Pitt resigns as SEC chief amid Bush pressure
Securities and Exchange Commission Chairman Harvey Pitt resigns after political missteps, the White House accepting the move as investors stumble over Enron WorldCom and Global Crossing. The resignation comes as Bush aides cite turmoil and market volatility amid call for Iraq exit diplomacy.
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Washington
Securities and Exchange Commission
Harvey Pitt
Bush White House
Bush
Pitt
White House
SEC
Enron
World-Com
Global Crossing
Fed poised to cut rates after election pullback
After politicians focused on the economy, Fed policymakers prepare to act. The Federal Open Market Committee met after Election Day to weigh a rate cut, anticipated as a quarter or half point, in response to rising unemployment and payroll declines in October.
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Washington
Federal Reserve
Central Bank
Fed
Federal Open Market Committee
Jurors Deliberate Day in Ryder Shoplifting Trial
Beverly Hills jurors in Winona Ryder's shoplifting case spent five hours on the first day of deliberations without reaching a verdict. Ryder appeared briefly at the courthouse before leaving. the trial concerns whether she stole merchandise worth more than 5500 dollars from Saks Fifth Avenue on December 12, 2001, with possible prison time up to three years if convicted.
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Beverly Hills
Calif
Winona Ryder
Ryder
Saks
Fifth Avenue
Defense blames brothers childhood for Wichita killings
In Wichita, Janice Harding pleaded with jurors to spare her two sons, Reginald and Jonathan Carr, who were convicted of killing five people in December 2000. She described their troubled upbringing and expressed remorse. Defense asked mercy during the penalty phase as prosecutors seek the death penalty for the four murders.
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Wichita
Kan
Janice Harding
Harding
Dodge City
Reginald
Jonathan Carr
Kay Greene
Reginald Carr
Aaron Sander
Brad Heyka
Jason Befort
Heather Muller
U.S. Pushes New Iraq Resolution at U N
The United States prepares a revised Iraq resolution for the Security Council amid eight weeks of negotiations. The draft emphasizes stringent weapons inspections and threats of serious consequences if Iraq does not comply, while offering concessions to critics. The goal is to secure support for a measure amid fears of a new war with Saddam Hussein.
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Iraq
United States
U.S
Saddam
U.N
Associated Press
United Nations
Security Council
Saddam Hussein
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