Inflation resurgence rattles stocks on Wall Street
Inflation fears drive a broad market drop as the Dow falls to 44.76 with a 7.98 point decline. Analysts blame double digit inflation, tighter Fed policy, and rising energy costs for the selloff while Du Pont leads gains and Alcoa hints at price hikes.
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U.S. v
Dow
du Pont
White House
Rom Nessen
Labor Department
New York Stock Exchange
Wall Street
Federal Reserve
Fremont council rejects firefighters bid for direct talks
Fremont firefighters failed to gain an in person briefing with city council in executive session by a 32 vote. Capt Dan Lydon said council access to the issues would help direct staff. Only two councilmen supported meeting with the firefighters.
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Fremont
Dan Lydon
John Jaeper
Geoffrey Steel
Dilion
Steel
Dillon
Art Lampert
Lydon
Don Driggs
Many clues left by S F bombers in San Francisco
Treasury agents said underground terrorists left many clues in the bombing of the Alcohol Tobacco and Firearms Division offices in the Tishman Building downtown. The blast caused over 250000 in damage, injured a janitor, and prompted a large multiagency investigation. The Red Guerrilla Family claimed responsibility, saying revenge for a prison reform advocate’s death.
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San Francisco
UPI
Treasury
Red Guerrilla Family
Federal Alcohol
Tobacco and ” Firearms Division
Treasury Department
Tishman
FBI
Alcohol, Tobacco and Firearms Division
Charles Nixon
PBS
Popeye Jackson
Jackson
Red Guerrilla
Berkeley
Weather outlook with coastal fog and mild temperatures
The forecast calls for fair weather through tomorrow with patchy fog along the coast and cool to mild temperatures. Lows tonight near 63, highs around 90s in the day, with northwest winds 19 to 20 mph in the afternoons and evenings. Fremont yesterday recorded a high near 0 and a low of 63.
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Fremont
Firefighter Rescues Woman and Child as Fire Breaks Out
A three alarm blaze in a Boston apartment building ends with firefighter Robert O'Neil grabbing Diane Bryant and her goddaughter Tiare Jones as a fire escape collapses during a rescue attempt. Both mother and child fall to the ground. O'Neil is saved by the ladder. Mrs. Bryant.
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Robert O'Neil
Diane Bryant
Tiare Jones
Boston
O'Neil
Bryant
Hunt brothers allege CIA embezzled Hunt fortune
Nelson Bunker Hunt and W. Herbert Hunt accuse the CIA of infiltrating the Hunt Oil Co and orchestrating more than 950 million in embezzlement. They say federal charges tied to a wiretap cover up are aimed to discredit the family empire and demand exposure of alleged government abuses by the CIA FBI and Justice Department.
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Dallas
UPI
HL. Hunt
CIA
Hunt
Nelson Bunker Hunt
W. Herbert Hunt
Ofeir
Hunt Oil Co
Hut Brothers
Percy Foreman
Houston
Texas
Department of Justice
Hunt Brothers
Washington, D.C
Justice Department
FBI
Hope held for Ohlone state funds
Fremont Ohlone Community College pins hopes on a new $5 million state relief fund for colleges hit by a 5 percent cap on expenditures. President William Richter and business manager Aller Frawley spent Monday with state officials outlining how to tap the aid, aimed at schools with large enrollment growth. The fund’s guidelines should be ready in two to three weeks.
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Fremont
Ohlone Community College
William Richter
Richter
Ohlone
Aller Frawley
Chione
Ohtone
Mission Sancose
Pemanent
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Alcoa
Brazil
Washington
Ford
Lment
S.F
Weatherman
Jack Anderson
Argus
Ray Ovreck
Wits Finance
Massachusetts General Hospital
Portland
Ore
John van Gorder
Marianne Loehr