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US News Archive for September 2006:
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Congressman resigns after e-mails questioned
Rep. Mark Foley, a Republican from Florida, resigned Friday from the House, a day after a former congressional page questioned e-mails Foley had sent to him. Foley apparently sent the e-mails in August 2005, when the male page was 16 years old...
CNN - September 29, 2006
Colorado Gunman Sent Letter Predicting Death
The gunman who held several students hostage in a Colorado high school sent relatives a letter the day before, apologizing for the action that would take place...
New York Times - September 29, 2006
Bathroom Dispute Halts Chess Championship
Vladimir Kramnik of Russia refused to play after being locked out of his private bathroom...
New York Times - September 29, 2006
Judge Accepts Plea Deal in Rhode Island Fire
The plea agreement will allow one of the owners to avoid jail despite protests from the victims' relatives...
New York Times - September 29, 2006
Nigeria and Venezuela to Cut Oil Production
The two OPEC members said today that they would voluntarily cut production in response to declining crude oil prices...
New York Times - September 29, 2006
India Economy Grew at Torrid Pace Last Quarter
India is now growing faster than nearly any other sizeable economy in the world...
New York Times - September 29, 2006
US 'hiding Iraq woes' - Woodward
Washington Post writer Bob Woodward says, in a new book, that the true extent of the Iraq war is being hidden...
BBC News - September 29, 2006
'God will be the judge and jury this time'
Polk County, Florida, Sheriff Grady Judd said SWAT team members "shot and killed the suspect who killed our deputy" after a manhunt...
CNN - September 29, 2006
Gunman 'knew students' names'
The gunman who shot and killed a high school student after holding her and five others hostage had asked for students by name, a Colorado police chief says...
CNN - September 29, 2006
Woodward: Kissinger advises White House on Iraq
Henry Kissinger has been advising President Bush and Vice President Cheney about Iraq, telling them that "victory is the only meaningful exit strategy," author and journalist Bob Woodward said...
CNN - September 29, 2006
Pirro & Pirro, a Partnership of Power and Distrust
The Pirros are not only a couple, but political and financial partners with intertwined fates...
New York Times - September 29, 2006
Report on Spending Shows Less In, Less Out
Americans saw their incomes rise at a slower rate in August, and were more frugal in their spending, the Commerce Department reported today...
New York Times - September 29, 2006
Book Says Bush Ignored Urgent Warning on Iraq
A new book by Bob Woodward, the Washington Post reporter and author, describes a White House riven by dysfunction and division over the war...
New York Times - September 29, 2006
The Hurt After Katrina Continues for a Prospect
Newly opened in the wake of Hurricane Katrina, South Plaquemines High won for the first time ever last Friday, but the team lost a major-college prospect in the process...
New York Times - September 29, 2006
New York judge frees gaming boss
A New York judge frees the ex-chairman of online gaming firm Sportingbet, arrested earlier in September...
BBC News - September 29, 2006
Head teacher shot in Wisconsin
A head teacher is shot at a high school in the US state of Wisconsin and a suspect is in custody, reports say...
BBC News - September 29, 2006
Quake hits Venezuela, Trinidad
An earthquake of 6.0 magnitude shakes parts of Venezuela and the nearby island of Trinidad...
BBC News - September 29, 2006
Priests 'took US church millions'
A Catholic priest is held in Florida and another is on the run after stealing millions from parishioners, police say...
BBC News - September 29, 2006
In Iraq, a family demands answers
Umm Luma Rumani was shot five times by a stranger outside her home. Her son Osama curses the unknown killers: "May God orphan you. May you lose your mother and go through this pain." One family's heartbreak illustrates the sectarian strife that now grips parts of Iraq...
CNN - September 29, 2006
Pakistan 'kidnaps terror suspects'
Pakistan routinely abducts terror suspects and transfers them to Guantanamo Bay, Bagram, north of Kabul, or secret U.S. detention centers elsewhere, says Amnesty International in a report alleging human rights abuses...
CNN - September 29, 2006
Thai Official Names Interim Leader, Then Denies Doing So
Reports and rumors about the ruling junta’s choice for an interim prime minister centered on Surayud Chulanont, a respected retired general...
New York Times - September 29, 2006
New Woodward Book Says Bush Ignored Urgent Warning on Iraq
“State of Denial,” by Bob Woodward, the Washington Post reporter and author, describes a White House riven by dysfunction and division over the war...
New York Times - September 29, 2006
News Analysis: Democrats See Strength in Bucking Bush
The Senate vote on the detainee bill shows that party leaders believe the president’s power to wield national security as a political issue is diminished...
New York Times - September 29, 2006
R.I.M. Says It’s Reviewing Stock Option Practices
The news did not phase investors of the popular BlackBerry maker, who focused on the company’s higher-than-expected net profit...
New York Times - September 29, 2006
Kerkorian wants extra GM shares
Billionaire investor Kirk Kerkorian says he wants to buy up to 12 million more shares in General Motors...
