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Home >US News Archive  > Year 2005  > December  > 23 December 2005

US News Archive for December 2005:
2005
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Congress enjoyed a good, but not great, year
Congress finished some perennial projects in 2005 -- like energy, highway and bankruptcy bills -- but stumbled over or ignored some of President Bush's priorities, such as Social Security. "It was not a year for, obviously, enactment or even action on tier-one issues," The Heritage Foundation's Michael Franc...
CNN - December 23, 2005
Alito Defended Wiretap Protections in 1984 Memo
The attorney general should be immune from lawsuits over illegal wiretaps, Samuel A. Alito Jr. wrote in a 1984 memorandum...
New York Times - December 23, 2005
Damon's New Look: Short Hair and Pinstripes
Johnny Damon, his long trademark locks newly shorn, donned the blue pinstripes of his former archrival New York Yankees for the first time today...
New York Times - December 23, 2005
Castro slams 'mad' US change plan
Cuba's leader says Condoleezza Rice is "mad", amid US moves to promote change on the island...
BBC News - December 23, 2005
China to try NY Times researcher
China is to prosecute a New York Times researcher on charges of leaking state secrets, his lawyer says...
BBC News - December 23, 2005
Peru signs off Fujimori charges
Peru approves charges on which to seek the extradition of former President Alberto Fujimori from Chile...
BBC News - December 23, 2005
Holiday travelers head out
More than 60 million Americans are en route to holiday destinations, and nearly all of them will be on the roadways. More than 51 million are predicted to hit the roads this season...
CNN - December 23, 2005
Italy warrants for 22 'CIA agents'
An Italian judge has issued European arrest warrants for 22 purported CIA agents alleged to have kidnapped an Egyptian-born Muslim cleric -- Osama Nasr Mostafa Hassan, also known as Abu Omar -- in Milan in 2003, a prosecutor says...
CNN - December 23, 2005
Alito called for overturning Roe
Supreme Court nominee Samuel Alito wrote in a June 1985 memo that the landmark Roe v. Wade ruling legalizing abortion should be overturned. The government "should make clear that we disagree with Roe v. Wade and would welcome the opportunity to brief the issue of whether, and if so to what extent, that decision should be overruled," Alito wrote...
CNN - December 23, 2005
Most Riders Are Relieved, Some Thrilled, by Return to Routine
Whatever their experience during the past three days, for most riders, the sound of the subway this morning spelled relief...
New York Times - December 23, 2005
New York's Subways and Buses Operating on Normal Schedules
The morning rush returned to normal today as striking transit workers returned to work for the first morning commute in four days...
New York Times - December 23, 2005
NBC Takes Control of MSNBC, Reducing Microsoft Role
NBC Universal announced today that it had reached a deal to acquire majority control of MSNBC, the 24-hour cable TV news network, from Microsoft...
New York Times - December 23, 2005
Government Finds Seesaw View of Housing Market
Sales of new homes fell in November from a record-setting pace, and the number of homes for sale touched a new high...
New York Times - December 23, 2005
Private Equity Firm Agrees to Buy Hilfiger
Tommy Hilfiger, the clothier whose fashions have gone from country club preppy to hip-hop baggy and back again, agreed to be bought for $1.6 billion by Apax Partners...
New York Times - December 23, 2005
When Argentina hit rock bottom
Argentina's worst ever crisis in 2001 was followed by a remarkable recovery, but the country still faces big challenges...
BBC News - December 23, 2005
Google and Microsoft settle row
Google and Microsoft reach an out of court settlement over Google's controversial hiring of a former Microsoft executive...
BBC News - December 23, 2005
Airliners boost US durable goods
New purchases of US made commercial aircraft fuel a larger-than-expected rise in durable goods orders...
BBC News - December 23, 2005
Christmas tree felled by fire law
Rhode Island's state Christmas tree turns brown, loses its needles and dies after being sprayed with fire retardants...
BBC News - December 23, 2005
Scientist in 'faking' row quits
Researcher Hwang Woo-suk apologized and resigned from a South Korean university after the school announced that he fabricated results in stem-cell research that had raised hopes of new cures for hard-to-treat diseases. The Seoul government said it may end the team's funding...
CNN - December 23, 2005
Rumsfeld: Bush OKs combat troop cuts
President Bush has authorized a reduction in U.S. combat troops in Iraq, Secretary of Defense Donald Rumsfeld said Friday during a town hall meeting at Camp Falluja, Iraq...
CNN - December 23, 2005
NYC transit on move again
Buses and subways in New York City were on the move again early today after the city's 33,000 mass transit workers returned to their posts following a three-day strike, although negotiations with the Metropolitan Transportation Authority continue...
