Index rises as leading indicators up 0.9 percent
The Commerce Department reports the Index of Leading Economic Indicators rose 0.9 percent in September, marking the 13th straight monthly gain. Baldrige calls the pace still healthy as the third quarter shows moderate growth and economists see protection against overheating. Five of ten indicators rose, led by new business formations, with mixed results across orders, permits, prices, and unemployment claims.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Commerce
Malcolm Baldrige
Baldrige
Robert Wescott
Wharton Econometrics
Wescott
Bill Dunkelberg
National Federation of Independent Business
Senate Threatens Credit Freeze Over Deficit Plan
The Senate kept its plan to cut off government credit until Congress and the Reagan administration agree on deficit reductions. The White House rejected a 56 billion tax increase over three years, calling it unacceptable while praising a plan with 64 billion in spending cuts and limited new taxes.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congress
Reagan
White House
Larry Speakes
Robert Dole
R-Kan
Senate Finance Committee
Dole
Speakes
House
City urged to pay parents $100 to keep kids in line
The NAACP urged Evanston to hire parents of active gang members at $100 weekly for up to nine months to curb youth crime. City leaders warned the plan could cost about $1 million annually, be unworkable, and raise civil rights concerns.
MENTIONED IN THIS ARTICLE
Evanston, Ill
NAACP
Evanston
James C. Lytle
Lytle
James Gillespie
Coleman Miller
National Association For the Advancement of Colored People
Marjorie Collens
Evanston City
Human Services Committee
Lifeboat sighted after capsized ship search off China coast
Searchers found a capsized lifeboat and a hull fragment near the Glomar Java Sea area but no trace of 79 missing crew members after three days of stormy South China Sea conditions. Vietnam sent two navies to aid US and Chinese search efforts.
MENTIONED IN THIS ARTICLE
Peking
China
South China Sea
Vietnam
United States
Java Sea
Watt to Join Heritage Foundation After Cabinet Career
Interior Secretary James Watt plans to leave his Cabinet post next month and join the Heritage Foundation as a visiting distinguished fellow in energy and natural resources policy. He will work about four months, delivering speeches and writing articles for distribution to members of Congress.
MENTIONED IN THIS ARTICLE
Washington
James Watt
Conservative Heritage Foundation
Watt
Congress
Heritage
Controllers testify on FAA staffing and safety concerns
Four veteran air traffic controllers told a House subcommittee that staff shortages long hours and rising flight numbers threaten safe operations. They cited low morale at the Leesburg Virginia FAA center where 120 controllers petitioned FAA Administrator J Lynn Helms, saying many issues remain unresolved.
MENTIONED IN THIS ARTICLE
Washington
Congress
Jack Crouse
Federal Aviation Administration
Leesburg
House Investigations
FAA
J. Lynn Helms
Reagan cites Armageddon amid Beirut crisis
President Reagan reportedly told lobbyist Thomas Dine he wondered if the world was entering Armageddon after the Beirut bombing that killed more than 200 U. S. Marines. Dine confirmed the Oct. 18 call discussing a war powers compromise and a Marine death in Beirut.
MENTIONED IN THIS ARTICLE
Washington
Beirut
Reagan
Thomas Dine
Congress
Dine
White House
Wolf Blitzer
Jerusalem Post
Blitzer
Swamp Rat Nabbed After Seven Weeks in Marsh
Charles Lee Hall 42, once living in the Manchac Swamp, was captured in a hunter’s trailer while making a jelly sandwich. He faces first degree murder and robbery charges in the Sept 10 death of Leander L. Keller Jr., 57, found on the swamp edge.
MENTIONED IN THIS ARTICLE
New Orleans
Charles Lee Hall
Manchac
St. John the Baptist Parish
Leander L. Keller Jr
Manchac Swamp
Passenger jumps from plane near York during Harrisburg flight
A 20s passenger leaped from the emergency door of a Shorts 330 commuter plane flying toward Washington at 3500 feet. The 30-seat craft, en route from Harrisburg, traveled 140 mph north of York. State police and the airline search with helicopters and the pilot's help.
MENTIONED IN THIS ARTICLE
Harrisburg
Washington, D.C
York
Pennsylvania Airlines
William Clark
Clark
Soviet confirms Dniester spill at Stebnik Works
Izvestia quotes Nikolai Vasilyev as saying the Sept. 15 brine flood from the Stebnik Fertilizer Works breached an earthen dam on the Dniester, injuring aquatic life and water supplies. Eight designers and officials face criminal charges.
MENTIONED IN THIS ARTICLE
New York Times Serv Moscow
Soviet Union
Ukraine
Dniester
Izvestia
Nikolai Vasilyev
Odessa
Vasilyev
Stebnik
Drogobych
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