Regulators Warn New York Commodities Exchanges
The Commodity Futures Trading Commission told five New York exchanges to submit compliance outlines within 30 days. Investigations found the self regulation program deficient with issues like pre arranged sales and unfair trading. Three exchanges lack adequate staff and audit programs. broader market regulation could follow if unsatisfactory.
MENTIONED IN THIS ARTICLE
Washington
New York Commodities Futures Exchanges
Commodity Futures Trading Commission
Division of Trading and Markets
New York Exchange
Commission
Commodity Exchange, Inc
New York Cocoa Exchange
New York Coffee and Sugar Exchange, Inc
New York Cotton Exchange
New York Mercantile Exchange
Bagley
Thomas Russo
New York Coffee and Sugar Exchange
Commodity Exchange
Russo
Carter Backed Changes in Humphrey Hawkins Jobs Bill
House sponsors revise the Humphrey Hawkins full employment bill to align with Carter platform. The plan sets a 3 percent unemployment goal for those 20 and older within four years and shifts last resort job rules, delaying availability for two years and raising wage standards while preserving a private job requirement.
MENTIONED IN THIS ARTICLE
Washington
House
Augustus Hawkins
D-Calif
Carter
Afl-Cio
Black Caucus
Senate
Hubert Humphrey
D-Minn
Humphrey
Ford Urges Congress Action On Flu Vaccine
President Ford pressed Congress to pass legislation guaranteeing the government a proper share of risks for a swine flu vaccine program. He cited liability insurance impasse and warned delay could derail the public health effort for Americans. The plea followed a HEW briefing on insurer concerns about program costs and risk assessment.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
David Mathews
Health, Education and Welfare
Paul G. Rogers
House
Seven states challenge 13 cent first class rate in appeal
The states Maine New Jersey Massachusetts Florida Indiana New Mexico and Texas filed a notice of appeal in the U S court of appeals seeking review of the 13 cent permanent first class rate. Maine Atty Gen Brennan says the rate discriminates against first class mailers and that costs are misallocated. The case mirrors a prior suit by 11 states now before the same court.
MENTIONED IN THIS ARTICLE
Washington
Postal Service
U.S. Court of Appeals
Maine
Joseph Brennan
Augusta
Vermont
Iowa
Connecticut
Arkansas
Louisiana
Illinois
North Dakota
Oklahoma
Massachusetts
Ocean Liner QE2 Heads Home After Engine Room Fire
The Queen Elizabeth 2, a 66 851 ton liner, returned toward Southampton after a fire in its engine room cut a New York voyage short. Cunard Lines said most of the 1 200 passengers were asleep when the blaze broke out about 80 miles west of the Scilly Isles.
MENTIONED IN THIS ARTICLE
London
Southampton
New York
Cunard Lines
Scilly Isles
Udall says cabinet talk premature after Carter loss
Rep. Morris Udall of Arizona said it is too early to discuss a cabinet post under a Jimmy Carter administration. He noted Carter has not been elected and has not chosen a cabinet. Udall plans to run for reelection to his 16 year seat.
MENTIONED IN THIS ARTICLE
Tucson
Udall
Mayor Schuetz wins confidence vote in West Berlin
West Berlin Mayor Klaus Schuetz, aided by the arrest of Monika Berberick, a Baader Meinhof group member, won a confidence vote 77 to 65 in the city assembly. The motion followed the escape of four terrorists and the deputy mayor’s dismissal over the incident.
MENTIONED IN THIS ARTICLE
Schuetz
West Berlin
Monika Berberick
Christian Democrats
Hermann Oxfort
Oxfort
Second Camera Shows Sand Dunes on Mars
Pasadena scientists report Viking l activated its second camera revealing dunes east of the landing site at Chryse. Engineers aim to fix a jammed digging arm and extend the boom to 14 inches to enable soil sampling next Wednesday.
MENTIONED IN THIS ARTICLE
Mars
Pasadena
Calif
UPS
Viking l
Chryse
James Martin
Viking
Elliott Levinthal
Jet Propulsion Laboratory Control Center
Earth Control
Martin
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