Trade deficit widens to record January level
The Commerce Department reports the January U S trade deficit at a record 43.1 billion, up 0.9 percent from December. Imports reach 132 billion while exports fall to 89 billion, reflecting weaker demand for U S goods and a surge in foreign purchases. The gap widens with China and oil nations, with notable declines in meat and poultry exports and rising oil prices.
MENTIONED IN THIS ARTICLE
Washington
America
U.S
Bush
Commerce Department
John Kerry
Kerry
Massachusetts
Wall Street
United States
Sherry Cooper
BMO Nesbitt Burns
Alan Greenspan
China
Beijing
Japan
Mexico
Canada
Saudi Arabia
Venezuela
Kerry presses deeper tax cuts amid Bush clash
Kerry urged deeper middle class tax cuts than Bush proposals and labeled critics as the most crooked lying group. He met with Howard Dean amid rumors of an endorsement and prepared for a potential March 25 fund raiser with Clinton and Carter. Dean hinted at support while planning a March 18 grassroots launch. Kerry soon meets Edwards as Bush defends his economic record in Ohio, warning against isolationist policies and job losses amid the campaign.
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United States
Bush
U.S
Washington
John Kerry
Kerry
Howard Dean
Vermont
Dean
Clinton
Carter
George Bush
America
John Edwards
Associated Press
Chicago
Cleveland
Joan Kerry
Ohio
al Gore
Youngstown
Namning
Thermagon Inc
Afl-Cio
Florida
Labor Federation
Bermuda
Senate votes to tighten path for tax cuts in Senate
The Senate approved a 60 vote requirement for future tax cuts not offset by savings by a 251 to 48 vote. The move complicates Bush’s plan for permanent 1.4 trillion in tax cuts and signals GOP resistance as House opposition looms. Bush and Kerry traded messages amid rising deficits and outsourcing concerns.
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Washington
Senate
Congress
Bush
House-Senate
White House
GOP
New breast cancer drug may beat tamoxifen in recurrence risk
International trial shows postmenopausal women with early stage breast cancer who use tamoxifen for two years then switch to exemestane for two more years have a one third lower recurrence rate, fewer side effects, and lower risk of cancer in the other breast. Led by Dr. R C Coombes of Imperial College London, exemestane branded Aromasin could become a preferred option for high risk patients.
MENTIONED IN THIS ARTICLE
R.C Coombes
Imperial College School of Medicine
London
New England Journal of Medicine
Pfizer Inc
Jeff Abrams
National Cancer Institute
Abrams
Julia Smith
NYU Medical School and Cancer Institute
Drug switch to exemestane improves breast cancer survival
A study of 4742 postmenopausal women across 37 countries found switching from tamoxifen to exemestane after 2.5 years reduced deaths from breast cancer and increased three year cancer-free survival. Exemestane showed different side effects with more bone thinning and joint pain but fewer clotting and gynecologic issues.
Air America announces lineup and March launch
Nation briefs report Air America backers unveil programming for a March 31 launch in New York Los Angeles Chicago and San Francisco. Al Franken Janeane Garofalo host five shows with Randi Rhodes and Lizz Winstead among others. Franken says the network will challenge right wing radio.
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New York
Rush Limbaugh
Air America
Los Angeles
Chicago
San Francisco
Franken
Janeane Geroteio Nave
Randi Rhodes
Southern Fiorda
Lizz Winstead
Comedy Central
Internet firms sue hundreds over spam under can spam law
Microsoft AOL Earthlink and Yahoo sue hundreds of alleged spammers in federal courts across California Georgia Virginia and Washington state. Dozens named as John Doe defendants face charges for sending unsolicited drug and herbal product pitches and other junk emails. Lawyers plan broad use of subpoenas to identify and locate the culprits.
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Washington
Microsoft Corp
America Online Inc
Earthlink Inc
Yahoo! Inc
California
Georgia
Virginia
Washington State
Pentagon finds faults in Halliburton cost estimates
A memo from Rep. Henry Waxman cites Pentagon auditors who found unreliable figures in a 2.7 billion Halliburton logistics proposal for troops in Iraq. The audit notes omissions about two fired subcontractors and deficiencies in procurement procedures. Halliburton disclosed possible Pentagon inquiries and credits totaling 36 million dollars, with 144 million delayed billing.
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Washington
Pentagon
Congressional
Halliourton
Iraq
Henry Waxman
Dcalif
Halliburton
Trac
Defense Contract Audit Agency
Waxman
Hallburton
Federal Securities
Kuwait
Securities and Exchange Commission
Defense Department
Associated Press
Also Mentioned on This Page
By Mike Glover
Deb Biechmann
Associaé
Amendola
D-Mass
Hhurdhes
Unite States
Linda A. Johnson
The
New England
Journal of Medicine
Nation Briefs
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