News 2008-04-14 Andanh.com

Delta and Northwest in $3 Billion Deal Tue, 15 Apr 2008 02:55:30 GMT
The boards of Delta Air Lines and Northwest Airlines announced a deal late Monday that will create the world’s biggest airline and probably trigger other airlines to pursue mergers of their own.

Retailing Chains Caught in a Wave of Bankruptcies Tue, 15 Apr 2008 02:27:20 GMT
A consumer spending slump and tightening credit markets are prompting thousands of store closings that are expected to remake shopping districts across the country.

News Analysis: Fuel Choices, Food Crises and Finger-Pointing Tue, 15 Apr 2008 02:49:49 GMT
Biofuels are fast becoming a new flash point in global diplomacy, putting pressure on Western politicians to reconsider their policies.

Surprise Loss at Wachovia Stirs Profit-Season Unease Tue, 15 Apr 2008 02:55:30 GMT
The red ink at Wachovia, the country’s fourth-largest bank, signals that the pain for the financial industry is far from over.

Wall Streeter Converts to a Fan of Regulation Tue, 15 Apr 2008 02:55:29 GMT
Robert K. Steel’s apparent conversion to the merits of regulation illustrates how the laissez-faire bones of the Bush administration have been rattled by the trauma of the credit crisis.

Bridging the Gap, the Sequel Tue, 15 Apr 2008 02:55:30 GMT
Only 350 miles separate the two California business cultures, but executives are once more trying to bridge the gap between technology and entertainment.

Hostile Blockbuster Bid Scorned by Circuit City Tue, 15 Apr 2008 02:10:34 GMT
Circuit City said it doubted that Blockbuster could find adequate financing to seal the deal, despite assurances that Carl C. Icahn, would provide support.

Chrysler and Nissan Agree to a Vehicle-Building Pact Tue, 15 Apr 2008 02:13:51 GMT
The deal is limited to two products, but analysts say Chrysler and Nissan could eventually join forces in many areas of their operations to become more competitive.

Tesla Motors Files Suit Against Competitor Over Design Ideas Tue, 15 Apr 2008 02:14:08 GMT
The quarrel between the companies sheds a light on the insular world of Silicon Valley’s investors in environmentally friendly technologies.

Top Hard-Drive Maker Files Suit Against Rival Tue, 15 Apr 2008 02:10:50 GMT
Seagate Technology made a pre-emptive strike against STEC, an emerging competitor, claiming that the latter’s solid-state drive products violate four Seagate patents.

New Ways to Store Solar Energy for Nighttime and Cloudy Days Tue, 15 Apr 2008 02:35:58 GMT
Solar thermal systems are built to gather heat from the sun and then store the heat for hours or even days, like water behind a dam.

The Last Frontier of Flying Tue, 15 Apr 2008 01:08:55 GMT
In Alaska, flying in a small plane to remote parts of the huge state can be deadly; in 2007, there were 104 aircraft accidents and 30 deaths in the state.

On the Road: Going Getting Rough? Time to Get Some Help Tue, 15 Apr 2008 01:13:12 GMT
Repeat after me the next time you arrive at the entrance of an airport: Abandon all hope ye who enter here.

Advertising: On the Edge of Impropriety, Ryanair Builds Its Image Tue, 15 Apr 2008 02:10:31 GMT
The European airline, which has a history of provocative marketing stunts, has drawn some unwanted attention lately — from a French court and the British advertising watchdog.

Two Journalists Are Released in Iraq Tue, 15 Apr 2008 02:20:04 GMT
Two journalists, one the victim of a kidnapping, the other held by American forces, won their liberty on Monday.

J.K. Rowling, in Court, Assails Potter Lexicon Mon, 14 Apr 2008 23:46:49 GMT
The author testified in a Manhattan courtroom against a fan accused of stealing her work in a reference guide.

Citing Ethics, Some Doctors Are Rejecting Industry Pay Tue, 15 Apr 2008 02:24:59 GMT
The decisions of a small group of scientists to stop accepting payment from food, drug and medical device companies repudiate decades of industry influence.

Drug Fails to Slow Nerve Damage Tue, 15 Apr 2008 02:44:04 GMT
Genentech and Biogen Idec’s cancer drug Rituxan did not slow the disabling effects of the most difficult form of multiple sclerosis in a large clinical trial.

Chief Resigns at General Re as Federal Pressure Rises Tue, 15 Apr 2008 02:16:23 GMT
Joseph P. Brandon, the chairman and chief executive of the insurance company, resigned under pressure on Monday. The company said its president, Franklin Montross, will succeed him.

