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US News Archive for June 2005:
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Williams Ends Sharapova's Reign to Gain Wimbledon Final
The faded former champion did a convincing impression of the player she used to be on Center Court today...
New York Times - June 30, 2005
U.S. Freezes Assets of Syrian Officials Active in Lebanon
The two men served as Syria's de facto rulers in Lebanon during the two-decade occupation that ended in April...
New York Times - June 30, 2005
Morgan Stanley Brings Back Its Ex-President to Be Its Chief
The board of Morgan Stanley announced this afternoon that it had elected John J. Mack, a former president of the firm...
New York Times - June 30, 2005
Fed Continues to Raise Rates at a 'Measured' Pace
As investors had already assumed, the Fed raised a key rate by a quarter point, the ninth increase in a row...
New York Times - June 30, 2005
Bank of America to Buy MBNA, Creating Top Credit Card Issuer
The deal, which was valued at $35 billion, would give Bank of America a 20 percent market share in the credit card industry...
New York Times - June 30, 2005
US magazine to surrender notes
Time magazine agrees to hand over a reporter's notes to a US grand jury probing the leak of a CIA agent's name...
BBC News - June 30, 2005
Mexico backs stamps amid row
Mexico defends the release of stamps showing a popular black cartoon character, despite US criticism...
BBC News - June 30, 2005
To the Chagrin of Detroit, Top 10 No Longer
Detroit is not on the list of the top 10 most populous American cities for the first time since the 1900 census. San Jose, Calif., has taken its place...
New York Times - June 30, 2005
Time Decides to Hand Over Notes of Reporter Facing Prison
The decision by a major news organization to declare its confidential sources appears to be without precedent in living memory...
New York Times - June 30, 2005
Boeing Names 3rd Chief in About 18 Months
The Boeing Company, which has been on the upswing after a series of scandals, appointed the head of the 3M Company as its new chief executive today...
New York Times - June 30, 2005
WorldCom's Founder to Surrender His Fortune
Bernard Ebbers agreed today to surrender nearly all of his approximately $40 million personal fortune to investors...
New York Times - June 30, 2005
Bank of America to Buy MBNA for $35 Billion
The deal, which will result in the loss of 6,000 jobs, will make Bank of America the largest credit card issuer in the U.S...
New York Times - June 30, 2005
Shell escapes charges on reserves
Anglo-Dutch oil producer Royal Dutch Shell will not be prosecuted by US authorities for overstating its oil reserves...
BBC News - June 30, 2005
US weighs costs of Plan Colombia
The US's billion-dollar efforts against Colombia's drugs and rebels spark strong debate in Washington...
BBC News - June 30, 2005
Venezuela sets up 'CNN rival'
Venezuela spearheads the creation of a new pan-continental TV station it says will show the "true face of Latin America"...
BBC News - June 30, 2005
Scandal-hit Boeing gets new boss
Leading US planemaker Boeing has appointed 3M chief executive James McNerney as its new chairman and chief executive...
BBC News - June 30, 2005
Canada to curb US drug exports
Canada's government is to impose restrictions on the sale of prescription drugs to US citizens...
BBC News - June 30, 2005
Mexico stamps prompt race row
Mexico faces a fresh race row following the release of stamps showing a popular black cartoon character...
BBC News - June 30, 2005
Italy presses US on 'CIA kidnap'
The Italian government asks the US for an explanation of the alleged kidnapping of an Islamic cleric in 2003...
BBC News - June 30, 2005
Shareholders Confront Nortel Executives at Charged Meeting
It was also the first meeting since revelations of questionable accounting prompted the firing of Nortel's top managers in 2004 and led to investigations...
New York Times - June 30, 2005
Bank of America to Buy MBNA for $35 Billion
Bank of America Corporation said this morning it will acquire MBNA Corporation, the world's top credit-card issuer, for $35 billion in cash and stock...
New York Times - June 30, 2005
Morgan Stanley Plans to Rehire Its Former President
Morgan Stanley is expected to elect John J. Mack as its chairman and chief executive today, succeeding the man who forced him out in a bitter power struggle in 2001...
New York Times - June 30, 2005
US Fed ready for ninth rate rise
The Federal Reserve looks set to raise US interest rates for the ninth straight month, as growth remains strong and oil costs stoke inflation fears...
BBC News - June 30, 2005
F1 teams to appeal against ruling
Six F1 teams will lodge an appeal against the guilty verdicts handed down to them after the US Grand Prix fiasco...
BBC News - June 30, 2005
Troops find crashed US helicopter
A US Chinook that the Taleban says it shot down is found - there is no word on any survivors...
BBC News - June 30, 2005
UN troops kill six in Haiti raid
UN peacekeepers kill six suspected gunmen during a raid on a slum in Haiti's capital, Port-au-Prince...
BBC News - June 30, 2005
Death for US family-killer father
A man is sentenced to death in the US for killing nine of his children, many of whom he had fathered through incest...
BBC News - June 30, 2005
In the Nation's Capital, Baseball Has Become a Political Football
It was probably too much to expect the Nationals to usher in a bipartisan era of peace, love and understanding...
New York Times - June 30, 2005
Banned, Then Bootlegged, Saddam Hussein the Literary Lion Roars Again
The novel "Get Out, You Damned One" will not win any literary awards. The only thing that sets the novel apart from others in Arab bookstores is its author: Saddam Hussein...
