Oriskany sinks to form world’s largest manmade reef
In the Gulf of Mexico Navy divers blew holes in the retired USS Oriskany, an 888-foot aircraft carrier, sending it to the sea floor as a manmade reef. The hulk slid beneath the waves in 37 minutes, faster than expected, after more than 500 pounds of explosives. Korean and Vietnam War veterans watched from charter boats as the carrier settled in 212 feet off Pensacola Beach.
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Gulf OF Mexico
Navy
Pensacola Beach
Congressional Briefings on NSA Eavesdropping
After five months of resistance the Bush administration supplied new information to Congress about the NSA eavesdropping program. General Michael Hayden who led the NSA last year and is nominated to head the CIA faces Senate Intelligence confirmation hearings as he seeks a new top intelligence post.
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Bush Administration
Congress
National Security Agency
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Merck scientists find potential new antibiotic class
Merck researchers report a compound showing activity against antibiotic resistant bacteria in mice, potentially signaling a first major new class of antibiotics in decades and a step forward in fighting persistent germs.
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Merck & Co
Stocks tumble as inflation stirs rate fears in April
U S price surge in April raises inflation concerns and prompts fears the Fed will rise rates. The CPI rose 0.6 percent, led by gasoline and energy while core prices edged up 0.3 percent. The Dow fell 214 points as economists warned of persistent inflation and costs flowing to consumers. The Fed had lifted rates to 5 percent, the highest in five years, with sixteen straight increases since June 2004.
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Federal Reserve
Wall Street
Labor Department
Richard Yamarone
Argus Research
Stuart Hoffman
PNC Financial Services Group
Fed
FDA weighs Merck HPV vaccine Gardasil approval
FDA briefing papers show Gardasil may prevent four HPV types linked to most cervical cancers and genital warts but could raise cancer precursor cases in already infected patients. Panel reviews safety and efficacy with June decision expected. if approved, immunization advised for girls ages 11 to 12, with 13 to 26 considered.
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Food and Drug
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FDA
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Iraqi incoming premier set to unveil Cabinet this weekend
Baghdad says the incoming prime minister will present his Cabinet to parliament this weekend signaling possible national unity. Talks continue on who will head interior and defense ministries as security agencies remain in flux amid sectarian tensions.
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Baghdad
Iraq
Interior
Defense
Hamas deploys 3000 gunmen across Gaza in show of force
Some 3000 gunmen loyal to Hamas deployed across the Gaza Strip in a brazen challenge to President Mahmoud Abbas. The move followed drive by shootings blamed on Fatah. There were no clashes with Fatah, but Hamas disrupted a peaceful teachers' protest in a southern town.
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Gaza Strip
Islamic Group
Mahmoud Abbas
Hamas
Earlie
Abbas Fatah
Fatah
Iran rejects incentives to suspend enrichment
Iran's president Mahmud Ahmadinejad mocked a package of incentives to suspend uranium enrichment. He asked if the world was dealing with a child and ridiculed offering walnuts and chocolates for gold, as thousands gathered in Arak where a heavy water reactor is nearing completion by 2009.
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Tehran
Ran
Iran
Mahmoud Ahmadinejad
Arak
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