|
|
|
|
US News Archive for April 2008:
|
 |
Bidder Lowers Offer for Landry?s Restaurants
Landry?s chief executive cut his offer to buy out the company by more than 10 percent, citing tightening credit market conditions...
New York Times - April 4, 2008
UBS Chairman Rejects Calls to Shift Investment Banking Unit
Amid investor pressure on UBS to consider a breakup, Marcel Ospel said that dividing the bank?s investment arm from its booming wealth management business would be a mistake...
New York Times - April 4, 2008
Judges Push to Wrap Up French Trader Inquiry
The judges leading the investigation of Jérôme Kerviel are expected to conclude their work by summer, with a trial likely to begin in early 2009, lawyers said Friday...
New York Times - April 4, 2008
Court Upholds Florida?s Suspension of Allstate
An appeals court upheld a state regulator?s order suspending Allstate from writing new insurance policies in the state. The ruling meant that the suspension would take effect immediately...
New York Times - April 4, 2008
Stocks Finished Mixed on a Quiet Day
Wall Street showed some reassuring signs of stability on Friday, closing mostly higher despite the biggest monthly decline in jobs in five years...
New York Times - April 4, 2008
your money: While Alluring, Foreign Currencies Can Be Elusive
While experts have different opinions about investing in foreign currencies, they all agree that such investments are not for the faint of heart...
New York Times - April 4, 2008
Newspaper Chain Hires Adviser as It Weighs Restructuring
The Journal Register, owner of The New Haven Register, hired Lazard Freres as an adviser as it weighs a restructuring, according to executives briefed on the matter...
New York Times - April 4, 2008
Selling Pieces of the Past, a Modern Gold Rush
As the price of gold rose sharply over the past year, thousands of Americans rushed to sell gold objects and heirlooms, some of which held deep emotional meaning...
New York Times - April 4, 2008
City Room: Apple vs. the Big Apple
Could the city's environmental green apple logo confuse New Yorkers over Apple's brand identity? Lawyers for the technology company based in Cupertino, Calif., say yes...
New York Times - April 4, 2008
Slap Shot: Your Questions for Scotty Bowman
Readers are invited to ask Scotty Bowman what's on their minds. Question time ends at 9 a.m. sharp, Monday morning, Eastern time, so don't miss out...
New York Times - April 4, 2008
Teachers Strike at 10 Catholic Schools
Nearly 200 teachers at 10 Catholic schools throughout the Archdiocese of New York went on strike Friday, saying that the archdiocese has hindered their efforts to obtain a new health insurance plan...
New York Times - April 4, 2008
Mississippi Towns Brace for Floods
Some residents of Vicksburg?s northern areas have already evacuated as rising water has made some roads impassible and others were expected to leave as the river approaches its peak...
New York Times - April 4, 2008
The Lede: On the Right, Refracted Views of King
While online esteem for Dr. Martin Luther King Jr. is nearly universal on the left, conservatives seem to have widely diverging views of his life and legacy...
New York Times - April 4, 2008
Mugabe Will Fight On, His Party Says
A decision that Zimbabwe?s president should contest a possible run-off dampened speculation that he would step down...
New York Times - April 4, 2008
After Success, Problems for Microfinancing in Mexico
A fractious debate in Mexico as microfinance become big businesss...
New York Times - April 4, 2008
Ethnic Unrest Continues in China
Fresh violence erupted in a Tibetan region, with disputed reports of at least eight people shot dead by police...
New York Times - April 4, 2008
The Caucus: Clintons Say They Earned $109 Million Since 2000
Senator Hillary Rodham Clinton and former President Bill Clinton paid $33.8 million in taxes from 2000 to 2007...
New York Times - April 4, 2008
Clintons release 2007 tax returns
Presidential hopeful Hillary Clinton and her husband earned more than $20m in 2007, their tax returns show...
BBC News - April 4, 2008
Sarkozy 'may join hostage effort'
France's president would go to Colombia's border if it would help free hostage Ingrid Betancourt, a minister says...
BBC News - April 4, 2008
Honeywell Buys Safety Products Maker
The diversified manufacturer said that it would buy Norcross Safety Products, which makes respirators, helmets, protective gloves and shoes and other gear, for about $1.2 billion...
