04 Apr 1997
Page 1
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 04, 1997
Page
1
The Energy Department forecasts peak summer gasoline prices will fall about two cents from last year, with an average of 1.31 per gallon and a high of 1.34 in June, as demand rises to 342 million miles daily. The drop is attributed to cheaper crude oil and a mild winter.
A NICHD study with KU researchers and 80 Lawrence families shows high quality day care does not disadvantage cognitive development in the first three years. It highlights the importance of caregiver quality and language input, noting longer hours may slightly strain mother child interactions early.
Washington reports the FCC approved a plan to launch digital television, promising movie quality picture by Christmas 1998. Prices may start around 5,000 for new sets and 500 for digital VCRs, with 20 percent penetration targeted in six years as manufacturers expect brisk uptake. Pete Bevacqua weighs whether to buy now.
New York market veteran Hugh Johnson, head of First Albany Corp., decided to pull part of the $260 million his firm manages from stocks amid a weak market. He calls it a correction and warns a bear market could follow if March employment data push the Fed to raise rates. The Dow has been volatile since 1990, despite elections.
Memorial Sloan-Kettering Cancer Center amassed about 250000 for a home care program for terminal patients as a volunteer nurse, Carol Farkas, sent a letter to friends that steamrolled into fame with Liz Taylor and other celebrities. Hospital officials called the effort inappropriate yet not illegal, noting the program relies on donations and Farkas faces no reprimand.
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