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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 14, 2001
Page
18
Milwaukee and Madison musicians react to a federal appeals court decision forcing Napster to stop trading copyrighted songs without permission. Some see it as justice and a fate worse for fans, while others argue Napster spreads music and drives sales.
The government released rollover risk ratings for 30 2001 vehicles with eight SUVs scoring low and four cars earning high marks. Ratings reflect center of gravity and width, not crash likelihood, as SUVs remain more prone to rollovers than cars.
Stocks closed lower as investors reacted to Federal Reserve Chair Greenspan suggesting rate cuts may be smaller than hoped. The Dow fell 43.45 to 10,903.32 and the Nasdaq slid 61.94 to 2427.72 after a mixed retail sales report showing modest January gains.
Greenspan warned of downside risks to the U.S. economy as retail sales rose 0.7 percent in January, fueling expectations of possible rate cuts to avoid recession. The euro weakened against the dollar while the yen recovered, following his testimony before Congress.
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