|
|
|
|
US News Archive for January 2008:
|
 |
Diner?s Journal: Q and A With Fabio Trabocchi
Q and A with chef Fabio Trabocchi of Fiamma Osteria in SoHo...
New York Times - January 30, 2008
The Moment: Boots With Room for Calves
T's shoe guru comes to the rescue ...
New York Times - January 30, 2008
Clash of the (Media) Titans
The dispute between Barry Diller and John Malone has spawned three lawsuits and devolved into a name-calling contest. Earlier this week, Mr. Diller, the chief executive of IAC, referred to the people at Liberty Media, John Malone?s holding company and the controlling shareholder of IAC, as being "insane." Meanwhile, Liberty was kind enough to point [...]...
New York Times - January 30, 2008
Power Failures Outrage South Africa
Electricity shortages, now expected to be a fact of life for the next five years, are threatening economic growth...
New York Times - January 30, 2008
The Lede: Standoff in Minn. Over Elephant Rides
A childhood rite of passage may be banned in Minneapolis on Friday...
New York Times - January 30, 2008
Official Sees Kenyan Ethnic Cleansing
The top American diplomat for Africa said that some of the violence that has swept across Kenya in the past month was ethnic cleansing...
New York Times - January 30, 2008
Israeli Inquiry Finds ?Grave Failings? in ?06 War
The report was less scathing about Prime Minister Ehud Olmert than expected, and he is likely to keep his post...
New York Times - January 30, 2008
Mukasey Demurs on Waterboarding
In the Senate, Attorney General Michael B. Mukasey refused to be pinned down on whether the interrogation method constitutes torture...
New York Times - January 30, 2008
Burress Stirs Up Controversy Without Showing Up
Plaxico Burress kept reporters waiting for 30 minutes the day after he created a stir by predicting a Giants victory...
New York Times - January 30, 2008
Scandal in China Over Tainted Cancer Drugs
A state-owned Chinese company is at the center of a scandal after nearly 200 Chinese cancer patients were paralyzed or otherwise harmed by contaminated drugs...
New York Times - January 30, 2008
Edwards Drops Out of Democratic Race
John Edwards said that he was leaving the race for the nomination ?so that history can blaze its path.?...
New York Times - January 30, 2008
Giuliani Ends Campaign and Backs McCain
Rudolph W. Giuliani?s endorsement provides a boost to Senator John McCain in what appears to be shaping into a two-candidate race...
New York Times - January 30, 2008
No Surrender Yet in Clash of DVD Formats
HD DVD continues to show some fight in its seemingly unending war with Blu-ray. Meanwhile, LG and Samsung introduce new dual-format players...
New York Times - January 30, 2008
Weak Dollar Has Small Businesses Thinking Globally
A variety of small businesses in the U.S. are starting to take advantage of the mismatch between a weak dollar and the purchasing power of customers using strong currencies...
New York Times - January 30, 2008
Starbucks Scales Back U.S. Expansion
The company?s chief executive, Howard Schultz, announced that he would close 100 underperforming stores in the United States, though he did not identify the locations...
New York Times - January 30, 2008
In Europe, Questions Over Continuing Write-Downs
Swiss bank UBS?s string of stinging financial disclosures is symptomatic of how the subprime drama has unfolded in Europe and is stoking fears of more shocks to come...
New York Times - January 30, 2008
Amazon?s Profit More Than Doubles
The fourth quarter, which includes the critical holiday shopping season, is reliably the company?s strongest period, and this year proved no different...
New York Times - January 30, 2008
Stocks Rally Then Fall Back
The Dow gained more than 100 points within minutes of the central bank?s announcement and continued to climb before falling just before the close...
New York Times - January 30, 2008
Lilly in Settlement Talks With U.S.
A settlement of an inquiry into Lilly?s marketing of the antipsychotic drug Zyprexa could result in the company?s paying more than $1 billion to federal and state governments...
New York Times - January 30, 2008
Fed Reduces Rate by Half-Point; 2nd Cut in 8 Days
In lowering its benchmark rate by a half-point to 3 percent, the Fed said that it was worried mainly about an economic slowdown, not rising inflation...
New York Times - January 30, 2008
EU suspends Brazil beef exports
The EU halts all imports of Brazilian beef, saying its foot-and-mouth disease checks are "unacceptable"...
BBC News - January 30, 2008
Caffeine May Hamper Diabetes Control
Regular caffeine consumption appears to raise blood sugar levels, a new study shows...
New York Times - January 30, 2008
Crashing Satellite, Calming Nerves
Nothing like waking up on a Wednesday morning to a threat from space on the mind of the top brass in bright red type...
New York Times - January 30, 2008
?Juno? Laid Low by Success
"Juno," that adorable little movie, goes over the $100 million mark and suddenly the haters come out of the woodwork...
