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US News Archive for Octomber 2006:
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Botha, bastion of white rule, dies
Former South African President P.W. Botha, the defiant face of white rule at the height of the anti-apartheid struggle, has died at his home on Tuesday aged 90, the South African Press Association reports...
CNN - October 31, 2006
Bush: U.S. troops are 'plenty smart'
President Bush joined GOP lawmakers in blasting Sen. John Kerry for telling a group of college students they could either work hard in school or "get stuck in Iraq." Kerry has said the remark was a "botched joke," but Bush nonetheless called it "insulting and shameful."...
CNN - October 31, 2006
Botha, bastion of white South Africa, dies
Former South African President P.W. Botha, the defiant face of white rule at the height of the anti-apartheid struggle, died at his home on Tuesday aged 90, the South African Press Association reported...
CNN - October 31, 2006
Si Simmons, Baseball’s Oldest Old-Timer, Dies at 111
The former Negro leagues baseball player was believed to be the longest-living professional ballplayer in history...
New York Times - October 31, 2006
Kerry and G.O.P. Spar Over Iraq Remarks
Republicans said Senator Kerry had insulted U.S. troops and he lashed back at critics as “right-wing nut jobs.”...
New York Times - October 31, 2006
French Anti-Obesity Drug Faces Obstacles
Sanofi-Aventis, the French pharmaceutical company, warned of regulatory obstacles for the potential blockbuster drug...
New York Times - October 31, 2006
U.S. Investigates Sony for Antitrust Violations
Sony said it had received a subpoena from the Justice Department regarding its memory-chip business...
New York Times - October 31, 2006
Bolivia backs off mines takeover
President Evo Morales backs off plans to nationalise Bolivia's mines, saying the government cannot afford it...
BBC News - October 31, 2006
Astronauts to visit Hubble for service call
The shuttle Discovery will pay the Hubble Space Telescope a final servicing call in 2008, NASA Administrator Michael Griffin announced Tuesday...
CNN - October 31, 2006
NASA saves Hubble telescope
NASA's chief approves sending a space shuttle to repair the 16-year-old Hubble Space Telescope, reversing his predecessor's decision to cancel the mission...
CNN - October 31, 2006
Polls: 4 key Senate races tight
With a week to go before voters cast their midterm election ballots, four key Senate races remain statistical dead heats, according to new CNN polls released Tuesday...
CNN - October 31, 2006
Iraq PM orders checkpoints removed
Iraqi PM Nuri al-Maliki has ordered the removal of U.S. and Iraqi military checkpoints from Sadr City. The order came after a general strike ordered by radical Shiite cleric Muqtada al-Sadral-Sadr shut down the sprawling Shiite slum...
CNN - October 31, 2006
NASA Plans Mission to Repair Hubble
NASA’s administrator reversed his predecessor’s contentious decision to nix the mission...
New York Times - October 31, 2006
Digital spells red ink for Kodak
Losses narrow at photo firm Kodak, in its eighth straight quarter of losses as it battles to adapt to the digital age...
BBC News - October 31, 2006
Gillette helps sharpen P&G profit
Sales of razors advertised by David Beckham helps Procter & Gamble increase quarterly profits by 33%...
BBC News - October 31, 2006
MySpace 'to block illegal files'
Social networking site MySpace is to block users from uploading copyrighted music to its pages...
BBC News - October 31, 2006
Spain holds 'Colombia trafficker'
Spanish authorities say they have arrested a major Colombian drug trafficker wanted by the US...
BBC News - October 31, 2006
US consumer confidence falls
US consumer confidence falls in October, with more people worried about incomes and job prospects...
BBC News - October 31, 2006
At-a-glance: 31 October
Everything you need to know about the latest developments in this year's US mid-term elections...
BBC News - October 31, 2006
NASA may announce new repair mission to Hubble
NASA Administrator Michael Griffin could turn astronomers' Halloween into Christmas with an announcement on whether he will send astronauts on a final mission to repair the Hubble Space Telescope...
