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US News Archive for March 2007:
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Sailors shown on Iran TV
The female British sailor detained by Iran along with 14 male sailors and marines in the Persian Gulf last week said her crew "trespassed" in Iranian waters, in comments broadcast Wednesday on Iranian television...
CNN - March 28, 2007
Sailors shown in video
The lone female British sailor detained last week with 14 male sailors and marines by Iran said in comments broadcast Wednesday on Iranian television that she and her crewmates "trespassed" in Iranian waters...
CNN - March 28, 2007
Scandal stirs racial tensions in southern town
The arrest of two women teachers on charges of having sex with their male students has brought cries of lingering racism in one of South Carolina's most conservative counties and evoked some of the South's oldest and deepest-seated racial taboos...
CNN - March 28, 2007
Study Re-evaluates Evolution of Mammals
The mass extinction of 65 million years ago apparently did not clear the way for the rise of today?s mammals...
New York Times - March 28, 2007
Top Prize for Rogers, Iconoclastic Architect
Three decades after Paris?s Pompidou Center brought him fame, Richard Rogers received the profession?s top honor...
New York Times - March 28, 2007
State of the Art: The Sermon on the Tapes
When old media formats die, there are ways to bring your Super 8 films, VHS tapes and 8-tracks into the DVD world...
New York Times - March 28, 2007
Brazil's Gol to buy rival Varig
Brazilian budget airline Gol unveils plans to buy its struggling rival Varig for $275m (£140m)...
BBC News - March 28, 2007
Jail for Venezuelan baseball star
Former major league baseball pitcher Ugueth Urbina of Venezuela is given 14 years in prison for attempted murder...
BBC News - March 28, 2007
Brazil police hold 24-hour strike
Federal police across Brazil are staging a 24-hour strike, demanding a promised salary increase...
BBC News - March 28, 2007
'Malnutrition' deaths in Colombia
Colombia investigates reports that dozens of children have died from malnutrition in Choco province...
BBC News - March 28, 2007
'Flaming debris' nearly hits jet
Pilots on a Chilean passenger jet report flaming debris falling past their plane as it approached Auckland airport...
BBC News - March 28, 2007
Stunning admission by female sailor
The lone female British sailor, detained with 14 male sailors and marines by Iran last week, has written a letter to her parents "admitting" that her crew entered into Iranian waters...
CNN - March 28, 2007
San Francisco bans plastic grocery bags
Paper or fabric" San Francisco's Board of Supervisors has voted to become the first U.S. city to ban plastic bags from large supermarkets to help promote recycling...
CNN - March 28, 2007
Hostage-taker releases children, teachers
A daycare operator -- armed with grenades and a gun -- releases more than 30 preschool children and teachers after holding them hostage on a bus for more than eight hours. The man was diarmed and taken into custody soon after the hostages were freed...
CNN - March 28, 2007
Bush on Iraq bill: 'Stop making political statements'
As the Senate prepared to vote on a spending bill that sets a deadline for withdrawing troops from Iraq, President Bush said that Congress "needs to stop making political statements and start providing vital funds for our troops... and get a bill to my desk that I can sign into law."...
CNN - March 28, 2007
Phelps Smashes Another World Record, His Own
Michael Phelps smashed another record Wednesday night, and this time it was his own. Phelps won the 200-meter butterfly, leading from the first wall to the finish, in 1 minute, 52.09 seconds...
New York Times - March 28, 2007
Children Held in Manila Bus Siege Are Released
The owner of a daycare center said he took a busload of his students hostage to criticize Manila?s education policies...
New York Times - March 28, 2007
Bush Vows Not to Negotiate on Iraq Timetable
The president said the American people would blame lawmakers if there is any delay in approving money...
New York Times - March 28, 2007
ABN AMRO Urges Shareholders to Reject Breakup
...
New York Times - March 28, 2007
Porsche Completes Purchase of More Volkswagen Shares
...
New York Times - March 28, 2007
Fed Chairman Says ?Uncertainties? Have Grown
But Ben S. Bernanke reiterated his view that the United States economy is likely to expand at a moderate pace...
New York Times - March 28, 2007
New Yorkers get 9/11 clinic
New York clinic opens to treat residents suffering from so-called "World Trade Center" cough...
BBC News - March 28, 2007
US 'no longer technology king'
The United States has lost its status as the world's engine of technology innovation, the World Economic Forum says...
