Greenspan urges deficit restraint in tax cut debate
Fed chief Greenspan warned Congress to curb deficits and avoid new tax cuts, saying surging future costs loom with Baby Boom retirements. He backed measures to cap spending and make tax changes revenue neutral, while noting Iraq uncertainties cloud the economy and long-term growth should be the focus.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Congress
Greenspan
Bush
Senate Banking Committee
Fed
White House
Ari Fleischer
Iraq
United States
CEOs pay and scrutiny amid bankruptcies at Kmart and peers
The Kmart board limited CEO compensation for Julian Day, paying a $1 million base salary plus $1 million upon emerging from bankruptcy, while former chief Charles Conaway earned over $20 million in loans, shares, and bonuses. Analysts debate whether restrained pay hinders or helps turnarounds as WorldCom and others faced large bankruptcies and executive rewards remain under scrutiny.
MENTIONED IN THIS ARTICLE
New York
Kmart
Julian C. Day
Day
Sears
Safeway Inc
Charles Conaway
James Adamson
Conaway
Ting
WorldCom
Enron
U.S
Michael Capellas
Monitor
SEC
Richard Breeden
Capellas
America
Harlan Platt
Northeastern University
College of Business Administration
Microsoft hit with Europe antitrust case
A coalition of computer, telephone and Internet firms filed a confidential EU antitrust complaint against Microsoft over Windows XP. The 260 page petition alleges XP biases its user interface to favor Microsoft software, aiming to protect monopolies and hinder rivals in new markets. The European Commission will review the case as it continues its long running inquiry.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Microsoft Corp
Computer & Communications Association
European Commission
Microsoft
European
Paris
Tiffany Steckler
U.S
Commission
Amelia Torres
Mario Monti
Torres
Monti
Steckler
Stuttering Information From TV and Online Sources
Dear Jerry column reviews how to locate stuttering information on ABC segments and 20/20. It highlights Good Morning America coverage November 14, 2002 and provides contact details for ABC and the Stuttering Foundation of America.
MENTIONED IN THIS ARTICLE
ABC
Abc.com
Rebecca
Timothy Johnson
Good Morning America
Columbus Avenue
New York
Gma
Market falls as bin Laden tape spooks investors
Wall Street slid on fears of war and terrorism after Al Jazeera aired an audio tape purportedly from Osama bin Laden calling Iraqis to stand firm. Greenspan said Iraq uncertainty hampers the economy, with major indices down after mixed gains earlier. Analysts expect a wide trading range until Middle East tensions ease.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Osama bin Laden
Iraq
Federal Reserve
Alan Greenspan
Middle East
Matt Brown
Wilmington Trust
Standard & Poor
Senate
Greenspan
Congress
China
Russia
U.N
The
Security Council
United States
Britain
Dollar Rises Versus Currencies as Gold Slides Ahead of Iraq War
In European trading the U S dollar strengthened against major currencies while gold prices fell sharply as investors weighed prospects of a U S led war on Iraq. The euro slipped to 1 0710 dollars, with Tokyo and European markets showing mixed gains for the dollar and a drop in gold prices across London Zurich and Hong Kong. London closed gold at 362 60 dollars per ounce, down from 370 30. Hong Kong settled at 364 00, off seven 50.
MENTIONED IN THIS ARTICLE
London
U.S
Iraq
New York
Europe
France
Germany
Belgium
NATO
Turkey
Zurich
Hong Kong
Also Mentioned on This Page
Dick Cheney
Charles Grassley
Iowa
Senate Finance Committee
House
Tom Delay
Texas
Jerry
Jay
Vision Network
Bacon
ABC Television Network
John Stossel
Stuttering Foundation of America
Jerry Romansky
Washington, D.C
Earthfink
Rebecca A
Clarksville, Tenn
bin Laden
Charles H. Blood Jr
Brown Brothers Harriman & Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!