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US News Archive for September 2007:
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Looks matter at trials like Spector's
When Phil Spector's murder trial goes to the jury later this week, his flashy dress and odd demeanor could hurt him, legal analysts tell CNN. Jurors are told not to consider looks, but they inevitably do, studies have shown. Spector, 67, is accused of shooting actress Lana Clarkson, 40, to death. full story...
CNN - September 4, 2007
Felix' winds slow, but flood threat grows
Felix was barely clinging to hurricane status Tuesday, but the storm still posed a "major flood threat" and could dump as much as 2 feet of rain in some areas of Central America, the U.S. National Hurricane Center said. full story...
CNN - September 4, 2007
Report: Iraq failed to meet 11 of 18 benchmarks
Iraq has not met 11 of the 18 benchmarks the U.S. Congress set when it approved a war-spending bill in May, the Government Accountability Office reported Tuesday. full story...
CNN - September 4, 2007
City Room: City Prepares for Cabbie Walkout
The city released details of a contingency plan in the event of a taxi strike on Wednesday...
New York Times - September 4, 2007
Diner's Journal Blog: Sorry, We Don?t Have That
When restaurants run out of what you want...
New York Times - September 4, 2007
DealBook Blog: Yahoo-Microsoft Chatter Rises Again
School kids aren?t the only ones returning from vacation. Dog-eared speculation about a potential deal between Yahoo and Microsoft is back as well. Rumors flew about a possible transaction between the two companies in May, after various reports suggested that Microsoft was considering a joint venture with Yahoo, an acquisition of Yahoo?s search business or an [...]...
New York Times - September 4, 2007
The Caucus Blog: G.O.P. Warns on Early Contests
As state Republican parties scurry to meet tonight?s plan submission deadline for their nominating contests, the national G.O.P. issued a warning that it intends to enforce its timing rules?no exceptions...
New York Times - September 4, 2007
Afghan Officials Say Kidnapper Killed
KABUL, Afghanistan (AP) -- Afghan forces said Tuesday that they killed a Taliban commander behind the kidnapping of South Korean church workers, less than a week after the hostages were let go under a deal seen as a propaganda coup for the hard-line Islamic militia...
New York Times - September 4, 2007
Chela and Moya Advance at U.S. Open
Juan Ignacio Chela, 28, reached his first United States Open quarterfinal, and Carlos Moya, a 31-year-old with a French Open title on his résumé, advanced to the quarterfinals for first time in nine years...
New York Times - September 4, 2007
Clemens to Get Cortisone Shot
Roger Clemens said today that he would pitch again this season, despite a sore elbow that forced him from Monday?s game after four innings...
New York Times - September 4, 2007
Millionaire Aviator Missing on Short Flight
A search was under way in the mountainous terrain of western Nevada for James Stephen ?Steve? Fossett...
New York Times - September 4, 2007
American Farmers Are Crossing the Border for Labor
Concerned about a crackdown on immigrant labor, more farmers have been moving across the border to Mexico...
New York Times - September 4, 2007
Novastar to Slash Lending and Cut Jobs
The company said it would eliminate 275 jobs and slash direct mortgage lending to preserve cash after it was forced to cancel a $101.2 million rights offering...
New York Times - September 4, 2007
Microsoft Is Rebuffed by Standards Body
The company?s Office Open XML document fails to meet two criteria for a standards designation...
New York Times - September 4, 2007
Valentino to Quit as Fashion Designer
The news ended speculation that has buzzed around the fashion house since a gala in Rome in July celebrating the iconic Italian couturier?s 45 years in the business...
New York Times - September 4, 2007
August Sales Mixed for Automakers
Bigger discounts helped General Motors increase sales in August while Toyota, Ford Motor and Chrysler posted declines amid troubles in the credit and housing markets...
New York Times - September 4, 2007
China Steps Up Efforts to Cleanse Reputation
Even as it cracks down on product safety and substandard goods, China lashes out at critics of its exports...
New York Times - September 4, 2007
GM bucks US car sales downturn
General Motors saw US sales grow in August, bucking a trend for falling demand at other US carmakers...
BBC News - September 4, 2007
Final count in close Jamaica vote
A final count is under way in Jamaica's elections, amid allegations by the ruling party of "irregularities"...
