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US News Archive for August 2007:
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Republicans: Pelosi stalling on spy bill
An angry group of Republican House members accused House Speaker Nancy Pelosi on Saturday of delaying a vote on President Bush's legislative priority -- a measure amending the Foreign Intelligence Surveillance Act. full story...
CNN - August 4, 2007
Young Athletes Try New Coach: The Psychologist
The idea that mental coaching can help young athletes has pervaded the country?s zealous youth sports culture...
New York Times - August 4, 2007
Caution Urged on New Jersey Water
After lightning disrupted power service to a water treatment plant, the authorities urged about 800,000 people to boil and conserve water...
New York Times - August 4, 2007
Rodriguez?s Wait for 500 Ends in a Hurry
Alex Rodriguez blasted the first pitch he saw over the wall, becoming the youngest player to reach 500 home runs...
New York Times - August 4, 2007
Bush Visits Site of Bridge Collapse in Minneapolis
As divers continued to search for bodies, the president promised today to make it a priority to rebuild the span...
New York Times - August 4, 2007
Drawing Fire, Judith Giuliani Gives Her Side
?It?s a learning curve for me,? Mrs. Giuliani said of her inexperience as a political wife after a rocky rollout to the public...
New York Times - August 4, 2007
With New Rules, Congress Boasts of Pet Projects
A new transparency about ?earmarking? money for pet projects has raised the value of the earmarks as a measure of members? clout...
New York Times - August 4, 2007
Democrats Feel Pressure on Spy Program
House Democrats today grudgingly prepared to clear the way for approving changes in a terrorist surveillance program despite serious reservations...
New York Times - August 4, 2007
Zero Down: The Loan Comes Due
Only two months ago, it seemed as if almost any company could borrow money at low interest rates. Now loans seem to be drying up everywhere...
New York Times - August 4, 2007
[TS] Fair Game: Mortgage Mania Didn?t Grip Everyone
Michael A. J. Farrell, chief executive of Annaly Capital Management, is an excellent person to consult on what is likely to happen next...
New York Times - August 4, 2007
Economic View: In a Maze of Indexes, Finding Prices to Live By
Measuring inflation is critically important, but no one gauge provides a categorically accurate result...
New York Times - August 4, 2007
The Goods: If the Shoe Fits, Write on It
Tagging is the inspiration behind a new line of children?s footwear, called Graffeeti...
New York Times - August 4, 2007
Suits: Vitamin for the Heart or a Fruity Cabernet?
A pill that promises all the health benefits of red wine without the hangover comes with a bottle of the good stuff...
New York Times - August 4, 2007
The Count: After a Lull, Signs of a Bump in Bankruptcies
Consumer bankruptcies in July rose 34 percent over a year ago ? a sign that the pendulum is swinging back again...
New York Times - August 4, 2007
Home Front: Training Local Workers Instead of Outsourcing
Paul Storch is investing in an on-site training program for area workers to learn the skills needed to keep his custom refrigerator business local...
New York Times - August 4, 2007
Fundamentally: When It Comes to Rebalancing, a Little Means a Lot
Should portfolios be rejiggered in light of rising market volatility?...
New York Times - August 4, 2007
Off The Shelf: Opening the On-Ramp for Women
In ?Off-Ramps and On-Ramps,? Sylvia Ann Hewlett shows why corporations, for the sake of their own bottom lines, should do more to accommodate women at the higher ranks...
New York Times - August 4, 2007
Market Week: The Search for Nuance From the Fed
When policy makers meet on Tuesday, traders will be looking for fresh clues to the central bank?s views on the economy and the direction of rates...
New York Times - August 4, 2007
Investing: The Return of the Multitaskers (a k a Conglomerates)
Among the flood of companies reporting second-quarter earnings, there is a largely unheralded trend: the conglomerates are back...
New York Times - August 4, 2007
Re:Framing: Testing Testers, Finding Flaws
Researchers have proved adept at exposing gaps in logic that can result from expert biases and mistakes...
New York Times - August 4, 2007
Scene Stealer: In Hollywood, a Sacred Cow Lands on the Contract Table
Studios want to junk the residual payment structure for writers...
New York Times - August 4, 2007
Giving: The Hospital Worked Wonders. Can You Return the Favor?
Grateful patients are donating to hospitals or health-related causes...
New York Times - August 4, 2007
The Katrina Effect, Measured in Gigs
Fewer tourists in New Orleans means less money for musicians...
New York Times - August 4, 2007
Dealbook: They?re All No. 1, but Are They Worth It?
Having Goldman Sachs or Morgan Stanley in your corner may not always be the best choice...
New York Times - August 4, 2007
Novelties: Think Your Dog Is Smart? Its Collar May Be Even Smarter
Collars with Global Positioning System units, motion sensors or other additions help owners keep track of their pets the high-tech way...
