Senate blocks limits on minors credit card use
The Senate rejected two Democratic attempts to curb minors credit card access 55-42 and 58-41. Feinstein and Dodd proposals would require parental co sign or income or counseling. A Kennedy bid to cap IRA shielding failed 61-37. The broader bankruptcy reform advanced toward final passage as Bush poised to sign.
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Dianne Feinstein
D-Calif
Christopher Dodd
D-Conn
Orrin Hatch
Utah
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Mass
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Algerian on trial for plot to bomb U S cities
Ahmed Ressam faced charges of planning to bomb Seattle and other U S cities during Millennium celebrations after being stopped with a carload of explosives just before New Year’s Eve 1999. Prosecutors called it a prevention triumph while the defense portrayed him as unwittingly exploited.
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Seattle
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Ahmed Ressam
Steven Gonzalez
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Algeria
Navy pilot cleared to drop bombs in Kuwait attack
An F A 18C Hornet from USS Harry S Truman dropped two to three 500 pound bombs on an observation post used by forward air controllers during Desert Spring. Six people died including five Americans and one New Zealand officer. A U S forward air controller allegedly cleared the strike then ordered abort seconds too late.
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Deal keeps Washington portrait at Smithsonian
A $30 million gift from the Donald W. Reynolds Foundation will fund the permanent display of Gilbert Stuart’s 1796 George Washington portrait at the National Portrait Gallery. Smithsonian pays Lord Dalmeny $20 million for the painting, which has been in the family since the 1880s, with additional funds for a renovated wing and an educational traveling display.
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Coke to overhaul tactics in schools
Coca Cola Co will announce changes in school marketing and vending practices. The plan includes urging nonexclusive contracts, offering healthier beverage options, and school mascot or neutral vending fronts to curb fat and sugar concerns amid obesity and diabetes worries cited by parents and policymakers.
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Coke
Coca-Cola Co
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