Watkins resigns from Enron amid accounting scandal fallout
Sherron Watkins, Enron vice president who raised accounting concerns before the collapse, will resign effective Friday per The New York Times citing Watkins’ lawyer Philip Hilder. A company spokesman said she is leaving voluntarily after staying through the scandal.
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Senate approves Afghanistan peacekeeping aid package
The Senate authorized 2.3 billion dollars in four year foreign aid for Afghanistan rebuilding and an extra 1 billion to expand peacekeeping forces beyond Kabul. The measure, passed by voice vote, goes to the House before President Bush signs it. Biden said the aid will prevent chaos and a terror haven.
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Michael Jackson tests late in $21 million suit testimony
Michael Jackson arrived four hours late to testify in a $21 million lawsuit in Santa Maria California and asked Judge Zel Canter to delay next week's testimony so he could travel to Germany for a philanthropic award. He said the award is of deep importance and that he has done a lot of work for children.
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Bush Moves Toward Approval of Smallpox Plan
President Bush leans toward endorsing a blueprint to vaccinate the population against smallpox, signaling progress toward a formal national plan amid ongoing discussions with health and security officials.
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FBI warns of al Qaida plan for spectacular attack
FBI bulletin circulated Thursday warns al Qaida may pursue a spectacular attack aimed at damaging the US economy and causing large scale casualties. The notice cites high symbolic value targets in aviation, oil, nuclear sectors and national landmarks, but provides no timing or method. Authorities stress continued heightened vigilance without raising the threat level, with extra security steps in federal and local agencies.
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Hu Jintao rises to top of China’s ruling party
Hu Jintao, a 59 year old engineer, was named general secretary of the Communist Party and becomes the de facto Chinese leader. The transfer marks China’s first orderly leadership change in decades, with Jiang Zemin moving toward retirement while Hu is also set to succeed as president next year. Major policy shifts are not expected. Hu vows to continue Deng Xiaoping era reforms and openness.
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