Congress vows to revive tobacco legislation after ruling
Congress pledges swift action to restore FDA authority over tobacco after the Supreme Court says current law lacks power to regulate it. McCain warns industry influence remains a hurdle. Waxman Reed Kennedy push FDA regulation. Clinton urges prompt action from abroad.
MENTIONED IN THIS ARTICLE
Congress
Washington
Supreme Court
John McCain
R-Ariz
McCain
Senate
Food and Drug Administration
Jack Reed
DRL
Secretary of Health and Human Services
Edward Kennedy
D-Mass
FDA
Clinton
India
Fed Hikes Rates Again As Inflation Fears Rise
The Federal Reserve raises the federal funds rate to 6 percent marking the fifth quarter-point increase since June. Analysts expect further hikes this year as the economy expands near 6 percent in the current quarter and unemployment stays low, with banks lifting prime rates to 9 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Richard Yamarone
Argus Research Corp
Fed
Yamarone
U.S
Mark Zandi
RFA Diamal Sciences
Wall Street
Bank of America
Wells Fargo
Central Bank
Alan Greenspan
Greenspan
USDA May Cut Back on Meat Plant Inspections
Federal officials propose reducing inspections at processing plants to daily random checks within a year to save millions in overtime and focus on higher risk facilities. Slaughterhouses would remain fully inspected. Critics warn of potential public health risk amid past tainted meat incidents including the 1998 Michigan hot dog outbreak.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Margaret Glavin
USDA
Food Safety and Inspection Service
Caroline Smith DeWaal
Center For Science
Michigan
Rezulin diabetes drug pulled after liver death concerns
The FDA ordered Parke-Davis Warner-Lambert to remove Rezulin from the market after linked liver toxicity and 61 deaths. About 750,000 Americans used the type 2 diabetes medicine. Critics say the drug was dangerously unsafe and should have been withdrawn sooner. Avandia and Actos are noted as safer alternatives.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Parke-Davis/Warner-Lambert
Morris Plains
N.J
FDA
Sidney Wolfe
Actos
Also Mentioned on This Page
Henry Waxman
C. Everett Koop
Sandra Day O'Connor
ST Mon Internet Mane
Rorkeaplue.net
NSYNC
OnCue Music
Movics
Jive
Alltel
Focal
Omaha
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