News 2008-04-13 Andanh.com

Housing Woes in U.S. Spread Around Globe Mon, 14 Apr 2008 02:28:24 GMT
In Ireland, Spain, Britain and elsewhere, housing markets that soared over the last decade are falling back to earth.

Finance Ministers Emphasize Food Crisis Over Credit Crisis Mon, 14 Apr 2008 02:00:30 GMT
The world’s economic ministers declared on Sunday that shortages and skyrocketing prices for food posed a potentially greater threat to economic and political stability than the turmoil in capital markets.

Airline Says Fleet Is Back in Service Sun, 13 Apr 2008 23:03:36 GMT
American Airlines said that its fleet of 300 MD-80 jets was back to full strength, after the cancellation of about 3,300 flights last week.

Rowling to Testify in Trial Over Potter Lexicon Mon, 14 Apr 2008 02:46:11 GMT
J. K. Rowling, the author of the Harry Potter series, is expected to testify against a small publisher looking to bring out an encyclopedia based on her work.

At CBS, Bad News Doesn’t End at 7 Sun, 13 Apr 2008 23:24:49 GMT
No new hit has emerged this year in the network’s prime-time schedule, which makes CBS likely to lose the crown of most-watched network to the Fox network.

Wachovia Is Said to Raise Billions Amid Credit Losses Mon, 14 Apr 2008 02:42:32 GMT
The bank is said to be raising several billion dollars from outside investors because of mounting housing losses and an ill-timed acquisition of a big California mortgage lender.

Apollo Struggles to Keep Debt From Sinking Linens ’n Things Mon, 14 Apr 2008 02:05:56 GMT
A bankruptcy filing would be one of the largest since the economy began to weaken and could presage a long-awaited shake-up among companies bought by private equity firms in the last three years.

Delta-Northwest Merger Talks Pick Up Pace Again Mon, 14 Apr 2008 02:56:50 GMT
The two companies have seemed on the verge of announcing a deal several times in recent months only to back away from a merger.

Advertising: Tibet Backers Show China Value of P.R. Sun, 13 Apr 2008 22:57:16 GMT
With the Olympics in mind, China has been exploring American-style public relations approaches.

Link By Link: He Wrote 200,000 Books (but Computers Did Some of the Work) Sun, 13 Apr 2008 22:29:22 GMT
A professor has developed computer algorithms that collect publicly available information on a given subject, turn them into into books, printed on demand or delivered digitally.

E-Commerce: Beaming Online Services Toward Blacks Sun, 13 Apr 2008 22:49:50 GMT
A new search engine, Rushmore Drive, is going after the dominance of Google by offering search results targeted to ethnic groups.

Off New York Streets, Film Piracy Is Online Sun, 13 Apr 2008 23:04:22 GMT
While bootlegged DVDs are harder to find on the streets of New York, worldwide and on the Internet, video piracy remains rampant.

In Europe, a Push to Take Away Piracy Suspects’ Internet Access Sun, 13 Apr 2008 21:15:45 GMT
Resistance is building against a plan to use internet service providers as copyright cops against users illegally downloading copyrighted material, possible disconnection from services being at stake.

A Funnier-Than-Usual Journal Gets Snapped Up Early Sun, 13 Apr 2008 22:44:28 GMT
A satire of The Wall Street Journal is selling mysteriously well, a few days before its sales release date.

Despite Silicon Valley Optimism, a Disease Resists Cure Sun, 13 Apr 2008 20:45:00 GMT
Even as the outlook for a former Silicon Valley executive stricken with a brain-wasting disorder is not encouraging, a campaign on his behalf is hoping to make a difference in other areas.

Singing McCain’s Praises, or Joking? Sun, 13 Apr 2008 23:23:03 GMT
For a while, it was not clear whether the videos of the “McCain Girls,” a trio of singing and dancing campaign supporters, were meant to be sincere or ironic.

Study Says I.R.S. Scrutiny of Big Firms Has Plummeted Sun, 13 Apr 2008 20:53:19 GMT
The I.R.S.’s scrutiny of the nation’s biggest companies is at a 20-year low, “a historic collapse in audits,” according to a new study.

