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US News Archive for August 2006:
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Israel's bombs cut off Beirut
After bombing the last land routes into Beirut, and effectively cutting off the Lebanese capital from relief supplies, Israel issued a statement saying the attacks were designed to thwart Syrian attempts to arm Hezbollah...
CNN - August 4, 2006
Two men arrested in Phoenix serial killings
Police arrested two men Friday they said were responsible for deadly shootings that have terrorized Phoenix, Arizona, for more than a year...
CNN - August 4, 2006
A split on Bush's handling of the Mideast crisis
Respondents to a CNN poll released Friday were nearly evenly split on President Bush's handling of the current conflict in the Middle East...
CNN - August 4, 2006
10 Dead From Heat Wave in New York
The deaths were reported by the chief medical examiner’s office. As temperatures eased, Con Ed worked on repairs...
New York Times - August 4, 2006
‘Orange’ Foe Becomes Ukraine’s Prime Minister
Viktor F. Yanukovich, the new prime minister, was defeated in 2004 by the current president, Viktor A. Yushchenko...
New York Times - August 4, 2006
2 Men Are Arrested in Serial Shootings in Arizona
A yearlong series of shootings killed six people, wounded 18 more and terrified Phoenix...
New York Times - August 4, 2006
Protesters in Baghdad Denounce U.S. and Israel
Tens of thousands of followers of the Shiite cleric Moktada al-Sadr rallied in support of Hezbollah today...
New York Times - August 4, 2006
Report Shows Slow Job Growth in July
Unemployment reached 4.8 percent after four straight months of lackluster employment growth...
New York Times - August 4, 2006
US slaps 'WMD' sanctions on firms
The US imposes sanctions on arms firms from Russia, North Korea, India and Cuba for allegedly trading with Iran...
BBC News - August 4, 2006
Castro 'recovering from surgery'
Cuba's leadership says Fidel Castro is recovering from surgery and his brother is firmly in charge as acting president...
BBC News - August 4, 2006
US troops face 'war crimes' claim
Prosecutors urging a court martial for four US soldiers accused of murder in Iraq say they are "war criminals"...
BBC News - August 4, 2006
Argentine jailed over 'Dirty War'
An Argentine ex-policeman is jailed for the disappearance of a couple and their baby during the country's "Dirty War"...
BBC News - August 4, 2006
Beirut bridges, roads bombed
Israeli aircraft blasted main roadways north of Beirut for the first time in the three-week conflict on Friday, knocking out four key bridges and severing overland relief supply lines...
CNN - August 4, 2006
Two arrested in serial killings
Authorities arrested two men Friday in an investigation into a series of fatal shootings that have terrorized Phoenix area residents, according to a law enforcement official...
CNN - August 4, 2006
Senate halts minimum-wage bill
Tip money earned by waitresses in Las Vegas, manicurists in Hollywood and bartenders in Seattle is on the table in the nation's capital as lawmakers scrap over an election-year minimum wage bill...
CNN - August 4, 2006
Israel smashes bridges, roads into Beirut
Israeli aircraft blasted main roadways north of Beirut for the first time in the three-week conflict on Friday, knocking out four key bridges...
CNN - August 4, 2006
Officials Say Kerik Faces a Second Investigation
The former Police Commissioner is under federal investigation for financial improprieties unrelated to the crimes he pleaded guilty to last month, according to officials...
New York Times - August 4, 2006
Con Ed Repairs Lines as Heat Subsides
The heat wave of the past three days was replaced by more normal summer temperatures...
New York Times - August 4, 2006
100,000 March Against U.S. and Israel in Baghdad
The protesters filled 20 blocks of a wide boulevard and dozens of side streets in the Shiite-dominated Sadr City...
New York Times - August 4, 2006
Fuel-Efficient Cars Help Toyota to Strong Profits
Toyota passed Ford Motor Company in July sales to rank as the second-biggest automaker behind General Motors...
New York Times - August 4, 2006
Slow Job Growth in July Suggests Rates Won’t Rise
Today’s report apparently gave investors the assurance many of them have been seeking on the Fed’s next move...
New York Times - August 4, 2006
9/11 film premieres in New York
Oliver Stone's controversial film World Trade Center is given its world premiere in New York...
BBC News - August 4, 2006
Car bomb kills five in Colombia
A car bomb explodes outside a police station in the Colombian city of Cali, killing at least five people...
BBC News - August 4, 2006
Beirut suburbs, bridges hit
Israel launched a second straight day of airstrikes on the Lebanese capital Beirut on Friday, targeting an area known as a stronghold of Hezbollah militants but also taking out bridges north of the city...
