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US News Archive for February 2008:
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Hello, Universe. Meet the Beatles.
Commemorating 50 years in space on Monday, the agency will indulge its inner DJ...
New York Times - February 1, 2008
Kenya Peace Plan Reached, but Thievery Persists
Kenya?s countryside seems to be settling into a state of lawlessness that is more reminiscent of the checkpoint culture in Somalia or Darfur, Sudan...
New York Times - February 1, 2008
Voting Absentee Twice in New Jersey
A state judge, Vincent J. Grasso of Superior Court in Ocean County, has ruled that New Jersey voters who cast absentee ballots for a candidate who has dropped out of the presidential race can vote again...
New York Times - February 1, 2008
Knoblauch Talks to House Panel
Chuck Knoblauch gave 90 minutes of closed-door testimony to congressional staff Friday and told reporters he wanted to do his part to clean up drugs in baseball...
New York Times - February 1, 2008
Goodell Defends Handling of Spying Case
Commissioner Roger Goodell said he was willing to meet with Senator Arlen Specter to explain the destruction of tapes from the N.F.L.?s investigation of the Patriots...
New York Times - February 1, 2008
Ericsson Cutting 4,000 Jobs as Profit Plunges
The cellphone-network equipment maker said that it would cut up to 4,000 jobs, about 5.4 percent of its work force, after profit plunged 42 percent in the fourth quarter...
New York Times - February 1, 2008
Massachusetts Suing Merrill Over Securities
The state?s top securities regulator filed a civil complaint against the brokerage, accusing it of selling unsuitable subprime mortgage-related securities to the city of Springfield...
New York Times - February 1, 2008
Lone Star Executive Sentenced
A South Korean court found the private equity fund and one of its executives guilty of manipulating stock prices. The executive, Paul Yoo, was sentenced to five years...
New York Times - February 1, 2008
Bank Chief May Face Questions
A senior prosecutor recommended that Daniel Bouton be questioned by judges in connection with accusations he has made about a rogue trader?s role in Société Générale?s loss of billions of euros...
New York Times - February 1, 2008
Only G.M. Posts a Gain in January Sales in U.S.
G.M.?s sales were up 2.1 percent. In contrast, sales fell 12 percent at Chrysler, 2.3 percent at both Toyota and Honda, 4 percent at Ford and 7.3 percent at Nissan...
New York Times - February 1, 2008
8 Banks in Talks to Rescue Bond Insurer
The banks, which include Citigroup and UBS, are considering injecting capital into Ambac and assuming some of the risks associated with guarantees written by the company...
New York Times - February 1, 2008
Snipes Is Acquitted of Tax Felonies
The actor was convicted on three misdemeanor charges of failing to file tax returns or to pay taxes in the mixed verdict. He faces up to three years in prison...
New York Times - February 1, 2008
Stocks Cap Strong Week With Gains
Wall Street set aside anxiety over news that the economy lost jobs last month and focused on Microsoft?s bid for Yahoo and a possible rescue plan for the bond insurance sector...
New York Times - February 1, 2008
US election at-a-glance: 1 Feb
A day-by-day guide to the 2008 US presidential election, in words and pictures...
BBC News - February 1, 2008
Bush's climate talks 'engaging'
The latest US-led climate talks have been described as the most engaging climate negotiations so far...
BBC News - February 1, 2008
Anti-war grouping supports Obama
A leading US anti-war movement, MoveOn.org, opts to support Barack Obama for the presidency...
BBC News - February 1, 2008
US court clears Snipes of fraud
US actor Wesley Snipes is found guilty of three minor tax offences but cleared of fraud charges...
BBC News - February 1, 2008
Colombian drugs lord found dead
Colombia's most-wanted drugs trafficker has been found murdered in a Venezuelan holiday cabin...
BBC News - February 1, 2008
Wheels: Tesla Passes Tests, Faces More
News items about Tesla and from Tesla are hitting at a fast clip. Where to start? Let's try reverse chronological...
New York Times - February 1, 2008
Winter Storms Hit Northern U.S.
Snow, sleet and freezing rain pelted the northern Midwest and northeastern states Friday...
New York Times - February 1, 2008
Bill Clinton, Climate and the ?Instanet?
An argument for a ?slow blog? movement to keep the flow of misinformation in check...
New York Times - February 1, 2008
Knoblauch Set to Talk to House Panel
Chuck Knoblauch came to speak to House Oversight Committee staff on Friday morning in the first of a series of interviews of former players and people tied to performance-enhancing drugs...
