2 Equity Firms to Acquire Petco
Date: 15 July 2006
By Bloomberg News
Bloomberg News
By Bloomberg News.
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15th of July 2006 News
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Balm Gives Pitchers Homespun Blister Aid
Date: 16 July 2006
By Bloomberg News
Bloomberg News
Los Angeles Dodgers’ head athletic trainer Stan Johnston's homemade balm has helped pitchers throughout baseball deal with burns and blisters.
Start Spreading the News
Date: 16 July 2006
Actress Carole Schweid letter about July 2 article says Broadway needs media exposure, not branding
News Summary
Date: 15 July 2006
INTERNATIONAL A2-7 Hezbollah's Base in Beirut Is Hit by Israeli Airstrike The face-off between Israel and the Lebanese group Hezbollah escalated as Israeli jets hit its Beirut headquarters and Israeli news reports said a Hezbollah drone aircraft packed with explosives struck an Israeli naval vessel, causing severe damage. A1 The Lebanese government, caught between the international community, which has demanded that it disarm Hezbollah, and the militant party, which has sought to usurp the government's authority, finds itself in a quandry on how to respond to the violence. A6 The Iraqi Shiite cleric Moktada al-Sadr said Iraqis would not ''sit by with folded hands'' as Israel struck at Lebanon, signaling a possible rise in attacks from his militia. A6 A Global Nuclear Tracking Deal President Bush and President Vladimir V. Putin of Rusia will announce a new global program to track potential nuclear terrorists, detect and lock up bomb-making materials, and coordinate their responses if terrorists obtain a weapon, according to administration officials who have negotiated the deal. A8 Mr. Bush met with some of Mr. Putin's most persistent critics in a signal of concern to his uneasy ally about the tenuous state of democracy in Russia. A8 Indian Premier Scolds Pakistan The Indian prime minister, Manmohan Singh, scolded Pakistan for failing to rein in terrorism and warned that it threatened the peace process, his toughest remarks since the Mumbai train bombings and a marked shift in relations between the countries. A3 A suicide bomber struck in the Pakistani port city of Karachi, killing a prominent Shiite leader, his nephew and a security guard, officials and the local news media said. A3 Chad Reaches Deal on Oil Wealth The World Bank has reached an agreement with Chad over how to spend the profits of the nation's booming oil industry, with Chad promising to earmark 70 percent of the money to fight poverty. A8 Candidate Defiant in Mexico Andrés Manuel López Obrador, the embattled leftist Mexican presidential candidate, said he would never concede defeat even if a recount of all ballots upheld a victory for his opponent, Felipe Calderón. A2 U.S.-Kyrgyz Base Agreement The United States and Kyrgyzstan signed an agreement to allow American and allied military aircraft to continue using an air base in the former Soviet republic to support operations in Afghanistan, government officials said. A2 Coalition of Rivals in Ukraine In a shift in Ukraine's political landscape, President Viktor A. Yushchenko's pro-Western party said it would consider joining a coalition with its pro-Russian archrival. A4 NATIONAL A9-12 16 Missouri Says It Can't Hire Doctor for Executions The State of Missouri, facing a deadline for changing the way it executes condemned prisoners by lethal injection, told a federal judge that it is simply unable to meet his demand that the state hire a board certified anesthesiologist to oversee executions there. A1 Courts Rule on Same-Sex Unions Opponents of same-sex marriage won victories in Nebraska and Tennessee, with courts in both states siding with efforts to amend state constitutions to prohibi such unions. A9 Critics Oppose Bush's Plan Critics of the Bush administration's program for wiretapping without warrants said that they would fight a new White House agreement to let a secret court decide the constitutionality of the operation. A10 No Reopening Date for Tunnel Gov. Mitt Romney of Massachusetts said that inspectors continue to find trouble spots in a Big Dig tunnel where a woman was killed by a three-ton concrete ceiling tile and that the tunnel will be reopened in phases. A12 Religion Journal A12 EDUCATION Students Perform Equally The federal Education Department reported that fourth graders attending public schools did as well or better than comparable children in private schools in math and reading. Among eighth graders, children in public schools did worse than comparable children in private schools in reading, but not in math. A11 SCIENCE/HEALTH Crews Wrap Up Operations The crews of the space shuttle Discovery