CNN - August 4, 2006
Bombs again pound Beirut
Israel launched a second straight day of airstrikes on the southern suburbs of the Lebanese capital today, targeting an area known as a stronghold of Hezbollah militants. Bridges north of the city also were taken out...
CNN - August 4, 2006
Relief from heat on way?
A searing heat wave that has tormented the East and Midwest for nearly a week may finally be showing sings of breaking, forecasters say...
CNN - August 4, 2006
Senior Police Officer Killed by Bomb
...
New York Times - August 4, 2006
Demand for Oil-Lease Records
The Interior Department may have withheld information from a Congressional committee investigating Gulf of Mexico oil and gas leases, the committee’s chairman said yesterday...
New York Times - August 4, 2006
Lenovo Group Posts 89% Drop in Profit
The world’s No. 3 personal computer maker blamed rising competition and costs from cutting jobs at the PC unit it bought from I.B.M...
New York Times - August 4, 2006
Nuclear Power Venture Orders Crucial Parts for Reactor
The order, which an executive said was worth “tens of millions of dollars,” was apparently the first for a plant since the 1970’s...
New York Times - August 4, 2006
Opposing Experts Square Off Over Grasso’s Pay
A jury will begin hearing testimony in the lawsuit filed against Richard A. Grasso by Eliot Spitzer, the New York attorney general...
New York Times - August 4, 2006
Motorola warns of Lebanon impact
US phone giant Motorola warns that ongoing hostilities between Israel and Hezbollah could disrupt its business...
BBC News - August 4, 2006
Apple warns on revising results
Apple Computer warns it will probably have to revise its results after a probe into stock option irregularities...
BBC News - August 4, 2006
Gatlin coach gets US Olympic ban
Justin Gatlin's controversial coach Trevor Graham has been banned from using US Olympic Committee training centres and facilities...
BBC News - August 4, 2006
Motorsport: Da Matta badly hurt
Brazilian Champ Car driver Cristiano da Matta is in intensive care after a collision with a deer during testing...
BBC News - August 4, 2006
Move to avoid Chile mine strike
Workers at the world's largest privately-owned copper mine tell managers to raise their pay offer and avoid a strike...
BBC News - August 4, 2006
Senate blocks minimum wage rise
US Democratic Senators vote against moves to raise the minimum wage in order to block an inheritance tax cut...
BBC News - August 4, 2006
Saab stops arms sales to Venezuela
Sweden's top defence company, Saab, halts arms sales to Venezuela to comply with a US embargo...
BBC News - August 4, 2006
Prison Disciplines Inmate Who Paints With M&M’s
An official called the sale of Donny Johnson’s art, which is made with candy dye, “unauthorized business dealings.”...
New York Times - August 4, 2006
Albany Strategy Lets Rich Evade Donation Limits
Donors have skirted contribution limits by using limited liability corporations to give more than the state allows...
New York Times - August 4, 2006
A Planet? Maybe It’s a Star
A giant planet around a tiny star may itself be more like a star, further muddling astronomers’ definition of a planet...
New York Times - August 4, 2006
U.S.O.C. Bars Gatlin’s Coach From Facilities
The U.S. Olympic Committee announced that it would permanently bar Trevor Graham from using any of its training facilities...
New York Times - August 4, 2006
Elisabeth Schwarzkopf, Opera Singer, Dies at 90
The German-born soprano was best known for her interpretations of Strauss and Mozart roles...
New York Times - August 4, 2006
New Wealth, and Worries, for the Salvation Army
Soul-searching about the charity’s purpose has followed a $1.5 billion gift to build glittering community centers...
New York Times - August 4, 2006
The Latino South: In Georgia, Immigrants Unsettle Old Sense of Place
Hispanics have transformed small towns in places like Atkinson County, eclipsing blacks as the largest minority...
New York Times - August 4, 2006
CBS Profit Rises but Revenue Falls
The CBS Corporation posted higher earnings for its second quarter yesterday, but revenue declined on weakness in its radio operations...
New York Times - August 4, 2006
From Miami, News Agency Fields Reports From Cuba
A network of 21 island-based independent journalists gives the wider world an alternative to Cuba’s state-run news media, but it has learned little on Fidel Castro’s health...
New York Times - August 4, 2006
People
Andrew Bednar, formerly head of United States mergers and acquisitions at Banc of America Securities, is joining Perella Weinberg Partners...
New York Times - August 4, 2006
Revlon Quarterly Loss Widens
Revlon Quarterly Loss Widens...
New York Times - August 4, 2006
A Profit, but Nortel Feels a Squeeze
A Profit, but Nortel Feels a Squeeze...
New York Times - August 4, 2006
Medtronic Shares Fall on Warning
Medtronic Shares Fall on Warning...
