Outlook for 1987 sees slow growth and lower rates
Analysts expect moderate 1987 growth with unemployment edging down and rates continuing to ease early in the year. Inflation may rebound to pre-oil decline levels as tax overhaul effects dampen the economy, with business investment hit by reduced tax breaks. Separately, mystery writer John D. MacDonald dies at 70 in Milwaukee after heart bypass surgery. James George Scripps of Pioneer Newspapers dies at 75 in Encinitas after a heart attack.
MENTIONED IN THIS ARTICLE
Washington
Milwaukee
John D. MacDonald
Travis McGee
MacDonald
Sarasota
Fla
St. Mary’s Hospital
McGee
United States
Claire Ferraro
Ballentine- del Ray-Fawcett Books
Families settle Challenger suit
The Justice Department announced confidential out of court settlements with the families of Christa McAuliffe and three other Challenger astronauts who died in the January shuttle disaster. Morton Thiokol will contribute substantially to the payments. Also reported, four people were killed and a man wounded in an apparent home robbery in San Diego as investigators assess the crime scene.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Christa McAuliffe
Department
Francis R. Scobee
Ellison S. Onizuka
Gregory B. Jarvis
Morton Thiokol, Inc
Pilot Burned Saving Passenger In Mountain Crash
TEHACHAPI Calif AP The pilot John Howerton 34 was in serious condition with first and second degree burns after attempting to rescue a passenger from a mountainside crash He hiked five miles before being found by hunters A sheriff's search team climbed 600 feet over logs and ice to reach the wreckage where they found the unidentified passenger dead
MENTIONED IN THIS ARTICLE
Tehachapi
Calif
John Howerton
Antelope Valley Medical Center
June Egemo
Carl Sparks
President Reagan rejects homeless meeting at Century Plaza
A group of about a dozen homeless people gathered outside Los Angeles City Hall area and Century Plaza Hotel seeking a meeting with President Reagan. Police turned them away after they attempted to lawfully request an audience. Chilton M. Alphonse, head of the Community Youth Sports and Arts Foundation, said Reagan was aware of the protesters.
MENTIONED IN THIS ARTICLE
Los Angeles
Reagan
Century Plaza Hotel
Chilton M. Alphonse
of Community Youth Sports and Arts Foundation
Alphonse
Also Mentioned on This Page
Maynard MacDonald
Florida
SAN Diego
Mexico
Bill Robinson
Sale
Reg. Price
Manila
Virco
Ampad
Natu City
N. Texas
Monthru
Kik
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!