Bush administration moves to end West Coast port lockout
The Bush administration plans to seek a federal court order to end the 29 West Coast port lockout for 80 days, citing harm to national health and safety. The move follows a presidential inquiry board report and aims to avert a broader economic crisis, with estimates of up to 2 billion dollars daily losses.
MENTIONED IN THIS ARTICLE
Washington
White House
Bush
San Francisco
West Coast
ILWU
Inquiry Board
Companies settle diluted drug case in Missouri suits
Eli Lilly & Co and Bristol-Myers Squibb settle more than 300 lawsuits accusing failing to stop pharmacist Robert R. Courtney from watering down cancer drugs. Terms undisclosed. Trial for Courtney to proceed, with opening arguments planned. Mediation prompted reconsideration, as plaintiffs seek approval of the settlement. Courtney pleaded guilty to federal charges of adulterating misbranding and tampering with medications.
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Kansas City
Lilly
Rebecca O. Kendall
Missouri
Grant L. Davis
Georgia Hayes
Courtney
FDA cracks down on illegal ephedra use
FDA targets Yellow Jackets an herbal pill linked to ephedra and stimulants. The agency warns against marketing dietary supplements as street drug alternatives and halts imports while lawmakers weigh safety concerns after a teen death linked to the product.
MENTIONED IN THIS ARTICLE
FDA
Washington
Food and Drug Administration
Senate
U.S
Lester Crawford
Shuttle launches mark return to space with Atlantis mission
Space shuttle Atlantis lifted off from SPACE CENTER Houston continuing the expansion of the orbiting outpost. The mission carries a 14 ton, 390 million girder to extend the station framework while three astronauts prepare three spacewalks to install the structure.NASA previously grounded the fleet due to cracked fuel lines and hydrogen pipe failures leading to extensive welding repairs.
Former WorldCom executive pleads guilty in scandal
Buford Yates, ex-director of general accounting at WorldCom, pleaded guilty to conspiracy and securities fraud and said he followed orders to inflate earnings by about 5 billion dollars between 2000 and 2002. He cooperates with prosecutors as part of a deal, joining another former WorldCom controller who pled guilty recently.
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New York
WorldCom
Buford Yates
Yates
U.S
Manhattan
David Myers
David Schertler
Myers
Bernard Ebbers
Ebbers
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