Wall Street Feels Effects of Prime Rise
The prime rate was raised to 11 percent from 10.5 percent by U S banks for favored corporate borrowers. The move sent bond prices down and the dollar to record highs abroad before easing in U S trade. Economists warn higher rates could slow the recovery while officials hope the trend ends by year’s end.
MENTIONED IN THIS ARTICLE
Associated Press
Wall Street
Europe
U.S
Thomas Thomson
Crocker National Bank
San Francisco
White House
Larry Speakes
George Salem
A.G. Becker Paribas Inc
Anchorwoman Triumph Sparks TV Industry Panic
Christine Craft receives a 500000 jury award after alleging demotion for age looks and sex. TV executives voice concern that the verdict labels journalism standards as secondary and could force liability driven changes across networks.
MENTIONED IN THIS ARTICLE
Associated Press
Christine Craft
Kansas City
Bravo
Ms. Craft
Carol Martin
Wcbs-Tv
New York City
ABC News
Roone Arledge
Craft
Arledge
Reuven Frank
NBC News
Jersey City Train Station Ceiling Collapse Investigated
Officials pledged to examine all angles after a 50-ton ceiling at Journal Square Transportation Center collapsed during repairs killing two and injuring eight. PATH general manager Francis Gorman noted known problems and potential impact of worker weight on the fall.
MENTIONED IN THIS ARTICLE
Jersey City
N.J
Port Authority
Francis Gorman
PATH
Journal Square Transportation Center
Lucille Crook
Gorman
New York
New Jersey
Reagan says AWACS to aid Chad crisis operations
The United States dispatched two AWACS planes eight F-15 escorts and 550 support personnel plus an RC-135 to monitor fighting in Chad with potential use in coordinating French air counter moves. Officials noted the planes may play a role if Libyan support persists and if France decides to deploy, with impatience voiced at French hesitancy.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Chad
Libya
Congress
Pentagon
United States
AWACS
Sudan
U.S
Summer heat drives U S air conditioning costs higher
Washington AP reports a 22 percent rise in July AC bills as a heat wave from the Rocky Mountains to the East Coast drives up usage. NOAA notes Americans spent about 377 million more than normal and total July AC costs reached roughly 2.055 billion, with year to date at 5.17 billion.
MENTIONED IN THIS ARTICLE
Washington
Rocky Mountains
National Oceanic and Atmospheric Administration
Rocky Mountain
Atlantic Coast
Weather Agency
Also Mentioned on This Page
Permian Basin
Gold & Silver Exchange
University
Town & Country
Association of
F. Javier del Castillo, M.D
The
Department of
Big Spring
John Hughes
State Department
Dan River
Comforters
MasterCard
Ves
Andrews Hwy
E. Eighth
Isiwetters
NTN
Quart
Wolfe
Odessa
Midland
Northland Cntr. Sch
Ave. A
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