On this day

May 1, 2001

Revisit the news, notable people, and historical moments connected to this date.

Historical Context for May 1, 2001

In 2001, the world population was approximately 6,254,936,459 people[†]

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Headlines from May 1, 2001

World Business Briefing/Asia: China: Airline Alliance

By Craig S. Smith (NYT)

Six state-owned Chinese airlines form alliance to compete against three large state-owned airline groups being formed through state-mandated consolidation; China is trying to narrow number of airlines without forcing any into bankruptcy (S)

Business/Financial Desk71 words

Red to the Rescue; PepsiCo Looks to a New Drink to Jolt Soda Sales

By Greg Winter

PepsiCo, trying to duplicate popularity of original Mountain Dew, its citrus-flavored, high-caffeine soda, is introducing new cherry-flavored version named Code Red; many popular soft drinks contain caffeine, but it is no guarantee of success, and some without caffeine, like Sprite, have done well; chart; graph; photo (M)

Business/Financial Desk1413 words

INSIDE

By Unknown Author

4 Killed in Manila Protests At least four people were killed as security forces fended off supporters of the ousted former president, Joseph Estrada, as they tried to storm the presidential palace. PAGE A14

Metropolitan Desk105 words

World Business Briefing/Europe: European Union: Trade Deficit

By Paul Meller (NYT)

Eurostat says external current account deficit of 15-member European Union rose to 15 billion euros in fourth quarter of last year from 8.6 billion euros in previous quarter, and from 1.9 billion euros year earlier; balance in trade of services fell to deficit of 3.2 billion euros from surplus of 1.9 billion euros in third quarter of 2000 (S)

Business/Financial Desk78 words

For China-Born U.S. Citizens, Visiting Homeland Has Risks

By Elisabeth Rosenthal

China's State Security Ministry begins detaining American citizens born in China and questioning them about their affairs in move diplomats regard as troubling change in government policy; China experts and others say situation marks first time since Korean War that American citizens have been held by State Security apparatus; six American citizens, none prominent critics of China, have been questioned and detained since end of last year; include businessmen, writers and academics; number of Chinese citizens with permanent residency status in US have also been held; detentions highlight new government scrutiny of group that has become prominent in China's business and academic sectors in recent years, namely, Chinese citizens who immigrated to US to study in 1980's and 1990's and are returning in large numbers to work--often armed with liberal ideas and foreign passport or green card; photo of American professor, Li Shaomin, who remains in Chinese custody (M)

Foreign Desk1232 words

Free Rides Are Now Passé On Information Highway

By Saul Hansell

Growing number of Web sites that once offered goods, services or content for free new charge users; most sites offering news and information are still free, but few have started imposing fees and more are considering doing same; some examples noted; even Yahoo, big and previously free Web portal, has started imposing fees for many aspects of its service and promises many more (M)

Business/Financial Desk1787 words