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US News Archive for March 2007:
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White House criticizes Pelosi's planned Syria visit
The White House has criticized House Speaker Nancy Pelosi's plans to stop in Syria next week during a Middle East trip that began Friday...
CNN - March 30, 2007
Giuliani Testified He Was Briefed on Kerik in ?00
As he debated Bernard B. Kerik?s promotion to police commissioner, the mayor most likely had been told of Mr. Kerik?s entanglement with a company suspected of ties to organized crime...
New York Times - March 30, 2007
Drug for Stomach Ills Is Pulled From the Market
The maker of Zelnorm, a medicine that treats irritable bowel syndrome, withdrew the drug from the market today after a request from federal drug officials...
New York Times - March 30, 2007
Guantánamo Tribunal Accepts Australian?s Plea
David M. Hicks amplified on his Monday guilty plea during proceedings leading toward his sentencing, which is expected within days...
New York Times - March 30, 2007
F.D.A. Tests Show Chemical in Pet Food
Scientists have linked the chemical melamine to the illness and deaths of cats eating tainted food...
New York Times - March 30, 2007
Olmert Rejects Palestinian Right of Return
Prime Minister Ehud Olmert said in interviews published today that Israel would not allow a single Palestinian refugee to return to Israel...
New York Times - March 30, 2007
Pompoms, Pyramids and Peril
Cheerleaders suffer more catastrophic injuries than athletes in all other sports combined...
New York Times - March 30, 2007
Gonzales Defends His Role in Firings
Responding to testimony by his former chief of staff, Attorney General Alberto R. Gonzales defended his previous characterization of his role in the dismissal of United States attorneys...
New York Times - March 30, 2007
This Family?s Hot Stuff
Five generations of the family that owns and operates the McIlhenny Company have kept the Tabasco sauce business going while weathering many storms...
New York Times - March 30, 2007
Baseball all set for new season
Baseball's new season begins on Sunday with World Series winners the St Louis Cardinals hosting the New York Mets...
BBC News - March 30, 2007
White House anger over Syria trip
The leader of the US House of
Representatives is to visit Syria - despite objections by the White House...
BBC News - March 30, 2007
Bush apology over troops' neglect
US President George W Bush apologises for the poor treatment of wounded veterans at a military hospital...
BBC News - March 30, 2007
Maradona 'doing well' in hospital
Hospital doctors treating Argentine football great Diego Maradona says he is recovering from alcohol abuse...
BBC News - March 30, 2007
Detainee 'sacrificed by UK, U.S.'
Iran releases a third letter purportedly written by detained British sailor Faye Turney, in which she claims to have been "sacrificed" by British and U.S. policies and urges both countries to withdraw their troops from Iraq...
CNN - March 30, 2007
White House tries new immigration plan
A White House plan devised in weeks of closed-door meetings with Republican senators would grant work visas to undocumented immigrants but require them to return home and pay hefty fines to become legal U.S. residents...
CNN - March 30, 2007
Younger and Cheaper Make Yankees Roster
Manager Joe Torre revealed his 25-man roster Friday, with pitcher Sean Henn, catcher Wil Nieves, and first baseman Josh Phelps beating out older competition...
New York Times - March 30, 2007
Man Group Plans I.P.O. For Its Brokerage Business
...
New York Times - March 30, 2007
U.S. to Impose New Duties on Chinese Goods
Tariffs on coated paper will end a policy of not applying duties to subsidized goods from non-market economies...
New York Times - March 30, 2007
Farmers to Plant Most Amount of Corn Since ?44
Growers intend to plant more than 90 million acres in an effort to meet demands for ethanol, food and feed...
New York Times - March 30, 2007
Man Group to sell brokerage arm
Man Group, the world's largest listed hedge fund, is to sell its brokerage business to focus on managing money...
BBC News - March 30, 2007
US consumer confidence slips
US consumer sentiment slips to its lowest level in six months, as prices rise and incomes slow...
BBC News - March 30, 2007
B Aires hardens Falklands stance
Argentina toughens its stance over the disputed Falklands Islands, days ahead of the 25th anniversary of the invasion...
