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PARIS — Radovan Karadzic, one of the creation’s most-wanted war criminals for his part in the massacre of almost 8,000 Muslim men and boys in Srebrenica in 1995, was arrested Monday in a raid that ended a 13-year manhunt.

Serge Brammertz, the prosecutor of the U.N. war-crimes tribunal in The Hague, hailed the arrest as an material step in bringing to justice the architect of Europe’s quell massacre since World War II. He said Karadzic, 63, the Bosnian Serb president during the war there between 1992 and 1995, would have existence transferred to The Hague in “to be ascribed course.”

“This is a very important day for the victims who have waited for this arrest for over a decade,” Brammertz declared. “It is also an serious day for between nations justice because it clearly demonstrates that nobody is beyond the reach of the law and that sooner or later every one of fugitives will be brought to justice.”

Karadzic’s alleged partner in the persecution and “purifying” of tens of thousands of Bosnian Muslims and Croats, former Bosnian Serb military especial Ratko Mladic, remains at large.

Karadzic’s place of arrest was not announced, but Serbian ruling power officials said Karadzic had been arrested through the Serbian shrouded police not far from Belgrade, Serbia’s capital. Officials from President Boris Tadic’s office before-mentioned Karadzic had appeared before any investigative judge at Serbia’s war-crimes court, a prerequisite for his delivery to The Hague.

Karadzic, a nationalist hero among Serbian radicals and one of the tribunal’s most-wanted criminals for more than a decade, is aforesaid to have eluded engross for so extended by shaving his signature mane of gray hair and disguising himself in a brown cassock.

His reported hide-outs included refurbished caves in the mountains of oriental Bosnia and Serbian Orthodox monasteries. Before his national career, he was a healing doctor who worked as a psychiatrist in Sarajevo, Bosnia’s capital.

Hague and European Union officials have long suspected he was hiding in Serbia and have pressed Belgrade to hand him upper. The failure to engross Karadzic and Mladic has long stood as a fill up to greater Serbian ties to the EU after the wars in Bosnia and later Kosovo.

The regime he led stands accused of enacting a policy that came to be known as ethnic cleansing — driving Muslim civilians from their homes, torching the land, killing and raping those who resisted. More than 200,000 people on everything sides of the conflict died.

In addition to genocide, Karadzic faces charges of extermination, murder, deportation, inhumane acts and other crimes against Muslim, Croat and other non-Serb Bosnian civilians. Men acting under his orders set up detention camps, the indictment alleges, where women were imprisoned and raped, where men were beaten and starved.

He was indicted in 1995, as the three-year Bosnian war came to an end, and quickly dropped from public sight.

“This is a historic event,” before-mentioned Richard Holbrooke, who in 1995 brokered the agreements to end the war in Bosnia. “Of the three most evil men of the Balkans, Milosevic, Karadzic, and Mladic, I thought Karadzic was the worst. The reason was that Karadzic was a certain racist believer. Karadzic really enjoyed ordering the killing of Muslims, whereas Milosevic was some opportunist.”

PITTSBURGH The sister of a woman accused of killing a pregnant woman and sarcastic a baby from her womb led police to the wrong unit when they went to search the suspect’s apartment, authorities said Monday.

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Officials were deciding whether to file charges in opposition to Andrea Curry-Demus’ sister, whose designation could not directly be verified.

Curry-Demus, 38, is charged through homicide, kidnapping and related charges in the death of Kia Johnson and in obtaining the infant.. She was conscious held at the Allegheny County jail, and authorities did not know whether she had an attorney.

Curry-Demus and Johnson apparently met at the jail last week while visiting different inmates, police said.

According to police, Curry-Demus initially told investigators that she paid $1,000 to a pregnant woman named Tina during her baby. Curry-Demus was taken into custody on a child endangerment charge. Authorities found Johnson’s dead body Friday after reporters at the apartment building called police about a foul odor.

Johnson may be in possession of been alive and was possibly drugged when the baby was ripped from her womb, commanding scholars said.

Authorities are awaiting toxicology tests, which are expected to fasten on several weeks, to determine whether Johnson had been drugged.

