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Anucha Browne Sanders Speaks Out on Knicks Case
Former New York Knicks executive Anucha Browne Sanders recently won a multimillion-dollar sexual harrassment suit against Knicks coach Isiah Thomas and Madison Square Garden, the basketball team's owner. Browne Sanders talks about Thomas, her case and why she sued.
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Wall Street Firms Bested by Credit Market Woes
The problems in the housing and credit markets are leading to more layoffs on Wall Street. Investment bank Bear Stearns says it will trim 310 jobs from its mortgage group. Merrill Lynch fired two senior executives.
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FDA to Weigh In on New Label for Cough Medicines
A petition before the Food and Drug Administration could change the way parents care for children with colds. Many pediatricians cite a lack of evidence that cough medicines are safe or effective for young people.
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NY Knicks to Pay $11.6M for Sexual Harassment
A jury orders the owners of the NBA's New York Knicks to pay $11.6 million to a former team executive. The jury of four women and three men found that team officials, including coach Isiah Thomas, sexually harassed Anucha Browne Sanders.
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Cheap Dollar Puts U.S. Firms in Takeover Danger
A cheap dollar may be boosting exports, but it's also putting U.S. companies on sale. Foreign firms are snatching up U.S. based companies at the fastest pace in seven years. When the topic is foreign takeovers of U.S. firms it doesn't take much to prompt concerns about loss of jobs and control. But many observers see these transactions as an absolutely normal and inevitable part of globalization.
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Japan Trades In Suits, Cuts Carbon Emission
In an effort to meet a Kyoto Protocol pledge, Japan managed to cut about 1.4 million tons of CO2 emissions last year. The nation reduced summer air-conditioning use, overturning a decades-old "suit and tie" tradition along the way.
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Doubts Arise in Wake of Myanmar Crackdown
The government says order has been restored in Myanmar, following a crackdown on recent anti-government demonstrations. But some say the bloodshed has made security forces squeamish about using violence to quell any future protests.
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Myanmar's Military Rulers Avoid Meeting U.N. Envoy
In Myanmar's largest city, troops appear to ease their lockdown after the largest anti-government protests in decades, as a U.N. envoy hopes for a meeting with the country's top military leader to convey the people's demands for democracy.
Musharraf Gets Court's OK for October Election
Pakistan's Supreme Court ruled 6-3 Friday that President Pervez Musharraf is allowed to contest the Oct. 6 election, dismissing legal challenges that he could not run while remaining army chief. The ruling virtually assures Musharraf will remain Pakistan's leader.
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Pakistan's Musharraf Cleared to Keep Army Post
Pakistan's president, Gen. Pervez Musharraf can run for another term while holding on to his post as army chief, the country's Supreme Court said. The move angered opposition leaders, who had been demanding he relinquish control of the military.
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