Greenspan sworn in for fourth term as Fedchair
Alan Greenspan was sworn in for a fourth four year term as Federal Reserve chairman in a private ceremony. Roger Ferguson Jr administered the oath as the Fed prepares to meet next week to discuss rate policy and potential further rate increases since last June.
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Washington
Alan Greenspan
Federal Reserve
Central Bank
Greenspan
Roger Ferguson Jr
Federal Reserve of Governors
Fed
Classmates say Skakel confessed to killing Moxley
Stamford AP report says two former classmates testified that Kennedy family member Michael Skakel confessed to murdering 15 year old Martha Moxley in 1975. Witnesses Higgins and Coleman, former Elan School students, testified Skakel admitted the slaying during the late 1970s.
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Stamford
Conn
Michael Skakel
Kennedy
Michael Sherman
Skakel
John Higgins
Martha Moxley
Moxley
Fargo flood toll rises as waters overwhelm homes
Fargo residents confront devastating damage after seven inches of rain in six hours floods streets and apartments. Debbie Poitra recalls belongings lost as Mayor Bruce Furness declares a state of emergency and NWS notes lingering risk of scattered storms.
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Fargo
N.D
Debbie Poitra
Poitra
Bruce Furness
National Weather Service
Trofimoff Denied Bail In Cold War Espionage Case
In 1969 Tampa, Navy and Army intelligence ties surface as George Trofimoff, head of the US Army section at a NATO center in Nuremberg, borrows money from a Russian priest who later becomes an archbishop and hints at unending funds as probing questions arise about Trofimoff’s 66th Military Intelligence Group.
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Tampa
Fla
Krt
George Trofimoff
NATO
Nuremberg
Germany
Trofimoff
Dalai Lama seeks talks with China. asks Congress help
The Dalai Lama urged Congress on Tuesday to help start talks with Chinese leaders. He said he is willing to meet leadership anywhere, anytime without preconditions, noting that China opposes Tibetan autonomy and views him as a rallying point for pro independence forces. He indicated officials have refused to meet with him.
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Dalai Lama
Tibet
Congress
China
Stephanopoulos fights Flowers slander suit in court
George Stephanopoulos argues Flowers libel case lacks merit and should be dismissed. Flowers sued Stephanopoulos and James Darville over alleged libel tied to his 1999 book and CNN interviews. Meanwhile Clinton signs Congressional Gold Medal for Charles Schulz the Peanuts creator who died earlier this year.
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Las Vegas
George Stephanopoulos
Gennifer Flowers
Clinton
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James Darville
CNN
Larry King
Washington
Charles Schulz
Schulz
Gas price spikes trigger FTC probe into oil market
The FTC opened a formal inquiry after pilots in Chicago and Milwaukee paid up to 65 cents more per gallon than elsewhere. Subpoenas will be issued by week’s end, with an interim report in about 30 to 45 days. Politicians urge action amid soaring gasoline costs and political impact.
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Federal Trade Commission
Chicago
Milwaukee
FTC
Robert Pitofsky
Illinois
Dick Durbin
D-Ii
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Vienna
Austria
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OPEC
Energy Department
Environmental Protection Agency
Bill Richardson
Los Alamos
New Mexico
Senate
Trent Lott
R-Miss
Congress
South Carolina House backs prayer resolution amid court ruling
The state House approved a resolution condemning the US Supreme Court ban on prayers before high school football games and urged a constitutional amendment to permit school prayer. Rep. Chip Limehouse said the decision conflicts with family life values. Palmetto Richland Memorial Hospital cuts kidney and bone marrow transplants citing low demand, leaving MUSC as the state's sole kidney transplant site.
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State House
Supreme Court
South Carolina
House of Representatives
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Charleston
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Palmetto Richland Memorial Hospital
San
Medical University of South Carolina
Palmetto Health Alliance
Richland Memorial and
Baptist Medical Center
Kester Freeman Jr
Freeman
OPEC near plan to boost output amid high US oil prices
OPEC ministers in Vienna near a formal decision to raise daily crude output by about 500000 barrels, a move seen as not enough to curb high prices. US July WTI rose to $33.40 intraday, closing around $33.05, the highest since March. Some sources suggest up to 1 million barrels daily could be discussed.
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Austria
OPEC
Organization of Petroleum Exporting Countries
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Petroleum Finance Company
Washington
St Louis police shootings spark outrage in black community
Two unarmed Black men were killed by 20 police bullets in St Louis after an undercover drug arrest. White officers fired on their car, provoking civic leaders to call for civil disobedience. DOJ mediator and AG Reno to investigate amid racial tension. Murray was colluding in a drug deal. Beasley was not the suspect.
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Justice Department
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Tiahmo Rauf
National Action Network
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Rauf
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Beasley
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Hunley expedition to return to shore this week
The Hunley recovery crew will pull back to shore while awaiting a crane to lift the Confederate submarine from Sullivans Island. The Marks Tide has worked six weeks on site as a jack up crane is arranged to lower pilings and attach a superstructure for lifting the craft to a conservation facility in Charleston's Navy Base.
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H.L. Hunley
Sullivans Island
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Ming
Housatonic
Robert Neyland
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State
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