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US News Archive for June 2006:
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Bush pledges to work with Congress on tribunal plan
President Bush said Thursday he will "conform with the findings" of the Supreme Court that strongly limit his power to conduct military tribunals for suspected terrorists imprisoned at the U.S. Navy base at Guantanamo Bay, Cuba...
CNN - June 29, 2006
12-Year-Old Dies After Riding Disney Roller Coaster
Disney has shut down the roller coaster pending an investigation of the death of Michael Russell of Fort Campbell, Tenn...
New York Times - June 29, 2006
Missing Laptop With Veterans' Data Is Found
An initial examination had found that the data had not been copied or misused in any way, the F.B.I. said...
New York Times - June 29, 2006
Supreme Court Blocks Guantánamo Tribunals
The Supreme Court today delivered a sweeping rebuke to the Bush administration, ruling that the military tribunals it created to try terror suspects violate both American military law and the Geneva Conventions...
New York Times - June 29, 2006
Stocks Rally as Fed Raises Rates but Softens Its Words
The stock market jumped after the Fed showed uncertainty about another rate increase in August...
New York Times - June 29, 2006
Ford Shifts Its Focus Away From Hybrid Vehicles
Ford said it would place a greater emphasis on developing vehicles that can run on fuels other than gasoline...
New York Times - June 29, 2006
Bush and Koizumi talk beef and NK
US beef and North Korea's missile plans are discussed as Junichiro Koizumi makes his final US trip as Japan's PM...
BBC News - June 29, 2006
US stocks soar on Fed rate news
US stocks saw their biggest rally in three years after the Fed upped interest rates for the 17th month in a row...
BBC News - June 29, 2006
US girls 'mug MySpace man'
Two US girls are charged with holding up at gunpoint a man they contacted on social networking website MySpace.com...
BBC News - June 29, 2006
Microsoft reduces US sales force
Computer giant Microsoft is to cut 148 sales jobs, as part of wider plans to be more efficient, the firm said on Thursday...
BBC News - June 29, 2006
U.S. court blocks detainee trials
The U.S. Supreme Court limits the power of the Bush administration to conduct military tribunals for detainees at Guantanamo Bay. After the decision, President George W. Bush said he would work with Congress "to determine whether or not the military tribunals will be an avenue in which to give people their day in court."...
CNN - June 29, 2006
Wilkes-Barre evacuees can go home
As the Susquehanna River in the heavily flooded northeastern region of Pennsylvania was receding Thursday, the Delaware River continued to rise and threaten southeastern Pennsylvania...
CNN - June 29, 2006
High court limits military tribunals
The Supreme Court on Thursday strongly limited the power of the Bush administration to conduct military tribunals for suspected terrorists imprisoned overseas at the U.S. Navy base in Guantanamo Bay, Cuba...
CNN - June 29, 2006
Floods Level Off, Leaving Northeast Inundated
Government forecasts indicated that it may be days before flooded areas are drained again...
New York Times - June 29, 2006
Bush Welcomes Japanese Leader to White House
The president praised the outgoing prime minister for Japan's assistance in America's international efforts...
New York Times - June 29, 2006
Supreme Court Blocks Trials at Guantanamo
The Supreme Court today delivered a sweeping rebuke to the Bush administration, ruling that the military tribunals it created to try terror suspects violate both American military law and the Geneva Convention...
New York Times - June 29, 2006
World Business Briefing: Europe, Asia
...
New York Times - June 29, 2006
Ford Won't Meet Goal on Building Hybrid Autos
Ford insisted that the decision will allow more flexibility as the company develops alternative fuel technologies...
New York Times - June 29, 2006
Computer Error Cripples Japan's Bond Market
The error halted trading for more than two hours today, just months after similar glitches repeatedly paralyzed the Tokyo Stock Exchange...
New York Times - June 29, 2006
BP Named in Inquiry on Propane Pricing
Regulators charged that BP pushed up heating costs for millions of households at the peak of winter demand...
New York Times - June 29, 2006
Bosses decry US extradition law
Business leaders tell Home Secretary John Reid that the UK's current extradition law with the US is damaging...
BBC News - June 29, 2006
Tennis: Agassi win at Wimbledon
Andre Agassi beats Andreas Seppi to reach round three in his final year at Wimbledon...
BBC News - June 29, 2006
Mexico election campaign ends
Mexico's presidential candidates make their last bid for votes ahead of hotly contested 2 July polls...
BBC News - June 29, 2006
Israel keeps up Gaza pressure
Striking from the air, land and the sea, Israeli forces fire on Gaza in the midst of intensified clashes with Palestinian militants who have been holding an Israeli soldier captive for four days, the Israel Defense Forces said...
CNN - June 29, 2006
White House Memo: Bush's Farewell to Koizumi Is Also a Reward
President Bush is giving Japan's prime minister, a huge Elvis Presley fan, a private presidential tour of Graceland...
New York Times - June 29, 2006
Outsiders find artistic success
Mentally and physically disabled artists working at a special centre in the US win recognition with their "Outsider Art"...
BBC News - June 29, 2006
Google to launch payment service
Google is set to launch an online payments service which could compete with Paypal and boost its advert sales...
