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US News Archive for December 2006:
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Man charged with UK serial killings
Police have charged a man with killing five prostitutes in an eastern English town, authorities say...
CNN - December 21, 2006
Carnage as Somalia 'in state of war'
Somalia is in "a state of war," the country's Islamic leader said Thursday, as bodies lay in the streets of strategic villages where the U.N.-backed government is fighting to wrest control from the religious movement that has seized much of the country...
CNN - December 21, 2006
Marines charged in Haditha civilian killings
Eight Marines face criminal charges or administrative punishment in connection with the killings of Iraqi civilians in the northwestern city of Haditha in November 2005, the Marine Corps said Thursday...
CNN - December 21, 2006
Voters Deal Setback to Iranian President
President Mahmoud Ahmadinejad suffered a major setback with today?s announcement of results in city council elections nationwide...
New York Times - December 21, 2006
Comptroller in N.Y. to Resign, Official Says
Alan G. Hevesi will also plead guilty to a felony to settle a criminal inquiry into his use of state workers, a Democratic official said...
New York Times - December 21, 2006
Thai Markets Fall on Government?s Financial Moves
Markets in Thailand resumed their downward slide today as investors seemed to conclude that the financial policies of the military-appointed government were in disarray...
New York Times - December 21, 2006
Raytheon Sells Business-Jet Division
The unit was sold for about $3.3 billion to Onex, the Toronto-based investment firm, in a joint deal with Goldman Sachs...
New York Times - December 21, 2006
Investment bank fights for Delphi
An investment bank offers Delphi $4.7bn, signalling a battle for control of the troubled car parts firm...
BBC News - December 21, 2006
Iraq to propose new Baghdad security plan
Under a new plan, Iraqis will have the ability to launch security operations without a multinational OK, the Iraqi government said Thursday...
CNN - December 21, 2006
Clinton aide stashed secret documents under trailer
Sandy Berger, President Clinton's national security adviser, removed classified documents from the National Archives and hid them under a construction trailer to retrieve later, the agency's internal watchdog says. Berger took the documents in 2003 as the Clinton administration prepared for testimony to the 9/11 Commission...
CNN - December 21, 2006
North Korea Talks Hit a Significant Obstacle
The two sides sharply disagreed over whether to relax the U.S.-led economic sanctions as part of any deal...
New York Times - December 21, 2006
Major Winter Storm Paralyzes Denver
There were also forecasts of ice storms in Minneapolis and possible flooding in New Orleans...
New York Times - December 21, 2006
Embattled Comptroller in N.Y. to Resign, Official Says
Alan G. Hevesi will also plead guilty to a felony to settle a criminal inquiry into his use of state workers as chauffeurs and personal aides for his wife, a Democratic state official said...
New York Times - December 21, 2006
Summer?s Economic Growth Is Revised Downward
The economy grew at a more sluggish pace this summer than the government first reported, advancing by the smallest amount in more than three years...
New York Times - December 21, 2006
Cycling: Landis case 'stronger'
Floyd Landis says the decision to clear Inigo Landaluze of doping because of testing errors strengthens his own case...
BBC News - December 21, 2006
Blaze destroys Lost star's home
Fire destroys the rented home of Lost actress Evangeline Lilly on the Hawaiian island of Oahu...
BBC News - December 21, 2006
Slow market hits US growth
The US economy has been growing slower than forecast as a weak housing market hurt consumers, figures show...
BBC News - December 21, 2006
Ronaldinho 'to become Spanish'
One of the world's top footballers, Brazilian striker Ronaldinho, applies for Spanish citizenship...
BBC News - December 21, 2006
Eccentric Turkmenistan leader dies
President Saparmurat Niyazov, who created a cult of personality during two decades of iron-fisted rule over Turkmenistan, dies aged 66...
CNN - December 21, 2006
Blizzard strands scores
A major snowstorm was blowing across Colorado toward the Plains early today, dumping more than a foot of snow in some places and forcing the Denver airport to close, stranding thousands of holiday travelers. Authorities shut down major highways in parts of six states...
CNN - December 21, 2006
Manitoba Journal: Bolivian Reforms Raise Anxiety on Mennonite Frontier
Fears of President Evo Morales?s plans for land reform are roiling the apparently placid Mennonite farms in Bolivia?s eastern lowlands...
New York Times - December 21, 2006
Ford braces for Toyota challenge
Ford expects to be overtaken next year in its home market by Japanese carmaker Toyota, according to a report...
BBC News - December 21, 2006
NBA: Anthony defies doubters
Denver star Carmelo Anthony believes he and new recruit Allen Iverson can defy the doubters and play well together...
BBC News - December 21, 2006
US plans wireless safety network
US politicians have proposed a wireless communications network for use at times of emergency...
BBC News - December 21, 2006
Raul Castro 'not imitating Fidel'
Acting Cuban President Raul Castro says he does not intend to imitate his "irreplaceable" brother Fidel...
BBC News - December 21, 2006
Suicide bomber kills 10 in Baghdad
A suicide bomber wearing an explosives-laden belt blew himself up outside the Baghdad police academy Thursday, killing at least 10 Iraqi civilians and wounding 15 more, an official with Iraq's interior ministry said...
