House approves tax overhaul plan in sweeping reform
The House passed a landmark income tax overhaul after a tense battle, sending the bill to the Senate. The measure would cut taxes for many and shift about 140 billion dollars of taxes from individuals to business over five years, while more than six million working poor would be excused from income taxes.
MENTIONED IN THIS ARTICLE
Washington
House
Reagan
Senate
Congress
Dan Rostenkowski
D-Ill
Winter Weather Outlook With cold wind swept conditions
Wednesday Outside forecasts wind chills and scattered snow flurries with highs near 20 and northwest gusts 15 to 25 mph. Tonight turns clear and very cold with subzero lows and light north winds. Thursday remains cold and clear with lows near zero and highs in the teens to low 20s. Friday and Saturday bring a chance of snow, otherwise partly cloudy with mid-teens to mid-20s nights.
Stock averages dip after record gains on profit taking
Stock prices finished generally lower on Tuesday as Wall Street traders cited ordinary profit taking after a string of record gains. The Dow Jones industrial average fell 8.60 points from Monday's record close to end at 1544.50.
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Wall Street
Dow Jones
Arrow charters to continue flights despite crash
The Pentagon will keep using Arrow Air planes after a deadly crash last week killed 248 soldiers. Officials stated chartered flights will continue for now.
MENTIONED IN THIS ARTICLE
Arrow Charters
Pentagon
Arrow Air
Bluefield weighs ways to sell parking by tokens plan
Bluefield officials weigh methods to promote a parking by tokens program and assess how to sell the project to the public. The piece suggests the city should test a range of promotional strategies to gauge success.
MENTIONED IN THIS ARTICLE
Bluefield
Securities firm backed Moore gains underwriting contract
A New York firm Donaldson, Lufkin and Jenrette Inc. will underwrite about 120 million in highway grant anticipation notes for West Virginia. The contract, awarded four months ago by Gov Arch Moore and Highway Commissioner William Ritchie, involves a local firm run by Moore’s son-in-law as co-underwriter. Fees may total 1.3 to 1.7 million. Moore said contributions did not influence the decision. Ritchie and Moore confirmed approval previously.
MENTIONED IN THIS ARTICLE
Charleston
New York
Arch Moore
Moore
Donaldson, Lufkin and Jenrette Inc
William Ritchie
Donaldson
Charles Capito
Statue of Liberty restoration halfway marked in New York
Workmen remove scaffolding as a four month phase brings the statue of liberty exterior restoration to halfway. Engineers replace the torch fix nose tip patch weathered surface and correct structural defects. Interior work remains. rededication planned for early 1986.
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New York Harbor
Liberty
Buchanan County Hospital merger to save $2 million
Buchanan General Hospital Inc. and Grundy Hospital Inc. consolidate assets under one budget, expected to save residents over $2 million annually at first and possibly $4 to $5 million later. The move aims to cut duplicate services, ease administration, and attract more physicians with 194 beds under one administration across both sites. Grundy Hospital has 94 beds, Buchanan General 100, with plans to expand at Buchanan General.
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Grundy
Buchanan General Hospital Inc
Grundy Hospital Inc
Buchanan General
Grundy Hospital
Survivor Corporation
McClellan
Buchanan General Hospital
Community Christmas Fund Gasps For Last-Minute Help
Bluefield area seeks 1,200 needy children to receive a real Christmas with less than $5,000 needed. Only $360 collected Tuesday, urging immediate donations to The Bluefield Daily Telegraph Business Office or drop-off at 412 Bland St. W.Va. 24701. Donations from local individuals and organizations listed include names, amounts, and memorials.
MENTIONED IN THIS ARTICLE
Bluefield Daily Telegraph
Bluefield
W.va
Bland St
Trade deficit climbs as housing starts drop in November
The Commerce Department reports a widened current account deficit of 30.5 billion dollars for July to September, with a 12.2 percent plunge in housing starts in November. Severe winter weather may have contributed to the housing drop while imports rose 3.9 percent to 85.5 billion and exports fell 2.5 percent to 52.3 billion, the lowest in two years.
MENTIONED IN THIS ARTICLE
Washington
U.S
America
Commerce Department
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K.C. Lovely
Matt
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Lisa
Alan Boyce
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Roscoe C. ‘Wimpy’ Jones
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John Stewart Methodist Church
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