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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 02, 2002

Page

1

Senate votes to restore trade promotion authority

The Senate, 64 to 34, approves fast track authority to negotiate trade deals with Congress allowed only to accept or reject. The bill, passed by the House 215 to 212, heads to President Bush for signature before the August recess. Bush calls it a historic moment and an engine for growth, while critics warn about job losses and environmental concerns.

Senate Finance Committee Max Baucus D-Mont Senate House Bush Baucus Wee Congress United States World Trade Organization Donald Evans Gerald Ford Clinton Mexico Canada Murcia U.S Lori Wallach Public Citizen Global Trade Watch Florida

Economy Slows as Manufacturing Grows Tepidly

Reports show June lagging as manufacturing inches up slowly and construction spending falls to the lowest in almost two years. New unemployment claims rose to 387,000 for the week, signaling a rough patch in the recovery.

Washington Labor Department Fed

Dow Jones slides after weak earnings and economy worries

New York AP reports the Dow Jones Industrial Average fell sharply amid a string of bad news and disappointing Exxon Mobil earnings. The Dow dropped nearly 220 points and the Nasdaq and S&P also declined as construction spending, national business activity, and GDP concerns pressured investors. Exxon Mobil led losses with earnings missing expectations, while Royal Dutch slipped on weak profits as the SEC probes energy and telecom accounting practices.

New York Exxon Mobil Wall Street Richard A. Dickson Hilliard Lyons Louisville Dow Standard & Poor America Securities and Exchange Commission Royal Dutch

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