The baby is at West Penn Hospital. The Allegheny County medical investigator, Dr. Karl E. Williams, had said Saturday that the baby was “apparently doing well.”

A preliminary judicial examination instead of Curry-Demus had not been scheduled.

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Three Microsoft employees tossed at a loss the corporate hierarchy and pulled together to complete the ultimate team-building exercises: a seven-day, 150-mile race ultimate month across the Gobi Desert in remote Western China.

The Gobi March, character of a series of extreme-endurance events called RacingThePlanet, pits teams and individuals against mountain passes taken in the character of high as 10,000 feet, unanimated expanses of sun-baked desert, rocky riverbeds and deep gorges.

Debby Fry Wilson, an avid distance courier who has worked at Microsoft because 10 years, first read touching the race in Runner’s World two years ago.

The idea simmered in the back of her mind until one day, she and her boss, Orlando Ayala, were talking with regard to running, and he mentioned that a good intimate had done the Gobi March.

“Originally, the idea was to do it as individuals, as a private endeavor,” Fry Wilson said earlier this month. “… Over date we started to think about, could we do it as a team and in a way that combined it with our work mission?”

Ayala, Fry Wilson and a third courser, William Calarese, work upon a new Microsoft effort called Unlimited Potential. The post is to spread access to technology (and, eventually sales of Microsoft’s products) to the “next billion” people in emerging markets around the earth by 2015.

Their work involves new products and business models for people without the means, or inclination, to compensation developed-world prices during technology. It besides includes education and training programs and partnerships with governments and development groups.

Before they stable on the Gobi March, Fry Wilson, in true Microsoft fashion, brought her co-workers a PowerPoint presentation laying out hard, harder and hardest options for one endurance generality they could do together. “I did it in a way that we’d do in a business context,” she said.

Ayala was game. He chose the hardest option, the Gobi March, out of hesitation. “I think personality-wise, I’ve ever been attracted to crazy stuff,” he said.

The racers were already used to spending extended stretches together away from the office because of a demanding international travel schedule. But they quickly realized that to be prosperous in the Gobi, they had to hindrance go of the corporate manner of making that defined their work roles.

Ayala is a senior badness president. Fry Wilson, a more advanced instructor, reports to him. Calarese, a director, reports to her.

“We very much stuck to that the whole time,” Calarese said. “That probably took a little boring-tool of adjusting.”

An early quiz in financials lost steam, while oil prices rebounded on weather concerns, pushing equities lower

by David Bogoslaw

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Major U.S. capital indexes gave up early gains and finished lower on Monday, as a rally in financial stocks sputtered and oil prices showed more strength, overshadowing encouraging M&A mode of exercise and some better-than-expected earnings reports.

On Monday, the Dow Jones industrial average fell 29.23 points, or 0.25%, to 11,467.34. The broader S&P 500 inched down 0.68 points, or 0.05%, to end at 1,260.00. The tech-heavy Nasdaq composite index proficient down 3.25 points, or 0.14%, at 2,279.53.

Some apportion news helped lift the mood early Monday after Swiss pharmaceutical maker Roche Holdings AG (RHHBY) offered $43.7 billion in cash for the remaining shares of its U.S. biotech partner Genentech (DNA), adding to the 55.9% of the guests it already owns. The offer translates to $89 by participate in, 8.8% above Genentech’s closing price on Friday and 19% higher than the price a month ago. Roche is taking advantage of the weak U.S. dollar to get a bigger proportion of earnings from Genentech drugs such as Avastin, which treats cancer. The deal is expected to add to Roche’s earnings in the first year of full ownership.

But the drug sector got some saddening intelligence in the afternoon. Merck (MRK) and Schering-Plough (SGP) shares dropped after results from a clinical affliction showed not at all significant difference in reducing aortic valve disease between groups using the cholesterol drug Vytorin and those given placebos, but the subsidiary safety analyses showed greater instances of cancer among those treated by Vytorin. Earlier Monday, Schering postponed the release of its second-quarter financial results until after Monday’s place of traffic close, in lieu of the antecedently scheduled 8 a.m. EDT release. Also earlier, S&P maintained its hold estimation on Schering, and Goldman upheld its buy rating. Shares of Merck, Schering’s partner in Vytorin, were also from a thin to a dense state, but not as sharply as Schering.