CNN - December 21, 2006
Blizzard strands thousands
Thousands of holiday travelers were stuck at the Denver airport after it was shut down by a blizzard. Many other people were trapped on the Plains when heavy snow shut down major highways in parts of six states...
CNN - December 21, 2006
State Approves Major Complex for Brooklyn
The approval knocked down the last regulatory hurdle for one of the biggest real estate projects in the city?s history...
New York Times - December 21, 2006
Federal Inquiry Focuses on 2 Bruno Firms
Federal investigators have issued subpoenas to at least two firms linked to the State Senate majority leader...
New York Times - December 21, 2006
In Quest for a Killer, an Inmate Finds Vindication
An inmate who is serving time for a 1991 upstate New York murder is seeking to clear the conviction after a DNA test that he arranged...
New York Times - December 21, 2006
Three Sisters: For Divided Family, Border Is Sorrowful Barrier
All Irma has to show for her migration to the United States, she said, is the heartache of separation...
New York Times - December 21, 2006
U.S. to Declassify Secrets at Age 25
At midnight on Dec. 31, hundreds of millions of pages of secret documents will be declassified...
New York Times - December 21, 2006
In Overhaul, New York City to Expand Lower-Cost Units
A plan intends to induce developers to build tens of thousands of apartments for people other than the well-heeled...
New York Times - December 21, 2006
World Business Briefing: Japan: Trade Surplus Rises Sharply
Japan?s trade surplus rose more strongly than expected in November from a year earlier as growing exports continued to underpin a steady recovery of the world?s second-largest economy. The trade surplus jumped 54.1 percent in November, to $7.76 billion, government data showed. Economists had expected a year-on-year rise of just 2.8 percent...
New York Times - December 21, 2006
World Business Briefing: Mexico: Arcelor Mittal to Buy Steel Plants
Arcelor Mittal, the world?s largest steel maker, agreed to buy two construction steel plants from Grupo Villacero of Mexico for $1.4 billion, giving it a foothold in the market for construction steel, like bars and wires used in buildings. The purchase is the company?s first since Mittal Steel?s $38.3 billion merger with Arcelor this year...
New York Times - December 21, 2006
World Business Briefing: Americas: Clorox to Buy Bleach Plants
Clorox agreed to buy the Colgate-Palmolive bleach business in six countries ? Canada, Uruguay, Venezuela, Columbia, the Dominican Republic and Ecuador ? for $126 million to expand in Latin America and Canada. The transaction in Canada will be completed this year, while those in Latin America will close in the first quarter of 2007...
New York Times - December 21, 2006
World Business Briefing: Ireland: Ryanair Withdraws Aer Lingus Bid
Ryanair, the discount airline, withdrew its $1.95 billion hostile bid for Aer Lingus after the European Union said it would start an inquiry into the proposed takeover over concerns that it would restrict competition for flights from Dublin to London. Both airlines are based in Dublin, and together handle about 61 percent of flights at its airport. Ryanair said it would make a further offer if the review gave clearance...
New York Times - December 21, 2006
World Business Briefing: France: Two Orders for A380s Confirmed
Singapore Airlines and Qantas of Australia have confirmed orders for a total of 17 A380 jets from Airbus, giving the European plane maker its first firm sales of the superjumbo jet in more than a year. The nine-plane deal for Singapore, initially announced in July, nearly doubles its initial purchase of 10 planes. Qantas, which already had 12 of the jets on order, confirmed a commitment for 8 more, Bloomberg News reported. The moves dispel months of speculation that the carriers might cancel orders as a result of manufacturing delays that have pushed back A380 deliveries...
New York Times - December 21, 2006
Sales in Asia Push Nike?s Profit Up
Nike Inc. credited stronger sales of footwear worldwide, for an 8 percent increase in profit in its second fiscal quarter...
New York Times - December 21, 2006
Receiving the Gift of Friendly Service
Has customer service become more welcoming of cosmetics returns? To find out, a reporter, with receipts in hand, took back products bought at a random sampling of stores in Manhattan...
New York Times - December 21, 2006
Huntington Bancshares Will Buy an Ohio Rival
The $3.6 billion deal will solidify Huntington Bancshares?s Midwest base and give it a new market in western Pennsylvania...
New York Times - December 21, 2006
Stocks & Bonds: Transportation Shares Falter and Indexes Lose Early Gains
Stocks finished slightly lower after investors pushed the Dow Jones industrial average up to a new midsession record and then sold...
New York Times - December 21, 2006
Firm Will Settle Trading Charges
Friedman, Billings, Ramsey & Company has agreed to pay about $7.7 million to settle insider trading charges...
New York Times - December 21, 2006
FedEx?s Quarterly Profit Rises 8.5%, but Fuel Costs Put Damper on Outlook
The company?s forecast of earnings trailed analyst estimates, sending its shares toward their biggest drop in four months...
New York Times - December 21, 2006
I.B.M. and 2 Other Companies Will Alter Stock Option Grants
I.B.M. said it would cease providing an annual grant of stock options to nonemployee directors, and would instead double the cash amount of their yearly retainers...
