Newsroom Headlines

  September 2, 2003 Asbestos Bill Struggling on Capitol Hill With Congress returning to town this week, the asbestos bill has not been scheduled for Senate floor time and may have a hard time getting

  August 22, 2003   More Americans Late on Credit Card Payments in June More Americans fell behind on their credit card payments in June than a year ago due to a sluggish economy that has led to a

  August 21, 2003   iPCS Creditors Win OK to File Suit Against Sprint PCS Creditors of iPCS Inc. said on Wednesday they won bankruptcy court approval to proceed with a lawsuit against wireless

  August 20, 2003   MCI Reaffirms Guidance, Clarifies SEC Filing MCI on Tuesday reaffirmed its most recent financial forecasts and clarified statements made in a filing with the Securities and

  August 19, 2003   Bankruptcy Cases Continue to Break Records The total number of bankruptcies and the total number of non-business (personal) bankruptcy cases filed in the 12-month period ending

  August 18, 2003   Family Farmer Bankruptcy Relief Act of 2003 Signed Into Law The Family Farmer Bankruptcy Relief Act of 2003 (H.R. 2465, S. 1323), which expired on July 1, was signed into law by

  August 15, 2003   Some Relief for U.S. Telecoms, But Risks Remain A welcoming U.S. junk bond market has helped many weak telecommunications companies refinance debt and shore up liquidity, yet some

  August 14, 2003   Retail Sales Rise in July Consumers were in the mood to spend last month, suggesting a solid start to the back-to-school shopping season and raising hopes that the all-important

  August 13, 2003   Fed Makes Unusual Pledge To Keep Interest Rates Low The Federal Reserve kept its interest-rate target at a 45-year low of 1 percent, while making an unusually explicit commitment

  August 12, 2003   Fed Expected to Leave Rates Unchanged The Federal Reserve is set to keep official U.S. interest rates unchanged at 45-year lows at its policy meeting on Tuesday, Reuters reported