NIST urges tougher standards after World Trade Center collapse
A federal engineering agency urges cities to raise fire standards for skyscrapers and adopt new materials and fire protected elevators. NIST recommends separate stairwells and exclusive emergency elevators, notes modest cost increases for new buildings, and cites its three year study of the 110 story towers after the Sept 11 2001 attacks that killed 2749 people.
MENTIONED IN THIS ARTICLE
New York
National Institute of Standards and Technology
NIST
Shyam Sunder
Existing home sales dip slightly in May
May existing home sales edged down 0.7 percent to a seasonally adjusted 7.13 million rate, still the second-highest on record as prices rose to a new median of 207000 dollars. Analysts warn of froth in local markets and risky mortgage types while jobless claims fall to a near two-month low and FedEx earnings dampen Wall Street.
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Alan Greenspan
David Lereah
The
Realtors Group
Lereah
Labor Department
Wall Street
FedEx Corp
Dow Jones
Greenspan
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