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Gustav stalls offshore in Haiti after killing 23
Southern Ledger - August 28, 2008
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Indian security forces kill 3 in Kashmir
Southern Ledger - August 28, 2008
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Indian security forces kill 5 in Kashmir
Southern Ledger - August 28, 2008
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Kashmir police and suspected rebels in shootout
Southern Ledger - August 28, 2008
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Swiss exonerate Europes last executed witch
Southern Ledger - August 28, 2008
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Combat flares in 3rd area of Pakistan border belt
Southern Ledger - August 28, 2008
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At least 5 dead in Kashmir battle over hostages
Southern Ledger - August 28, 2008
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9 killed in bomb blast in northwestern Pakistan
Southern Ledger - August 28, 2008
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Garth, Doherty make nice while filming new 90210
Southern Ledger - August 28, 2008
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US News Archive for December 2006:
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Experts: Kim gambled in wilderness, and lost
Survival experts struggled Friday to come to terms with James Kim's heart-wrenching decision to leave his snowbound family to seek help in the bitter cold of the Oregon wilderness...
CNN - December 8, 2006
Panel: Leaders negligent in protecting pages
The House ethics committee has found that Republican leaders did not break any rules in handling allegations against former Rep. Mark Foley, but that they were negligent in protecting the teenage pages, a congressional source said. No one will be reprimanded, the source said...
CNN - December 8, 2006
Rumsfeld Bids Farewell to Pentagon
In his parting speech, Defense Secretary Donald H. Rumsfeld voiced deep faith in the American people...
New York Times - December 8, 2006
Hurricanes Promote Shannon to Head Coach
The University of Miami football program, roiled by problems off the field, hired Randy Shannon on Friday to replace the fired Larry Coker...
New York Times - December 8, 2006
Panel Finds Negligence but No Violations in Foley Case
Though they broke no rules, House Republican leaders were negligent in handling the case of former Representative Mark Foley, the House ethics committee said today...
New York Times - December 8, 2006
Pettitte Returns to the Yankees
Andy Pettitte, who left the Yankees after the 2003 season, has agreed to a one-year, $16 million contract...
New York Times - December 8, 2006
US man arrested in 'grenade plot'
A man is arrested in Illinois after police say he attempted to obtain grenades to explode at a shopping centre...
BBC News - December 8, 2006
Ariane sends satellites to orbit
Europe's heavy-lift Ariane 5 rocket puts two satellites in orbit after taking off from French Guiana...
BBC News - December 8, 2006
US pilots charged in Brazil crash
Brazil charges two US pilots with endangering air safety over the country's worst aviation disaster...
BBC News - December 8, 2006
Lost man died close to food, shelter
James Kim, the CNET editor who sought help for his stranded family and got lost in the snowy wilderness, died of hypothermia near a fishing lodge stacked with food, authorities said...
CNN - December 8, 2006
Bush to seek input on 'new way forward in Iraq'
After joining congressional leaders for a White House meeting about Iraq, incoming House Speaker Nancy Pelosi said, "The president admitted that some new tactics might be needed." President Bush, in turn, promised he would seek input from Congress as he ponders a new strategy for the war...
CNN - December 8, 2006
U.S.: 20 militants killed in Iraq
Coalition forces say they have killed 20 people identified as insurgents, destroyed weapons caches and arrested seven suspected terrorists in two security sweeps in Iraq. But officials quoted by wire services say women and children are among the dead...
CNN - December 8, 2006
Troubled Children: Off to College Alone, Shadowed by Mental Illness
For young people with serious mental disorders, the transition to college can be particularly fraught...
New York Times - December 8, 2006
Jobs Grew at a Moderate Pace Last Month
Employers added 132,000 jobs last month, a moderate pace slightly above what forecasters were expecting...
New York Times - December 8, 2006
Reagan's envoy to UN dies
Jeane Kirkpatrick, the first female ambassador to the UN and member of Ronald Reagan's cabinet dies...
BBC News - December 8, 2006
US adds more jobs than expected
The US economy added a better-than-expected 132,000 jobs last month, official figures show...
BBC News - December 8, 2006
Go-ahead for 'Dirty War' extradition
A Uruguayan judge approves the extradition of six men to Argentina over 11 abductions in the 1970s...
