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US News Archive for May 2006:
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Moussaoui gets life in prison
A jury has recommended that al Qaeda terrorist Zacarias Moussaoui spend the rest of his life in prison. The case is the first U.S. criminal case arising from the September 11, 2001 terrorist attacks. The nine men and three women returned their verdict on the seventh day of deliberations after reliving the September 11 attacks through weeks of harrowing testimony and evidence. "America, you lost," Moussaoui said as he left the courtroom. "I won."...
CNN - May 3, 2006
Moussaoui gets life sentence
Jury recommends life in prison for al Qaeda terrorist Zacarias Moussaoui. He is the first person convicted in the United States for his role in September 11, 2001 attacks that killed nearly 3,000 people when hijacked passenger jets crashed into the trade center, Pentagon and a Pennsylvania field...
CNN - May 3, 2006
House targets Big Oil with anti-gouging measures
The House approved criminal penalties and fines of up to $150 million Wednesday for energy companies caught price gouging as lawmakers responded to public anger over high gasoline prices and huge oil industry profits...
CNN - May 3, 2006
Bush Renews Call to Make Tax Cuts Permanent
President Bush said today that tax cuts were directly responsible for the current economic expansion...
New York Times - May 3, 2006
Earl Woods Dies at 74; Role Model to His Son, Tiger
Earl Woods, who mentored his son, Eldrick, and watched him grow into the golfer Tiger Woods, one of the most celebrated athletes of his era, died today...
New York Times - May 3, 2006
Mineta Urges House Panel on Fuel Standards
Democrats said the proposal was meant to give the appearance of action without actually changing policy...
New York Times - May 3, 2006
Soda Distributors to End Most School Sales
The companies said they will sell only water, certain fruit juices and low-fat or fat-free milk to students...
New York Times - May 3, 2006
Jury Decides Against Execution for Moussaoui
A federal court jury voted today to send Zacarias Moussaoui to prison for the rest of his days rather than condemn him to death for the carnage of Sept. 11, 2001. The jury deliberated seven days. "America, you lost!" Mr. Moussaoui shouted as he was led from the courtroom after the verdict was announced...
New York Times - May 3, 2006
Flu Plan Calls for Limited Federal Role
The far-flung nature of a pandemic means that the federal government's oversight will be limited, the White House said today...
New York Times - May 3, 2006
Cigna Reports Decline in Profits
PHILADELPHIA, May 3 (AP) — The insurance company Cigna Corporation reported a 19 percent decline in first-quarter profit Wednesday and issued an outlook for full-year earnings that falls short of Wall Street's expectations...
New York Times - May 3, 2006
Raytheon Punishes Chief Executive for Lifting Text
William H. Swanson will face compensation penalties estimated at $1 million for copying portions of his book...
New York Times - May 3, 2006
Boeing optimistic on aid dispute
The EU and US are stepping up efforts to settle a dispute over subsidies to the aircraft industry, Boeing says...
BBC News - May 3, 2006
Golf: Tiger Woods' father dies
Tiger Woods mourns the death of his father, Earl, who has died of cancer...
BBC News - May 3, 2006
Canadian-Iranian author arrested
Renowned Iranian-Canadian intellectual and author Ramin Jahanbegloo is arrested at the airport in Tehran...
BBC News - May 3, 2006
US sprinter denies fraud charges
Former US sprint star Tim Montgomery pleads not guilty to charges of a $5m bank fraud...
BBC News - May 3, 2006
U.S. preps for flu disaster
The Bush administration say it's making plans for a worst-case scenario: A flu pandemic that kills 2 million people in the United States and puts 40 percent of the workforce out of commission...
CNN - May 3, 2006
Tsunami warnings after Tonga quake
Tsunami warnings have been issued for Fiji and New Zealand after a massive earthquake measuring about 7.8 in magnitude shook the southern Pacific Ocean...
CNN - May 3, 2006
Bush calls for extension of $70 billion in tax cuts
Striving for a badly needed congressional score, President Bush urged Congress Wednesday to pass a multibillion-dollar bill extending tax cuts for businesses and families, especially at a time of soaring gas prices...
CNN - May 3, 2006
Europe Cancels Talks With Serbia Over Fugitive
The European Union called off negotiations today on closer ties with Serbia because it failed to find, arrest and transfer the former military chief Ratko Mladic to the war crimes tribunal in The Hague...
