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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 23, 2004

Page

4

Economic indicator still rising for 2004 growth

The Conference Board Composite Index of Leading Economic Indicators rose to 114.3 in December, a new high and ninth straight gain, signaling continued growth. Unemployment claims fell to 341,000 for the week ending Jan 17, the lowest since late December, as analysts note improving job prospects alongside a mixed Wall Street close.

New York Conference Board Labor Department U.S Lynn Reaser Banc of America Capital Management Wall Street Standard & Poor

FDA tip linked to Stewart in ImClone stock case

The AP reports the Martha Stewart case traces to an FDA tip about ImClone’s Erbitux rejection. The sequence reaches from a Christmas Eve alert to Stewart selling over 200000 in ImClone shares before the FDA decision, with five counts including obstruction and securities fraud. Named entities include Martha Stewart Living Omnimedia, ImClone, Erbitux, Sam Waksal, Bristol-Myers Squibb, Richard Pardur, Peter Bacanovic.

Washington Martha Stewart Food and Drug Administration Stewart ImClone Systems FDA ImClone Sam Waksal Associated Press FDA Cancer Richard Pardur Alan Bennett Bristol-Myers Squibb Erbitux Brian Markison Bennett Markison Harlan Waksal Sam Waksal Peter Bacanovic

Judge upholds union financial disclosure rule

A federal judge sustained a Labor Department rule forcing unions to disclose more of their finances and delayed its effective date to July 1. The AFL-CIO challenged authority and burden but the judge ruled the secretary had rulemaking power and the rule is reasonable. The order blocks enforcement until software is fully tested or 90 days after release.

Washington Labor Department Afl-Cio Elaine Chao Gladys Kessler Saieu Kessler Iter

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