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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 10, 2006
Page
8
Google announces an all stock deal to acquire YouTube for 1.65 billion, uniting a marquee Internet company with a rising video platform. YouTube also signs three copyright related agreements with media firms as Google’s purchase underscores online video growth.
Gov. Kathleen Blanco seeks a $1 billion program to ease insurance costs for Louisiana homeowners. The plan would issue refund checks to cover average posthurricane rate increases of 15 percent, funded partly by selling remaining 1998 tobacco settlement shares and requires legislative approval and a constitutional change.
United Nations members condemned North Korea for underground atomic testing and urged a return to talks. President Bush called it a threat to international peace, while the Security Council considers sanctions targeting North Korea’s nuclear and ballistic programs. Russia alone questioned the claim while the United States and allies push for tough measures and diplomacy.
Edmund S. Phelps, 73, a Columbia University economist, is named winner of the 2006 Nobel Memorial Prize in Economic Sciences for theories on unemployment and job decisions. The Royal Swedish Academy of Sciences announced the award in Stockholm. Phelps plans to teach his Columbia class and share champagne with colleagues.
gunmen killed Gen Amir al Hashimi brother of Vice President Ta al Hashimi at his home in Baghdad The attack marks a third massacre of the Sunni politician's siblings this year Sectarian violence prompts Sunni calls for a crackdown Iraqi police base faces suspected mass poisoning tied to Ramadan meal amid insurgent fears
American attorneys representing victims in Brazil's worst air disaster say they are conducting their own investigation to determine responsibility and seek compensation for 154 deaths. Lexi Hazam of Leiff Cabraser Hamber & Bernstein leads the effort supervised by Hans-Peter Graf, former head investigator for the Swiss Aviation Authority.
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