New York Times - May 3, 2006
Another Bishop Is Installed in China
The move could derail diplomatic efforts aimed at the re-establishing diplomatic relations between Beijing and the Holy See...
New York Times - May 3, 2006
Warehouse Fire Continues Burning in Brooklyn
Nearly 100 firefighters remained on the scene to pump water on the smoking and smoldering remnants...
New York Times - May 3, 2006
Rescuer Takes Blame for False Report at Sago
Bill Tucker said his words led to the false hopes of that 13 miners had survived at the Sago Mine — and to incorrect headlines around the world...
New York Times - May 3, 2006
Warner Music Rejects Bid From Rival
Warner Music Group said that a deal with EMI was not in the best interests of its shareholders...
New York Times - May 3, 2006
Economic data hint at US strength
Economic data underlines the strength of the US economy, and suggests that interest rates could keep rising...
BBC News - May 3, 2006
Bolivia takeover alarms allies
Anyone who believed Latin America's various left-leaning leaders all thought alike will be puzzled by the fallout from Bolivia's nationalisation of its vast natural gas fields...
BBC News - May 3, 2006
Mastercard in $2.8bn shares sale
Credit card firm Mastercard is hoping to raise up to $2.8bn by selling 46% of its shares to New York Stock Exchange investors...
BBC News - May 3, 2006
Drive for strict US immigrant law
A convoy of campaigners who want US immigration laws tightened is to set off on a 12-city tour to rally support...
BBC News - May 3, 2006
Canadian 'loonie' hits fresh high
The Canadian dollar or "loonie" is now pecking at the heels of the traditionally more robust US "greenback"...
BBC News - May 3, 2006
Bogota faces second day of strike
A public transport strike brings the Colombian capital to a standstill for a second day...
BBC News - May 3, 2006
34 bodies in Baghdad in two days
The bodies of 14 men have been found in northern Baghdad, police said, bringing to 34 the number of bodies found in the last two days...
CNN - May 3, 2006
Emerson Electric Raises Forecast for Year
Emerson Electric Raises Forecast for YearBy Reuters...
New York Times - May 3, 2006
St. Paul Travelers Raises '06 Forecast
By Reuters...
New York Times - May 3, 2006
Earnings Are Down at IAC
By Reuters...
New York Times - May 3, 2006
Iran tops Merkel's agenda in US
Iran's nuclear programme is set to dominate German Chancellor Angela Merkel's two-day trip to Washington...
BBC News - May 3, 2006
Gunmen kill Honduran politician
Juan Ramon Salgado, deputy leader of Honduras' governing Liberal Party, dies after being shot at his home...
BBC News - May 3, 2006
Copy claim author loses deal
A novel by Harvard student Kaavya Viswanathan is withdrawn over plagiarism allegations...
BBC News - May 3, 2006
Struggle to execute US murderer
A man tells his executioners the lethal injection procedure is not working, as they struggle to kill him...
BBC News - May 3, 2006
Moussaoui evidence worries judge
The judge at Zacarias Moussaoui's death penalty trial had doubts about the truth of his testimony, court papers show...
BBC News - May 3, 2006
Russia: No airline crash survivors
An Armenian jetliner has crashed into the Black Sea near the Russian resort of Sochi Wednesday, killing all 113 people aboard, Russian authorities say...
CNN - May 3, 2006
Passenger jet crashes into Black Sea
An Armenian Airlines jetliner with 100 people aboard disappeared from radar early Wednesday near the Black Sea resort of Sochi, Russian authorities say. Controllers lost contact with the plane shortly after 3:30 a.m. Wednesday (11:30 p.m. Tuesday GMT), Victor Beltsov, a spokesman for the Russian Emergency Services Ministry, said...
CNN - May 3, 2006
Draft Report Outlines Plans for Pandemic
According to the plan, the federal government would stockpile 75 million doses of antiviral drugs and 20 million doses of vaccine to combat a flu pandemic...
New York Times - May 3, 2006
Administration Conducting Research Into Laser Weapon
The largely secret weapon would use beams of concentrated light to destroy enemy satellites in orbit...
