IRS halts improper tax collection and may issue refunds
The IRS plans apologies and potential refunds for about 20,000 taxpayers after finding it improperly pushed extensions of installment agreements beyond the 10 year limit. The agency will send apology letters with claim forms and a toll free line, as Senator Roth praised reforms.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Lee Monks
Senate Finance
Wiliam
Roth Jr
Del
Roth
Disney execs leave Magic Kingdom
Burbank California AP reports Disney, led by chairman Michael Eisner, shows record profits and expansion while four top executives in their 30s resign, sparking questions about leadership succession and power sharing. Analysts say departures may reflect pervasive poaching of talent rather than discontent with Eisner.
MENTIONED IN THIS ARTICLE
Burbank
Calif
Walt Disney Co
Disney
Michael Eisner
Magic Kingdom
Eisner
ABC
ESPN
Jill Krutick
Solomon Smith Barney
Arthur Rockwell
Drake Capital Securities
Deadbeat Parents Act passes Senate to curb interstate evasion
The Deadbeat Parents Act of 1998 clears the Senate and moves to President Clinton. It treats willful nonpayment of child support of five thousand dollars or more, with over one year delinquency, as a federal felony when a parent crosses state lines or the child resides in a different state. Sponsored by Henry Hyde and Steny Hoyer, the bill awaits signing.
MENTIONED IN THIS ARTICLE
Senate
Clinton
Henry Hyde
R-L
Steny Hoyer
D-Md
Mr. Hyde
Mr. Hoyer
Rain grounds copters aiding Afghan quake survivors
In Faisabad Afghanistan heavy rain halted helicopters carrying food and evacuations for the May 30 earthquake victims. The 6.9 magnitude quake left up to 5009 dead and thousands injured as aid workers struggle to reach dozens of damaged villages with depleted food and water supplies. only 96 injured had been evacuated. Six days after the disaster most areas had not seen a UN or Red Cross helicopter land.
MENTIONED IN THIS ARTICLE
Faisabad
Afghanistan
Red Cross
Alberta to compensate almost 500 sterilization victims
Alberta will pay about 33 million dollars to roughly 500 people sterilized without consent under the former Sterilization Act. The settlement covers two thirds of surviving victims, with a panel to resolve an estimated 250 to 300 remaining claims. More than 2,000 Albertans were sterilized between 1928 and 1972.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Canada
Justice Department
Justice
Jon Havelock
Swiss banks seek big Holocaust assets settlement
Swiss banks Credit Suisse Union Bank of Switzerland and Swiss Bank Corp met with Holocaust survivors’ lawyers in New York amid reports they would offer over $1 billion to settle claims of stolen assets from dormant wartime accounts. A source said the banks anticipated a >1 billion offer with continued calls for larger compensation. Attorneys warned the amount may not satisfy all claimants.
MENTIONED IN THIS ARTICLE
New York
Switzerland
Credit Suisse
Union Bank of Switzerland
Swiss Bank Corp
Associated Press
Stuart Benstat
Clinton
Edward Fagan
Malt-O-Meal recalls plain toasted oat cereals nationwide
The Associated Press reports Malt-O-Meal Inc recalls its plain toasted oat cereals including Toasty Oats and Toasted Oats and regional store brands sold in various stores. The recall covers Malt-O-Meal’s national brand and store brands distributed regionally.
MENTIONED IN THIS ARTICLE
Associated Press
Reno rules DEA cannot block Oregon assisted death law
Attorney General Janet Reno ruled federal drug agents cannot move against doctors aiding terminally ill patients under Oregon's death with dignity law. The decision sparked immediate calls in Congress to overrule. supporters hailed it as enabling broader debate, while opponents warned of rising doctor-assisted deaths and federal penalties for noncompliant physicians.
MENTIONED IN THIS ARTICLE
Washington
Janet Reno
Oregon
Congress
Supreme Court
House Judiciary Committee
Henry Hyde
James L. Oberstar
D-Minn
Ms. Reno
Gan Group
Clinton
Justice Department
Drug Enforcement Administration
Thomas Constantine
DEA
Mr. Hyde
CSA
Lori Hougens
National Right To Life Committee
Ms Hougens
Implant offers hope for Parkinsons sufferers
A brain implant trial in Europe yields dramatic relief from rigidity tremor and movement problems in Parkinsons patients. Medtronic seeks FDA approval for Activa therapy in the United States as patients self fund surgeries costing about 25 000 to 35 000 dollars. The device targets deep brain tissue to suppress symptoms, with early results described as startlingly strong though not curative.
MENTIONED IN THIS ARTICLE
Food and Drug Administration
Mark Stacy
Muhammad Ali Parkinson's Research Center
Phoenix
National Parkinson Foundation
FDA
Medtronic Inc
Alm-Louis Benabid
University of Grenoble
France
Medtronic
European Union
Activa
Also Mentioned on This Page
Monks
Philadelphia
SEARS
Panasonic
Jack
Jill
Kilmersdon
England
West
Holiday Inn
Frederick Call
David E. Furrer
Seigel, Tully and Furrer
Reno
Karen Stephan
Minnesota
Stephani
Howe
Finnl
Oak Post
M Center
Ation
Dask & Hutch
Heli
Ind
Drower Dresser
Murcor
Eokcase
Queen Headboard
Netestand
le Bat
Sarvi and
Gig Plas
Frederick
Rockville
Centreville
Oal
Kellogg’s
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