Thursday, March 13, 2008

News Roundup, 03/13/08

Posted By on Thu, Mar 13, 2008 at 11:37 AM

UNC suspect also charged in Duke murder: A warrant has been filed charging 17-year-old Lawrence Alvin Lovette Jr. with first-degree murder in the death of Abhijit Mahato, 29-year-old Duke University computational mechanics doctoral student found shot to death inside his apartment in January. Lovette Jr. has also been charged in with first-degree murder in the death of Eve Carson, 22-year-old University of North Carolina student president. Demario James Atwater was also charged with first-degree murder for the Carson case.

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Retail sales plunge by 0.6 percent: The massive decline in home prices and the credit crisis kept consumers away malls in February. Retail sales plummeted by a larger-than-expected amount because of it. This troublesome indicator shows that the country could be going into a recession. The Commerce Department reported that retail sales fell by 0.6 percent last month. Analysts had been expecting a 0.2 percent increase.

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New color $5 bills come out today: No, it’s not money from the Parker Brothers’ Monopoly game. The new $5 bills are getting some color — Abraham Lincoln is not so green anymore. The bill goes into circulation today. They are making their way to banks, cash registers and eventually into the hands of people in this country and beyond.

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