12 Apr 1988
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 12, 1988
Page
1
The scoreboard notes the Indians defeated the Orioles seven to two in a sole game. Separate items reference the Duane Arnold Energy Center siren test supervised by FEMA scheduled for Wednesday and public access to videotapes of Center Point school board meetings amid a potential sharing agreement.
Readable fragments report Beverly Hills shops handling gold bullion amid high demand. The line between luxury purchases and investment assets appears thin as buyers seek stable value. Local officials cautioned about market volatility and authenticity in precious metals trades.
In a Cyprus hijack crisis on a Kuwait Airways Boeing 747 the second Kuwaiti military man was fatally injured when he was thrown from the aircraft after Cypriot refueling delays. Kuwaiti Foreign Minister Sabah al Ahmed al Sabah said Kuwait would not yield to blackmail though more hostages might be lost.
Astronomers led by Simon Lilly of the University of Hawaii report discovering the oldest and most distant galaxy seen, about ten times the Milky Way’s size and formed when the universe was under two billion years old. The find suggests galaxies formed earlier than previously thought and may revise cosmological models.
In Iowa City the Benevolent and Loyal Order of Pessimists holds its 13th annual convention at Towncrest Inn. Leader using the alias strongman says attendance depends on car reliability, with about 50 by invitation in good years.
Ed and Glenda McKinley say they are tired of being portrayed as bad people after bulldozing a 0.5 mile by 100 foot strip through their land used for the Cedar Valley Nature Trail corridor. They report harassment, including late night calls, while stressing the trail never owned their property and insisting they harmed only their own ground.
The report card from the Corporation for Enterprise Development gives Iowa a C in overall resource capacity and F in business vitality due to limited economic diversity and slow growth. It notes a well educated workforce and strong tech resources but cites lagging financial and infrastructure amenities alongside unemployment and stagnant earnings. Iowa officials and Cedar Rapids Chamber of Commerce dispute the results as outdated data.
Policy notes raise efforts to mobilize capital and promote new enterprises while praising the workforce and technological resources. The performance index cites unemployment and sluggish momentum, and business vitality highlights limited economic diversity and few new company formations.
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