New York Times - August 4, 2007
In Silicon Valley, Millionaires Who Don?t Feel Rich
Many members of the digital elite do not see themselves as particularly fortunate, in part because others have more...
New York Times - August 4, 2007
Monsoon floods displace 19 million
Monsoon rains have killed hundreds of people in South Asia, with millions more forced from their homes, officials say. India and Bangladesh have taken the brunt of the flooding, with entire villages washed away.
full story...
CNN - August 4, 2007
President urges House to pass eavesdropping bill
President Bush appealed to the Democratic-controlled House for swift passage Saturday of legislation that would expand the government's powers to eavesdrop on suspected foreign terrorists. full story...
CNN - August 4, 2007
California Restricts Voting Machines
California?s top election official decertified three voting systems but said she would let counties use the machines in February?s presidential primary if extra security precautions were taken...
New York Times - August 4, 2007
Abbas and Olmert May Meet in Jericho
Palestinian officials said that President Mahmoud Abbas and the prime minister of Israel, Ehud Olmert, will meet in the West Bank city...
New York Times - August 4, 2007
Britain Rushes to Contain Cow Disease
The British authorities moved to try to contain any spread of the disease, which devastated the British livestock industry in 2001...
New York Times - August 4, 2007
Bush Visits Collapsed Bridge in Minneapolis
MINNEAPOLIS (AP) -- President Bush surveyed Minneapolis' collapsed highway bridge from the ground and air Saturday, viewing the concrete slabs and twisted steel that once spanned the Mississippi River. He said pledged to help cut the red tape to reconstruct the span...
New York Times - August 4, 2007
Spying Measure Advances in Congress
The Senate approved a measure last night to broaden the White House?s wiretapping authority; the House was expected to take up the measure today...
New York Times - August 4, 2007
Russia leads Arctic 'gold rush'
Russia is leading to an international "gold rush" in the high north of the Arctic, explains the BBC's Paul Reynolds...
BBC News - August 4, 2007
Jazz bassist Art Davis dies at 73
Renowned jazz musician Art Davis, who played with John Coltrane, dies aged 73...
BBC News - August 4, 2007
California Restricts Voting Machines
California?s secretary of state placed rigorous security conditions on voting equipment used in dozens of counties and limited the use of two of the most widely used machines statewide...
New York Times - August 4, 2007
NASA Launches Mission to Mars Pole
The Mars Phoenix Lander is to dig for evidence of water or other conditions that could support some form of life...
New York Times - August 4, 2007
US soldier guilty over Iraq rape
A US Army private is found guilty of rape and murder of a 14-year-old Iraqi girl and her family, in March 2006...
BBC News - August 4, 2007
'I thought I was going to sink with my car'
Alicia Babatz said she thought she was going to die as her car crashed into the concrete then plunged into the Mississippi River. Buckled in behind the wheel, she watched the water rise above her. "It's still hard for me to believe that I took that fall ... but I'm here." full story...
CNN - August 4, 2007
Senate votes to boost eavesdropping power
The Senate voted late Friday to temporarily expand the government's authority to eavesdrop on suspected foreign terrorists without court warrants. The House earlier rejected the Democrats' alternative but could take up the Senate-passed version Saturday. full story...
CNN - August 4, 2007
Court Partly Rebuffs F.B.I. on House Office Search
The methods used to search evidence from Representative William J. Jefferson?s office were ruled unconstitutional...
New York Times - August 4, 2007
7 Arrested in Death of Oakland Newspaper Editor
Police officials said they suspected the men who were arrested were part of a group operating ?a very violent criminal enterprise? out of a neighborhood bakery...
New York Times - August 4, 2007
Dramatic Fall Exposes the Risk in Extreme Sports
Skateboarder Jake Brown?s five-story fall during competition raises a question: Who decides what is an acceptable level of risk in action sports?...
New York Times - August 4, 2007
States Across the Country Race to Inspect Bridges
Officials are focusing on bridges like the steel-deck truss bridge that collapsed in Minneapolis, killing at least five...
New York Times - August 4, 2007
An Artist and His Sub Surrender in Brooklyn
Duke Riley was detained after his replica of a submarine from the Revolutionary War neared the Queen Mary 2...
New York Times - August 4, 2007
Partisan Anger Stalls Congress in Final Push
Congress stumbled toward a recess on a discordant note in the latest example of the ideological standoff that has slowed progress all year...
New York Times - August 4, 2007
[TS] About New York: Charity Work, ?American Idol?-Style
A New York-based project is one of five finalists in a contest of good causes, sponsored by American Express...
New York Times - August 4, 2007
World Briefing | Europe: Belarus: Russia Suspends Threat of Gas Cuts
Gazprom, the Russian natural gas monopoly that is controlled by the Kremlin, said it would not cut natural gas shipments to Belarus...