Bond Trader to Sell Rare Stamps for Charity Sun, 13 Apr 2008 22:16:08 GMT
It is the second time that Bill Gross, the billionaire bond trader who has also acquired a reputation as a shrewd trader of rare stamps, will auction some of his collection for charity.

A Bumper Crop Of Bureaucracy Mon, 14 Apr 2008 02:17:35 GMT
When Salim B. Lewis and his wife began building three suburban-style homes for the workers on their farm, they didn’t realize they were wading into a regulatory brawl.

West Side Redevelopment Plans Appear in Disarray Mon, 14 Apr 2008 02:59:18 GMT
Problems in developing the Far West Side, have been a disappointment for Mayor Michael R. Bloomberg, whose aides predict that many of the projects will still go forward.

NBC Tests Family Hour Boundaries Mon, 14 Apr 2008 02:55:56 GMT
It was almost as if the NBC comedy writers had decided to test the limits of prime time taste just as the network unveiled a family-friendly philosophy of scheduling.

Drilling Down: Even Credit Card Offers Are Ebbing Sun, 13 Apr 2008 22:35:15 GMT
A market research firm has found that banks in February sent out fewer direct mail credit card offer than in any month since April 2004.

Expecting Jabs, Tribune Decides to Mock Itself Sun, 13 Apr 2008 21:28:55 GMT
Last week, the Tribune Company took an unorthodox approach to announcing a new top hire at the company, in a release that said, “this whole thing is a sham.”

Treasury Auctions Set for This Week Sun, 13 Apr 2008 21:21:23 GMT
The Treasury’s schedule of financing this week included today’s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday.

Looking Ahead: The Week’s Major Economic Reports Sun, 13 Apr 2008 21:18:32 GMT
ECONOMIC REPORTS It is a big week for economic news, led Wednesday by the Consumer Price Index for March and the Federal Reserve’s beige book report. They should give a snapshot of economic growth versus inflation.

The Media Equation: Dirty Job, but Someone Has to Do It Sun, 13 Apr 2008 21:53:30 GMT
The Smoking Gun, the Web site that specializes in ferreting out embarrassing legal documents, is a happy byproduct of the digital revolution.

News Analysis: For CBS, Long-Simmering Troubles That One Star Couldn’t Solve Sat, 12 Apr 2008 05:08:15 GMT
If a journalism class of the future is asked to identify low points in the vaunted history of CBS News, it might do well to examine the second week of April 2008.

Rising to His Defense, Pellicano Is Done Quickly Sat, 12 Apr 2008 05:44:12 GMT
Mounting his own defense, Anthony Pellicano, the accused wiretapper-to-the-stars on trial for racketeering, called a single witness and was as puzzling as ever.

Today In Business: TiVO Patent Suit Sat, 12 Apr 2008 04:56:41 GMT
TiVo said on Friday that a federal appeals court had denied EchoStar’s request to have a panel of judges rehear arguments related to their long-standing patent dispute, bringing the case closer to a resolution.

Robert Greene, 78, Dies; Investigative Journalist Sat, 12 Apr 2008 10:46:42 GMT
Mr. Greene led teams that won two Pulitzer Prizes, one for stories following the murder of a journalist in Arizona and the other for reporting on the heroin trade.

Couric’s Fate Was Topic A in CBS Suite Fri, 11 Apr 2008 15:38:53 GMT
A discussion in February about Katie Couric’s future as the anchor of the “CBS Evening News” threatened on Thursday to turn her into a virtual lame duck in the job.

Judge Rejects Banks' Request in Clear Channel Case Sat, 12 Apr 2008 04:39:19 GMT
A Texas judge rejected a request by a group of banks in a dispute over the buyout of Clear Channel to throw out a lawsuit against them and set a June 2 trial date.

Parts of Rather’s Suit Against CBS Dismissed Fri, 11 Apr 2008 06:47:49 GMT
The judge, setting aside Dan Rather individual claims, said, however, that Mr. Rather could continue to pursue his claim that CBS, as an entity, had breached its contract.

