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US News Archive for September 2006:
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Musharraf faces spy agency fallout
British Prime Minister Tony Blair has reassured Pakistan's President Pervez Musharraf that a leaked intelligence report from the British military that criticizes Pakistan's ability to fight terrorism was not government policy...
CNN - September 28, 2006
Bush: Democrats the 'party of cut-and-run'
President Bush counterpunched at Democrats on Thursday, saying their criticism of the war in Iraq has turned their party into one of "cut-and-run" obstructionists...
CNN - September 28, 2006
Tape Tied to Al Qaeda Urges More Attacks in Iraq
The tape called for kidnappings to try to force the release of a high-profile Muslim cleric imprisoned in the U.S...
New York Times - September 28, 2006
Chess Player Says Opponent Behaved Suspiciously
At the world chess championship, Veselin Topalov says his opponent took an excessive number of bathroom breaks...
New York Times - September 28, 2006
Senate Nears Final Vote on Detainee Bill
Setting the stage for final passage of the bill, the Senate rejected an amendment guaranteeing terror suspects the right to challenge their imprisonment in court...
New York Times - September 28, 2006
Pirro Hits Trail After Inquiry Emerges
Jeanine F. Pirro said she would not drop out of the race for New York attorney general, a day after acknowledging that she is under investigation...
New York Times - September 28, 2006
China Allows Rise in Currency Value
The government evidently has decided to permit the currency to appreciate much faster than before...
New York Times - September 28, 2006
Former H.P. Chairwoman Testifies on Spying
Patricia C. Dunn said she did not remember talking to a detective about using illegal tactics in pursuit of a leaker on Hewlett-Packard’s board...
New York Times - September 28, 2006
Portugal raps Chavez over poster
Venezuela apologises after President Chavez uses an image of Portugal's premier in a poll campaign poster...
BBC News - September 28, 2006
Morocco attacked on US rendition
Moroccan rights activists call on the government to acknowledge the existence of secret US detention centres...
BBC News - September 28, 2006
School assault of 'sexual nature'
A gunman who killed a 16-year-old student hostage and then himself during a high school standoff "traumatized and assaulted" his hostages and the attack "was of a sexual nature," police say...
CNN - September 28, 2006
School attack was 'of a sexual nature'
A gunman who killed a student hostage and then himself during a high school standoff in Colorado "traumatized and assaulted" his captives in an attack that "was of a sexual nature," police said Thursday. Police identified the gunman as Duane Morrison, 53. A witness to the standoff said the gunman wanted to take only girls hostage...
CNN - September 28, 2006
Bush urges Senate to pass detainee bill
President Bush urged the Senate on Thursday to follow the House lead and approve a White House plan for detaining and interrogating terrorism suspects, saying, "The American people need to know we're working together to win the war on terror."...
CNN - September 28, 2006
Musharraf faces new terror fallout
British Prime Minister Tony Blair and his Pakistani counterpart are set to meet in London amid fallout from a leaked intelligence report that says the war on terror is acting like "a recruiting sergeant for extremists."...
CNN - September 28, 2006
Bush Travels to Hill to Push Detainee Bill
The argument in the Senate seems likely to focus on potential changes, rather than on its overall fate...
New York Times - September 28, 2006
Kerkorian May Increase Stake in G.M.
The largest shareholder urged the board to conduct a “strong” review of his proposal to work with two rivals...
New York Times - September 28, 2006
H.P. Counsel Resigns as Hearings Open
Ann O. Baskins, one of the key executives supervising the company’s spying operation, will not answer questions at the Congressional hearing...
New York Times - September 28, 2006
Dow Briefly Passes Its All-Time Closing High
Stocks crossed the 11,722.98 mark, passing a point it has not reached since the frenzy of the technology boom...
New York Times - September 28, 2006
US growth weaker than predicted
US economic growth slowed more than expected in the second quarter of 2006, revised official data says...
BBC News - September 28, 2006
US shares move above record high
The New York Stock Exchange's benchmark Dow Jones share index trades above its record closing high...
BBC News - September 28, 2006
Girl, 16, dies in siege bloodshed
Details are emerging about the death of a student taken hostage during an armed standoff in a high school classroom in Bailey, Colorado. Sheriff Fred Wegener of the Park County Sheriff's Department said: "Officers breached the classroom with explosives... Within seconds the gunman shot one of the hostages and then shot himself."...
CNN - September 28, 2006
Bush tries to heal terror rift
Over dinner at the White House, U.S. President George W. Bush appeals to the leaders of Afghanistan and Pakistan to put aside their differences for the common fight the allies have in the war against terrorism...