CNN - December 23, 2005
With Deal Reached, Normal Commutes Return
For the first morning commute in four days, subways and buses operated on normal schedules and the morning rush returned to its normal hectic pace...
New York Times - December 23, 2005
Amid Growing Wealth, Nepotism and Nationalism in Kazakhstan
Fueled with growing wealth from energy exports, Kazakhstan's economy reflects an intermingling of politics and business, and widespread corruption...
New York Times - December 23, 2005
Approval Process of Generic Drugs Still Not Set
The federal government still needs to figure out how to approve generic versions of biotechnology medicines...
New York Times - December 23, 2005
Talks to Buy Sensor Maker
Bain Capital, the private equity firm, is near a deal to acquire the sensors and controls unit of Texas Instruments for more than $2.4 billion, executives involved in the deal said last night...
New York Times - December 23, 2005
Jury Sides With Taser in Arizona Case
PHOENIX, Dec. 23 (AP) - An Arizona jury rejected claims on Thursday that Taser International failed to adequately warn users of the potential dangers of its stun guns...
New York Times - December 23, 2005
French Assembly Moves to Legalize File Sharing
A session of the French National Assembly voted to add amendments to an antipiracy law that would allow peer-to-peer sharing of films and music over the Internet...
New York Times - December 23, 2005
Rivals Laying Siege to Amgen's Near Monopoly in Anemia Drugs
A host of companies - ranging from the Swiss giant Roche to Silicon Valley start-ups - are gearing up to compete against Amgen's near monopoly in anemia drugs...
New York Times - December 23, 2005
Brazil pays Paris Club debt early
Brazil announces another early repayment of international debt - this time to the Paris Club of creditor nations...
BBC News - December 23, 2005
Panel says stem cell work faked
An expert panel from Seoul National University has said that South Korean researcher Hwang Woo-suk falsified results of nine of 11 stem cell lines he claimed to have created, casting more doubts on breakthrough claims he made in the U.S. journal Science in May...
CNN - December 23, 2005
Patriot Act gets one-month extension
The Senate briefly convened Thursday and passed a bill extending controversial provisions of the USA Patriot Act just a few hours after the House voted to extend them for one month, five months fewer than the Senate proposed Wednesday night...
CNN - December 23, 2005
Workers Choose to Come Back and Talk
Transit officials said they expected the system to be running at nearly full capacity by Friday morning's rush...
New York Times - December 23, 2005
From Back-Channel Contacts, Blueprint for a Deal
The journey from standoff to resolution involved mediation, behind-the-scenes headway and back-channel communications...
New York Times - December 23, 2005
Grudging Praise for an Absent System
The end of the strike left many New Yorkers thinking one of those only-in-New-York thoughts: a subway car is a beautiful thing...
New York Times - December 23, 2005
The System: The Slow, Ponderous Process of Restarting the Wheels
The announcement that transit workers would return to work was not accompanied by the kind of flick of a switch that sets a model railroad in motion...
New York Times - December 23, 2005
Insider: Fidelity Stands Alone in Its Stand on Research Costs
WITH great fanfare, Fidelity Investments announced recently that it would revolutionize how it paid Wall Street for research and trading by separating the cost of research from the cost of trading. Traditionally, trading and research costs have been tied together, making regulators and some fund directors nervous because it is not clear what exactly is included in an all-included price...
New York Times - December 23, 2005
Decline in Jobless Claims Helps the Market Edge Higher
By The Associated Press...
New York Times - December 23, 2005
Advertising: Promoting Platinum as the Diamond Alternative
The U.S. marketing arm of the platinum industry wants to convince the soon-to-be wed that platinum, the priciest jewelry metal, is also the most desirable...
New York Times - December 23, 2005
2 Sued on Trading Charges
By Bloomberg News...
New York Times - December 23, 2005
Fund Manager Pleads Guilty
WASHINGTON, Dec 22 (Reuters) - The Securities and Exchange Commission said Thursday that a hedge fund manager, Scott Sacane, had pleaded guilty to investment adviser fraud in a case prosecuted by the United States attorney's office in New Haven...
New York Times - December 23, 2005
Albertson's May Still Sell Some Assets
By Reuters...
New York Times - December 23, 2005
Proposal to Oust Sovereign Bancorp Board
By Bloomberg News...
New York Times - December 23, 2005
G.E. Unit to Acquire an Office Landlord
By Reuters...
New York Times - December 23, 2005
Consumer Spending Gains; Unemployment Claims Fall
Consumers increased spending moderately in November even though the growth in their incomes slowed a bit, the Commerce Department reported...