Justices Decline ‘Zoloft Defense’ Case Mon, 14 Apr 2008 17:45:25 GMT
The Supreme Court declined to review the sentence of a South Carolina teen-ager whose lawyers blamed the antidepressant in his killing of his grandparents.

Philips Profit Down Sharply as TV Sales Lag Tue, 15 Apr 2008 02:20:25 GMT
The Dutch company said falling television sales in North America offset growth in its health care and lighting industries during the first quarter.

Stocks & Bonds: Indexes Post Small Drops, but Banks Take Bigger Hits Tue, 15 Apr 2008 02:15:39 GMT
Stocks finished a quiet session moderately lower Monday after Wachovia surprised investors with disappointing quarterly results.

First-Quarter Earnings Dropped 79% at Bear Stearns Tue, 15 Apr 2008 02:16:22 GMT
Earnings for the quarter showed that the bank was able to stay profitable even as the tight credit market worsened. Yet the results were just shy of Wall Street’s projections.

Bond Insurer Ponders Its Options Tue, 15 Apr 2008 02:15:35 GMT
FGIC, a money-losing bond insurer owned by the Blackstone Group and the PMI Group, is seeking investors and may consider selling the company.

Hedge Fund Founder Given 20 Years for Investor Fraud Tue, 15 Apr 2008 02:10:40 GMT
Samuel Israel III, the founder of the hedge fund Bayou Group, was sentenced for his role in a scheme that cheated investors out of more than $400 million.

Memo From Surgeon: Office Hours Don’t Include Midflight Tue, 15 Apr 2008 02:15:29 GMT
In a medical office setting, there are specific protocols that are followed. But on a plane all bets are off.

Memo Pad Tue, 15 Apr 2008 02:15:32 GMT
American Airlines became the last of the major network carriers to join in a new across-the-board fare increase.

Dealbook: A Recluse Lifts the Veil Just a Little Tue, 15 Apr 2008 02:55:28 GMT
Stephen A. Feinberg, the reclusive founder of Cerberus Capital Management and the money man some hope will save Detroit, is no Gordon Gekko.

Military Agrees to Release A.P. Photographer Mon, 14 Apr 2008 22:09:59 GMT
The United States military said that it would release Bilal Hussein, an Associated Press photographer who has been jailed in Iraq without trial for two years on accusations of terrorism and kidnapping.

At CBS, Bad News Doesn’t End at 7 Mon, 14 Apr 2008 17:01:27 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.

Link by Link: He Wrote 200,000 Books (but Computers Did Some of the Work) Mon, 14 Apr 2008 17:03:07 GMT
A professor has developed computer algorithms that collect publicly available information on a given subject, turn them into books, printed on demand or delivered digitally.

Advertising: Tibet Backers Show China Value of P.R. Mon, 14 Apr 2008 16:00:32 GMT
With the Olympics in mind, China has been exploring American-style public relations approaches.

Singing McCain’s Praises, or Joking? Mon, 14 Apr 2008 04:46:35 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.

Off New York Streets, Film Piracy Is Online Mon, 14 Apr 2008 03:51:24 GMT
While bootlegged DVDs are harder to find on the streets of New York, worldwide and on the Internet, video piracy remains rampant.

A Funnier-Than-Usual Journal Gets Snapped Up Early Mon, 14 Apr 2008 03:48:06 GMT
A satire of The Wall Street Journal is selling mysteriously well, a few days before its sales release date.

Expecting Jabs, Tribune Decides to Mock Itself Mon, 14 Apr 2008 03:46:37 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.”

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.

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.

The Media Equation: Dirty Job, but Someone Has to Do It Mon, 14 Apr 2008 03:33:59 GMT
The Smoking Gun, the Web site that specializes in ferreting out embarrassing legal documents, is a happy byproduct of the digital revolution.

Housing Woes in U.S. Spread Around Globe Mon, 14 Apr 2008 17:20:44 GMT
From Ireland to India, housing markets that soared over the last decade are falling back to earth.

Germany Nears Deal to Sell Stake in Railroad Mon, 14 Apr 2008 21:07:29 GMT
After months of disagreement, Germany’s coalition of conservative and Social Democrats appeared close to a deal Monday to sell to private investors 25 percent of Deutsche Bahn.

Finance Ministers Emphasize Food Crisis Over Credit Crisis Mon, 14 Apr 2008 06:02:02 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.

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