CNN - October 31, 2006
N. Korea 'agrees to return to nuke talks'
North Korea has agreed to rejoin six-nation nuclear disarmament talks, the Chinese Foreign Ministry announced. The apparent breakthrough comes after North Korea detonated a nuclear device on October 9. North Korea has boycotted the talks, which also include Japan, Russia and South Korea, for a year to protest U.S. financial sanctions...
CNN - October 31, 2006
U.S. views boosting Iraqi troops
The Pentagon is considering a number of proposals from U.S. commanders in Iraq which may boost the number of U.S. troops there. Meanwhile the Pentagon begins a new "rapid response" operation to respond quickly to news media stories critical of the war in Iraq...
CNN - October 31, 2006
Pickens’s Son Guilty
Michael O. Pickens, the son of the oil tycoon Boone Pickens, pleaded guilty yesterday to three counts of securities fraud...
New York Times - October 31, 2006
After Death, My Sweet: From an Idea by Kubrick, a New Film May Be Born
Edward R. Pressman, a New York producer, is making a film based on a treatment Stanley Kubrick commissioned in the late 1950s from the noir pulp novelist Jim Thompson...
New York Times - October 31, 2006
Bernice Kanner, 57, Ad Columnist and Author, Dies
Bernice Kanner brought a quirky sense of humor and curiosity to books and articles on marketing, advertising and more whimsical subjects...
New York Times - October 31, 2006
Ford to Reduce Output in 2007
The Ford Motor Company expects to cut North American production as much as 12 percent in the first half of 2007 as the company’s truck sales decline...
New York Times - October 31, 2006
Health Care Verdict
The Amerigroup Corporation must pay at least $144 million in damages for wrongfully denying coverage to pregnant women eligible for Medicaid...
New York Times - October 31, 2006
MySpace Music Move
The social networking Web site MySpace.com will begin to use an audio fingerprinting technology by Gracenote to block users from uploading copyrighted music to the site, the Web site said on Monday...
New York Times - October 31, 2006
Stocks & Bonds: Shares Close Mixed as Wal-Mart Reports Slow Growth
Stocks were mixed Monday after Wal-Mart Stores reported its smallest monthly sales increase in the United States in two years...
New York Times - October 31, 2006
Memo Pad
BUSINESS TRAVEL IN 2007 Get ready to hear more from your corporate travel manager next year. As airlines fill more seats and raise fares and hotels in business centers continue raising already high rates, companies are being advised by American Express Business Travel to “tighten travel policies.” That means less flexibility in choice for business travelers, as corporate managers emphasize channeling spending to the volume discount deals negotiated with airlines and hotel chains. “Compliance to policy and tighter controls are necessary,” said Mike Streit, a vice president at the American Express subsidiary. Published domestic coach air fares are expected to rise 3 to 5 percent next year, American Express said. Domestic hotel rates will rise about 3 to 6 percent for midrange rooms and 4 to 8 percent for upper-range accommodations, but watch out for big cities. Average room rates in New York, which are already at record highs, could go up as much as 18 percent because of surging demand and sluggish growth in supply...
New York Times - October 31, 2006
Radler Assets Frozen
The assets of F. David Radler, the former publisher of The Chicago Sun-Times, were recently frozen by a Canadian court...
New York Times - October 31, 2006
Clear Channel Profits
Clear Channel Communications said its third-quarter earnings fell 9.5 percent, but its profits and revenue were higher than expected...
New York Times - October 31, 2006
Frequent Flier: And You Think That You Worry About Your Bags Spilling Open
Free condoms from the International AIDS Conference in Toronto, stuffed into all my bags as gifts for friends, turned the routine trip home to New York into an adventure...
New York Times - October 31, 2006
Taro C.F.O. Quit Over Investigation
Taro Pharmaceutical Industries said that its chief financial officer had quit over an investigation into the restatement of its results for 2003 and 2004...
New York Times - October 31, 2006
EMI Executive Plans to Step Down Early
Martin N. Bandier said Monday that he would resign as chairman of the EMI Group one year earlier than planned...
