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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 08, 1992
Page
14
The readable portion shows garbled words and missing details, offering no clear event, names, places, or dates. Summary focuses on incomplete data and uncertainty, with no verifiable entities to anchor a concrete news item.
The Dow rose 18.65 to 3,307.33 as more gauges reach records in a buoyant mood about the economy. Advancers outnumbered decliners about 9 to 5 on the NYSE with 220.14 million NYSE shares traded. analysts cite improving business activity and tempered fiscal stimulus plans as supportive factors.
The Clinton adviser outlines a four point program to spur growth, including an investment tax credit for firms hiring new workers. Proposals involve wage credits and phased incentives to increase employment and raise the wage bill, aiming to offset costs with tax revenue from new workers and savings in insurance and equipment.
In Austin AP reports state workers' compensation officials recommended mandatory coverage for all businesses but this stance drew boos from business lobbyists and is unlikely to advance in the current legislative session. Dane Harris of the Texas Association of Business warned it would cost untold thousands of Texas jobs as the Texas Workers' Compensation Commission voted 5-1 to push for universal workers compensation insurance.
NCR and AT&T Smart Cards announced plans to demo a prototype in San Antonio this week enabling voice access to bank accounts at teller machines. Diane Wetherington stated the project aims to use speech to access accounts, with cards containing memory and data capacity.
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