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US News Archive for January 2007:
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Iraq warns U.S., Iran on battles
Iraq's prime minister says he is sure Iran is behind some attacks on U.S. forces in Iraq and he will not allow his country to be a battleground for the two nations...
CNN - January 31, 2007
Biden's description of Obama draws scrutiny
Sen. Joe Biden planned to spend Wednesday focusing on his official announcement that he was running for president, but the Delaware Democrat instead found himself defending remarks he made to the New York Observer about his Democratic opponents...
CNN - January 31, 2007
British Police Arrest 9 in Alleged Kidnapping Plot
The suspects allegedly planned to torture a British Muslim soldier and broadcast video of his beheading...
New York Times - January 31, 2007
Spitzer Unveils $120.6 Billion Budget Proposal
The New York governor?s budget would increase spending by 6.3 percent, allowing him to pay for promised property tax cuts and new education aid...
New York Times - January 31, 2007
White House to Release Details on Eavesdropping
The decision will allow select members of Congress to review documents detailing the N.S.A. program...
New York Times - January 31, 2007
Economy Sped Up at End of 2006
Americans shrugged off the real estate bust by spending more money on everything from computers to food...
New York Times - January 31, 2007
Google Posts Sharp Rise in Sales and Profits
Google?s blockbuster growth continued, but investors were apparently hoping for even better fourth-quarter results...
New York Times - January 31, 2007
Fed Leaves Key Interest Rate Unchanged
The rate hasn?t changed since last June, and the Federal Reserve signaled that it will hold steady for some time...
New York Times - January 31, 2007
US Airways Withdraws Offer for Delta
US Airways? chief criticized Delta?s creditors committee for overstating concerns about a merger...
New York Times - January 31, 2007
Ads help Google profits triple
Google says its ability to cash in on web adverts helped its profits triple in the last quarter of 2006...
BBC News - January 31, 2007
Kraft owner to spin off the firm
Kraft, the world's second-largest food and drinks firm, is to be spun off by its owner into a separate business...
BBC News - January 31, 2007
Ad campaign causes Boston alert
An American media corporation apologises for sparking a security alert in Boston with a marketing campaign...
BBC News - January 31, 2007
Sheriff's wife among 4 killed in shootout
The wife of a sheriff whose father was gunned down by a confessed serial killer 27 years ago was killed in a shootout at their home that also left three other people dead...
CNN - January 31, 2007
Probe eyes Iran ties in Karbala attack
The Pentagon is investigating whether a recent attack on a military compound in Karbala was carried out by Iranians or Iranian-trained operatives, two officials from separate U.S. government agencies say...
CNN - January 31, 2007
Miller not 'absolutely certain' of timing of CIA leak
A former New York Times reporter wasn't "absolutely" certain under cross-examination Wednesday about when she learned about the identity of a CIA operative from I. Lewis "Scooter" Libby but she also didn't remember learning about it from any other government official...
CNN - January 31, 2007
Rising Costs Put N.Y. Transit Projects at Risk
A budget crisis could jeopardize or delay a five-year, $21 billion program to expand and improve the transit system...
New York Times - January 31, 2007
Israeli Court Convicts Ex-Minister in Sex Scandal
An Israeli court convicted Haim Roman, a former justice minister, today on charges that, while in office, he forcibly kissed a young female soldier...
New York Times - January 31, 2007
German Court Issues Warrants for C.I.A. Agents
Prosecutors today obtained warrants for 13 C.I.A. agents allegedly involved in kidnapping a German citizen, Khaled el Masri...
New York Times - January 31, 2007
British Police Arrest 8 in Alleged Kidnapping Plot
The suspects reportedly planned to torture a British Muslim soldier, then behead him and broadcast video images of his execution on the Web...
New York Times - January 31, 2007
Libby?s Lawyers Question Reporter?s Memory
A lawyer for I. Lewis Libby Jr. tried to portray a former Times reporter as having a ?fuzzy? memory of her conversations with I. Lewis Libby about a C.I.A. agent...
New York Times - January 31, 2007
Square Feet: Opening the Gates at an Army Base
The Picatinny Arsenal in New Jersey will turn some of its vast real estate holdings into a high-tech research and development park...
New York Times - January 31, 2007
Times Sharply Drops Value of New England Papers
The company said that it was writing down by $814.4 million the value of its New England newspapers, The Boston Globe and The Worcester Telegram & Gazette...