CNN - September 28, 2006
Protesters Fuel a Long-Shot Bid to Oust Taiwan’s Leader
Accusations of corruption levied against both the president and his family have led a group of activists to protest for his resignation...
New York Times - September 28, 2006
Comments by G.M. Leaders Cast Doubt on Partnership Deal
Executives said today that their auto company was well on its way to a turnaround without an alliance with Renault of France and Nissan of Japan...
New York Times - September 28, 2006
Royal & Sun Alliance sells US arm
Insurance firm Royal & Sun Alliance sells its US operations to a company set up by its management team for £158m...
BBC News - September 28, 2006
HP boss 'did not back spy probe'
Ousted Hewlett Packard chief Patricia Dunn denies wrongdoing in an investigation into boardroom leaks...
BBC News - September 28, 2006
Fear for lost 'Dirty War' witness
Tens of thousands march through the Argentine capital after a key "Dirty War" trial witness goes missing...
BBC News - September 28, 2006
UN to vote for Annan replacement
The UN Security Council is to hold a vote on a new secretary general, with a South Korean the current favourite...
BBC News - September 28, 2006
Bush mediates anti-terror allies
Over dinner at the White House, U.S. President George W. Bush appeals to the leaders of Pakistan and Afghanistan to put aside their differences for the common fight in the war against terrorism...
CNN - September 28, 2006
Mass rally for 'dirty war' witness
Thousands of people led by human rights activists and leftist groups marched in a nighttime demonstration appealing for the safe return of a key "Dirty War" prosecution witness missing for more than a week...
CNN - September 28, 2006
School sieges ends violently
An armed standoff at a high school in Bailey, Colorado, ended Wednesday with the gunman and a hostage dead. Sheriff Fred Wegener of the Park County Sheriff's Department said the suspect shot one of two female hostages -- a student -- and then killed himself when SWAT officers stormed the classroom...
CNN - September 28, 2006
Mortgage Suit Says ‘Trust Us’ Led to Fleecing
Dozens of Virginians were victims of one of the largest mortgage frauds in U.S. history, a lawsuit says...
New York Times - September 28, 2006
As 2 Bushes Try to Fix Schools, Tools Differ
Gov. Jeb Bush of Florida has been speaking out about the No Child Law Behind law, mixing dollops of praise with measured criticisms and taking an occasional potshot...
New York Times - September 28, 2006
House Passes Detainee Bill as It Clears Senate Hurdle
Congress took major steps toward establishing a new system for dealing with terror suspects as the House approved legislation sought by President Bush...
New York Times - September 28, 2006
New Hope for Democrats in Bid for Senate
The Democrats suddenly face a map with unexpected opportunities in their battle for control of the Senate...
New York Times - September 28, 2006
U.S. Investigating Pirro’s Talk of Taping Spouse
Jeanine F. Pirro, the Republican candidate for New York attorney general, said she had discussed bugging her husband but insisted she broke no laws...
New York Times - September 28, 2006
After a Seven-Year Ban, Salmon Fishing Returns to Maine
With salmon slowly returning, Maine has opened its first wild salmon season in seven years...
New York Times - September 28, 2006
World Business Briefing: Bid for Sears Canada Extended
The Sears Holdings Corporation extended until Oct. 31 its $802 million offer to buy the 46 percent of Sears Canada it does not already own. The proposal may be further extended as the company seeks to appeal a regulatory ruling blocking its effort to buy the stake. The bid would pay Sears Canada stockholders 18 Canadian dollars a share and values the company at about 1.94 billion Canadian dollars ($1.74 billion). Sears also said it would ask the Ontario Court of Appeal to reconsider a decision by the Ontario Securities Commission that barred Sears Holdings from counting some shareholder votes toward the proposed purchase and effectively prevented the company from completing the acquisition...
New York Times - September 28, 2006
Advertising: The Search for Life in Yet Another Ghost Brand
Owners of many forlorn brands are selling or licensing them in the hopes of reviving them through advertising, price promotions and public relations...
New York Times - September 28, 2006
Small Business: In Life’s Second Act, Some Take on a New Role: Entrepreneur
More retired people are rejecting unfettered leisure in favor of starting up small businesses...
New York Times - September 28, 2006
McDonald’s Raises Its Dividend by 49%
The move was part of a push by the company to return billions of dollars to its shareholders...
New York Times - September 28, 2006
Hispanic Jobless Rate Dips
Unemployment among Hispanics reached a record low of 5.2 percent in the second quarter of this year...
