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US News Archive for January 2007:
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U.S. gets first woman speaker
Rep. Nancy Pelosi on Thursday became the first woman speaker of the House of Representatives. In a symbolic tradition, John Boehner passed the House gavel to the new speaker. Pelosi accepted the position "in the spirit of partnership, not partisanship."...
CNN - January 4, 2007
House elects first female speaker
Rep. Nancy Pelosi on Thursday became the first woman to lead the House of Representatives, as Democrats took control of both chambers of Congress. The House voted 233-202 to elect the California Democrat over Rep. John Boehner of Ohio, the new Republican minority leader...
CNN - January 4, 2007
Pakistan Wants Afghan Refugees Resettled
Pakistan?s prime minister said today that three million Afghan refugees living in Pakistan must be resettled in their native country...
New York Times - January 4, 2007
Former President Bush Has Right Hip Replaced
Former President George H.W. Bush, 82, underwent the surgery early Wednesday and was resting comfortably...
New York Times - January 4, 2007
Owner of Sardi?s Restaurant Dies at 91
Vincent Sardi Jr. owned and managed the theater-district landmark for more than half a century...
New York Times - January 4, 2007
Harriet Miers Plans to Leave White House
Harriet E. Miers endured a brief moment in the spotlight as President Bush?s Supreme Court nominee in 2005...
New York Times - January 4, 2007
Democrats Take the Gavels in Congress
As jubilant Democrats took control in the Senate and House today for the first time in 12 years, there were signals that the new ?spirit of bipartisanship? might soon be enlivened by spirited debate between the G.O.P. and Democrats, personal or otherwise...
New York Times - January 4, 2007
Lilly to Pay Up to $500 Million to Settle Claims
The settlement covers 18,000 lawsuits from people who claimed they developed diseases after taking Zyprexa...
New York Times - January 4, 2007
New York Times to Sell 9 Local TV Stations
The stations will be sold to Oak Hill Capital Partners, a private equity firm, for $575 million...
New York Times - January 4, 2007
Ford to boost Brazilian operation
US car firm Ford is injecting some $1bn in Brazil operations to 2011 as well as buying a Brazilian off-road vehicle firm...
BBC News - January 4, 2007
New era as Democrats take power
Democrats take control of the US Congress, with a woman at the helm of the House for the first time...
BBC News - January 4, 2007
Power shifts in U.S. Congress
U.S. Congress convened Thursday with Democrats in control of both the House and Senate for the first time in a dozen years. "Today we make history. Today we change the direction of our country," exulted Rep. Nancy Pelosi, ready to become the first woman speaker in history...
CNN - January 4, 2007
Mystery nugget crashes into N.J. house
Authorities were trying to identify a mysterious metallic object that crashed through the roof of a house in affluent Monmouth County in eastern New Jersey. Neighbor Robert Nalven, 55, said nothing this exciting had happened in the six years he's lived in the development. "I'm happy it didn't hit my house," he said...
CNN - January 4, 2007
U.S. Urges Caution as Iraq Plans More Executions
A White House spokesman today called on the Iraqi government to proceed with ?appropriate care? as it plans for the executions of two former officials convicted along with Saddam Hussein...
New York Times - January 4, 2007
Health Scare Closes More Rhode Island Schools
More than 21,000 students in public schools in three communities in Rhode Island were told today to stay home for the rest of the week after a child who attended one of the schools was admitted to a hospital with a probable case of meningitis...
New York Times - January 4, 2007
Euphoric Democrats Take Control of Congress
Jubilant Democrats took the gavels in the Senate and House today for the first time in 12 years, pledging a new era in Congress and a new effort at bipartisan progress...
New York Times - January 4, 2007
Chile's divisive mountain of gold
A plan for a 'sustainable' gold mine in the Andes divides Chilean authorities and local environmental groups...
BBC News - January 4, 2007
Boeing enjoys record order book
Boeing says it won a record 1,044 orders for planes last year and is set to top Airbus for the first time since 2000...
BBC News - January 4, 2007
Bush's top lawyer Miers resigns
Harriet Miers has submitted her resignation as White House counsel, the Bush administration says...
BBC News - January 4, 2007
Missing plane mystery deepens
An Indonesian jetliner that vanished with 102 people onboard did not issue distress signals or report any mechanical problems, a top aviation official says, adding to the mystery surrounding its disappearance...
