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US News Archive for November 2007:
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Carpetbagger Blog: Sundance Rolls Out Its Picks
Sundance announces its 2008 line-up...
New York Times - November 28, 2007
City Room: How to Avoid Open House Thefts
After two women were charged with looting expensive Upper East Side apartments during open houses, real estate agents have offered tips for keeping property safe when showing your home...
New York Times - November 28, 2007
Obesity Rates Are Leveling Off
Obesity rates in American women have stayed steady since 1999, and there are hints that obesity rates may be leveling off for men, too...
New York Times - November 28, 2007
Nixon Papers Recall Concerns on Israel?s Weapons
The newly released documents provide insights into America?s close, but by no means problem-free, relationship with Israel...
New York Times - November 28, 2007
Democrats Cancel Debate Because of Writers Strike
The D.N.C. had found itself in the middle of labor disputes between television writers and CBS...
New York Times - November 28, 2007
Not Down and Out in Moscow
Fueled by an oil boom, the Russian capital seems as awash in cash as Dallas was in its heyday and all the millionaires have to shop somewhere...
New York Times - November 28, 2007
State of the Art: Microsoft Challenges the iPod (Again)
The new Zune photo/video/music player fixes many mistakes that made the original Zune a washout...
New York Times - November 28, 2007
AMR Plans to Divest Its Regional Carrier
The parent of American Airlines said today it plans to sell or spin off its American Eagle regional carrier next year. Its shares rose 8 percent on the news...
New York Times - November 28, 2007
R.J. Reynolds to Halt Print Cigarette Ads in 2008
R.J. Reynolds, under pressure from anti-smoking groups over print ads for cigarettes, said that starting next year it would not advertise its brands in newspapers or magazines...
New York Times - November 28, 2007
Bits : Google Doesn?t Know Where You Are (but It Has a Good Guess)
A new feature to Google?s cellphone mapping service can figure out more or less sort of where you are. It?s got some slick technology to help it figure that out...
New York Times - November 28, 2007
Subprime Woes Hit Norwegian Brokerage
The brokerage firm Terra Securities said it would file for bankruptcy protection because of accusations it made four remote towns victims of subprime problems in the United States...
New York Times - November 28, 2007
British Bankers Plead Guilty in Enron Case
Three British bankers, who were set to go to trial for their roles in a scheme with Andrew Fastow, Enron?s former chief financial officer, changed their pleas to guilty...
New York Times - November 28, 2007
Oil Drops Sharply on Inventory Report
Crude oil futures extended their slide after the government reported an increase in supplies at a key delivery terminal...
New York Times - November 28, 2007
US stocks rally on rate cut hopes
US stocks rise strongly after comments from a Federal Reserve official boost hopes of an interest rate cut...
BBC News - November 28, 2007
OJ pleads not guilty to robbery
Ex-American football star OJ Simpson pleads not guilty to kidnap and armed robbery at a Las Vegas hotel...
BBC News - November 28, 2007
TV Decoder Blog: TV Decoder: Status of the Writers? Strike
Writers walk the picket line in front of Fox Studio in Los Angeles on Monday. (Gabriel Bouys/AFP/Getty Images) For three weeks, Writers Guild of America members circled the picket lines while union leaders and the studio heads stood on the sidelines. Now that the two sides are meeting again, how are the striking writers feeling?...
New York Times - November 28, 2007
The Lede Blog: The Lede: Wildfire Warning in California
The National Weather Service?s red flags are flying again in Southern California, and they are being whipped by the Santa Ana winds that were merciless during late October?s blazes...
New York Times - November 28, 2007
2 Florida Deputies Killed in Car Chase
PAHOKEE, Fla. (AP) -- Two Palm Beach County sheriff's deputies who had tried to stop a stolen vehicle on a rural road in the Everglades were killed when they were struck by a fellow deputy's patrol car early Wednesday. The driver of the patrol car was injured, authorities said...
New York Times - November 28, 2007
Musharraf Quits Pakistani Army Post
Pervez Musharraf remains president and will be sworn in to a new five-year term on Thursday, but as a civilian leader his power will be diminished...
New York Times - November 28, 2007
Candidates Offer Different Views on Energy Policy
The Democratic and Republican presidential candidates offer profoundly different approaches to energy policy...
