Click here to subscribe today or Login.
Saturday, March 15, 2003 Page: 1C
Justice Career Day set
The King’s College Criminal Justice Association will present the second
annual Criminal Justice Career Day from 11 a.m. to 3 p.m. Thursday.
The event brings area college students interested in careers in criminal
justice and related fields together with representatives of criminal justice,
law-enforcement, social and corrections agencies at the state, local, and
federal levels as well as with private security firms.
This year about 20 agencies and firms will have representatives at King’s
College to provide background and discuss the application process with
attendees.
The event will be held in the Sheehy-Farmer Campus Center between North
Main and North Franklin streets. The event is free and public.
For information, e-mail eadidgeo@kings.edu or phone 208-5900, extension
5417.
Doctors discuss stoppage
The Pennsylvania Academy of Family Physicians has been asked to join a
proposed statewide work stoppage related to the state’s high medical
malpractice rates.
The proposal for the stoppage was discussed at a March 4 emergency meeting
of the Pennsylvania Medical Society, the academy said. Members would put their
offices on a holiday/weekend schedule for at least one week while they
participate in lobbying and public education activities regarding the
malpractice issue.
Academy members were provided a survey to gauge support of the proposal.
They also were warned of possible consequences to the proposed stoppage that
include, professional, criminal and civil actions, harsh criticism by the
public and a backlash by legislators to oppose physicians’ requests for
medical malpractice insurance reform.
United foresees cutbacks
United Airlines Chief Executive Officer Glenn Tilton said Friday the
carrier could reduce its flying schedule before an Iraqi conflict begins if
the public’s war jitters continue to limit bookings.
Such a move would entail more layoffs, Tilton indicated in a message to
employees.
“Unfortunately, we are already seeing a drop-off in bookings and we are
prepared to move quickly should it become necessary, even prior to actual
hostilities,” he said on the company hot line.
United spokesman Joe Hopkins confirmed that such actions would entail
flight cutbacks and layoffs, as the bankrupt airline’s war contingency plans
call for.
United, which operates about 1,700 daily flights and has 72,500 employees,
already has cut about a quarter of its flying capacity and work force in the
past 18 months. But the world’s No. 2 carrier is under pressure from its
lenders to show swift progress in bankruptcy or risk losing its interim
financing.
Already mired in the industry’s worst-ever downturn, United said at a
presentation to its creditors in Chicago this week that lower revenues and
rising jet fuel costs have hurt its financial performance more than expected
recently.
Tilton, discussing contingency plans outlined by United earlier, said the
airline would reduce its schedule quickly in the event of “impact from war”
– possibly by an initial 10 percent to 12 percent. Additional employee
furloughs would occur.
Stocks continue to surge
Momentum from Wall Street’s big rally spilled over to Friday’s session,
lifting most stocks for a third straight day and helping the market snap a
two-week losing streak.
Analysts were impressed that Wall Street added to its rally, a sign of
strength rarely seen in market beaten down by a tepid economic recovery and
war jitters. But Friday’s gains were hard fought and the market had to fight
off earlier declines.
The Dow Jones industrial average closed up 37.96, or 0.5 percent, at
7,859.71, having surged 269.68 Thursday in its biggest one-day advance since
Oct. 15. In three sessions, the Dow has gained 335.79.
The broader market was narrowly mixed. The Nasdaq composite index slipped
0.44, or 0.03 percent, to 1,340.33, following Thursday’s advance of 61.53,
also its best one-day climb since Oct. 15. The Standard & Poor’s 500 index
rose 1.37, or 0.2 percent, to 833.27, after gaining 27.71 on Thursday, its
second best day of 2003.