Congress Debates Damages and GOP Business Shield Battle
A split Congress weighs bills to curb punitive damages and limit securities fraud claims as business groups tout hard caps while Public Citizen cites Stella Liebeck’s McDonald’s coffee award as evidence of a system out of control. Lawmakers seek to shield businesses amid a decade of lobbying under the Contract With America.
MENTIONED IN THIS ARTICLE
McDonald’s
House
Public Citizen
Stella Liebeck
Albuquerque
N.M
Larry Stewart
Association of Trial Lawyers of America
The
Sherman Joyce
American Tort Reform Association
Joyce
Congress
America
Lawmakers seek five year tax credits to repay federal retirees
North Carolina senators Beverly Perdue and Tony Rand propose a bill to grant five year tax credits totaling 142.7 million dollars to federal retirees taxed excessively on benefits from 1985 to 1988. Representative John Nichols backs a House version as debates tie to other budget and veto reforms.
MENTIONED IN THIS ARTICLE
Craven County
Beverly Perdue
D-Craven
Perdue
Tony Rand
Dcumberland
State Senate
Craven
Cumberland County
North Carolina
U.S. Supreme Court
Davis
Michigan
Supreme Court
John Nichols
R-Craven
House
General Assembly
French owners sell Texasgulf to Canadians
Elf Aquitaine and The Williams Companies announce sale of Texasgulf Inc to Canada's Potash Corp for 810 million dollars. Elf holds 85 percent and Williams 15 percent. Texasgulf, Raleigh based, is a major phosphate rock and product producer with Lee Creek mine in Aurora Beaufort County.
MENTIONED IN THIS ARTICLE
Elf Aquitaine SA
Williams Companies Inc
Texasgulf Inc
Canada
Potash Corp
Elf
Phos
Phate Company
Williams
Texasgulf
Tulsa
Oklo
Philippe Jaffre
Raleigh
Texas Gulf
Lee Creek
Aurora
Beaufort County
North Carolina Faces Uncertain Commercial Fishing Season
The coming North Carolina commercial fishing season is in doubt as a two year moratorium on new licenses blocks out of state Florida fishermen. Fisheries officials warn the large gill nets threaten fish stocks and trap livelihoods of local commercial and recreational fishers while the moratorium remains in place.
MENTIONED IN THIS ARTICLE
North Carolina
Florida
Carolina
Fentress Fisheries Management
Tion
N.C
Munden
Health Fever in healthy behaviors
Americans chase a healthier lifestyle with exercise and safety but miss goals on fiber, sodium and broccoli. The Prevention Index, based on 1262 adults, shows an overall 65.6 score down from 66.8, with 93 percent having smoke detectors and 44 percent always obeying speed limits, while six hours sleep or less grips 30 percent.
MENTIONED IN THIS ARTICLE
Prevention
Nancy Landon Kassebaum
Senate Labor and Human Resources Committee
Princeton Survey Research Associates
Also Mentioned on This Page
House Debates
GOP
Washington
Unusual Coalition
Bill
Sandy Lemans
Michael Genovese
Sun Journal
Nichols
R-Cra
Charlie Peek
Sun Joy
Beaufort
Rann Carpenter
France
Associated Press
Wilmington
Ann Landers
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