Poll Question Stirs Debate on Meaning of 'Values'
Date: 06 November 2004
By Jim Rutenberg
Jim Rutenberg
Citing a major Election Day poll that found ''moral values'' ranked at the top of the list of issues that swayed the national electorate, some news organizations have portrayed matters like same-sex marriage and abortion as the sleeper factors of a campaign fought mostly over war, jobs, health care and terrorism. Democrats have looked at the data as evidence that they desperately need to do a better job connecting with cultural traditionalists. Conservative groups have used the survey data to make a case that mainstream America agrees with the conservative agenda that Mr. Bush now claims a mandate to enact.
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A Risqué Ad on the Bus, if You Speak Hip-Hop
Date: 06 November 2004
By Anthony Ramirez
Anthony Ramirez
Metropolitan Transportation Authority pulls 118 billboards on its buses and subway cars when it learns that phrase on advertisement for Akademiks clothing designer was sexual innuendo; photo (M)
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KEYCORP UNIT MAY BE DISCIPLINED FOR LATE TRADING
Date: 06 November 2004
By Bloomberg News
Bloomberg News
KeyCorp, Ohio banking company, says NASD, securities industry regulatory body, might recommend disciplinary action aganist its McDonald Investments unit after internal review finds evidence of late trading in some of its mutual funds (S)
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FEDEX WILL RAISE DELIVERY RATES, STARTING IN JANUARY
Date: 06 November 2004
By Bloomberg News
Bloomberg News
FedEx Corp will raise rates for air services and for ground deliveries in 2005; adjusts fuel-related fees because of higher oil prices (S)
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SUN MICROSYSTEMS NARROWS ITS FIRST-QUARTER LOSS
Date: 06 November 2004
By Bloomberg News
Bloomberg News
Sun Microsystems completed its accounting of a settlement with the Eastman Kodak Company, resulting in a narrower first-quarter loss, the company said yesterday. The loss for the period ended Sept. 30 was $147 million, or 4 cents a share, the company said in a filing with the Securities and Exchange Commission. Sun, the maker of servers that run corporate computer networks, reported a loss of $174 million, or 5 cents a share, on Oct. 14. Sun agreed to pay Kodak $92 million after a jury determined that Sun's Java programming language infringed patents that Kodak bought in 1997 from Wang Laboratories.
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HUBBELL PLACES CHIEF FINANCIAL OFFICER ON PAID LEAVE
Date: 06 November 2004
By Bloomberg News
Bloomberg News
Hubbell, a maker of electrical products, said its chief financial officer, William T. Tolley, had been placed on paid administrative leave amid an investigation into a restatement of his former employer's financial results in 2000. Mr. Tolley received a letter from the Securities and Exchange Commission that said the agency's staff was recommending that a civil injunction action be filed for violations of federal securities laws, the company said in an S.E.C. filing. The investigation does not involve Hubbell, the company said. Mr. Tolley is the former chief financial officer of the Chesapeake Corporation, which reduced 2000 earnings by $5.4 million because of accounting errors. Hubbell, based in Orange, Conn., named its chief accounting officer, Gregory F. Covino, as in interim successor to Mr. Tolley. Mr. Tolley could not be reached for comment.
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World Business Briefing | Asia: Indonesia: Sale Of Bank Stakes
Date: 06 November 2004
By Bloomberg News
Bloomberg News
Indonesian government plans to sell its remaining stakes in several banks by end of year for 10.68 trillion rupiah ($1.17 billion) as part of plan to finance budget deficit; photo (S)
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Judge Approves a WorldCom Settlement
Date: 06 November 2004
By Bloomberg News
Bloomberg News
Judge Denise Cote approves $2.6 billion settlement of class-action suit on behalf of more than 170,000 WorldCom investors who claimed they were defrauded by Citigroup (S)
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Berkshire Links Drop in Earnings to Storms
Date: 06 November 2004
By Bloomberg News
Bloomberg News
Berkshire Hathaway's profit falls 37 percent, to $1.14 billion, in third quarter after hurricanes hammer its insurance units (S)
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NEWS SUMMARY
Date: 07 November 2004
INTERNATIONAL 3-24 Shiite Parties Feud in Iraq Established and powerful Shiite parties in Iraq are feuding, causing their leading cleric to try to pull them together in time for the country's first democratic elections, in an effort to ensure that the Shiites clearly dominate the new government. 1 Violence erupted in Samarra, the Iraq city that the Americans thought they had pacified a month ago, as Falluja, the rebel-held city, is on the brink of being invaded by tens of thousands of American soldiers and Marines. 14 An Afghan Election Success The efforts of local officials and American and central support in one of the most troubled provinces in Afghanistan produced a relatively peaceful presidential election, with a high voter turnout, raising hopes for the local and parliamentary elections planned for the spring. 24 9 French Killed in Ivory Coast Aerial bombings by two government warplanes killed nine French peacekeepers, as well as an American citizen, near the northern town of Bouaké. The French retaliated within minutes by shooting down the two Russian-made Sukhoi 25 jets, apparently under orders from French President Jacques Chirac. 22 Iran's Nuclear Case Foreign Minister Li Zhaoxing of China said that it will oppose efforts aimed at referring Iran's case to the United Nations Security Council over its nuclear program. In Paris, European diplomats reported that they are making progress in talks with Iran over incentives to curb its nuclear program. 24 Macedonia Faces Referendum Macedonians will vote in a referendum that is likely to determine whether a three-year-old peace agreement to end ethnic violence in the former Yugoslav state will remain in place. 22 NATIONAL 25-39 Bush Prepares for Changes President Bush's aides are preparing the groundwork to move ahead with his plans to overhaul the tax code and Social Security, as cabinet members await signals from him about who will remain on his second-term team, Republican advisers and officials said. 34 Drug Plan Wording The nation's insurance commissioners say the Bush administration has made misleading statements about the new Medicare drug benefit in an effort to persuade people to sign up. 25 Struggling Democrats The Democratic Party emerged from last week's elections struggling over what it stands for, anxious about its political future and bewildered about how to compete with a Republican Party that some Democrats say may be headed for a period of electoral dominance. 1 Supreme Court Life Proceeds Life at the Supreme Court has proceeded without a sense of crisis but with a sense of sadness and uncertainty in the two weeks that Chief Justice William H. Rehnquist has been treated for thyroid cancer. 25 A Headstone, at Last The grave of an unidentified infant killed in Texas in a hurricane in 1919 and not buried until 1990 now has a headstone. 25 OBITUARIES 48 NEW YORK/REGION 41-47 Party Emerges Triumphant The Working Families Party got a little-known candidate elected as district attorney in Albany County, established itself as an emerging political force in New York State. 46 Filtered Water Now Kosher Plumbers in Brooklyn, Manhattan and Queens have been summoned to install water filters after rabbis in Brooklyn spotted a tiny crustacean swimming in New York City's tap water last spring that rendered the city's water unkosher. 41 Neediest Cases 50 Chess 47
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