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Date: 10 July 2003
By Jacques Steinberg
Jacques Steinberg
US News & World Report is dropping 'yield rate,' percentage of applicants accepted by university who later enroll at institution, from its influential college ranking formula; cites efforts by colleges to raise rankings by admitting large numbers of students under 'binding early decision' programs; notes rate counted for only 2 percent in formula (M)
Date: 09 July 2003
By Joseph Kahn (NYT)
Joseph NYT
New China News Agency reports 13 people have died and 400,000 people have been evacuated in Anhui Province as residents experience worst flooding on Huai River in more than 10 years; cost of disaster is estimated at $1 billion; map (S)
Date: 10 July 2003
By Eric Lichtblau
Eric Lichtblau
Federal authorities arrest Chicago-area newspaper publisher Khaled Abdel-Latif Dumeisi, saying he worked for years as secret Iraqi agent; use Iraqi intelligence dossier seized in Baghdad after fall of Saddam Hussein to prove their case against him; officials say Dumeisi, Jordanian citizen who has lived in US for decade, provided former Iraqi intelligence officials in Manhattan and Baghdad with information on Iraqi opposition groups in US and furnished fake American press credentials, phone logs and other material as part of clandestine intelligence network; Dumeisi is president of Around-the-World News, which officials say publishes periodicals in Arabic and English; in 1999 interview with FBI, he said his frequent contacts with officials at Iraqi mission to United Nations were carried out in his role as journalist; FBI claims work as journalist was cover for his secret role as agent (M)
Date: 09 July 2003
By Seth Mydans
Seth Mydans
Three men were released today after being sentenced to prison during a trial that one of them called "a mockery of justice."
Date: 10 July 2003
By George Vecsey
George Vecsey
George Vecsey Sports of The Times column discusses Tour de France atmosphere, which teems with colorful and loud advertisements, international journalists, French locals, cycling enthusiasts as well as cyclists; photo (M)
Date: 10 July 2003
By Seth Mydans
Seth Mydans
Two European journalists and their American interpreter are released in Laos after being sentenced to 15 years each in two-hour trial; they were seized June 4 while reporting on ethnic Hmong insurgents; Thierry Falise, Belgian photographer, says trial was mockery of justice; he and Vincent Reynaud, French cameraman, were convicted along with their interpreter, Rev Naw Karl Mua, ethnic Hmong from St Paul, Minn; their release follows strong protests from their home countries, from journalists' associations and from human rights groups; three express concern for three Laotians arrested with them and still being held in detention (M)
Date: 10 July 2003
By Bloomberg News
Bloomberg News
Shares of Altria Group fall 6 percent on concern Illinois court might reinstate $12 billion deposit company was required to pay to appeal legal judgment, which found unit of conmpany liable for misleading smokers with deceptive cigarette ads; appeals court judges in Illinois question whether judge who presided over suit against Philip Morris USA unit had power to cut bond to $6.8 billion (S)
Date: 09 July 2003
By Bloomberg News
Bloomberg News
Invensys sells semiconductor business Teccor Electronics to Littelfuse Inc for $44 million (S)
Date: 10 July 2003
By Bloomberg News
Bloomberg News
European drug maker AstraZeneca wins backing of Food and Drug Administration advisory committee for approval of anticholesterol drug Crestor (S)
Date: 10 July 2003
By Bloomberg News
Bloomberg News
Brandywine Asset Management will vote against Warren Buffett's $1.7 billion takeover bid for Clayton Homes Inc, joining more than half-dozen investors seeking to block sale of mobile home manufacturer (S)
Date: 10 July 2003
By Bloomberg News
Bloomberg News
BP Solvay Polyethylene North America, plastics maker that is joint venture of BP of Britain and Solvay of Belgium, is closing Deer Park, Tex, plant that makes polyethylene to replace it with cheaper production from new factory in Cedar Bayou, also in Texas (S)
Date: 10 July 2003
By Bloomberg News
Bloomberg News
Irene B Rosenfeld, president of Kraft Foods' North American business, resigns; company does not plan to fill position (S)