Chrysler to offer passenger air bag cut off switches
Chrysler Corp will install cut off switches for passenger side airbags in some pickups and sport cars with no back seat. The change follows a government proposal and is meant to provide an option without disconnecting airbags. company spokesman Jason Vines outlined the shift in position.
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Whitewater case hires prosecutors for Starr team
Independent counsel Kenneth Starr added two veteran federal prosecutors to the Whitewater inquiry. One will work in Washington D C and the other in Little Rock Arkansas as Starr continues to review three years of evidence involving President Clinton and Hillary Rodham Clinton. The probe may yet yield more indictments. The Little Rock office also examines the hiring of Webster Hubbell by Los Angeles Airport and by a Lippo Group affiliate linked to the Riady family near the Clintons.
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Teens in Delaware murder case return home to New Jersey
Amy Grossberg and Brian Peterson Jr. returned to Bergen County after 2 1/2 months in bail arrangements. Delaware and New Jersey officials outlined a monitoring plan with electronic supervision and a 14 hour curfew. Minor violations fall to Bergen Prosecutor. serious issues to Delaware AG. Families pay Delaware $10 per day for monitoring.
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Apple cuts prices and plans layoffs amid restructuring
Apple Computer Inc. in San Jose cuts prices up to 27 percent across Power Macintosh and Performa lines and for servers as sales sag. Chairman Gil Amelio says layoffs will occur during further restructuring, aiming to return to profit by the July-September quarter.
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Clinton Budget Plans Tax Cuts and Education Aid
President Clinton proposes 100 billion dollars in tax cuts over five years aimed at families with young children and education expenses, funded by about 80 billion dollars in new taxes. The plan recycles last year’s proposals, including extending the 10 percent airline ticket tax and curtailing corporate tax breaks. It also outlines a 500 dollar tax credit for families with children under 13 and education incentives such as a 1500 dollar Hope scholarship credit and up to 10000 dollars in education expense deductions, with costs listed through 2002.
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Associated Press
IRS Official Decries Outdated Computers Amid Modernization
Washington AP An IRS official warns the $4 billion computer modernization has not sped up researching taxpayers complaints. He says processing returns and issuing refunds remains strong this tax season while the agency plans new fixes. The program, begun in 1986, faces Republican criticism but will continue with private sector proposals to enhance paper form data reading.
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Internal Revenue Service
Arthur Gross
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