Economy shows slower growth as inventories reduce gains
Commerce Department data for June shows personal income rising at an annual rate of four tenths of a percent to 64 trillion, the smallest gain of the year. Inventory swings and slower manufacturing capacity, with unemployment near 7.3 percent, explain the moderating expansion and inflation pressures easing as food and fuel prices stabilize.
MENTIONED IN THIS ARTICLE
Commerce Department
Kendrick
Federal Reserve Board
SS accounting system deemed inadequate for payments
Washington AP report notes a government audit found the Social Security Administration’s computer system failed to adequately record classify or summarize payments to 4.2 million aged blind and disabled recipients. The audit cites overpayments totaling at least 362 million since the program’s creation in June 104. The SSI program now distributes about 36 billion annually to the target groups.
MENTIONED IN THIS ARTICLE
Washington
Social Security Administration
Department of Health, Education and Welfare
Siamese twins may separate, doctor says
Galveston, Tex. AP report says pediatrician Dr. C Joan Richardson announced preliminary estimates show encouraging prospects for separating twins Charlotte Marie and Paulette Marie Jones born July 14 who are conjoined at abdomen and chest sharing a liver. Final determination expected in 10 days to two weeks.
MENTIONED IN THIS ARTICLE
Galveston
Tex
APY
Charlotte Marie
Paulelle Marie Jones
C. Joan. Richardson
Hichardson
Bank Robbery Plot Spurs Big Heist Thefts
A caper described as bank robbery with six suspects upstairs, seizing about 2 million in receipts from Nice's major stores and supermarkets. Thieves left loose change, securities, and jewelry. Customers must inventory stolen items for reimbursement amid tax and payout disputes. Night watchmen noted no disturbances, while police theorized tunnel access via a sewer-connected garage.
MENTIONED IN THIS ARTICLE
Nice
Ohm
Viking I lands on Mars with 13 science tasks set for search
Viking I touches down on the Chryse plain after a 4:34 a.m. PDT descent, carrying a $1 billion mission to study atmosphere soil weather and internal structure. Photos from the site show varied rocks and no obvious life forms though researchers caution life cannot be ruled out.
MENTIONED IN THIS ARTICLE
Viking
Yoorputer
Earth
Carl Sagan
Mutch
Chryse
Viking Lander
Viking I
National Aeronautics and Space Administration
Mars
Canada to Buy 18 Lockheed Orions for Coast Guard
Canada plans to purchase 18 Lockheed Orion aircraft to replace Argus long range patrol planes at a total cost just over 1 billion dollars. Lockheed will receive about 700 million with the remainder for ground support and training. The deal, inked last year and revisited this year, faced interest payment disputes over Lockheed’s borrowing costs.
MENTIONED IN THIS ARTICLE
Argus
Canada
Lrgest
Lockheed
Long Beach Gun Suspect Arrested on Secret Witness Tip
Long Beach detectives arrested Leonardo Flores 22, linked to an April 23 La Raza dance shooting. He boarded a train in Los Angeles Union Station for New Mexico before being returned to Long Beach for charges of assault with a deadly weapon and discharging a weapon into a dwelling. Flores faces arraignment today. a Secret Witness reward of 51 dollars may apply if convicted.
MENTIONED IN THIS ARTICLE
Long Beach
Leonardo Flores
Flores
Los Angeles
Union Station
New Mexico
Robert B. Flores
William B. Callette
Bajl
SHIN
ITN
Ilibig
Vida Nueva
Corner
Girl, 3, unable to save baby sister in mobile home
In Bloomington Indiana a 3 year old girl survived five days in a locked mobile home after her mother Jayce Percifield died. The child, Michelle, lived on milk from a refrigerator while attempting to feed 4 month old Angel Marie, who likely died of dehydration. Relatives discovered the deaths Sunday. no foul play signs were found and the exact cause remains undetermined.
MENTIONED IN THIS ARTICLE
Bloomington
Ind- AP
Michelle Lynn Pereifield
Jayce Marie Percifield
Michelle
Angel Marie
John Pless
Percifield
Monroe County
Charles Ellis
Heatherwood Mobile Home Park
Westinghouse strike ends with trio of new contracts
The International Union of Electrical Workers Hughes and the International Brotherhood of Electrical Workers agreed a three year settlement with Westinghouse Electric Corp ending a broad strike. The United Electrical Workers also joined the agreement covering about 22,504 workers in total.
MENTIONED IN THIS ARTICLE
Pittsburgh
Westinghouse Electric Corp
International Union of Electrical Workers
HUEL
International Brotherhood of Electrical Workers
IBEW
United Electrical Workers Union
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