New York Times - April 4, 2008
Ford Paid Its Chief $22.8 Million in 2007
Alan R. Mulally earned $2 million in salary and a $4 million bonus in 2007. He also received stock and options awards valued at $12.3 million. The automaker lost $2.7 billion in 2007...
New York Times - April 4, 2008
Stocks Move Higher After Jobs Number
Wall Street posted gains and Treasurys rallied Friday following a weak, but widely expected, jobs report...
New York Times - April 4, 2008
Delphi Loses a Key Backer in Restructuring Plan
Appaloosa Management said that it had terminated its planned equity investment to support efforts by Delphi to exit bankruptcy, but remained open to alternate arrangements...
New York Times - April 4, 2008
81% in Poll Say Nation Is Headed on Wrong Track
Americans are more dissatisfied with the country?s direction than at any time since the the early 1990s...
New York Times - April 4, 2008
City Room: Falling Into a Queens Time Warp
Robert Miller, a historian of Queens, on a stretch of the long-defunct Long Island Motor Parkway. (Photo: Corey Kilgannon/The New York Times) I called Robert A. Miller, a local historian in Queens, because I heard that the Long Island Motor Parkway, which once stretched from Queens out to Lake Ronkonkoma on Long Island, was about to [...]...
New York Times - April 4, 2008
TV Decoder: ?High School Musical? Casting Calls
"A lot of teenagers are going to be fighting to get into this summer school," Edward Wyatt reports. "ABC announced on Thursday that it would conduct open casting calls for participants in a new summer reality series based on Disney?s popular 'High School Musical' franchise. 'High School Musical: Summer Session' will follow a group of [...]...
New York Times - April 4, 2008
Senate Adds Katrina Tax Breaks to Housing Bill
Tax breaks for Gulf Coast residents whose homes were destroyed by Hurricane Katrina were approved for a bill meant to ease the housing crisis...
New York Times - April 4, 2008
Putin Meets With NATO Leaders
President Vladimir Putin of Russia complained on Friday that NATO was not taking Russia?s legitimate security concerns into account...
New York Times - April 4, 2008
The Lede: Credit but No Money for ?Whiter Shade?
A British appeals court says 38 years is too long to wait before claiming you co-wrote a blockbuster hit song, even if it's true...
New York Times - April 4, 2008
80,000 Jobs Cut in March; Unemployment Rate Rises
Sharp downturns in manufacturing and construction led the decline, the biggest in five years...
New York Times - April 4, 2008
Mugabe Leadership Discusses Options
It remains unclear what route Zimbabwe?s ruling party will take, but there were increasing signs that the country would move to a runoff vote...
New York Times - April 4, 2008
Memphis Marchers Honor Legacy of Dr. King
On the 40th anniversary of his assassination, the Rev. Martin Luther King Jr. was honored as a champion of peace in the city where he died...
New York Times - April 4, 2008
Man gets $2.6m for domain name
A US man sell the domain name pizza.com for $2.6m - after maintaining it for $20 a year since 1994...
BBC News - April 4, 2008
US man arrested over 'gun threat'
A 20-year-old man is arrested in Florida after allegedly making an online threat to carry out a mass shooting...
BBC News - April 4, 2008
Alitalia?s Board Seeks Options After Deal Collapses
The airline?s board met after new demands from Alitalia?s unions led Air France-KLM to abandon takeover talks and Alitalia?s chairman to resign in frustration...
New York Times - April 4, 2008
No Breakthroughs for Putin and NATO
NATO Secretary-General Jaap de Hoop Scheffer said farewell talks with Russian President Vladimir Putin were positive but yielded no major breakthroughs...
New York Times - April 4, 2008
Inside Art: A Colossal Private Sale by the Heirs of a Dealer
The heirs of the legendary dealer Ileana Sonnabend have parted with some $600 million worth of paintings and sculptures in two transactions to cover their estate taxes...
New York Times - April 4, 2008
US late payments at 16-year high
More Americans have fallen behind on consumer loans than at any time in almost 16 years, a study warns...
BBC News - April 4, 2008
iTunes 'biggest US music seller'
Apple's iTunes has overtaken Wal-Mart to become the largest music retailer in the US, a study says...
