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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 01, 2008
Page
4
A bold plan proposes elevating the Federal Reserve to oversee financial regulation like a single, strong authority. It aims to modernize rules rooted in 19th century origins to handle 21st century crises and risks to the economy.
Washington report says farmers will plant about 86 million acres of corn this year, down 8 percent from last year. Lower supply amid strong demand for corn ethanol and higher energy costs could push grocery prices higher as corn feeds livestock and appears in many products.
The Cleveland Clinic Lorain Family Health and Surgery Center at Cooper Foster Park Oak Point roads received a Siemens Magnetom Essenza 1.5 T MRI the third in the nation, with high resolution coils for small injuries. The $800000 device was shipped from China via sea and road, joining two other regional machines at Lockport Memorial Hospital and a Georgia facility.
Raul Castro's government opened luxury hotels and resort beaches to ordinary Cubans, ending a rule viewed as tourist apartheid. Cubans can stay in hotels, use gym and beauty facilities, rent cars, and buy consumer electronics with convertible pesos. Prices remain high relative to salaries, signaling a shift toward a consumer economy.
Merck & Co and Schering-Plough shares dropped to new lows as analysts warned that the full results of the cholesterol study reduce Vytorin sales. The drug combines Zocor and Zetia, and results showed no advantage over Zocor for plaque reduction. Physicians increasingly favor older statins, lowering Vytorin prescriptions.
The family of a teenage girl who says she was sexually assaulted by a 19 year old met on MySpace asked the Fifth Circuit in New Orleans to revive the 30 million suit. A Texas judge previously dismissed the claim and immunity under the Communications Decency Act. A three judge panel heard arguments but did not rule.
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