New York Times - January 30, 2008
Worker in Brooklyn Killed in Fall
Two workers apparently fell from a scaffold while working several stories up on a high-rise under construction in Brooklyn, and one died...
New York Times - January 30, 2008
War Concussions Linked to Stress
A new report finds that soldiers who suffered concussions in the war were at higher risk for post-traumatic stress disorder than those with other injuries...
New York Times - January 30, 2008
Israeli Inquiry Finds ?Grave Failings? in ?06 War
A government-appointed inquiry criticized Israel?s political and military leaders during the war in Lebanon...
New York Times - January 30, 2008
McCain Is Florida Victor; Giuliani Set to Exit the Race
The results in Florida effectively winnowed the G.O.P. field to Senator John McCain and Mitt Romney...
New York Times - January 30, 2008
Edwards to Drop Out of Democratic Race
Advisers said that John Edwards would not endorse a rival when he announces his exit from the presidential campaign this afternoon in New Orleans...
New York Times - January 30, 2008
Kellogg Quarterly Earnings Slip on Costs
The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Street?s expectations...
New York Times - January 30, 2008
Eastman Kodak Profit Rises
Fourth-quarter earnings surged on higher revenue as the photo film manufacturer staked out a bigger position in digital photography...
New York Times - January 30, 2008
Lazard Earnings Surge on Advisory Fees
The company said its fourth-quarter earnings rose 43 percent, beating estimates, on increased merger advisory fees...
New York Times - January 30, 2008
NCR?s Profit Drops 55 Percent After Spinoff
The ATM maker said earnings fell to $79 million in the fourth quarter, reflecting the spinoff of its Teradata software unit...
New York Times - January 30, 2008
Honda Quarterly Profit Jumps 38 Percent
Honda, which sells nearly half of its vehicles in North America, posted profit of $1.87 billion and revised upward its annual profit forecast...
New York Times - January 30, 2008
UPS Reports Loss on Pension Charge
The company reported a fourth-quarter net loss of $2.58 billion, citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund...
New York Times - January 30, 2008
Kraft Foods Profit Falls 6 Percent
The nation?s biggest food and beverage maker said net income fell to $585 million in the fourth quarter on higher dairy prices and one-time costs...
New York Times - January 30, 2008
Boeing Profit Up 4 Percent
The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Street?s expectations...
New York Times - January 30, 2008
Financial Ties Are Cited as Issue in Spine Study
The testing of an artificial spinal disk provides a stark example of conflicts of interest among clinical researchers...
New York Times - January 30, 2008
Altria to Spin Off Tobacco Business Outside U.S.
Altria said the move would free Philip Morris International to pursue cigarette sales more aggressively outside the United States by separating it from its Virginia-based counterpart...
New York Times - January 30, 2008
Merck Posts Loss on Vioxx Settlement
The company reported a $1.63 billion loss in the fourth quarter as whopping charges for its Vioxx litigation settlement and other items dragged down results...
New York Times - January 30, 2008
UBS Takes a $14 Billion Write-Off
The Swiss bank said that it would post a net loss for 2007 after write-offs related to investments in U.S. housing...
New York Times - January 30, 2008
French Bank Chief Stays for Now
Société Générale?s top executive, Daniel Bouton, offered his resignation on Wednesday for a second time, but the bank?s board declined to vote on it, maintaining him in his job for now...
New York Times - January 30, 2008
Stocks Slip As Investors Await Fed
Wall Street retreated ahead of a widely expected interest rate cut by the Federal Reserve as investors cashed in profits from the stock market?s two-day rally...
New York Times - January 30, 2008
Doctor Accused of Leak to Drug Maker
A member of the Senate said that a diabetes expert tipped GlaxoSmithKline to safety questions involving Avandia...
New York Times - January 30, 2008
U.S. Growth Slowed Drastically in 4th Quarter
The economy expanded by a weak 0.6 percent in the latest indication of a substantial slowdown and perhaps a recession...
New York Times - January 30, 2008
Commercial aircraft boost Boeing
Sales of commercial aircraft boost profits at the US plane manufacturer Boeing as military sales fall...
BBC News - January 30, 2008
F1: Barrichello not ready to quit
Honda driver Rubens Barrichello says he is not ready to quit yet despite being out of contract at the end of the season...
BBC News - January 30, 2008
Australia to Apologize to Aborigines
The new Australian government of Prime Minister Kevin Rudd will apologize for past mistreatment of the country?s Aboriginal minority...
New York Times - January 30, 2008
King to Remain Head of British Central Bank
Bank of England Governor Mervyn King won a second term as head of Britain?s central bank...
New York Times - January 30, 2008
UBS Takes a $14 Billion Hit
UBS, the largest Swiss bank, said that it would write off $14 billion in exposure to the U.S. housing market...
