$600 Million Rescue Averts Lockheed Bankruptcy
The defense department and Lockheed move toward a government-backed rescue to save the firm at a public cost near $500 million. Congress supports the plan, framing it as preventing broader military project collapse and preserving national defense manufacturing.
MENTIONED IN THIS ARTICLE
Lockheed
Neil Sheehan
New York Times
Washington
Defense Department
Lockheed Aircraft Corporation
Pentagon
Congress
Senate
Airforce
Army
Navy
Congres
William Proxmire
Directive To 126 Iowa Meat Plants For Standards Compliance
Iowa Agriculture Secretary L B Liddy said 126 small locker and meat processing plants failed Wholesome Meat act standards due to poor housekeeping and sanitation. He noted most can meet requirements with minor work and days, and announced an administrative directive asking plants not to process further meat until compliance is achieved. A federal inspection team is touring 431 plants with state inspectors to verify pass status. action toward penalties is deferred pending results.
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Des Moines
L. B. Lhiddy
Iowa
Liddy
Avas
Fis
Hughes Nevada Boss Never Met Hughes Face to Face
LAS VEGAS AP The chief executive of Howard Hughes $300 million Nevada gambling empire testified that he never spoke with the reclusive billionaire in person. Robert Maheu said he had only phone and handwritten notes and had glimpsed Hughes twice, once in Los Angeles in 1966 and again in a hotel elevator in Boston a year later. The court battle over Hughes Tool Co control shifts between open session and private chambers as handwriting experts test Hughes' signature on a proxy authorizing firing Maheu.
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Las Vegas
Howard Hughes
Nevada
Robert Maheu
Hughes
Nicutet
Mahen
Los Angeles
Boston
Tel
Tremoved
Chester
Fisherman’s Rainy Day Joke Echoes Household Rules
A humor note defines a fisherman as a man who spends rainy days idle by muddy riverbanks because his wife forbids him from doing so at home. The line plays on domestic rules and leisure.
MENTIONED IN THIS ARTICLE
Cuore
Heroin Haul Tops $20-Million Mark
Miami Beach officials and UPI report a major drug seizure. Federal agents intercepted a large shipment of heroin valued between 21 and 383 million from South America. Four people were arrested including one woman and three Argentine nationals. Location not disclosed.
MENTIONED IN THIS ARTICLE
Ed Kiernan
Miami
South America
Miami Beach
UPI
Marcoties
Collins Avenue
Alberto van Caester
Salta
Argentina
Carlos Rojas Golomba
Rosario
Cades County
Edward Swan
Hergin
Thomas Horney
Federal Bureau of Narcotics and Drugs
Largest coordinated raid on gambling operations nationwide
Federal agents staged a sweeping raid across 26 cities hitting sports betting rings. At least 27 people were arrested on interstate gambling charges as authorities seized cash and weapons and targeted Caesars Palace executives in Las Vegas. Several hundred FBI agents participated in the operation.
MENTIONED IN THIS ARTICLE
Washington
UPI
Mitchell
Justice Department
Althugh
Albuquerque
Ni M
Buffalo
N.Y
Oklahoma City
Okla
FBI
Caesar's Palace
Las Vegas
Crash Kills Palo Man Near Covington On Highway 4
A Palo man, Clifford Mather, 47, died after a two-vehicle crash Saturday near Covington on Highway 4. Jean Booth, 47, and Edwin Booth, 55, were hospitalized with injuries including a broken jaw and possible internal injuries. The Mather car left the road, crossed back onto the highway and collided broadside with the Booth vehicle.
MENTIONED IN THIS ARTICLE
Clifford C. Mather
Highway 4
Cedar Rapids
Cadar Rapids
Covington
Clifford
Mather
St. Luke's Hospital
Highway Patrol
Jean Booth
Edwin
St. Luke's
Jerash
Mather Auto
Highway St
Edwin Booth
Year of Record Fire Losses Hits Cedar Rapids
Lazela Star writer Gary Peterson reports Cedar Rapids marks its second costliest year for fire losses with eleven deaths and over 1 600 alarms. Fire chief and officials cite matches lighters careless smoking and electrical faults as key causes and urge home fire prevention measures.
MENTIONED IN THIS ARTICLE
Gary Peterson Lazela
Cedar Rapids
McAllen
Heavy Flood Toll Feared in Colombia
Torrential rain triggered landslides that blocked the Cauca river and set off a flash flood washing away houses buses and cars. Officials said more than 100 people drowned but feared the toll could rise.
MENTIONED IN THIS ARTICLE
Bogota
Colombia
Cauca
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