Financial stocks came off highs of the session. Bank of America (BAC) shares rose on better-than-expected second-quarter earnings of 72 cents a partake, vs. $1.28 a share a year ago, as merger and restructuring costs offset a 3.5% rise in reward and a 26% arise in gin interest income. Analysts had projected earnings of 53 cents in the latest quarter. The embank said its provident measures for credit losses increased by $3.45 billion from a year ago to $6.55 billion. The latest results excluded Countrywide Financial Corp., what one. Bank of America acquired on July 1. Standard & Poor’s upgraded the stock to sell from strong take a bribe as antidote to.

A Securities and Exchange Commission’s juncture rule that limits short-selling of 19 financial stocks went into effect on Monday and boosted some of those stocks. Among the top gainers were home mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE).

Freddie Mac said it may hold fewer home loans from banks and bonds backed by housing debt to fortify its first-class amid record delinquencies. The company is also considering selling securities and cutting its share as it prepares to issue $5.5 billion of stock.

The recent bounce in financial stocks aside, the 87% small quantity in the S&P 500 Thrifts and Mortgage Finance Industry Index from peak to trough so far exceeds the peak-to-trough decline in the Nasdaq after the tech blob burst and “reflect[s] the outlook for more write-downs, asset sales, dividend cuts, dilutive capital infusions, bank failures, and the many years it testament take to go the financial sector profits to the levels of a year ago,” Jeffrey Kleintop, cheif market strategist at LPL Financial Research, said in his weekly emporium commentary published July 21.

A deep and prolonged recession, if it develops, combined with the abortion of some of the largest U.S. banks debt to trouble raising capital to meet requirements, would to subsist expected further depress prices in the monetary sector, Kleintop added. Speaking on CNBC on Monday, Treasury Secretary Henrry Paulson said the labor for one’s pains of five banks so far this year is quite small compared with the failure of more than 250 banks in the early 1980s.

Kleintop said the enter upon the credit side market isn’t reflecting worsening conditions, which are a necesary precursor to a prolonged credit crunch. He cited more accurate credit spreads in high-yield bonds than in mid-march when Bear Stearns failed. The pricing of credit default swaps show the credit markets are pricing in a lower risk of sleeveless errand by greater U.S. banks than in mid-March, and firms are becoming not so much averse to lend cash in short-term money markets, he added.

In other news Monday, Yahoo (YHOO) said it reached a settlement with activist investor Carl Icahn that will give him and two of his nominees seats on an expanded table of directors and avert a battle over control of the company that was expected at an Aug. 1 shareholders ballot. Under the agreement, eight members of the current board will seek re-election. Icahn will have being appointed to the board, and two other seats command be filled based on a list of nine candidates recommended by Icahn. With Robert Kotick planning to step below the horizon from the board, the diet self-reliance extremity up with 11 members in the rear of Icahn’s slate is added.

Oil prices broke greater than $130 a barrel and gained some constituent thanks to concerns that Tropical Storm Dolly, developing in the Gulf of Mexico, could turn into a hurricane, as well as from failed talks through Iran’s nuclear program over the weekend.

August WTI unrefined oil futures climbed as high as $132.05 before slipping back to calm $2.16 higher at $131.04 a barrel on Monday.

In a quiet week for new economic premises, the Index of Leading Economic Indicators slipped 0.1% in June, with positive contributions from building permits (+0.30), the yield bend. (0.21), and Institute for Supply Management deliveries (+0.09) offset by negative contributions from money supply (-0.27), stocks (-0.18) and jobless claims (-0.17).

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MONROE

Twenty-five-year-old Kyle Buress and 27-year-old Allen Pierce have been charged with second-degree burglary. Both remained in jail Monday with bail station at $10,000.

Police spokeswoman Debbie Willis says a break-in was discovered July 9 at a Fred Meyer outlet on Highway 2.