CNN - January 4, 2007
Democrats set to take over, vowing a cleaner Congress
Democrats prepared to take control of both houses of Congress on Thursday for the first time in 12 years, with plans to quickly raise the minimum wage and toughen lobbying rules...
CNN - January 4, 2007
Samsung to Unveil Slimmer Rear-Projection TVs
A new line of rear-projection D.L.P. televisions will not be much thicker than flat-panel TVs but will cost about 30 percent less...
New York Times - January 4, 2007
Socialist makes US history
Plain-speaking Bernard Sanders talks to the BBC before taking his place as the first socialist senator in US history...
BBC News - January 4, 2007
Negroponte to be Rice deputy
US intelligence chief John Negroponte is set to be named deputy to Secretary of State Condoleezza Rice...
BBC News - January 4, 2007
'I never let go of my boy'
Survivors of this past weekend's passenger ferry sinking off Indonesia are recounting heartbreaking stories of separation from family and friends -- as well as the ferry's last moments before submerging into the storm-driven sea...
CNN - January 4, 2007
Spitzer Requests Sweeping Array of New Measures
Gov. Eliot Spitzer said he would move swiftly to guarantee health insurance for all children in New York State...
New York Times - January 4, 2007
In Meetings With Allies, Clinton Hones ?08 Strategy
Senator Hillary Rodham Clinton has engaged in nearly nonstop political consultations on a presidential run...
New York Times - January 4, 2007
U.S. Bars Lab From Testing Electronic Voting
Federal officials found that Ciber Inc. could not document that it was conducting all the required tests...
New York Times - January 4, 2007
Saban Leaving the Dolphins for Alabama
After repeatedly saying in recent weeks that he would not take the Alabama coaching job, Nick Saban reversed course Wednesday to announce his departure from the Miami Dolphins for the Crimson Tide...
New York Times - January 4, 2007
In Padilla Wiretaps, Murky View of ?Jihad? Case
The government will rely largely on wiretapped conversations when it puts Jose Padilla and two others on trial...
New York Times - January 4, 2007
Ethics Overhaul Tops the Agenda in New Congress
House Democrats said that they would move immediately to try to sever ties between lawmakers and lobbyists...
New York Times - January 4, 2007
Advertising: Who Is That Wearing That Milk Mustache?
Brand mascots are everywhere these days, as marketers look for new ways to spread their messages across a variety of media...
New York Times - January 4, 2007
With Ad Deal, Insurer Wades Into Bridge Traffic
The Port Authority of New York and New Jersey is to announce a deal with Geico that includes advertising at the George Washington Bridge toll plaza...
New York Times - January 4, 2007
Lack of Rules on Protective Gear Brings Suit Against Labor Dept.
Two labor organizations said it was wrong for the Labor Department to require employers to provide protective equipment while often letting employers charge workers for that equipment...
New York Times - January 4, 2007
Addenda
Sprint Nextel Reviews...
New York Times - January 4, 2007
Drugstores Bank on Snob Appeal (but Can You Pronounce It?)
To try to attract brand-conscious beauty consumers who are wont to buy their cosmetics at department and specialty stores, drugstore and big-box chains are starting to introduce niche European skin-care lines...
New York Times - January 4, 2007
World Business Briefing: Germany: Unemployment Rate Is Steady
The number of jobless Germans edged above four million in December, according to government data, but the figures showed a decline when adjusted for seasonal factors. The unemployment rate was steady, compared with November, at 9.6 percent. A total 4.008 million Germans were out of work in December, up from 3.995 million in the previous month, and back over the politically sensitive four million mark. The federal labor agency credited an unusually mild winter and an overall upturn in the German economy for the lower seasonal numbers. Construction employment showed an increase as there was a rush to finish home and building improvements before a value-added tax took effect on Jan. 1...
New York Times - January 4, 2007
World Business Briefing: Germany: Siemens Bribery Inquiry
German prosecutors said they were investigating whether the technology and engineering conglomerate Siemens paid bribes to win contracts in Iraq while the country was ruled by Saddam Hussein. Wolfgang Träg, a spokesman for prosecutors in Nuremberg, said the investigation followed a 2005 United Nations report that named 63 German companies said to have paid bribes to Iraq. A Siemens spokesman, Constantin Birnstiel, said the company had already investigated the information in the United Nations report. ?Our lawyers came to the conclusion that there was no criminal offense,? Mr. Birnstiel said...
