Chilean grape scare hits U.S. fruit trade
United Press International reports two cyanide traces in Chilean red seedless grapes sparked widespread removals from shelves in U S and Canada with Japan following. FDA detained all Chilean fruit pending testing amid fears of a broader boycott. Officials warn the move could devastate Chile’s export economy as shipments drop and markets fear spoilage.
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Shuttle problem resolved during Discovery flight
CAPE CANAVERAL Fla UPI the Discovery crew fixed a power system glitch and filmed Kilimanjaro storms over Australia and Mexico. NASA spokesman Brian Welch said the bulky hydrogen tank would not force an earlier landing. The crew aimed to land Saturday at Edwards AFB Calif.
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Inventories rise 0.7 percent in January signaling caution
U S Commerce Department data show manufacturers and trade inventories up 0.7 percent in January after a 0.9 percent rise in December. Total inventories stood at 766.2 billion. If unwound, bulging stocks could force price cuts or factory slowdowns to clear shelves.
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Plan to close or realign 40 major bases faces House vote
House Armed Services Committee approved a plan to close or scale back nearly 40 bases nationwide, including Chanute Air Force Base and Fort Sheridan in Illinois. The plan would shut 34 major installations, 52 smaller ones, partially shut five and realign others, saving about 694 million dollars annually.
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Thrift Deposit Drain Sets January Record Loss
Washington reports the Federal Home Loan Bank Board says U S Thrifts shed 10.7 billion dollars in January. The drop eclipses any prior single year and follows 8.6 billion for all of 1988 and 8.3 billion in December. Causes include high rates at money market funds and rate gaps with banks, with investor nerves a factor.
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Classified Central America data allowed in North trial
After a 30 minute closed hearing Judge Gesell ruled the government’s classified Central America information is no longer secret and may be used in North's case. Prosecution witness McFarlane remains central and his testimony will be fully tested under Sullivan’s cross examination with countries and leaders names allowed. McFarlane admitted sending February 1987 letters to Congress about third country fundraising tied to Nicaraguan rebels amid an emotional outburst.
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Midwest storm packs snow and hail with 60 mph winds
A powerful storm system swept the central United States delivering near three feet of snow in Wyoming and 60 mph gusts in Michigan and Indiana. Severe thunderstorms lashed the Midwest with hail up to golf ball size and heavy rain in several states as winter warnings persisted into the Upper Midwest.
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Illinois weekend forecast and lottery results summary
Illinois forecast calls for considerable cloudiness with a chance of rain Saturday and Sunday across the state. Temperatures will range from the 40s in the north to the 60s in the south with lows in the 20s to 40s. Also reported were Tuesday lottery numbers 1-2-4 and Pick Four 7-1-0-7, with Lotto grand prize estimated at 13 million dollars for Saturday.
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Market quotes and commodity futures snapshot
Noon commodity quotes from Merchants Trading Company show live cattle and hog futures, pork bellies, feeders, soybeans, corn, wheat, and metals with listed prices for several delivery months and contract series. Series include Live Beef Cattle April to October, Soybeans March to November, and Gold and Cotton futures among others.
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