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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Jun 24, 1977

Page

4

U S bars sale of Cyber 76 computer to Soviet Union

The Carter administration blocked Control Data Corp from exporting a Cyber 76 supercomputer to the Soviet Union citing potential military use and lack of safeguards. The decision followed interagency review including State and Defense departments and the Energy Research and Development Administration. Control Data called the move political and said details would be released after a House subcommittee briefing.

Washington Soviet Union Commerce Department Control Data Corp Minneapolis White House Carter State and Defense Departments Energy Research and Development Administration Control Data Minneapoli Duane Andrews Andrews United States National Weather Service House Congress Pentagon Air Force National Security Council Raver J. Moyer Office of Export Administration U.S

Blumenthal Seeks Separation After 26 Years of Marriage

Treasury Secretary W. Michael Blumenthal and his wife Eileen plan a separation after 26 years of marriage. The couple has three daughters Ann Margaret Gillian Jane Evelyn. Blumenthal chairs Beatt Holdings, a Michigan based billion dollar company, and was named to head the Treasury by President Carter in December. He was born in Germany, became a U.S. citizen in 1952, and fled to Shanghai as a child during the war.

Treasury W. Michael Wlumenthal Eileen University of Michigan Washington Michaul Blumenthal Reeds Joseph Latin Blumenthal Ann Marcaret Gillan Jane Eviven Blumethal Beatts Corp Michigan Prest- Carter Treas Marcaret Elen Polley Armani Shanehai Japan Mercy College Detro't Wasnunden

Carter SS revenue plan faces Senate tax hurdles

Senate Finance Committee chair said he cannot fully back the Carter administration plan to shift four billion in social security funds and reserves to cover deficits. He supports a broad tax approach, noting a value added tax could be considered while urging provisions to protect lower earners. He sees a balanced budget goal possible without new revenue if reforms are carefully designed.

Washington Senate Peng Long Carter

High court narrows antitrust limits on exclusive territories

The Supreme Court ruled that manufacturers may divide markets among retailers without automatically violating antitrust laws. The decision makes it harder for government or plaintiffs to challenge deals granting exclusive territorial franchises. The case involved GTE Sylvania and its exclusive stores, echoing the 1967 Arnold, Schwinn ruling on resale restraints.

Washington Kns Supreme Court GTE Sylvania, Inc Televi Arnold, Schwinn & Co

North Sea Oil Strike by Shell and Esso

Shell and Esso announced a joint discovery in the North Sea near Dunstee about 170 miles east. The Fulmar field is planned for 1981 production with potential output of 150,000 barrels per day and recoverable reserves larger than the Auk field, which is already producing 70,000 barrels daily.

London Shell Esso North Sea Dunstee Scatton

Probe set in oil trade competition practices

The Justice Department antitrust division investigates possible anticompetitive practices in the international crude oil trade. Acting chief John H. Shenefield said the inquiry targets production limits and Arab nation owned firms undercutting world prices, with results expected in about a month. The probe also covers effects of international joint ventures and steps toward divesting some oil pipelines. Three temporary rock dams would be built in the Sacramento-San Joaquin Delta to reduce salinity and save water, sent to Gov. Brown.

Washington Justice Department John H. Shenefield Senate Antitrust Subcommittee Shenefield Edward M. Kennedy D-Mass Delta Rock Dam Sacramento Sacramento-San Joaquin Delta Hill Brown

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