Market remains on defensive amid stock decline
The Dow fell 6.74 points to 3363.18 by 2 p.m. as losers outpaced gainers 924 to 661 with 626 unchanged on the NYSE. Tuesday's drop was the steepest in two months, sparked by inflation worries and expectations of tighter credit.
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New York
Wall Street
Federal Reserve
Treasury
McDonald's
J.P. Morgan
Philip Morris
Procter & Gamble
Forest clashes mark Earth Summit discourse in Rio
United States and Third World nations clash over forest protection as Earth Summit delegates near signing more than 100 heads of state will attend in Rio. Malaysia presses for linked aid and biodiversity measures while U S support for the nonbinding Rio Declaration depends on forest principles. A $150 million aid proposal for forestry protection is stalled in the talks.
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Rio DE Janeiro
Brazil
United States
Rio
Bush
Malaysia
Keng Yaik Lim
Lim
U.S
William K. Reilly
Environmental Protection Agency
Marlin Fitzwater
Washington
Poll shows 30 percent back abortion ban if allowed
An AP poll finds 30 percent of Americans favor making abortion illegal in their state if the Supreme Court overturns Roe v Wade this summer. Fifty seven percent want abortion to remain legal, nine percent are unsure, and 65 percent of voters would not judge candidates by abortion stance. Women show higher political impact at 30 percent.
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New York
U.S. Supreme Court
Associated Press
High Court
Pennsylvania
Isue
AHA seeks ban on passive smoking nationwide
The American Heart Association urged treating second hand smoke as an environmental toxin banned from homes offices and public spaces. It disputed Tobacco Institute claims linking ETS to lung and heart disease, citing asbestos as a closer cancer risk. The group plans to press Health and Human Services and EPA leaders to harden standards and boost education funding.
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Washington
American Heart Association
Tobacco Institute
Homayoun Kazemi
Health and Human Services
Louis Sullivan
William K. Reilly
Environmental Protection Agency
U.N. team moves to open Sarajevo airport for relief flights
A U.N. team of about 50 led by Gen. Mackenzie arrived in Sarajevo to inspect the airport and press for a cease fire. Serb forces reportedly pulled back some but fighting continued around the airport as residents hid in basements amid shelling.
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Sarajevo
Bosnia-Herzegovina
U.N
United States
Serbia
Montenegro
United Nations
Washington
Richard Lugar
R-Ind
Bush
Gen. Mackenzie
Louis Mackenzie
Belgrade
Mackenzie
Barbara Shannon Boyd
New York
House Debates Balanced Budget Amendment in Election Year
The House opened a long awaited debate on a balanced budget constitutional amendment amid a shrinking group of undecided lawmakers. Leaders and President Bush urged support as factions warn of possible Social Security and Medicare cuts and tax hikes if the measure passes.
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Washington
House
Bush
U.S. Chamber of Commerce
Charles Stenholm
Texas
Congress
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