New York Times - November 28, 2007
Bush Chooses New Economic Adviser
President Bush announced today that Keith Hennessey will become director of the National Economic Council, replacing Al Hubbard...
New York Times - November 28, 2007
Bear Stearns Cuts 4 Percent of Staff
The company will cut 650 jobs in all departments from its staff of about 15,500. This marks the third wave of recent layoffs at the battered investment bank...
New York Times - November 28, 2007
S.E.C Allows Firms to Deny Investors Access to Ballots
Federal securities regulators voted today to give companies the authority to deny shareholders access to board-election ballots...
New York Times - November 28, 2007
Fed Official?s Remarks Send Stocks Soaring
Investors rallied today after unusually candid remarks by a top Federal Reserve official, who appeared to open the door to further interest rate cuts...
New York Times - November 28, 2007
Probe into chocolate price fixing
Canadian regulators launch an investigation into allegations of price fixing in the chocolate bar market...
BBC News - November 28, 2007
Weak orders hit US manufacturers
US factory orders fell for the third month in a row, a further sign of the slowing economy, government data shows.
a survey shows...
BBC News - November 28, 2007
'Chinese' tequila worries Mexico
The Mexican Congress wants action to stop Chinese producers targeting the tequila market...
BBC News - November 28, 2007
Strike against Bolivian reforms
Six provinces in Bolivia start a strike against plans by President Evo Morales for a radical new constitution...
BBC News - November 28, 2007
Well: More Teens Victimized by Cyber-Bullies
Digital harassment from school bullies is a growing problem for teens...
New York Times - November 28, 2007
US market boosts Qinetiq profits
UK defence and security firm Qinetiq sees half-year profits rise by 9%, boosted by sales in the US...
BBC News - November 28, 2007
Wolseley set to cut 1,300 US jobs
Building and plumbing firm Wolseley is to cut around 1,300 US jobs following the slowing US housing market...
BBC News - November 28, 2007
TV Decoder Blog: Despite Strike, Daly to Resume Show
The NBC talk show ?Last Call With Carson Daly? will resume production Wednesday, making it the first late-night program to produce original episodes since the Writers Guild of America went on strike three weeks ago. In a statement the guild expressed disappointment about Mr. Daly?s decision. Unlike Mr. Leno and Mr. O?Brien, Mr. Daly is not [...]...
New York Times - November 28, 2007
Dot Earth Blog: Varied Views on Poverty and Climate
Villagers in Bihar State, India, received relief packages dropped by helicopter in August. The flooding in Bihar washed away homes, crops and cattle. (Credit: Prashant Ravi, Associated Press) The new United Nations Human Development Report is the first of these annual surveys to focus on the intersection of climate change and efforts to improve the human [...]...
New York Times - November 28, 2007
Astor?s Son Appears in Court and Denies Charges
Anthony D. Marshall and one of his mother?s former lawyers, Francis X. Morrissey Jr., were charged with numerous crimes in an 18 count indictment...
New York Times - November 28, 2007
To Muslim Girls, Scouts Offer a Chance to Fit In
Some Muslim communities are forming Girl Scout troops to help girls who often feel alienated from the mainstream culture, and to give Muslims a neighborly aura...
New York Times - November 28, 2007
Red Cross Fires Its President, Citing Relationship
The organization said that Mark W. Everson?s ?personal relationship with a subordinate employee? had diminished Mr. Everson?s leadership ability...
New York Times - November 28, 2007
The Long Run: Senate Race That Fizzled Honed Skills for ?08 Stage
The 12 months in which Rudolph W. Giuliani and Hillary Rodham Clinton faced each other in a Senate race are as instructive now as they were riveting then...
New York Times - November 28, 2007
France: Cognac Maker?s Profit Slips
The French drink company Rémy Cointreau said its first-half profit fell from a year earlier, when it booked gains from asset sales. Net income at Rémy Cointreau, the maker of Rémy Martin cognac and Piper-Heidsieck Champagne, dropped to $56.5 million (38.1 million euros) for the six months through Sept. 30, from 75.7 million euros, a year earlier, the company said. Sales rose 5.6 percent, to 374.4 million euros ($555.7 million)...