BBC News - December 8, 2006
Iraq raids 'kills 20 al-Qaeda'
The U.S. military said 20 insurgents suspected to be linked to al-Qaeda are killed after a security sweep north of Baghdad sparked a firefight at a building housing suspected militants. Two people died in the gun battle while a coalition airstrike killed a further 18...
CNN - December 8, 2006
Iraq plans international, regional summits
Iraq will be holding two crucial conferences on its dire situation, one to include the United Nations and Arab League, and the other to include only its neighboring nations, the Iraq Foreign Ministry announced Thursday...
CNN - December 8, 2006
Baseball: Bonds 'stays at Giants'
Barry Bonds is reported to have agreed a new one-year contract with the San Francisco Giants...
BBC News - December 8, 2006
Gibson film angers Mayan groups
Mel Gibson's film about the Mayan civilisation is criticised by indigenous Mayan activists...
BBC News - December 8, 2006
'Microwave baby' mother charged
An Ohio woman is charged with murdering her baby, which showed signs of being burned in a microwave oven...
BBC News - December 8, 2006
Bush sets terms for Iran, Syria
After talks with British Prime Minister Tony Blair, U.S. President George W. Bush indicates Iran and Syria might be included in talks about Iraq, if they meet certain conditions...
CNN - December 8, 2006
Winter freeze has much of U.S. in its grip
Cold swept through the Midwest and headed south Thursday, sending temperatures plunging by as much as 41 degrees. A hard freeze was forecast for Thursday night as far south as the Florida Panhandle...
CNN - December 8, 2006
Final Hawaii Reunion for Pearl Harbor Veterans
The Pearl Harbor Survivors Association has decided this year’s anniversary gathering will be its last in Hawaii...
New York Times - December 8, 2006
Blige Rebounds With 8 Grammy Nominations
Mary J. Blige, the resilient R&B star, led the contenders for the annual awards from the recording academy...
New York Times - December 8, 2006
With Victories, City Challenges More Gun Sales
New York City reached agreements with six out-of-state gun dealers to let court officials monitor their operations...
New York Times - December 8, 2006
Aspirations Dashed, Frist Says Farewell
Senator Bill Frist’s physician’s demeanor was not always suited to the black art of Senate wheeling and dealing...
New York Times - December 8, 2006
Changes Are Expected in Voting by 2008 Election
Voters are likely to see an end to the use of most electronic voting machines without a paper trail...
New York Times - December 8, 2006
Troubled Children: Off to College on Their Own, Shadowed by Mental Illness
For young people diagnosed with serious mental disorders, the transition from high school to college can be particularly fraught...
New York Times - December 8, 2006
World Business Briefing: South Korea: Lone Star’s Bank Purchase Challenged
Lone Star Funds’ 1.4 trillion won ($1.5 billion) purchase of the Korea Exchange Bank in 2003 was illegal, South Korean prosecutors said, setting up a court case that may cause the sale to be annulled. A former finance ministry official, Byeon Yang-ho, took bribes and conspired with the former president of Korea Exchange, Lee Kang-won, to drive down the sale price by as much as $900 million, the Supreme Prosecutors’ Office said. Mr. Byeon denied the accusations. Regulators will determine whether the sale should be voided, said Chae Dong-wook, a prosecutor. Last month Lone Star abandoned the sale of the bank to Kookmin Bank for a profit of about $4 billion because of the investigations. “It is the same old broad conspiracy theory that never made any sense and still is not supported by any hard evidence,” Lone Star’s chairman, John Grayken, said in a statement...
New York Times - December 8, 2006
Johnnie B. Hunt, 79, Trucking Company Owner, Is Dead
Johnnie B. Hunt’s keen entrepreneurial sense built a nationwide freight-hauling empire...
New York Times - December 8, 2006
The Churn: People
People...
New York Times - December 8, 2006
World Business Briefing: Hong Kong: Appliance Maker to Acquire Hoover
The Whirlpool Corporation said it would sell its Hoover vacuum cleaner business to the Techtronic Industries Company of Hong Kong for $107 million, to focus on its core appliance business. Techtronic, maker of Ryobi and Milwaukee tools, views Hoover as a good fit with its own vacuum lineup, including Dirt Devil and Regina in the United States and Vax in Britain. Techtronic said it would invest heavily to reinvigorate the brand. Whirlpool acquired Hoover when it purchased the Maytag Corporation this year...