New York Times - January 4, 2007
World Business Briefing: Bermuda: New Insurer to Focus on Coasts
The Bear Stearns Companies, Greenhill & Company and three other firms have invested $1 billion to create Ironshore Insurance, an insurer that will be based in Bermuda and will specialize in disaster-prone commercial properties along the Southeast and Gulf coasts of the United States. Robert Clements, who helped start various Bermuda-based insurers including ACE and XL Capital, arranged the financing with his son John Clements. ?We see a marketplace that is starved for quality capacity,? Robert V. Deutsch, Ironshore?s chief executive, above, said in a telephone interview...
New York Times - January 4, 2007
World Business Briefing: France: Deadline for Suez Bid Disclosure
The French stock market regulator, Autorité des Marchés Financiers, will set a deadline next week for the billionaire François Pinault to say whether he plans to make an offer for the utility Suez. Failure to meet the deadline would prevent Mr. Pinault?s holding company, Artemis, from bidding for the company for six months, unless there were ?significant? changes in Suez?s situation or shareholder structure, the regulatory agency said. Suez, which supplies water and electric power, asked the regulator on Tuesday to set a deadline after reports surfaced that Artemis was considering the acquisition...
New York Times - January 4, 2007
World Business Briefing: Switzerland: Nestlé Sells Composting Unit
Nestlé, the food company, agreed to sell a soil-composting unit in the United States to the Garick Corporation for an undisclosed price. Garick, which is based in Cleveland, said it would add the unit, New Milford Farms, to its reusable waste business. New Milford, part of a Nestlé unit in New Milford, Conn., turns processed food byproducts into compost. Terms were not disclosed. Nestlé is based in Vevey, Switzerland...
New York Times - January 4, 2007
World Business Briefing: China: Sabmiller Expands Venture
SABMiller said its China venture would buy a local partner for $320 million to expand in the world?s biggest beer market. China Resources Snow Breweries, 49 percent owned by SABMiller, agreed to buy the shares it does not already own in the Blue Sword Group, which owns 38 percent stakes in 14 breweries in central Sichuan province. The remaining shares are owned by China Resources Snow. In October, SABMiller said that its China Resources Snow venture had become China?s largest brewer by sales volume, beating its domestic rival Tsingtao Brewery...
New York Times - January 4, 2007
World Business Briefing: Denmark: License Deal for Allergy Drug
A Danish allergy vaccination maker, ALK-Abello, said it had agreed to an alliance with Schering-Plough to develop and commercialize an ALK-Abello tablet-based allergy treatment. The agreement, which will be effective in the United States, Canada and Mexico, will cover a drug developed to treat allergies to grass pollen, house dust mites and ragweed. ALK-Abello, based in Horsholm, Denmark, will get an upfront payment of $35 million along with a potential further $255 million in milestone payments...
New York Times - January 4, 2007
World Business Briefing: South Korea: Asiana Airlines Orders Planes
Asiana Airlines, South Korea?s second-biggest airline, said it had ordered six passenger planes from Airbus for delivery this year and was considering ordering two additional Airbus jets. The airline also signed an order to buy two Boeing 777-200ER jets. An Asiana spokeswoman declined to give the value of the orders...
New York Times - January 4, 2007
Judge Drops KPMG Charge in Tax Case
A federal judge dismissed a criminal charge accusing KPMG of conspiring to sell illegal tax shelters...
New York Times - January 4, 2007
?The O.C.? Is Canceled
?The O.C.,? the once-hot teenage soap opera that saw its ratings plummet, has been canceled...
New York Times - January 4, 2007
World Business Briefing: France: Airline Sues Over Labor Taxes
Ryanair Holdings, the discount airline, announced a lawsuit against the French government, arguing that newly imposed labor taxes were illegally hampering its operations. Ryanair, which is based in Dublin, said it had also petitioned European Union competition authorities in Brussels in hopes of overturning the application of French tax and labor standards to Ryanair employees based in France. Jim Callaghan, Ryanair?s director of regulatory affairs, said France ?tries to force foreign airlines to apply French labor laws when they base aircraft in France,? in violation of European labor laws. Ryanair, the fastest-growing airline in Europe, is the second European airline to challenge the taxes. A British budget airline, easyJet, sued over the taxes last month...
