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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 30, 1982
Page
3
Reagan era housing policy shifts are urged by the Housing Commission to alter how the nation builds buys and rents shelter. The report notes the main issue for buyers and builders is the broader economy aligned to Reaganite principles.
The Labor Department said productivity rose at a 0.3 percent annual rate in the first quarter, reversing a late-1981 decline. Economists called the figures surprisingly favorable as spring data surprised markets.
More than 65 congressmen sponsor a national telephone hearing to dramatize farm economy problems. Farmers nationwide are urged to call a toll free number on May 11 to report their issues.
Four leftist hijackers holding eight Americans and 20 others on a Honduran airliner lowered their demand three times but the government refused to pay. Negotiations included possible flight out after prisoner release, with Vatican mediator reports and several hostages freed.
Toronto judge granted bail to Brian Molony, 27, in an alleged 8.5 million USD embezzlement linked scheme. Police say funds were moved from fake loan accounts to fictitious firms then to Atlantic City, where Molony gambled large sums, including a reported 1 million dollar night.
The Cedar Rapids Gazette established in 1883 by The Gazette Company publishes daily and Sunday at 500 Third Ave SE Cedar Rapids IA 52406. Subscription rates list carrier and mail options with weekly and yearly prices. The Associated Press retains exclusive republication rights for local news and AP dispatches.
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