Short Reports

Wed., Jan. 26, 2000

From Staff

Europe’s single currency, the euro, slipped briefly to a new low against the dollar Tuesday, with analysts citing the prospect of higher U.S. interest rates as one of several factors in its renewed weakness.

The K2 Corporation of Vashon, Wash., is recalling 12,000 pairs of in-line skates because of faulty brakes. The Consumer Products Safety Commission said Monday that brake mounts on the skates from the “Flight ALX” brand could crack and fail, causing the skater to fall and be injured. For more information call (800) 426-1617 between 7 a.m. and 5 p.m. PST, Monday through Friday or on Saturday between 9 a.m. and 3 p.m. PST. Consumers can also access the company’s Web site at www.K2skates.com.

Lockheed Martin executives reportedly are planning deep cuts at the troubled defense contractor’s corporate headquarters, including the transfer of top company officials to field posts.

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