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US News Archive for August 2007:
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Vick takes deal in dogfighting case
Atlanta Falcons quarterback Michael Vick has accepted a plea deal that could send him to prison, ending a federal dogfighting prosecution that jeopardizes his pro football career, his lawyer confirmed. full story...
CNN - August 20, 2007
Hurricane Dean spins toward Yucatan
After battering the southern coast of Jamaica, Hurricane Dean picked up strength early Monday and headed toward Mexico's Yucatan Peninsula. Forecasters said Dean -- a Category 4 with maximum sustained winds near 150 mph (240 kph) -- could be a Category 5 hurricane by the time it makes landfall. full story...
CNN - August 20, 2007
City Room: Ari Fleischer on Metal Bats
The former White House press secretary has been hired by opponents of a City Council bill banning the use of metal bats in high school softball and baseball games...
New York Times - August 20, 2007
The Lede Blog: Odd News Springs From Serbia
A village plots its comeback with the help of a Rocky statue...
New York Times - August 20, 2007
The Caucus Blog: Obama on ?Obama Girl?
The ?Obama Girl? video is apparently not attracting much of a fan base in the Obama household...
New York Times - August 20, 2007
Shuttle Scheduled to Land Tomorrow
The first landing opportunity will be 12:32 p.m. Eastern time. If thunderstorms or crosswinds interfere, there will be a second landing opportunity at 2:06 p.m...
New York Times - August 20, 2007
Leona Helmsley, Hotel Queen, Dies at 87
Imprisoned for tax evasion and fraud, she was widely regarded as a 1980s symbol of arrogance and greed...
New York Times - August 20, 2007
Senator Upset With the Response to Subpoena
The White House did not fully comply today with a subpoena seeking material on the Bush administration?s eavesdropping program, and a leading Democratic senator reacted with anger, if not surprise...
New York Times - August 20, 2007
British Mosques Teach Civics to Combat Extremism
The British government is financing an effort to teach a special curriculum intended to reach students who might be vulnerable to Islamic extremism...
New York Times - August 20, 2007
In Moscow, Summer Means a Freeze on Hot Water
The summer suspension of hot water to allow for repairs to the city?s aging pipes has become a regular part of life...
New York Times - August 20, 2007
New Power in Africa: In Africa, China Is Both Benefactor and Competitor
Manufacturing has suffered in Africa as cheap Chinese goods flood the market, eliminating needed jobs...
New York Times - August 20, 2007
N.F.L.?s Vick Accepts Plea Deal in Dog-Fight Case
Michael Vick will probably face at least a year in prison under a plea deal in a case involving a dog-fighting ring that was run from a property he owned...
New York Times - August 20, 2007
Federal Court Delays Wild Oats Acquisition
The takeover of Wild Oats Markets by Whole Foods Market was delayed Monday by a federal appeals court in Washington...
New York Times - August 20, 2007
Capital One to Close Mortgage Unit
Capital One said it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation?s housing and mortgage markets...
New York Times - August 20, 2007
Nasdaq to Sell Stake in London Exchange
Abandoning its effort to buy the London exchange would allow Nasdaq to focus on its bid for the Swedish exchange operator OMX, where it faces a challenge from Borse Dubai...
New York Times - August 20, 2007
U.S. Stocks Flat After Overseas Gains
Trading in a fairly narrow range, shares dipped in the early afternoon, rallied in the final hour, and ended little changed. The Dow industrials gained 42.27 points...
New York Times - August 20, 2007
U.S. Files Fraud Charges Against Sentinel
The S.E.C. alleged that Sentinel defrauded clients by improperly commingling, misappropriating and leveraging their securities without their knowledge...
New York Times - August 20, 2007
Vick agrees dog fight plea deal
Atlanta Falcons quarterback Michael Vick will plead guilty to dog-fighting charges, his lawyer says...
BBC News - August 20, 2007
Mexico coast braces for hurricane
Mexico evacuates resorts and shuts down off-shore oil facilities as it prepares for Hurricane Dean...
BBC News - August 20, 2007
Oklahoma floods prompt harrowing rescues
Remnants of Tropical Storm Erin turned central Oklahoma into a wash basin Sunday, with rescuers on helicopters plucking people from flood waters and rooftops and ferrying them to safety. Two people died and at least two others were hurt, a state official said. full story...
CNN - August 20, 2007
165 escape as fireball engulfs jet
A Taiwanese jetliner burst into flames Monday morning shortly after landing at the Naha airport on the Japanese island of Okinawa, but 165 passengers and crew got off the plane safely, authorities said. full story...
