EPA pushes recycling rule for repair shops on CFCs
The EPA on Tuesday urged that refrigerator and air conditioning repair shops recycle CFC emitting coolants to curb Freon releases. The move targets tens of thousands of garages and small businesses nationwide and aims to reduce stratospheric CFC pollution.
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Milken admits wrongdoing and agrees to pay 600 million
Michael Milken pleaded guilty to securities and tax crimes in a Manhattan court. The billionaire financier agreed to a record 600 million in penalties after admitting illegal trading with Ivan Boesky and others from 1984 through 1986. His sentencing is set for October 1 before Judge Kimba Wood, with experts expecting about five years in prison.
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Astronauts Launch $1.5 Billion Hubble Space Telescope
The Space Shuttle Discovery lifted with the $1.5 billion Hubble Space Telescope, reaching a record 381 miles. Officials called the launch perfect as the 43 foot mirror will collect light from the edge of the universe, aiming to reveal cosmic history and possibly determine the universe’s age and fate.
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Gunman kills one, wounds four at Atlanta mall
James Calvin Brady, 31, of Atlanta, opened fire in the Perimeter Mall food court, killing one man and wounding four others before surrendering to DeKalb County police outside the mall. He had been released from a mental hospital.
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Mobutu lifts ban on opposition parties in Zaire
Mobutu Sese Seko announced in a national broadcast that he was lifting the twenty year ban on opposition parties and would allow a multiparty government to replace his in a year. Thousands filled Kinshasa to cheer the decision as a transitional government was formed ahead of free elections.
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