New York Times - October 31, 2006
Parts Maker Is Fifth to File for Bankruptcy
Dura Automotive Systems filed for bankruptcy protection, becoming the fifth major auto parts company since February 2005 to seek protection from creditors...
New York Times - October 31, 2006
Bank Buys Into Fund
Morgan Stanley Investment Management, the funds management arm of Morgan Stanley, said yesterday that it had acquired a minority stake in the Avenue Capital Group, a New York hedge fund that buys distressed debt and manages $12 billion in assets...
New York Times - October 31, 2006
Humana Profit Triples
LOUISVILLE, Ky., Oct. 30 (AP) — The health insurer Humana said Monday that its third-quarter profit more than tripled. But the latest earnings still missed Wall Street expectations, and its shares sank more than 6 percent...
New York Times - October 31, 2006
Founder of Monster.com Resigns
Andrew J. McKelvey had refused to be interviewed for Monster Worldwide’s internal stock options investigation...
New York Times - October 31, 2006
$6 Billion Bid for American Power Conversion
Schneider Electric, a French manufacturer, said Monday that it would buy American Power Conversion for $6.1 billion...
New York Times - October 31, 2006
GE Capital to Acquire a Fast-Food REIT
GE Capital Solutions, the leasing and financing unit of the General Electric Company, said yesterday that it would buy Trustreet Properties, a restaurant real estate investment trust, for about $1.15 billion in cash, or $17.05 a share...
New York Times - October 31, 2006
Advertising: Nike Reaches Deeper Into New Media to Find Young Buyers
Nike is expanding its use of nontraditional media to help sell the next version of its successful line of sneakers endorsed by the basketball star LeBron James...
New York Times - October 31, 2006
Merck Buys Maker of Gene-Silencing Drugs
Merck & Company will pay $1.1 billion to acquire Sirna Therapeutics, one of the leading companies pursuing technology to inactivate particular genes...
New York Times - October 31, 2006
U.S. Adding New Wrinkles in Shelter Case
Federal prosecutors are seeking to bolster their complex criminal case against former employees of the accounting firm KPMG...
New York Times - October 31, 2006
The Colonel Is Phasing Out Trans Fat From the Menu
Kentucky Fried Chicken — whose main course is deep fried — announced Monday that it would remove trans fat from its fryers...
New York Times - October 31, 2006
China May Be Using Oil to Press North Korea
Chinese trade statistics show that China cut off oil exports to North Korea in September during heightened tension over North Korea’s nuclear and missile programs...
New York Times - October 31, 2006
A $700 Million Hedge Fund, Down From $3 Billion, Says It Will Close
The closing of the fund highlights how sensitive hedge fund investors have become to weak performance after last month’s blow-up of Amaranth Advisors...
New York Times - October 31, 2006
Washington chip probe eyes Sony
US authorities investigating Sony's electronics unit have asked for details about its SRAM business...
BBC News - October 31, 2006
The children of Colorado's jails
The BBC's Jonathan Miller examines the fate of some of the young people locked up for life in the US state of Colorado...
BBC News - October 31, 2006
Brady fires Patriots to victory
New England quarterback Tom Brady is in top form as the Patriots beat Minnesota 31-7...
BBC News - October 31, 2006
BP 'knew of Texas safety worries'
BP knew of "safety problems" at its Texas City refinery well before a deadly blast in March 2005, say US investigators...
BBC News - October 31, 2006
Mexico Congress asks Ruiz to quit
The Mexican Congress has called on the embattled governor of Oaxaca state, Gov. Ulises Ruiz, pictured above, to step aside in a bid to restore order after five months of often violent protests that have paralyzed the state's capital city...
CNN - October 31, 2006
Father’s Guiding Force Is Felt in Cuomo’s New York Campaign
No one has invested more in Andrew Cuomo’s quest for office than his father, who seeks to rehabilitate the family name...
New York Times - October 31, 2006
Richard Gilman, Theater Critic, Dies at 83
Richard Gilman's elegant, contentious voice resonated through four decades in American letters, earning him both admirers and enemies of partisan fierceness...
