AT&T Pushes Flexible Rate Rules At FCC Hearings
AT&T brings 30 witnesses to Washington as it argues for flexible interstate rate regulation to spur growth and capital. Company cites need for 8 percent return. current around 7.8 percent. Hearings run through Thursday with 70 intervenors and later cross examination and a second phase planned.
MENTIONED IN THIS ARTICLE
Washington
UPI
American Telephone & Telegraph
Federal Communications Commission
FCC
At&t
G. L. Levy
New York
Adrian M. Massie
Telegraphers Strike After Failed Negotiations
Western Union telegraphers across the nation walk off the job at 12 01 a m EDT after talks with the Commercial Telegraphers Union failed to yield a new two year labor contract. Supervisors will keep vital government service running as the union demands a 6 percent wage hike each year while the company offered 4 percent first year and 3 9 percent second year.
MENTIONED IN THIS ARTICLE
Washington
UPI
Western Union
Commercial Telegraphers Union
CTU
George Shaffer
Shaffer
E.J. Hageman
United States Leads in Ballistic Missiles Over Russia
Washington reports US ICBMs and SLBMs total about 1,480 compared with nearly 400 Soviet missiles. Most Soviet missiles are on above ground launchers while US Minuteman and Titan II are housed in underground silos. Defense views split on ABM progress as Nike-X continues, but US missile superiority deters nuclear attack.
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Washington
UPI
Russia
America
U.S
United States
All America
Moscow
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