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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 25, 2002
Page
3
Congressional negotiators approved compromise legislation to crack down on corporate fraud amid a volatile stock market. The bill imposes criminal penalties and sets up an independent board to oversee accounting firms, with President Bush ready to sign. The deal accelerates passage on a day that boosted Wall Street during a rough period.
The SEC probes AOL Time Warner revenue activities and Adelphia founder noted. Dow Jones clears 8 000 as House Republicans accept major Senate bill provisions amid bipartisan support. Bush aims to sign into law. Gramm dissent noted. The package imposes criminal penalties for fraud and shredding and creates a private sector accounting board.
London based reports say the 1.2 mile wide asteroid 2002 NT7 could reach Earth on February 1 2019 but initial data show a low risk. NASA officials note more observations will refine its path while Torino rates it at 1. The discovery renews debate on space hazards.
A 6 foot autonomous robot named GRACE will attend an AI symposium in Edmonton Alberta to demonstrate courteous behavior such as greeting signs in, smiling, and asking directions. Built by Carnegie Mellon University and collaborators, GRACE will navigate registration, find a room, deliver a speech, and answer questions while other robots showcase recent advances in safe natural human interaction.
Philadelphia police credit 7 year old Erica Pratt with biting through duct tape and escaping a basement hold, ending almost 24 hours of captivity. Investigators continued searching Tuesday for two men, James Burns and Edward Johnson, linked to the abduction in a neighborhood where families deny any wealth motive.
The CDC and partners recommend testing all pregnant women late in pregnancy for group B streptococcus. A New England Journal of Medicine study found screening 50 percent more effective than risk-based antibiotic decisions, potentially preventing about 400 of 1,600 yearly newborn infections and saving dozens of infant lives.
The House passed a bill to ban the procedure 274 to 151 amid White House support and uncertain Senate fate. President Clinton vetoed twice before, and a Supreme Court ruling previously struck down a Nebraska ban for vagueness.
A 16 year old boy is accused of heading a burglary ring that committed over 600 break ins to homes and cars in the McKinney area. He was arrested July 11 after a car break in and remained in a juvenile detention center. The gang netted more than 56000 in stolen goods including computers and cameras.
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