New York Times - October 31, 2006
News Analysis: In 2nd Term, Brazil’s Leader Has Agenda Topped by Ethics
For Luiz Inácio Lula da Silva, even the briefest respite from corruption accusations that have dogged him for the past 18 months does not seem to be in the cards...
New York Times - October 31, 2006
Trained by Inmates, New Best Friends for Disabled Veterans
Rainbow is one of the first dogs in the country trained to work with someone who uses both a wheelchair and prosthetics to get around...
New York Times - October 31, 2006
Campaign to End Race Preferences Splits Michigan
Voters in Michigan are divided on a proposal to ban public institutions from considering race or sex in education, employment or contracting...
New York Times - October 31, 2006
A G.O.P. Leader and Star Struggles for Traction
The political world has changed for Senator Rick Santorum since he rode an anti-establishment wave into the Senate in 1994...
New York Times - October 31, 2006
In Boulder, Runners Gather in Guarded Isolation
Marathoners converge on Boulder, Colo., for its clear weather and high altitute, but the fiercely competitive racers keep to themselves...
New York Times - October 31, 2006
Democrats Are Seen to Gain in Statehouse Races
Gaining seats could lay the groundwork for redrawing Congressional districts after the 2010 census...
New York Times - October 31, 2006
Voting Machine Company Submits to Inquiry
An American company was bought by a Venezuelan-owned software company who overhauled Venezuela’s electoral machinery before a referendum that confirmed Hugo Chávez as president in August 2004...
New York Times - October 31, 2006
On the Road: Staying Close to the Heart and Spectacle of Las Vegas
The detailed, up-to-date dossiers of Las Vegas shows and restaurants on the Web site Vegas.com has helped make it a crucial component of the city’s nightlife...
New York Times - October 31, 2006
BP Knew of Safety Problems at Refinery, U.S. Panel Says
Faulty equipment that caused an explosion killing 15 workers had malfunctioned before the incident causing two previous fires...
New York Times - October 31, 2006
Profit at Verizon Bolstered by Wireless Unit
Verizon Wireless overtook Cingular Wireless as the nation’s largest mobile phone carrier ranked by revenue...
New York Times - October 31, 2006
Incomes Rose Last Month; Spending Was Restrained
Americans saw their incomes rise last month, but they did not respond by rushing out to spend that extra money...
New York Times - October 31, 2006
Take the Train, Bacchus
In today’s terror-worried business travel climate, the adage that wine does not travel well seems especially meaningful...
New York Times - October 31, 2006
A Home Valuation Web Site Is Accused of Discrimination
Zillow.com, which provides free home valuations, has been accused of undervaluing the homes in black and Latino neighborhoods...
New York Times - October 31, 2006
Newspaper Circulation Falls Sharply
The decline, one of the steepest on record, adds to the woes of a mature industry beset by layoffs and the possible sale of some of its flagships...
New York Times - October 31, 2006
A Proposal for Federal Protection From Catastrophe Divides Insurers
Some of the nation’s big insurers are turning to Washington in a bid to gain protection against future catastrophic losses...
New York Times - October 31, 2006
Free to a Good Country
The Pentagon runs a little-publicized giveaway and tag sale program to clean out excess equipment that ranges from jets to battleships, often free to America's allies...
New York Times - October 31, 2006
Diller’s Web: Think Cable of the Past
IAC/InterActiveCorp's programming president has a Hollywood dominated résumé, which may provide some insight about future Internet ventures...
New York Times - October 31, 2006
U.S. Drops Bid Over Royalties From Chevron
The decision could allow oil and gas companies to avoid paying hundreds of millions of dollars in royalties...
New York Times - October 31, 2006
S.E.C. Sues Ex-Officials of Delphi
The civil fraud charges were filed against nine former executives, but the Delphi Corporation itself will not be fined because of a settlement reached with the S.E.C...
New York Times - October 31, 2006
Brazil's Lula sets out priorities
Brazil's re-elected president says redistribution of wealth is among the key priorities for his second term...
BBC News - October 31, 2006
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