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US News Archive for February 2008:
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The Lede: Cold Digital Trail After Shooting
The trail to Steve Kazmierczak's motives goes cold...
New York Times - February 20, 2008
After DVD Battle Won, Now Comes War
With the competing disc format gone, Sony still has to convince people to pay $350 or more for a Blu-ray player and $25 and up for discs...
New York Times - February 20, 2008
City Room: Plagiarism Charge Against Scholar in Noose Case
The Columbia University professor at Teachers College, in a number of instances, used the work of three others, officials said. She has been sanctioned by the college...
New York Times - February 20, 2008
Use of Private Care Tests British Health System
Britain is wrestling with how to handle patients who want to pay for parts of their treatment while receiving the rest free from the health service...
New York Times - February 20, 2008
Stem Cell Therapy Controls Diabetes in Mice
The work raises the prospect that embryonic cells might one day provide be used to treat the disease in humans...
New York Times - February 20, 2008
Bush Confronts Hard Questions in Ghana
President Bush faced skepticism on Wednesday about American military policy and his AIDS initiative...
New York Times - February 20, 2008
Task of Shooting Down Satellite Begins
The many moving parts of the mission began after the shuttle landed, though rough seas could delay the launch...
New York Times - February 20, 2008
For McCain, Self-Confidence on Ethics Poses Its Own Risk
John McCain?s relationship with a female lobbyist underscores a paradox: Even as he embraces high ethical standards, his confidence in his own integrity sometimes seems to blind him to potential conflicts of interest...
New York Times - February 20, 2008
Serbs Press Their Drive to Control Northern Kosovo
A mob of 300 Serbs wielding clubs and tools gathered near a small ethnic-Albanian village, prompting NATO to send armored vehicles and tanks to head them off...
New York Times - February 20, 2008
The Good, Bad and Ugly of Movie Downloading
The Internet movie download era may be more distant than you think...
New York Times - February 20, 2008
Business Schools Break Tradition in Global Education
California business schools are taking global education to a new level, offering courses that go beyond case studies and collaborating with universities abroad, particularly in Asia...
New York Times - February 20, 2008
Oil Prices Continue Surge
Oil futures rallied again Wednesday, pushing briefly past $101 a barrel after the Fed lowered its forecast for economic growth this year...
New York Times - February 20, 2008
KKR Affiliate Delays Debt Payment Again
KKR Financial Holdings said it has delayed payment on millions in loans and opened debt restructuring talks with creditors...
New York Times - February 20, 2008
Rio Tinto May Break With Other Producers on Iron Ore Price
Rio Tinto?s stance could pressure Chinese steel makers, who are major customers, and may signal the beginning of the end for the benchmark system of iron ore pricing...
New York Times - February 20, 2008
Stocks Reverse Losses to Finish Higher
Stocks came off early losses to finish higher as investors reacted to unpleasant signals about the economy with equanimity...
New York Times - February 20, 2008
Court Rules Former A.I.G. Chief Can See Documents
A New York state appeals court has ruled that Maurice R. Greenberg can review internal documents detailing questionable transactions, a victory in his fight against the company he founded...
New York Times - February 20, 2008
Germany Prods Liechtenstein on Fighting Fraud
Germany has raised the prospect of retaliation in other areas unless the principality cooperates more on tax policy...
New York Times - February 20, 2008
French Bank Says Its Controls Failed for 2 Years
An investigation has found that Jérôme Kerviel began making unauthorized bets in 2005 that Société Générale?s internal controls failed to uncover...
New York Times - February 20, 2008
Fed Sharply Reduces Forecast for Growth
The forecast implies that the economy will be almost stagnant until a boost from the stimulus package and rate cuts is felt in the second half of this year...
New York Times - February 20, 2008
Oil at a record again in New York
For the second day in a row, oil prices close at a record in New York amid Opec production fears...
BBC News - February 20, 2008
US Fed slashes growth forecasts
The US Federal Reserve has slashed its growth forecast for the country's economy...
BBC News - February 20, 2008
A Playlist by Darin Strauss
Daris Strauss Darin Strauss is the author of "Chang & Eng" and "The Real McCoy." His new novel, "More Than It Hurts You," will be published in June. Darin Strauss's February 2008 Playlist. 1) Our Shangri-la, Mark Knopfler. It?s a shame Knopfler found his fame by leading Dire Straits, a band given to annoying noodling and even more [...]...
New York Times - February 20, 2008
City Room: Video Assails Spitzer?s Abortion Bill
The New York State Catholic Conference produced a blistering 9-minute YouTube video that assails a proposal by the Spitzer administration to revise the state abortion law...
New York Times - February 20, 2008
Menopause Tougher in the Boonies
Rural women have fewer resources to help them cope with and understand the menopausal transition...