BBC News - March 30, 2007
Brazil rainforest internet plan
A plan to link isolated Amazon communities to the internet has been announced in Brazil...
BBC News - March 30, 2007
Guantanamo plea deal for Hicks
Australian David Hicks will serve at most seven years in jail for supporting terrorism, a Guantanamo tribunal hears...
BBC News - March 30, 2007
Video shows UK detainee 'apology'
Iranian television has aired new video showing one of 15 British detainees apologizing for "entering your waters without permission." The video shows three UK personnel, with one of them later appearing on camera to read a "confession" to what Tehran claims was their illegal entry into Iranian territory a week ago...
CNN - March 30, 2007
Video shows detainee 'apology'
Iranian Arabic language network Al Alam airs exclusive video of a "confession" by one of the 15 British sailors that has been held captive in Iran for a week. "I deeply apologize," the sailor -- -- indentified as Nathan Thomas Summers -- says in the video...
CNN - March 30, 2007
Video Games Conquer Another World: Retirees
Older Americans are increasingly turning to video games that rely on quick thinking as a recreational alternative...
New York Times - March 30, 2007
Diary: Inside Iran
BBC Washington correspondent Matt Frei considers the complicated relations between the US and Iran...
BBC News - March 30, 2007
Shake-up at Grand Theft Auto firm
Investors in the publisher of computer game Grand Theft Auto oust the firm's chief executive...
BBC News - March 30, 2007
Spears 'signs divorce settlement'
Pop star Britney Spears agrees a divorce settlement with her estranged husband Kevin Federline...
BBC News - March 30, 2007
Tennis: Serena to face Henin
World number one Justine Henin sets up a meeting with Serena Williams in the Sony Ericsson Open final...
BBC News - March 30, 2007
Hackers hit TJ Maxx cardholders
The owner of TJ Maxx says hackers have stolen details from 45 million credit and debit cards used by shoppers...
BBC News - March 30, 2007
Gates calls for Guantanamo closure
The U.S. Congress and the administration of President George W. Bush should work together to allow the U.S. to permanently imprison some of the more dangerous Guantanamo Bay detainees elsewhere so the facility can be closed, Defense Secretary Robert Gates said...
CNN - March 30, 2007
Ten-year-olds attack homeless man, police say
Egged on by a 17-year-old, two 10-year-old boys joined in the attack of a Florida homeless man, leaving him bruised and bloodied, police said. The boys allegedly used pieces of concrete to bash the man in the head. "We've hit an all-time low," said one advocate for the homeless...
CNN - March 30, 2007
Panel Endorses New Anti-Tumor Treatment
The first therapy that would direct a cancer patient?s own immune system to fight tumors moved closer to approval...
New York Times - March 30, 2007
Presidential Candidates Focus on Fund-Raising
The first fund-raising period, which ends at midnight Saturday, has become a major test in the campaign...
New York Times - March 30, 2007
Disuse of System Is Cited in Gaps in Soldiers? Care
Medical mistakes and delays in care have been caused by some hospitals? reluctance to use a digital record system...
New York Times - March 30, 2007
Retirees Discover Video Games
Older Americans are increasingly using video games as a recreational alternative...
New York Times - March 30, 2007
Ex-Aide Rejects Gonzales Stand Over Dismissals
Attorney General Alberto R. Gonzales had been consulted regularly about firing U.S. attorneys, his former chief of staff testified...
New York Times - March 30, 2007
Testimony by Giuliani Indicates He Was Briefed on Kerik in ?00
As the former mayor debated Bernard B. Kerik?s appointment to police commissioner, he most likely had been told of Mr. Kerik?s entanglement with a company suspected of ties to organized crime...
New York Times - March 30, 2007
The Churn: People
People...
