News 2008-06-19 Andanh.com

Dearth of Ships Delays Drilling of Offshore Oil Thu, 19 Jun 2008 04:22:21 GMT
Samsung Heavy Industries of South Korea is among the companies building drilling ships.

Bush Calls for End to Ban on Offshore Oil Drilling Thu, 19 Jun 2008 03:50:37 GMT
President Bush, flanked by Secretary of the Interior Dirk Kempthorne, left, and Secretary of Energy Samuel W. Bodman, called to end the federal ban on offshore oil drilling on Wednesday.

Audit Says Tanker Deal Is Flawed Thu, 19 Jun 2008 03:35:56 GMT
EADS and Northrop Grumman won out in February with plans for a refueling tanker, in a rendering above with a B-2 bomber.

Fallout From Bad Loans Rocks Regional Banks Thu, 19 Jun 2008 03:42:58 GMT
Regional banks across the nation are being shaken to the core by the mortgage crisis. For many of them, things are going from bad to worse.

Release of Generic Lipitor Is Delayed Thu, 19 Jun 2008 03:33:47 GMT
The cholesterol medication Lipitor is the world’s top drug, with $12.7 billion in sales last year.

The Catch Phrase Is ‘à La Carte’ as Airlines Push Additional Fees Thu, 19 Jun 2008 03:37:29 GMT
Airlines are adding fees and surcharges on top of rising fares. They would like travelers to embrace them as “à la carte pricing.”

DreamWorks Founders Seek a Chance to Move On Thu, 19 Jun 2008 03:44:28 GMT
David Geffen and Steven Spielberg, above, began DreamWorks in 1994. It was purchased by Viacom in 2005 for $1.6 billion.

Most Doctors Aren’t Using Electronic Health Records Thu, 19 Jun 2008 03:47:09 GMT
Dr. Paul Feldan, one of three doctors in a New Jersey practice, said switching to electronic records did not make economic sense.

U.S. and China Agree to Ease Foreign Investment Thu, 19 Jun 2008 03:50:38 GMT
Wang Qishan, a Chinese vice premier, and the Treasury secretary, Henry Paulson, at the Naval Academy in Annapolis.

Chief Leaving Hearst After Dispute Thu, 19 Jun 2008 03:44:56 GMT
Victor F. Ganzi is leaving the publishing empire after nearly 30 years because of irreconcilable differences with its board of trustees over the company’s future, Hearst said.

Driving Less, Americans Finally React to Sting of Gas Prices, a Study Says Thu, 19 Jun 2008 04:15:31 GMT
A new report says the slowdown in the economy and soaring gasoline prices have finally persuaded Americans to drive fewer miles in fewer gas-guzzling vehicles.

Advertising: Sustaining a Rally in Women’s Tennis Thu, 19 Jun 2008 03:59:37 GMT
A print advertisement from the Sony Ericsson WTA Tour’s global campaign.

Entrepreneurial Edge: Keeping the Water Pure Is Suddenly in Demand Thu, 19 Jun 2008 03:52:30 GMT
Victor Herrera, a technician, testing quality at Puretec Industrial Water, which makes equipment for highly filtered water.

Broader Role for Federal Reserve Sought Thu, 19 Jun 2008 02:38:24 GMT
Treasury Secretary Henry M. Paulson Jr., in a speech on Thursday, will ask policy makers to move swiftly to give greater tools and authority to the Federal Reserve to handle financial crises.

H.P. to Reorganize Its Printing Division Thu, 19 Jun 2008 04:01:30 GMT
Hewlett-Packard said it would reorganize its printing division, the company’s crown jewel, to try to accelerate the growth of its corporate and consumer printing services businesses.

Trading Hurts Morgan Stanley Profits Thu, 19 Jun 2008 03:49:39 GMT
With its core securities trading business feeling the tight credit market, the investment bank reported a 58 percent fall in quarterly profit. The results were broadly in line with analysts’ expectations.