A direction camera showed brace people going from one storage container to another, and police followed a trail of cardboard and items from the containers to Burress and Pierce

Willis says they apparently had been drinking and adds, “I’d say a catalogue of spirits of wine was involved.”

Faced with rising costs and pickier customers, processed foodmakers find ways to boost their products’ seek reference of the case—and make price hikes stick

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by David Bogoslaw

From broth to nuts, these are difficult times during the term of food manufacturers. Spikes in energy prices have pushed up the costs of plastic packaging and transportation, while unprecedented surges in corn and wheat prices be obliged also taken a tax on profits. On the other side are cash-strapped consumers who are reining in spending or switching to cheaper private-label foods in an effort to stretch their paychecks.

Having already teased out costs end greater automation, shrinking inventory, and tighter logistics, manufacturers are at this moment looking as antidote to new ways to possess in continuance, or just keep, service margins. Although they have no excellent but to pass on higher costs to customers, they are now able to do it in smarter ways—by raising prices on only the least price-sensitive items instead of all yield lines or tailoring prices to sundry levels of demand in limited markets, for example. Foodmakers are also tweaking product presentation and packaging in an effort to boost sales volumes.

The weakened U.S. economy has actually created one benefit for the industry: a consumer shift to home-prepared meals and away from dining out. That’s boosting demand for a wider roving of specialty ingredients in stores as consumers try to reckon up more restaurant-style pizzazz to home-cooked meals.

Stephen Sibert, comptroller of the industry affairs group at the Grocery Manufacturers of America, a consortium of sustenance manufacturers, cites a rise in consumer buying of ingredients as opposed to prepared foods. "There’s a real opportunity for retailers and manufacturers to work in the same place to bring that consumer back to the kitchen or back to the pantry, and get that consumer’s confidence up again for preparing a multicourse dinner," Sibert says.

Based on feedback from its more frequent consumer research studies, Campbell Soup (CPB) is creating recipes that include 5 to 10 high-quality ingredients for easy-to-make, nutritional, and low-cost meals, says Mike Salzberg, president of its Campbell Sales subsidiary. Campbell is also doing more to educate consumers about the nutritional value of its V-8 and V-8 V-Fusion fruit-and-vegetable juices. And by working with retailers to reorganize store shelves in this way shoppers can easily distinguish 100% juices from those with less amount nutritional hold in high esteem, Campbell is seeing sales rise at what place they were flat in prior years.

"When…[consumers] penetrate more, they tend to purchase more, vs. getting frustrated and not buying at all," says Salzberg.

In one environment where higher prices are necessary, another trend has been to back up cost hikes by offering a higher-quality product that stands into two parts from its broader food category, such as edible grains or packaged cheese—a product that warrants a premium recompense in consumers’ eyes. That’s becoming easier as consumers’ preference for specialty and organic foods grows.

Bill Bishop, a principal at Willard Bishop Consulting, a Chicago firm that advises sustenance manufacturers, sees a growing trend to add value to what are basically article of merchandise products based on higher quality that can command higher prices. "If I’m the only guy who makes what you want and you need it to satisfy the needs of your customers, we’re going to have a variant excellence conversation than the other 10 [suppliers waiting] in line," he says. Kraft Foods’ (KFT) 2% Milk Natural Cheese, made without added growth hormones, and its high-fiber and protein-rich products under the South Beach Living brand are examples of this approach.

Another possible windfall from offering higher-quality, differentiated products: the chance to grab a comedy of the lucrative Gen Y market, which has shown a bigger appetite for specialty, heathen, and natural foods, according to Experian Research Services in New York.

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It might be just a coincidence. But every time it starts to get really hot around in this place, heads bake and new theories arise about the D.B. Cooper skyjacking.

The latest: In a new book, a Puyallup couple throws out the possibility that the famed hijacker may truly regard been Barb Dayton, who had undergone a sex-change operation two years earlier, unless dressed and acted allied a man during the hijacking to fool authorities.

Interesting notion, unless the FBI says it has slam-dunk proof to the contrary:

It turns out the suspect used the plane restroom before parachuting out the back door.

And he left the seat up.

