| Business Highlights
The Bush administration announced new trade cases against China on Monday over copyright piracy and restrictions on the sale of American movies, music and books. Standing near a table of pirated movie DVDs, music CDs and books, U.S. Trade Representative Susan Schwab said American companies were losing billions of dollars annually from piracy levels in China that "remain unacceptably high." She said the United States would file the two cases Tuesday with the World Trade Organization, the Geneva-based organization that oversees trade disputes. One case will contend that Beijing's lax enforcement of copyright and trademark protections violates WTO rules, and the other will argue that Beijing has erected WTO-illegal barriers to the sale of U.S.-produced movies, music and books in China.
McCain: Baghdad Market Was Safe
John McCain said Monday he would have taken his tour of an Iraqi market last week even if he hadn't been accompanied by heavily armed U.S. soldiers. The Republican presidential hopeful said he would have walked through the Bab al-Sharqi market in Baghdad without the military protection, but the top U.S. commander in Iraq, Gen. David Petraeus, had recommended the armed escort. "I'm not notorious for being nervous about going anywhere," said McCain, R-Ariz. "I'll gladly go almost anywhere in the world, under any circumstances, but I did respond and do what General Petraeus asked me to do." McCain and other members of a congressional delegation toured the market last week, traveling in armored military vehicles and wearing body armor during their hourlong excursion.
Health Care REIT, Inc. Announces Gross Investments of $243.7 ...
TOLEDO, Ohio--(BUSINESS WIRE)--Health Care REIT, Inc. (NYSE:HCN) announced today that it completed $243.7 million of gross investments during the first quarter of 2007. During the quarter, the company had asset sales and loan payoffs of $24.7 million, resulting in net new investments for the quarter of $218.9 million. The following is a summary of the company's gross investment activities (dollars in thousands): .
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