Fed rate outlook shifts as economists eye planned hikes
From 1A the Fed faces further moves after three rate hikes last year. Economists, including David Jones of Aubrey G. & Co and Richard Yamarone of Argus Research, expect another rise at the March 21 meeting and possibly May 16. A seventh lift could occur at the June 28 session if the economy remains strong.
MENTIONED IN THIS ARTICLE
Fed
David Jones
Aubrey G. & Co
New York
Argus Research Corp
West Texas Air Force training route and alternatives debate
Training 178 starts southwest of Van Horn and passes near Marfa and Marathon then curls east of Fort Stockton into New Mexico. The Air Force conducts 1 560 flights in the route, averaging six daily. Alternative B is a compromise among the Air Force landowners politicians and conservation groups. Representative Henry Bonilla praised listening to West Texas residents. Final choice rests with Lt Gen Marvin R Esmond after a 30 day environmental waiting period, with other options A C and D on the table though C and D are unlikely due to aviation routes. Flights operate from Dyess AFB Abilene and Barksdale AFB Louisiana, extending to Montana Utah and New Mexico.
MENTIONED IN THIS ARTICLE
van Horn
Big Bend National Park
Marfa
Marathon
Fort Stockton
Pecos
New Mexico
Air Force
U.S
Henry Bonilla
Texas
West Texas
Bonilla
Kerr
Marvin R. Esmond
Air and Space Operations
Esmond
RBTI
Dyess Air Force Base
Abilene
Barksdale Air Force Base
Bosier City
Montana
Utah
Search for cockpit voice recorders in Alaska Flight 261 crash
NTSB spokesman Terry Williams confirms the cockpit recorder was found as the search continues for the flight data recorder. The Alaska Airlines flight plunged into the Pacific near Mexico after a jammed stabilizer, killing 88 aboard on a trip from Puerto Vallarta to San Francisco and Seattle. Investigators look into stabilizer issues while pilots communicated with a Seattle crew. Coast Guard and Navy abandon survivor search to recover wreckage and recorders. Wreckage lies about 700 feet down. divers cannot reach below 300 feet, three unmanned vehicles aid the search.
MENTIONED IN THIS ARTICLE
National Transportation Safety Board
Terry Williams
Alaska Flight 261
Pacific
San Francisco
Seattle
Puerto Vallarta
Mexico
Coast Guard
Navy
Armstrong Birthday Contested As Lincoln Center Plans Tribute
Jazz at Lincoln Center marks Louis Armstrong with a yearlong celebration starting July 4 noting his disputed birth date. Wynton Marsalis cites Armstrong as virtuoso, blues pioneer, and international envoy as trumpeters worldwide honor his legacy.
MENTIONED IN THIS ARTICLE
New York
Jazz At Lincoln Center
Armstrong
Jazz At
Lincoln Center
Latchmo
Louis Armstrong
Wynton Marsalis
FTC Moves To Block BP Amoco Arco Alaska Merger
The FTC seeks a court injunction in San Francisco to stop BP Amoco and Arco from closing their Alaska oil merger, arguing it would dominate about 55 percent of North Slope production and raise antitrust concerns. BP Amoco disputes claims of market control and cites $1 billion in global savings. The vote to seek the injunction passed 3 2.
MENTIONED IN THIS ARTICLE
BP Amoco
Los Angeles
Alaska
Parker
FTC
Supreme Court
Victor Goldberg
Columbia University
Standard Oil
Standard Oil Holding Company
Goldberg
Robert Pitofsky
Mozelle Thompson
Sheila Anthony
Orson Swindle
Thomas Leary
Funding rider ruling hits UT system and UTPB funding
Lawmakers and state offices probe how a flawed rider lacking a statement of need could affect university funding including UTPB and possibly Sul Ross. Officials from the Comptroller AG and House Appropriations weigh options while Craddick and others debate scope and constitutional risk.
MENTIONED IN THIS ARTICLE
University of Texas
Permian Basin
State Comptroller’s Office
Attorney General’s Office
House Speaker’s Office
House Appropriations Committee
Mark Langford
Texas House
Pete Laney
Langford
Katie Stavinoha
Comptroller’s Office
Stavinoha
Attorney General's
Andrea Horton
West
Sul Ross State University
Appropriations Committee
Rep
Pete Gallego
D-Alpine
Texas A&m Systems
Gallego
Sul Ross
Craddick
Craddick Cries Battle Over UTPB Funding Ride
West accuses Craddick of bitterness and revenge over an appropriation rider for UTPB and pediatric residency space. Craddick defends seeking the attorney general’s opinion to uphold the constitution and aid West Texas hospital needs while denying district harm. The dispute touches hospital beds, state dollars, and political maneuvering in Midland Odessa and beyond.
MENTIONED IN THIS ARTICLE
University of Texas
Permian Basin
Buddy
West
UTPB
Gallego
Odessa American
Craddick
Texas
Midland Memorial Hospital and Medical Center
Garnett Coleman
Houston
Presidential Museum
Coleman
Midland Memorial Hospital
Texas Tech Health Sciences Center
Cornyn
Presidential
Appropriations Committee
Conference Committee
Rob Juwell
D-San Angelo
John Cornyn
Midland-Odessa
Te Tech University Health
Midland
Odessa
Odessa Medical Center
Attorney General
House
Pete Laney
Mark Langford
Andrea Horton
Harris County
West Texas
Tom
Lotto Texas Jackpot Draw Fails To Tie 6 Of 6
No ticket matched all six numbers in Wednesday's Lotto Texas drawing held in Austin. The estimated jackpot for the next drawing on Saturday rises to about 14 million dollars after the 10 million dollar Wednesday prize.
MENTIONED IN THIS ARTICLE
Austin
Moon as space gear and odd presidential trivia
In a playful mix, the moon is described as stabilizing Earth like a kite tail. A trivia note asks which candidate ran for president on the Surprise Party ticket, with Gracie Allen cited for 1940. The piece also mentions Edison keeping about 5,000 birds and provides contact info for L. M. Boyd.
MENTIONED IN THIS ARTICLE
Earth
Wee Q
U.S
A. Comedienne
Gracie Allen
Correction to Blotter on burglary and organized crime charges
The Odessa American reports a correction stating Richard Jacob Taylor, 18, 3939 Tanglewood Lane, did not get arrested or charged. The blotter should have noted a bond violation related to burglary of a habitation and engaging in organized criminal activity, per updated Ector County records.
MENTIONED IN THIS ARTICLE
Ector County
Also Mentioned on This Page
Holly Meets
Femmes
Milwaukee
Buddy Holly
Violent Femmes
Howard
Holly
DeLorenzo
Mr. Holly
Selel
L. M. Boyd
Doe
Thomas A. Edison
L.M. Boyd
Sayhello
Odessa Merican
Readers
Bill Salter
Tammye Mineo
Bill Mills
Frances Irvine
News
Ste
Hurch News
Imo
I i
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