Leading indicators dip for third straight month in July
The Commerce Department reported a 2 percent drop in the index of leading indicators in July, the third consecutive decline, signaling a cooler growth outlook for late 1977. Analysts warned the downturn complicates administration messaging as inflation risks grow with higher borrowing costs.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Dept
Feliks Tamm
Bethlehem Steel Corp
Wall Street
Federal Reserve Board
Federal Reserve
Deregulation plan urged by Southern Governors Conference goal
A Southern Governors Conference committee unanimously approved a resolution urging phased deregulation of oil and natural gas prices to foster new energy supplies. The measure signals a push for energy policy changes to spur development and stability in the sector.
MENTIONED IN THIS ARTICLE
San Antonio, Tex
Two 16 Year Old Girls Given Away in Papua New Guinea
In Port Moresby reports two 16 year old girls were married off by the Jiga clan as compensation for a fatal highway crash that killed three people. About 10,000 watched at Pugalamp Village as goods including pigs birds bamboo oil and a horse were exchanged. The girls will wed relatives of two men killed when their truck struck a fallen tree.
MENTIONED IN THIS ARTICLE
Port Moresby
Papua New Guinea
UPI
Pugalamp
Western Highlands
Oliver Marai
Marai
London air strike chaos eases as controllers return to work
London area air traffic control assistants resume duties after a strike with 50 suspended for refusing to promise no disruption. The move comes as flights remain heavily affected. In Notting Hill, the carnival riot injures 228 including 170 police amid street clashes after festivities. In Africa, fresh Ogaden fighting erupts with 71 Somalis reported killed in Bale Province as Somali leader Siad Barre travels abroad.
MENTIONED IN THIS ARTICLE
London
API
Civil Aviation Authority
UPI
Scotland Yard
Notting Hill Gate
Nairobi
Kenya
Ethiopia
Ogaden
Siad Barre
Soviet Union
Addis Ababa
Bale
Crackdown urged on hearing aid sales
An FTC report criticizes dealers for deceptive hearing aid practices including misreading tests and selling used devices as new. It urges rules to curb advertising and sales misconduct and backs a 30 day trial cancellation, noting 142 million Americans with hearing issues and typical wholesale to retail price gaps.
MENTIONED IN THIS ARTICLE
G. Martin Shepherd
FTC
Shepherd
Berkowitz Found Paranoid and Incompetent for Trial
New York. Psychiatric report concludes David Berkowitz is paranoid and not capable of participating in his defense. Court to hear Oct. 4 on his competency with prosecutors and defense to present further psychiatric testimony.
MENTIONED IN THIS ARTICLE
New York
UPI
David Berkowitz
New York City
Sam
State Supreme Court
Brooklyn
Berkowitz
Gerald Held
Eugene Gold
Gold
David Abrahamson
Colum
Bia University
Richard Nixon
Ira Jultek
Mark Heller
Heller
City Corrections Dept
Kings County
Department
Carmelo Colon
Africa Withholds Support for Rhodesia Peace Plan
South Africa refuses to endorse an Anglo U S backed plan for a peaceful transition to black rule in Rhodesia citing control of Rhodesia's armed forces. Andrew Young and David Owen briefed Prime Minister Vorster on six hours of talks before touring Nairobi and Nairobi officials. Julius Nyerere signaled rejection unless the Rhodesian army is disbanded for a liberation army.
MENTIONED IN THIS ARTICLE
Johannesburg
South Africa
UPI
Rhodesia
U.N
Andrew Young
David Owen
John Vorster
Vorster
Young
Owen
Julius Nyerere
Nairobi
Kenya
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Nation
East Hartford
Conn
Frank DeCarleto
Anita
Miami
New Orleans
Gulf of Mexico
Lake
Voyager
Pasadena
Calif
Jet Propulsion Laboratory
Park
O’neill
Los Angeles
Suzi Park Thomson
Congressional
Tongsun Park
Massachusetts
Thomas P
Tip) O'Neill
Los Angeles Times
the Times
O'Neill
House
Dad
Federal Trade Commission
Africa
Nyerere
Liberation Army
Michael Crawford
St. Joseph Hospital
Omaha
Love Rod
Lynn
Doug
Etter
Mom & Brother
All New
Turquoise & Silver Mine
Lutfiyya
O’ St
ACE Hardware
Thomas
Shears
Meadowlane
Pinking
North Side
E Loril
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