Judges Say IBM Didn't Violate Act
Denver AP report notes a 10th U.S. Circuit panel reversed a $4.2595 billion Telex verdict against IBM, ruling no predatory anti trust conduct. Telex must pay IBM $18.5 million. trading halted by the SEC pending the impact. Telex president Stephen Jarras said an appeal to the Supreme Court is likely.
MENTIONED IN THIS ARTICLE
Denver
IBM
Telex
10Th
U.S. Circuit Court of Appeals
Securities and Exchange Commisson
Tulsa
Stephen Jarras
Supreme Court
U.S
A. Sherman Christensen
American Tobacco Co
Shapp seeks innocuous post for Agnew in national interest
Governor Milton Shapp urged President Ford to grant former Vice President Spiro Agnew a harmless government post. He argued the job would serve national interests and prevent Agnew from influencing Arab investors, amid reports of a Saudi money source tied to the Mt. Victory Coal Co. purchase in Kentucky.
MENTIONED IN THIS ARTICLE
Harrisburg
Milton Shap
Ford
Agnew
Shapp
Mt. Victory Coal Co
Kentucky
Demos Cooperation Not Confrontation Aim in Energy Bill
Congress advances a bill delaying part of President Ford energy plans while Democrats urge cooperation not confrontation. Rep Sem Gibbons says they want to rebuild the coalition and seek time to adjust the energy package. The measure links delaying oil tariff increases to raising the debt ceiling for Ford’s proposals.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
Sem Gibbons
D-Fla
Gibbons
House
Ways and Means
William Green
Dpa
Orly
Herman Schneebeli
R-Pa
G.O.P. Membber
Congress Pa
al Ullman
D. Ore
Skeleton of Longmissing Child Found
A four year old girl's skeleton and clothing found on a hillside near Portage Bay confirmed Heidi Peterson as the missing child. Dr. Donald Reay said dental records proved the remains, discovered after posters nationwide, belonged to Heidi who would have turned five on New Year’s Day. Her parents Roy and [M]rs. Peterson expressed mixed emotions. investigators continue to probe how the body came to the hilltop, possibly placed there recently.
MENTIONED IN THIS ARTICLE
Seattle
Heidi Peterson
Portage Bay
Heidi
Donald Reay
Reay
Roy Peterson
Peterson
Bangladesh Chief Takes All Powers
Sheik Mujibur Rahman seized all executive authority in Bangladesh by a constitutional amendment, creating a de facto one party state. The move, passed in parliament without opposition, strips the legislature to advisory powers and aims to suppress dissent amid postwar turmoil.
MENTIONED IN THIS ARTICLE
Nacca
Bangladesh
Sheik Mujibur Rahman
Pakistan
Shaik Mujib
Four Killed 42 Hurt In New York Bombing
A fragmentation bomb exploded near Fraunces Tavern in lower Manhattan injuring 42 and killing four, including a decapitated man. The blast damaged surrounding buildings as patrons and workers rushed to safety. The FALN Puerto Rican nationalist group claimed responsibility, saying the attack was retaliation for the murder of two Puerto Ricans.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Financial
Fraunces Tavern
George Washington
New York Stock Exchange
Glass Sharda
FALN
CLA
Officer Cleared after 4 Hour Probe
An investigation into a report of excessive force by a Cedar Rapids police officer ended within four hours of the complaint. The probe did not interview witnesses or the alleged victim. Officer Ted McLeod was cleared despite conflicting accounts.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wallace LaPeters
Dennis Flatley
Crestwood Drive
Cer
First Avenue East
Bradley Kirk Swyers
Third Avenue SE
Flatley
LaPeters
McLeod
Ergar
Swyer
Hin
Link Most of Price Rise to Middleman
Washington AP: Agriculture Department figures show soaring middleman costs account for over four fifths of last year’s retail grocery price rise. A 1974 market basket averaged $33.66 weekly, up $4.09 from 1973, with farmers gaining 63 cents and middlemen $3.46 of the weekly increase. The full year 1974 cost was $1,750. middlemen’ s share rose 21.8 percent to $1,018, while farmers’ portion was $734, up 4.7 percent.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Iwo Jima Hero to Be Decorated After 30 Years
Former Marine Sgt. John Smokey Smoyak, who led a dangerous night reconnaissance on Iwo Jima 30 years ago, will receive the Bronze Star for heroism. The ceremony, with a band and color guard, is set for Friday at the Philadelphia Naval Shipyard. Smoyak, now unemployed and a cancer patient, recalls the perilous mission and hopes his fellow servicemen also receive recognition.
MENTIONED IN THIS ARTICLE
Philadelphia
John “Smokey” Smoyak
Iwo Jima
Smoyak
U.S
Philadelphia Naval Shipyard
Tom Weiner
Deptford
Smokey
Eatontown
OPEC to Hold Oil Producer Summit for West Talks
OPEC agreed to convene a producer summit to prepare for talks with Western industrial powers. Jamshid Amouzegar said the meeting could occur in Algiers between mid February and early March, with broader discussions on oil wealth spending and potential tripartite talks. Saudi officials denied plans for a 100 percent takeover of Aramco.
MENTIONED IN THIS ARTICLE
Algiers
UPI
Organization of Petroleum Exporting Countries
Ahmed Zaki Yamani
Jamshid Amouvegar
Amouzegar
OPEC
Sumantiit
Abdelaziz Bouteflika
Weat
Bouteflika
Arabian-American Oil Co
Ford's Health Declared Excellent After Routine Checkup
WASHINGTON UPI President Ford was pronounced in excellent health Saturday after a threat kout routine physical examination at Bethesda Naval Medical Center.
Student Battle In Bangkok Kills Photographer
Bangkok AP report says student gunmen from two vocational schools killed a newspaper photographer and wounded the police chief and six officers during a battle between rival student groups.
MENTIONED IN THIS ARTICLE
Bangkok
Thailand
Uhief
Swan loan joke leaves readers chuckling
A lighthearted quip notes that anyone able to pay no interest nowadays doesn't need a swan, framing a playful take on finances and whimsy.
Also Mentioned on This Page
Editorial
F Financial
Marton
Eververs i Movtes
Rebanavontnog Sporta
Demos
Green
Houari Boumedienne
Algeria
Organization of Petroleum Exporting Counties
Dacca
Sheik Mujib
India
Awami League
Chase Manhattan Bank
Thomas Regan
Charles Anderson
Vinnie
Mevien
Associated Press
Fuerzas Armatas de Liberacion Nacional Puertoriqueng
Armed Forces of the
Bill Lavelette
Platley
Iowa
Oakdale
Linn County Civil Service Commission
Asalatant
John Erger
Erger
Ted McLeod
Swyers
Gazette
Chris Wallace LaPetars
LaPetars
LaPaters
Arst
The
James Day
Fourth Marine Corps District
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