BBC News - April 4, 2008
Thousands due at King anniversary
Ceremonies are to be held in the US to mark 40 years since civil rights leader Martin Luther King's death...
BBC News - April 4, 2008
Motorola Will Take a $104 Million Charge
The cellphone maker Motorola said that it was cutting jobs and paying severance payments to around 2,600 workers, resulting in a net pre-tax charge of around $104 million...
New York Times - April 4, 2008
The Regulatory Failure Behind the Bear Stearns Debacle
Bear Stearns never ran short of capital. It just could not meet its obligations. At least that is the view from Washington...
New York Times - April 4, 2008
At Hearing, Pointed Questions About What Led to a Bailout
Senate hearings got underway on Thursday over the role of the government in Bear Stearns?s collapse...
New York Times - April 4, 2008
Chief Is Selected at TIAA-CREF
The pension fund giant said Thursday that it had named Roger W. Ferguson Jr. as its chief executive and president...
New York Times - April 4, 2008
Cafe Capitalism, San Francisco Style
At Ritual Coffee Roasters, a cafe in San Francisco?s Mission District, the aesthetic is early socialist but the clientele are latter-day capitalist...
New York Times - April 4, 2008
Robert Brown, Chief of Editor & Publisher, Dies at 95
Robert U. Brown spent four decades heading a leading newspaper industry trade publication, Editor & Publisher...
New York Times - April 4, 2008
Starbucks Sued in New York Over Tip Issue
A former Starbucks barista accuses the company of cheating thousands of baristas in New York State by giving a share of their tips to shift supervisors...
New York Times - April 4, 2008
Paulson Urges China to Move on Market Overhaul
Treasury Secretary Henry M. Paulson Jr. ended a two-day visit by calling for China to move ahead on financial market changes, despite concerns about the downturn in the United States...
New York Times - April 4, 2008
An Auction That Google Was Content to Lose
A week into a federal auction for wireless licenses, Google found itself at risk of being the winning bidder for the coveted spectrum...
New York Times - April 4, 2008
Russia Plans No Charges Against Investor
Russia?s Interior Ministry said that it had brought no tax evasion charges against William F. Browder, the head of the investment fund, Hermitage Capital Management...
New York Times - April 4, 2008
Stocks & Bonds: Markets Edge Up on Hints of Confidence
Stocks managed a modest gain on Thursday, as Wall Street moved cautiously before Friday?s jobs report, hopeful that the global financial system is on the mend...
New York Times - April 4, 2008
Advertising: Show and Tell Moves Into Living Rooms
Ford?s marketing campaign is recruiting Ford owners to invite friends, relatives, neighbors and co-workers into their homes this weekend and talk up their cars...
New York Times - April 4, 2008
More Consumers Are Behind on Their Loans
As credit problems concentrated in mortgages spread, more Americans have fallen behind on consumer loans than at any time in nearly 16 years, according to the American Bankers Association...
New York Times - April 4, 2008
Three Record Companies Team Up With MySpace for Music Web Site
Three of the music industry?s four major companies have struck a deal with the social networking site MySpace to start a music Web site...
New York Times - April 4, 2008
Mobile Phone Industry Takes Aim at the iPhone
Touch screens, the mobile Internet and devices packed with multimedia capabilities dominated the discussion this week at CTIA Wireless 2008...
New York Times - April 4, 2008
China Building Stake in French Oil Company
A Chinese public fund has been gradually building a stake in the French oil major Total since before the end of 2007, the company confirmed Thursday...
New York Times - April 4, 2008
German Bank Sets Bigger Write-Down
The write-down announced by BayernLB is double its previous estimate, more evidence that the contagion from the tight credit market continues to spread to state-owned banks...
New York Times - April 4, 2008
Inspectors Say F.A.A. Ignored Violations
The F.A.A. may know considerably less about the state of airline safety than it claims, a parade of witnesses and lawmakers said at a Congressional hearing on Thursday...
New York Times - April 4, 2008
New HarperCollins Unit to Try to Cut Writer Advances
The new unit will also try to eliminate the costly practice of allowing booksellers to return unsold copies...
New York Times - April 4, 2008
ATA Airlines Seeks Bankruptcy and Stops Flying
ATA Airlines shut operations and stranded thousands of travelers Thursday when an unexpected loss of charter flights and fuel costs forced the carrier into bankruptcy...