BBC News - June 29, 2006
US Fed seen hiking rates to 5.25%
The Federal Reserve is widely expected to raise US interest rates amid continuing concerns about inflation...
BBC News - June 29, 2006
200,000 evacuated in Pennsylvania
At least 10 people were killed and hundreds of thousands displaced in the U.S. Northeast as major rivers and their tributaries overflowed their banks Wednesday. The torrential rain -- which averaged a half-inch an hour in some areas -- has already devastated areas from Virginia to upstate New York...
CNN - June 29, 2006
Settler's body believed found
A body found near Ramallah appears to be that of an 18-year-old Jewish settler abducted by Palestinian militants last weekend, Israeli security sources say. The discovery comes as Israel increases pressure on the Palestinian Authority and Syria as part of its bid to rescue a kidnapped soldier in Gaza...
CNN - June 29, 2006
City Tackles Meningitis in Brooklyn
City health officials are seeking to vaccinate thousands of drug users and others in and around Bedford-Stuyvesant...
New York Times - June 29, 2006
Judge Urges State Control of Legal Aid for the Poor
New York State's chief judge said the legal services for the poor provided by local governments were inadequate...
New York Times - June 29, 2006
Kerik Described as Close to Deal on a Guilty Plea
The former New York police commissioner would admit to improperly accepting a gift of apartment renovations...
New York Times - June 29, 2006
Germany's Ballack Bridges East and West
Michael Ballack, who is captain of Germany's soccer team, symbolizes that country's progress and divisions...
New York Times - June 29, 2006
Justices Uphold Most Remapping in Texas by G.O.P.
The Supreme Court upheld Republican gains, but ruled that one district's boundaries violate the Voting Rights Act and must be redrawn...
New York Times - June 29, 2006
Mid-Atlantic States Reel Under Deluge; 10 Dead
Swollen rivers, heavy from days of steady rain, spilled across their banks, threatening to inundate towns and cities from Virginia to Vermont...
New York Times - June 29, 2006
J. Crew Shares Climb 28% in Debut
By The Associated Press...
New York Times - June 29, 2006
Palm to Settle With Xerox on Patent Infringement
The dispute charged that a handwriting-recognition technology formerly used in some Palm devices infringed on a Xerox patent...
New York Times - June 29, 2006
Irving A. Berk, 100, the Founder of a Trade and Business School, Dies
Irving A. Berk founded the Berk Trade and Business School in New York and supervised the training of plumbers, electricians, car mechanics and secretaries for 65 years...
New York Times - June 29, 2006
Herman I. Merinoff, 77, Liquor Business Executive, Dies
Herman I. Merinoff transformed his family's liquor distribution business into a company with more than $3 billion in annual revenue...
New York Times - June 29, 2006
World Business Briefing: Eruope, Asia
EUROPE...
New York Times - June 29, 2006
Raytheon Reaches Settlement With S.E.C.
By Bloomberg News...
New York Times - June 29, 2006
Anadarko to Sell Canadian Subsidiary
By Bloomberg News...
New York Times - June 29, 2006
3Com Posts Narrower Loss
By Bloomberg News...
New York Times - June 29, 2006
Berry Plastics to Be Sold Again
By Reuters...
New York Times - June 29, 2006
Morgan Argues a Fraud Verdict
WEST PALM BEACH, Fla., June 28 (AP) — A $1.58 billion verdict against the investment firm Morgan Stanley should be overturned, a lawyer argued Wednesday during an appeal...
New York Times - June 29, 2006
Gains From Selling 2 Big Lines Lift ConAgra Profit Nearly 7%
OMAHA, June 28 (AP) — Profit improved nearly 7 percent for ConAgra Foods in its most recent quarter despite a drop in revenue, helped by gains from shedding ham and seafood businesses, the company reported Wednesday...
New York Times - June 29, 2006
Senate Panel Rejects Rule on Access Fee
A Senate committee rejected rules that would bar telephone and cable providers from charging new fees for priority access to their high-speed networks...
New York Times - June 29, 2006
Michael Jackson Names New Manager
Michael Jackson is moving to Europe, has fired his business managers and has hired a New York-based firm to oversee his business affairs...
New York Times - June 29, 2006
3 Companies Report Inquiry Into Options Practices
By Bloomberg News...
New York Times - June 29, 2006
Oil Helps Energy Shares Lead Mild Rally
By Reuters...
New York Times - June 29, 2006
Behind Bush's Fury, a Vow Made in 2001
The bank program disclosure puts publicity-shy bankers in the spotlight and suggests that the U.S. can't keep secrets...
New York Times - June 29, 2006
Business Joins African Effort to Cut Malaria
Companies are beginning to join forces with governments in Africa to mount regional campaigns against malaria...
New York Times - June 29, 2006
Leukemia Drug Wins Approval
WASHINGTON, June 28 (AP) — A Bristol-Myers Squibb drug received federal approval on Wednesday for the treatment of some leukemias where other drugs have failed...
