Justice opens probe into AOL Time Warner
The Justice Department is examining AOL Time Warner's accounting practices with possible criminal implications. Regulators are already probing the company and the stock has fallen amid heightened investor concern.
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Tuition climbs amid lean state revenues across public campuses
Public four year colleges face higher in state tuition as state revenues shrink and costs rise. University of Colorado Boulder raises in state tuition 6 percent to 3566. Texas A&M up nearly 28 percent to 4758 for new students. KU up 21 percent, Iowa 19 percent, Washington State 16 percent. Virginia Tech ends seven year freeze as in state tuition rises above 7 percent. California campuses hold in state fees steady, out of state climbs possible.
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Prosecution Opposes New Trial for Andersen Firm
Federal prosecutors in Houston argue Arthur Andersen LLP is guilty regardless of the jurors’ method. They request U.S. District Judge Melinda Harmon deny Andersen’s bid for a new trial, contending the doctored memo was a key piece of evidence linking the firm to Enron related misconduct.
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SMISD weighs bond issue after ADA and aging facilities review
SMISD review group, including Superintendent Adram Johnson and board president Frank Proctor, examines upgrades for the high school and gym, addressing ADA access and roof problems. The committee report is due Aug 8 with potential public meetings planned. no new schools proposed and funds limited to repair and maintenance. Voters could see a bond election as early as Oct 5 pending board action and public sentiment.
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