New York Times - April 4, 2008
Jobless Filings at Highest Level Since Late 2005
The number of people signing up for unemployment benefits shot up last week to the highest level in more than two years...
New York Times - April 4, 2008
Europe to Approve Guidelines on Bank Failures
Europe?s finance ministers are expected to agree to guidelines for handling cross-border banking failures that will favor private-sector rescues where possible...
New York Times - April 4, 2008
Senate Rejects a Proposal to Allow Bankruptcy Judges to Alter Home Mortgages
The Senate on Thursday rejected a proposal to let bankruptcy judges modify mortgages on primary residences to help financially distressed homeowners...
New York Times - April 4, 2008
Appeals Court Panel Throws Out Class Action Over Light Cigarettes
In a victory for the tobacco industry, a federal appeals court threw out on Thursday an $800 billion class-action lawsuit on behalf of smokers who said they had been misled that light cigarettes were safer than regular ones...
New York Times - April 4, 2008
Testimony Offers Details of Bear Stearns Deal
Federal officials and senior Wall Street executives offered their first public account on Thursday of the harrowing four days of negotiations...
New York Times - April 4, 2008
Phony Allocations by City Council Reported
Since 2001, about $17.4 million has been budgeted for dozens of fake community groups, according to documents provided by Council Speaker Christine C. Quinn?s office...
New York Times - April 4, 2008
School?s New Rule for Pupils in Trouble: No Fun
One school district essentially grounds middle school students whose grade in any class falls below 65, or who show what they describe as a lack of effort...
New York Times - April 4, 2008
Tornado Sweeps Through Little Rock, Ark.
A tornado hit parts of Little Rock and its suburbs Thursday, damaging businesses and downing trees and power lines...
New York Times - April 4, 2008
St. Helena Island Journal: Through Trying Times for Blacks, a Place of Peace
A cabin set in a peaceful scene in South Carolina was intended to be a retreat for the Rev. Dr. Martin Luther King Jr...
New York Times - April 4, 2008
NATO Endorses Europe Missile Shield
NATO countries, however, rebuffed President Bush?s entreaties to extend membership to the former Soviet republics of Ukraine and Georgia...
New York Times - April 4, 2008
Former Leader in Kosovo Acquitted of War Crimes
Ramush Haradinaj, the former prime minister of Kosovo, was acquitted of all charges of war crimes and crimes against humanity...
New York Times - April 4, 2008
More Than 1,000 in Iraq?s Forces Quit Basra Fight
The desertions in the heat of a major battle cast fresh doubt on the effectiveness of the American-trained Iraqi security forces...
New York Times - April 4, 2008
Rising Leader for Next Phase of Al Qaeda?s War
The growing prominence of Abu Yahya al-Libi tracks Al Qaeda?s emphasis on information in its war with the West...
New York Times - April 4, 2008
The Caucus: Clinton Jokes on ?The Tonight Show?
?I was worried I wasn?t going to make it,? Hillary Rodham Clinton said as she walked onto the set of "The Tonight Show" (to the theme from ?Rocky?). ?I was pinned down by sniper fire at the Burbank airport.?...
New York Times - April 4, 2008
New Signs of Mugabe Crackdown in Zimbabwe
Police officers loyal to Robert G. Mugabe raided opposition offices, and arrested two foreign journalists in their hotel...
New York Times - April 4, 2008
Investors Stalk the Wounded of Wall Street
Market opportunists are buying up the mortgages of hard-pressed homeowners and companies that seem to be hurtling toward bankruptcy...
New York Times - April 4, 2008
81% in Poll Say Nation Is Headed on the Wrong Track
Americans are more dissatisfied with the country?s direction than at any time since the New York Times/CBS News poll began asking about the subject in the early 1990s...
New York Times - April 4, 2008
Venezuela cement is nationalised
President Hugo Chavez says the country's cement industry will be nationalised with immediate effect...
BBC News - April 4, 2008
|
|
|
| |
|
|
|
 |
| Keep up with Steve, join our G-Mail List to receive Gill Show updates and Steve's weekly column... |
|
|
|
 |
|
| |
|
|
|
|
|