New York Times - February 20, 2008
The Lede: Movies Based on Board Games
Do two great American pastimes go together?...
New York Times - February 20, 2008
Clemens Pulls Out of ESPN Event
Roger Clemens withdrew from a scheduled appearance at Disney World because he considered his participation " a distraction.?...
New York Times - February 20, 2008
Shuttle Atlantis Lands Safely in Florida
The shuttle ended a challenging 13-day mission to deliver a major new section to the International Space Station...
New York Times - February 20, 2008
Ready or Not: Navy to Shoot Down Rogue Satellite
The debate continues, but a mission to shoot down a satellite hurtling toward earth is proceeding as planned...
New York Times - February 20, 2008
A Wild Welcome to a German Teen-Pop Band
Tokio Hotel is a German act that scrambles musical categories in a way that feels ideally suited to the current era...
New York Times - February 20, 2008
Pakistan Victors Want Dialogue With Militants
The winners of the parliamentary elections said that they would take a new approach to fighting Islamic militants...
New York Times - February 20, 2008
After Wins, Obama Is Focus of McCain and Clinton
Hillary Rodham Clinton said Barack Obama has substituted rhetoric for experience, while John McCain said he should abide by public financing limits...
New York Times - February 20, 2008
Justices Make It Tougher to Sue Medical Device Makers
The Supreme Court ruled that the manufacturer of a federally approved medical device cannot be sued under state law if the device causes an injury...
New York Times - February 20, 2008
BNP Paribas Profit Down 42%
The French bank said that fourth-quarter net profit fell to 1 billion euros ($1.47 billion) due to write-downs of securities affected by the financial markets crisis...
New York Times - February 20, 2008
TJX Profit Jumps 47%
The retailer said improvements in inventory and cost controls helped lift its fourth-quarter profit to $301 million...
New York Times - February 20, 2008
Sharper Image Files for Bankruptcy Protection
The San Francisco-based retailer filed for Chapter 11 bankruptcy protection, saying declining sales and three straight years of losses led to a shortage of liquidity...
New York Times - February 20, 2008
KKR Financial Delays Debt Repayment Again
KKR Financial Holdings has delayed repayment of debt backed by mortgage securities for the second time and begun a new round of talks with creditors...
New York Times - February 20, 2008
Stocks Turn Positive After Pullback
Stocks were mixed after a rise in consumer prices and lackluster readings on home construction touched off further worries about the health of the economy...
New York Times - February 20, 2008
Oil Prices Fluctuate After Reaching $100
Futures rose above $100 on Wednesday but then fell as investors cashed in profits from the market?s recent huge advance...
New York Times - February 20, 2008
Justices Limit Suits Over Medical Devices
The Supreme Court made it harder for consumers to sue manufacturers of federally approved medical devices...
New York Times - February 20, 2008
Supreme Court Says 401(k) Participants Can Sue
Participants can sue under a pension protection law to recover their losses, justices said in a unanimous ruling...
New York Times - February 20, 2008
3Com and Bain Scrap Deal
3Com said it has withdrawn a $2.2 billion offer for the network equipment maker from consideration by a security regulator, marking the potential demise of yet another private equity deal...
New York Times - February 20, 2008
Inflation Continues to Edge Up
A new inflation report raised concerns that the Federal Reserve will back away from cutting interest rates again...
New York Times - February 20, 2008
US 'is not seeking African bases'
George W Bush says the US is not looking to set up bases in Africa on the latest stop of his African tour...
BBC News - February 20, 2008
China 'not US rival' in Africa
President George W Bush says he does not see China as a "fierce competitor" with US interests in Africa...
BBC News - February 20, 2008
US inflation may stall rate cuts
US consumer prices rose by 0.4% in January, official figures show, more than many analysts forecast...
BBC News - February 20, 2008
Delta-Northwest Deal at Risk?
An impasse among pilot negotiators over blending seniority lists put a $20 billion deal to combine Delta Air Lines and Northwest Airlines in "serious jeopardy" as the boards of the two companies prepared to meet Wednesday, two people close to talks told The Associated Press. According to the report, the pilots unions have agreed on a [...]...
New York Times - February 20, 2008
Castro May Not Be Exiting the Stage Completely
The announcement that Fidel Castro would step down opens the door to his brother Raúl or another member of his inner circle...
New York Times - February 20, 2008
Wisconsin and Hawaii Hand Victories to Obama
Barack Obama cut into Hillary Rodham Clinton?s long-held support among women, union members and middle-aged voters in Tuesday?s contests...
New York Times - February 20, 2008
Rise in Oil Prices Dents Asian Stocks
Asian stocks fell more than 2 percent on Wednesday as oil prices topped $100 a barrel, rekindling inflation fears...