New York Times - November 28, 2007
| Europe: Germany: Business Confidence Rises
Business confidence in Germany rose in November for the first time since April, a closely watched survey showed, defying analysts? expectations for Europe?s largest economy. Another report, this one from the government, estimated that Germany?s annual inflation rose to 3 percent this month, its highest level in more than 13 years, as a result of high prices for oil products, food and beverages. The Ifo Institute for Economic Research said its business climate index rose slightly, to 104.2, from 103.9 in October, after slipping for six straight months. Companies assessed their current situation more positively than in October, but were ?somewhat more cautious? regarding the six-month business outlook, said Hans-Werner Sinn, above, Ifo?s president. The 3 percent annual inflation estimate by the Federal Statistics Office was up from 2.4 percent in October...
New York Times - November 28, 2007
Canada: Bank?s Profit Falls but Outlook Is Strong
Bank of Montreal reported a 35 percent decline in quarterly earnings, reduced by previously announced charges, but profits excluding the charges rose 8 percent. Analysts said the bank?s 2008 outlook, including a target for 10 to 15 percent growth in earnings per share, was an encouraging sign; the company?s stock rose 5 percent. Bank of Montreal, which is based in Toronto, said earnings for its fourth quarter, which ended Oct. 31, were 452 million Canadian dollars ($457 million), or 87 Canadian cents a share. That compares with net income of 696 million Canadian dollars, or 1.35 Canadian dollars per share, a year earlier. The bank said significant items included charges in its capital markets unit and restructuring expenses...
New York Times - November 28, 2007
Australia: Airline Is Fined by U.S. Over Cargo Pricing
Qantas Airways admitted to fixing prices on international air cargo shipments and agreed to pay a $61 million fine, the Justice Department said. Qantas sought to eliminate competition by fixing the rates for shipments of cargo to and from the United States and elsewhere from at least January 2000 through February 2006, according to the charges filed in the United States District Court for the District of Columbia. During the time covered by the felony charge, Qantas was the largest carrier of cargo between the United States and Australia, earning more than $600 million from its cargo flights between the nations, according to the Justice Department. Representatives from the airline, which is based in Australia, were not immediately available for comment...
New York Times - November 28, 2007
J. Robert Cade, the Inventor of Gatorade, Dies at 80
Dr. Cade mixed water, sugar, salt and cunning dashes of whatever to invent Gatorade, which is now guzzled daily by electrolyte-depleted athletes, post-operative patients and the simply thirsty...
New York Times - November 28, 2007
Freddie Mac Cuts Dividend in Half
Freddie Mac cut its quarterly dividend Tuesday and announced plans to sell $6 billion in preferred stock to bolster its finances in anticipation of more losses...
New York Times - November 28, 2007
Dow Jones Considers Selling 23 Papers
Dow Jones & Company, publisher of The Wall Street Journal, said Tuesday that it was considering the sale of the rest of the Ottaway community newspaper group...
New York Times - November 28, 2007
Square Feet: As Rents Go Up, Some Offices Go South
The area stretching north from Canal Street to about 34th Street is attracting a growing number of media, communications and entertainment companies with low rents and large spaces...
New York Times - November 28, 2007
Square Feet: Some Big Bets That the Funky Bowery Can Be Luxe
Developers are scrambling to turn the once-downtrodden avenue into the latest trendy corridor for luxury goods and entertainment...
New York Times - November 28, 2007
Home Prices Post Big Drop in Survey
Housing prices fell the most in almost 20 years this summer, and consumers remain deeply skeptical about the economy, according to reports released Tuesday...
New York Times - November 28, 2007
Indexes Up Sharply on Some Good News
Stock markets snapped back yesterday as promising news on credit and oil emerged from the Middle East, offering investors some reassurance about two recent trouble spots...
New York Times - November 28, 2007
NBC Universal to Use TiVo Ratings Data
NBC Universal has agreed to become the first major broadcaster to use ratings data and other advertising products from the digital video recorder company...
New York Times - November 28, 2007
Despite Strike, Carson Daly to Resume Show
Daly?s NBC talk show will be the first late-night program to produce original episodes since the Writers Guild of America went on strike three weeks ago...
