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US News Archive for August 2005:
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President Makes It Clear: Phrase Is 'War on Terror'
President Bush publicly overruled some of his top advisers on Wednesday in a debate about what to call the conflict with Islamic extremists...
New York Times - August 4, 2005
Cultural Differences Complicate a Georgia Drug Sting Operation
Forty-four Indian immigrants who work as convenience store clerks and owners in Georgia were charged with selling materials used to make methamphetamine...
New York Times - August 4, 2005
For London's Police Chief, Plaudits, and Barbs, in Bombings' Wake
LONDON, Aug. 3 - Shortly before bombers struck London on July 7, Sir Ian Blair, the city's police chief, gave a radio interview commending the force he had commanded for just five months as the...
New York Times - August 4, 2005
'04 Report Faulted Application of Shuttle Foam
An internal NASA report last December warned of deficiencies in the way insulating foam was being applied to sections of the Discovery's fuel tank...
New York Times - August 4, 2005
Testimony at Vioxx Trial Turns Emotional
ANGLETON, Tex, Aug. 3 - The Vioxx trial took an emotional turn Wednesday when Shawna Sherrill, the daughter of Carol Ernst, told the jury that Ms. Ernst had been distraught since the death of her husband, Robert, four years ago...
New York Times - August 4, 2005
Trade Missions That Do More Than Just Visit the Great Wall
While many dismiss government trade missions as excuses to visit tourist sites, without them many small businesses might never have expanded into international markets...
New York Times - August 4, 2005
Two Brands Running as a Team to Overtake Nike
FRANKFURT, Aug. 3 - When Herbert Hainer sat down for a drink with Paul B. Fireman during the Athens Olympic Games last summer, the conversation drifted, as it often does with people in the athletic-shoe trade, to the vast American market, which is dominated by Nike...
New York Times - August 4, 2005
CVS Profit Rose 18% on Strong Sales Growth
...
New York Times - August 4, 2005
Eli Lilly Subpoenaed for Schizophrenia Drug Sales
...
New York Times - August 4, 2005
Cigna Posts Better-Than-Expected Results
...
New York Times - August 4, 2005
Duke's Earnings Fall on Reduced Demand for Electricity
The Duke Energy Corporation said Wednesday that its second-quarter earnings fell 28 percent, with cooler weather reducing demand for electricity...
New York Times - August 4, 2005
Toyota Records Unexpected Drop in Quarterly Profit
A strong yen, high steel prices and investment in hybrid engine technology forced Toyota's profits down for the second consective quarter...
New York Times - August 4, 2005
Mexicans at Home Abroad
As Mexican immigrants in the U.S. age, the choices they make regarding where to retire could fray the social fabric on both sides of the border...
New York Times - August 4, 2005
G.M. to Sell Majority Stake in One of Its Mortgage Units
General Motors said yesterday that it would sell a majority stake in its commercial mortgage business, part of a continuing effort to shield G.M.'s financial division after downgrades of the company's debt to junk bond ratings...
New York Times - August 4, 2005
Liberty Media's Chief Executive to Step Down
Robert R. Bennett, who has served as Liberty Media's chief executive and president for eight years, plans to resign...
New York Times - August 4, 2005
Charge Hurts Credit Suisse Profit
Profit tumbled 37 percent at the Credit Suisse Group as the bank set aside funds to cover any possible payouts related to Enron litigation and other cases...
New York Times - August 4, 2005
U.S. Weighs Prosecutions in Tax Shelter Investigation
Federal prosecutors in Manhattan have referred potential cases against several former partners at KPMG and other individuals in connection with the sale of abusive tax shelters to the tax division of the Justice Department, people briefed on the cases said yesterday. Approval of the tax division is necessary before a criminal indictment can be sought...
New York Times - August 4, 2005
3 Plead Guilty to Rigging Insurance Bids
By Bloomberg News...
New York Times - August 4, 2005
2 Huge Publishing Chains Swap Newspapers
Knight Ridder is selling The Detroit Free Press to Gannett. In turn, Gannett, which owns The Detroit News, is selling that paper to the MediaNews Group...
New York Times - August 4, 2005
Regulators Back Sprint's Deal to Buy Nextel for $35 Billion
Federal regulators signed off on Sprint's acquisition of Nextel, paving the way for an expansion of the nation's third-largest mobile phone company...
New York Times - August 4, 2005
Yahoo Introduces Search Service for Music
Yahoo has introduced a test version of a new search service that it claims can comb through 50 million music, voice and other audio files...
New York Times - August 4, 2005
Toyota Develops Hybrids With an Eye on the Future
Toyota expects that a quarter of its sales in the United States will use hybrid electric technology by early in the next decade...
New York Times - August 4, 2005
Murdoch's Son Could Receive $8 Million
The News Corporation said Wednesday that Lachlan Murdoch will receive a cash separation payment that could exceed $8 million...
New York Times - August 4, 2005
Martha Stewart's House Arrest Is Extended
Martha Stewart will spend three extra weeks under house arrest after violating terms of her home confinement by going to a yoga class and motoring around her estate in an off-road vehicle...
New York Times - August 4, 2005
Shares Are Mixed, as Is the Underlying Economic News
By Bloomberg News...
New York Times - August 4, 2005
Service Sector Slowdown
By The Associated Press...
New York Times - August 4, 2005
Electronic Data Systems Profit Falls 90%
The Electronic Data Systems Corporation said that its profit fell sharply in the second quarter, but issued an upbeat forecast for the rest of the year...