New York Times - February 20, 2008
Microsoft steps up Yahoo campaign
Microsoft hires a law firm that specialises in proxy battles in a move that suggests it could try to oust the Yahoo board...
BBC News - February 20, 2008
KKR debt delay fans credit fears
An affiliate of private equity giant KKR delays repayments on debt related to the ailing US housing market...
BBC News - February 20, 2008
Yellow fever crisis hits Paraguay
Thousands of Paraguayans queue for vaccines against yellow fever, after a rare outbreak of the disease...
BBC News - February 20, 2008
Reading Room: How Playwrights Watch Plays
Before I talk about "August: Osage County," and what is astonishing about this play, I want to start by stating the obvious. Playwrights don't go to the theater like other people. We don't go on our anniversaries or birthdays; we don't go because a play got a good review. (Most of us have stopped reading reviews, [...]...
New York Times - February 20, 2008
Reporter Held in Contempt in Anthrax Case
The reporter, Toni Locy, now faces fines of up to $5,000 a day for refusing to reveal sources for her reporting of a 2002 anthrax case...
New York Times - February 20, 2008
Judge Shuts Down Web Site Specializing in Leaks
The contents of the site, whose goal is to discourage ?unethical behavior? by corporations and governments, can still be found on ?mirror sites? around the internet...
New York Times - February 20, 2008
Slowdown Hits Towns at Outskirts of Texas Boom
Texas as a whole is booming, but across the state?s outermost exurbs, formed by waves of new housing, building has ground almost to a halt...
New York Times - February 20, 2008
Tape Inquiry: Ex-Spymaster in the Middle
The actions of a key figure in a controversy over destroyed interrogation tapes show the C.I.A.?s protective instinct...
New York Times - February 20, 2008
Pakistan Victors Want Dialogue With Militants
The winners of the parliamentary elections said that they would take a new approach to fighting Islamic militants...
New York Times - February 20, 2008
Castro Circle Likely to Hold Power After His Resignation
The announcement that Fidel Castro would step down opens the way for his brother Raúl or another member of his inner circle to become president...
New York Times - February 20, 2008
On Havana?s Streets, Few Expect Much Change
What emotion Fidel Castro?s announcement elicited was on the sly, under the eye of a heavy police presence...
New York Times - February 20, 2008
Small Donations Add Up for Obama
Barack Obama?s success at fund-raising is tempting him to back away from accepting public financing in the general election...
New York Times - February 20, 2008
Wisconsin Hands Obama a Victory, the Ninth in a Row
Barack Obama cut into Hillary Rodham Clinton?s long-held support among women, union members and middle-aged voters in Tuesday?s primary...
New York Times - February 20, 2008
Bridgestone Annual Profit Up 55%
The Tokyo-based company posted a net profit of 131.6 billion yen ($1.22 billion) for 2007 as brisk tire sales and a weaker yen offset a rise in raw material costs...
New York Times - February 20, 2008
Medco Profit Tops Estimates
Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher...
New York Times - February 20, 2008
Making Economics Relevant Again
Economics has got its groove back. Who are the economists doing influential work on crucial questions facing modern society today?...
New York Times - February 20, 2008
Medtronic Profit Plunges on Charges
Third-quarter earnings tumbled 89 percent from a year ago due to charges from lawsuit settlements and acquisition costs, but the adjusted profit still beat Wall Street expectations...
New York Times - February 20, 2008
Stocks Close Lower Amid Inflation Fears
Wall Street gave up a big early advance after oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy...
New York Times - February 20, 2008
After a Judgment, Music Label Files Chapter 11 Bankruptcy
TVT Records, long ranked as a top independent label, was hit last year with a $9.1 million court judgment over the release of old recordings of the rapper Pitbull...
New York Times - February 20, 2008
Celebrity Chef Sells His TV Shows and Products to Martha Stewart
Martha Stewart Living Omnimedia bought portions of Emeril Lagasse?s franchise for $45 million in cash and $5 million in stock, her company?s first major acquisition...
New York Times - February 20, 2008
Buyout Target Rejects Staples? Offer
The Netherlands-based Corporate Express rejected an unsolicited $3.67 billion buyout offer from Staples as too low, but some analysts expect an eventual agreement...
New York Times - February 20, 2008
Thomson Gets E.U. Approval for Reuters Bid
But the European Commission said Thomson must sell off financial research units to eliminate antitrust concerns raised by the 8.1 billion pound ($15.8 billion) deal...
New York Times - February 20, 2008
Old Navy President Departing Her Post
LOS ANGELES (Reuters) ? The apparel company Gap Inc. said on Tuesday that the president of its Old Navy division, Dawn Robertson, was leaving, effective immediately...
