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US News Archive for May 2008:
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Virgin Mobile USA Profit Down on Subscriber Losses
The wireless service provider said its profit fell to $4.7 million from $19.2 million a year ago on weak subscriber growth and it forecast customer losses in the current quarter...
New York Times - May 5, 2008
Upswing in Economic Index for Services
U.S. service industries suffered a slowdown in activity in April, but service companies also appeared to add jobs, the first time this year that their payrolls expanded, a survey showed...
New York Times - May 5, 2008
G.M. Workers Strike Malibu Plant in Kansas
General Motors workers who build one of the company?s most popular and important vehicles at a plant in Kansas went on strike after they were unable to reach an agreement on local work rules...
New York Times - May 5, 2008
JPMorgan Buying Part of Target?s Card Business
The Target Corporation said that it had struck a deal to sell an interest in credit card receivables to JPMorgan Chase for an initial investment of $3.6 billion...
New York Times - May 5, 2008
Yahoo Chief Says Microsoft Was the Stubborn One
Jerry Yang said Yahoo was open to Microsoft all along but said he felt that the company he co-founded was simply worth more than what Microsoft put on the table...
New York Times - May 5, 2008
The Rail: What to Do With the Winnings?
After the second-place finisher Eight Belles was euthanized, many of her supporters are wondering what to do with their winning ticket...
New York Times - May 5, 2008
City Room: Two Portrayals of Thurman?s Pursuer
The lawyer for the man accused of stalking the actress tells the jurors: ?Think about your lives and what you have done in your lives in the name of love. Think about the stupid things you have done.?...
New York Times - May 5, 2008
Democrats Battle Over Gas Tax and Iran
Barack Obama and Hillary Rodham Clinton began their final day of campaigning before Tuesday?s primaries...
New York Times - May 5, 2008
Racial Disparities Found to Persist as Drug Arrests Rise
Large disparities persist in the rate at which blacks and whites are arrested and imprisoned for drug offenses, new reports say...
New York Times - May 5, 2008
Death Toll in Myanmar Storm Could Reach 10,000
As the death toll from a devastating cyclone escalated to nearly 4,000, the foreign minister said that it could rise to 10,000...
New York Times - May 5, 2008
On the Campaign: How Bill Clinton Got His Campaign Groove Back
After a few rough months, the former president seems to have adapted to his role as the ?designated ambassador to the smaller parts of the country.?...
New York Times - May 5, 2008
US mortgage firm deal 'at risk'
The sale of the third largest US mortgage lender, Countrywide, to the Bank of America may be at risk, analysts say...
BBC News - May 5, 2008
Marvel Entertainment Beats Estimates
The company, which licenses comic-book characters, posted first-quarter profit of $45.2 million on strong global demand for its products, and it also raised its 2008 outlook...
New York Times - May 5, 2008
Wal-Mart to Expand Discount Drug Program
Wal-Mart announced it would expand its discounted prescription drug program to offer 90-day supplies for $10 and add several women?s medications at a discount...
New York Times - May 5, 2008
Aflac Shareholders Vote to Back Chief?s Pay
The insurer has become the first American company to give shareholders a say on pay ? a vote on top management?s compensation...
New York Times - May 5, 2008
Oil Passes $120 as Dollar Weakens
Oil futures surged to a new record on Monday as supply threats emerged and the dollar weakened against the euro. Retail gas prices, meanwhile, fell more than a cent over the weekend...
New York Times - May 5, 2008
Service Sector Posts Unexpected Growth in April
The U.S. service sector grew last month, snapping a three-month period of contraction, according to the Institute for Supply Management?s non-manufacturing index...
New York Times - May 5, 2008
Wall Street Falls on Microsoft-Yahoo News
The Dow Jones industrial average was down in early trading as investors reacted to news that the software giant had abandoned its bid for Yahoo...
New York Times - May 5, 2008
Bats: The Confusing A.L. Central
The tightest and possibly most dysfunctional division in baseball might be the A.L. Central...
New York Times - May 5, 2008
Iran Rejects More Talks on Iraq With U.S.
Iran said that it would not hold talks with the United States on Iraq while American forces were fighting Shiite militias in Sadr City...
