06 Jan 1992
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 06, 1992
Page
1
AT&T introduces a desktop telephone with a built in color screen and video camera priced under $2,000. The feature is pitched as part of future communications and is highlighted in page 6C.
Steve Goodman offers a four inch tape fragment believed to contain moon dust for as much as 100000 dollars. He cites a gift from his father who helped process Apollo 14 space suits. NASA says possessing lunar dust is illegal.
The Detroit Lions beat an opponent 38 to 6 on the road to reach the NFC title game. The Buffalo Bills rolled to a 37 to 14 victory to advance to the AFC championship. Details on page 10.
Moscow radio reports eight rabbits stolen from a Ukrainian zoo on Friday night as price tags for rabbits range from 80 to 100 rubles at market. The figure reflects about a quarter of the average monthly salary for a worker in the region.
The Gazette highlights commitment to the future by using soybean ink and recycled newsprint. Readers are urged to recycle newspapers in drop boxes at City Carton, econofoods, and Hy-Vee locations in Marion and nearby areas.
A humorous note ponders why the Hare Krishna followers with shaved heads are called Hairy Krishnas. The joke hinges on wordplay about hair and tradition.
Administrators directed Cedar Rapids attorney Tom Riley to file for Chapter 7 bankruptcy in federal court on the eve of a plan hearing. Trustees approved the filing, with Mary Maloney not voting, as Attorney Riley represents all four trustees. The move aims for 100 percent recovery of missing funds from the 106.95 million total assets frozen since December.
A Trust Fund Board plan to seek federal bankruptcy protection defies a District Court order and could be grounds for contempt. Receiver David Lyons says the move jeopardizes approval to distribute $18.8 million to 88 local government investors including Marion and Omaha area cities. Officials condemn the action as harmful and vow to resist, risking delay of cash distributions.
Japan plans to relax inspection standards for imported cars to aid U S vehicle sales. The action plan to be released with President Bush will allow U S tests on brakes and international checks on headrests sensors and lights. Toyota Mazda Honda and Mitsubishi plans for GM Ford and Chrysler parts and cars are also reported.
Hertz imposes daily surcharges for New York City residents with $3 for Manhattan and up to $56 for Bronx residents triggering anger among officials. Queens and Bronx leaders condemn the policy calling it discriminatory amid assertions about local liability laws and driver statistics. Other rental firms say they will not adopt similar charges.
Iowa Governor Terry Branstad and lawmakers aim to avoid large tax hikes while facing a tight budget year. Debates center on potential cuts to aid local governments and scrutinizing tax exemptions and corporate taxes. A temporary one cent sales tax proposal is seen as a tool to reduce a $350 million deficit, with decisions likely after more spending cuts and possible revenue actions.
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