New York Times - March 30, 2007
World Business Briefing | Europe: Austria: Specialty Steel Maker Is Acquired
Voestalpine, the biggest steel maker in Austria, agreed to buy a specialty-steel producer, Boehler-Uddeholm, for 3.52 billion euros ($4.69 billion), foiling a bid by a private equity company, CVC Capital Partners. Voestalpine, based in Linz, said it had agreed to pay 69 euros a share for Boehler. The acquisition will give Voestalpine a steel maker with customers worldwide including the Boeing Company and Airbus. CVC Capital, which is based in London, said last week that it planned to bid for Boehler, but Boehler, based in Vienna, said it opposed the bid...
New York Times - March 30, 2007
World Business Briefing | Asia: Japan: Consumer Prices Down Slightly in February
Japanese core consumer prices declined 0.1 percent in February from a year earlier, government data showed on Friday. That matched the consensus forecast of economists. The core index, which excludes volatile fresh food prices, was flat in January after hovering slightly above zero in previous months...
New York Times - March 30, 2007
World Business Briefing | Asia: Thailand: Canadian Bank Buys Stake in Lender
The Bank of Nova Scotia said it planned to buy a 24.99 percent stake in Thanachart Bank, Thailand?s top provider of car loans, for 7.1 billion baht ($203 million). Scotiabank said it planned to raise its stake to 49 percent by the end of December if the Bank of Thailand gives its approval. Thanachart Capital, which owns 99.3 percent of Thanachart Bank, agreed to sell about 157 million shares in the Thai bank to Bank of Nova Scotia for 16.37 baht per share, a 72 percent premium to market prices, it said. The purchase would give Bank of Nova Scotia a foothold in Thailand?s retail banking business, analysts said...
New York Times - March 30, 2007
World Business Briefing | Asia: China: Citigroup Plans Expansion
Citigroup plans to expand its securities business and branch network in China this year after becoming one of the first banks approved to incorporate locally, its chief executive, Charles O. Prince III, said. Citigroup plans to expand its network in China from 16 offices to 30 and will aim at markets for investment and corporate banking and wealth management, Mr. Prince said. Citibank was one of four banks approved last week to incorporate a local subsidiary, a step toward entering China?s retail market. Beijing agreed to open the industry to foreign competitors as part of its World Trade Organization membership...
New York Times - March 30, 2007
World Business Briefing | Americas: Mexico: Wireless Phone Companies to Merge
The Mexican wireless phone company Grupo Iusacell said it would merge with a smaller carrier, Unefon, consolidating the two companies controlled by the Mexican business magnate, Ricardo Salinas Pliego, left. The planned merger of Unefon Holdings into Iusacell will give Iusacell more than 3.4 million wireless subscribers, or about 7 percent of the Mexican market, the company said in a filing with the Mexican Stock Exchange. The dominant wireless carrier in the Mexican market, Telcel, a unit of América Móvil, ended 2006 with 43.2 million subscribers. Iusacell and Unefon began consolidating operations last year. Gustavo Guzman will remain as chief executive of Iusacell. The proposal values Iusacell at $1 billion and Unefon at $333 million...
New York Times - March 30, 2007
House Budget Is Clear on Spending, Vague on Revenue
A Democratic spending plan envisions a balanced budget by 2012, but like its Senate counterpart, it implicitly requires tax increases in the years ahead...
New York Times - March 30, 2007
Mining Company Fined for Fatal Blaze
The Massey Energy Company was fined $1.5 million for 25 violations that contributed to the death of two West Virginia coal miners in January 2006...
New York Times - March 30, 2007
Herbalife Rejects Offer
The seller of nutritional supplements rejected a takeover offer from the private equity firm Whitney & Company...
New York Times - March 30, 2007
Court Affirms Ruling Against Airline Strike
Flight attendants at Northwest Airlines are not allowed to strike, a federal appeals court ruled...
New York Times - March 30, 2007
CarMax?s Income Rises
Fourth-quarter net income rose 15 percent, driven by an increase in used-vehicle sales and an income increase from its financing unit...
New York Times - March 30, 2007
TJX Says Theft of Credit Data Involved 45.7 Million Cards
About three-quarters of the cards had either expired at the time of the theft or data from their magnetic strips had been masked...
