Bush urges lower rates to aid housing market
President Bush told the National Association of Homebuilders that reducing interest rates is crucial to revive housing. He announced a Federal commission to study ways to expand affordable homeownership and pressed for fiscal policy and easier credit, warning high rates price out young buyers. The remarks align with administration pressure on the Fed to ease credit.
MENTIONED IN THIS ARTICLE
Atlanta
Bush
Federal Commission
National Association of Homebuilders
Congress
Federal Reserve Board
Jack Kemp
Kemp
Davol expansion to add up to 125 Lawrence jobs
Davol Inc plans a major expansion at its East Lawrence facility, converting the former Kansas Color Press Building at 700 E. 22nd on 11 acres. Work began two weeks ago, with demolition and renovations for a 90,000 square foot site. The plan foresees 100 to 125 new jobs within two years as production moves to Lawrence.
MENTIONED IN THIS ARTICLE
Davol Inc
East Lawrence
Davol
Kansas Color Press
Dan Scheck
Medical
Struments
Lawrence
Scheck
Davos
Gorbachev Blames Extremists for Azerbaijan Armenia Turmoil
In Moscow Gorbachev blamed violence between Azerbaijanis and Armenians on extremist forces and a shadow economy seeking to undermine perestroika. He warned the unrest could become a national catastrophe as about 72 people died and 220 wounded in six days of fighting sparked by events in Baku.
MENTIONED IN THIS ARTICLE
Moscow
Mikhail S. Gorbachev
Gorbachev
Kremlin
U.S.S.R
Azerbaijan
Tais
Nagorno- Karabakh
Azerbaiachat
Armens
Tass
Baku
County reports first 1990 traffic fatality
Brian S. Robinson, 21, of Independence Kentucky was killed in a Friday morning crash west of Lawrence. His 1978 Toyota veered left of center on Kansas Highway 40, overturned, and struck a utility pole. Law enforcement and emergency crews responded days before 3:32 a.m. with the coroner awaiting BAC results.
MENTIONED IN THIS ARTICLE
Independence
Lawrence
Douglas County
Brian S. Robinson
Robinson
Highway 40
Douglas County Ambulance Service
Lawrence Memorial Hospital
Carol Moddrell
Inside Today Snow Slows to Flurries Saturday High 33
The forecast notes snow gradually easing to light flurries this Saturday with a high near 33. Wind may shift and coastal snows dissipate, leaving chilly conditions for the day. No major precipitation expected beyond light flurries in patches.
Jamison, KU debut in 132 point win over Elizabeth City State
Alonzo Jamison scored nine points in his Kansas debut as the Jayhawks routed Elizabeth City State 132 to 65 on Thursday night. Separately, former preschool operators were acquitted on 52 counts of child molestation, drawing mixed reactions from parents nationwide.
MENTIONED IN THIS ARTICLE
Alonzo Jamison
Elizabeth City State
Index Area report in brief Classified Comics
A compact index area item references the newspaper sections including Classifieds Comics Deaths Editorials Hospitals Markets Real estate Sports TV and Weather along with a quotable remark about consequences faced by former operators in a child molestation case context.
MENTIONED IN THIS ARTICLE
Cee Eeads
D C mayor faces cocaine charge
Mayor Marion Barry appeared at arraignment on a misdemeanor narcotics charge after an FBI surveillance operation allegedly showing him smoking crack cocaine. The case arose amid his bid for a fourth term and followed a related government informant’s testimony.
MENTIONED IN THIS ARTICLE
Washington
Marion Barry
FBI
Barry
Ronald D. Stern
Effie
U.S
Stern
Mundy
Justice Department
David Runkel
Dick Thornburgh
Internal Affairs Division
Bush
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Jamison
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D.C
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R. Kenneth
Lee Federal
Eales