BBC News - September 4, 2007
Nooses spark violence, split town
A star running back and five black classmates in Jena, Louisiana, were arrested on attempted murder and conspiracy charges after a fight last year left a white student beaten and bloodied. Many say it would not have happened if not for the nooses. full story...
CNN - September 4, 2007
Category 5 Felix hits Nicaragua
Hurricane Felix made landfall with potentially disastrous rain and top wind speeds of 160 mph (260 kph) near the Nicaragua-Honduras border Tuesday morning, the U.S. National Hurricane Center said. full story...
CNN - September 4, 2007
Senate panel to hear Iraq progress report
The Senate Foreign Relations Committee on Tuesday will hear a much-anticipated report on whether Iraq is making progress on meeting political and security benchmarks set by Congress in May. full story...
CNN - September 4, 2007
TierneyLab: A Message for the Prime Designer
At last, we have the results in the Talk-to-the-Prime-Designer Contest. I apologize for the delay, which was due partly to the volume of entries (over 400) and partly to an unusual late-hour conflict among the judges. The rules of the contest were simple: Assume we?re all living in a computer simulation like the envisioned by [...]...
New York Times - September 4, 2007
Paper Cuts: Skimming the Sunday Reviews
J.M. Coetzee in New York in 2003. (Photo: Richard Perry/The New York Times) A quick hike through the Sunday (and a few non-Sunday) book review sections The Guardian (U.K.) At least three British papers - the Guardian, the Independent and the Times of London - weigh in on J.M. Coetzee?s new novel ?Diary of a Bad Year.? (It [...]...
New York Times - September 4, 2007
Tantalizing Prospects
With play underway in Flushing today, some tennis fans are looking ahead to tonight when Justine Henin meets Serena Williams, and both Rafael Nadal and Novak Djokovic will play...
New York Times - September 4, 2007
City Room: Chelsea Pipe Bomb Remains a Mystery
Police are investigating a pipe bomb that exploded outside a building that houses a theater studio founded by the actor Michael Imperioli...
New York Times - September 4, 2007
Little-Noticed 9/11 Lawsuits Will Go to Trial
Lawsuits brought by victims? families against airlines, security companies and other parties are moving forward...
New York Times - September 4, 2007
The Caucus: Congress Returns
The agenda is likely to be dominated by debates on federal spending and Iraq...
New York Times - September 4, 2007
City Room: Public School Doors Swing Open
Backpacks, notebooks and politicians -- it's the first day of public school in New York City...
New York Times - September 4, 2007
World Business Briefing: Zimbabwe: Heinz Sheds Its Interests
The food giant H. J. Heinz, one of Zimbabwe?s first major foreign investors, sold its Zimbabwe interests to Cottco, a government-controlled cotton company. Cottco paid $6.8 million for Heinz?s 49 percent stake in Olivine Industries, a Zimbabwe company that makes fats, edible oils and soaps. The government previously shared ownership of Olivine with Heinz. Industry executives dismissed reports in the state media that called the Heinz deal the first in a much-publicized program by the government to take over white-controlled businesses. The executives said the deal was in negotiation months before plans were announced by President Robert G. Mugabe this year to force all businesses to yield 51 percent of their ownership to black Zimbabweans, a campaign the government calls ?indigenization.? Heinz was one of the first major foreign investors after independence in 1980...
New York Times - September 4, 2007
World Business Briefing: South Africa: Casinos to Be Acquired
The South African casino operator Gold Reef Resorts agreed to be acquired by a group including Ethos Private Equity and Goldman Sachs for 34 rand a share, or about 9.85 billion rand ($1.37 billion). Gold Reef, which operates the Gold Reef City theme park and casino in Johannesburg and other casinos and hotels around the country, said after markets had closed that the deal implied an enterprise value of 11.6 billion rand. The company said Aug. 13 it was in exclusive talks with the buyout group, which also includes Gold Reef management and black investors, though Goldman Sachs?s involvement was not disclosed at the time. Goldman Sachs and Nedbank Corporate have agreed to provide financing for the deal...
