Midyear forecast says growth may slow in second half of 78
AP reports economists at midyear cut 1978 growth outlook. Chase Econometric’s Michael Evans warns second half looks weaker, while Merrill Lynch flags possible slowdown or recession for early 1979. A Bureau of National Research and ASA survey shows rising recession odds to about 25 percent over next 12 months. Other notes cover inflation trends, a shrinking May trade deficit, Senate actions, and corporate deals in food, energy, and beverages.
MENTIONED IN THIS ARTICLE
New York
Capes
Michael Evans
Chase Econometric Associates
Merrill Lynch Econometics
Bureau of National Research and American Statistical Association
U.S
Senate
New York City
Britain
Carter
Arlington Lawyer Allegedly Flees to Greece to Dodge Prosecution
Fairfax County lawyer Spiros Anthony may have left the United States to escape charges after allegedly writing a bad check for 40500 to a client. Arlington investigators and FBI say he possibly fled to Greece and face extradition questions. The probe links similar alleged fraud to a Washington area bank foreign currency manipulation case.
MENTIONED IN THIS ARTICLE
Arlington, Va
Fairfax County
Spiros
Anthony
United States
Arlington
Arlington Prosecutors
Arlington Police
William Allen
Greece
Washington Area
FBI
Children kept in pen claim sparks welfare action
Bowie County welfare officials and sheriff deputies removed three of James Williston's children after a neighbor reported the kids were naked and confined in a chicken wire pen behind his home. Williston, a Choctaw man, defended the setup, saying the children were cared for and not harmed, while doctors later said the children were in reasonably good health and would be evaluated before a July 14 court hearing. The incident prompted a hospital check and a foster-home placement order pending further action.
MENTIONED IN THIS ARTICLE
Hooks
Texas
James
Williston
Idabel
Oklahoma
Bowie County
Earl Sabo
Sabo
Texarkana
Wilston
Florence Kay
Andy
Dorothy
Bun L Hutchinson
Bell faces contempt over FBI informants release
Washington AP report says Attorney General Bell refuses to obey a federal court order to reveal 18 FBI informants. Judge Griesa warned of civil contempt if not complied by Friday. Bell and aides anticipate an appeals court review, while no jail decision is yet final.
MENTIONED IN THIS ARTICLE
U.S
Griffin Bell
Atlanta
Hartefield International
Bell
New York
Socialist Workers Party
FBI
Washington
Griffins
Asmee
Terrence Adamson
Jestiee
Georgia
Thomas P. Griesa
Griesa
Socialist Workers
Young Socialists Alliance
Beil
Adsmae
Grieen
Socialist Workers Muit
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Kristin Goff
AP Businses
Congress
Federal Housing Authority and Veterans Administration
Pet Inc
St Louis
IC Industries Inc
Petty Canada
Husky Oil Ltd
Alberta Gas Trunk Line Co
Canada
Alberta Gas
Occidental Petroleum Corp. v
Los Angeles
Husky
Federal Trade Commission
Beatrice Foods Co
Tropicana Products Inc
Health Department
Akron
General Tire & Rubber Company
F. O'Neil
M. GC. O'Neil
Aerojet-General
RKO General
Bettys
LOWES
Frederick
Bonty
Bas Brill Pre
Swinger
Wikachi Podesta Ta
Cedar
Biaman Rghug
Fr. Redwood
Tarf
Seilite
Limestone
Scotts Yogotabhe Carden Fertilizer Nee Oyse
Fantastic Savings
Scotts Shady Area
Old Washington Rd
Wee
Olympic