BBC News - September 29, 2006
Congress committee slams Hewlett
Hewlett Packard is heavily criticised by US Congress representatives at a hearing into the firm's corporate espionage...
BBC News - September 29, 2006
Lula boycotts pre-poll TV debate
Brazilian President Luiz Inacio Lula da Silva pulls out of a TV debate with other presidential candidates...
BBC News - September 29, 2006
Union fears over Airbus job cuts
Job cuts at Airbus may be up for debate at a company board meeting, a union at the planemaker warns...
BBC News - September 29, 2006
White House lobbyist ties 'wider'
Disgraced US lobbyist Jack Abramoff had more contacts with the White House than it has admitted, an inquiry finds...
BBC News - September 29, 2006
Space tourist, crew touch down
The space capsule carrying Anousheh Ansari, the world's first female paying space tourist, back to Earth touched down Friday on the Kazakh steppe after a bone-jarring journey from the international space station...
CNN - September 29, 2006
Victim sent final message to family
Held as a hostage by a gunman who assaulted the captive students, 16-year-old Emily Keyes managed to send a message of love to her family. Hours later, she died from a gunshot to the head as authorities were trying to rescue her...
CNN - September 29, 2006
EU, Iran fail to reach atom deal
European Union foreign policy chief Javier Solana said on Thursday he had failed to reach a deal with the chief Iranian negotiator on Tehran's nuclear ambitions, but said they would hold another round of talks soon...
CNN - September 29, 2006
Senate Moves Toward Action on Border Fence
The bill would require construction of two layers of reinforced fencing in stretches of California, Arizona, New Mexico and Texas...
New York Times - September 29, 2006
Martínez to Miss Entire Postseason With a Calf Injury
The Mets learned late Thursday that Pedro Martínez had torn a tendon in his left calf, putting an end to his injury-plagued season and jeopardizing the team’s postseason hopes...
New York Times - September 29, 2006
Chess Contender Complains of Rival’s 50 Bathroom Breaks
At the world chess championship, Veselin Topalov's manager stopped short of accusing Vladimir Kramnik of cheating...
New York Times - September 29, 2006
Report Links White House and Lobbyist
A Congressional report finds hundreds of contacts between White House officials and the corrupt lobbyist Jack Abramoff...
New York Times - September 29, 2006
Democrat Ahead in New York G.O.P. Areas, Poll Finds
Attorney General Eliot Spitzer is making inroads in Republican strongholds and on traditional Republican issues, according to a new Times/CBS News poll...
New York Times - September 29, 2006
Candidate and Erring Spouse Rose to Power in Partnership
Jeanine F. Pirro and her husband are not only a couple, but political and financial partners with intertwined fates...
New York Times - September 29, 2006
Senate Passes Broad New Detainee Rules
The bill, approved 65 to 34, establishes far-reaching new rules on the treatment of terrorism suspects and is expected to go to the president by week’s end...
New York Times - September 29, 2006
The Churn: People
People...
New York Times - September 29, 2006
Advertising: Selling the Future, Wary but Hopeful
The slow pace of change at John Hancock Financial Services speaks to an issue that has long fascinated Madison Avenue: how often an advertiser should change a campaign...
New York Times - September 29, 2006
Insider: Betting on the Weather and Taking an Ice-Cold Bath
The complex lesson learned from Amaranth Advisors is that risk management can look good, sound good and still be dangerously weak...
New York Times - September 29, 2006
World Business Briefing: Spanish Real Estate Company Acquired
Grupo Martinsa, a Spanish real estate company, agreed to buy Fadesa Inmobiliaria, another real estate company, for about 4 billion euros ($5.1 billion) to quadruple its land holdings. Martinsa, a closely held company based in Madrid, bid 35.70 euros for each of the remaining shares, 21 percent more than the closing price Wednesday of 29.55 euros. Manuel Jové, chairman of Fadesa, agreed to sell his family’s 54.6 percent stake in the company, based in La Coruña. House prices have been rising in Spain for seven years and the purchase of Fadesa is the fourth acquisition of a real estate company in the country since June...
New York Times - September 29, 2006
World Business Briefing: Brazil Economic Outlook Revised
Brazil’s central bank cut its forecasts for inflation and growth in 2006, indicating that there may be more interest rate cuts this year as price increases stay tame amid an economic slowdown. In its quarterly inflation report, the bank reduced its 2006 inflation forecast to 3.4 percent, from 3.8 percent, while it raised its 2007 projection to 4.3 percent, from 4.2 percent. The bank also reduced its forecast of growth in the gross domestic product for 2006 to 3.5 percent, from 4 percent. “This report indicates more interest rate cuts, not fewer,” said Guilherme da Nóbrega, chief economist at the Itaú Corretora brokerage in São Paulo. “It shows G.D.P. growth is lower than the bank previously expected and so the inflation outlook is calmer.”...