New York Times - September 4, 2007
World Business Briefing: Sweden: SCA Names Chief Executive
Svenska Cellulosa, Europe?s biggest tissue maker, named Jan Johansson chief executive, succeeding Jan Aastroem, who will step down in a surprise reshuffle of top management. Mr. Johansson, 52, is currently chief of the copper company Boliden. He will join Svenska Cellulosa, based in Stockholm and known as SCA, within three months, the company said. The finance chief, Lennart Persson, will be the acting chief in the meantime. During Mr. Aastroem?s five-year tenure, SCA?s shares gained 7.2 percent, trailing the 60 percent jump in Sweden?s OMX Index, as industry overcapacity weighed on tissue prices and earnings. Mr. Aastroem cut 3,600 jobs and closed 20 production lines to restore profitability. Boliden?s stock more than quadrupled during Mr. Johansson?s six years as chief. At SCA, Mr. Johansson has been given a mandate to expand in China and other emerging markets...
New York Times - September 4, 2007
World Business Briefing: South Africa: Telkom in Talks for Sale
Telkom South Africa may sell the rest of a mobile-phone venture, the nation?s biggest, to Vodafone Group and dispose of its fixed-line unit to the MTN Group. Telkom South Africa said in a statement that it was in talks with Vodafone and MTN over ?mobile strategy.? Telkom, which has a market value of about 103.4 billion rand ($14.4 billion), declined to give details. MTN and Vodafone confirmed the discussions in separate statements. The sales would effectively dismantle what was until last year a monopoly over fixed-line phone services in South Africa. They also would give the government an exit from its investment in Telkom. South Africa owns about 38 percent of the company...
New York Times - September 4, 2007
World Business Briefing: Germany: Bank Posts Big Loss
IKB Deutsche Industriebank, the bank that is being bailed out after investing in subprime loans, will post a loss of up to 700 million euros, or $954 million, for the fiscal year. The chief executive, Günther Bräunig, said during a conference call that the bank would curtail investments in international securities financed by commercial paper, a type of short-term business loan, and that it expected future earnings to be ?significantly lower.? The bank had a profit of 179.6 million euros in the year that ended March 31. The government-owned KfW development bank and the German banking associations agreed to cover some losses at IKB after rising defaults on home loans hurt the value of mortgage-backed securities...
New York Times - September 4, 2007
World Business Briefing: Germany: New Leader for Ig Metall
Germany?s biggest industrial union, IG Metall, nominated Berthold Huber, 57, left, a top union deputy for four years, to take over as its leader later this year. The current leader, Jürgen Peters, has said he will not seek re-election in November when his term expires, the union said. IG Metall has 2.3 million members representing a broad range of workers in Germany?s key manufacturing sector. Earlier this year, it secured a pay increase of 4.1 percent this year and another 1.7 percent next year for manufacturing workers. It went into talks demanding a 6.5 percent raise...
New York Times - September 4, 2007
World Business Briefing: Britain: HSBC Stake in Korean Bank
HSBC Holdings, Europe?s biggest bank, agreed to buy a 51 percent stake in Korea Exchange Bank for $6.3 billion as it attempts to bolster its presence in the fast-growing Asian market. The purchase of the stake from the United States private equity group Lone Star Funds would allow Lone Star, based in Dallas, to exit a controversial investment. HSBC, based in London, said that it did not intend to make an offer for the remainder of the Korean bank?s shares and that the bank would remain listed on the Korea Exchange. The acquisition would catapult HSBC past its foreign rivals Standard Chartered and Citigroup. Both have bested HSBC in the past in purchasing local banks during the post-Asian crisis turmoil. A local court in South Korea has been investigating allegations that Lone Star manipulated the stock price of the Korean bank?s credit card unit in 2003 so that the bank could take it over at a lower price...
New York Times - September 4, 2007
Frequent Flier: Time on the Greens Beats Time at the Gate
As my career has progressed, playing golf has evolved from being a good way to entertain clients to something of a savior...
New York Times - September 4, 2007
MetroPCS Offers to Buy Leap Wireless
The wireless service provider offered more than $5 billion in stock for rival Leap...
New York Times - September 4, 2007
Stocks Rise After Economic Reports
Stocks lifted modestly after investors appeared unfazed by drops in manufacturing growth and construction spending...