New York Times - May 3, 2006
Federal Study Finds Accord on Warming
A study commissioned by the Bush administration concluded that the lower atmosphere was indeed growing warmer...
New York Times - May 3, 2006
Pardons Granted 88 Years After Crimes of Sedition
Montana's governor is posthumously pardoning 78 people who were convicted for speaking out during World War I...
New York Times - May 3, 2006
Film Ignites the Wrath of Hindu Fundamentalists
Deepa Mehta's new film, "Water," about the degradation of Hindu widows in India in the 1930's, has sparked protests from its onset...
New York Times - May 3, 2006
News Analysis: After Immigration Protests, Goal Remains Elusive
The protests mobilized hundreds of thousands of people, but did not appear to have changed votes in Congress...
New York Times - May 3, 2006
Supreme Court Memo: In the Roberts Court, More Room for Argument
In the view of lawyers who have appeared at the Supreme Court this term, new justices have changed the court's style...
New York Times - May 3, 2006
Democrats Push Fight for House in the Northeast
Democrats battling for control of the House of Representatives are concentrating their efforts on defeating Northeast Republicans...
New York Times - May 3, 2006
Duke Energy Profit Falls Nearly 60%
Duke Energy Profit Falls Nearly 60%...
New York Times - May 3, 2006
Profit Rises for Texas Utility TXU
Profit Rises for Texas Utility TXU...
New York Times - May 3, 2006
Archer Daniels Midland Reports 29% Increase in Profit
By Reuters...
New York Times - May 3, 2006
Mortgage Lender to Consolidate
LOS ANGELES, May 2 (AP) — The parent company of the Ameriquest Mortgage Company and Town and Country Credit said on Tuesday that it would close all of its 229 branch offices and lay off 3,800 employees nationwide as part of a plan to consolidate its retail mortgage lending operations...
New York Times - May 3, 2006
Profit Doubles at Aluminum Producer
Profit Doubles at Aluminum Producer...
New York Times - May 3, 2006
Louis Rukeyser, Television Host, Dies at 73
Louis Rukeyser helped millions of Americans believe that they could get rich in the stock market, or at least begin to understand it...
New York Times - May 3, 2006
Jury Chosen to Retry Broadband Executives
The former vice president and accountant for Enron Broadband each face charges of wire fraud, falsifying records and conspiracy...
New York Times - May 3, 2006
Harassment Suit Is Filed Against Toyota
A woman has filed a lawsuit accusing a high-ranking Toyota executive of sexually harassing her when she worked as his personal assistant...
New York Times - May 3, 2006
Former Counsel for Tyco to Settle S.E.C. Charges
WASHINGTON, May 2 (Reuters) — The former corporate counsel for Tyco International, Mark A. Belnick, has agreed to pay a $100,000 fine to settle charges with the Securities and Exchange Commission, stemming from money he borrowed from the company, the agency said on Tuesday...
New York Times - May 3, 2006
Deephaven Settles Charges
By Reuters...
New York Times - May 3, 2006
Plan for $100 Gas Rebate Appears to Be Dead
Leading Congressional Republicans said a proposal to compensate taxpayers had quickly fallen flat...
New York Times - May 3, 2006
Apology Issued on Stock Options
UnitedHealth had granted stock options to the chief executive worth some $1.6 billion, drawing investigations into their timing...
New York Times - May 3, 2006
Profit at E.D.S. Falls Short of Analysts' Estimates
PLANO, Tex., May 2 (AP) — Electronic Data Systems said Tuesday that profit and sales rose in the first quarter, but the results still fell short of Wall Street's forecast...
New York Times - May 3, 2006
Apple Extends Deal for 99˘ Downloads
Apple renewed contracts with the four largest record companies to continue offering songs at 99 cents each through the iTunes music store...
New York Times - May 3, 2006
Stanley Hiller, 81, Innovator in the Design of Helicopters, Dies
Stanley Hiller Jr. designed new technology for helicopters while still a teenager and went on to become a leader in the industry...
New York Times - May 3, 2006
Credit Suisse Profit Rose 36% in Quarter
The figures beat estimates because costs were lower than expected at the investment bank and revenue was higher...
New York Times - May 3, 2006
Profit Declines 73% at Animation Studio
DreamWorks said that its profit plunged as it relied on home video sales of "Madagascar" while it prepares for its next theatrical release...
