Koreans Flee Financial Turmoil Into Stores
South Korean shoppers mobbed major outlets as panic spreads after currency collapse. Kim Dae Jung warned of a crisis worse than war while candidates debated wage cuts versus layoffs amid rising prices and inflation.
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Union Pacific resumes two routes to Texas cities
Union Pacific will restart daily service of containers and truck trailers from Chicago to Houston and Dallas with northbound service resuming Wednesday. The restart follows a six week suspension to ease congestion after the merger with Southern Pacific. The carrier aims for nationwide normal service by early January, as customers shift to trucking to cope with delays.
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Elton John to be knighted by Queen Elizabeth
Elton John will receive a knighthood for his charity fundraising next month, the New York Post reports. He will be knighted under his real name Reginald Kenneth Dwight, joining artists like Paul McCartney as a Sir.
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Clinton to name Lee for civil rights post without Senate vote
President Clinton weighs bypassing the Senate to install Bill Lann Lee as assistant attorney general for civil rights. Rahm Emanuel says a recess appointment or acting capacity could be used, while Orrin Hatch warns of backlash and a possible stalemate. Lee would be the first Asian American in the post.
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