Renault to invest in Nissan create major auto partnership
Renault SA will invest 5.4 billion dollars in Nissan to buoy the debt laden Japanese carmaker. The deal makes Renault the largest shareholder in Nissan and creates a global partner with 4.8 million vehicles produced. Leaders Yoshikazu Hanawa and Louis Schweitzer signed after board approval, planning 3.3 billion dollars in synergies for 2000 to 2002. Renault will hold 36.8 percent of Nissan and 22.5 percent of Nissan Diesel Motor Co.
MENTIONED IN THIS ARTICLE
Renault SA
Nissan Motor Co
Renault
Nissan
Japan
Yoshikazu Hanawa
Louis Schweitzer
Schweitzer
Nissan Motor
Nissan Diesel Motor Co
Sea Launch marks first orbital test from equatorial platform
The Zenit-3SL rocket lifted off from the converted oil platform Onryssey 1,400 miles south of Hawaii carrying a dummy satellite. Fueled by kerosene and liquid oxygen, the three stage rocket created a smoke plume before reaching an altitude of 1,200 miles. The satellite separated into position 23,000 miles above Earth, with Sea Launch Commander mission control directing the inaugural launch.
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Equatorial
Pacific
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Onryssey
Hawaii
Earth
Sea Launch Co
Mission Control
Sea Launch Commander
Kevorkian Convicted in Assisted Death Case
After nine years as a controversial advocate, Dr. Jack Kevorkian is found guilty of second degree murder and delivery of a controlled substance for injecting Lou Gehrig’s patient Thomas Youk. Prosecutors seek 10 to 25 years. defense to appeal. The verdict sparks debate on end of life options.
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Jack Kevorkian
Kevorkian
Lou Gehrig
60 Minutes
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Michigan
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Youk
Jack Lessenberry
Oakland Press
Pontiac
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Jessica Cooper
David Gorosh
Goresh
Supreme Court
Oregon
CBS
AP Proto
Mont Blanc tunnel fire leaves dozens dead in France
Rescue crews battled extreme heat and toxic fumes as they searched for victims of a truck fire in the Mont Blanc tunnel near Chamonix. The blaze, which began Wednesday and lasted 50 hours, killed at least 35 and may rise. Firefighters described harrowing conditions and questions about why the truck was allowed in and why ventilation failed.
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Chamonix
France
Mont Blanc
Europe
Melissa virus spreads via infected Word documents
Pittsburgh AP reports a new computer virus named Melissa can email documents without warning, exploiting Word 97 or 2000, by reading a user's address book and sending itself to the first 50 contacts. CERT researchers warn of a major security breach as mail servers can be overwhelmed.
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Pittsburgh
Carnegie Mellon University
Microsoft
CERT
Carnegie Mellon
Katherine Fithen
Adam Sohn
Fithen
Melissa virus CERT advisory and Microsoft patch noted
CERT provides CA-99-04 advisory on the Melissa macro virus. Microsoft releases security patch MS99-002 to mitigate the threat.
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Cert.org
Microsoft
Microsoft.com
Whitney Houston shines at Soul Train Awards in Los Angeles
At the 13th Annual Soul Train Music Awards in Los Angeles, Whitney Houston performed It's Not Right But It's OK at the Shrine Auditorium, while Lauryn Hill, aged 23, dominated with three Soul Train awards and shared the Sammy Davis Jr. Award with R. Kelly. Luther Vandross received the Quincy Jones Award for career achievement. News also notes McGuire Sisters singer Phyllis McGuire facing battery and obstruction charges after a Las Vegas incident, plus ongoing Baywatch relocation details and a deposition order for Oliver Stone in the Natural Born Killers case. Upcoming birthdays honor Dirk Bogarde, Ken Howard, Dianne Wiest, Reba McEntire, and Vince Vaughn.
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Whitney Houston
Los Angeles
Houston
Shrine Auditorium
Lauryn Hill
Hill
Sammy Davis Jr
R. Kelly
Luther Vandross
Quincy Jones
Dirk Bogarde
Ken Howard
Dianne Wiest
Reba McEntire
Vince Vaughn
Local Wire Reports Compiled by Phil Witke
Phil Witke compiles a batch of wire reports from /W updates, summarizing daily agency dispatches and notable brief items across regions. The clippings cover politics, economy, crime, and community events with concise notes and sourced details for quick reference.
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Phil Witke
Wire
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