World stock markets plunge on US stock fears
Global markets dive after a powerful banker hints US equities are too high. Dow Jones drops about 145 points in first half hour, closing near 6381.94 as losses ease. Paris London and Frankfurt also slide amid selling. Investors like Michael Unger see long term bargains while awaiting further signals from policy and earnings.
MENTIONED IN THIS ARTICLE
New York
Street
Federal Reserve
Dow
Michael Unger
Fidelity Investments
New York Stock Exchange
IBM
London
Paris
Frankfurt
Wall Street
U.S
Flying Nightmare Medal Honors Midland Veteran
James P. Merriman, a former Texas Tech student and Marine lieutenant, received the Distinguished Flying Cross for his World War II service with VMB 413 aboard B-25s in the Solomon Islands. The ceremony, organized by the Confederate Air Force and the Marines, honored missions flown in 1944 and later, and Merriman is believed to be the last group member to receive the DFC. He previously worked as a civil engineer for Humble Oil and Refining Co. and called the award very nice.
MENTIONED IN THIS ARTICLE
Odessa
Mark Sterke
James Merriman
Midland
Merriman
VMB 413
James P. Merriman
Lubbock
Pearl Harbor
United States
Texas Tech University
Confederate Air Force
Marines
Solomon Islands
Humble Oil and Refinery Co
Exxon
Pearl Harbor Day Recalled by Odessan Marine
Odessan Charlie Ross, a Marine private first class, recounts viewing the Pearl Harbor attack on December 7, 1941. He describes dawn flags, rising suns on planes, and the surprise assault that sank ships, damaged many vessels, and killed about 3,000 service members.
MENTIONED IN THIS ARTICLE
Odessa
Matt Sterke
Charlie Ross
Ross
Pearl Harbor Naval Base
Honolulu
China
Seatietaneaiee
United States
Officials urge Texas utility and railroad merger plan
A Texas lawmaker and two commission members call for merging the Texas Railroad Commission and the Texas Public Utility Commission to reflect industry changes. They note regulatory structure lags behind electric gas utility consolidations, while industry figures split on the idea with some opposing change and others seeing potential benefits.
MENTIONED IN THIS ARTICLE
Austin
Texas
Railroad
Hye
Celeste Ee
Matthews
Texas Railroad Commission
Texas Public Utility Commission
Empty Stocking Fund aids Odessa families this Christmas
The Salvation Army and the Odessa American urge donations to the Empty Christmas Fund to help a Houston family and other low income residents in Odessa with gifts and food. The campaign aims for $30,000, having reached $6,470 with $3,000 matching and a $5,000 pledge from an anonymous local donor, with daily contributor lists and a December 20 deadline.
MENTIONED IN THIS ARTICLE
Salvation Army
Odessa American
Odessa
Thousands of law officers may violate new federal DV law
The Associated Press reports that thousands of police and military personnel could violate a federal domestic violence law enacted Sept. 30. The statute bans firearm use by those convicted of domestic violence misdemeanors, with penalties up to 10 years in prison and a $250,000 fine. Despite broad coverage, many agencies remain unaware of the law amid outreach to law enforcement.
MENTIONED IN THIS ARTICLE
FBI
Treasury
Secret Service
U.S
Associated Press
John
Federal Bureau of Tobacco
Also Mentioned on This Page
Alan Greenspan
Pearl Harbor Day
Pacific
Flying Nightmare
Odessan
Trio
West Texas
Wayne Hughes
Panhandle
Amarillo
Harry Spannaus
Parker & Eee Im Midland
O.A
Sonya Mmen
The
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