New York Times - January 31, 2007
Economy Gained Speed at End of 2006
Americans shrugged off a bust in the real estate market by spending more money on everything from computers to food...
New York Times - January 31, 2007
N.Y. Stock Exchange Chief Determined to Go East
The Village People sang ?Go West.? John Thain, the chief executive of the New York Stock Exchange, seems determined to go east...
New York Times - January 31, 2007
Boeing profits fall as sales rise
Boeing sees annual profits fall 14% despite strong sales, as it is hit by the cost of dropping an internet service...
BBC News - January 31, 2007
US and Tokyo markets move closer
The New York and Tokyo stock exchanges form an alliance to develop technology and promote mutual listings...
BBC News - January 31, 2007
Consumer spending lifts US
The US economy grows faster than expected in the last quarter of 2006, lifted by consumer spending...
BBC News - January 31, 2007
Plan to ban standard light bulbs
A Californian politician is aiming to bring in a law banning the sale of traditional light bulbs...
BBC News - January 31, 2007
WTO protesters win Seattle case
A US jury finds that Seattle authorities violated the rights of demonstrators arrested during the 1999 WTO protests...
BBC News - January 31, 2007
Rare death sentence in New York
A murderer is sentenced to death in New York, the city's first death penalty in a federal case for 50 years...
BBC News - January 31, 2007
College party sparks racism row
A theme party which appeared to mock African Americans is being investigated by a US university...
BBC News - January 31, 2007
Senate's Biden enters 2008 race
Senator Joe Biden, a foreign-policy expert in the US Senate, joins the race for the White House in 2008...
BBC News - January 31, 2007
'Beheading plot' behind terror raid
A major anti-terrorism raid in the UK was intended to foil a plot to kidnap a Muslim soldier serving in the British Army and behead him on video, a security source tells CNN...
CNN - January 31, 2007
'Time is short' in Iraq, commander nominee says
Stabilizing Iraq will require "new and different actions" to improve security and promote political reconciliation, the Navy admiral poised to lead American forces in the Middle East said. Adm. William Fallon, at his confirmation hearing, also said it may be time to "redefine the goals" in Iraq...
CNN - January 31, 2007
Castro up and talking in new video
Cuban television broadcasts scenes of what it says show ailing leader Fidel Castro meeting with Venezuelan President Hugo Chavez. Castro has not been seen in public or on video since October, and the Cuban government has maintained secrecy about his condition, giving rise to widespread speculation about his fate...
CNN - January 31, 2007
Bidding War for Roofing Products Maker Is Over
ElkCorp said that it planned to accept a bid for the company from Building Materials Corporation of America and terminate a planned sale to the private equity firm Carlyle Group...
New York Times - January 31, 2007
Owner of Hedge Fund Firm Is Sentenced
Scott Sacane, who owned and controlled Durus Capital Management, had pleaded guilty to one count of violating the Investment Advisers Act of 1940...
New York Times - January 31, 2007
Ex-Enron Executive Reports to Prison
Michael J. Kopper, a former Enron Corporation finance executive, ran illicit partnerships allowing the company to conceal debt off its balance sheets...
New York Times - January 31, 2007
US supply issues hit Honda profit
Honda's profits fail to meet market expectations because it cannot make its cars quick enough to meet US demand...
BBC News - January 31, 2007
Ecuador Congress stormed
Supporters of Ecuador's President Rafael Correa storm Congress to call for constitutional reform...
BBC News - January 31, 2007
Cricket: India beat Windies
Sachin Tendulkar hits his 41st one-day century as India beat West Indies by 160 runs to clinch the series 3-1...
BBC News - January 31, 2007
CSN loses race for Corus
Indian firm Tata wins a long running takeover battle for Anglo-Dutch steelmaker Corus, with a £6bn bid...
BBC News - January 31, 2007
US halts sale of F-14 jet parts
The US suspends sales of all spare parts from the retired F-14 fighter over fears they could end up in Iran...
BBC News - January 31, 2007
Author Sidney Sheldon dies at 89
Best-selling US novelist Sidney Sheldon dies in California aged 89 of complications from pneumonia...
BBC News - January 31, 2007
U.S. probes Iranian-Karbala link
The Pentagon is investigating whether an attack on a military compound in Karbala, Iraq, on January 20 was carried out by Iranians or Iranian-trained operatives, a U.S. official has told CNN. Some Iraqis speculate Iranian troops carried out the attack in retaliation for the capture by U.S. forces of five of its members in Irbil, Iraq, on January 11...