New York Times - February 1, 2008
Chadian Army Battles Rebels
The rebels are seeking to force the country?s president, Idriss Déby, to share power or step down...
New York Times - February 1, 2008
MoveOn Endorses Obama
The liberal group, which has 3.2 million members, could help with foot soldiers in Tuesday?s primary...
New York Times - February 1, 2008
Bellwether State Fervently Seeks Choice Who Can Win in the Fall
In Democratic strongholds like St. Louis, voters spoke of their passion for picking a nominee who stands the best chance in November...
New York Times - February 1, 2008
A Green Energy Industry Takes Root in California
Solar power is booming in California, the product of billions of dollars in investment and great enthusiasm...
New York Times - February 1, 2008
Ericsson Posts Lower Profit and Announces Job Cuts
The company said fourth-quarter net profit fell 42 percent and announced it would cut 1,000 jobs as part of a cost-cutting strategy...
New York Times - February 1, 2008
China and Alcoa Buy Stake in Rio Tinto
The move was an apparent effort to head off a huge mining merger that China feared could drive up prices...
New York Times - February 1, 2008
Exxon Mobil Profit Sets Record Again
Exxon?s $40.6 billion in net income in 2007 exceeded the company?s own record for profits at a U.S. corporation...
New York Times - February 1, 2008
U.S. Economy Unexpectedly Sheds 17,000 Jobs
The decline in jobs across a broad spectrum of professions marks the most striking evidence yet that the United States may be slipping into a recession...
New York Times - February 1, 2008
Stocks Flat After Mixed Economic News
Wall Street gave up a sharp advance to show more modest gains after a quick succession of seemingly contradictory signals about the economy left investors leery of making big bets...
New York Times - February 1, 2008
Microsoft Bids $44.6 Billion for Yahoo
The deal would reshape the Internet consumer services business, where both companies have struggled to compete with Google...
New York Times - February 1, 2008
Chevron reports surge in profits
Record oil prices helped Chevron offset losses at its refining unit and a slight fall in energy production last year...
BBC News - February 1, 2008
Exxon Mobil reports record profit
Soaring oil prices help Exxon Mobil to post $40.6bn in net profits in 2007, a record for a US company...
BBC News - February 1, 2008
A Virtual News Conference
As Super Bowl XLII draws near, reporters and players struggle to find new ground to cover. But occasional insight, humor and hyperbole surface during more interviews...
New York Times - February 1, 2008
Dozens Killed in Worst Baghdad Attack in Months
Twin bombings carried out by female suicide attackers struck two markets in mainly Shiite areas of central Baghdad...
New York Times - February 1, 2008
China Takes a Stake in Rio Tinto
China has muscled in on the miner BHP Billiton?s attempts to buy rival Rio Tinto, with its biggest aluminum producer teaming up with American group Alcoa to buy a 12 percent stake...
New York Times - February 1, 2008
Microsoft in $44.6 Billion Bid for Yahoo
The surprise offer of $31 a share, which represents a 62 percent premium on Thursday?s closing price, would bring relief to Yahoo?s long-suffering shareholders...
New York Times - February 1, 2008
China takes a stake in Rio Tinto
China teams up with US aluminium giant Alcoa to buy a 12% stake in mining firm Rio Tinto for $14.05bn...
BBC News - February 1, 2008
US army suicides set for new high
Suicides among US soldiers are heading for a record high, army data released on Thursday shows...
BBC News - February 1, 2008
Good food 'boosts earning power'
Giving babies nutritious food could significantly increase their earning power as adults, new research suggests...
BBC News - February 1, 2008
The Lede: Life in Cairo Without the Internet
Imagining hundreds of outage-related micro-dramas unfolding simultaneously...
New York Times - February 1, 2008
Now Screening | Band of Outsiders
Behind the scenes of the Band of Outsiders' New York show today ...
New York Times - February 1, 2008
Panel Passes Congestion Pricing Plan
The plan to thin Manhattan?s traffic was generally the same as Mayor Bloomberg?s, with a few differences...
New York Times - February 1, 2008
Senator Wants N.F.L. Spying Case Explained
Senator Arlen Specter wants N.F.L. Commissioner Roger Goodell to explain why the league destroyed evidence related to spying by the New England Patriots...
New York Times - February 1, 2008
Rangers Dive Back Into Division Race
The Rangers, muddling around in do-or-die territory, are starting backup Steve Valiquette in goal and trade bait Marek Malik on defence as they face Philadelphia on Thursday night...
New York Times - February 1, 2008
Senior Qaeda Commander Is Killed by U.S. Missile
The commander, Abu Laith al-Libi, a Libyan who was about 40 years old, was a longtime lieutenant of Osama bin Laden...
