Nobel prize economics awarded to Merton and Scholes
Two American economists Robert C Merton of Harvard and Myron S Scholes of Stanford won the Nobel prize for economics for a pioneering formula valuing stock options and derivatives. The academy said their work boosted comfort with trading complex instruments fueling markets.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
Robert C Merton
Harvard University
Myron S. Scholes
Stanford University
Royal Swedish Academy of Sciences
Robert Brusca
Nikko Securities International Inc
New York
Quebec town mourns 42 seniors in bus crash tragedy
A bus carrying 47 senior citizens from St Bernard plunged off a curve into a ravine near St Joseph de la Rive on Thanksgiving Day. The driver also died, making it the deadliest Quebec highway crash in about 30 years. Most aboard were headed to Ile aux Coudres for a party. Police cite probable brake failure as a cause.
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ST Joseph-De-Larive
Quebec
Canada
St- Bernard
Quebec City
Ileaux-Coudres
St. Lawrence River
St-Bernard
Marc-Andre Lachance
St- Joseph-de-la-Rive
St. Lawrence
Denver singer dies in Monterey crash of homebuilt Long EZ
Denver, a 53 year old singer, bought a 10 year old Long EZ plane a day before the fatal crash off Monterey Bay. He had practiced landings after golf at Spyglass Hill and was heard to say he wanted to test takeoffs. The NTSB will take months to determine cause as divers recover the engine from 50 feet of water.
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Pebble Beach
Calif
John Denver
Dale ‘Taylor
Spyglass Hill
John
Monterey Peninsula
Denver
Pacific Ocean
Instantly Records
Santa Maria
Monterey
George Petterson
National Transportation Safety Board
Petterson
Monterey Bay
Burt Rutan
Mojave
Esert
Experts warn of El Nino danger and winter pounding
SANTA MONICA Calif. Politicians mobilize for a likely El Nino driven winter storm. LA Mayor Riordan urges residents to stock emergency supplies sandbag reinforce structures and learn disaster drills as forecasters label this El Nino potentially the worst in 150 years with westward trade winds weakening.
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Santa Monica
Calif
Los Angeles
Richard Riordan
Pacific
Australia
South America
Clinton Says He Will Submit To Reno Questioning
In Brasilia, President Clinton agrees to cooperate if Janet Reno requests an interview on Democratic Party fundraising practices. A Justice Department task force leans toward recommending Reno end the inquiry without an independent counsel. Officials say no formal recommendation has been sent and analysis is not yet complete.
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Brasilia
Brazil
Janet Reno
Clinton
Justice Department Task Force
Reno
White House
Department
Colorado executes man in first in 30 years amid assault case
National roundup covers Colorado executing Gary Lee Davis and Rebecca Davis for abducting and harming a woman in 1986. The report also notes Paula Jones's sister awaiting questions in Clinton case, Clinton veto dynamics on defense cuts, and Mary Mel French named to head the State Department protocol office.
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Colorado
Anon City
Colo
Gary Lee Davis
Rebecca
Virginia May
Davis
Rebecca Davis
Washington
Clinton
Arkansas
State Department
Mary “Mel” French
Molly Raiser
French
White House
Aiken Standard Publication and Delivery Information
The Aiken Standard notes contact details for help and subscriptions. It lists office hours, switchboard, subscription rates, and delivery timing guidance, advising customers to call 649-5315 for issues and outlining circulation and contact extensions for editorial staff.
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Aiken
Scott B. Hunter
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