New York Times - January 4, 2007
Adelphia Bankruptcy Plan Is Approved
The plan to pay creditors and end one of the biggest bankruptcy cases in U.S. history was approved by a judge in New York...
New York Times - January 4, 2007
3 Cellphone Makers Are Sued Over Bluetooth Technology
A U.S. research institute has sued Nokia, Samsung and Panasonic, accusing them of violating a patent for Bluetooth technology...
New York Times - January 4, 2007
Ex-Enron Executive Reports to Prison
Richard A. Causey reported to prison to begin serving five and a half years for his role in the company?s scandalous collapse...
New York Times - January 4, 2007
Economic Scene: A Country Less Dependent on Oil Is Free to Make Other New Year?s Resolutions
After seeing gas prices pass $3 a gallon last year, a great many folks wish the economy would go on a diet and stop using so much energy...
New York Times - January 4, 2007
New Amazon Web Site Sells Shoes and Bags
Amazon.com said a new shoe and handbag site called Endless.com will tap into the growing footwear and accessories market...
New York Times - January 4, 2007
An Index of Industry Expands
Manufacturing expanded in December after contracting the previous month, leaving economists cautiously hopeful about the sector?s prospects for next year...
New York Times - January 4, 2007
Samsung to Unveil Large Rear-Projection TVs
A new line of rear-projection L.C.D. televisions will not be much thicker than flat-panel TVs but will cost about 30 percent less...
New York Times - January 4, 2007
Exxon Accused of Trying to Mislead Public
A scientists? organization accused Exxon of spending millions to manipulate public opinion on the seriousness of global warming...
New York Times - January 4, 2007
2 Top Hollywood Agents Move to a Rival Firm
Robert Newman and Matt Solo joined the Endeavor talent agency, after many years at the rival International Creative Management...
New York Times - January 4, 2007
An Ousted Chief?s Going-Away Pay Is Seen by Many as Typically Excessive
Robert L. Nardelli?s departure illustrates that even when investor voices are heard on executive pay, shareholders often wind up holding the bag...
New York Times - January 4, 2007
Garry Betty, 49, Chief of the Internet Provider EarthLink
Garry Betty built EarthLink from a struggling start-up into a public company that took on telecommunications giants...
New York Times - January 4, 2007
Indications of a Slowdown in Sex Entertainment Trade
The slowdown may be just the latest example of how the Internet is shaking up well-established industries...
New York Times - January 4, 2007
Helping Make the Shift From Combat to Commerce
The Veterans Transition Franchise Initiative offers veterans a discount on financing prospective franchises as a way of thanking them for serving the country...
New York Times - January 4, 2007
G.E. Magic Can Fade, After G.E.
G.E. has long been seen as a training ground for future C.E.O.?s. The ouster of Robert L. Nardelli, a G.E. alumnus, may change that perception...
New York Times - January 4, 2007
Auto Sales at Big 3 Fall Further
G.M., Ford and Chrysler ended 2006 with a new low in their collective market share ? just 51.5 percent for the month of December...
New York Times - January 4, 2007
New Disc May Sway DVD Wars
Warner Brothers plans to announce a single videodisc that can play films and television programs in both Blu-ray and HD-DVD, the rival DVD technologies...
New York Times - January 4, 2007
Markets Finish Mixed as Fed Hints at Nagging Concern With Inflation
Stocks surged on the first trading day of the year, but fell sharply when minutes of the last Federal Reserve meeting expressed concern about inflation...
New York Times - January 4, 2007
Mother Wonders if Psychosis Drug Helped Kill Son
Eli Lilly found that patients taking Zyprexa would be more likely to develop heart disease...
New York Times - January 4, 2007
Market Place: A Warning Shot by Investors to Boards and Chiefs
The departure of Home Depot?s chief was a victory for shareholders hoping to force corporate directors to be more accountable for executive pay...
New York Times - January 4, 2007
Home Depot Ousts Highly Paid Chief
The board decided that Robert L. Nardelli should go ? with a $210 million exit package...
New York Times - January 4, 2007
NBA: Riley takes Heat leave
Miami Heat coach Pat Riley will take an indefinite leave of absence from the NBA champions because of ongoing hip and knee problems...
BBC News - January 4, 2007
Car bosses say 4x4 demand falls
The popularity of gas-guzzling 4x4s is set to falter in 2007, a report suggests...
BBC News - January 4, 2007
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