Optimistic Consumers shrug off Fed rate hikes
National brief notes consumer confidence and spending hit record highs despite four Fed rate increases in seven months. Low unemployment and rising incomes buoy spending while the rate hikes to slow growth show little impact. Economist David Orr cites psychology as a key factor in steady optimism.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
David Orr
First Union Corp
Charlotte
N.C
Oil giants merge draws criticism
Regulators condemn BP Amoco and Atlantic Richfield merger as anticompetitive, risking the oil market with dominance over Alaska production and West Coast pricing. FTC plans to seek court blocking in San Francisco, citing a $30 billion deal announced in March and aimed at closing this week.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
BP Amoco
Atlantic Richfield Co
Standard Oil
Federal Trade Commission
Atlantic Richfield
Barak and Arafat seek progress at Gaza crossing meeting
In Erez Gaza, Israeli Prime Minister Barak and Yasser Arafat meet publicly to push peace talks forward though expectations are low. A Barak confidant says a US summit is not yet possible. a senior Arafat aide dismisses Israel’s border map as nonsense.
MENTIONED IN THIS ARTICLE
Erez Crossing
Gaza Strip
Ehud Barak
Yasser Arafat
Erez
Israel
Barak
United
Crisis deepens as leaders plan emergency summit
BELFAST AP Britain and Ireland prime ministers Tony Blair and Bertie Ahern meet to avert collapse of Northern Ireland's four party coalition over IRA disarmament. Ulster Unionist leaders demand rapid IRA cooperation with a disarmament commission before Sinn Fein can join the cabinet.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Irish Republican Army
Britain
Ireland
Tony Blair
Bertie Ahern
Ulster Unionist Party
Sinn Fein
IRA
Tribute to Armstrong marks Armstrong birth anniversary
Jazz at Lincoln Center plans a 13 month celebration starting July 4 to honor Louis Armstrong. The event recognizes his trumpet mastery blues insight and global humanitarian role amid debates about his true birth date. Other items note George Harrison’s Maui estate access ruling and a Rock and Roll Hall of Fame relief fund aiming for $100000 for financially fragile artists.
MENTIONED IN THIS ARTICLE
Armstrong
New York
Jazz At Lincoln Center
Louis Armstrong
Jazz At
Lincoln Center
Satchmo
Beatle
Honolulu
George Harrison
Maui
Hawaii Supreme Court
Cleveland
Rock and Roll Hall of Fame Foundation
Suzan Evans
Foundation
Terry Stewart
Hall of Fame
Jetliner search continues for Alaska Flight 261 data recorders
Navy crews recover cockpit voice recorder from 700 feet depth near Anacapa Island as investigators seek clues to the jets final moments and a jammed tail control. Red Cross staff prepare to aid victims' families as makeshift memorials form on the coast.
MENTIONED IN THIS ARTICLE
Port Hueneme
Cal
Navy
Alaska Airlines
Scorpio
Terry Labrecque
Washington
Red Cross
Revelations Alarm CIA Over Deutch Computer Security
Former CIA Director John Deutch kept highly sensitive national security secrets on a home computer that also accessed porn sites and handled email. CIA investigators say the case alarms congressional overseers and the intelligence community. Tenet testified there is no evidence the machine was hacked, but no certainty either.
MENTIONED IN THIS ARTICLE
Washington
CIA
John Deutch
Congressional Intelligence
George Tenet
Senate Intelligence Committee
Deutch
Tenet
South Carolina moves MLK holiday and Confederate Memorial Day plan
A House subcommittee unanimously approved a bill to create a state holiday for Martin Luther King Jr and Confederate Memorial Day, a measure that follows Senate passage last year amid flag controversy at the Statehouse. A second SC item notes a fatal crossing accident near Piedmont Technical College where a 23 year old man drove around gates and was hit by a southbound CSX train. A third item introduces a first look at a body piercing regulation bill setting minimum ages and parental consent for under 18, with Earlobe Piercing exempted.
MENTIONED IN THIS ARTICLE
Columbia
Martin Luther King Jr
South Carolina
House
Senate
Judiciary Committee
Statehouse Dome
State House
Bush and McCain sharpen tactics for South Carolina primary
McCain declares anti establishment credentials in Columbia as Bush delivers a conservative message at Greenville. McCain, a Vietnam veteran, counts on South Carolina’s military voters for the February 19 GOP primary while Bush aims to slow his rival with a firewall strategy.
MENTIONED IN THIS ARTICLE
Florence
John McCain
George W. Bush
New Hampshire
South Carolina
University of South Carolina
Columbia
McCain
Arizona
Bush
New
Hampshire
Bob Jones University
Greenville
Iowa
South Carolina House Passes Tougher Right to Work Bill
The Republican led South Carolina House approved a measure to add 100 fines per incident to the right to work law for coercion or threats by employers or unions. The bill expands Labor and Licensing Department powers to investigate and requires written notice before deducting union dues. It passed 83 to 32 and moves to the Senate.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
House
Senate
State Labor and Licensing Department
Harry Cato
Travelers Rest
House Labor, Commerce and Industry Committee
David Wilkins
Greenville
South Carolina Senator Indicted On Banking Fraud Charges
State Sen. Charles Tyrone Courtney R Cowpens faces federal charges including bank fraud mail fraud and making false statements tied to a loan to buy his Spartanburg area home. Indictment unsealed January 26 was released February 7 with Courtney pausing Senate duties Feb 10 and planning reelection. If convicted he could face up to 30 years in prison and a $1 million fine on each count.
MENTIONED IN THIS ARTICLE
Columbia
Charles Tyrone
Ty” Courtney
Senate
Spartanburg
Courtney
R-Cowpens
U.S
Rene Josey
Joe Blow
Alaska
Josey
William Yarborough
Also Mentioned on This Page
Alkhan-Kala
Russia
Chechnya
Grozny
Khizir Khachukayev
Entertainment/People news
Ing Properties
Harrison
Morrison
London
National News
Jetliner
Pacific Ocean
Anacapa Island
John Hammerschmidt
The
National Transportation Safety Board
Coast Guard
King
Palmetto
USC
Lauren McLaughlin
Sarah Camp
South Carolina News
Cointed Press
Ssociated Press
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