Higher interest on small deposits eyed with new savings options
Americans may earn more on small deposits as two new instruments roll out. A 22 year high interest savings certificate tied to 2 year Treasuries and the Series EE Energy Bond offer bonuses for hold to maturity. Banks, savings and loan associations, and credit unions can issue these, with minimums set by institutions.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Savings and Loan Associations
Treasury Department
Savings and Loan
Adam Wade
U.S. League of Savings Associations
Treasury
Cited NAS report warns CFCs threaten ozone despite ban
A National Academy of Sciences study warns chlorofluorocarbons remain a serious ozone threat as nonpropellant uses rise in refrigerants and foam, potentially wiping out aerosol gains within 7 to 10 years. If unaddressed, ozone depletion could reach 16.5 percent with thousands of skin cancer deaths. The panel urges global action to ban nonessential CFC uses, following U.S. and Swedish precedents.
MENTIONED IN THIS ARTICLE
Washington
National Academy of Sciences
U.S
Academy
National Research Council
U.S. Environmental Protection
Earth
United States
John W. Tukey
Bell Laboratories
Princeton University
Soviets Boost U S Grain Purchases in 1979 80
The Soviet Union has bought nearly 1 million metric tons more U S grain, raising total orders for 1979 80 to about 15.8 million metric tons. The latest sales include 790 000 metric tons of wheat and 150 000 of corn for delivery through Sept 30.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
U.S
Agriculture Department
United States
Russia
Full speed ahead for the Sunset Limited
U.S. District Judge Garrett Penn issued a temporary order expiring Feb. 5 after Amtrak sued Southern Pacific alleging federal law requires inter city passenger trains to have priority over freight unless in emergencies. Amtrak cites repeated late arrivals on the Los Angeles to New Orleans Sunset Limited, especially on the New Orleans Houston leg, while SP cites track work and modernization slowing operations. The order requires reporting of delays over 10 minutes on the affected section with a Feb. 54 hearing set for a preliminary injunction. Amtrak President Alan Boyd calls it a strong first step toward improved performance. Southern Pacific says overall on time performance is good.
MENTIONED IN THIS ARTICLE
New Orleans
Houston
U.S
Garrett Penn
Amtrak
Southern Pacific
Los Angeles
Texas
Penn
Alan Boyd
Also Mentioned on This Page
Odessa American
East 4Th Street
Odessa
Ector County
N. Grant
42Nd & Grandview
Winwood Mall
Misses & Jrs
Lin
Broadmoor Center
Icauning
W.T
Quasar
Kirby Appliance
NY Vevelers
Paul Agnew
Paul
Mark Agnew
Gent's
Iheart
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