Pension debt looms for Americas top 100 industrial firms
America’s 100 largest industrial corporations owe at least 38 billion dollars more in unfunded pension liabilities than they have set aside. The gap, larger than the sector’s 1976 profits of 32 billion, could force payments over decades and trigger government support if firms fail. General Motors leads unfunded liabilities at 7.3 billion, with Ford and Chrysler also carrying multi‑billion gaps.
MENTIONED IN THIS ARTICLE
Evans Witt
Washington
America
Uniroyal
McDonnell- Douglas
Lockheed
Republic Steel
LTV
Litton
Associated Press
Securities and Exchange Commission
Pension Benefit Guaranty Corp
General Motors
Ford
Chrysler
U.S. Steel
Bethlehem Steel
Dupont
International Harvester
Union Carbide
Westinghouse
IBM
Western Electric
Exxon
General Electric
Carter plan offers subsidies to aid hard to place children
A Carter administration proposal to provide federal subsidies to encourage adoption of hard to place children was announced Tuesday. The note appears in a report highlighting federal social policy incentives and practical questions raised by the plan.
MENTIONED IN THIS ARTICLE
Carter Administration
Kent State protests dispersed by police at campus
Police armed with clubs dragged away 192 demonstrators from Kent State University as about 1,000 onlookers protested the removal and the planned $6 million gym near the site of the 1970 shootings. Among those arrested were parents of victims Sandra Scheuer and Allison Krause, and Vietnam veteran Ron Kovic.
MENTIONED IN THIS ARTICLE
Kent State
Kent
Ohio
UPI
Kent State University
National Guard
Martin Scheuer
Boardman
Sandra Scheuer
Arthur Krause
Pittsburgh
Allison Krause
Alan Canfora
Canfora
Portage County Sheriff's Deputies
Kent City
Ron Kovic
Rv . Up! Telephoto
Fowler returns to UNL to finish degree amid legislature duties
Former student body president Steve Fowler, back at the University of Nebraska Lincoln to complete 24 hours for his bachelor’s degree, struggles to balance class with legislative duties. A five year absence and a five dollar library fine delay readmission, later deemed a mistake. Senator Ernest Chambers also plans to resume studies in law school in the fall.
MENTIONED IN THIS ARTICLE
C. David Kotok
Steve Fowler
University of Nebraska-Lincoln
Fowler
Legislative Council Executive Board
William Swanson
Swanson
Neale Copple
Copple
Ernest Chambers
Omaha
Chambers
Carter to appeal for neutron bomb funds in Congress
President Carter will urge Congress to fund neutron warheads amid debate over their battlefield use. White House spokesman Jay Powell said Carter will address the Senate Armed Services Committee and seek approval while signaling possible changes.
MENTIONED IN THIS ARTICLE
Washington
Carter
Congress
White House
Jody Powell
Senate Armed Services Committee
Washington Post
West Germany
Defense Dept
Powell
House
Senate
Diller school board blocks recall election action
The Diller school board halted its recall vote scheduled for Tuesday after a stormy four hour meeting. The board rescinded June 6 action claiming petitions are illegal and delaying public discussion while announcing a special meeting to explain the Rost firing dispute.
MENTIONED IN THIS ARTICLE
Southeast Nebraska Bureau
Diller
Diller School Board
Clarence Rost
Jefferson County
Rost
Edward Lundak
Verdigre
Vernon Hanneman
Hanneman
Bruning
Leonard Sasse
Harold Logan Jr
Sasse
J. D. Losing
Angie Weers
Marion Fritzen
Kenneth Baumfalk
Larry Germer
Gage County
Lyle Koenig
Hebron
Ralph Fischer
Beatrice
Dora Miller
County
James McKernan
Wet weather lifts city park fire ban
The City Parks and Recreation Dept lifts its grill fire ban after a Fourth of July weekend spate of fires. Monday morning rain improves dry conditions. Star-Lite Ballroom features Eddie Howard Orchestra Thursday 8 to 12 with advance tickets.
MENTIONED IN THIS ARTICLE
City Parks and Recreation Dept
Eddie Howard
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Pension Fund Burden Ressing Corps Corporations
Correctional Services
Joseph Vitek
Beatrice State Developmental Center
Ann Landers
Lincoln
Gody NZ
Nebraska
Portage County
Ravenna
Unl
Creo R
Robert Byrd
Byrd
Europe
U.S
Dillered Board