Banks Penalize Savers With High Minimums
The piece notes banks often act presumptively toward savers and withhold top interest. It highlights stiff minimum deposits, sometimes $1,000 to access higher rates like 6.5 percent. The tone critiques rigid financial institutions and their demand for large upfront sums.
Pilots vote to switch off cockpit voice recorders
Air Line Pilots Association representing 32000 pilots unanimously votes to disable cockpit voice recorders starting April 2 unless assurances are given that only essential excerpts will be used at NTSB hearings. Spokesmen say transcripts risk defaming crews and jeopardize safety investigations.
MENTIONED IN THIS ARTICLE
Miami
Fla
Air Line Pilots Association
ALPA
Kanas City
National Transportation Safety Board
Association
Eastern Airlines
Charlotte
N.C
Jim Reeves
James Daniels
Rain Out Of Hand In Part Of Nation
Aerial weather across the nation shows rain from the Gulf Coast to the Great Lakes with flash flood watches in Texas and Arkansas. Up to four inches of rain possible in parts of Texas and northern Louisiana, while snow and cold persist in the Northeast and interior South. National Guardsmen assist West Penn Power crews in Pennsylvania as outages affect about 20,000 customers. Akron schools stay closed fifth day due to snow clogged sidewalks. Temperatures fall below zero in northern Maine with lingering 20s into the South.
MENTIONED IN THIS ARTICLE
Gulf Coast
Great Lakes
Texas
Arkansas
National Weather Service
Louisiana
Rockies
Plains
Oklahoma
South Dakota
Florida
Midwest
Pennsylvania
Io National Guardsmen
West Penn Power Co
Akron
Ohio
Maine
Beef Stew Poisoning Traced to Jackson Factory
A nationwide recall is launched after botulism deaths linked to a July 1 batch of 24 ounce beef stew produced by Kelly Foods in Jackson. The stew, shipped to Kroger under house labels, prompted an urgent consumer alert and refunds for returning cans. Kroger and Krey Packaging acknowledge the incident and cooperate with investigations.
MENTIONED IN THIS ARTICLE
Jackson, Tenn
Jackson
Georgia
Department of Agriculture
Washington
Cleo Harris
Griffin
Kelly Foods
Krey Packing Co
St. Louis
Mary Bevel
Harris
Atlanta
Kroger
Krey
W. L. Franks
Kelly
Estimates On Cost Of Shoplifting And Employee Theft
Greensboro expert Bill Tuttle estimates shoplifting plus employee theft adds about 15 percent to consumer costs. He cites internal theft as the larger problem, with examples of cash register fraud and sock theft at a High Point plant. He notes most internal theft is managed within companies and many cases end without police involvement.
MENTIONED IN THIS ARTICLE
Bill Tuttle
Greensboro
Tuttle
North Carolina
High Point
Chicago
Fuel Economy Possible By Manufacturers
Cambridge based Arthur D Little Inc researchers say automakers could raise fuel economy by up to 43 percent using existing tech. They cite 15 percent gains from redesigned transmissions, 6 to 7 percent from sleeker chassis and body, and 15 to 30 percent from advanced diesel or alternative engines. Higher fuel prices now make these savings pay off earlier, with some devices possibly in select cars by 1980 or sooner.
MENTIONED IN THIS ARTICLE
Cambridge
Mass AP
Arthur D. Little Inc
Donald A. Hurter
Hurter
Harter
Two Men Charged In Rock Hill Robbery
In Rock Hill two men face charges of attempted armed robbery and assault with intent to kill after a veterinarian Dr Watson H Matthews was shot at his office. Adams of Lancaster and Hirahburg of Rock Hill were arrested Thursday. Matthews was treated for a forearm and side wound and discharged from hospital.
MENTIONED IN THIS ARTICLE
Rock Hill
Watson H Matthews
Matthews
Robert Michael Adams
Lancaster
John Hirahburg
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Bankers Trust
America
Ss Trust
F.D.I.C
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Associated Press