Tuesday, November 22, 2005

turkey week news

WASHINGTON (Reuters) - U.S. regulators have asked Roche AG for more information about the deaths of 12 children who took the flu-fighting drug Tamiflu, saying in a report released on Thursday that the cause of the deaths was "extremely difficult to interpret."

Sunni, Shiite and Kurdish leaders call for a troop withdrawal timetable at an Arab League conference in Egypt; denounce terror acts against Iraqi civilians (FOX NEWS)

WASHINGTON (AP) - An Iranian exile who opposes his country's Islamic government said Monday that Iran's military is building a series of secret tunnels to hide equipment for missiles capable of carrying nuclear warheads.(AP)

Mahmoud Ahmadinejad's clearout of his opponents began last month but is more sweeping than previously understood and has reached almost every branch of government, the Guardian has learned. Dozens of deputy ministers have been sacked this month in several government departments, as well the heads of the state insurance and privatisation organisations. Last week, seven state bank presidents were dismissed in what an Iranian source described as "a coup d'état". (the Guardian)

Parliament approved a bill Sunday requiring the government to block international inspections of its atomic facilities if the U.N. nuclear monitoring agency refers Iran to the Security Council for possible sanctions. (AP)

Match.com, a unit of IAC/Interactive Corp. is accused in a federal lawsuit of goading members into renewing their subscriptions through bogus romantic e-mails sent out by company employees. In some instances, the suit contends, people on the Match payroll even went on sham dates with subscribers as a marketing ploy.

Nov. 18 (Bloomberg) -- Cisco Systems Inc. agreed to buy Scientific-Atlanta Inc. for $6.9 billion, adding the second- largest U.S. maker of set-top boxes for cable television and tapping into the growing market for Internet TV.

November 21, 2005 -- RICHMOND, Va. — U.S. District Judge James R. Spencer wasn't exactly exuding Southern hospitality when he greeted attorneys in the long-running BlackBerry patent battle. Three years ago, a jury decided against the maker of the wireless e-mail device, Research In Motion, but Spencer held off on an injunction that could have shut down service in the U.S. (NY POST)

…the magic stopped working so well. The big stocks that had contributed heavily to the 500 index's runaway rise suffered some outsized losses when the bullish bubble burst. In the last five years through the middle of this week, the Vanguard 500 fund has declined 0.6 percent a year. Over the same stretch, the average of all long-term mutual funds tracked by Bloomberg has gained 4.2 percent a year. (Chet Currier BLOOMBERG)

For the second year in a row, this destitute city has been named the nation's most dangerous, according to a company's annual ranking based on crime statistics…..The city took the top spot last year from Detroit, which remained No. 2 in the most dangerous city rankings, to be released Monday by Morgan Quitno Press. The Lawrence, Kan.-based company publishes "City Crime Rankings," an annual reference book. (AP)

November 22, 2005 -- Apple Computer Inc.'s iTunes online store is the seventh-largest music retailer in the U.S., breaking into the top 10 during the 3rd quarter for the first time, according to researcher NPD Group Inc. (NYPOST)

Eliot Spitzer dropped criminal charges against an ex-CIBC executive accused of aiding improper fund trading, marking a retreat by the New York attorney general. (WSJ)

Most US Manufacturers say they face moderate or severe shortages of skilled workers, according to a survey by Deloitte.(WSJ)

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