While profits growth for the first quarter overall is better than expected, it appears the results are not equitable among all situations. Leading airplane maker Boeing reported lower profits compared to this time last year because of a 40-day strike that slashed production. But Boeing still beat analysts' expectations and plans to meet its earnings target for the year. But its earnings dipped in the North American market on lower sales of U-S brand cars and light trucks. The latest on the U-S economy shows the trade deficit widened to a record in February, mostly due to higher prices for crude oil.
Oil prices have since come down.
The U-S Supreme Court is considering a challenge to its famous Miranda ruling of 1966 that requires police to advise suspects of their constitutional rights before beginning an interrogation. Several editorial writers in Wednesday's U-S newspapers offer their opinions on the case and how the ruling has influenced the American criminal justice system. There is also some commentary on Russia's latest decisions on nuclear weapons control, Zimbabwe's hardships and U-N support for Cuban dissidents. In 1963, Ernesto Miranda was arrested in the state of Arizona and accused of rape. Police, under pressure to solve the crime, reportedly threatened and pressured the suspect and after hours of interrogation, Mr. Miranda signed a confession.