Other Bad Mannerisms:

The Week’s Thinking-Ahead Award: King County is testing a just discovered 911 system that will allow people to recital emergencies with topic messages. We’re in no degree experts, but we’re guessing the most common text-messaged plea will be: “HLP-IM-ON-FI … “

Attention, Grieving Starbucks Lovers: If your local repository is one of 600 to close, our thoughts and prayers are with you.

Then Again: You could always just quit whining and be abroad to the one across the street.

News Bulletin for Sports Fans: Because of a Stage 1 burning edict imposed around Puget Sound, all burning of Clayton Bennett and Howard Schultz effigies should cease and desist until further notice.

Brown Trout Derby Update: There’s a big spat in Victoria, B.C., about whether a new floating restroom at Fisherman’s Wharf needs a city permit. Man, be able to you imagine the stones it takes against an apparatchik of a incorporated town that has dumped inexperienced sewage into the Strait of Juan de Fuca for more than a hundred years to be hassling the limited harbor order about a public-toilet permit?

Maybe They Can Land One Of Ours: Seattle’s own million-dollar automated public toilets went on the eBay auction block this week. Starting bidding price: $89,000. Not bad, considering each single in kind comes through its own hooker.

HONOLULU Rescue crews were searching a enormous area of floating debris and a splendor of oil Monday for mob members of an Air Force B-52 bomber that crashed off the island of Guam, officials said.

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At minutest two canaille from the bomber’s six-man crew were recovered from the waters, but their condition was not immediately available, the Coast Guard said.

Six vessels, three helicopters, two F-15 fighter jets and a B-52 bomber were involved in the search, which had covered about 70 square miles of ocean, said Coast Guard spokeswoman Lt. Elizabeth Buendia.

“We have an active search that’s going to go on from head to foot the night,” she said Monday. The Navy, Coast Guard, Air Force and local fervency and police departments were involved.

The B-52 bomber based at Barksdale Air Force Base in Louisiana was en route to conduct a flyover in a parade when it crashed right and left 9:45 a.m. Monday about 30 miles northwest of Apra Harbor, the Air Force said.

The Liberation Day parade celebrates the day when the U.S. militia arrived on Guam to retake control of the island from Japan.

The Air Force said a board of officers will investigate the calamity.

The misfortune is the second for the Air Force this year on Guam, a U.S. domain 3,700 miles southwest of Hawaii.

In February, a B-2 crashed at Andersen Air Force Base concisely after takeoff in the first-ever crash of a stealth bomber. Both pilots ejected safely. The military estimated the cost of the loss of the aircraft at $1.4 billion.

The B-52 is a long-range, heavy bomber that can refuel in middle air. Since the 159 foot-long bomber was principal placed into service in 1955, it has been used for a wide range of missions from attacks to sea surveillance. Two B-52s, in two hours, can counsellor 140,000 square miles of ocean surface.

According to the Air Force’s Web site, the B-52 Stratofortress has been the backbone of the manned strategic bomber force for the United States as antidote to besides than four decades. It is capable of dropping or launching the widest array of weapons in the U.S. schedule, including cluster bombs and precision guided missiles.

Many valuable business skills are taught outside of business classes. Here are five courses at all undergrad office major should take

by Dan Macsai

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Banking on a subsequent time business career? It might be with most propriety to study something else in college. Though finance, surveillance, and accounting courses impart valuable job skills, top executives have to "think beyond the numbers," says Mary Banks, director of career connections at University of Colorado’s Leeds School of Business. And while selecting undergraduate classes, aspiring top executives should follow suit.

According to Banks, nonbusiness courses—especially in fields like English, psychology, and foreign language—offer invaluable business know-how. Analyzing a book, for example, can help hone your critical thinking skills, in which case studying human behavior can (partially) explain consumer spending. Even a few semesters of foreign language could better equip students to add today’s global workforce, says Michael Houston, associate dean of international programs at the University of Minnesota’s Carlson School of Management. "Students need to become citizens of the world," he explains. "They have to be able to talk about—and interpret—more than just basic business."

BusinessWeek recently spoke with several business school authorities, all of whom recommended a variety of nonbusiness courses business majors should take. Following are their top five.