New York Times - December 8, 2006
World Business Briefing: Canada: Barrick Gives Up Novagold Takeover Bid
The Barrick Gold Corporation has conceded defeat in its attempt to take over NovaGold Resources, saying that only about 14.8 percent of NovaGold shares had been deposited in its $1.7 billion hostile bid. Barrick, the world’s biggest gold producer, raised its cash offer once, to $16 a share, and extended it six times. But NovaGold fought back, spurning the bid as being too low...
New York Times - December 8, 2006
World Business Briefing: South Korea: Central Bank Moves to Slow Lending
South Korea’s central bank ordered lenders to raise reserves held against foreign currency deposits, the second time in two weeks it has tried to curb borrowing. The reserve requirement ratio on short-term foreign currency deposits rose to 7 percent from 5 percent, the Bank of Korea said. The move brings the ratio into line with that for local currency demand deposits and reduces the incentive for banks to lend foreign currencies to home buyers. “This is targeted at the property market,” said Go You-sun, an economist at Daewoo Securities in Seoul. “It’s a supplementary measure to the reserve requirement ratio increase they announced earlier. The results will take time to show, but this effectively reduces the amount of loans a bank can give.”...
New York Times - December 8, 2006
World Business Briefing: Britain: Tobacco Company Confirms Takeover Bid
The Gallaher Group, maker of Benson & Hedges and Silk Cut cigarettes, confirmed that it had received a takeover approach from a bidder it did not identify, setting off a 22 percent gain in its share price. Gallaher confirmed the bid in a statement to the London Stock Exchange after the market closed Wednesday. The bid reinforced recent speculation that the tobacco industry is due for consolidation and shares rose across the sector. “We see the tobacco sector broadly benefiting from the Gallaher approach,” said a Goldman Sachs analyst, Mark Lynch. “Expectations of industry consolidation have been widespread for many years.” Analysts said one potential bidder for Gallaher would be Japan Tobacco. Gallaher has long been linked to Japan Tobacco, as it holds the right to market and sell Japan Tobacco’s Camel cigarettes in parts of Europe. Credit Suisse said a tie-up between the two would be a “particularly good strategic fit.” It would address Japan Tobacco’s subscale position in Western Europe and strengthen its competitive position in Eastern Europe, the brokerage firm said...
New York Times - December 8, 2006
Jobless Claims Fall for Week, but Longer-Term Gauge Is Up
The number of workers seeking first-time jobless benefits plunged last week, after surging the previous week during the start of the holiday season...
New York Times - December 8, 2006
Stocks & Bonds: Homebuilders, and Worries Over Jobs, Lead a Decline
Stocks fell for a second day on anticipation that this week’s jobs report would show worsening unemployment...
New York Times - December 8, 2006
Sanyo Battery Recall
Sanyo shares fell sharply after two customers said they would recall 1.3 million handset batteries that could overheat...
New York Times - December 8, 2006
Lilly Sees Slowdown in ’07 Profit Growth
Eli Lilly & Company said it expected higher costs to keep next year’s profit gains below its expected 2006 growth of 8 percent to 12 percent...
New York Times - December 8, 2006
Shareholders of Reckson Agree to Bid by Rival REIT
The shareholders of the Reckson Associates Realty Corporation approved their company’s $4 billion merger with the SL Green Realty Corporation...
New York Times - December 8, 2006
Three Bids Expected for Raytheon Unit
Three bids are expected for a multibillion-dollar purchase of the aircraft division of Raytheon, and the deal may be completed by year-end...
New York Times - December 8, 2006
Nasdaq’s Plan to Raise Fees Is Causing Some Uproar
A Nasdaq plan to increase listing fees while simultaneously offering more services has enraged some companies and raised antitrust concerns...
New York Times - December 8, 2006
Limits Are Seen to a Decade of Expansion as Japan’s Growth Is Revised Downward
Japan’s economy grew at a slower pace than previously reported in the most recent quarter, a sign that a long expansion may be losing steam...