Chemical Maker Files Suit to Block Its $10.6 Billion Merger Thu, 19 Jun 2008 03:51:06 GMT
Hexion Specialty Chemicals, a chemical maker owned by the buyout firm Apollo Management, sued the Huntsman Corporation to end their $10.6 billion merger.

Trouble in Financials Drags Down Shares Thu, 19 Jun 2008 04:01:07 GMT
Wall Street sank for the second consecutive day on renewed concerns about the financial sector and FedEx’s warning on profits for the coming year.

Fifth Third Bank to Raise $2 Billion Wed, 18 Jun 2008 12:57:19 GMT
The large regional bank also said that it would slash its dividend by 66 percent to deal with mounting credit losses.

After Loss, FedEx Issues a Cautious Forecast Thu, 19 Jun 2008 03:59:00 GMT
FedEx reported a fourth-quarter loss and offered a gloomy outlook as it wrestled with a slumping American economy and soaring fuel costs.

World Business Briefing: Germany: Daimler Selects Plant Site Thu, 19 Jun 2008 03:48:21 GMT
Daimler will invest 800 million euros ($1.2 billion) and create up to 2,500 jobs at a new assembly plant in Hungary to expand its range of Mercedes-Benz compacts to four models from two, the company said.

World Business Briefing: Japan: Early Retirement Offer at Citigroup Unit Thu, 19 Jun 2008 03:48:49 GMT
Citigroup has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as it retreats from consumer lending in Japan.

World Business Briefing: Sweden: Profit Up at Clothing Retailer Thu, 19 Jun 2008 03:49:11 GMT
Hennes & Mauritz, the Swedish fashion retailer, reported a 14 percent increase in second-quarter profit, helped by an increase in sales and lower buying costs.

New York Court Offers Home Foreclosure Help Thu, 19 Jun 2008 02:54:18 GMT
Homeowners in New York who face foreclosures would be offered help by the courts under a new program announced by the state’s chief judge.

Tons of PCBs May Come Calling at a Down-at-the-Heels Texas City Thu, 19 Jun 2008 03:58:54 GMT
If a French-owned waste management company has its way, the Port Arthur, Tex., area will be the final destination for 40 million pounds of toxins from Mexico.

Democrats Vow to Block Plan to Sell Airport Slots Thu, 19 Jun 2008 03:57:35 GMT
Democrats said that congestion at New York-area airports was a result of Republican mismanagement and that the Bush administration’s plans to auction landing slots would be a blow to the public and the airlines.

News Analysis: Will $4 Gasoline Trump a 27-Year-Old Ban? Thu, 19 Jun 2008 03:42:34 GMT
As President Bush makes a push for offshore energy drilling, the question is whether Americans are feeling enough pain at the pump to force their leaders to go along.

Deals With Iraq Are Set to Bring Oil Giants Back Thu, 19 Jun 2008 04:23:34 GMT
Oil fields in the Iraqi province of Basra. Iraq produces about 2.5 million barrels of oil per day.

China Cracks Down on Drug Companies Thu, 19 Jun 2008 04:15:19 GMT
The announcement that China had punished companies linked to performance-enhancing drugs was heralded as evidence that it was determined to host a clean Olympics.

McCain Sets Goal of 45 New Nuclear Reactors by 2030 Thu, 19 Jun 2008 03:02:27 GMT
Senator John McCain, in his third straight day of speeches about energy and $4-a-gallon gasoline, called the goal “as difficult as it is necessary.”

Idea of Offshore Drilling Seems to Be Spreading Thu, 19 Jun 2008 03:31:02 GMT
In Florida, minds once closed to offshore drilling have been cracked open by prospects of safer drilling technology and an awareness that dependency on foreign oil has heavy costs.

Russert’s Son Sounds a Theme of Unity at Funeral Thu, 19 Jun 2008 04:05:28 GMT
Maureen Orth, Tim Russert's widow, center, and their son, Luke, watched as Mr. Russert's casket was carried from Holy Trinity Church in Washington on Wednesday following a funeral mass.

