- Newsmaker: Enron at Brink of Bankruptcy, Dynegy Drops Merger - In less than a year, stock in Enron has plummeted from more than 80 dollars a share to a dollar twenty cents. Today Dynegy, another Texas energy firm, called off its merger, leaving Enron at the brink of bankruptcy. The Wall Street Journal's John Emshwiller has more on the reasons and repercussions of Enron's collapse.
- Reporter's Notebook: Historical Hotel Transformation in Question - After a decade of litigation and the withdrawal of a competing developer, a federal bankruptcy judge ordered a Wilshire District landmark to be sold to the LA School District. Board President Caprice Young voices cautious optimism about the challenge of opening a world class leaning center on the site of the historic Ambassador Hotel.
Reexamining California's Cloning Legislation
After the cloning of Dolly the Sheep, California passed the nation's toughest law against the artificial reproduction of human beings. Now, after Massachusetts-based Advanced Cell Technology announced that it had successfully cloned human embryos to be used in medical research, it turns out that California's tough law would not have prohibited such research. We learn why and what that means for research into cures for deadly diseases, from Republican State Senate Senator Jim Battin, who authored California's cloning ban, and David Gollaher, of the California Healthcare Institute, who is on the committee appointed to review the state's cloning ban