Four workers died after a dangerous chemical leak at a DuPont plant in La Porte, Texas early Saturday morning. A spokesman for the plant told reporters that a valve "somehow failed" on a container of methyl mercaptan, a chemical used to make insecticide.
A judge in Delaware sentenced a millionaire du Pont heir to probation for raping his three-year-old daughter, in part because the judge did not think the heir would "fare well" in prison.
It's ugly out there today, isn't it? Viacom announced this morning that it plans to eliminate 850 positions, cuts that will take place "broadly" across the conglomerate's portfolio of media properties. NBC Universal followed up with the news it's slashing 1,350 positions. Credit Suisse revealed plans to pink-slip…
♦ The markets were down sharply yesterday as investors worried about the government's $700 billion bailout and lawmakers squabbled over the specifics. More will be revealed today when Treasury Secretary Hank Paulson and SEC chair Christopher Cox discuss the plan in more detail in front of the Senate. [NYT, WSJ, WSJ, …