1. Writing and Literature: Communication skills are necessary in any tract of land, and business is no exception. Whether you’re drafting a marketing fall headlong or capital a presentation, you should be "clear, summary, and great," says George John, the chair of marketing at Minnesota’s Carlson School. And several literary work classes can bear that all-important editorial voice. Studying advanced literature—especially the more complex authors, in the same state as James Joyce or William Faulkner—can also help you learn to "design and decompose critically," says Colorado’s Banks.

2. Economics: Beyond illuminating basic financial theory, science of wealth classes bestow. the historical context you’ll need to suppose an informed business firmness. Once you apprehend how inflation works and which drives consumer demand (among other concepts), you can understand—and, more importantly, analyze—past U.S. economic trends, including the Great Depression and 1970s-era stagflation. Then, says Banks, "you’ll be efficient to tackle the tough questions, like ‘How do we learn extinguished of this recession?’"

3. Foreign Language: As craft goes global, there’s a growing need for cross-cultural understanding. And even though you potency not be working abroad, chances are your company give by will be. Studying a second language, especially Spanish or, in today’s climate, Chinese, could give you a "critical edge" in the office, says Anne Pagel, director of undergraduate academic advising and scholar services at University of Arizona’s Eller College of Management. And just knowing simple cultural skills, including the proper way to greet someone or give thanks, "can make you feel more at ease around a foreign client," she adds.

4. Psychology: If you’re chasing a career that stresses marketing and sales—or any kind of prolonged affable interaction—it helps to understand human behavior. Taking a psychology course be possible to ensure you’ll know how the brain works, what triggers each emotional response, and, to some stage, wherefore consumers hold certain items. You power even learn something about yourself in the mode of operation.

At UCLA, with regard to example, there’s a psych course called Thinking forward Your Feet, which teaches students to recognize their own subconscious quirks (especially those that are off-putting). "No matter what you terminate, you’re trying to do it through the million," says Sara Tucker, director of the coaching and team skills program at UCLA’s Anderson School of Management. "And psychology will help you interact with them."

5. Statistics: In the employment earth, basic math skills are essential—end not competent. "Everyone be possible to add and deduct," Carlson’s John says. "When you be possible to appearance at numbers and mark a narrative, that’s a marketable dexterousness." In a statistics direction, you’ll learn to manipulate jumbled figures into meaningful data. You’ll have existence able to see old patterns and predict new ones. And if you wind up on Wall Street, you’ll be better prepared to analyze those endless earnings reports and income statements—and, perhaps, cause a million-dollar decision.

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OKLAHOMA CITY

KOCO-TV in Oklahoma City cited a source close to the ownership group for its report that the team’s name will be the Oklahoma City Thunder.

According to The Oklahoman newspaper’s Web site, team prolocutor Dan Mahoney said Saturday night nay one with the basketball organization would remark on KOCO’s report.

“We’re not commenting on the name advance until we have something ready to announce,” Mahoney told the gazette’s Web site, adding no news conferences on the topic are scheduled.

The Oklahoman had a name-the-team contest, using a 64-name tournament-style bracket, and Thunder defeated Outlaws in the final.

The Sonics, who started playing in Seattle in 1967, were purchased by Clay Bennett and other Oklahoma businessmen in July 2006.

A week since, the Seattle City Council terminated the KeyArena lease with the Sonics pair seasons timely, allowing the team to move to Oklahoma City in exchange for a $45 million payment to Seattle.

Terminating the lease was a condition of a settlement agreement between the Sonics and Seattle, which had filed a founded on suit in law to prevent the team from leaving before the let expired.

Meanwhile, more than 16,000 people signed up for a season-ticket request list for the Oklahoma City team in a 16-day brief period.

Mahoney said team officials are pleased with the level of countenance for the NBA in Oklahoma City.

Notes

Aaron Brooks, a graduate of Franklin High in Seattle, had 20 points to help the Houston Rockets beat Sacramento 98-91 in the NBA Summer League in Las Vegas. Spencer Hawes, a Seattle Prep adapt, led the Kings with 22 points.