New York Times - May 5, 2008
The Lede: Trapped Sea Lions Shot in Oregon
Salmon fishermen wanted the sea lions gone from the Bonneville Dam, and wildlife officials hoped to get them safely into zoos and wildlife parks, but an unknown shooter scotched that plan over the weekend...
New York Times - May 5, 2008
Baghdad Bureau: An Iraqi Back From Syria
Mohamed Hussein is an Iraqi employee of The New York Times in Baghdad. He left Iraq on New Year?s Day in 2007 to escape the sectarian violence from Shiite militias and Sunni insurgents who were both active in his mixed neighborhood. He returned last week, after 15 months out of Iraq. The name of his [...]...
New York Times - May 5, 2008
City Room: Ask About the Health of the Arts
Taking Questions: This week, through Friday, Randall Bourscheidt will be taking questions about the health of the arts, including its economic standing and the city's commitment to its vitality...
New York Times - May 5, 2008
Yahoo Stock Plunges After Microsoft Backs Off
Yahoo?s shares were off more than 15 percent on the first day of trading after Microsoft?s takeover bid fell through...
New York Times - May 5, 2008
Muti Named New Director at Chicago Symphony
The Chicago Symphony Orchestra has lured Riccardo Muti, one of a dwindling band of podium eminences...
New York Times - May 5, 2008
For Immigrants Who Died in U.S. Custody, Few Details Provided
Immigration detainees and their families lack basic ways to get information when things go wrong...
New York Times - May 5, 2008
Democrats Battle Over Gas Tax and Iran as Primaries Loom
Barack Obama and Hillary Rodham Clinton began their final furious day of campaigning before the primaries in North Carolina and Indiana...
New York Times - May 5, 2008
Random House Chief to Step Down, Executives Say
Peter W. Olson, the chief executive of Random House and one of the most powerful figures in American publishing, will step down, according to two Bertelsmann executives...
New York Times - May 5, 2008
Thousands More Deaths Expected in Myanmar
As the death toll from a devastating cyclone escalated to nearly 4,000 people, the foreign minister said that it could rise to 10,000. Hundreds of thousands were homeless...
New York Times - May 5, 2008
In Poll, Obama Survives Furor, but Fall Is the Test
A majority of voters say the controversy over Barack Obama?s ex-pastor has not affected their opinion of the senator, but a substantial number say it could sway voters in November...
New York Times - May 5, 2008
The Media Equation: Steve Jobs Stakes Out the TV Den
A lot of us carry a little bit of Steve Jobs around in our pocket, in the form of iPods and iPhones. Now, Apple is after the remaining bit of life-share that it doesn?t already own, the home front...
New York Times - May 5, 2008
Citywide: The Lost Supermarket: A Breed in Need of Replenishment
Millions of New Yorkers are having trouble finding fresh and affordable food within walking distance of their homes, according to a recent city study...
New York Times - May 5, 2008
Treasury Auctions Set for This Week
This week?s schedule includes Monday?s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday...
New York Times - May 5, 2008
Looking ahead: The Week?s Major Economic Reports
Economic indicators slow to a trickle this week, and earnings season comes to a close...
New York Times - May 5, 2008
Media Talk: Predicting the Trends of ?American Idol?
TiVo has made watching commercials unnecessary. Is it now trying to make watching reality shows a thing of the past, too?...
New York Times - May 5, 2008
Media Talk: Catch and Release? Yes, Says Moneyman
Ryan Kavanaugh, the film financier whose film credits include ?Catch and Release,? has been trying to get law enforcement officials to emulate the title...
New York Times - May 5, 2008
Media Talk: Again, the Journal?s Cartoon Is Off the Editorial Page
Amid a sea of changes at Rupert Murdoch?s Wall Street Journal, a slice-of-life cartoon that has been a mainstay of the editorial page has decamped to the Leisure & Arts section...
New York Times - May 5, 2008
If You Use Outlook E-Mail, Meet Xobni
The free downloadable software can index all of your Outlook e-mail and make messages quickly and easily searchable...
New York Times - May 5, 2008
An Alternative Approach to Marketing Rock Bands
The music label Fueled by Ramen has figured out a way to bring cross-promotion to the Internet, keeping fans of one of its bands just a click away from the label?s other acts...