New York Times - September 28, 2006
World Business Briefing: Canadian Bank Acquires First National of Indiana
The Harris Financial Corporation, a subsidiary of the Bank of Montreal, agreed to buy First National Bank & Trust of Indiana for $290 million. First National has $1.3 billion in assets, $920 million in deposits and more than $500 million in trust assets. It has 32 branches in Indianapolis and nearby areas, and provides banking, trust, investment and insurance services. Harris already has 200 branches in the Chicago area and considers Indianapolis an attractive market for its small- and midmarket business banking capabilities, according to Ellen Costello, who became chief executive of Harris on Aug. 1...
New York Times - September 28, 2006
S.E.C Accuses 3 Ex-Officers at Reinsurer of Fraud
The S.E.C. accused former executives of RenaissanceRe Holdings of practicing fraudulent accounting to improve earnings reports...
New York Times - September 28, 2006
In Rally’s 3rd Day, Dow Edges Closer to Record
The Dow Jones industrial average fell just short of touching its record high close after a jump in oil prices stifled investors’ enthusiasm...
New York Times - September 28, 2006
Verizon Details Its Fiber Optic Spending
Verizon gave its first answers to financial questions about the fiber optic network it is building, in a report that reassured analysts but unnerved investors...
New York Times - September 28, 2006
A Busch Retakes the Reins
August A. Busch IV will become president and chief executive of Anheuser-Busch, in a move that puts a Busch family member back in charge of the company...
New York Times - September 28, 2006
Amgen Prices Colon Cancer Drug 20% Below ImClone Rival
The move appeared to be a competitive strategy and based on public concerns about the costs of new cancer drugs...
New York Times - September 28, 2006
Economic Scene: The More We Make, the Better We Want
Early economists were wrong to have imagined that a two-hour work week might someday enable us to buy everything we want...
New York Times - September 28, 2006
Vince Sportswear Line Is Sold
The sportswear label of luxury basics that became a $50 million business will be bought by the Kellwood Company...
New York Times - September 28, 2006
News Corp. Buys 2 Groups of Weekly Papers
The company broadened its metropolitan-area presence with the acquisition of two newspaper groups serving Queens and Brooklyn...
New York Times - September 28, 2006
Bank of America Acknowledges Illicit Funds Moved Through a Manhattan Branch
The company said its lax operations allowed South American money launderers to illegally move $3 billion through a single branch...
New York Times - September 28, 2006
Icahn Turns His Eye, and $500 Million, on Federated
The move raises the possibility that Carl C. Icahn, the activist investor, may be planning to agitate for change at the company...
New York Times - September 28, 2006
Report Shows Home Sales Rising, but Skeptics Abound
Economists warned that underneath the rising numbers, signs of a weakening housing market were more prevalent than ever...
New York Times - September 28, 2006
Former Chief of Comverse Is Arrested in Namibia
The U.S. intends to seek Jacob Alexander’s extradition to face charges stemming from a scheme to backdate stock option grants...
New York Times - September 28, 2006
Air Force Jet Wins Battle in Congress
The F-22 Raptor fighter jet, a Maserati of the skies, has just taken on Washington budget-cutters, and won, thanks to a powerful lobby...
New York Times - September 28, 2006
David Pogue: Some Phones Are Just, Well, Phones
Basic cellphones line up for a Simplicity Derby, but are they efficient?...
New York Times - September 28, 2006
The Newspaper Publisher Who Said No to More Cuts
In refusing job cuts at the Los Angeles Times, publisher Jeffrey M. Johnson has transformed himself in the eyes of Times employees...
New York Times - September 28, 2006
Ex-H.P. Officer to Say She Knew of No Illegality
Patricia C. Dunn maintains that while she was in regular contact with those conducting the operation, she was not its supervisor...
New York Times - September 28, 2006
The Ascent of Wind Power
Wind power is emerging as a alternative in fast-growing countries like India and China that are avidly seeking new energy sources...
New York Times - September 28, 2006
If Not G.M., Says Ghosn, Maybe Ford
Carlos Ghosn’s comments came hours after he met with General Motors’ chief executive, Rick Wagoner...
New York Times - September 28, 2006
Rural Areas Left in Slow Lane of High-Speed Data Highway
Big phone and cable companies are reluctant to expand in rural areas, leaving millions without high-speed access...
New York Times - September 28, 2006
US hosts Karzai-Musharraf talks
The US president hosts talks between the Pakistani and Afghan leaders to try to ease tensions...
BBC News - September 28, 2006
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