yesterday that was slightly less than year?s but still better than analysts had expected, and said it would buy the privately held personal products company Burt?s Bees...
New York Times - November 1, 2007
Profit Slides 20% at Kraft
CHICAGO, Oct. 31 (AP) ? Kraft Foods said Wednesday that soaring dairy prices weighed down its third-quarter profit, which fell 20 percent from results a year go that included a one-time gain...
New York Times - November 1, 2007
Weyerhaeuser Hurt by Housing Slump
Weyerhaeuser posted a sharp fall in quarterly earnings but exceeded expectations as strength in its fibers and packaging units partially offset weak demand for its wood products...
New York Times - November 1, 2007
Profit Slips at Shopping Network?s Parent
IAC/InterActiveCorp said that third-quarter profit fell 4.2 percent, but investors were reassured by signs that its key home shopping network business has begun to turn around...
New York Times - November 1, 2007
Garmin Tops a Bid for a Mapmaker
The maker of personal navigation devices announced that it had made an unsolicited $3.3 billion offer for Tele Atlas, topping an offer by rival TomTom by 15 percent...
New York Times - November 1, 2007
Profit at MasterCard Jumps 63%
Third-quarter profit for MasterCard, the credit card processor, soared past Wall Street?s expectations, jumping 63 percent in a powerful reminder that many people around the world were still making money and finding ways to spend it...
New York Times - November 1, 2007
Lazard Says It Doubled Earnings in Quarter
Boosted by sharp gains in advisory fees, Lazard, the investment bank run by Bruce Wasserstein, more than doubled its earnings for the third quarter...
New York Times - November 1, 2007
Deutsche Bank Earnings Top Expectations
Deutsche Bank avoided the worst of the subprime mess, posting a better-than-expected third-quarter profit despite $3.2 billion in write-downs stemming from the loan crisis...
New York Times - November 1, 2007
State of the Art: Once Upon a Time, There Was a Slingbox
The Slingbox (not as famous as the TiVo) has a new version that is cheaper, takes up less space and is more flexible than the original...
New York Times - November 1, 2007
Green Grocers (and Bakeries)
Small business owners can save money with small efforts to conserve energy, and they can raise their profile in the community too...
New York Times - November 1, 2007
Merck Buys License to Sell New Vaccine for Hepatitis
Merck has licensed the exclusive worldwide rights to sell a new, potentially more powerful vaccine against hepatitis B from Dynavax Technologies Corporation, a biotechnology company that is exploiting new findings about how the immune system works...
New York Times - November 1, 2007
Key Senators Raise Doubts on Eavesdropping Immunity
Leaders of the Senate Judiciary Committee say they have serious concerns about a plan offering legal immunity to phone carriers that participated in the N.S.A.?s domestic eavesdropping program...
New York Times - November 1, 2007
Ban on Internet Access Taxes Given a 7-Year Extension
A moratorium on Internet access taxes received a last-minute extension Wednesday, one day before it would have expired...
New York Times - November 1, 2007
Investors Divided on the Fed?s Rate Cut
While the stock market greeted the Fed?s move as a sign it will do what is necessary to prevent a recession, the news was not embraced by the bond, commodities and currency markets...
New York Times - November 1, 2007
Advertising: Wal-Mart Wants to Carry Its Christmas Ads Beyond Price
Wal-Mart launches its big holiday ad campaign with an upbeat message that aims to promote low prices by elevating saving money from a necessity to a virtue...
New York Times - November 1, 2007
More Jobs to Be Cut at Alcatel After Loss
Alcatel-Lucent said it plans to cut 4,000 more jobs, equal to 5 percent of its work force, on top of the 12,500 cuts it has already announced...
New York Times - November 1, 2007
Surge Will Be Brief, Economists Say
The economy expanded faster than expected in the third quarter, led by growth in exports and consumer spending, but economists said the good news would not last...
New York Times - November 1, 2007
Veto Likely for a Bill Favoring Workers
The House voted to expand a program to help workers hurt by imports or overseas competition, setting up a fight with President Bush, who has vowed to veto the measure...
New York Times - November 1, 2007
It?s Halloween: U.S. Warns on Toxic Teeth
The Consumer Product Safety Commission announced a late recall, warning on Wednesday that fake Halloween teeth, marketed as Ugly Teeth and made in China, contained excessive lead...
New York Times - November 1, 2007
Little Progress in Hollywood Talks
Hollywood writers prepared for a strike that could begin as early as Friday, as the two sides broke off talks on Wednesday night after making little progress toward a new deal...
New York Times - November 1, 2007
$75 Billion Fund Is Seen as Stopgap
After the nation?s biggest banks announced a $75 billion fund to stabilize credit markets, the reality is sinking in that the plan will not resuscitate troubled investment funds...
New York Times - November 1, 2007
F.T.C. to Review Online Ads and Privacy
A coalition of privacy groups asked the government today to set up a mandatory do-not-track list for the Internet...
New York Times - November 1, 2007
Analyst Says Citigroup Faces $30 Billion Capital Shortfall
A long-time banking analyst called for Citigroup to cut its dividend or sell assets to stave off a $30 billion capital shortfall, a move that could pull down earnings for years...
New York Times - November 1, 2007
A Rate Cut, but a Sense It Stops Here
The Federal Reserve gave investors what they wanted, lowering interest rates for the second time in two months, but pointedly warning Wall Street not to expect more cuts ahead...
New York Times - November 1, 2007
After 2 Notable Departures, Black Executives Ask: Is There Room at the Top?
The departures of E. Stanley O?Neal and Richard D. Parsons have started a debate over whether they broke down barriers for younger black executives who seek the corner office...
New York Times - November 1, 2007
Caribbean storm deaths toll rises
More than 60 people are confirmed dead after tropical storm Noel's hit the Dominican Republic and Haiti...
BBC News - November 1, 2007
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