China Places Limits on Lending to Soften Downturn
Date: 15 June 2006
By Bloomberg News
Bloomberg News
China's government stepped up efforts to cool the world's fastest-growing major economy as investment rose the most in almost two years in the first five months.
Full Article
Sweeney’s Welcome News
Date: 15 June 2006
By The New York Times
Representative John Sweeney, a Republican whose tough re-election race has garnered national attention, received some encouraging news in a campaign that has been beset by setbacks.
Full Article
Oracle Exceeds Forecasts
Date: 16 June 2006
By Bloomberg News
Bloomberg News
Oracle Corporation reports fourth-quarter profit and revenue exceeded forecasts due to rising sales of database licenses; sales rose 25 percent, to $4.85 billion in period that ended May 31 (S)
Full Article
Asbestos Claims to Be Settled
Date: 16 June 2006
By Bloomberg News
Bloomberg News
Asbestos Claims to Be Settled.
Full Article
Senate Judiciary Committee Approves Flag-Burning Measure
Date: 16 June 2006
By Bloomberg News
Bloomberg News
The Senate Judiciary Committee approved a constitutional amendment that would empower Congress to outlaw flag burning. The measure has already been approved by a two-thirds majority in the House. To become part of the Constitution, it must be passed by the same margin in the Senate and ratified by 38 state legislatures. In 1989, the Supreme Court voted 5 to 4 to strike a Texas law that barred flag burning, ruling that the law restricted freedom of expression guaranteed by the Constitution. Supporters argued yesterday that the proposed amendment would restore the power of Congress -- rather than unelected judges -- to decide the flag-burning issue.
Full Article
Heinz Plans Campaign Against Shareholder
Date: 16 June 2006
By Bloomberg News
Bloomberg News
Heinz Plans Campaign Against Shareholder.
Full Article
Oracle Exceeds Forecasts
Date: 16 June 2006
By Bloomberg News
Bloomberg News
The Oracle Corporation said that fourth-quarter profit and revenue exceeded forecasts on rising sales of database licenses.
Full Article
News Summary
Date: 15 June 2006
INTERNATIONAL A3-13 Bush Making Push at Home And Abroad for Iraq Efforts Seeking political momentum from his surprise trip to Baghdad, President Bush warned Democrats that an early withdrawal of troops would set back counterterrorism efforts, and promised to send American diplomats to press countries to make good on $13 billion in pledges toward rebuilding Iraq. A1 On the first day of the new government's security regime in Baghdad, soldiers and police officers took up positions, while Iraqis went about their business, wondering what, if anything, would be different. A13 Afghans' Release Sought An Afghan government delegation to Guantánamo Bay, Cuba, said about half of the 94 Afghans being held there were not guilty of serious crimes and should be released. A12 After the three suicides at Guantánamo, the respectful reception for a former detainee, Moazzam Begg -- whom the Pentagon still portrays as a terrorist -- is one of many markers of the waning credibility of Washington's detention policies. A1 Palestinians Protest Back Pay Palestinian civil servants stormed the parliament building in the West Bank demanding back pay, in the second violent protest this week at parliament, underscoring growing pressure on the Hamas government on several fronts. A10 Offer to Iran Omitted Penalties When a formal incentives package by the six powers to encourage Iran to curb its nuclear program was presented in writing in Tehran, it omitted a long list of potential punishments should Iran reject it, according to senior officials familiar with the package. A3 NATIONAL A14-21 Officials Seeking Source Of Lethal Heroin Mixture Police and health authorities are struggling to track down the source of a doctored, intensely powerful heroin that has killed many in and around Chicago and Detroit and sent hundreds more to hospitals in cities from St. Louis to Philadelphia. A14 Wealthier to Displace the Poor Federal housing officials said over 5,000 public housing apartments for the poor are to be demolished in New Orleans and replaced by developments for residents with a wider range of incomes. A16 Rove Decision Relieves Bush President Bush said he ''took a sigh of relief'' when federal prosecutors decided this week not to indict Karl Rove, his top political adviser, in the C.I.A. leak case. Mr. Bush voiced full support for Mr. Rove, but otherwise declined to go into the details of the investigation. A19 SCIENCE/HEALTH Genetics to Explain Behavior Studies that suggest a connection between DNA makeup and certain behaviors are causing many people to blame genetics for their shortcomings. Genes seem to influence whether a person is fat, for example, has a gift for dance or may become addicted to cigarettes. A1 Bush Plans National Monument President Bush will create the world's largest protected marine area, designating as a national monument a 1,200-mile chain of small Hawaiian islands and surrounding waters and reefs that are home to a spectacular array of sea life, senior administration officials said last night. A14 NEW YORK/REGION B1-8 Rampage Followed Attack In Subway, Police Say A man suspected of stabbing a tourist from Texas on a downtown C train then went on a 13-hour rampage through Manhattan, the police said, plunging a knife into three more people and terrorizing workers at a late-night grocery store. He was arrested after a doorman and cabbies who had seen one of the attacks called 911 on their cellphones as they followed him. A1 Ruling on 9/11 Detentions A federal judge in Brooklyn ruled that the government has wide latitude under immigration law to detain noncitizens on the basis of religion, race or national origin, and to hold them indefinitely without explanation. But the judge allowed the class-action lawsuit that prompted the ruling -- filed by Muslim immigrants detained after 9/11 -- to continue on other claims. B1 Crime Rises, but Not in City Violent crime rose last year in cities and even in some quiet suburbs in the New York, New Jersey and Connecticut region, according to preliminary statistics released by the Federal Bureau of Investigation. The increases were such that New York City, which saw decreases in violent crime and murders, appeared to be an oasis of relative calm. B1 SPORTSTHURSDAY D1-8 1st Woman Joins Bowling Tour Kelly Kulick, a 29-year-old from Union, N.J., who works part time in her father's auto body shop in neighboring Elizabeth, became the first woman to qualify for a season-long exemption on the Professional Bowlers Association Tour, a 20-event circuit that begins in October. A1 BUSINESS DAY C1-15 Inflation Worries Analysts When the government reported that the core measure of consumer prices edged up 0.3 percent in May and was up 2.4 percent from 12 months earlier, analysts greeted the numbers as uniformly bad -- a far cry from how such news would have been viewed in decades past. A1 Tribune Breakup Urged A boardroom feud at the Tribune Company escalated as the Chandler family, one of the largest shareholders, called for a breakup of the company, the latest sign of the growing pressure on newspapers. C1 Business Digest C2 EDITORIAL A22-23 Editorials: A leap of faith, off a cliff; running Hoover's railroad; the journalist as scapegoat; Donald Hall, poet laureate. Columns: David Brooks, Bob Herbert. Bridge E6 Crossword E2 Obituaries C16 TV Listings E12 Weather A20
Full Article
Senate Judiciary Committee Approves Flag-Burning Measure
Date: 16 June 2006
By Bloomberg News
Bloomberg News
The Senate Judiciary Committee approved a constitutional amendment that would empower Congress to outlaw flag burning.
Full Article