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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Dec 18, 1986
Page
6
AT&T said it will set aside 3.2 billion dollars in Q4 1986 to cover costs of reducing its size and eliminating as many as 27,400 of its 321,000 workers. The plan includes severance pay, streamlining, asset write downs, and depreciation changes, totaling a potential net loss for the quarter.
Frederick police charged William A Freeman Jr 34 with multiple cocaine offenses and Terry Fisher with possession and conspiracy counts after an undercover sale in front of their home at 550 Heatheridge Drive. Freeman held on 85000 bond. Fisher released on 2900 bond. Police say a weeks long covert investigation led to the arrests.
Eugene Hasenfus, pardoned by Nicaragua after two months jailed for smuggling weapons to the Contras, spent his first night of freedom at the U S ambassador’s residence in Guatemala with his wife Sally. They planned to fly to Miami then Marinette Wisconsin. Senator Christopher Dodd arranged and discussed Hasenfus’ release, denying a quid pro quo.
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