New York Times - November 28, 2007
Data Seen as Favorable for Abbott?s Proposed Heart Stent
New data showed that Abbott Laboratories? new drug-coated heart stent, Xience V, ouperformed the market leader in preventing coronary arteries from clogging again...
New York Times - November 28, 2007
New Method for Making Diesel Fuel Uses Vegetable Oils
A Portuguese oil company, Galp Energia, plans to announce that it is building a 6,500-barrel-a-day plant to make diesel fuel from vegetable oils using a method akin to refining oil...
New York Times - November 28, 2007
Cyber Monday Spending Rose 21%
American consumers jammed online shopping sites on Monday, the official start of the holiday season for e-tailers, resulting in robust sales, according to an Internet research company...
New York Times - November 28, 2007
Bracing for Home Loan Losses, Wells Fargo to Take Big Charge
The nation?s second-largest mortgage lender said Tuesday that it would take a $1.4 billion fourth-quarter charge for losses it anticipated in connection with home loans...
New York Times - November 28, 2007
South Korean Leader Allows Inquiry Into Samsung Bribes
President Roh Moo-hyun of South Korea agreed to an independent investigation into a scandal that includes accusations that he may have accepted bribes from the Samsung Group...
New York Times - November 28, 2007
Economic Scene: A Slowdown in Jobs Lost, and Created
Job cuts in the private sector have fallen to a near-15-year low, but the number of new jobs created by start-up and growing businesses has also been falling...
New York Times - November 28, 2007
Grim View of Iraq Dangers in Survey of Journalists
The great majority of American journalists in Iraq say that most parts of Baghdad are too dangerous for them to visit, according to a newly released survey...
New York Times - November 28, 2007
Advertising: Pro Bono Efforts Follow Targets to the Web
The Advertising Council, which coordinates public-service initiatives for Madison Avenue, is changing its approach to better reflect changing media-consumption patterns of the audience it is trying to reach...
New York Times - November 28, 2007
Congress Called Near Compromise on Fuel Economy Bill
A deal in Congress to set significantly higher fuel economy standards for cars and light trucks could come as early as Wednesday, say those following the negotiations...
New York Times - November 28, 2007
China Rejects Europe?s Call for Currency to Rise Faster
China signaled Tuesday that it would resist demands for rapid appreciation of the yuan and would instead continue gradual progress toward a more flexible exchange rate...
New York Times - November 28, 2007
Porsche to Wait Until Holidays End to Take Over Volkswagen
Porsche will not move to take over Volkswagen before Dec. 25, but its chief executive refused to say whether Volkswagen would remain an independent carmaker in 2008...
New York Times - November 28, 2007
For Abu Dhabi and Citi, Credit Crisis Drove Deal
A falling dollar, a growing pile of oil revenue and an interest in not being overshadowed by Dubai spurred Abu Dhabi to purchase a big $7.5 billion stake in Citigroup...
New York Times - November 28, 2007
Google?s Next Frontier: Renewable Energy
Google said it would spend hundreds of millions of dollars on renewable energy, part of that to hire engineers and experts to investigate alternative energies like solar and wind power...
New York Times - November 28, 2007
Foreclosures by Lender Investigated
Countrywide Financial, the nation?s largest mortgage lender and loan servicer, has been subpoenaed to determine whether it abused the federal bankruptcy system...
New York Times - November 28, 2007
When Fuel and Politics Mix
As oil prices flirt with record highs, the Democratic and Republican candidates are offering profoundly different long-term approaches to energy policy...
New York Times - November 28, 2007
Cable Wins Compromise on F.C.C. Plans
The F.C.C. chief?s decision to scale back a plan to more tightly regulate cable television was a significant, though not total, victory for the industry...
New York Times - November 28, 2007
Verizon Wireless to Open Its Network
Verizon Wireless plans to give customers more choice in what phones they can use on its network...
New York Times - November 28, 2007
Oil Producers See the World and Buy It Up
Flush with petrodollars, oil-producing countries have embarked on a global shopping spree...
New York Times - November 28, 2007
Peru police 'kill leading rebel'
Peru says police have killed the second-in-command of the Shining Path rebels, and arrested eight others...
BBC News - November 28, 2007
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