California leaders agree on plan to rescue power grid
Gov. Gray Davis and lawmakers reached a framework to rescue California from its electricity crisis by state ownership of two major utilities and long term power purchases. Bonds would cover debt, with rate increases for customers and potential stock options to repay costs. Details to follow as lawmakers review bids and contemplate tax payer risk.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Gray Davis
California
Davis
Southern California Edison Co
Pacific Gas & Electric Co
SoCal Edison
Pg&e
Russian prosecutors question famous TV anchor in media probe
In Moscow prosecutors questioned Tatyana Mitkova of Media-Most's NTV in a fraud probe tied to the debt-ridden company. Investigators aimed to question more journalists as the founder Vladimir Gusinsky faces legal and financial pressure, while Mitkova defends her actions as journalistically independent and notes ongoing newsroom tension.
MENTIONED IN THIS ARTICLE
Moscow
Russia
Tatyana Mitkova
Media- Most
NTV _ television
NTV
Mitkova
Zigmund Lozhis
Vladimir Gusinsky
Gusinsky
Spain
Vladimir Putin
Scientists map genome of rice in breakthrough
Scientists decode the genetic blueprint of rice, a staple for half the world, enabling potential hardier varieties and nutrient improvements. The joint effort by Syngenta and Myriad Genetics could accelerate research on corn and wheat, with data to be shared via contracts.
MENTIONED IN THIS ARTICLE
Washington
Steve Briggs
Torrey Mesa
Syngenta
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