Asia, Europe
Date: 08 February 2006
(BLOOMBERG NEWS)
Bloomberg NEWS
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8th of February 2006 News
Nyheder, som de udkom på forsiden af New York Times på 8. februar 2006
Shares Fall on Lowered Forecast by Luxury Homebuilder
Date: 08 February 2006
By Bloomberg News
Bloomberg News
Stocks fell yesterday after Toll Brothers, the nation's largest builder of luxury homes, said 2006 sales would be less than its most recent forecast. The estimate from Toll ''caused some concern as to what a slowing housing market would do to the economy,'' said Eric Thorne, an investment manager at Bryn Mawr Trust in Bryn Mawr, Pa.
World Business Briefing | Asia: South Korea: Donation by Executive
Date: 08 February 2006
By Bloomberg News
Bloomberg News
The Samsung Group, under fire last year for its suspected role in the bribing of politicians and illicit transfers of stock, said that its chairman, Lee Kun Hee, left, and his children would donate 590 billion won ($621 million) to charity. Samsung also said that it would withdraw from its disputes with the government over tax penalties and its fight with the Fair Trade Commission over rules governing holding companies. The announcement comes less than a week after Mr. Lee apologized for various controversies linked to him. Last year, prosecutors investigated whether Mr. Lee wrongfully used corporate money to bribe presidential candidates; he was ultimately cleared of those suspicions.
Rosier Technology Outlook Fuels Broad Market Gains
Date: 09 February 2006
By Bloomberg News
Bloomberg News
Stocks gained yesterday after a sales forecast from Cisco Systems suggested that the profit outlook for technology companies might be improving. Falling oil prices, as well as advances in PepsiCo and Pfizer, helped support the market's rise. PepsiCo said fourth-quarter sales beat analysts' estimates and Pfizer announced that it might sell or spin off its consumer health unit.
Fed Plans 2-Day Meeting
Date: 09 February 2006
By Bloomberg News
Bloomberg News
The Federal Reserve said the next meeting of its interest-rate-setting Federal Open Market Committee will last two days, March 27 and 28, to allow more time for the new Fed chairman, Ben S. Bernanke, to confer with the panel. The meeting, which had been scheduled for March 28, will start the afternoon of March 27 and continue the next day, the Fed said yesterday.
News Summary
Date: 09 February 2006
INTERNATIONAL A3-14 Bush Seeks End to Unrest Over Danish Cartoons President Bush called on governments around the world to halt the violence that has followed the publication of cartoons of the Prophet Muhammad, while Secretary of State Condoleezza Rice accused Iran and Syria of fueling the protests for political gain. A14 A meeting of leaders of the world's 57 Muslim nations in December became the turning point for Muslim opposition to the cartoons. A1 Three protesters were killed and 27 wounded in clashes with the police in southern Afghanistan, officials said, raising the Afghan death toll over the cartoons to 11. A14 Slow Recovery for Iraqi Services Virtually every measure of the performance of Iraq's oil, electricity, water and sewage sectors has fallen below pre-invasion levels even though $16 billion from the United States has been disbursed in the reconstruction program, several government witnesses told the Senate Foreign Relations Committee. A12 Sweeping declassified statistics on insurgent violence in Iraq appear to portray a rebellion whose ability to mount attacks has steadily grown in the nearly three years since the American-led invasion. A12 At least 10 Iraqis were killed in attacks by militants, including a prominent Sunni Arab sheik from Kirkuk, one in a recent string of tribal sheiks killed apparently in retaliation for associating with American and Iraqi government officials. A12 Hamas Warns Abbas on Cabinet A senior Hamas leader warned the Palestinian president, Mahmoud Abbas, not to revamp the Palestinian Authority or make cabinet appointments without the approval of Hamas. A10 SPORTSTHURSDAY D1-6 OBITUARIES C20 HOUSE & HOME F1-10 ARTS B1-10 48th Grammy Awards Mariah Carey, the pop chanteuse whose career appeared in tatters just four year ago, the veteran Irish rock band U2 and the producer-turned-rapper Kanye West shared the limelight at the 48th Annual Grammy Awards. A25 Pollock Paintings Disputed A physicist who is broadly experienced in using computers to identify consistent patterns in the drip paintings of Jackson Pollock, left, has determined that half a dozen small paintings recently discovered and claimed by their owner to be original Pollocks do not exhibit the same patterns. B1 NATIONAL A16-24 Promised Trailers Are Slow To Arrive for Storm Victims Months after two hurricanes ripped apart communities across the Gulf Coast, tens of thousands of residents remain without trailers promised by the federal government for use as temporary shelter while