New York Times - December 8, 2006
Senator Calls for an Easing of Corporate-Wrongdoing Rules
Senator Arlen Specter called for a rollback of the tactics adopted by federal prosecutors to combat corporate wrongdoing...
New York Times - December 8, 2006
MasterCard Wins Ruling on World Cup
MasterCard won a legal ruling giving it the right to sponsor the next two World Cup soccer championships...
New York Times - December 8, 2006
Bondholders of Delta Air May Influence USAir’s Takeover Bid
An informal committee could play an important role as US Airways seeks to persuade Delta’s creditors to support its $8.6 billion offer to acquire Delta out of bankruptcy...
New York Times - December 8, 2006
Head of International Unit Gets No. 2 Job at Coca-Cola
Coca-Cola named Muhtar Kent as president and chief operating officer, filling the company’s No. 2 job...
New York Times - December 8, 2006
With an Eye on Inflation, Europe Raises Rate Again
The European Central Bank raised its benchmark interest rate by a quarter-point and signaled more increases were likely next year...
New York Times - December 8, 2006
Leading Asian Economist Urges Joint Action on Dollar
An Asian Development Bank official called on East Asian countries to ensure that their currencies rose in unison with the dollar...
New York Times - December 8, 2006
Florida’s Seminole Tribe Buys Hard Rock Cafes and Casinos
The Seminole Tribe of Florida acquired Hard Rock International for $965 million, one of the largest purchases ever by an American Indian tribe...
New York Times - December 8, 2006
Airbus Will Invest $1 Billion in Growing India Travel Market
The announcement escalates the fierce global rivalry between Airbus and Boeing in the rapidly growing Indian market...
New York Times - December 8, 2006
G.M. to Add European Model to Saturn Line
General Motors said it would add a version of the Opel Astra, its best-selling compact car in Europe, to its Saturn lineup next year...
New York Times - December 8, 2006
Happy Birthday. Vacate Your Office.
Many big law firms are keeping up with mandatory retirement age rules to make room for new blood...
New York Times - December 8, 2006
Culturally, Hedge Funds Go Public
The increase in cultural references to hedge funds parallels the explosive growth in hedge funds...
New York Times - December 8, 2006
A Middle East Equity Giant With a Small Global Footprint
Abraaj Capital, based in Dubai, has ambitions to set up a full-services bank for the Middle East and Southeast Asia...
New York Times - December 8, 2006
H.P. Will Pay $14.5 Million to Settle Suit
The agreement settles a California civil suit over Hewlett-Packard’s pursuit of private phone records to trace a news leak...
New York Times - December 8, 2006
China Trip by Paulson Lifts Stakes
Pressure is mounting on Treasury Secretary Henry M. Paulson Jr. to produce results or face protectionist measures in Congress next year...
New York Times - December 8, 2006
Advertising: Wal-Mart Fires Marketing Star and Ad Agency
Julie Roehm was never at home within the painstakingly modest by-the-books culture of Wal-Mart...
New York Times - December 8, 2006
[TS] High & Low Finance: 70 Years Later, a Scapegoat Gets a Break
Normal short selling is about to become easier. But as in 1932, there are many who see the most aggressive short sellers as part of a Wall Street conspiracy to drive down prices...
New York Times - December 8, 2006
Long a Laggard, Wages Start to Outpace Prices
The buying power of U.S. workers is now rising at the fastest rate since the economic boom of the late 1990s...
New York Times - December 8, 2006
Antitrust Policy Ambiguity to Be on Justices’ Docket
The Supreme Court agreed to take on two important antitrust cases that are likely to clarify antitrust law...
New York Times - December 8, 2006
Liberian 'torturer' in US court
The son of former Liberian President Charles Taylor denies charges that he took part in torture in Liberia...
BBC News - December 8, 2006
Cricket: West Indies lose out
Pakistan beat West Indies by two wickets in the Faisalabad one-day international...
BBC News - December 8, 2006
Canada upholds gay marriage law
Canadian MPs reject a proposal by the governing Conservative party to overturn a law allowing gay marriage...
BBC News - December 8, 2006
Chavez in Argentina trade talks
Venezuela's President Chavez arrives in Argentina for talks on integrating Venezuela into a regional trade bloc...
BBC News - December 8, 2006
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