BBC News - March 28, 2007
Wall Street reacts to Fed caution
US stocks tumble after Federal Reserve chairman Ben Bernanke says economic uncertainty has risen...
BBC News - March 28, 2007
Bush threatens veto on Iraq bills
US President George W Bush renews a vow to veto any bill linking funding for troops in Iraq to a deadline to leave...
BBC News - March 28, 2007
UK: 15 'ambushed' in Iraqi waters
Satellite tracking data shows that a group of 15 British military personnel captured by Iran last week never strayed into Iranian waters, UK officials say. British Vice Admiral Charles Style said GPS data proves the boat carrying the Britons was "clearly" 1.7 nautical miles (3.1 kilometers) inside Iraqi waters and that they were "ambushed" by Iranian forces...
CNN - March 28, 2007
Albany Leaders Near Deal on a Budget
Gov. Eliot Spitzer and state legislative leaders appeared to have resolved the main issues over the budget that divided them...
New York Times - March 28, 2007
32 Children Held in Manila Bus Siege
MANILA, March 28 ? The owner of a daycare center took a busload of his students hostage here today, driving them to Manila City Hall, where he railed against corruption in Philippine politics through a loudspeaker and criticized the government for failing to provide education to the poor...
New York Times - March 28, 2007
Call to Increase M.R.I. Use for Breast Exam
Two reports urge greatly expanded use of M.R.I. scans but radiologists are not equipped for more demand...
New York Times - March 28, 2007
US boot camp death family settle
Florida authorities are ordered to pay $2.4m to the family of a boy who died after being beaten at a boot camp...
BBC News - March 28, 2007
Gunmen seize bus in Philippines
Two gunmen took a group of schoolchildren and their teachers hostage in central Manila Wednesday morning, as police cordoned off an area near City Hall, authorities said...
CNN - March 28, 2007
Family sees coverup in friendly fire death
The family of Cpl. Pat Tillman said the Army investigation into the former NFL player's death by friendly fire in Afghanistan suggests a "conspiracy" and vowed to pursue a congressional investigation into how the death was handled...
CNN - March 28, 2007
Iran: Inquiry first, access second
Iran says Britain will get access to the 15 detained sailors and marines it is holding, including the only female Faye Turney, above, once a preliminary investigation is completed...
CNN - March 28, 2007
Withdrawal timeline survives Senate vote
Defying President Bush, the Democratic-led Senate turned back a Republican attempt to remove a call for U.S. withdrawal from Iraq from a $124 billion war-spending bill, Tuesday...
CNN - March 28, 2007
White House Spokesman?s Cancer Recurs
The colon cancer Tony Snow battled two years ago has returned and has spread, reaching his liver...
New York Times - March 28, 2007
Teenager Casts Light on a Shadowy Game
A Texas boy has become a scared-straight spokesman against a choking game after he nearly died playing it...
New York Times - March 28, 2007
Behind Foreclosures, Ruined Credit and Hopes
In Newark and elsewhere, heavy mortgage debt has led many first-time homebuyers to the edge of financial ruin...
New York Times - March 28, 2007
Much Wider Use of M.R.I.?s Urged for Breast Exam
Two reports call for greatly expanded use of M.R.I. scans but radiologists are not equipped for more demand...
New York Times - March 28, 2007
Senate Backs a Pullout Date in Iraq War Bill
Rejecting a Republican effort to strip the date from a spending bill, the Senate delivered a strong rebuke to President Bush?s war policy...
New York Times - March 28, 2007
Orin Atkins, 82, Executive Who Built Up Ashland Oil, Dies
Orin E. Atkins?s 16-year tenure as chief executive of Ashland Oil was also marred by improper business dealings...
New York Times - March 28, 2007
World Business Briefing | Europe: Portugal: Utility Buys Texas Wind Farm
EDP-Energias de Portugal, an electric utility, said that it had agreed to buy Horizon Wind Energy of Texas from the Goldman Sachs Group for $2.15 billion to more than double its wind-power production. EDP, which is based in Lisbon, said it would borrow the money to pay for Horizon, which is based in Houston and has assets in 15 states. EDP has branched into Spain and the United States because it faces growing competition in Portugal. The market in the United States has gained appeal because the federal government has extended incentives for wind energy...