they rebuild. A1 Panel Is Briefed on Spying After facing pressure from lawmakers on both sides of the aisle, the White House changed its stance by providing a closed-door briefing on the highly classified National Security Agency's domestic surveillance program to the full House Intelligence Committee. A22 Convictions in Smuggling Case A federal jury in Houston convicted three South Texans in a botched human-trafficking scheme that killed 19 illegal immigrants sealed in a trailer bound north from the Mexican border. A16 Priest's Arrest Sparks Outrage The investigation and arrest of a Chicago priest has set off a storm of new concerns that the Roman Catholic Church in America has not done enough to address the problems of sexual abuse despite years of a roiling scandal. A16 Army Focuses on Latinos As enlistment rates have fallen among other groups, they have risen among Latinos, and recruiting them has become one of the Army's top priorities. A1 NEW YORK/REGION B1-6 Police Saga in the Bronx Ends in Officer's Death Eric Hernandez, a rookie police officer, died despite heroic efforts to save him, 11 days after he was assaulted at a White Castle restaurant in the Bronx and shot three times by a fellow officer in a painful case of mistaken identity. A1 Care for Mentally Ill Children New York University plans to build what it says will be the nation's largest pediatric mental health center to treat thousands of children and train thousands of doctors. B1 FASHION B7 THURSDAY STYLES G1-10 SCIENCE/HEALTH Bird Flu Spreads to Africa The bird flu virus has been confirmed for the first time in Africa, a continent that is ill prepared to contain its spread, international health authorities said. No human cases have yet been reported on the continent. A6 T. Rex Has Chinese Ancestry Chinese and American scientists have discovered what they say could be the most primitive known tyrannosaurs, a crested dinosaur that lived 160 million years ago in northwestern China. A8 BUSINESS DAY C1-18 Vonage Plans to Go Public Vonage Holdings, a provider of Internet-based telephone service, filed an initial public offering with the Securities and Exchange Commission to sell up to $250 million in common stock. C1 Reducing Retiree Benefits General Motors has joined other former titans of corporate America in arguing for reducing the burden of caring for retirees in order to compete against foreign companies with lower benefit costs and domestic rivals with younger work forces. C1 Business Digest C2 EDITORIAL A26-27 Editorials: Low-fat diets flub a test; censoring truth; unify flood protection; rich guys over here. Columns: David Brooks, Bob Herbert. Bridge E6 TV Listings E9 Crossword E10 Weather D7
News Summary
Date: 08 February 2006
INTERNATIONAL A3-10 British Jury Convicts Cleric Of Urging Murder and Hate A jury convicted Britain's most prominent radical Muslim cleric, Abu Hamza al-Masri, of 11 charges of soliciting murder and racial hatred for using his sermons to encourage his followers to murder non-Muslims. A8 Long-Awaited Election in Haiti After more than a year of planning, the presidential elections began in Haiti with signs of the same tensions and disorder that have kept the nation at the brink of chaos for the last two years. A3 Israeli Chief Wants New Map Israel's acting prime minister, Ehud Olmert, said that he wants to set the country's permanent borders, with Israel giving up significant parts of the West Bank but keeping the largest Jewish settlement blocs. A5 Bombs Kill 5 Iraqis, 4 Marines Two bombs exploded minutes apart in a crowded Baghdad market, in one of two attacks that killed five Iraqis and appeared to be aimed at Shiites celebrating the religious festival of Ashura. The American military also announced the deaths of four marines in two separate explosions. A6 Germany Frees Terror Convict Germany's highest court released a Moroccan man who had been convicted of belonging to a cell of Al Qaeda whose members included the Sept. 11 hijackers, pending an appeal of his case. A8 3 Killed in Afghan Protest NATO troops fired on demonstrators in northern Afghanistan in a second day of deadly protests against the publication of satirical cartoons of the Prophet Muhammad in European newspapers. Three protesters were killed and 22 injured. A10 Iran's largest newspaper announced an international competition for Holocaust cartoons to retaliate against the cartoons of the Prophet Muhammad. A10 NATIONAL A12-18 Some Democrats Sense Missed Opportunities Senior Democrats said they were optimistic about making gains in Congressional elections this fall, but said they were concerned that they were in a weaker position than they might have hoped. A1 Coretta Scott King Laid to Rest Coretta Scott King was laid to rest after a funeral where white-gloved ushers welcomed 15,000 people, including four presidents, three governors, three planeloads of Congress members, celebrities, gospel stars and important figures