New York Times - August 4, 2005
Big Board Seat Sells for a Record $3 Million
A seat on the New York Stock Exchange has sold for a record $3 million, the exchange said yesterday, up from the previous record sale of $2.65 million in August 1999, when the stock market was booming...
New York Times - August 4, 2005
Napster's Net Loss Widens
Napster posted a wider quarterly loss but beat Wall Street estimates through improved gross margins and subscriber growth...
New York Times - August 4, 2005
There's a Hidden Price for Being a Cheat
Some corporate misconduct stems from greed and raw ambition, but many cheaters are just trying to avoid falling behind their rivals...
New York Times - August 4, 2005
Adidas's Reebok Purchase Sets a Challenge for Nike
Adidas's takeover of Reebok sent executives scurrying to assess the effects of the deal on the battle among the peddlers of athletic footwear...
New York Times - August 4, 2005
Ex-Executive at Cendant Is Sentenced to 10 Years
The former vice chairman of the Cendant Corporation was sentenced for his role in what was once called the largest accounting fraud in American history...
New York Times - August 4, 2005
AirTran Takes On Northwest in Detroit
AirTran Airways, a low-fare carrier, will announce plans today to start service from Detroit this fall, challenging troubled Northwest Airlines at one of its crucial hubs...
New York Times - August 4, 2005
China Issues New Restrictions Aimed at Protecting Its Culture
Proposed regulations include keeping additional foreign satellite broadcasters from entering the market and strengthening restrictions on foreign television programs...
New York Times - August 4, 2005
Cellphones? Over There, Right Next to the Nachos
7-Eleven and other companies have started their own mobile phone services, reflecting the ease of repackaging cellphone service...
New York Times - August 4, 2005
Time Warner Offers $3 Billion to End AOL Hangover
Time Warner agreed to settle lawsuits from shareholders and employees who were stung by its ill-starred combination with America Online in 2001...
New York Times - August 4, 2005
Benchmark Long Bond Returning
The Treasury's 30-year bond is back, giving the government another tool to deal with the financing of future budget deficits...
New York Times - August 4, 2005
Love letter to America
Harold Evans is a journalistic legend in the UK. But after 20 years near the heart of US culture, how does he feel picking up Alistair Cooke's baton?...
BBC News - August 4, 2005
A common language
In his new weekly opinion column, Harold Evans wonders if the UK and US will find shared ground in their responses to terrorism...
BBC News - August 4, 2005
Rewriting the rules of publishing
A Canadian entrepreneur is in the UK as part of plans to set up a European version of a website which allows budding authors to publish online...
BBC News - August 4, 2005
Brazil's youth in poverty escape
About half of the young people from the Brazilian home town Jean Charles de Menezes move abroad in the hope of securing a better future...
BBC News - August 4, 2005
Vegas heading for 'dry future'
Las Vegas flaunts its reputation for excess - a lush green oasis of refrigerated plenty - set in a blazing desert, but environmentalist fear its water supplies could run dry...
BBC News - August 4, 2005
Japan boost after Napster losses
Online music service Napster suffers heavy first-quarter losses, but is confident of an improving 2005 as it signs a deal with Tower Japan...
BBC News - August 4, 2005
Time Warner loss after legal deal
The cost of settling a $2.4bn(£1.35bn) lawsuit has seen the world's biggest media company, Time Warner, post a quarterly loss...
BBC News - August 4, 2005
US journalist shot dead in Iraq
A US freelance reporter is shot dead by gunmen after being kidnapped in Basra, southern Iraq, police say...
BBC News - August 4, 2005
Bush signs Latin free trade pact
US President George W Bush signs into law a controversial free-trade pact with Central American nations...
BBC News - August 4, 2005
Baseball star banned for steroids
A US baseball star who told Congress he had never taken steroids is banned for 10 days after a positive drug test...
BBC News - August 4, 2005
Relief after 'miracle' air escape
Officials speak of a "miracle" after more than 300 passengers and crew survive a major air crash in Toronto...
BBC News - August 4, 2005
GM and Ford slash vehicle prices
US carmakers GM and Ford announce plans to cut prices on a number of vehicles a week after Asian rival Toyota raises its 2006 prices...
BBC News - August 4, 2005
Adidas to buy rival Reebok
German sports goods firm Adidas-Salomon makes an agreed bid for US rival Reebok worth 3.1bn euros...
BBC News - August 4, 2005
F1: Massa 'will weaken Ferrari'
Replacing Rubens Barrichello with Felipe Massa is a backward step for Ferrari, says ex-Formula One driver John Watson...
BBC News - August 4, 2005
Baseball: Bonds return 'possible'
The doctor of San Francisco slugger Barry Bonds has not ruled out him returning this season...
BBC News - August 4, 2005
Zambia to deport terror suspect
A Briton is to be deported home from Zambia after being held in connection with a US terror camp plot...
BBC News - August 4, 2005
Bush rejects early Iraq pullout
President Bush says US troops will complete their mission in Iraq - despite an attack that killed 14 marines...
BBC News - August 4, 2005
Stone-throwing girl escapes trial
An 11-year-old Californian girl is spared a felony trial for throwing a stone at boys pelting her with water balloons...
BBC News - August 4, 2005
Colombia rejects Farc demands
Demands by Farc rebels for troops to leave two areas before hostage talks can start are rejected by the government...
BBC News - August 4, 2005
Argentine bombing judge sacked
An Argentine judge is sacked for his failures in investigating the 1994 bombing of a Jewish centre...
BBC News - August 4, 2005
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