Weld hopeful about Mexico ambassador appointment
Massachusetts Governor William Weld emerged hopeful about remaining on track for the U.S. ambassadorship to Mexico after a private talk with Secretary of State Madeleine Albright at Harvard. He declined to discuss details, saying only that he felt hopeful. He plans to try to ease concerns from Sen. Jesse Helms who questioned his suitability.
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Madeleine Albright
William Weld
U.S
Mexico
Harvard University
Albright
Weld
Jesse Helms
R-N.c
Murder suspect tied to Nashville killings and other slayings
Tennessee authorities pursue Paul Dennis Reid, a 39 year old Texas parolee, in a string of murders at two Nashville fast foods and 10 similar slayings nationwide. The probe links him to seven Palatine Illinois deaths in 1993 and other attacks including a Nashville Shoney’s manager and Baskin Robbin workers in Clarksville. The case echoes a separate report on Li Yun chung, a Burmese born drug lord facing trial in New York for 1070 pounds of heroin seized in 1991 with a $50 million street value.
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Palatine
Paul Dennis Reid
Texas
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Hayward
Calif
Congress OKs budget outline balancing the budget by 2002
Congress approved a five year plan to balance the budget by 2002 with 135 billion in tax cuts and 35 billion for education programs. The Senate 76 22 and House 327 97 votes backed the blueprint. Critics questioned the credibility of spending reductions and tax cuts while proponents cited conservative CBO projections.
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Congress
Senate
Clinton
House
John Kasich
Ohio
Frank Lautenberg
New Jersey
Senate Budget Committee
Phil Gramm
D-Tex
Washington
Congressional Budget Office
Veto fight over disaster relief bill with political provisions
Washington Republicans push an $8.6 billion disaster aid package tainted by political provisions the White House rejects. Clinton vows veto and urges a clean measure, while Daschle mocks the timing and Gingrich defends the bill. The plan includes a tax on government shutdown risk and Census sampling limits. Senate leaders signal a follow-up with similar provisions.
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Art
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White House
Barry Torv
Senate
Tom Daschle
South Dakota
Newt Gingrich
North Dakota
Trent Lott
Georgia AG admits to adultery and political fallout
Former Georgia attorney general Mike Bowers disclosed an adulterous affair that lasted years, saying he wanted healing for all involved. He remains married but separated during the affair, denying ongoing misconduct and noting Georgia’s adultery statute as a misdemeanor. He has a long record on civil libertarian issues and anti gay ads, with a recent federal appeal upholding a related decision.
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Atlanta
Mr. Clean
Mike Bowers
Bowers
Bette Rose
Georgia
Supreme Court
Michael Hardwick
Hardwick
Robin Shahar
NYSE to price stocks in sixteenths this month
The New York Stock Exchange will start pricing stocks in increments of one sixteenth of a dollar later this month as a step toward trading in cents, potentially starting in January 2000. Presently stocks trade in eighths, making the minimum spread 12 1/2 cents.
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New York Stock Exchange
New York Exchange
NYSE
Wall Street to drop fractions for pennies on stock quotes
New York The New York Stock Exchange will begin trading stocks in dollars and cents by 2000, replacing the 200 year old fraction quotes. The move aims to simplify pricing, spur competition, and shift as much as 3 billion dollars annually to investors.
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Wall St
New York
New York Stock Exchange
Congress
U.S
NYSE
Securities Industry Assn
Jim Sullivan
Ventura
Calif
Microsoft Corp
Wall Street
NBC announcer Mary Albert indicted in February assault case
Arlington County Circuit Court filed an order detailing Mary Albert’s agreement to provide hair and blood samples to authorities probing charges that he bit and sexually assaulted a Vienna woman on February 12 at the Ritz Carlton. Albert, NBC’s lead NBA announcer, faces forcible sodomy and assault charges. he has not entered a plea. The trial is scheduled for September 22.
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Mary Albert
Commonwealth
Richard Trodden
Arlington County
Kodden
Albert
NBC
Vienna
Ritz-Carlton
Friends star Perry enters rehab plans August return
Matthew Perry checked into the Hazelden Foundation in Minneapolis to address prescription painkiller addiction and expects to resume filming the NBC series in August. Variety reports confirm the move as fans await the actor’s return.
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Matthew Perry
Perry
Hazelden Foundation
Minneapolis
Variety
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