20 Jan 1993
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 20, 1993
Page
1
IBM announced a fourth quarter loss of 5.46 billion dollars and said it cut more than 40,000 jobs during the year. The report highlights a difficult year for the computer company as it restructures its workforce.
A teen's body was recovered Tuesday, boosting the death toll to at least 38 from two weeks of storms. Geologists examined sodden hillsides threatening houses as damage surpasses 164 million dollars across Southern California, Arizona and northwestern Mexico after a siege of rain wind and tornadoes.
Today at 5 30 p m the Princeton Merchants Association will meet at the Princeton Mercer County Chamber of Commerce to set dues and organizational structure elect officers and define goals. For information call the chamber at 487 1502. Saturday Jan 23 11 a m pancake breakfast by Athens Lions Club at Concord United Methodist Church. Tuesday Jan 26 10 30 a m Personal Financial Planning trust seminar at First National Bank Bluefield Learning Center 500 Federal St Weather
The day features mostly sunny skies with a high in the low 40s. Tonight brings a chance of rain after midnight and cooler lows in the upper 30s.
President-elect Bill Clinton pledged to inject government with innovation and said he desperately wants to make a difference. He toured Kennedy grave sites, spoke to crowds, and prepared a cabinet and State Department team to meet global crises in Iraq Somalia and Bosnia while preparing for his oath and Gore’s swearing in.
National Coal Association president told Bluefield Rotary Club that a pivotal year is needed to balance energy, economy and environment. He praised Clinton's energy and jobs focus and noted cautious optimism about no immediate strikes, while urging reduced dependence on imported oil and stronger European energy ties.
A Mercer County Commission meeting over a $50,000 E-911 grant turned into a brawl of wording disputes. The body unanimously voted to apply for funding through the Governor's Community Partnership Program to conduct a feasibility study rather than implement E-911, pending resolution amendments to clarify purpose and avoid taxpayer burden.
In Washington panics over Iraq, fresh air battles erupt over northern Iraq as U.S. warships head toward the region. Saddam Hussein’s ruling council says it will cease attacks on allied planes at midnight on inauguration day, urging Clinton to end the air campaign and respect UN Resolution 687. White House and Pentagon call the move a helpful sign while awaiting Iraqi compliance.
The Bluestone Visitors and Convention Bureau Board approved a 2500 grant to upgrade electrical service at Brushfork National Guard Armory, bringing local funding to 5000 with the West Virginia National Guard set to match and start soon. Cash derives from Bluefield Chamber 1000 and Southern Living Cooking School 800 plus 750 in-kind from Swope Construction. Treasurer notes the bureau’s hotel motel tax share is over four thousand higher than last year.
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