Jackson, Miss.–Mississippi Governor Ronnie Musgrove attempting to end the state’s healthcare crisis signed a bill that sets caps for medical malpractice claims. Multimillion-dollar verdicts and skyrocketing premiums have driven away insurers and doctors.
The bill sets caps for pain-and-suffering damages in medical malpractices cases at $500,000, increasing to $750,000 by 2001 and $1 million by 2017. […]

Fredericksburg, Virginia -– Authorities confirmed eighth death had been linked to the sniper responsible for 10 attacks in the Washington area — and reward for information leading to the arrest and indictment of killer is up to half a million dollars.
Spotsylvania County Sheriff’s Maj. Howard Smith said ballistic evidence showed Kenneth Bridges, hit once […]

Charlotte, NC–Continental Tire North America announced a voluntary recall of more than half a million tires installed on Ford Motor Company sport utility vehicles. Consumers will receive free replacements.
The recall involves Continental P275/60R17 ContiTrac AW and General Grabber AW P275/60R17 tires that were installed as original equipment on two-wheel-drive Ford Expedition and Lincoln Navigator SUVs […]

Los Angeles–A federal judge cleared the way Thursday for GlaxoSmithKline the makers of Paxil, an anti-depressant drug, to include language in television ads that the drug is non-habit forming.
In August, U.S. District Judge Mariana Pfaelzer banned the language in a ruling growing out of a civil lawsuit filed on behalf of 35 patients who claimed […]

New York–A State court judge approved a $50 million bail package offered for Mark Swartz, the former chief financial officer who is accused of stealing $600 million from the company. Swartz�s family members posted $5 million in stock and real estate as security.
Swartz, 41, was indicted last month along with L. Dennis Kozlowski, 55, Tyco�s […]

Charleston, W. Va.–ExxonMobil will pay 132 people about $2000 each to settle asbestos claims against it, leaving Union Carbide the single defendant in what was a mass trial of asbestos claims here.
The case once involved nearly 8,000 claims against more than 250 corporations whittled down to three defendants after settlements. Union Carbide, which is […]

Jakarta, Indonesia–At least 54 people have been killed and several injured, in a series of explosion on the tourist island of Bali, were a popular nightclub was destroyed. A Second bomb detonated near the island’s U.S. consular office, no casualties in that blast.
The U.S. embassy warned about possible attacks and closed Sept. 10 for […]

New York–Household International Inc. will pay a record fine up to $484 million to settle charges of predatory lending practices, which misled borrowers into paying high interest rates. A multi-state group of state attorneys general and regulatory agencies accused it of violating state laws by misrepresenting loan terms and failing to disclose material information.
Household, […]