New York Times - September 29, 2006
World Business Briefing: Seagate to Open a Third Plant in Singapore
Seagate Technology, the world’s largest maker of computer disk drives, said it would invest $819 million in its third plant in Singapore for data-storage devices. Jerry Glembocki, senior vice president of Seagate’s recording heads and media operations, said the new plant would begin operating in mid-2008 and create 3,000 jobs. Lim Hng Kiang, minister for trade and industry, said in a speech that the new facility was a key development for Singapore, which last year accounted for production of a quarter of the world’s disk media...
New York Times - September 29, 2006
Microsoft’s Rival Device Will Be Priced Similar to iPod: $249.99
Microsoft plans to release its Zune music player on Nov. 14 in the U.S., just ahead of the holiday gift-buying rush...
New York Times - September 29, 2006
PayPal Settles With States
PayPal will better inform users about fraud protection under a deal announced with the attorneys general of 28 states...
New York Times - September 29, 2006
Belgians Say Banking Group Broke European Rules in Giving Data to U.S.
The Belgian banking consortium Swift breached privacy rules when it provided confidential information, a commission said...
New York Times - September 29, 2006
A Battery Recall for ThinkPads
The Lenovo Group and I.B.M. are recalling more than half a million notebook computer batteries made by Sony after a computer caught fire...
New York Times - September 29, 2006
Yahoo to Be Featured on H.P. Computers
A deal with Hewlett-Packard will place Yahoo search and other services on H.P. personal computers sold in the U.S. and Europe...
New York Times - September 29, 2006
Growth Pace Is Revised Downward for Quarter
The pace of economic growth softened more sharply than expected in the second quarter and corporate profits rose feebly...
New York Times - September 29, 2006
Car Parts Maker Fires Officers After Inquiry
The investigation at the CSK Auto Corporation found errors and irregularities that affected several inventory and expense accounts...
New York Times - September 29, 2006
Royal Ahold Will Avoid Prosecution
In light of a $1.1 billion settlement with plaintiffs in a shareholder suit, the government is not asking for additional restitution...
New York Times - September 29, 2006
Icahn Asks Holders of ImClone Shares to Oust 6 on Board
Investor Carl C. Icahn will not seek to remove the six board members unless shareholders approve one of his own nominees...
New York Times - September 29, 2006
Hewlett Lawyer’s Liability Is Unclear, Experts Say
Hewlett-Packard’s general counsel resigned over the company’s spying case, the fourth official to leave the company in the last week...
New York Times - September 29, 2006
For a Moment, the Dow Was Above Its Record Close
The Dow Jones industrial average reached a milestone in Wall Street’s nearly seven-year recovery from corporate upheaval...
New York Times - September 29, 2006
R.I.M. Says It’s Reviewing Stock Option Practices
The news did not phase investors of the popular BlackBerry maker who focused on the company’s higher-than-expected net profit...
New York Times - September 29, 2006
Mobile ESPN to End Service Aimed at Sports Customers
The company said it would focus instead on selling its real-time scores and video to existing cellular providers...
New York Times - September 29, 2006
U.S. Fugitive in Options Case Displeased by His African Jail
Jacob Alexander, former chief executive of Comverse Technology, has complained to his lawyers that jail food is not quite up to par...
New York Times - September 29, 2006
Insurers Are Ready to Fight to Keep Federal Backing of Terrorism Coverage
Insurers say they need federal backing because the frequency and severity of terrorism attacks are unpredictable...
New York Times - September 29, 2006
New Sense of Caution at F.D.A.
Many drug company executives say the F.D.A. has quietly become more assertive about keeping new drugs off the market...
New York Times - September 29, 2006
Another Turnaround in Pittsburgh
PNC Financial, the big regional bank in Pittsburgh, may run a close second to the Steelers as a favorite turnaround story...
New York Times - September 29, 2006
Hedge Fund Shrinks Staff and Faces S.E.C. Inquiry
Pirate Capital is said to be under investigation by the S.E.C. on suspicion of failing to alert the commission when it was selling stock...
New York Times - September 29, 2006
H.P. Before a Skeptical Congress
Hewlett-Packard’s top executives tried to explain why they did not question the legality of an internal spying operation...
New York Times - September 29, 2006
Faster Pace by China on Rise in Currency
China dramatically stepped up the appreciation of its currency, allowing it to push through an important level against the dollar for the first time...
New York Times - September 29, 2006
Kerkorian Pushes G.M. for Renault-Nissan Deal
The billionaire investor said he was willing to spend another $400 million in stock to pressure G.M. to explore an alliance with Renault and Nissan...
New York Times - September 29, 2006
[TS] High & Low Finance: Selling Shares by the Billions to Racing Fans
The story of a tiny company that spent the little money it had on sponsoring a race car, sheds light on the market for small stocks that can fly below the radar for years...
New York Times - September 29, 2006
Hewlett’s Hunt for Leak Became a Game of Clue
The company’s sleuths produced an 18-page report that reads at times like a whodunit, at other times like a dissertation...
New York Times - September 29, 2006
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