Industrial activity sinks again in May
May industrial output fell 0.8 percent, marking an eighth straight monthly decline and signaling continued weakness in the sector. Capacity usage slid to 77.4 percent, the lowest since August 1983, while high tech capacity hit a 25 year low. Analysts say the Fed may cut rates again to curb recession risks as inflation stays mostly in check.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Mark Zandi
Economy.com
Wall Street
Nortel Networks
JDS Uniphase
McDonald's
Dow Jones
National Association of Manufacturers
Jerry Sinowskivil Oi
Fed
Lynn Reaser
Banc of America Capital Management
Alan Greenspan
Colorado House Speaker Doug Dean in screwdriver incident
Colorado Springs state House Speaker Doug Dean faced scrutiny after using a screwdriver to access the home he shared with his girlfriend following a breakup. The incident led to a restraining order, but prosecutors declined charges. Dean refused to admit wrongdoing, saying he broke no law, and observers doubt his political future.
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Denver
Colorado
Doug Dean
State House
Colorado Springs
Dean
Katy Atkinson
Congress
Bill Owens
Gloria Sanak
Sanak
Bill Ritter
Ritter
Carole
Floyd Ciryli
Martian Meteorite Sayh al Uhaymir 094 Found in Oman
Swiss University of Bern scientists report a fist sized Martian meteorite unearthed in the Oman desert. It is among 18 known Martian rocks on Earth and could yield clues about ancient Mars life through its hollow pockets and isotopic makeup.
MENTIONED IN THIS ARTICLE
Geneva
Earth
Mars
Oman
University of Bern
Marc Hauser
Antarctica
Hauser
Associated Press
Sayh al Uhaymir
Ment
South Pole
Allen Hills
Antarctic
Solar System
U.S
Navy seeks multiple sites to replace Vieques training
Navy Secretary Gordon England says sailors and Marines may use several training sites and adjust exercises as Vieques Island ends naval operations by May 2003. He calls Vieques a crown jewel but vows to find suitable alternatives and form an expert panel to reinvigorate training. Bush plan faces protests and criticism over readiness implications.
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Washington
Navy
Gordon England
Vieques Island
England
Vieques
Atlantic
Bush
United States
Pentagon
America
Also Mentioned on This Page
Nmbe
Oman Desert
Sources
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WorldSat
Cellularenewest.com
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