New York Times - September 4, 2007
Economic Data Reflect Slower Growth
Growth in the manufacturing sector slowed in August while construction spending dropped sharply in July, data showed...
New York Times - September 4, 2007
Regulators Urge Loan Servicers to Help Avoid Defaults
The Federal Reserve and other banking regulators issued guidance today urging loan service companies to work with borrowers in danger of defaulting on home mortgages...
New York Times - September 4, 2007
Ford Says Its U.S. Sales Fell 14% in August
The second-largest U.S. automaker said it sold 218,332 vehicles in August, down from 255,112 vehicles a year earlier...
New York Times - September 4, 2007
US manufacturing remains strong
US manufacturing sector offering some reassurance that woes in the financial markets have not yet spread...
BBC News - September 4, 2007
Clinton planning Irish fundraiser
Former US President Bill Clinton is to visit Ireland to help fund his wife's White House ambitions...
BBC News - September 4, 2007
US row over Iraq army break-up
Ex-US Iraq envoy Paul Bremer insists President Bush backed his plan to dissolve Iraq's army in 2003...
BBC News - September 4, 2007
Category 5 Felix nears Nicaragua
Hurricane Felix's top wind speed increased to 160 mph (260 kph) -- a Category 5 storm -- shortly before it was due to make landfall along the Nicaragua-Honduras border, the U.S. National Hurricane Center said. full story...
CNN - September 4, 2007
Storm Nears Honduras and Nicaragua
SAN PEDRO SULA, Honduras (AP) -- Forecasters said Tuesday that Hurricane Felix could strengthen into a Category 5 monster just as it makes landfall near the Nicaragua-Honduras border, home to thousands of stranded Miskito Indians...
New York Times - September 4, 2007
U.S. Says N. Korea Not Off Terror List
SYDNEY, Australia (AP) -- North Korea remains on a list of states that sponsor terrorism, a senior U.S. diplomat said Tuesday, dismissing North Korean claims that Washington decided to remove the designation...
New York Times - September 4, 2007
Alex and Victor Rodriguez Are Worlds Apart
The Yankee star?s half brother is 15 years older and is a decorated officer in the Air Force...
New York Times - September 4, 2007
Little-Noticed 9/11 Lawsuits Will Get Their Day in Court
Dozens of lawsuits brought by the families of victims against airlines, security companies and other parties are moving toward trial...
New York Times - September 4, 2007
China denies Pentagon hack
China dismisses reports that its military hacked into the US Department of Defense's computer network...
BBC News - September 4, 2007
Bush: Fear won't dictate pullout
U.S. President George W. Bush arrived in Iraq on Monday in an unannounced visit, the White House said. Bush warned Washington war critics who are pushing for quick troop withdrawals to temper their expectations. full story...
CNN - September 4, 2007
A-Rod and Half Brother Are Worlds Apart
Victor Rodriguez, Alex Rodriguez?s step-brother, is a decorated officer in the Air Force...
New York Times - September 4, 2007
Bipolar Soars as Diagnosis for the Young
The number of American children and adolescents treated for bipolar disorder increased 40-fold from 1994 to 2003...
New York Times - September 4, 2007
A Challenge to New York?s Homeless Policy
The number of families staying in homeless shelters because they do not qualify for city housing subsidies has erupted over the summer...
New York Times - September 4, 2007
Tourists Flee as Felix Nears Honduras
Hurricane Felix strengthened into a dangerous Category 5 storm Sunday as it entered the open waters of the Caribbean Sea after toppling trees and flooding some homes on a cluster of Dutch islands...
New York Times - September 4, 2007
9/11 Lawsuits Will Get Their Day in Court
Dozens of lawsuits brought by the families of 9/11 victims against airlines, security companies and other parties are moving toward trial...
New York Times - September 4, 2007
As Support Lags, Colleges Tack on Student Fees
Administrators say public universities are charging fees because legislatures shy away from tuition increases...
New York Times - September 4, 2007
Advertising: Drivers Size Up Fords (Unknowingly) in New Campaign
Commercials for ?Swap My Ride,? Ford?s new advertising campaign feature people who drove Fords for a week instead of the cars they had just purchased...
