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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 30, 1986
Page
5
On November 11, 1918, fighting ceased as Allies and Germany signed an armistice inside a railroad car in the Compiegne forest in France. The event marked the end of active hostilities, shaping postwar geopolitics and memorial narratives across nations.
Shareholders of People Express Inc approved a 115 million buyout offer from Texas Air Corp, enabling the airline to be absorbed into Texas Air. The vote, about 53 percent, ends the bid phase and sets the stage for a nine-figure loss this year followed by integration into a single carrier.
New York stocks fell on Monday as fears of rising inflation and higher interest rates rattled investors. NYSE turnover reached 125.899 million shares with the Dow Jones Industrials down 1.25 at 139.89, S and P 500 off 2.25 to 244.67, and S and P industrials sliding 2.55 to 272.58. AMEX and NASDAQ also closed lower with broad losses across major indices.
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