Enron founder Kenneth Lay dies of heart attack
Kenneth Lay, 64, founder of Enron, died of a heart attack while on vacation in Aspen, Colorado. He had been convicted of fraud and conspiracy and faced prison for the rest of his life. Lay maintained his innocence as his legal fate loomed.
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Casinos Close All New Jersey Casinos as Shutdown Hits Atlantic City
The five day state government shutdown forces all 12 Atlantic City casinos to close for the first time in history. Employees go unpaid and taxes halt as gambling revenue vanishes, leaving the boardwalk city eerily quiet.
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North Korea warns of all-out countermeasures over UN sanctions
North Korea’s UN envoy warned of all-out countermeasures if the Security Council imposes sanctions over missile launches. China and Russia urged diplomacy while Japan with the US and Britain circulated a resolution to ban funding and materials for North Korea’s missile and WMD programs. They favor a weaker statement and oppose sanctions.
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North Korea Tests Missiles With Short and Long Range Failure
U S officials report North Korea launched a long range Taepodong-2 missile that failed 42 seconds after liftoff while six shorter range missiles were also tested. President Bush, noting the failure, pressed for denuclearization and urged continued pressure on the regime in Washington.
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Iraqi prime minister calls for independent probe into rape slayings
Iraqi Prime Minister Nouri al Maliki urged an independent or joint investigation into the March 12 rape and murder of Abeer Qassim Hamza in Mahmoudiya, calling to review coalition troop immunity. Nine people were killed in ongoing violence as the case draws international scrutiny.
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Israel expands north Gaza incursion into Nissanit installation
Israeli tanks and armored carriers entered the abandoned Nissanit settlement in northern Gaza and opened fire on a nearby town as Hamas militants fired longer range rockets into southern Israel. The move comes as Prime Minister Olmert’s cabinet and top generals discussed the new offensive against abductors allied with Hamas.
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