New York Times - February 1, 2008
Times Reporter Subpoenaed Over Source for Book
James Risen?s lawyer said in an interview that the subpoena sought the source of information for a specific chapter of the book ?State of War.?...
New York Times - February 1, 2008
New York Candidates Awash in Real Estate Cash
The real estate industry, racing to beat strict new limits on campaign contributions, has been flooding New York City candidates with donations for the 2009 campaign...
New York Times - February 1, 2008
Nets and New Drug Make Inroads Against Malaria
Widespread distribution of mosquito nets and a new medicine sharply reduced malaria deaths in several African countries, World Health Organization researchers reported...
New York Times - February 1, 2008
One on One in Debate, Democrats Set Aim at G.O.P.
Hillary Rodham Clinton and Barack Obama did not mask their divisions, even as they previewed attacks one of them will ultimately make against a Republican...
New York Times - February 1, 2008
As McCain Wins, Critics on Right Look Again
Senator John McCain has long aroused opposition from conservatives, but since his victory in Florida, some are beginning to look at his record in a new light...
New York Times - February 1, 2008
Kurds? Power Wanes as Arab Anger Rises
Once in a position of enormous strength, Iraqi Kurds are now pursuing policies that are antagonizing other factions and uniting most Sunnis and many Shiites...
New York Times - February 1, 2008
Like Home-Builder Shares? Look Again
The worse the news got, the better the stocks performed...
New York Times - February 1, 2008
Higher Profits for P.&G. and Colgate
The two makers of household and personal care products both reported higher quarterly profits on Thursday, relying on sales in emerging markets as the United States economy slowed...
New York Times - February 1, 2008
Wyeth Posts 19% Higher Profit; 2 Rivals Fare Less Well
AstraZeneca reported a 12.5 percent drop in profit and Bristol-Myers Squibb posted a loss, albeit a narrower one...
New York Times - February 1, 2008
Anheuser Earnings Fall Short of Estimate
A resurgence in sales helped push the brewer?s profit to $214 million in the fourth quarter...
New York Times - February 1, 2008
Shell?s Profit Soars as High Oil Prices Offset a Decline in Output
Europe?s largest oil company reported Thursday that fourth-quarter profit rose 60 percent because of the sale of some assets and higher oil prices...
New York Times - February 1, 2008
Burger King Profit Jumps 29 Percent
Net income for the world?s No. 2 hamburger chain rose to $49 million as the stalwart Whopper, the new Homestyle Melt and promotions lifted global sales at stores open at least a year...
New York Times - February 1, 2008
Newell Rubbermaid Cuts Sales Forecast
ATLANTA (Reuters) ? The consumer products maker Newell Rubbermaid cut its 2008 sales forecast on Thursday, saying it did not expect economic conditions in North America to improve, and its shares fell...
New York Times - February 1, 2008
Yahoo?s Ex-Chief Is Leaving Its Board
Terry S. Semel, the ex-chief executive who is credited with reviving Yahoo and then losing touch, is leaving the company?s board...
New York Times - February 1, 2008
Sweden Accuses 4 of Copyright Offenses
Prosecutors say that Pirate Bay, a file-sharing Web site, helps others violate copyright laws by linking providers of pirated songs and films with people searching for the same material...
New York Times - February 1, 2008
Home Depot Will Lay Off 500 Workers
Battered by a downturn in the housing market, the company is laying off about 10% of its workforce at its headquarters in Atlanta...
New York Times - February 1, 2008
Sony Reports 25% Rise in Profit, but Lowers Its Forecast
Sony said its profit rose in the final three months of 2007, aided by robust sales of televisions and computer games...
New York Times - February 1, 2008
Software Maker Triples Its Profit
CA Inc. reported Thursday that quarterly profit ballooned as it cut expenses and the weak dollar helped bolster revenue from overseas operations...
New York Times - February 1, 2008
Consumers Slow Spending Pace
Consumer spending slowed in December and inflation continued to rise, leaving the Federal Reserve less maneuvering room as it ponders policy decisions...
New York Times - February 1, 2008
Stocks Rally in Defiance of Bad News
Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry...
New York Times - February 1, 2008
Electronic Arts Posts Loss, Citing a Revamp
The video game maker largely met Wall Street?s forecasts, despite posting a quarterly loss because of reorganization charges and deferred revenue...
New York Times - February 1, 2008
China Tries to Reassure U.S. About Its Investing Plans
Seeking to reassure those nervous about foreign takeovers, the head of China?s government investment fund said Thursday that China would invest mostly in portfolios...
