Newsroom Headlines

  May 12, 2003 Senate Finalizes Legislation on Asbestos Liability Intense private-sector negotiations over asbestos liability are winding down, as Senate Judiciary Chairman Orrin Hatch (R-Utah) plans

  May 9, 2003 Weak Reports on Jobs and Retail Sales Send Stocks Down Stocks fell for a second day yesterday, eroding gains from a recent rally, as weak jobs data and weak retail sales reports renewed

  May 8, 2003 U.S. March Consumer Credit Rises $931 Million The rise in U.S. consumer debt slowed in March as auto borrowing declined, Federal Reserve statistics showed, Bloomberg News reported

  May 7, 2003   Hatch Bill to Set Asbestos Compensation Fund at $108 Billion Senate Judiciary Chairman Orrin Hatch (R-Utah) said he is close to ending private sector negotiations aimed at crafting a

  May 6, 2003 Fed Expected to Leave Rates Unchanged The fragile post-war economy is expected to gradually grow stronger this year as uncertainties weighing on American businesses and consumers lift

  May 5, 2003 U.S. Economy: Jobless Rate Rises to 6 Percent, Payrolls Fall U.S. companies cut payrolls for a third consecutive month in April, the jobless rate rose to tie an eight-year high of 6

  May 2, 2003 Economy Remains Sluggish New data suggest the U.S. economy hasn't gained as much momentum since the end of major fighting in Iraq as many economists had hoped, the Wall Street Journal

  May 1, 2003 Greenspan Optimistic on Economy but Cites Risk Federal Reserve Chairman Alan Greenspan said on Wednesday he remains hopeful the end of the Iraq war will result in stronger economic

  April 30, 2003 Bankruptcy Bill Included in Majority Leader's May Agenda Senate Majority Leader Bill Frist (R-Tenn.) has laid out an ambitious legislative schedule for the four weeks prior to the

  April 29, 2003 Labor Officials Offer Bottom Line On Asbestos Litigation Bill In a move that could prove to be a turning point in ongoing negotiations on asbestos litigation reform legislation, labor