New York Times - March 28, 2007
World Business Briefing | Asia: China: U.S. Company Buys Shanghai Bank
UCBH Holdings, a bank that specializes in serving Chinese-Americans, said it would buy the Business Development Bank of Shanghai for $205 million to offer services to customers who do business in China. Business Development Bank, which is privately held, was established in 1992 as the first bank wholly owned by foreigners to operate in China. It will become a unit of United Commercial Bank, the operating unit of UCBH. Thomas Wu, chief executive of UCBH, said the purchase should save his company four to five years in achieving its expansion plans in China...
New York Times - March 28, 2007
World Business Briefing | Global Trade: Japan and Chile Sign Trade Pact
Japan and Chile have signed a free trade pact, Tokyo?s first with a South American nation and only its fifth over all. The agreement will eventually scrap more than 90 percent of tariffs on bilateral trade worth $8.2 billion last year. The two nations will work to bring the pact into effect by the time of a visit to Japan by Chile?s president, Michelle Bachelet, above, expected in September. Under the agreement, nearly all Japan?s exports to Chile, worth $1.07 billion, would be tariff-free, while 90.5 percent of Chilean shipments to Japan, worth $7.13 billion, would be exempt from tariffs within 10 years of the deal?s taking effect...
New York Times - March 28, 2007
World Business Briefing | Europe: France: Qatar Affirms Airbus Order
Airbus rescued a $16 billion order from Qatar Airways for 80 A350 XWB long-range planes after designing a wider body and wings to beat out Boeing?s rival 787 Dreamliner. ?We have got what we want from them,? said Akbar al-Baker, chief executive of the state-owned Persian Gulf airline. He said he expected to sign a preliminary order in a few weeks and a firm order at the Paris Air Show in June. Mr. Baker threatened to buy Boeing?s rival 787 Dreamliner last month unless Airbus came up with a detailed redesign of the A350 by June...
New York Times - March 28, 2007
World Business Briefing | Americas: Canada: T-Shirt Maker Shifts Production
Gildan Activewear, one of the largest makers of T-shirts in North America, said it would close five plants in Canada, the United States and Mexico and eliminate 1,830 jobs to move production to lower-cost operations in Central America. The company will shut two textile plants in Montreal, two sewing plants in Mexico and a cutting factory in Bombay, N.Y., it said. Gildan will record a restructuring charge of $21.5 million, or 35 cents a share, in fiscal 2007, which ends in September. Gildan, based in Montreal, is shifting production from older plants in North America to newer factories in Central America. It expects to save $45 million a year starting in fiscal 2008 from lower expenses for production, shipping and duties...
New York Times - March 28, 2007
Backdating Case Is Settled
The former general counsel at Monster Worldwide was permanently banned from working as a director or officer of a public company as part of a settlement...
New York Times - March 28, 2007
H.P. Accuses Acer of Infringing Patents
The patents cover computer technologies involving DVD editing, processing ability, and power consumption and efficiency...
New York Times - March 28, 2007
Entrepreneur Gets 9 Years in Tax Case
Walter C. Anderson, who once tried to turn the Russian Mir space station into an orbiting hotel, was sentenced for failing to report $365 million in income...
New York Times - March 28, 2007
Illinois Jury Sides With Merck In a 10th Trial Over Painkiller
Jurors sided Merck over claims that its painkiller, Vioxx, was responsible for the death in 2003 of an obese 52-year-old woman...
New York Times - March 28, 2007
Portugal Utility Deal for U.S. Wind Farm
EDP-Energias de Portugal will buy Horizon Wind Energy of Texas for $2.15 billion to more than double its wind-power production...
New York Times - March 28, 2007
Inquiry Is Begun on Home Builder
Beazer Homes USA now faces a federal investigation into mortgage fraud and other accusations...
New York Times - March 28, 2007
Qwest Chief Knew U.S. Fiber Optic Needs
Jurors heard testimony about the possibility of secret government contracts that gave Qwest?s chief hope for the telephone company?s future...
New York Times - March 28, 2007
Hollinger Trial Witness Tells of Payment Note
A witness testified he saw a lawyer for Hollinger write a note directing payment of $9.5 million to Conrad M. Black and three other men from the sale of several small newspapers...
New York Times - March 28, 2007
Delta Expects to Exit Chapter 11 in April
The airline expects to emerge from bankruptcy protection with an eye on improving customer service and selling more assets to build shareholder value...
New York Times - March 28, 2007
F.C.C. Approves $12 Billion Sale of Univision Communications
The move comes after Univision agreed to pay a record $24 million fine and improve the quality of its children?s programming...