New York Times - September 4, 2007
Treasury Offerings for This Week
The Treasury?s schedule of financing this week include today?s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow...
New York Times - September 4, 2007
Order on Tax Evasion Site Blocked
A federal appeals court has temporarily blocked an order that the Internal Revenue Service be given the names of people who acquired materials from a Web site on how to defeat the tax laws...
New York Times - September 4, 2007
U.S. Leads Productivity Ranking; China Gains
American workers are the world?s most productive, followed by the Irish, though productivity is rising fastest in China and much of the rest of Asia...
New York Times - September 4, 2007
Most European Stocks Gain
European stocks climbed for a fourth day Monday, as national benchmarks advanced in 13 of the 18 Western European markets...
New York Times - September 4, 2007
Before Models Can Turn Around, Knockoffs Fly
Copying has become so pervasive it is now the No. 1 priority of the Council of Fashion Designers of America...
New York Times - September 4, 2007
Bill Deedes, Journalist in Britain, Is Dead at 94
A journalist for three-quarters of a century, Mr. Deedes was sometimes called the most popular man on Fleet Street...
New York Times - September 4, 2007
Hardly a Union Hotbed, Toyota?s Kentucky Plant Is a Test for Organizers
Emboldened by Toyota?s plans to cut labor costs, the United Auto Workers is making its most concerted push yet to organize at the Japanese automaker?s largest American plant...
New York Times - September 4, 2007
On The Road: Jostling in the Skies for the Business Jet Set
The business jet industry, surging as airline delays keep pushing new passengers into more expensive private jet flying, is undergoing some basic competitive readjustments...
New York Times - September 4, 2007
No Suitcase Is Safe
Some airports in Latin America and Africa are known for high rates of theft, but experts say airport baggage thieves prosper in the U.S. as well...
New York Times - September 4, 2007
Microsoft Favored to Win Open Document Vote
Amid intense lobbying, Microsoft is expected to squeak out a victory this week to have its open document format, Office Open XML, recognized as an international standard...
New York Times - September 4, 2007
Challenge for a German Tire Maker
In July, German auto parts maker, Continental, clinched a major deal to acquire Siemens VDO. Now the company must integrate a company nearly its own size...
New York Times - September 4, 2007
Anthony Day, 74, Editorial Page Editor, Is Dead
Mr. Day, a longtime editorial page editor of The Los Angeles Times, helped transform the paper into a respected voice in national affairs...
New York Times - September 4, 2007
Merger of Energy Companies Sets Back European Efforts on Competition
The French state-owned company Gaz de France announced that it would merge with the utility Suez to create one of the world?s largest energy groups...
New York Times - September 4, 2007
In Asia, Private Equity Is Still Bullish
Private equity firms are setting records in the size of Asian buyout funds, adding to an existing pool of more than $35 billion that is waiting to be invested in deals in the region...
New York Times - September 4, 2007
Banks to Test Debt Market This Week
Seven banks try to entice investors to buy $24 billion in loans and bonds to pay for the sale of the First Data Corporation to Kohlberg Kravis Roberts...
New York Times - September 4, 2007
Lobbying in U.S., Indian Firms Present an American Face
As the 2008 presidential campaign picks up speed, Indian outsourcing companies have returned to Washington as veritable insiders, slicker and better connected than ever...
New York Times - September 4, 2007
A Thirst for Milk Bred by New Wealth Sends Prices Soaring
Driven by a roaring world economy, among other things, global milk prices have doubled over the last two years...
New York Times - September 4, 2007
For U.A.W., a Year of Uncertainty
It still remains unclear whether the United Automobile Workers will agree to the health care overhaul carmakers are seeking...
New York Times - September 4, 2007
A New Push to Regulate Power Costs
More than a decade after the drive began to convert electricity from a regulated industry into a competitive one, many states are rolling back their initiatives...
New York Times - September 4, 2007
Brazil pressured on cluster bombs
The Brazilian government is facing criticism from Latin American countries for its failure to abandon the production of cluster bombs...
BBC News - September 4, 2007
Jamaica opposition in poll 'win'
Early results show the opposition Jamaica Labour Party winning the closest election in 45 years...
BBC News - September 4, 2007
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