- Making News: America Airlines Likely to Face Chapter 11
AMR chairman Don Carty apologized to American Airlines employees yesterday, and took responsibility for failing to disclose crucial executive compensation agreements in effect when unions approved concessions to the ailing airline last week. As a result, the unions have threatened a revote. Dan Reed, who covers the industry for USA Today, says it's now likely that American will declare bankruptcy as early as tomorrow.
- Reporter's Notebook: SARS Wreaks Havoc in Hong Kong
Severe Acute Respiratory Syndrome is devastating the city of Hong Kong. In China, where SARS is believed to have originated, leaders are still concealing the extent of the epidemic, which has the potential of spreading worldwide. Those are the conclusions of one of America-s most credible health and science reporters. Pulitzer Prize-winning reporter Laurie Garrett is in Asia, covering the SARS outbreak for Newsday.
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