New York Times - December 23, 2005
Market Place: New Test May Cut Customer Base for Cardiac Implants
Late Wednesday, Medicare proposed a plan that could portend new limits on the market for implants that regulate heart rhythms...
New York Times - December 23, 2005
Placer Dome Agrees to Sweetened Barrick Bid
Barrick Gold has agreed to acquire Placer Dome after improving its offer to $10.4 billion in a deal that would create the world's biggest gold producer...
New York Times - December 23, 2005
Bonus Fever on London's Wall Street
At pubs, restaurants and office parties in the City, all the talk has been on the bonuses that are being lavished on bankers and traders...
New York Times - December 23, 2005
Ford Workers Approve Health Deal
DETROIT, Dec. 22 (AP) - Hourly workers at the Ford Motor Company narrowly approved on Thursday an agreement that would require hourly workers and retirees to pay more for their health care, the United Auto Workers union said...
New York Times - December 23, 2005
Kuwait to Pour More Money Into China Oil
Kuwait is planning a major investment in China's oil industry on top of a deal already being negotiated to build a $5 billion refinery and petrochemical plant in southern China...
New York Times - December 23, 2005
Executive's Article Revives Feud With Prosecutor
In an op-ed article in The Wall Street Journal, John C. Whitehead, a former chairman of Goldman Sachs, accused Eliot Spitzer, the New York attorney general, of declaring "war between us."...
New York Times - December 23, 2005
Family Tier at Comcast
By Reuters...
New York Times - December 23, 2005
On Opinion Page, a Lobby's Hand Is Often Unseen
Organizations like the Institute for Policy Innovation are facing new and uncomfortable scrutiny over their links to special interest groups...
New York Times - December 23, 2005
Microsoft and Google Settle Dispute
Microsoft said that it had reached a settlement with its rival Google and a former employee, ending a legal battle that had exposed behind-the-scenes rancor between the two companies...
New York Times - December 23, 2005
Foreigners May Soon Play a Part in Kuwait Oil
Thirty years after foreign oil companies were expelled from Kuwait, the state is close to opening its lucrative oil production business again to outsiders...
New York Times - December 23, 2005
Microsoft Is Warned by Europe
The European Commission turned up the heat on Microsoft, threatening to fine it more than $2 million a day unless it agrees to share more technical information with competitors...
New York Times - December 23, 2005
$8 Billion Deal Said to Be in Works for Tech Company
A consortium of investment firms is in talks to acquire Affiliated Computer Services, a technology outsourcing company with such clients as General Electric and McDonald's...
New York Times - December 23, 2005
Jury Rules Wal-Mart Must Pay $172 Million Over Meal Breaks
The world's largest retailer was fined for failing to provide meal breaks to nearly 116,000 hourly workers...
New York Times - December 23, 2005
A Crossroads for Europe's Central Bank
The European Central Bank faces a potentially crucial change in its senior leadership, as German officials confirmed that Jürgen Stark, a prominent central banker, would be nominated to the bank's executive board...
New York Times - December 23, 2005
Judge Orders Lucent to Pay $224 Million
A federal bankruptcy judge has ruled that Lucent Technologies must pay $224 million, plus other costs, to the creditors of Winstar Communications...
New York Times - December 23, 2005
Deal Is Said to Be Set for Hilfiger
Tommy Hilfiger, the clothier whose fashions have gone from preppy to hip-hop baggy and back again, agreed to be bought for $1.54 billion by Apax Partners...
New York Times - December 23, 2005
A Biotech Battle Royal
A host of companies are developing anemia drugs to compete against Amgen's near monopoly in anemia drugs...
New York Times - December 23, 2005
Wal-Mart must pay staff $172m
Wal-Mart is ordered to pay $172m (£99m) in compensation to workers who were refused lunch breaks...
BBC News - December 23, 2005
Call for Puerto Rico referendum
A presidential task force calls for a referendum on Puerto Rico's status as a US commonwealth...
BBC News - December 23, 2005
 
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WILL LIFTING THE BAN ON GAYS SERVING OPENLY IN THE MILITARY HELP OUR SECURITY?
NO, IT WILL JUST ADD TO THE DECLINE OF OUR MORAL FOUNDATIONS.
YES, THERE WILL BE MORE PEOPLE WHO CAN SERVE IN THE MILITARY.
IT WILL HAVE NO SIGNIFICANT IMPACT ON THE MILITARY, BUT IT GIVES A GOVERNMENT STAMP OF APPROVAL TO HOMOSEXUALITY.
NOT SURE.
 
 

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