Food price dip offsets energy rise in April inflation
The April CPI rose 0.4 percent with food dropping 0.2 percent marking the first fall in 11 months while energy costs climbed 3.1 percent. Excluding energy and food, CPI gained 0.3 percent as four month inflation ran 4.2 percent annualized. Economy slowed to 0.7 percent annual rate in Q1.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Labor Department
Dow Jones
Ortega Secures Soviet Oil Promises for Nicaragua
President Daniel Ortega reports the Soviet Union will supply 80 to 90 percent of Nicaragua oil needs this year. He aimed to offset U S trade sanctions after a 14 nation tour seeking economic aid. Officials note Western cash aid remains unclear amid broader Soviet bloc cooperation.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Soviet Union
Daniel Ortega
Ortega
U.S
Moscow
Reagan
Sandinista Front
United States
Europe
Bulgaria
Yugoslavia
East Germany
Czechoslovakia
Poland
Hungary
Romania
Spain
France
Italy
Finland
Sweden
Cuba
Texas bingo bill faces House conflicts over limits and payouts
Senate OK'd a bingo bill amid clashes with House changes proposed by Rep. Lloyd Criss and Sen. Carlos Truan. Debates centered on prize caps, number of halls, rental limits, and comptroller oversight while proposals to fund charities and curb promoter profits were contested.
MENTIONED IN THIS ARTICLE
Harris
Dallas
Economic Development Committee
Comptroller
Truan
Lloyd Criss
D-La Marque
House
Henry Lee Lucas
Charles Finnell
D-Holliday
Pepsico Seals New Trade Deal With Soviet Union
Pepsico Inc and the Soviet government signed a five year pact expanding prior exchange marketing of Pepsi Cola in the USSR and Stolichnaya in the United States. Current USSR Pepsi sales are about 200 million dollars annually and US Stolichnaya sales about 100 million. Kendall said the total business should nearly double. The signing occurred at the Foreign Trade Ministry with Yuri Zhishin of Soyuzplodoimport.
MENTIONED IN THIS ARTICLE
Moscow
Pepsico Inc
Soviet Union
Pepsi-Cola
United States
U.S
Pepsico
Donald M
Kendall
Foreign Trade Ministry
Yuri B. Zhishin
Soyuzplodo Import
Shiites fight to bar PLO return to Beirut camps
In Beirut three crowded refugee camps Sabra Chatilla and Bourj el Barajneh fierce battles raged as Shiite Amal militiamen clashed with Palestinian guerrillas to block a PLO return. At least 60 killed 270 wounded with army units enforcing a cease fire and mopping up.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
PLO
Druse
Walid Jumblatt
Sabra
Chatilla
Bourj el-Barajeh
Amal
Bourj el- Barajneh
Israel
Yasser Arafat
Palestine Liberation Organization
Arafat
Severe Texas storms bring twisters hail and floods across East Texas
A morning line of storms produced at least five tornado sightings, baseball sized hail, and flash flooding across East Texas. An Ennis dealership and several businesses in Ellis County sustained damage with losses under 100000. No injuries were reported. Watches remained in effect as storms moved across the region with potential for more today.
MENTIONED IN THIS ARTICLE
East Texas
Ennis Chevrolet
Ellis County
Texas
Middle Coast
Rio Grande Valley
National Weather Service
Lamar County
Direct
Paris
Big Spring
Sheriff's Department
Harry Michelisac
Nacog
Abilene
Bryson
Ragland
Jacksboro
Fallurrias
Wichita Falls
Dallas
Mic
Missour
Oklahoma
Central
Kansas
Arkansas
Bairfield
Brentwood
Micheel Conley
Illinois
New York
Atlantic
Rockies
Geronimo
Oxia
Sumner
Owen
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Federal Reserve Board
Fed Board
Industrial Accident Board
Victims’ Fund
Cavazos
Talmadge Heflin
Houston
Domino’s
and KE
Edward C. Jones
Stan Cunningham
New Braunfels
Edward BD. Jones AM
Sco
Jose Ayala
Carl Schurz
Mm Mbank
New Braunfels A Momentum Bank
P. O
McOr
Aunfels