New York Times - March 28, 2007
Homebuilder?s Profit Falls 73% in Slumping Housing Market
The Lennar Corporation also warned that it expected to fall short of its 2007 earnings forecast...
New York Times - March 28, 2007
Stocks & Bonds: Weak Housing Report Weighs on Shares
New data raised the possibility that weakness in the housing market would seep into the broader economy and crimp consumer spending...
New York Times - March 28, 2007
Yahoo to Remove Limit on Storage
Yahoo plans to offer unlimited e-mail storage to its roughly quarter of a billion users, starting in May...
New York Times - March 28, 2007
Chinese Owner Rolls Out MG Sports Cars
The $362 million MG production line began Tuesday, seeking to revive the historic brand both in China and overseas...
New York Times - March 28, 2007
Paper Cancels Decision to Let Outsiders Edit Opinion Pages
The publisher for The Los Angeles Times canceled a program to select prominent people to edit the Sunday opinion section...
New York Times - March 28, 2007
Regulator Favors Standards Against Predatory Lending
The chairwoman of the Federal Deposit Insurance Corporation is the first top regulator to urge a legislative solution for the subprime problem...
New York Times - March 28, 2007
Consumer Confidence Index Falls More Than Predicted
Rising gasoline prices and stock market turbulence undermined consumer confidence in March...
New York Times - March 28, 2007
Square Feet: For Investors, a Less Insular Island
The Long Island commercial real estate market scene now has new faces, as outside investors are increasingly buying up office buildings...
New York Times - March 28, 2007
New Effort to Tap Technology to Aid the Service Economy
The creation of the Service Research and Innovation Initiative represents the latest step to promote an emerging field called ?service science.?...
New York Times - March 28, 2007
Child to End Publication, but Web Site Will Continue
Child magazine will be printed for the last time this spring, but the magazine?s Web site will continue to post original content...
New York Times - March 28, 2007
Rosneft Wins Yukos Stake in 4-Minute Sale
The Russian state oil company Rosneft won an auction for assets of Yukos, tightening the Kremlin?s control of energy industries in the country...
New York Times - March 28, 2007
Advertising: Marketers, Gingerly, Bite at Parody Bait
Heeb, a magazine marketed to young, urban Jews, ran parody ads that became so popular that the magazine has turned into a ?quasi ad agency.?...
New York Times - March 28, 2007
Upgraded Version of Xbox 360 to Be Introduced by Microsoft
Microsoft is bringing out a new version of the Xbox 360 to appeal to an elite class of hardcore game players...
New York Times - March 28, 2007
ITT Guilty of Revealing Classified Military Data
The night-vision goggle maker agreed to pay a $100 million penalty for illegally sending classified military information to other nations...
New York Times - March 28, 2007
Lender Said to Be Weighing a Bankruptcy Filing Soon
New Century is still hoping to find a buyer for the company, but the chances for such a deal appear to be dimming...
New York Times - March 28, 2007
Market Place: First, a New Artery Stent Study; Now, Questions About What It All Means
Whether the trial results lead to a change in the use of stents depends on how the doctors and patients react...
New York Times - March 28, 2007
Auto Union Head Vows Hard Line Against Concessions
The head of the United Automobile Workers made clear at a bargaining convention that workers are done making sacrifices...
New York Times - March 28, 2007
Square Feet: 2 Cities and 4 Bridges Where Commerce Flows
Manufacturers are drawn to Juárez, Mexico, which has both low-cost Mexican labor and easy access to the U.S. market...
New York Times - March 28, 2007
Economix: Earth?s Climate Needs the Help of Incentives
A guide to the economics of global warming to help sort out substantive attempts at change from the others...
New York Times - March 28, 2007
Break Seen in Logjam Over Trade
Democrats in the House proposed a series of revisions that won guarded praise from both organized labor and the Bush administration...
New York Times - March 28, 2007
Burger King Shifts Policy on Animals
Animal welfare advocates called the chain?s shift to more humane egg and meat production a ?historic advance.?...
New York Times - March 28, 2007
Wal-Mart Chief Writes Off New York
Wal-Mart may be scaling back plans to open a store in the nation?s largest city after a bruising, and so far unsuccessful, battle...
New York Times - March 28, 2007
Hispaniola struck by heavy floods
Heavy flooding in Haiti and the Dominican Republic leaves at least 11 people dead, with thousands evacuated...
BBC News - March 28, 2007
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