Advertising: Creative Spots, Courtesy of a Stalled Economy Fri, 11 Apr 2008 07:10:44 GMT
Since the fall, many marketers have been appealing to worried consumers by acknowledging that times are tough.

New Leader in Late-Night TV Ratings Fri, 11 Apr 2008 06:10:59 GMT
For the first time, Craig Ferguson, the CBS late-night host whose program follows David Letterman on weeknights, has won a ratings contest against NBC’s late-night star, Conan O’Brien.

Talking Business: China Tries to Solve Its Brand X Blues Sat, 12 Apr 2008 05:53:35 GMT
Even as the West fears Chinese manufacturing, China fears Western brands and marketing.

Market Values: Woes Here. Opportunity Elsewhere. Sat, 12 Apr 2008 06:05:45 GMT
Despite declines on foreign markets, experts still advise to look into foreign investments as a way to hedge one’s bets against the bumpy days of the U.S. economy.

Saab Builds Its Future Around Its Fighter Sat, 12 Apr 2008 04:39:10 GMT
The Gripen, a multi-role combat aircraft, has become Saab’s flagship, with recent deals in Thailand, the Czech Republic, Hungary and South Africa.

Priests Are Driving Force Behind Samsung Inquiry Fri, 11 Apr 2008 22:13:59 GMT
Since October, the country’s priests, quoting the Bible, have urged South Koreans to join in their effort to fight presumed corruption at Samsung.

MySpace Signs Deal to Aim Its Content for Overseas TV Fri, 11 Apr 2008 06:48:15 GMT
MySpace has signed a deal with a British-based production firm, ShineReveille International.

Two Issues Combine to Scuttle an Aerospace Takeover Fri, 11 Apr 2008 06:38:40 GMT
Concerns about national security laws in the United States and sensitivities over Canada’s control of its Arctic lands blocked a takeover of Canada’s largest space equipment company.

Court Faults Britain for Halting Arms Deal Inquiry Fri, 11 Apr 2008 07:11:37 GMT
The British High Court ruled that prosecutors investigating accusations of corruption in a BAE arms deal with Saudi Arabia acted unlawfully when they dropped the inquiry.

Yuan Hits Milestone Against Dollar Fri, 11 Apr 2008 05:57:54 GMT
For the first time in over a decade, the dollar bought less than 7 yuan, a milestone that is just the latest sign of China’s growing economic power.

Japanese Drug Company Bids for U.S. Biotech Firm Fri, 11 Apr 2008 06:40:23 GMT
Japan’s Takeda Pharmaceutical has agreed to pay $8.8 billion in cash for Millennium Pharmaceuticals, one of the earliest American genomics companies.

Britain Cuts a Key Rate, but European Bank Holds Fast Fri, 11 Apr 2008 13:01:27 GMT
The European bank said that the economy of the euro zone remained resilient despite months of financial market volatility in the U.S. that now appears to be creeping into Britain.

Global Forum Calls for New Financial Controls Fri, 11 Apr 2008 07:12:15 GMT
A global team of financial regulators and ministers is calling for for more oversight by the world’s banks and investment institutions caught up in a global credit crisis.

I.M.F. Lowers Its Forecast for the U.S. Thu, 10 Apr 2008 19:56:27 GMT
The United States is headed for a recession, dragging world economic growth down along with it, the I.M.F. concluded in a sobering new forecast.

Mexico Proposes Limited Overhaul of State Oil Monopoly Thu, 10 Apr 2008 04:31:57 GMT
The limited measures proposed by President Felipe Calderón effectively ended expectations that Mexico would soon open important parts of its energy industry.

A Fourth Budget Carrier Halts Operations Thu, 10 Apr 2008 04:47:19 GMT
Oasis Hong Kong Airlines, a long-haul budget carrier that tried to offer premium service and spacious seats at low prices, suddenly went into liquidation on Wednesday.

Ending Humbling Impasse, Japan Approves Bank Chief Thu, 10 Apr 2008 04:41:56 GMT
The Japanese Parliament approved Masaaki Shirakawa as central bank governor, ending a stand-off that had left the bank without a chief at a time of global financial difficulty.

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