CNN - January 31, 2007
Castro up and talking in new Cuban video
Cuban television Tuesday broadcast scenes of what it said was ailing leader Fidel Castro meeting with Venezuelan President Hugo Chavez. Castro has not been seen in public or on video since October, and the Cuban government has maintained secrecy about his condition, giving rise to widespread speculation about his fate...
CNN - January 31, 2007
Four dead in West Virginia gas station blast
At least four people were killed and at least two critically injured Tuesday when an explosion leveled a gas station in this southern West Virginia city, officials said...
CNN - January 31, 2007
To ?08 Hopefuls, New Media Can Be Friend or Foe
White House candidates are aggressively monitoring and trying to master technologies like video streaming...
New York Times - January 31, 2007
Surging Costs Threaten New York Transit Projects
Among the projects in a $21 billion program are renovations to subway and commuter train stations...
New York Times - January 31, 2007
Killer of Detectives Gets Death Sentence
It was the first successful federal capital punishment prosecution in more than 50 years in New York...
New York Times - January 31, 2007
Megastores on March, Paris Takes to Barricades
The Paris city government has promised a plan aimed at stopping the ?banalization? of the Champs-Élysées...
New York Times - January 31, 2007
A Changing Battle on AIDS Is Reflected in a Quilt
The creator of the AIDS Memorial Quilt is locked in a legal tug of war with the quilt?s caretaker...
New York Times - January 31, 2007
World Business Briefing | Europe: Belgium: Europe Approves French Budget Plan
European Union finance ministers approved a French plan to cut its budget deficit below a 3 percent ceiling...
New York Times - January 31, 2007
World Business Briefing | Europe: Italy: Teacher Makes a Playful Offer for Alitalia
A high school aviation teacher earning $1,500 a month became a celebrity by making a fake bid to buy Alitalia as a protest against years of mismanagement...
New York Times - January 31, 2007
Former Cendant Executive Avoids Prison Time
A former chief financial officer of the Cendant Corporation was spared jail time as he became the final defendant sentenced in an accounting scandal...
New York Times - January 31, 2007
Christie?s to Raise Its Fee
Buyers will pay 20 percent on the first $500,000 of the hammer price and 12 percent on the remainder, the auction house said...
New York Times - January 31, 2007
World Business Briefing | Europe: Britain: Manchester Wins a Casino Development Deal
The northern city of Manchester unexpectedly won the fight to become the site of Britain?s first Las Vegas-style supercasino...
New York Times - January 31, 2007
U.P.S. Profit Is Up; Slower Growth Seen
United Parcel Service Inc. reported a 7.5 percent increase in fourth-quarter earnings, but said that profit growth would slow this year...
New York Times - January 31, 2007
Scripps Reports a Profit After a Loss Last Year, but Shares Fall
The report was overshadowed by worries about slowing sales at the company?s cable networks and dwindling numbers of visitors at a crucial price comparison shopping site, Shopzilla...
New York Times - January 31, 2007
Kellogg Profit Falls 5% as Wheat Cost Rises
The largest cereal maker in the United States said that wheat costs had soared and that the company had spent more on advertising...
New York Times - January 31, 2007
3M Earnings Are Weaker Than Expected
The diversified manufacturer 3M posted a weaker-than-expected quarterly profit and said global economic growth was slowing, setting off a 5.1 percent decline in its share price...
New York Times - January 31, 2007
F.D.A. Widens Safety Reviews on New Drugs
The F.D.A. plan is the latest effort to fix the agency after a series of missteps...
New York Times - January 31, 2007
Merck?s Revenue Increases, but Charges Eat Into Profit
Merck reported that fourth-quarter profit plunged 58 percent despite higher revenue as the company took charges for revamping costs, an acquisition and legal reserves...
New York Times - January 31, 2007
New Products and Demand in Emerging Markets Fatten Profits at P.& G. and Colgate
The companies introduced dozens of new products, and sales in countries like China have increased as consumers? incomes expand...
New York Times - January 31, 2007
JetBlue and US Airways Return to Profit in Latest Quarter
Both airlines took advantage of strong travel demand and higher ticket prices, but their shares dropped as crude oil prices rose...
