Thursday Outside Accu-Weather Forecast
The Accu Weather forecast predicts partly to mostly sunny skies today with a high near 46 degrees. Tonight will bring increasing clouds and a low around 32 degrees. Details A-12.
26 Feb 1987
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Feb 26, 1987
Page
1
The Accu Weather forecast predicts partly to mostly sunny skies today with a high near 46 degrees. Tonight will bring increasing clouds and a low around 32 degrees. Details A-12.
The market ended with a small gain as the Dow Jones Average rose 2.96 points to finish at 2226.24. Traders noted volatility throughout the session with mixed performance across sectors.
The Tower Commission will report that the United States sold arms to Iran to win hostages' release, despite Reagan statements, but it could not determine how profits funded Nicaraguan rebels. The panel led by former Sen. Tower will present findings at 10 a.m. and hold a 11 a.m. news conference. Senator Specter criticized CIA director nominee Gates as part of a cover up in the Iran Contra affair. A former U.S. official said Oliver North erred in urging leniency for Honduran Gen. Jose Bueso Rosa, tied to a 1984 assassination plot against the Honduran president.
A private fundraiser testified that Lt. Col. Oliver L. North was the centerpiece of a scheme that raised millions from conservative donors to aid the Contras, with funds possibly diverted by unnamed intermediaries before reaching the rebels. The witness, Jane E. McLaughlin, said she worked for Carl R. Spitz Channell from 1986 to early this year and offered to assist federal authorities after suspecting wrongdoing.
A Region B-1 judge barred the defense from indicting Denver A-12, ruling on procedural grounds. The decision constrains counsel as the case proceeds, with implications for timelines and potential motions. Denver A-12 remains the central figure in the matter and the regional court’s action shapes the upcoming legal steps.
The NCAA found SMU guilty of illegal cash payments to athletes via a booster fund, delivering its harshest sanction yet. The death penalty bans the Mustangs from football in 1987, limits 1988 games, and bars TV and bowl appearances while extending probation to 1990.
Roanoke federal grand jury indicted Dowell and Jaqueline Richardson Webb and Cox for conspiracy and check kiting fraud linked to Ryder Energy Inc. and Dominion Bank. Charges name Deutch officers and bank executive roles with estimated loss of 3,248,725. FBI investigation cited.
Mercer County educators cast ballots 4 to 7 pm at Princeton Senior High School amid concerns over overcrowding and pay. Officials predicted a statewide strike is possible but local walkouts remain uncertain. Several teachers emphasized legal limits against strikes and hoped for changes without breaking the law.
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