New York Times - March 30, 2007
Subpoena Issued to Beazer Homes on Mortgage Loans
One of the largest home builders in the country said it had received a grand jury subpoena from a United States attorney?s office...
New York Times - March 30, 2007
Enron Class-Action Suit Is Dismissed
A Manhattan federal judge has dismissed a class-action lawsuit accusing JPMorgan Chase of helping Enron hide fraud...
New York Times - March 30, 2007
U.S. Steel Is Purchasing Maker of Oil Field Pipe
The $2.1 billion deal to buy Lone Star Technologies will make U.S. Steel the largest producer of tubular steel in North America...
New York Times - March 30, 2007
New Reading Raises Figure for Growth in Late 2006
The gross domestic product grew at a 2.5 percent rate in the final quarter of last year, healthier than previously thought...
New York Times - March 30, 2007
Stocks & Bonds: Shares Rise Despite Concerns About Iran
Investors weighed fears about mounting tension involving Iran against a report that indicated better-than-expected economic growth...
New York Times - March 30, 2007
Ex-Chief of Qwest Wins Effort to Bar Evidence
The government may not introduce evidence meant to show that Joseph P. Nacchio tried to conceal $90 million in assets in February 2002...
New York Times - March 30, 2007
Ruling Could Lead to Tariffs on Chinese Goods
A federal judge dismissed a bid by China to block the Bush administration from imposing tariffs on Chinese goods produced by heavily subsidized government companies...
New York Times - March 30, 2007
Toyota Deepens Discounts on Its New Pickup
The discounts on the Tundra may be another sign that Toyota is not cutting into the truck market as much as rivals feared...
New York Times - March 30, 2007
Dior Replaces Its Men?s Wear Designer
Christian Dior announced it had replaced Hedi Slimane, whose razor-thin suits helped revitalize the image of the house...
New York Times - March 30, 2007
European Banker Joins March to Private Equity
Leonhard Fischer resigned as the head of Credit Suisse Group in Europe a month after being passed over for chief executive...
New York Times - March 30, 2007
Texas Law Firm Will Close and Settle Tax Shelter Case
Jenkens & Gilchrist will pay the Internal Revenue Service a $76 million fine as part of a deal over questionable tax shelters...
New York Times - March 30, 2007
Deal Makers Are Setting a Torrid Pace for 2007
The value of corporate deals reached $1.08 trillion in the first quarter, 24 percent more than the first quarter of 2006...
New York Times - March 30, 2007
A Union Takes Cautious Aim at Blackstone?s Public Offering Plan
Blackstone?s co-founder Stephen A. Schwarzman gets a taste of the public hot seat in a union blog focused on his private equity firm...
New York Times - March 30, 2007
3 Companies in Telecom Win U.S. Deal Worth Billions
AT&T, Verizon and Qwest were selected to bid on portions of the government?s contract while Sprint Nextel was left out in the cold...
New York Times - March 30, 2007
Advertising: Uncle Ben, Board Chairman
The racially charged symbol for Uncle Ben?s rice products is taking center stage in a new campaign that makes him chairman of the company...
New York Times - March 30, 2007
Stockholders Oust Chief at Take-Two
The video game maker faced an insurrection from shareholders that claimed the jobs of the chief executive and three directors...
New York Times - March 30, 2007
Dell Reports It Has Found ?Misconduct?
Dell said ?evidence of misconduct? had been uncovered in an internal investigation of its financial practices over several years...
New York Times - March 30, 2007
2 Billionaires Make Offer for Tribune
Ronald W. Burkle and Eli Broad made a last-minute bid, topping an offer from Sam Zell by a dollar a share...
New York Times - March 30, 2007
Drivers Shrug as Gasoline Prices Soar
Prices are rising at the pumps again, but even as gas tops $3 a gallon, consumption has not gone down...
New York Times - March 30, 2007
Chile police clash with students
Chilean police use tear gas and water cannon as clashes erupt at an annual left-wing protest in Santiago...
BBC News - March 30, 2007
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