and the International Space Station busily wrapped up a week of joint operations. A10 NEW YORK/REGION B1-5 Fugitive Becomes Folk Hero As Manhunt Intensifies Ralph Phillips escaped from a county jail near Buffalo in April, with four days left on a 90-day sentence for violating his parole. Since his escape -- he used a can opener to pry a hole in the ceiling of the jailhouse kitchen -- he has become something of a local folk hero, despite a huge manhunt that intensified after a state trooper was shot. A1 More Apologies for Drug Use John M. Fabrizi, the mayor of Bridgeport, Conn., apologized for his drug abuse problem at an ''Ask the Mayor'' session and later promised to perform a self-imposed penalty -- community service, like any other first-time drug offender. B1 SPORTSSATURDAY D1-6 U.S. Soccer Coach Steps Aside Eight-years after taking the reins as manager of the United States men's national soccer team, Bruce Arena, left, will not return. Sunil Gulati, president of the United States Soccer Federation, said during a telephone conference call that a worldwide search will soon begin for Arena's replacement. D1 A sports tribunal demoted Juventus, Italy's most storied soccer club and reigning champion, along with clubs Fiorentina and Lazio from the country's top league and slapped each with varying point penalties for their role in a game-fixing scandal that has transfixed the country. D5 OBITUARIES A13 Raja Rao An internationally renowned novelist who was among the first major Indian writers to cajole the English language into conveying the distinctive cadences of his native country, he was 97. A13 BUSINESS DAY C1-9 Stocks Continue Decline Stocks deepened their losses for the week yesterday and oil prices inched closer to $80 a barrel as the conflict in the Middle East hung over commodities and equities markets. C1 G.M. Begins Alliance Talk Carlos Ghosn, who runs Renault and Nissan, and Rick Wagoner, chief executive of General Motors, were finally set to meet Friday night in talks aimed at exploring a broad global alliance for their auto companies. C1 Underwear Business Soars National retailers are leaping into the intimate apparel business for the first time or significantly expanding their presence in it. And with apparel sales slow but steady, the high-profit undergarment business is looking ever more appealing. C1 Business Digest C2 EDITORIAL A14-15 Editorials: Playing Hamas's game; the hand that rocks the pump; why Newark matters; watching the watchers. Columns: Maureen Dowd, John Tierney. Bridge B15 Crossword B14 TV Listings B16 Weather D8
Business Briefs: Options Charges for Broadcom
Date: 15 July 2006
By Bloomberg News
Bloomberg News
Computer chip maker Broadcom Corporation will incur additonal $750 million in costs to account for stock option grants from 2000 to 2002 (S)
Business Briefs: Hertz Plans Share Sale
Date: 15 July 2006
By Bloomberg News
Bloomberg News
Hertz Global Holdings plans to sell as much as $1 billion of shares to public after being acquired by group led by Clayton, Dubilier & Rice Inc; proceeds will be used to pay off debt (S)
Business Briefs: Oneida To Be Acquired
Date: 15 July 2006
By Bloomberg News
Bloomberg News
Flatware, glass and china maker Oneida agrees to be acquired by shareholders DE Shaw Laminar Portfolios and Xerion Capital Partners for $225.5 million; buyers agree to pay company's bank claims in unsolicited bid (S)
2 Equity Firms to Acquire Petco
Date: 15 July 2006
By Bloomberg News
Bloomberg News
Texas Pacific Group and Leonard Green & Partners will acquire Petco Animal Supplies for $1.68 billion; Petco is second-largest pet-supplies retailer in country; American Pet Products Manufacturers Association says Americans will spend estimated $38.4 billion this year on their pets (M)
Business Briefs: Bail For Milberg Weiss Lawyers
Date: 15 July 2006
By Bloomberg News
Bloomberg News
Two lawyers with Milberg Weiss Bershad & Schulman, indicted in May for paying more than $11 million in illegal kickbacks to plaintiffs, were granted bail yesterday in their first court appearance in the case. Milberg Weiss, winner of more than $45 billion for investors in securities-fraud cases, and two partners, Steven Schulman, 55, and David Bershad, 66, were charged in a 20-count indictment including counts of mail fraud and conspiracy. Bail for Mr. Bershad was set at $3.5 million and for Mr. Schulman at $2 million by Judge Margaret Nagle in United States District Court in Los Angeles.
The Good News About Job Cuts (and the Bad)
Date: 16 July 2006
By Hubert B. Herring
Hubert
Outplacement firm Challenger Gray & Christmas reports planned job cuts for June are 39 percent lower than June last year but 25 percent higher than May this year; graph (S)