- SPECIAL EDITION Newsmaker: Pledge of Allegiance Ruled Unconstitutional
In a 2-1 decision, the 9th US Circuit Court of Appeals has declared the pledge of allegiance unconstitutional, overturning a 1954 act of Congress that inserted the words "under God" into the oath. First Amendment attorney Doug Mirell, was surprised by the court's objection to the state's endorsement of religion, especially in light of the court's past affirmation of the phrase "in God we trust" on US coins.
- Newsmaker:Markets Reeling in the Wake of WorldCom Revelation
In what could be one of the largest accounting frauds in history, WorldCom, owner of MCI, has reported $ 3.8 billion of expenses improperly booked to make losses look like profits for the first quarter of this year. Porter Bibb, managing partner at Technology Partners, an internet merchant bank, and a former White House correspondent for Newsweek, says the latest revelations shout "investor beware"!
- Reporter's Notebook: Chinese Wunderkind Makes NBA a True World League
Quintessentially American sports are increasingly relying on players from abroad. Last year's National Basketball Association rookie-of-the-year was from Spain, and the big attraction in today's professional basketball draft is Chinese. Sports writers are already calling 7-foot five-inch Yao Ming the beginning of basketball's Ming Dynasty. Alexander Wolff, who reports for Sports Illustrated, is author of Big Game, Small World.
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