Wednesday, March 12, 2008

Beef recall update: Meat company president to testify

Date: Wed, 12 Mar 2008 05:28:40 -0500
NEWS

Fallon resigns as Mideast military chief
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The Navy admiral in charge of the wars in Iraq and Afghanistan announced
Tuesday that he is resigning over press reports portraying him as
opposed to President Bush's Iran policy.

Calls for Spitzer's resignation grow
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New York Gov. Eliot Spitzer remained in seclusion Tuesday as calls grew
for him to resign amid allegations that he frequented a high-priced
call-girl ring.

Obama sprints to Miss. win
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Barack Obama handily defeated Hillary Rodham Clinton in Mississippi's
Democratic primary on Tuesday and captured the Deep South's last
presidential contest before the rivals' showdown in Pennsylvania next
month.

MONEY
Rate cuts pummel money market funds
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Low interest rates and high fees have driven yields on two small
broker-sold money market funds below 1% - and more funds will follow if
the Federal Reserve cuts rates again.

Crash-test report backs stronger roofs on SUVs
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A report to be released Wednesday by the Insurance Institute for Highway
Safety that suggests safety advocates and plaintiff's lawyers have been
correct all along: More than 200 deaths could have been prevented in
rollovers in 2006 if just a few more SUVs had roofs as strong as the
best one it tested.

Beef recall update: Meat company president to testify
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The president of Westland/Hallmark Meat, which last month launched the
largest meat recall in U.S. history, says the videotape that exposed
inhumane handling of cows at his facility did not include any that were
slaughtered and put into the U.S. food supply.

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