Explosion at Phillips plant near Houston Channel kills worker
A Phillips Petroleum chemical plant explosion in Pasadena Texas killed one worker and injured 52 others. The blast in the main shop area produced a large fire and thick smoke, with about 600 of the 850 employees likely indoors at the time. Local residents and students were advised to stay inside.
MENTIONED IN THIS ARTICLE
Pasadena, Texas
Phillips Petroleum Chemical
Houston Ship Channel
Tim Williams
Norm Berkley
Phillips Petroleum Chemical Plant
Pasadena
Texas
Ex-smoker awarded $40 million in punitive damages
A San Francisco jury ordered Philip Morris and R J Reynolds to pay Leslie Whiteley and her husband $20 million each in punitive damages after finding the companies deceived the public about smoking dangers. The verdict also included $1.7 million in compensatory damages. The award follows the surgeon general warnings era and symbolically aims at 1 percent of the firms' net worth.
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San Francisco
Superior Court
Philip Morris
R.J. Reynolds
Leslie Whiteley
OPEC members fail to reach output agreement in Vienna
In Vienna Iran backs a 1.2 million barrel per day rise while Saudi Arabia and Kuwait favor 1.5 to 1.7 million bpd. Ministers resume talks as market relief from high prices remains uncertain. The group met to decide how much crude to add to global supplies.
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Vienna
Austria
OPEC
Iran
Bijan Namdar Zangeneh
Zangeneh
Organization of the Petroleum Exporting Countries
Saudi Arabia
Kuwait
Doctors warn against megadose vitamin C in cancer care
Doctors warn that large doses of vitamin C during cancer treatment may protect tumors from radiation and chemotherapy by reducing oxygen damage. While not proven harmful, experts cite biological reasons for concern and note that cancer cells can contain high levels of vitamin C. Dr. David Golde presented the warning at an American Cancer Society meeting.
MENTIONED IN THIS ARTICLE
Tampa
Fla
David Golde
American Cancer Society
Greenspan warns against spending budget surpluses
Federal Reserve Chairman Alan Greenspan told the Senate Special Committee on Aging to save the budget surpluses to cut the national debt, arguing for long term funding of Social Security and Medicare and cautioning that surplus income is not free money. Committee Chairman Chuck Grassley noted Republicans favor using most tax surplus for tax cuts.
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Washington
Federal Reserve
Alan Greenspan
Greenspan
Chuck Grassley
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