New York Times - May 5, 2008
In Pellicano Case, Lessons in Wiretapping Skills
The wiretapping trial of Anthony Pellicano, the accused sleuth to the stars, has offered a close look into the surprisingly easy access to all sorts of spyware...
New York Times - May 5, 2008
Drilling Down: A Skeptical Eye on Auction Surcharges
A study recently published in the Journal of Consumer Research finds that eBay bidders react in profound ways to a seller?s numerical ?reputation? on the site...
New York Times - May 5, 2008
A Yahoo Shareholder on What Might Have Been
?Press reports that major shareholders would have been wiling to take $35 are probably not far off the mark,? said Bill Miller, Yahoo?s second-largest shareholder...
New York Times - May 5, 2008
How Much for Those Baby Photos?
Can a few snapshots of a baby or a bride, accompanied by a fawning article, really be worth millions of dollars? In the competitive world of celebrity magazines, they just might be...
New York Times - May 5, 2008
Advertising: Publisher Tested the Waters Online, Then Dove In
The niche publisher I.D.G. has been working out the answers to some big mainstream questions. The biggest: Can print media survive the transition to the Internet?...
New York Times - May 5, 2008
Mobile TV Spreading in Europe and to the U.S.
Tiny TV, the kind that is watched on a cellphone, is spreading beyond Japan and South Korea, where it has been available for three years. But will it be profitable?...
New York Times - May 5, 2008
After Deal Dies, Yahoo Weighs Its Next Move
As Yahoo investors wait to see how far their shares will fall after Microsoft withdrew its offer, a Google partnership is being considered as a lifeline...
New York Times - May 5, 2008
Clashes in Bolivia on Vote Over More Autonomy
Even before official results were announced on the referendum, provincial officials declared victory to thousands of supporters on Sunday night...
New York Times - May 5, 2008
Cyclone Kills More Than 350 in Myanmar
A powerful cyclone killed more than 350 people, destroyed thousands of homes and knocked out power in the country?s largest city, state-run media said...
New York Times - May 5, 2008
Books of The Times: Hard Sell, Soft Touch and the Right Question
Barbara Walters?s ?Audition: A Memoir? is a legitimately star-studded autobiography...
New York Times - May 5, 2008
News Analysis: A Step Back for Microsoft
Microsoft walked away from a Yahoo deal still looking for an answer to its fundamental problem: its time-tested recipe for success isn?t working against Google...
New York Times - May 5, 2008
Hezbollah Trains Iraqis in Iran, Officials Say
An American official said the account of Hezbollah?s role was provided by four Shiite militia members who were captured in Iraq late last year and questioned separately...
New York Times - May 5, 2008
For the Elderly, Being Heard About Life?s End
?Slow medicine,? which encourages less aggressive care at the end of life, is increasingly available in nursing homes...
New York Times - May 5, 2008
Penguins 3, Rangers 2: Rangers? Season Ends With More Disappointment
For the Rangers, it came far too soon. They entered the season with high hopes, but they ended up just where they did last year, knocked out in the second round...
New York Times - May 5, 2008
Few Details on Immigrants Who Died in U.S. Custody
Far more than in the criminal justice system, immigration detainees and their families lack basic ways to get information, even when things go wrong...
New York Times - May 5, 2008
Poll Shows Most Voters Unaffected by Wright
A majority of American voters say the furor over the relationship between Senator Barack Obama and his former pastor has not affected their opinion of Mr. Obama...
New York Times - May 5, 2008
Seeing Grit and Ruthlessness in Clinton?s Love of the Fight
Hillary Rodham Clinton has cast herself as a warrior, but her pugilistic imagery also evokes her political baggage...
New York Times - May 5, 2008
Morales dismisses autonomy vote
Voters in Bolivia's eastern Santa Cruz region have voted for greater autonomy in an unofficial poll, exit polls say...
BBC News - May 5, 2008
Ferry capsizes in Amazon region
Fifteen people die and many are missing as a boat capsizes on a tributary of the Amazon in Brazil...
BBC News - May 5, 2008
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