Dollar slides below 200 yen mark in Tokyo market
In Tokyo the dollar fell to a new low of 195.30 yen and closed at 195.525 yen as traders noted a heavy market volume and intervention by the Bank of Japan estimated at 100 million dollars. Prime Minister Fukuda attributed the move to U.S. policy inaction and Congress failures on energy legislation.
MENTIONED IN THIS ARTICLE
Japan
Bank of Japan
Takeo Fukuda
United States
U.S
Carter
Washington
Nihon Keizai Shimbun
Tokyo
New York postal union local to vote on strike after firings
The militant New York Metro Area Postal union local of the American Postal Workers Union authorized its members to hold a strike vote following the firing of 122 picketing workers at two bulk mail centers. Wildcat strikes in Jersey City and Richmond entered their fourth day despite Bolger warnings of further firings and legal action.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wildcat
Jersey City
N.J
Richmond
Calif
William R. Bolger
New York Metro Area Postal Union
American Postal Workers Union
Union OKs Strike Vote In 26,000 Metro Area Members
The union of 26,000 metro workers plans a strike vote at multiple sites over days, with Branch 36’s 8,000 members backing Metro actions if a strike occurs. The move follows the USPS dismissals of 80 strikers at Jersey City and 42 at Richmond. Judge Lacey extends a temporary restraining order and sets a hearing for next Monday.
MENTIONED IN THIS ARTICLE
National Association of Letter Carriers
Metro
US. Postal Service
New York
Afl-Cio
New York Area
Robert Martell
San Francisco
Martell
West Coast
U.S
Frederick Lacey
Jordan Warned White House Staff On Drug Use
Washington AP says Hamilton Jordan warned White House staff early about marijuana and cocaine. Carter ordered 11 senior staff to tell aides to avoid drugs or seek other employment, after Dr. Peter Bourne’s drug scandal and admission of marijuana use among staff.
MENTIONED IN THIS ARTICLE
Washington
Hamilton Jordan
Carter
White House
Terry O'Connell
Jordan
Peter G. Bourne
Bourne
Hamilton
O'Connell
Job Corp center chances dwindle in Louisiana
Louisiana Secretary of Labor Joe Gerace says two Job Corps centers in Louisiana are increasingly unlikely. A 300 youth center will open in Shreveport next year while Baton Rouge plans stall. Bids for Shreveport are due, with contracts due next month.
MENTIONED IN THIS ARTICLE
Baton Rouge
Louisiana
Joe Gerace
Shreveport
U.S. Department of Labor
Gerace
Our Lady of the Lake Hospital
Department of Labor
Battered wife acquitted in New Orleans murder case
Viola Williams was cleared of second degree murder charges after prosecutors said she acted in self defense as a battered wife. Judge Charles Ward dismissed the case as Williams and her children had pointed police to Harold Randolph’s body.
MENTIONED IN THIS ARTICLE
New Orleans
Viola Williams
Criminal District Court
Women Against Violence Against Women
Ms. Williams
Charles Ward
Harold Randolph
Randolph
Linda Bizzarro
Bizzarro
L'Hoste attorney says funds were political donations
In Houston, defense for contractor Robert J. L'Hoste argues the money given to Jefferson Parish politicians were donations and not bribes. Prosecutors insist the funds financed bribery in return for $48 million in non bid sewer work from 1970 to 77, as L'Hoste and two aides face a new trial for conspiracy and racketeering after prior convictions were tossed out.
MENTIONED IN THIS ARTICLE
Houston
Robert J. L’hoste
Kenner
L'Hoste
Jefferson Parish
Jefferson
L’hoste
U.S
Richard Simmons
Simmons
L'Haste
Julian Murray
Murray
Offshore rig explosion kills two in Gulf of Mexico
An offshore drilling platform explosion in the Gulf near Cameron killed Marcus Ray Smith and Joe Dyess and injured several workers. The incident, on a platform operated by Aminoil U.S.A., involved a hydraulic clutch failure on the draw works while workers returned to drill, with no fire or gas release.
MENTIONED IN THIS ARTICLE
New Orleans
Gulf
Marcus Ray Smith
Joe Dyess
Oakdale
Miss
Pool Co
Dan Bourgeois
US Geological Survey
Bourgeois
Cameron
Aminoil U.S.A. Inc
Also Mentioned on This Page
Militant
Stanley Weigel
Bolger
New York Bulk Center
Postal Service
Job Corp Center
John Golden
Jordan's
Georgia
Democratic National Committee
Jody Powell
Powell
Miracle Steam Carpet Cleaners
Clarence E. Rogers
Marvin Cochran
Voua
Channell Drug Center
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