CNN - August 20, 2007
Rove's attacks on Clinton a flashback to 2004
GOP strategist Karl Rove won't let up in his attacks on Democratic presidential hopeful Hillary Rodham Clinton, but the intriguing question is why. full story...
CNN - August 20, 2007
Bits: A Fourth Way to Deliver TV to the Home
Secretive Silicon Valley startup Building B gets funding and reveals plans to upend the television business...
New York Times - August 20, 2007
Paper Cuts: Skimming the Sunday Reviews
A quick hike through the Sunday (and a few non-Sunday) book review sections. Geoffrey Hill (Photo from the Dartmouth College Center for the Humanities Web site.) The Guardian (U.K.) “The days when a new volume by Geoffrey Hill was a rare event are becoming hard to remember,” Peter McDonald writes in the Guardian, reviewing Hill?s new book, [...]...
New York Times - August 20, 2007
The Lede: Some Leading Indicators on Iraq
Two less-than-sunny additions to the debate over the Baghdad surge...
New York Times - August 20, 2007
The Caucus Blog: Biden?s Iowa Ads Focus on Iraq Plan
Senator Joe Biden's first television ads attempt to draw distinctions with the other Democratic candidates on his plan to end the war in Iraq...
New York Times - August 20, 2007
Vote in Turkey Goes to Second Round
ANKARA, Turkey (AP) -- A politically divided parliament failed to elect a president Monday as the front-runner, Foreign Minister Abdullah Gul, could not secure the two-thirds majority needed for an outright win in the first round of voting...
New York Times - August 20, 2007
2 Va. Tech Students Ill After Gas Leak
BLACKSBURG, Va. (AP) -- A carbon monoxide leak at an off-campus apartment complex critically sickened two Virginia Tech students and sent 17 other people to hospitals Sunday, police said...
New York Times - August 20, 2007
Floods Kill 13 in Midwest
Flooding washed out roads, triggered mudslides and forced evacuations of low-lying areas from Texas to Minnesota...
New York Times - August 20, 2007
A Firehouse?s Grim Roster Adds Two Names From Blaze
The death of a firefighter has become a familiar event at the firehouse of Engine 24 and Ladder 5 in SoHo...
New York Times - August 20, 2007
City Room: Leona Helmsley Is Dead at 87
The real estate developer?s conviction for tax evasion in 1989 became an emblem of that decade?s excesses...
New York Times - August 20, 2007
SunTrust Banks to Cut 2, 400 Jobs
SunTrust said it expects to complete the job cuts, which equal about 7 percent of its work force, by the end of next year as part of a plan to save $530 million annually by 2009...
New York Times - August 20, 2007
Thornburg Sells Assets to Cut Risk
The mortgage lender said it sold more than 35 percent of its assets and reduced its borrowings to cut its risk, and cautioned that investors that buy home loans are still jittery...
New York Times - August 20, 2007
Lowe?s Posts Higher Profit but Cuts Outlook
The home improvement retailer reported a better-than-expected 9 percent rise in second-quarter profit, but cut its full-year profit and sales forecast...
New York Times - August 20, 2007
China Relaxes a Limit on Investing
The Chinese government announced today that it would allow mainland Chinese citizens to invest in the Hong Kong stock market...
New York Times - August 20, 2007
HSBC in Talks to Buy Stake in Korea Exchange Bank
HSBC said it was in talks with the Texas-based private equity fund Lone Star to buy a majority stake in the Korea Exchange Bank...
New York Times - August 20, 2007
Index Points to U.S. Economic Expansion
A gauge of future economic activity inched up in July, the Conference Board said, indicating growth will pick up slightly despite turmoil in the housing market...
New York Times - August 20, 2007
U.S. Stocks Down After Rallies in Asia and Europe
After an unremarkable start to the day, stocks on Wall Street began a modest decline in the afternoon as shares gained in Asia and Europe...
New York Times - August 20, 2007
Business fears US tax proposals
Planned US tax reforms clamping down on firms moving funds between countries would be damaging, business groups claim...
BBC News - August 20, 2007
US mortgage lender sells assets
US mortgage firm Thornburg sells $20.5bn of assets in difficult market conditions to fund home loans...
BBC News - August 20, 2007
School musical 'takes TV record'
High School Musical 2 breaks the record for the most-watched programme on cable TV in the US, reports say...
BBC News - August 20, 2007
Protests as Nafta summit begins
Protesters gather in Quebec as the leaders of Canada, the US and Mexico hold a summit on trade and security...
BBC News - August 20, 2007
Hopes fade for Peru victims
Rescuers call off the search for survivors from last week's quake in Peru as the focus switches to relief efforts...
