Saudi Aramco takeover talks intensify at Bay Point
Four U.S. partners Exxon Texaco Standard Oil of California and Mobil near a final Saudi takeover of Aramco as negotiations with Saudi oil minister Yamani run amid tight security at Bay Point resort near Panama City Florida. Talks may last four days with a possible signing and continued access to Saudi oil for the four firms.
MENTIONED IN THIS ARTICLE
Panama City
Fla
UPI
U.S
Arabian American Oil Co
Saudi Arabia
Exxon
Texaco
Standard Oil
California
Mobil
Shiekh Ahmed Yamani
Aramco
New York
Organization of Petroleum Exporting Countries
Bay Point
Gulf of Mexico
Yamani
OPEC
Vienna
Tyndall Air Force Base
Soliah Seeks Transcript On Hearst Ties In Bank Robbery Trial
Steven Soliah, a 27 year old housepainter linked to the Carmichael bank robbery, hopes to testify about his connection with Patricia Hearst to illuminate her escape year. He shared a San Francisco apartment with Hearst at the time of her capture and faces possible life imprisonment if convicted. His lawyers have not decided if he will take the stand, while Hearst continues to invoke the Fifth Amendment in related questions.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
UPI
Steven Soliah
Patricia Hearst
Miss Hearst
Soliah
Sheldon Otis
Stephan Imhoff
Otis
Brown targets revival of dying Agricultural Labor Board
In Sacramento Gov. Edmund G. Brown Jr prepares another push to revive the Agricultural Labor Relations Board amid a high stakes political showdown. Rural Democrats lean with Republicans on funding changes while labor pressure builds. key committee votes loom as Brown seeks a pending appointment to the board and a potential shift in the legislative fight.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Edmund G. Brown Jr
Agricultural Labor Relations Board
Assembly
Brown
Browns
Alliance
Organized Labor
Board
State Supreme Court
Labor Relations Committee
Bill Lockyer
D-San Leandro
Robert Nimmo
San Francisco
Postal Service warned of costly cuts to save it
Postmaster General Benjamin Bailar warned the Postal Service faces a vicious economic spiral unless the public accepts mail service cuts. He outlined four steps leading to disaster: rising costs, demand for traditional service, higher costs on fewer mailers, and mailers turning to cheaper options. If unchanged, first class stamps could become a luxury item.
MENTIONED IN THIS ARTICLE
Washington
UPI
Benjamin Bailar
Bailar
Fragmented Senate and House Debates On Job Creation Plans
Congress debates multiple independent job programs across three Senate committees and several House panels. Proposals range from a revived 6.2 billion public works bill vetoed by Ford to smaller measures tied to unemployment levels and private construction, with the administration backing some options and opposition from AFL CIO and city lobbyists.
MENTIONED IN THIS ARTICLE
Senate
House
Senate Public Works Committee
Ford
Senate Banking Committee
Aflcio
Senate Labor Committee
Congressional Budget Office
Congress
Initiatives lacking on bribe issue
Washington reports little federal action on corporate bribery despite Ford urging tougher action. SEC and Watergate special prosecutor lead any moves, with 50+ firms charged or in discussions. others like IRS DOC, FTC, CAB review ongoing but inactive.
MENTIONED IN THIS ARTICLE
Washington
SEC
Exxon
Gulf
Justice Department
Internal Revenue Service
Civil Aeronautics Board
Federal Trade Commission
Watergate
IRS
Donald Alexander
House International Affairs
UPI
FTC
CAB
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