New York Times - August 4, 2007
Oliver Boileau, 80, Aerospace Executive, Is Dead
Mr. Boileau held leadership positions at Boeing, General Dynamics and Northrup Gruman and worked on projects ranging from the lunar rover to the B-2 stealth bomber...
New York Times - August 4, 2007
Workers Say They Feel Blindsided by Lender?s Failure
Most of the 1,400 or so people who lost their jobs at American Home Mortgage Investment Corporation said they were stunned to find themselves unemployed...
New York Times - August 4, 2007
European Company Close to Reaching Libyan Arms Deal
E.A.D.S., Europe?s largest aerospace company, said that it was close to agreement with the government of Libya on arms contracts worth $405 million...
New York Times - August 4, 2007
Limits Sought on Use of Surplus U.S. Ships
A Senate committee approved an amendment to the Coast Guard reauthorization bill that would restrict how private owners could use surplus ships obtained from the government...
New York Times - August 4, 2007
Gillette Razor Sales Bolster Profit at P.&G.
Profits in Proctor & Gamble?s fiscal fourth quarter rose 19 percent and the company announced plans on Friday to increase its stock buyback...
New York Times - August 4, 2007
Berkshire Hathaway?s Income Is Paced by Gains in Insurance
The holding company of the billionaire Warren E. Buffett, reported Friday that its net income jumped nearly 33 percent during the second quarter...
New York Times - August 4, 2007
Unions Seek to Restrain 2 Financial Firms
The A.F.L.-C.I.O. has asked the S.E.C. to require that Kohlberg Kravis Roberts and Och-Ziff Capital Management, both planning public stock offerings, be regulated as investment companies...
New York Times - August 4, 2007
What?s Offline: Stock Market Cycles
James B. Stewart writes in Smart Money that the stock market bubble is about to burst...
New York Times - August 4, 2007
Saturday Interview: Press Baron Champions ?Viewspaper?
Anthony O?Reilly, former C.E.O. of H.J. Heinz and founder and chairman of Independent Media of Britain, discusses the newspaper business, editorial interference and expansion into Asia...
New York Times - August 4, 2007
Five Days: Deal for Dow Jones a Springboard for Murdoch?s Plans
Rupert Murdoch won ownership of Dow Jones, mortgage news went from bad to worse, M.L.B. and StubHub made a deal, Mattel recalled toys painted with lead, and more...
New York Times - August 4, 2007
What?s Online: Passengers Scowl as Airlines Smile
While the nation?s airlines are starting to work their way back to profitability, conditions for passengers are worsening with not enough seats to go around...
New York Times - August 4, 2007
A Tide of Wine May Drive European Growers From a Way of Life
Overproduction and competition from New World wines has led the European Union to propose that farmers destroy 200,000 hectares of vines...
New York Times - August 4, 2007
Off The Charts: Bulging Profits in U.S. Often Originate Overseas
American companies have been very profitable in recent years, but that may be an indicator of the strength of foreign economies, not America?s...
New York Times - August 4, 2007
Market Values: Managers See Basics as a Buy in Risky Times
Portfolio managers are seeking out companies that are less sensitives to changing economic conditions and the whims of investment fashion...
New York Times - August 4, 2007
Toyota Says Quarterly Profit Jumped 32%
Toyota reported a 32 percent rise in second-quarter profits and strong sales in North America as the company seeks to widen its lead over G.M. as the world?s largest automaker...
New York Times - August 4, 2007
With Sale, Chrysler?s Identity Is Simplified
Chrysler became the only privately held Detroit automaker after the private equity firm Cerberus Capital Management completed its $7.4 billion purchase of a majority stake on Friday...
New York Times - August 4, 2007
Report Says S.E.C. Erred on Pequot
A report by Congressional investigators says that the S.E.C. bungled a promising investigation two years ago into suspicious trading at Pequot Capital Management...
New York Times - August 4, 2007
What?s Good for a Business Can Be Hard on Friends
Cellphone plans that encourage subscribers to talk mainly to people in the same network are having unintentional social effects...
New York Times - August 4, 2007
Shortcuts: So Long to the Analog Era; Home Movies Reborn on DVD
There are a variety of ways to transfer old home videos to DVD...
New York Times - August 4, 2007
Markets Fall as Lender Woes Keep Mounting
Stocks tumbled on fears that worsening ills in the mortgage and debt markets could soon take a significant toll on the overall economy...
New York Times - August 4, 2007
Jobs Growth Slid in July, Echoing Drift
The job market lost some of its punch in July as employers added 92,000 jobs ? the fewest number in five months ? and unemployment edged up 0.1 percent to 4.6 percent...
New York Times - August 4, 2007
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