Sun News Digest

SUN NEWS DIGEST

May 05, 2007

BUSINESS

DOW

+23.24

13,264.62

NASDAQ

+6.69

2,572.15

S&P

+3.23

1,505.62

SUN INDEX

+0.03

359.72

NATIONAL

Queen in the colonies

Queen Elizabeth II's fourth state visit to the United States was marked by a ceremony at Jamestown Settlement and a stroll through the fort at Historic Jamestowne, capped by a visit to the College of William & Mary, all in Virginia. Today she will attend the Kentucky Derby. pg 1a

No four-star hotel for Hilton

A judge sentenced Paris Hilton to 45 days in the Los Angeles County jail for violating her probation, putting the brakes on the hotel heiress' famous high life. pg 4a

MARYLAND

HUD puts hold on project

Plans for redeveloping a key part of Baltimore's Reservoir Hill neighborhood are on hold because of building restrictions imposed by the U.S. Department of Housing and Urban Development. The city had picked a developer who intended to build market-rate condominiums, but federal requirements demand affordable housing on the site. pg 1a

Help for homeowners

A nonprofit group said yesterday it will provide refinancing opportunities to local homeowners struggling with subprime mortgages in response to the dramatic rise in foreclosures. pg 1b

WORLD

Americans and Iranians meet

American and Iranian officials met briefly on the sidelines of a high-level diplomatic summit in Egypt in an encounter that was played down by U.S. officials but which illustrated growing contact between the two countries. pg 8a

Condo auction gets one bid

The auctioning of a large condo conversion project in Baltimore County drew a crowd of gawkers yesterday but only one bid from the foreclosing lender. The 508-unit Rodgers Forge Condominiums, an apartment complex near Towson, was in the midst of being renovated and sold as condos. pg 11c

Job creation slips

The economy generated fewer jobs than expected in April, the Labor Department reported yesterday, but many analysts said the job market remains tight enough to drive up hiring later this year. The economy added 88,000 jobs in April, fewer than the 100,000 predicted. pg 11c

SPORTS

O's Loewen on disabled list

The Orioles placed starting pitcher Adam Loewen on the disabled list with pain in his left arm. Executive vice president Mike Flanagan wouldn't specify what options are available to Loewen until further consultation with doctors, but he conceded that surgery is one of them. pg 1c

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.