Terror threat to U S civilians warned amid Iraq actions
The State Department cautioned that terror attacks against U S civilians may rise amid the Iraq situation. It warned that terrorists may employ suicide bombings kidnappings and chemical or biological agents against both official and civilian targets including residences clubs restaurants places of worship schools hotels and resorts.
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Rates mixed in T-bill auction
Interest rates on short term Treasury securities were mixed in Mondays auction The Treasury Department sold 15 billion in three month bills at a discount rate of 1160 percent down from 1165 last week An additional 16 billion was sold in six month bills at a rate of 1185 percent up from 1175 The three month rate was the lowest since April 7 when the bills sold for 1135 percent The six month rate was the highest since Jan 21 when the rate was 1190 percent The new discount rates understate the actual return to investors 1182 percent for three month bills with a 10000 bill selling for 9970 70 and 1212 percent for a six month bill selling for 9940 10 The Supreme Court on Monday rejected an appeal that challenged a 257 million punitive damage award against Time Warner Entertainment Co over its management of an amusement park The case at the court for the second time involved a 1998 jury decision against Time Warner Justices ordered lower courts in 2001 to consider whether the amount was excessive Time Warner lost in the second round as well The company was accused by investors of Six Flags over Georgia of mismanaging the amusement park A jury had concluded that the company and its affiliates underinvested in the park to
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Time Warner ordered to pay damages in Six Flags Georgia case
The jury awarded Time Warner $197 million in compensatory damages and $257 million in punitive damages in the Time Warner Entertainment Co. v. Six Flags Over Georgia, LLC case. Time Warner and partners had sold the Six Flags chain in 1998.
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Three Way Talks Set with North Korea in Beijing
The United States, North Korea and China will hold three days of talks starting Wednesday in Beijing on the North Korean nuclear weapons program. Assistant Secretary of State James Kelly will lead the U.S. delegation. The talks aim to expand to include Japan and South Korea, with emphasis on a nuclear-free peninsula.
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Museum marks Earth Day with pins
The National Museum of American History accepts a second collection of over 1,500 environmental lapel pins. Highlights include a "No Dam Way" pin protesting Army Corps of Engineers dams and a "The Corps Cares" tribute to the Corps mission. A six inch snail drawing pins energy conservation. donations come from Gerald H. Meral of Sacramento's Planning and Conservation League, with existing pins from Michael McCloskey of the Sierra Club.
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U.S. finds chemical weapons gear in Iraq site
U S weapons experts seized ingredients and equipment possibly used for chemical weapons south of Baghdad with help from an Iraqi scientist who claimed ties to Saddam’s program. Officials warned findings are unverified and not conclusive of stocked weapons.
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Garner arrives to spearhead Iraqi recovery amid new power hopes
In Baghdad US administrator Jay Garner arrives to oversee reconstruction and humanitarian aid as Iraq moves toward an interim government. He tests power restoration at Yarmuk hospital, vows leadership by Iraqis, while Iran questions any American-led authority and cautions UN involvement may be needed.
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