Massive Layoffs Hit 5 Firms Amid Tight Budgets
New York reports show Eastman Kodak trims 10,000 jobs in a global restructuring while Fruit of the Loom cuts 2,900 and Waste Management halves 1,200. Kemet Corp., Donna Karan International also reduce staff as analysts note ongoing economic resilience masks firm-specific challenges. Separately, labor activists cite brutal conditions in Honduran factories producing Walmart JC Penney and Kmart garments with wages as low as 10 to 31 cents per hour and abuses near Nicaragua’s Las Mercedes free trade zone.
MENTIONED IN THIS ARTICLE
New York
Eastman Kodak
Fuji Photo Film Co
Fruit of
Kemet Corp
Donna Karan International
U.S
Wal-Mart
J.C. Penney
Kmart
Kathie Lee Gifford
Kathie Lee
Charles Kernaghan
National Labor Committee
Las Mercedes Free Trade Zone
Nicaragua
Witness Fortier returns to stand at McVeigh trial
Denver testimony from Michael Fortier is pared down as the Oklahoma City bombing trial of Terry Nichols resumes. Judge Richard Matsch will closely monitor the condensed account, which relies on hearsay as prosecutors seek proof of a calling card used to locate bomb materials. Paula Jones defamation suit aims to restore her reputation without trial, saying her name will be vindicated. Meatless Fridays on Catholic agenda prompts study by bishops to revive abstinence to reflect penitence and oppose abortion and violence.
MENTIONED IN THIS ARTICLE
McVeigh
Denver
Timothy McVeigh
Oklahoma City
Terry Nichols
Richard Matsch
Michael Fortier
Fortier
Nichols
Washington
America
British press on Woodward verdict backs, backslash grows
British papers generally endorsed the Massachusetts judge's ruling freeing Louise Woodward after 279 days in jail for the death of an eight month old in her care, but criticized celebratory mood and attacks on the American justice system. Journalists praised restraint while condemning vengeance and jingoism.
MENTIONED IN THIS ARTICLE
London
Louise Woodward
Woodward
Massachusetts
Hiller Zobel
Casti
Daily Mail
Lynda Lee-Potter
Times of London
Libby Purves
America
Britain
U.N. poised for new Iraq sanctions vote
The Security Council planned to vote on a US British resolution increasing sanctions on Iraq after Baghdad expelled US arms inspectors. The measure would ban Iraqi officials from travel, halt further reviews of economic sanctions, and push Baghdad to cooperate with arms inspectors.
MENTIONED IN THIS ARTICLE
United Nations
Security Council
Baghdad
Iraq
U.N
Bill Richardson
China
Beijing
Richardson
Tariq Aziz
Britain
Stephen Gomersall
Council
Cautious tack expected from Reserve board
Federal Reserve officials confront mixed signals as unemployment nears a 24 year low and wage gains quicken while volatile stock markets and Southeast Asia unrest urge caution. Economists predict the central bank will hold fire and delay rate hikes to avoid a stock plunge while inflation remains subdued.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Southeast Asia
IRS problem solving days open in 33 cities
The IRS will open its doors to taxpayers in 33 cities starting Saturday offering hands-on help with tax problems. The nationwide effort aims to improve customer service and relieve bureaucratic hassles as 1,600 calls about the program have already come in. Appointments are urged so cases can be prepared in advance.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Summers
Demonstrators protest for home health care at White House fence
Sixty four protesters mostly in wheelchairs were arrested after chaining themselves to a White House fence in a rally for home health care. They were cited for demonstrating without a permit and released at the scene. The group identified themselves as American Disabled for Attendant Programs Today.
MENTIONED IN THIS ARTICLE
Washington
White House
Park
Michael Russo
Russo
Aiken Standard contact and subscription notice
Local publisher Aiken Communications outlines office hours, switchboard and editorial contacts. It lists subscription pricing for home and county mail, plus mailing details and postmaster address, inviting advance payments and providing a publisher contact.
MENTIONED IN THIS ARTICLE
Aiken Standard
Scott B. Hunter
Soescape.net
de Aiken Standard
Aiken Communications Inc
Rutland Drive
Aiken
S.C
PBM
Also Mentioned on This Page
National
National Conference of Catholic Bishops
Etoacura
CSRA
Atlant Soraan
Au Pair
J At Ridder News Service
Jean Jones
Elton
England
Anthony Daniels
Fed
Martin Regalia
U.S. Chamber of Commerce
Clinton
Congress
Western Hemisphere
Pacific Rim
Senate Finance Committee
William Roth
Roth
Education Department
Monitor
Teamsters
Reagan
Rosemary Collyer
National Labor Relations Board
Collyer
Cunton
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