How Big Is ‘Tiger Effect’? Networks Will Soon Learn Thu, 19 Jun 2008 04:30:40 GMT
Disappointment among network executives and sponsors was palpable after the news that Tiger Woods will be gone from golf for the rest of the year.

State of the Art: Grocery Shopping Made Easy Thu, 19 Jun 2008 03:38:51 GMT

Spielberg Said to Be Seeking Deal Wed, 18 Jun 2008 17:56:16 GMT
Steven Spielberg’s DreamWorks SKG film studio is in discussions with Reliance Entertainment, part of one of the largest conglomerates in India, about a cash infusion.

TV Decoder: Traditional Media Not Dead Yet Wed, 18 Jun 2008 16:14:50 GMT
A study finds that ads appearing in traditional media like television are still “much more likely” to have made a positive impression with consumers than ads running in digital media.

Advertising: Crude? So What? These Characters Still Find Work in Ads Wed, 18 Jun 2008 04:00:33 GMT
In a Coca-Cola commercial, balloon versions of the “Family Guy” character Stewie and Underdog fought for a Coke.

At Social Site, Only the Businesslike Need Apply Wed, 18 Jun 2008 19:08:51 GMT

U.S. Will Lag in Tech Growth, Study Says Wed, 18 Jun 2008 03:55:33 GMT
While marketers and advertisers have much to cheer in the coming digital revolution, the fastest growth will be in emerging markets, with the United States lagging behind.

Judge Sharply Dismisses Former Gossip Writer’s Suit Wed, 18 Jun 2008 04:35:04 GMT
A judge dismissed a suit by a former New York Post gossip writer who accused Senator Hillary Rodham Clinton and Bill Clinton, The Daily News and others of conspiring to ruin his reputation.

F.C.C. Chief Backs Satellite Radio Merger Tue, 17 Jun 2008 04:17:23 GMT
The decision is an important step forward for the proposed merger of Sirius and XM.

Advertising: On the Stump, for Consumers Tue, 17 Jun 2008 04:25:37 GMT
Among the companies that have adopted political themes for their ads are Svedka vodka.

After 38 Years, ‘Soul Train’ Gets New Owner Tue, 17 Jun 2008 04:15:06 GMT
In 1972, before the moonwalk and other vogues, the Jackson Five showed the fashion of the time as they entertained fans on “Soul Train.”

McClatchy Plans to Cut 1,400 Newspaper Jobs Tue, 17 Jun 2008 04:26:03 GMT
The announced job cuts amount to 10 percent of the work force at the newspaper chain, which has been hit harder than most because it relies heavily on the troubled California and Florida markets.

EMI’s New Boss Sees Cracks in Music World Mon, 16 Jun 2008 04:46:23 GMT
Guy Hands, the chief of the private equity firm Terra Firma, right, is seeking to make a success of the British recording company EMI, which has distributed the work of artists like the Beatles, left.

With Tim Russert’s Death, NBC News Must Replace a Man of Many Roles Mon, 16 Jun 2008 17:19:48 GMT
Tim Russert appeared across NBC’s political news programs.

Small Publishers Feel Power of Amazon’s ‘Buy’ Button Mon, 16 Jun 2008 21:06:22 GMT
Amazon makes it harder for buyers to purchase books from those publishers with whom it is in dispute over the terms of the division of revenue from online sales.

MySpace Might Have Friends, but It Wants Ad Money Mon, 16 Jun 2008 17:31:18 GMT
An ad for the new Batman film will be on the home page of MySpace on Wednesday.

NBC Universal Brings Oxygen Into the Fold Mon, 16 Jun 2008 03:54:45 GMT
Tori Spelling and her husband, Dean McDermott, with son, Liam, have a reality show on the Oxygen channel.

Advertising: Remote Clicks That Do More Than Just Change Channels Mon, 16 Jun 2008 04:03:45 GMT
An ambitious effort to take interactive television into American homes is expanding after a test of the system began at a single station last month.

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