New York Times - December 21, 2006
Used-Car Business Is Booming, at Least for CarMax
CarMax Inc. said third-quarter profit almost doubled, and it raised its full-year forecast for the second time in three months...
New York Times - December 21, 2006
Bed Bath & Beyond Posts Higher Profit
The home furnishings retailer said third-quarter profit rose 5.8 percent, helped by lower purchasing costs for some products...
New York Times - December 21, 2006
U.S. Clears CVS to Acquire Caremark Rx
CVS Corporation has won antitrust approval to purchase Caremark Rx, removing potential regulatory opposition to the pending $21 billion acquisition...
New York Times - December 21, 2006
Creditors Approve Delta Plan
A creditors? committee said it supported Delta?s decision to file a stand-alone reorganization plan but that it would also weigh alternatives...
New York Times - December 21, 2006
Indecency Case Heard
A federal appeals court questioned the Federal Communications Commission about how it decides what constitutes indecency...
New York Times - December 21, 2006
Big Board Holders Back Euronext Deal
Shareholders of the NYSE Group have approved the $14 billion merger, a major step in the Big Board?s drive to become global...
New York Times - December 21, 2006
I.R.S. Is Spending Less Time Scrutinizing Big Businesses
The I.R.S. had reduced the time spent on each audit by 21 percent in the last five years, raising questions about increased enforcement of the tax laws in the last three years...
New York Times - December 21, 2006
Publicis Plans to Buy Digitas to Add to Online Presence
The $1.3 billion deal will catapult Publicis into the upper ranks of digital advertising agencies...
New York Times - December 21, 2006
Gazprom to Pay Cash in Deal With Shell
Gazprom will buy a stake in Royal Dutch Shell?s $22 billion Sakhalin Island energy project, a Russian deputy minister said...
New York Times - December 21, 2006
Bangkok Blames the Dollar Even as Markets Rebound
A Thai central bank official said the steep decline of the dollar is punishing Asia?s smaller economies and should be addressed by global financial regulators...
New York Times - December 21, 2006
Protectionism in Europe Dealt a Blow
European regulators overturned conditions that the Spanish government had imposed on a bid by E.On of Germany for Endesa of Spain...
New York Times - December 21, 2006
Previous Incident Reported Involving a Fired Publisher
Judith Regan was investigated and reprimanded three years ago for making an anti-Semitic remark at work, two top executives said...
New York Times - December 21, 2006
Entrepreneurial Edge: A Taste of Cuba in California
A long-term consequence of Fidel Castro?s policies in the early 1960s is a thriving Cuban-émigré-owned food processing industry in the Los Angeles area...
New York Times - December 21, 2006
Market Place: G.E. Stock Rises as an Economic Cycle Winds Down
Analysts say G.E.?s newfound attractiveness is as much a function of the global economy as of anything new in company strategy...
New York Times - December 21, 2006
Europe Acts to Penalize Jet Pollution
The European Union plans to impose extra charges on foreign and domestic carriers that pollute too much...
New York Times - December 21, 2006
The Cautious U.S. Boom in Oil Shale
Oil companies are hoping that new techniques for extracting oil from shale, aimed at overcoming old obstacles, can hit the jackpot...
New York Times - December 21, 2006
Judge Refuses to Split Trial in U.S. Case on Tax Shelters
A federal judge said the delayed KPMG trial would begin next fall, and rejected a proposal to try the defendants separately...
New York Times - December 21, 2006
Economic Scene: When It Comes to a Search for a Spouse, Supply and Demand Is Only the Start
The economist?s model of the informal market for marriage partners resembles the standard supply and demand model for ordinary goods...
New York Times - December 21, 2006
State Of The Art: Cellphones That Track the Kids
Many parents may have fleetingly harbored the fantasy of equipping their children with tracking devices...
New York Times - December 21, 2006
Advertising: A TV Show?s Content Calls the Commercial Plays
New Wendy?s commercials set to air during N.F.L. games are an example of TV technology that allows advertisers to vary their message at the last minute...
New York Times - December 21, 2006
Disparity Emerges in Lilly Data on Schizophrenia Drug
Eli Lilly is said to have provided information about the risks of its drug Zyprexa that did not match data that the company circulated internally...
New York Times - December 21, 2006
Ford Expects to Fall Soon to No. 3 Spot
Ford Motor expects Toyota to displace it next year as the No. 2 company behind G.M. in the American car market...
New York Times - December 21, 2006
Phone Carriers Win a Skirmish in Cable Wars
The F.C.C. approved new rules that will make it easier for telephone companies to offer television service...
New York Times - December 21, 2006
The Energy Challenge: Big Profits, and Questions, in Effort to Cut Emissions
A fast-growing climate plan that pushes foreign companies to clean up third-world factories has revealed hidden problems...
New York Times - December 21, 2006
US bars AWB after Iraq probe
Australia's wheat exporter AWB is suspended from US contracts after a report into bribes to Iraq's former regime...
BBC News - December 21, 2006
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