Lawmakers seek antitrust probe of cereal pricing
ASHINGTON AP Lawmakers urge the Justice Department to investigate if cereal giants Kellogg General Mills Post and Quaker Oats conspire to keep prices high amid $4.49 Raisin Bran and other top brands. They argue 85 percent market control and 55 percent of price going to ads and profits. The industry defends prices and cites inflation, while FTC found no anticompetitive practices.
MENTIONED IN THIS ARTICLE
Ashington
Wye House
Justice Department Antitrust
Charles B. Schumer
D-N.y
Sam Gejdenson
D-Conn
Justice Department
Kellogg's
General Mills
Post
Quaker Oats
Grocery Manufacturers of America
Federal Trade Commission
Gina Talamona
Janet Reno
Endeavour's Telescopes Observe Colliding Galaxies
NASA scientists aboard Endeavour study two colliding galaxies about 90 million light years away with an ultraviolet imaging telescope. The event, estimated at 20 billion solar masses, may yield insights into star formation post collision and why galaxy mergers are rarer today. The mission also records film data for the ultraviolet imager to test equipment before final processing after landing.
MENTIONED IN THIS ARTICLE
Pace Center
Endeavour
NASA
Susan Neff
Neff
Hubble Space Telescope
Ultraviolet Imaging Telescope
Goddard Space Flight Center
Greenbelt
Names In The News: Hollywood, Politics And Jeff Gillooly
In Portland Jeff Gillooly legally changed his name to Jeff Stone amid public chiding. Tonya Harding's ex-husband, jailed for seven months over the Kerrigan attack, was not present at a hearing. Other items note Shirley MacLaine recounting Sinatra and Martin visits, Dave Barry's Capitol Hill stint, and John Bobbitt’s plan to pay child support with a $50,000 film proceeds.
MENTIONED IN THIS ARTICLE
Portland
Ore
Jeff Gillooly
Tonya Harding
Jeff Stone
Temecula
Calif
NASA
Donna Reed
Paul Petersen
Gillooly-turned-Stone
Harding
Nancy Kerrigan
New York
Shirley MacLaine
Frank Sinatra
Dean Manin
MacLaine
Sinatra
Martin
Agara Falls
N.Y
John Bobbitt
Bobbitt
Andrew
Buffalo News
Mexico Congress approves 20 billion aid package
Mexico City AP report says congress approved a $20 billion U.S. aid package despite austerity complaints. President Zedillo would study the package before unveiling a new plan as markets falter and the peso hits new lows amid central bank bond auctions being abandoned for a third week. Opposition deputies voted against the loan citing high rates and spending cuts. Jorge Cejudo Diaz urged rejecting false solutions and risk of unworkable measures. The peso closed at 6.795 per dollar for the third straight day.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Congress
U.S
Ernesto Zedillo
Chamber of Deputies
United States
Jorge Cejudo Diaz
Institutional Revolutionary Party
Also Mentioned on This Page
Schumer
Ings
Dean
Frank
Washington
Dave Barry
Capitol Hill
Barry
Steve LaTourette
Ohio
LaTourette
Southwestern Bell
Southwestern Bell Telephone
Reas
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