BBC News - August 20, 2007
US property tycoon Helmsley dies
US property tycoon Leona Helmsley, who famously said "only the little people pay taxes", dies aged 87...
BBC News - August 20, 2007
US heatwave kills dozens
A two-week heatwave in the southern and midwestern US has caused at least 43 deaths, officials say...
BBC News - August 20, 2007
Oklahoma floods prompt harrowing rescues
Remnants of Tropical Storm Erin turned central Oklahoma into a wash basin Sunday, with rescuers on helicopters plucking people from flood waters and rooftops and ferrying them to safety. Two people died and at least two others were hurt, a state official said. full story...
CNN - August 20, 2007
Global Markets Rally After U.S. Rebound
Japan?s Nikkei 225 posted its largest one-day gain in 13 months, and European shares were trading higher...
New York Times - August 20, 2007
Caution Over Shuttle Shows Shift at NASA
Confronted with the same kind of problem that doomed the space shuttle Columbia, officials took a new approach during the current Endeavour mission...
New York Times - August 20, 2007
HSBC in Talks to Buy Stake in Korea Exchange Bank
HSBC said today that it is in talks to buy the controlling stake held by the U.S. private equity group Lone Star Funds...
New York Times - August 20, 2007
Move Over Mickey: A New Franchise at Disney
The debut of ?High School Musical 2? was the most watched show in basic cable history, estimates show...
New York Times - August 20, 2007
'Job cuts' at US mortgage lender
Reports say mortgage giant Countrywide Financial has started to cut staff numbers as it tries to weather the credit crunch...
BBC News - August 20, 2007
Twelfth body found at US bridge
Divers recover another body from the wreckage of the Minneapolis bridge, bringing the known number of dead to 12...
BBC News - August 20, 2007
Cuban spies appeal for US retrial
An appeals court in the US is due to hear arguments for a retrial of five Cubans jailed in the US for spying...
BBC News - August 20, 2007
Oil down as hurricane fears abate
Oil prices fall after the likelihood of Hurricane Dean hitting key facilities in the Gulf of Mexico appear to diminish...
BBC News - August 20, 2007
China mum on miners' fate
Distressed family members shouted and scuffled with guards after a third day without word on 172 miners trapped in a flooded mine in eastern China, where rescue crews began pumping water Sunday. full story...
CNN - August 20, 2007
Officials Say 6 Miners May Not Be Recovered
The six men trapped in a collapsed mine nearly two weeks ago may never be found, mining officials said...
New York Times - August 20, 2007
At Virginia Tech, Remembering While Moving On
As students return to classes at Virginia Tech, the campus is walking a fine line between remembering and moving on...
New York Times - August 20, 2007
Asian Stocks Rise Sharply Following U.S. Rebound
Asian stocks were on track for their biggest rally in more than three years on Monday...
New York Times - August 20, 2007
Iowans Check Out Giuliani
On a tour through Iowa farming communities, Rudolph W. Giuliani endured the test of making small talk...
New York Times - August 20, 2007
Six Killers | Diabetes: Looking Past Blood Sugar to Survive With Diabetes
Most diabetes patients are not doing even close to what they should to protect themselves...
New York Times - August 20, 2007
Caution Over Shuttle Shows Changes at NASA
Confronted with the same kind of problem that doomed the space shuttle Columbia, officials have taken a new approach...
New York Times - August 20, 2007
Standpipe Flaw Examined in Fire at Ground Zero
A damaged valve may have sent tons of water into the basement of the Deutsche Bank tower, keeping it from air-starved firefighters battling the blaze above...
New York Times - August 20, 2007
Treasury Auctions Set for This Week
The Treasury?s schedule of financing this week includes today?s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow...
New York Times - August 20, 2007
Looking Ahead
EYE ON THE ECONOMY Wall Street will be looking for signs of whether the recent volatility in the credit and stock markets could spread to the broader economy. The Conference Board will issue its index of leading economic indicators for July (Monday), and there will be reports on durable goods for July and new home sales for July (Friday)...
New York Times - August 20, 2007
Drilling Down: Consuming Less While Getting More
While Americans may feel bombarded by media information, we seem to be consuming less of it...
New York Times - August 20, 2007
Skype Says Phone Service Is Restored
The company said its Internet phone service had returned to normal after a software problem left many users unable to log on for two days...
New York Times - August 20, 2007
Labor Pact Is Approved by a Union at Delphi
DETROIT, Aug. 19 (AP) ? Members of a union representing about 2,000 hourly workers of the Delphi Corporation, the auto parts supplier, voted to ratify a new four-year contract with Delphi, the union said...