New York Times - February 1, 2008
Times Co. Posts Profit, but Revenue Declines
The New York Times Company reported a fourth-quarter profit of $53 million as revenue dropped, but it continued to fare better than most of its peers across the troubled newspaper industry...
New York Times - February 1, 2008
H.P. Case to Go Forward in India
After an H.P. employee was raped and killed by a driver the company employed, India?s highest court may force international firms to do more to guard local workers? safety...
New York Times - February 1, 2008
Tentative Deal to Salvage Real Estate Empire
Harry and Billy Macklowe, the father-and-son team of real estate developers, have come under intense financial pressure with the near collapse of the credit markets...
New York Times - February 1, 2008
Russia Creates a $32 Billion Sovereign Wealth Fund
Russia has split its oil proceeds into two funds and has cleared the way for one to invest in foreign stocks and bonds, officials said. Actual investments are not expected to begin until next fall...
New York Times - February 1, 2008
TV Stations Seek Shows to Put Online
This year at the biggest conference in television syndication, the hottest topic was syndicated online content...
New York Times - February 1, 2008
Small Law Firm?s Big Role in Bundling Mortgages
Questions are growing about whether law firms that helped investment banks bundle home loans into securities adequately disclosed the risks to investors...
New York Times - February 1, 2008
Eurozone Inflation Rising at Record Pace
The increase highlighted the difficult task facing the European Central Bank as it seeks to enforce price stability in the face of slowing economic growth...
New York Times - February 1, 2008
Troubled Bond Insurer Puts on Its Defense
Under attack from critics who describe the company as effectively insolvent, MBIA presented a spirited defense in a four-hour conference call with investors and analysts Thursday...
New York Times - February 1, 2008
Online Schooling Grows, Setting Off a Debate
Half a million American children take classes online, and many are attending virtual public schools that are competing with local districts for public funding...
New York Times - February 1, 2008
Amazon to Buy Audiobook Seller for $300 Million
Amazon.com, which has been rapidly adding digital downloads to its vast Web store, will bolster those offerings with Audible, the largest online seller of audiobooks...
New York Times - February 1, 2008
Motorola Weighs a Shift in Cellphones
Motorola said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable...
New York Times - February 1, 2008
OPEC Is Expected to Keep Oil Production Unchanged
Although the United States is seemingly heading toward a recession, OPEC may soon have to cut its output to offset a seasonal demand slowdown in the spring...
New York Times - February 1, 2008
A Green Energy Industry Takes Root Under the California Sun
Solar power is booming in California, the product of billions of dollars in investment and mountains of enthusiasm...
New York Times - February 1, 2008
Ad Growth Still Strong, Google Says
On Thursday Google reported a 17 percent jump in profit and a 51 percent growth in revenue in the fourth quarter, falling shy of Wall Street?s expectations...
New York Times - February 1, 2008
Coins in the New Realm
The notion that names of Web sites can be valuable, cash-generating assets just like stocks, bonds or property appears to be gaining a broader acceptance...
New York Times - February 1, 2008
Senate Democrats? Stimulus Plan Hits Roadblock
Senate Republicans plan to block a $157 billion economic stimulus package championed by Senate Democrats, who said they have no choice but to adopt a cheaper plan already approved by the House...
New York Times - February 1, 2008
Regulators Warn France Against Protecting Bank
As numerous European banks assess whether to make a bid for Société Générale, regulators in Brussels warned France against any effort to thwart open competition...
New York Times - February 1, 2008
China?s Inflation Hits American Price Tags
Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of China?s rise from the lowest rungs of global manufacturing...
New York Times - February 1, 2008
Motorola considers splitting up
Motorola mulls breaking up its business as it battles to recover from losses and weak sales...
BBC News - February 1, 2008
US rivals file campaign funding
Would-be US presidential nominees are set to file fundraising figures, as spending balloons...
BBC News - February 1, 2008
US election at-a-glance: 31 Jan
A day-by-day guide to the 2008 US presidential election, in words and pictures...
BBC News - February 1, 2008
Google profits disappoint market
Despite strong profit growth, shares in Google are down sharply as investors reacted badly to its latest results...
BBC News - February 1, 2008
Noriega appeals 'not exhausted'
Panama's ex-leader Manuel Noriega cannot be extradited to France until his US appeals are exhausted, a judge rules...
BBC News - February 1, 2008
Democratic pair hold key debate
Barack Obama and Hillary Clinton go head-to-head in their bids to become the Democratic Party candidate...
BBC News - February 1, 2008
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