Sun News Digest

SUN NEWS DIGEST

April 16, 2005

BUSINESS

Brake woes halt Acela Express

America's first high-speed train service suffered another setback when brake problems forced Amtrak to halt its Acela Express services between Washington, New York and Boston, leaving an estimated 10,000 passengers to hunt for seats on slower trains. [Page 1a]

Dow has third-straight steep drop

The Dow Jones industrial average dropped 191 points, its third-straight triple-digit decline, as stocks nose-dived on Wall Street after lackluster reports on industrial activity and consumer confidence, along with disappointing earnings from technology bellwether IBM, sent financial markets further into the tank. [Page 1a]

FTC seeks freeze of assets

The Federal Trade Commission asked a federal judge yesterday to freeze the assets of the founder of the credit counseling firm AmeriDebt, saying he is trying to move millions to family and off-shore accounts to shield the money from a civil case against him. [Page 12c]

NATIONAL

Cheney set to act on filibusters

Vice President Dick Cheney said that as Senate president he would be prepared to cast the tie-breaking vote, if needed, to change the rules of the Senate and bar Democrats from using filibusters to block President Bush's judicial nominees. [Page 1a]

Compromise on Social Security?

President Bush might be willing to compromise on elements of his proposal for allowing private retirement accounts as part of a Social Security overhaul, a White House spokesman indicated yesterday. [Page 3a]

Bush paid $207,000 in '04 taxes

President Bush reported adjusted gross income of $784,219 for last year, on which he paid $207,000 in federal taxes, or about $20,000 less than the previous year, according to the president's return released by the White House. [Page 3a]

WORLD

Paris hotel fire kills at least 20

A fire at a budget hotel in downtown Paris killed at least 20 people, many of them African immigrants lodged there by authorities. [Page 8a]

Prince Rainier buried in Monaco

Prince Rainier III was laid to rest yesterday in a pomp-filled service in Monaco that drew dignitaries of about 60 countries from around the world. He reigned for 56 of his 81 years. [Page 9a]

HEALTH & SCIENCE

Einstein the rage in ad world

Scientist Albert Einstein died 50 years ago and is revered for reinventing space and time, but in death he has become a hot commodity for advertisements. One estimate has put Einstein-related revenues at more than $10 million over the past decade. [Page 1a]

MARYLAND

Federal Hill residents dislike plan

Federal Hill's homeowners and businesses are criticizing a plan that could create a new South Baltimore skyline with as many as four residential and retail towers. The plan to revitalize Key Highway would drastically raise the height limits on buildings along the stretch of waterfront. [Page 1a]

Fines issued on campaign giving

The state prosecutor issued more than $60,000 in fines to 15 individuals and companies he says violated Maryland campaign contribution limits. Prosecutor Robert A. Rohrbaugh found that all had contributed more than the $10,000 limit for companies in a four-year election cycle. [Page 1b]

Decision hinders sludge plan

Carroll County officials put a roadblock on plans of a cement factory to store and later burn dried sewage sludge from Baltimore as a fuel alternative. In a decision issued late yesterday, the county zoning administrator approved construction of the silo but banned storage of sludge. [Page 1b]

SPORTS

Orioles rout Yankees, 8-1

Miguel Tejada and Sammy Sosa hit back-to-back homers to spark a seven-run sixth inning, and Bruce Chen pitched a complete game to lead the Orioles over the New York Yankees, 8-1, before a sellout crowd of 48,061 at Camden Yards. Brian Roberts extended his hitting streak to 15 games. [Page 1c]

Hopkins stops Maryland, 11-6

No. 1 Johns Hopkins blew open a tight game in the third quarter and defeated No. 9 Maryland, 11-6, in men's lacrosse. Attackman Kevin Huntley scored three goals, and midfielders Paul Rabil and Stephen Peyser two each. [Page 1c]

Kite disqualified for first time

Tom Kite was disqualified for the first time in his 34-year PGA Tour career after signing an incorrect scorecard at the MCI Classic in Hilton Head Island. Kite signed for a par 4 on the eighth hole instead of a bogey 5. [Page 2c]

TODAY

`Stars Wars' fan film at Senator

Imperial storm troopers, Darth Vader, two R2D2 droids, a model who posed for a Star Wars card game and royal guards will walk the red carpet tonight at the Senator Theatre. The film they're celebrating isn't the next Star Wars. It's the premiere of Revelations, a Star Wars "fan film," made for less than $20,000 by Shane Felux of Gainesville, Va. [Page 1d]

French romanticism at BSO

At the Music Center at Strathmore this week, young violinist Stefan Jackiw and the Baltimore Symphony Orchestra presented a program that Baltimore area residents can catch this weekend at Meyerhoff Symphony Hall. The program includes the instrumental coloring of 1880s French romanticism. Yuri Temirkanov will conduct. [Page 1d]

QUOTE OF THE DAY

"I think a lot of it is silly and insulting."

Rolf Sinclair, a retired physicist for the National Science Foundation, on Albert Einstein's popularity with advertisers (Article, Page 1A)

MARKETS

DOW

- 191.24

10,087.51

NASDAQ

- 38.56

1,908.15

S&P

- 19.43

1,142.62

SUNINDEX

- 3.91

289.70

TODAY ONLINE

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