Greenspan quiet as deficit grows
The article outlines Greenspan resisting blame as the White House forecasts a record US budget deficit. It details his Senate testimony, the 2001 tax cut debates, and calls from lawmakers for a stronger stance on deficits, amid shifting fiscal fortunes and rising spending.
MENTIONED IN THIS ARTICLE
Gress
Fed
Greenspan
Jon S. Corzine
Dnia
Gold
Don Hollines
Sam Greenspan
Anor Miditets
Defense
Homeland Security
Nissan Targets Urban Youth With Rebel Ad Campaign
Nissan North America launches a nontraditional strategy to win under-30 buyers in urban markets. A 159-event, 10-city tour centers on a customized Altima serving as a mobile studio with MC delivering live interviews and pirate radio style messages.
MENTIONED IN THIS ARTICLE
Nissan Motor Co
L.S
Gardena
Calif
Nissan North America Inc
Quincy Jones
David Salzman
Jonathon Cropper
Cropper
Nissan
Altima
Dan Gorrell
Strategic Vision Inc
Chicago
MTV Networks
BMW of North America Inc
TVBA/Chiat/Day
Cosmetics firms agree to $175 million giveaway settlement
Cosmetics companies plan to donate about $175 million in products to settle a price fixing suit. Estee Lauder disclosed the filing with the SEC. The class action covers cosmetics buyers from 1994 to 2003. No receipts required for free product. Plaintiffs argue department store prices show collusion.
MENTIONED IN THIS ARTICLE
San Francisco
Securities and Exchange Commission
Estee Lauder
Terry Gross
Stability control lagging in American autos despite proven safety gains
Washington AP report notes electronic stability control reduces crashes in Germany and Europe but is fitted on only 6 percent of US vehicles. Suppliers launch an eight city Washington tour to push consumer demand, not mandates, urging automakers to offer the system more widely.
MENTIONED IN THIS ARTICLE
Washington
Germany
United States
Europe
Bosch Corp
Mercedes-Benz
Mercedes
DaimlerChrysler AG
Bill Kozyra
U.S
Continental Teves Inc
England
Todd Brown
Ford
National Highway Traffic Safety Administration
Tim Hurd
NHTSA
Jeffrey Runge
Runge
Senate
Pension reform could ease funding for workers and firms
House action this week may advance a bill by Rob Portman and Ben Cardin to shift pension rules. It would raise tax deferred retirement options, lower employer funding for defined benefits, move from 30-year Treasuries to high quality corporate bonds for valuation, and raise IRA and 401k contribution limits while delaying RMD age to 75. The plan faces Senate hurdles amid budget deficit concerns and Enron fallout.
MENTIONED IN THIS ARTICLE
Washington
House
Rob Portman
Ohio
Ben Cardin
D-Md
Portman
Cardin
Congress
Senate
Senate Finance Committee
Enron
Treasury
Portman and
Treasury Department
James Klein
American Benefits Council
Pension Benefit Guaranty Corp
Burt Liz Varley
Securities Industry Association
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Washington Post
White House
Federal Reserve
Alan Greenspan
Julia Roberts
J. Shes
Bush
Con
Man Sachs & Co
Senate Budget Committee
Creenspan
Corzine
Ernest F. Hollings
D-S
Greenspai
Los Angeles Times
General Motors
Rick Wagoner
United Auto Workers
Ron Gettelfinger
Detroit
Ways and Means
Bill Thomas
R-Calif
Thomas
Pete Stark
California