New York Times - May 3, 2006
191 Reports of Eye Infection Linked to Lens Cleaners
The number of reports of a rare fungal infection linked to contact lens cleaners has edged up slightly in the last week...
New York Times - May 3, 2006
Visteon Returns to Profit Even as Sales Drop
The auto parts supplier Visteon Corporation swung to a first-quarter profit and raised its full-year earnings outlook Tuesday as its restructuring actions took hold and new business grew...
New York Times - May 3, 2006
Easing of U.S.-Europe Airline Rules Is Delayed
The delay in turn deferred an "open skies" agreement that probably would have led to lower air fares and new routes across the North Atlantic...
New York Times - May 3, 2006
Earnings Data Send Shares Broadly Higher
By Reuters...
New York Times - May 3, 2006
Study Says Older Americans Are Less Healthy Than British
The U.S. spends more than twice as much on health care, but Americans 55 and over are sicker than their British counterparts...
New York Times - May 3, 2006
Student Housing Leads an Urban Turnaround
Temple University's transformation from a commuter school to a residential campus is stimulating private investment in one of Philadelphia's most troubled neighborhoods...
New York Times - May 3, 2006
Signs of an Upturn in New Jersey
It has been a long, hard climb back to reasonable health for the New Jersey commercial office market since the Sept. 11 attack in New York...
New York Times - May 3, 2006
Industry Urged to Offer More Nutritious Foods for Children
A government report urges food companies to develop products that are more nutritious and to "review and revise" its marketing practices...
New York Times - May 3, 2006
Embattled VW Chief Gets 5-Year Contract Extension
A unanimous vote by Volkswagen's supervisory board gave Bernd Pischetsrieder another chance to revive Volkswagen...
New York Times - May 3, 2006
In Washington, Bonhomie for Saudi Oil Minister
As the energy debate grips the nation's attention, Saudi Arabia's oil representative came to Washington to offer his thoughts on a range of topics...
New York Times - May 3, 2006
Market Place: Profit Falls as Sales Rise at Verizon
Verizon said its profit dipped as it absorbed the costs of integrating MCI and building a fiber optic network designed to deliver television to homes...
New York Times - May 3, 2006
Advertising : Best Cellphone Company? All of Them, to Hear Them Say It
Marketers in crowded categories often try to avoid price wars by promoting qualities like service and convenience. Now cellphone companies have joined the fray...
New York Times - May 3, 2006
David Leonhardt: Rule No. 35: Reread Rule On Integrity
Why is William Swanson, Raytheon’s chief executive, getting a free pass on plagiarism and dishonesty when Kaavya Viswanathan, a teenager, is not?...
New York Times - May 3, 2006
News Analysis: Did Ken Lay Demonstrate Credibility?
The former Enron chief's often-testy performance on the stand has many questioning whether he increased his chances of being convicted...
New York Times - May 3, 2006
U.S. Makers Facing Glut of S.U.V.'s as Gas Rises
With a battery of new S.U.V.'s waiting in the wings, domestic automakers are now facing the very situation they had hoped to avoid...
New York Times - May 3, 2006
EMI Holds New Talks for Rival
EMI, the world's third-largest music company, is in early talks to acquire the Warner Music Group for more than $5 billion...
New York Times - May 3, 2006
An Ugly Side of Free Trade: Sweatshops in Jordan
An advocacy group for workers contends that some apparel makers in Jordan have engaged in human trafficking...
New York Times - May 3, 2006
Sympathy as Hard to Find as Oil
A new public relations campaign by the oil industry seeks to blunt efforts by lawmakers who are calling for a repeal of tax breaks and other incentives recently passed by Congress...
New York Times - May 3, 2006
Dreamworks profits fall on costs
DreamWorks profits drop after it did not recoup the marketing costs of Shrek 2 and the latest Wallace and Gromit film...
BBC News - May 3, 2006
Baseball: Bonds closes on Ruth
Barry Bonds closes to within two home runs of Babe Ruth on the all-time list by hitting his 712th homer...
BBC News - May 3, 2006
Football: US Cup squad picked
USA coach Bruce Arena picks a blend of domestic and European-based players for the World Cup...
BBC News - May 3, 2006
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