New York Times - February 20, 2008
Wiretap Case Split Into Two Trials
A lawyer accused of paying the private detective Anthony Pellicano to tap telephone calls on behalf of financier Kirk Kerkorian will have his trial separated from Mr. Pellicano?s...
New York Times - February 20, 2008
Bank of Montreal Takes Write-Down and Bolsters SIVs
Canada?s fourth-largest bank cited turmoil in the credit markets, and said it would provide up to $13 billion in liquidity for two of its structured investment vehicles...
New York Times - February 20, 2008
Sears Case Cited by Critics of Safety Panel
Consumer groups are criticizing the government?s handling of problems with Sears kitchen ranges in an effort to pressure legislators to toughen safety laws...
New York Times - February 20, 2008
Toshiba Concedes Defeat in the DVD Battle
The Japanese electronics giant threw in the towel on its HD DVD technology, announcing that it would no longer develop, produce or market disc players for the format...
New York Times - February 20, 2008
Wal-Mart Stays Cautious as Profit Beats Expectations
The retailer said net income in the fourth quarter rose to $4.1 billion as its focus on low prices paid off. International growth also helped lift profit and sales...
New York Times - February 20, 2008
Ex-Refco Chief Faces Civil Fraud Charges
The Securities and Exchange Commission filed civil fraud charges against Phillip R. Bennett, former chief executive of the commodities broker Refco Inc...
New York Times - February 20, 2008
Warehouses Nibble on Edge of Giant California Ranch
New development on the Tejon Ranch has environmentalists concerned about the health of a fragile landscape, where several distinct ecological regions converge...
New York Times - February 20, 2008
Aiming to Stem Attendance Losses, More Cinemas Try a Full-Frills Model
Cinema operators are increasingly taking steps to entice adults out of their living rooms and back to the theaters. Some even have waiters to deliver food to seats...
New York Times - February 20, 2008
Airbus Expects 2008 Orders to Decline by Half
Airbus, the European plane maker, said on Wednesday that it expected orders for new aircraft to halve to around 700 this year after a record order intake in 2007...
New York Times - February 20, 2008
2 More Indictments in Tax Shelter Case
Federal prosecutors have widened their criminal case involving questionable tax shelters at the accounting firm Ernst & Young, adding two outside defendants...
New York Times - February 20, 2008
Credit Suisse Says Traders? Pricing Errors Will Cause $2.85 Billion in Write-Downs
Credit Suisse shook the markets on Tuesday when it announced that pricing errors by traders on asset-backed securities would result in write-downs of $2.85 billion...
New York Times - February 20, 2008
With Earnings Up 38%, H.P. Raises Its Forecast
HP?s first-quarter net income grew 38 percent to $2.1 billion, as revenue climbed 13 percent to $28.5 billion, beating the muted expectations of Wall Street analysts...
New York Times - February 20, 2008
Document Says Trader?s Rogue Bets Began in Summer
New details about the actions of a former Société Générale trader accused of making billions of dollars of unauthorized bets showed that his losses began in July...
New York Times - February 20, 2008
Bond Insurer in Turmoil Turns to Familiar Leader
MBIA replaced its chief executive with its retired chairman, Joseph W. Brown Jr., who said he would consider splitting up the firm?s insurance business...
New York Times - February 20, 2008
Microsoft Said to Plan Proxy Fight for Yahoo
In part of a hard-nosed takeover campaign that Microsoft began two weeks ago, the company has begun preparing for a proxy fight to oust Yahoo?s directors...
New York Times - February 20, 2008
Auctions Yield Chaos for Bonds
As municipal bond auctions fail, it is becoming clear that the auction-rate market is in crisis and chaos, and many securities may never have a successful auction again...
New York Times - February 20, 2008
Tax Inquiry? Principality Is Offended
After weathering days of criticism from Germany over a spectacular tax evasion case, Liechtenstein is digging in to defend its lucrative tradition of banking secrecy...
New York Times - February 20, 2008
Ending Tradition, NBC Dismisses Fall Debuts
NBC Universal?s move to a year-round schedule of staggered program debuts could alter an American cultural cycle that dates back to the days of radio...
New York Times - February 20, 2008
Driving to the Gold Rush
Leaving jobs at global giants, small miners are striking out for Mexico?s Sierra Madre mountains...
New York Times - February 20, 2008
Supply Fears Push Oil to Triple Digits
Crude oil vaulted through a longstanding psychological barrier amid persistent concern about whether production can keep up with rising global demand...
New York Times - February 20, 2008
Lacking Cure, a New Tack on a Muscle Disease
For all of the money raised to find a cure for muscular dystrophy, the disease still confines thousands of boys in this country to wheelchairs in their early teens...
New York Times - February 20, 2008
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