New York Times - June 29, 2006
Senate Confirms Treasury Chief
WASHINGTON, June 28 (AP) — The Senate confirmed Henry M. Paulson Jr., the chief executive of Goldman Sachs, on Wednesday as the next Treasury secretary...
New York Times - June 29, 2006
Rising Insurance Rates Push Florida Homeowners to Brink
Higher premiums are forcing residents to confront the real costs of living in a hurricane-prone region, and many say life in the tropics may not be worth the price...
New York Times - June 29, 2006
Russia Consolidating Nuclear Power Operations
Russia has unveiled details of a plan to reorganize the country's myriad nuclear power plants, agencies, institutes and departments into a single state company...
New York Times - June 29, 2006
Radar Magazine Rises From the Ashes Again
Radar, the snarky pop culture glossy magazine that fizzled last year after only three issues, is being resurrected. Again...
New York Times - June 29, 2006
Maine Struggling to Revive Ailing Economy
Maine was the only state besides Louisiana to see a decline in economic activity last year, according to a new Federal Reserve study...
New York Times - June 29, 2006
Indiana Wins the Bidding for New Honda Assembly Plant
The factory will be the sixth in North America for Honda, the second-biggest Japanese automaker after Toyota...
New York Times - June 29, 2006
Estate Tax Bill Could Hurt Charities
If the estate tax bill becomes law charities may find it harder to get donations and some heirs may have to wait years or even decades longer to collect inheritances...
New York Times - June 29, 2006
Sale of Digital Security Firm Said to Be Near
RSA Security, a pioneering digital security company, quietly put itself up for sale several months ago and is now near a deal...
New York Times - June 29, 2006
New German Rule Could Increase Greenhouse Gas Emissions
The German cabinet decided to exclude the coal industry from the E.U.'s carbon trading program— a move that is expected to be challenged...
New York Times - June 29, 2006
Dell Expands Its Computer Recycling Program
Previously, consumers needed to buy new Dell equipment to qualify for free recycling...
New York Times - June 29, 2006
Advertising: Forecaster Cuts Estimate for Growth in Ad Spending
Lowering demand for ads in local media, along with soft demand from national advertisers in media like newspapers were the basis for the forecast...
New York Times - June 29, 2006
Small Business: Data Security Is No Longer an Option
These days, when a small company wants to do business with a large vendor over the Internet, having a high-speed connection is not nearly enough...
New York Times - June 29, 2006
Market Place : Pricing Power at Risk for Orthopedics Makers
Makers of artificial hips and other orthopedic devices have benefited from their pricing power, but the odd ways of that market may not last much longer...
New York Times - June 29, 2006
Oil Drilling Company Loses Twice in One Day in Congress
Nabors Industries, the big oil driller that wanted to be considered a Bermuda company for tax purposes but an American company for business purposes, may regret trying to be both...
New York Times - June 29, 2006
Google Aims to Speed the Online Checkout Line
In its quest to "organize the world's information," Google now wants to keep track of your credit card number and where you live...
New York Times - June 29, 2006
Panel Is Told S.E.C. Stopped a Hedge Fund Inquiry
A former investigator told Congress how senior S.E.C. officials gave in to political pressure and stopped his investigation of a prominent hedge fund...
New York Times - June 29, 2006
Questions Over New Eyesight Drug That May Be as Good as Older, Cheaper One
A new drug for macular degeneration is expected to be 10 to 100 times as expensive as a similar drug that many ophthalmologists say is every bit as good...
New York Times - June 29, 2006
Tight Battle for a Gazprom Board Seat
Seven months after Gazprom opened its stock to foreign investors, 26 candidates are running for the board in the general shareholders meeting on Friday...
New York Times - June 29, 2006
Economic Scene: Looking for the Incentives That Will Prompt Americans to Save More
Economists are in almost universal agreement that Americans save too little, and several policies have been proposed with the goal of encouraging them to save more...
New York Times - June 29, 2006
With Inventories Bulging, Detroit Rolls Out the Incentives
To many car shoppers, $5,000 off might sound like the deal of the year. The truth is, it might not even be the best deal this week...
New York Times - June 29, 2006
BP Named in Inquiry on Pricing
Federal regulators charged that BP manipulated the price of propane two years ago, pushing up heating costs for millions of households...
New York Times - June 29, 2006
Music Rivals Bid to Buy Each Other
Years of jockeying to combine the EMI Group and the Warner Music Group has escalated with the two now bidding to take over each other...
New York Times - June 29, 2006
Former P.& G. Chief Named Disney Chairman
The Walt Disney Company announced that John E. Pepper Jr., who joined Disney's board early this year, had been appointed nonexecutive chairman...
New York Times - June 29, 2006
European taken first in NBA Draft
Toronto take Italian Andrea Bargnani with the first pick of the NBA Draft, making him the first European to be number one choice...
BBC News - June 29, 2006
Brooks, Roy added to hall of fame
"Miracle on Ice" coach Herb Brooks and goaltending legend Patrick Roy are voted into ice hockey's hall of fame...
BBC News - June 29, 2006
Japan's PM arrives in Washington
Japanese PM Junichiro Koizumi arrives in the US for talks expected to focus on North Korea and Iran...
BBC News - June 29, 2006
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