05 Feb 1993
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Feb 05, 1993
Page
1
Germany and Japan reduced lending rates Thursday to boost their weakening economies. The move boosted global markets, with U.S. stocks reaching a record high on the news. Economists said lower rates abroad could keep U.S. lending rates down and boost foreign demand for American goods if followed by further cuts.
Congress passes a family leave bill guaranteeing up to 12 weeks of unpaid leave for birth, adoption, or family care. Senate approved 71-27 after defeating an amendment linking the measure to the military's gay ban. House passed 247-152 and President Clinton planned to sign as his first major action.
Dean Sueltenfuss reports on Ector County and former Lubbock school board president Hasie discussing HIV in schools. He argues teachers may need to know which students are infected for safety, while the board plans further discussion with no action yet.
President Clinton has narrowed the AG search to three candidates led by Kimba Wood, a federal judge noted for overseeing Michael Milken fraud trial matters. Officials expect a decision within days as FBI background checks continue, with no announcement tomorrow expected.
The Senate voted 62 to 37 to block a Republican plan to restore the longstanding ban on gays in the military. A nonbinding resolution left Clinton’s changes in place, including suspending the formal discharges, and ordered recruiters to stop asking about sexual orientation. President Clinton had ordered Defense Secretary Aspin to draft an executive order lifting the ban by July 15. Senate leaders urged unity and warned against prejudice as debate continued.
A Fulton County jury found General Motors negligent in the fuel-tank design of a GM pickup, awarding 105.2 million to the parents of a 17 year old killed in a fiery crash. Punitive damages totaled 101 million, far surpassing the family's 100 million request.
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