of the civil rights movement. A1 More Alabama Church Fires Fires destroyed two rural churches and damaged two others in Alabama, just days after a string of suspicious church fires in another part of the state. A12 Evangelicals' Stand on Climate Despite opposition from some of their colleagues, 86 evangelical Christian leaders have decided to back a major initiative to fight global warming. A12 Security Program Under Fire A House Republican whose panel oversees the National Security Agency broke ranks with the White House and called for a full Congressional investigation into President Bush's domestic eavesdropping program. A12 SCIENCE/HEALTH Low-Fat Diets Don't Lower Risk The largest study ever to ask whether a low-fat diet reduces the risk of getting cancer or heart disease has found that the diet has no effect. A1 Dispute Over Mentally Ill New Mexico lawmakers are considering a bill that would allow family members, doctors and others to seek a court order forcing the mentally ill into outpatient treatment. A16 NEW YORK/REGION B1-6 City Admits Lapses Led to Sewage Discharge New York City's Department of Environmental Protection was ordered to submit to federal court oversight for at least three years after admitting that its failure to repair backup generators at several sewage treatment plants caused the illegal discharge of 30 million gallons of untreated human waste into the East River during the 2003 blackout. B1 A Contentious Deal Over Air Several members of the Grolier Club, an elite society of New York bibliophiles, say the $6.9 million price negotiated for the air rights over their Upper East Side building is too low. They want the club to stop the deal. B1 EDUCATION A19 ARTS E1-10 DINING OUT F1-14 OBITUARIES C16 Peter Ladefoged An internationally renowned linguist who was widely regarded as the world's foremost phonetician, he was 80. C16 SPORTSWEDNESDAY D1-7 Gambling Ring Uncovered New Jersey's attorney general charged an assistant coach in the National Hockey League, Rick Tocchet, left, of the Phoenix Coyotes, with financing a multimillion dollar illegal gambling operation. A1 BUSINESS DAY C1-15 G.M. Executives Accept Cuts In an effort to show its workers that executives are willing to sacrifice to help the company overcome its deep losses, General Motors said it would reduce the pay for its executives and cut its stock dividend by half. A1 Warner Breakup Suggested An investment group that holds 3.3 percent of Time Warner suggested that breaking up the company and buying back a large portion of its stock would increase its long-stagnant share price. C1 Asbestos Plan Advances Legislation that would alter the way victims of asbestos exposure would be compensated advanced, when the Senate voted 98 to 1 to begin debate on the measure C1 Univision Sale Possible Univision Communications, the Spanish language media company, is considering a plan to put itself up for sale, people briefed on the proposal said. C1 Business Digest C2 EDITORIAL A20-21 Editorials: The art of saying nothing; facing down Iran; Verlyn Klinkenborg on the telegraph. Columns: Thomas L. Friedman, Maureen Dowd. Crossword E6 TV Listings E9 Weather D8
Chinese Editor Dies After Beating by the Police
Date: 08 February 2006
By Joseph Kahn
Joseph Kahn
Committee to Protect Journalists says Wu Xianghu, Chinese newspaper editor who was beaten by police after publishing article that alleged abuses of power in their ranks, has died of wounds suffered in beating; Taizhou Evening News published report in October and following day policemen stormed offices and beat Wu in plain sight, according to newspaper employees (M)
Despite Web Crackdown, Prevailing Winds Are Free
Date: 09 February 2006
By Howard W. French
Howard French
For months now, the news about the news in China has been awful. Carrying out its vow to tighten controls over what it calls ''propaganda,'' the government of President Hu Jintao has busied itself closing publications, firing editorial staffs and jailing reporters. More noticeably, the government has clamped down on the Internet, closing blogger sites, filtering Web sites and e-mail messages for banned words and tightening controls on text messages. Last year, Yahoo was criticized for revealing the identity of an Internet journalist, Shi Tao, who was subsequently jailed. [On Wednesday, the Committee to Protect Journalists said court documents posted on a Chinese Web site showed that Yahoo had done the same in 2003, resulting in the jailing of another writer, Li Zhi.]
Contest for Cartoons Mocking the Holocaust Announced in Tehran
Date: 08 February 2006
By Nazila Fathi
Nazila Fathi
Iran's largest newspaper, Hamshahri, announces international competition for Holocaust cartoons in retaliation of Prophet Muhammad cartoons published in Danish newspapers in 2005; paper says it wants to see whether freedom of expression extends to mocking Holocaust; foreign cartoonists are invited to enter contest (M)