New York Times - January 30, 2008
Paraguay put on dengue alert
Paraguay declares a health alert to try to prevent a dengue fever epidemic as 100 possible cases are detected...
BBC News - January 30, 2008
Dissident?s Arrest Hints at Olympic Crackdown
Human rights advocates say the arrest of an activist named Hu Jia is an example of a broadening crackdown...
New York Times - January 30, 2008
Mukasey Offers View on Waterboarding
The attorney general said Tuesday that the harsh C.I.A. interrogation technique known as waterboarding was not clearly illegal, and suggested that it could be used against terrorism suspects again...
New York Times - January 30, 2008
Pitching Prize in Mets? Grasp: Twins? Santana
In exchange for pitching ace Johan Santana, the Mets are surrendering four young players...
New York Times - January 30, 2008
Australia to Apologize to Aborigines
Australia will issue its first formal apology to the country?s indigenous people...
New York Times - January 30, 2008
Outside Groups Aid Obama, Critic of Their Influence
Despite denunciations of special-interest money, Senator Barack Obama is nonetheless benefiting from millions being spent outside campaign finance rules...
New York Times - January 30, 2008
White House Shows Signs of Rethinking Cut in Troops
Four months after announcing troop cuts in Iraq, President Bush is now sending signals that the reductions may not continue past this summer...
New York Times - January 30, 2008
For Giuliani, a Dizzying Free-Fall
As Rudolph W. Giuliani ponders his political mortality, many observers point to the hubris and strategic miscalculations that plagued his campaign...
New York Times - January 30, 2008
McCain Defeats Romney in Florida Vote
Senator John McCain won the biggest delegate prize so far in a closely contested primary. After finishing third, Rudolph W. Giuliani is likely to endorse Mr. McCain, officials said...
New York Times - January 30, 2008
An Appeal That Looks to (and Uses) the Spirit of the 1960s
Barack Obama?s first spot highlighting Caroline Kennedy?s endorsement features images of her father and the Moon landing...
New York Times - January 30, 2008
Bernanke?s Midterm Tests
Sometime before Feb. 1, 2010, the next president will have to decide whether Federal Reserve Chairman Ben Bernanke should get a second term...
New York Times - January 30, 2008
Thomas Barr, Top Lawyer in I.B.M. Case, Dies at 77
Mr. Barr was best known for representing the International Business Machines Corporation in a 13-year antitrust battle with the federal government...
New York Times - January 30, 2008
Henry Froehlich, Pioneer in Japanese Camera Imports, Is Dead at 85
Mr. Froehlich was one of the first distributors of high-tech Japanese cameras in the United States...
New York Times - January 30, 2008
Profit Drops at Dow Chemical
GRAND RAPIDS, Mich. (AP) ? The nation?s largest chemical company, Dow Chemical, said on Tuesday that its fourth-quarter earnings fell 52 percent because of an overhaul effort and a $1.7 billion jump in spending on materials and energy...
New York Times - January 30, 2008
Executive Gets 20-Year Term for Hedge Fund Scheme
The former chief financial officer of the hedge fund Bayou Group was sentenced to 20 years in prison for his role in a scheme that defrauded investors of $450 million and led to the fund?s collapse...
New York Times - January 30, 2008
Pepsi Sales Are Flat, but Bottler?s Profit Edges Up
The Pepsi Bottling Group posted a profit on Tuesday that beat Wall Street estimates by a penny, despite flat volume...
New York Times - January 30, 2008
3M?s Profit Falls After a 2006 Gain
MINNEAPOLIS (AP) ? The 3M Company, which makes Scotch tape, Post-it notes and industrial adhesives, posted lower fourth-quarter earnings on Tuesday, compared with the quarter a year ago, which included a one-time gain...
New York Times - January 30, 2008
Allstate Profit Drops 37% on Storm Losses
CHICAGO (AP) ? The Allstate Corporation, the property and casualty insurer, reported a 37 percent decline in fourth-quarter profit Tuesday on higher catastrophe losses and increased costs...
New York Times - January 30, 2008
U.S. Steel Earnings Short of Wall St. Forecasts
PITTSBURGH (AP) ? United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results...
New York Times - January 30, 2008
VMware?s Troubles Hobble Its Parent
The maker of corporate data storage equipment, forecast better-than-expected 2008 revenue, but its shares fell after the VMware unit missed growth estimates...
New York Times - January 30, 2008
Big-Selling Drugs Aid Lilly Profit
Eli Lilly & Company reported fourth-quarter earnings of $854.4 million, or 78 cents a share, compared with $132.3 million, or 12 cents a share, a year ago...
New York Times - January 30, 2008
A Comeback Story Decades in the Making
In a long-depressed Washington area, gentrification is finally taking hold...