New York Times - August 4, 2006
Third-quarter loss narrowed for Warner Music Group
Warner Music Group said yesterday that its fiscal third-quarter loss narrowed thanks to higher revenue and shrinking costs...
New York Times - August 4, 2006
Tyco Is Selling a Unit After Its Profit Drops
Tyco International, the manufacturing and services conglomerate, said that its third-quarter profit dropped 27 percent...
New York Times - August 4, 2006
Royal Philips Sells Unit for $4.4 Billion
Three private equity firms agreed Thursday to buy the semiconductor unit of Royal Philips Electronics...
New York Times - August 4, 2006
‘Madagascar’ Leads Studio to Profit
DreamWorks Animation SKG swung to a profit in the second quarter on strong revenue from its recent hit “Madagascar.”...
New York Times - August 4, 2006
Profit Stays Level at Marsh & McLennan
The insurance broker said that its profit was flat in the second quarter on weakness in European sales and human resources consulting...
New York Times - August 4, 2006
Cuba Perks Up as Venezuelan Foils Embargo
Cuba’s economy is strong because Venezuela has been using its oil reserves to prop up the Castro government...
New York Times - August 4, 2006
The Weather Was Infernal; The Consumer Was Shopping
By The Associated Press...
New York Times - August 4, 2006
Strong Consumer Spending Drives Trading
By The Associated Press...
New York Times - August 4, 2006
Unilever’s Profit Falls Short of Expectations
The conglomerate, whose brands include Knorr soup, Lipton tea and Dove soap, said sales growth slowed and ingredient prices increased...
New York Times - August 4, 2006
In Hawkish Tones, Europeans Again Lift Rates
The board of the European Central Bank raised interest rates by a quarter-point and warned of further increases ahead...
New York Times - August 4, 2006
AOL to Cut 5,000 Jobs in Web Access Business
AOL will eliminate more than one-quarter of its work force as it shifts to free services supported by advertising...
New York Times - August 4, 2006
I.B.M. to Buy Maker of Software That Monitors Equipment
I.B.M. plans to buy MRO Software for $740 million, underlining the increasing importance of software to the company’s big services business...
New York Times - August 4, 2006
Insider: Hedge Funds Are Back (Were They Ever Gone?)
Another star of finance is doing what all good stars do these days: start a really, really big hedge fund...
New York Times - August 4, 2006
Wage Bill Dies; Senate Backs Pension Shift
Senate Democrats blocked legislation tying the first increase in almost a decade to a decrease in the estate tax...
New York Times - August 4, 2006
Advertising: Leave It to the Professionals? Hey, Let Consumers Make Their Own Ads
The Web has created a new breed of amateur creators of advertising, and the ad industry is starting to embrace them...
New York Times - August 4, 2006
[TS] Floyd Norris: Textbook Way to Avoid Taxes, or Just Wrong
If the government looks the other way, any executive could secretly benefit from trades in his company’s stock...
New York Times - August 4, 2006
SL Green Acquires Reckson Associates for $4 Billion
The owner of such prominent Manhattan office towers as the Graybar building and 100 Park Avenue said it would buy its rival...
New York Times - August 4, 2006
Apple and 3 Automakers Plan Alliances on iPod Use
The iPod will be compatible with more than 70 percent of the new 2007 model vehicles sold in the United States, Apple said...
New York Times - August 4, 2006
Ford Is Expanding Recall to Fix Faulty Cruise Control
Ford agreed to install protective wire harnesses in an additional 1.2 million vehicles that were vulnerable to fires...
New York Times - August 4, 2006
Insurer Settles Charges Over Its Sales to Soldiers
The American Amicable Life Insurance Company was accused of deceiving thousands of U.S. service members...
New York Times - August 4, 2006
Disappointing Earnings Send Sprint Share Price Tumbling
Sprint Nextel reported disappointing second-quarter earnings today, including slower growth than expected in its subscriber base...
New York Times - August 4, 2006
A Trader’s Train to Wall Street, Conn.
Thousands of young financial workers ride the rails from Midtown to Connecticut every weekday morning...
New York Times - August 4, 2006
Charges Expected on Options
New York-based Comverse Technology is being investigated by federal authorities over stock options it granted employees...
New York Times - August 4, 2006
Small Clause, Big Problem
The small “anti-concurrent causation’’ clause in home insurance policies is a big issue in Hurricane Katrina claims...
New York Times - August 4, 2006
Legal Stance May Pay Off for Merck
Both sides agree that Merck’s victories in Vioxx litigation, and its strategy of trying every case, are discouraging plaintiffs...
New York Times - August 4, 2006
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