Week of May 8, 2006
Iranian President Mahmoud Ahmadinejad sends a letter to President Bush - in
what is seen as an overture for direct talks about Tehran’s nuclear program. It’s
not taken seriously by the Bush Administration.
A news report reveals that the National Security Agency has secretly assembled
the telephone records of tens of millions of Americans and that millions of calls
were tracked.
An explosion at a ruptured oil pipeline ignites a fire that kills at least 20 in Nigeria.
Pittsburgh Steelers legend Lynn Swann is campaigning for governor of
Pennsylvania - looking to unseat Democratic incumbent Ed Rendell.
The Fed raises its benchmark interest rate to 5%.
Merck & Co. says that patients who stopped taking arthritis drug Vioxx for one
year after taking it in an earlier trial had no greater risk of heart attacks and
strokes than patients who took placebos during the same study.
Passing - Boxing great
Floyd
Patterson
(71).
Business - Walt Disney Co will no longer
tie-in with MacDonald’s Happy Meals as
the association ends after 10 years.
Technology - Nintendo shows off its new
game machine called Wii - a relatively
basic machine that offers none of the
multimedia bells and whistles of Xbox
360 or Sony’s PlayStation 3. The
company is only aiming at casual players
and families.
Apple Computer wins its dispute after a
British judge denies a request by a
Beatles company to stop the computer maker from using an apple logo on its
ITunes Music store.