New York Times - January 30, 2008
3 More Airlines Cite Fuel Costs for Losses
Three airlines ? Northwest, JetBlue and AirTran Holdings ? posted fourth-quarter losses on Tuesday as rising fuel costs erased gains from fare increases...
New York Times - January 30, 2008
TV Showman, Once Exiled, Returns With Video Site
Stephen Chao, a hit maker fired from News Corp., is starting an Internet video venture in how-to clips...
New York Times - January 30, 2008
Foreign Retailers Follow Their Shoppers to New York
New York?s chic shopping districts seem to be teeming these days with foreign tourists taking advantage of the weak dollar. Foreign retailers are now joining them...
New York Times - January 30, 2008
S.& P. Home Price Index Continued to Fall in November
Home prices in 20 metropolitan areas fell in November for the 11th consecutive month, as foreclosures and a slump in sales added to the glut of unsold properties...
New York Times - January 30, 2008
Lawmakers Say Mattel Broke Word on Lead
Members of Congress sent a letter to the chief executive of Mattel, accusing the company of not living up to its promise to keep lead-tainted toys out of children?s hands...
New York Times - January 30, 2008
Durable Goods Orders Jump; Consumer Outlook Sags
Orders to factories for big-ticket manufactured goods jumped an unexpected 5.2 percent in December...
New York Times - January 30, 2008
Market Rises, Awaiting Another Rate Cut
Wall Street advanced sharply Tuesday, as the Federal Reserve opened a two-day meeting at which it is expected to cut interest rates again to revitalize the economy...
New York Times - January 30, 2008
Mortgage Lender Posts $422 Million Loss
The huge loss for Countrywide Financial Corporation was not expected to hinder its $4.1 billion takeover by the Bank of America...
New York Times - January 30, 2008
Vuitton Is Embracing Medium of the Masses
In an unusual marketing move for a fashion and luxury goods brand, Louis Vuitton said it planned to advertise on television for the first time...
New York Times - January 30, 2008
After 40 Years, Schieffer Plans to Quit CBS in Early 2009
Bob Schieffer, a reporter for CBS News for nearly four decades and the host of ?Face the Nation? for 17 years, said Tuesday night that he would retire next January...
New York Times - January 30, 2008
Jury to Start Deliberations in Wesley Snipes Tax Case
Defense lawyers described Mr. Snipes? views on taxes as ?kooky? and ?dead wrong,? but said he had not committed a crime...
New York Times - January 30, 2008
House Approves Economic Stimulus Plan
The House voted on Tuesday to approve a $146 billion fiscal stimulus package, but the bipartisan deal is at risk as Senate Democrats forged ahead with their own, more expensive plan and jockeyed over what to include in it...
New York Times - January 30, 2008
Fed?s Issue on Rates: How Low?
After a stunning cut one week ago, the Federal Reserve appears poised to announce another rate cut on Wednesday as insurance against a recession...
New York Times - January 30, 2008
Rule Change to Help Smaller Companies Raise Funds
In a move that will make it easier for small and medium-size public companies to raise money, federal regulators are about to the ease rules on the sale of restricted shares...
New York Times - January 30, 2008
Yahoo to Cut 1,000 Jobs, and Warns on Growth
Despite the disappointing outlook, the company said it planned to invest aggressively in advertising technology as it tries to capture a larger share of online ad dollars...
New York Times - January 30, 2008
In Spinal Device Research, Questions on Conflicts
The testing of the Prodisc, an artificial spinal disk, provides a stark example of conflicts of interest...
New York Times - January 30, 2008
Overhaul, Make It a Venti
After more than a decade of sensational buzz, Starbucks is struggling nationwide as it faces slowing sales growth and increased competition...
New York Times - January 30, 2008
Wal-Mart Will Shake Up Apparel Unit; Layoffs Set
In a major revamping of its sluggish clothing business, Wal-Mart Stores will shut two divisions at its headquarters in Arkansas...
New York Times - January 30, 2008
F.B.I. Opens Subprime Inquiry
Fourteen firms are under scrutiny for possible accounting fraud, insider trading or other violations tied to loans made to borrowers with weak, or subprime, credit...
New York Times - January 30, 2008
Beyond Bank?s $7 Billion Loss, Fear of More
The day that Société Générale said Jérôme Kerviel, a rogue trader, had cost it billions, it announced a large subprime-related write-down...
New York Times - January 30, 2008
Pressure Mounts for Resignation at French Bank
Politicians in France increased calls for the resignation of top executives at Société Générale, ahead of the board?s regular meeting, scheduled for Wednesday...
New York Times - January 30, 2008
|
|
|
| |
|
|
|
 |
| Keep up with Steve, join our G-Mail List to receive Gill Show updates and Steve's weekly column... |
|
|
|
 |
|
| |
|
|
|
|
|
