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NEW YORK – The Independent Inquiry Committee into the U.N. Oil-for-Food program issued an interim report on U.N. management Thursday. Following is a transcript that began after the news conference had begun. PAUL VOLCKER: And I think they also reflect in their person the fact that this is an international …

BIOGRAPHY — Porter J. Goss was born November 26, 1938 in Waterbury, Connecticut. — He is 65 years old. — Goss is a multimillionaire. — He speaks Spanish and French. — Goss is the second CIA director to have served in Congress. The first was former President George Herbert Walker …

NEW YORK – Telecom giant Verizon Communications Inc. (VZ) has reportedly floated an informal buyout offer for MCI Corp. (MCI) , the long distance telephone company that has been awash in takeover speculation in the wake of regional phone company SBC Communications Inc.’s (SBC) $16 billion deal for AT&T Corp.(T). …

As devastating as illness can be, it doesn’t have the power to permanently steal every ounce of happiness. But healthy people sometimes overlook happiness, while their ailing peers are more attuned to it. That’s what Jason Riis and colleagues found in comparing 49 kidney dialysis patients with 49 healthy people. …

WASHINGTON – President Bush on Wednesday promoted Harvey Rosen to be chairman of his Council of Economic Advisers, the group that advises him on economic issues and prepares the administration’s annual economic report to Congress Rosen, a former economics professor at Princeton University, is a member of the council. He …

It was a brief but glorious run along an Ohio highway for one ornery turkey. On Feb. 11, a state trooper pulled over a pickup truck on a rural stretch of road in Hancock County, only to be confronted by a large male turkey that walked out of a field. …

JACKSONVILLE, Fla. – Event planner and interior designer Colin Cowie (search), most famous for throwing Oprah’s 50th birthday party, spoke to FOX News entertainment reporter Lisa Bernhard from Jacksonville, Fla., where he is preparing a pre-game Super Bowl (search) party for football legends and their wives. Cowie, known for his …

NEW YORK – Lockheed Martin Corp. (LMT), the No. 1 U.S. defense contractor, on Tuesday said quarterly profit rose 27 percent on higher margins at its space and electronics systems units and boosted its outlook. The Bethesda, Md.-based company, maker of the F-16 fighters and C-130 J transport planes, reported …

SAN JOSE, Calif. – Shares of Hewlett-Packard Co. (HPQ) surged to a new 52-week high Wednesday after the computer and printer maker’s fiscal third-quarter results easily surpassed Wall Street expectations, though a one-time tax adjustment led to a sharp decrease in earnings. HP shares rose $2.30, or about 10 percent, …

Out-of-the-ordinary news from the folks at “Studio B”… ‘Sorry, Wrong Number’ A woman in Montana got a phone call to her business’s 800 number. The caller wanted to know about Medicaid (search). No big deal, just a wrong number. But then she got another call — and another. It turns …