New York Times - January 31, 2007
A Rise in Consumer Confidence May Not Last, a Survey Suggests
Consumers were feeling confident in January: the job market was chugging along and oil prices were down. But their optimism may dwindle on concerns that job and wage growth may slow...
New York Times - January 31, 2007
Stocks & Bonds: Shares Up Moderately as Markets Await a Rate Decision
Stocks finished moderately higher in an uneven session as optimism about the economy helped investors overcome some of their apprehension about the Federal Reserve?s impending decision on interest rates...
New York Times - January 31, 2007
Bush Promotes His Free Trade Initiatives
President Bush traveled to East Peoria, Ill., to advance his free trade initiatives and press Democrats to make his tax cuts permanent...
New York Times - January 31, 2007
Market Place: Big Investors Breathing New Life Into Gasping Auto Parts Suppliers
Analysts say troubled suppliers have become attractive investments because they can be bought cheaply, demand for parts is growing and interest rates are low...
New York Times - January 31, 2007
Oil and Natural Gas Prices Jump on Forecasts of More Cold
Oil prices settled just below $57 a barrel ? a gain of almost $3 ? and the price of natural gas soared more than 11 percent on expectations of more arctic weather in the United States...
New York Times - January 31, 2007
F.A.A. to Propose Letting Airline Pilots Fly Until Age 65
An end to a 47-year requirement that pilots retire at 60 would bring the United States in line with international practice...
New York Times - January 31, 2007
Tata Steel Buying Corus for $11 Billion
Tata Steel topped an offer from Brazil?s Companhia Siderúrgica Nacional to win a heated auction for its European rival, the Corus Group...
New York Times - January 31, 2007
Yahoo Planning to Add 100 Web Sites for Entertainment
The company?s effort is intended to create online destinations for individual movies, television shows, bands, celebrities, games and other types of entertainment...
New York Times - January 31, 2007
A Top Editor Returns to Times to Lead Washington Bureau
Dean Baquet is returning to The New York Times as chief of its Washington bureau and an assistant managing editor...
New York Times - January 31, 2007
Once a Dream Fuel, Palm Oil May Be an Eco-Nightmare
Rising demand for fuel derived from plants has brought about the clearing of huge tracts of Southeast Asian rainforest for palm plantations...
New York Times - January 31, 2007
Deal Struck on Claims of Nazi Era
Lawyers for victims of the Holocaust are giving up their fight for a larger payout of life insurance claims from an Italian insurance company...
New York Times - January 31, 2007
Vista Arrives With Limited Fanfare
The quiet debut for Microsoft?s latest version of the Windows operating system reflects how the company?s influence has faded as the nature of computer software has changed...
New York Times - January 31, 2007
Advertising: State Farm Is There, Right by the Backboard
At more than 40 colleges, advertising signs are for the first time being affixed to backboards on basketball courts...
New York Times - January 31, 2007
Square Feet: From Arms to Art
The United States Navy shipyard in North Charleston, S.C., is becoming an artists? colony with housing and businesses...
New York Times - January 31, 2007
Economix: You Want Innovation? Offer a Prize
Back in the 1700s, prizes were a fairly common way to reward innovation. But today?s economy doesn?t have nearly enough of them...
New York Times - January 31, 2007
Icahn Seeks Board Seat at Motorola
Carl C. Icahn, who has made a career of agitating for change at large companies, wants Motorola to use its $10.5 billion cash pile toward a huge buyback of shares...
New York Times - January 31, 2007
Games That Sell While Others Languish
There are growing signs that Nintendo?s Wii, which gets couch potatoes off the couch, has taken the lead over Sony?s PlayStation 3...
New York Times - January 31, 2007
Hobbled by Disappointing Sales and a Loss at the Game Unit, Sony?s Profit Drops 5%
The company?s PlayStation 3 game console has had a shaky start, despite rebounding sales in its bread-and-butter consumer electronics...
New York Times - January 31, 2007
Tobacco?s Stigma Aside, Wall Street Finds a Lot to Like
Despite regulations and legal settlements, investors seem to believe the future of cigarettes is brighter than ever...
New York Times - January 31, 2007
Court reinstates Padilla charge
A US appeals court reinstates a key charge against al-Qaeda suspect Jose Padilla, which could lead to a life sentence...
BBC News - January 31, 2007
Chavez to be granted new powers
Venezuela's parliament is to finalise a law granting President Chavez sweeping powers to rule by decree...
BBC News - January 31, 2007
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