New York Times - June 30, 2005
Bush to Create New Unit in F.B.I. for Intelligence
A new national security division will fall under the direction of John D. Negroponte, the director of national intelligence...
New York Times - June 30, 2005
A Tower of Impregnability, the Sort Politicians Love
The new design for the Freedom Tower is exactly what officials said would never happen: an impregnable tower braced against the outside world...
New York Times - June 30, 2005
Weakness in the Data Chain
Security breaches involving credit card account information have revealed the vulnerabilities of the payments system...
New York Times - June 30, 2005
Online Dating? Thin and Rich Works Here, Too
Three economists found that the most important variable in online dating, for both men and women, is looks...
New York Times - June 30, 2005
In First Full Quarter After Merger, Oracle Beats Expectations
The Oracle Corporation reported fourth-quarter profits that were slightly higher than expected, even as it completed its integration with PeopleSoft...
New York Times - June 30, 2005
New Chief in Line at UBS
In a sweeping change to its management structure, UBS is expected to announce that Huw Jenkins will be its next chief executive...
New York Times - June 30, 2005
Carmakers Gain on Reliability
DETROIT, June 29 (AP) - Almost every automaker made significant strides in vehicle dependability in a new survey, J. D. Power & Associates said Wednesday. General Motors, Ford and Toyota, the world's three largest automakers, were top performers...
New York Times - June 30, 2005
Freed of Court Restraints, Scrushy Plans a Vacation
BIRMINGHAM, Ala., June 29 - As of Wednesday, the former chief executive of HealthSouth, Richard M. Scrushy, does not have to tell federal marshals when he plans to leave town. He can buy and sell property without the court's permission, and he can spend his money as he pleases...
New York Times - June 30, 2005
G.M. Tops List as Study Questions Pension Accounting
General Motors has the nation's biggest corporate pension fund. And the accounting for that fund may represent the biggest illusion among American corporations...
New York Times - June 30, 2005
ABC Drops Show After Complaints by Civil Rights Groups
ABC Television canceled a reality show that let white suburban families decide which of seven families would move into their community...
New York Times - June 30, 2005
Sony BMG Licenses Music for Online Service
Sony BMG Music Entertainment has struck a deal to license its music to an online service intended to mimic popular file-sharing networks...
New York Times - June 30, 2005
U.S. Won't Prosecute Shell Over Reserves
The Royal Dutch/Shell Group, Europe's second-largest oil company, will not be prosecuted for overstating its oil and gas reserves...
New York Times - June 30, 2005
Havas Fails in Move to Attract Chief From a Competitor
The head of the advertising agency TBWA Worldwide said that he had turned down the job of chief executive at a rival agency, Havas...
New York Times - June 30, 2005
Small Banking in a Big Bank World
A hearty band of entrepreneurs, many of them former managers of small banks that were gobbled up by the big boys, are smelling opportunity in customers' longing to be pampered...
New York Times - June 30, 2005
Shares Decline as Investors Wait for Fed to Act on Rates
By The Associated Press...
New York Times - June 30, 2005
Money's Tight, Unless You're a Competitive Phone or Cable Provider
Madison Avenue agencies may be bracing for a slowdown in spending, but at least one group remains a steady buyer of advertising: phone and cable providers...
New York Times - June 30, 2005
3M Chief Said to Get Boeing Job
The Boeing Company, which has been on the upswing after a series of scandals, is expected to appoint the head of the 3M Company as its new chief executive...
New York Times - June 30, 2005
Economic Growth Revised Upward
WASHINGTON, June 29 (AP) - The economy grew at a 3.8 percent rate in the first quarter of 2005, a performance that was better than previously thought and a fresh sign the expansion is on firm footing...
New York Times - June 30, 2005
Microsoft Said to Be in Talks to Buy Adware Developer
Microsoft has been in talks to buy a private Silicon Valley company, a move that underscores just how eager Microsoft is to catch up with Google...
New York Times - June 30, 2005
Strife Aplenty at S.E.C. Chief's Farewell Session
The last meeting at the S.E.C. presided over by its departing chairman, William H. Donaldson, was marked by vitriolic debate and accusations of procedural violations...
New York Times - June 30, 2005
For G.M. Retirees, a Growing Sense of Unease
General Motors retirees are increasingly worried about their medical benefits as the United Auto Workers union is being pressed to concede deep cuts...
New York Times - June 30, 2005
Trade Pacts to the South Losing Appeal
An American plan for a hemispherewide trade pact, which President Bush described as a "vital link for prosperity," is mired in disputes...
New York Times - June 30, 2005
Chevron Says S.E.C. Approves Its Contested Offer for Unocal
Chevron's bid is hardly assured because Unocal received a higher offer last week from the China National Offshore Oil Corporation...
New York Times - June 30, 2005
Morgan Rehiring Its Ex-President
Morgan Stanley is expected to elect John J. Mack on Thursday as chief executive, succeeding the man who forced him out in a power struggle...
New York Times - June 30, 2005
Guantanamo chief defends guards
Only 10 cases of misconduct by guards at Guantanamo Bay have been recorded, the prison head says...
BBC News - June 30, 2005
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