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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Mar 22, 2001
Page
7
The Dow Jones fell over 150 points in early trading, dipping more than 20 percent from its January high and signaling bear market territory alongside the Nasdaq and S&P 500. The Dow hovered around 9,418, Nasdaq rose slightly to 1,844, and the S&P 500 stood at 1,114.02.
Procter & Gamble will cut about 9,600 jobs globally, nine percent of its workforce, with around 40 percent in the United States. Taken with earlier reductions, total cuts reach 17,400 of 110,000 employees as the company seeks long-term growth amid the downturn. The maker of Crest, Tide, and Pampers follows similar reductions by big firms.
In Dallas a 5-month-old, Ethan Fletcher, died in his car seat while his mother worked at a nearby restaurant. She said she forgot to drop him at day care. An autopsy was pending to determine the cause as temperatures rose to 73 in the city and higher in closed cars. Witnesses heard screams when she returned to the vehicle.
One day before Mir's fiery return, Russian ground controllers powered up the station's orientation system and stabilized the uninhabited module. Mission Control reported the station under control as it began the irreversible reentry, with the onboard computer and Progress link ready to adjust its orbit and solar alignment.
Washington confirms 51 Russian diplomats are being expelled as retaliation for a suspected spy case at the FBI. Condoleezza Rice says Russia’s military presence has been on the agenda for years and does not foresee harming U S Russia relations. White House spokesman Ari Fleischer says Bush approved the action and aims for a realistic policy while Moscow plans a likely counter move.
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