New York Times - August 20, 2007
Advertising: Forget the Calendar: The Beauty Is in 30 Days of Marketing
The Hearst Magazines division of the Hearst Corporation is bringing back for a second year a multimedia campaign called 30 Days of Fashion...
New York Times - August 20, 2007
Debt and Spending May Slow as Housing Falters, Fed Suggests
A new research paper co-written by the vice chairman of the Federal Reserve says that consumer debt soared over the last six years mainly because of the rapid increase in housing prices...
New York Times - August 20, 2007
Atlantic Tells Fans of the Puzzler Not to Fret
Ever since the Atlantic Monthly?s crossword puzzle disappeared from the print magazine over a year ago, its fans have been complaining loudly...
New York Times - August 20, 2007
Fox Cancels a Mock News Show, Citing Costs
Last week, Fox decided not to renew ?1/2 Hour News Hour,? the network?s answer to left-wing news parodies, saying it was too expensive to produce...
New York Times - August 20, 2007
News Coverage Shifts to Election From War in Iraq
In the second quarter of the year, the news media paid increased attention to the presidential campaign and the immigration debate...
New York Times - August 20, 2007
After 7-Eleven, Simpsons Move to eBay
Fans of The Simpsons TV series have been bidding up Kwik-E-Mart mementos for sale on eBay that are left over from a promotion for ?The Simpsons Movie.?...
New York Times - August 20, 2007
E-Commerce Report: Building a Brand Name, via Business Cards
Among Internet businesses, perhaps only VistaPrint has managed to reach a market value of more than $1 billion by getting customers to hand out millions of promotional messages for it...
New York Times - August 20, 2007
For Media Columnist, Everywhere He Turns It?s More Murdoch
Doubleday will publish Michael Wolff?s biography of Rupert Murdoch, the chairman of the News Corporation...
New York Times - August 20, 2007
Editor Acts, and 10 Time Inc. Magazines Revisit Katrina
This month, 10 of Time Inc.?s magazines are running articles about New Orleans, the result of editor in chief John Huey?s decision to take 12 editors on a two-day tour of the struggling city...
New York Times - August 20, 2007
Adviser to Plead Guilty in KPMG Tax Shelter Case
The news marks a surprising turn in the tax-shelter case against former KPMG employees and two executives...
New York Times - August 20, 2007
A Quest to Get More Court Rulings Online, and Free
The domination of two legal research services over the publication of federal and state court decisions is being challenged by an Internet gadfly...
New York Times - August 20, 2007
Hewlett Introduces a Web Feature to Make Document Printing Mobile
Hoping to alleviate a frustration of mobile computing, Hewlett-Packard has introduced a free service designed to make it possible to print documents on any printer almost anywhere in the world...
New York Times - August 20, 2007
European Legal Circles Await Ruling by Top Appeals Court on Microsoft
Europe?s top appeals court will announce its decision Sept. 17 on Microsoft?s appeal of Europe?s largest antitrust case ever...
New York Times - August 20, 2007
To Compete With E-Mail Greetings, Funny Cards Try to Be Topical
Greeting card companies hope to promote the idea that cards can be sent anytime, not just on holidays and special occasions...
New York Times - August 20, 2007
Link By Link: Defending Wikipedia?s Impolite Side
Mike Godwin?s job is to defend an online encyclopedia created by tens of thousands of (often anonymous) contributors who comment freely on living people and businesses...
New York Times - August 20, 2007
Ad Growth for AOL Called Vital to a Remake
A precipitous slowdown in advertising growth has raised new questions about AOL?s transformation plans...
New York Times - August 20, 2007
After the Pain of Foreclosure, a Big Tax Bill
Americans who have lost their homes may be subject to income taxes on their canceled debt...
New York Times - August 20, 2007
Hedge Funds Are Squeezed by Investors and Lenders
As problems in subprime mortgage lending have expanded into the broader markets, hedge funds have come face to face with the ghost of past financial crises...
New York Times - August 20, 2007
Move Over Mickey, Disney?s Found a Franchise
If preliminary ratings estimates hold up, the debut of ?High School Musical 2? was the most watched show of any kind in basic cable history...
New York Times - August 20, 2007
How Solid Is the Deal for Tribune?
When shareholders gather to approve an $8.2 billion plan to take Tribune private, an uncomfortable question is sure to be on many of their minds: Will this deal fall apart?...
New York Times - August 20, 2007
New to the Job, Bernanke?s About-Face Is Weighed
Ben S. Bernanke, grappling with his first major predicament as Fed chairman, is being intently watched to see how he handles the reins of the economy...
New York Times - August 20, 2007
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