Economic slowdown predicted by top business economists
Washington AP reports top business economists foresee slower growth in 1989 with higher inflation and rates but no recession. A NABE survey shows modest optimism versus three months ago, Bush faces a probable downturn in early presidency and growth projected at 2.7 percent vs 3.2 percent administration target. Short-term rates may peak at 8.5 percent then ease to 7.8 percent by year end.
MENTIONED IN THIS ARTICLE
Washington
National Association of Business Economists
Bush
Democrats unmoved by promise to swear off alcohol
Washington AP report notes two Senate Democrats undecided on John Tower's defense secretary nomination. Howell Heflin of Alabama says he will review all evidence including the FBI report before voting. John Breaux of Louisiana says he would vote against Tower today if the vote were held.
MENTIONED IN THIS ARTICLE
Washington
John Tower
Senate
Howell Heflin
Alabama
White House
Tower
ABC
Good Morning America
John Breaux
D-La
Breaux
Heflin
FBI
Nomination shakes faith in Senate protection of its own
Washington prompts sweeping doubt after conservative activist Paul Weyrich testifies that former Sen John Tower was drunk in public. His remarks trigger renewed scrutiny and broaden an FBI probe into allegations of a drinking problem and affairs, challenging decades of assumptions about Senate guardianship during confirmation.
MENTIONED IN THIS ARTICLE
Washington
Senate Armed Services Committee
John Tower
Senate
Bush
Paul Weyrich
FBI
Regulator Thornberry resigns from Texas Board of Insurance
David Thornberry quit the Texas State Board of Insurance amid sustained attacks from legislators and media. He said unresolved controversy and unproductive dialogue harmed the agency and public interests, and announced plans to submit his resignation to Governor Bill Clements.
MENTIONED IN THIS ARTICLE
Mittee
Thornberry
Bill Clements
Mark White
Austin
Bush pledges troop support as he pushes for trade in Seoul
President Bush, returning from a five day Asia tour, reaffirmed U S troop commitments to South Korea and urged lower trade barriers amid a fierce U S Senate fight over John Tower s Pentagon nomination. He spoke to the National Assembly and noted 42 000 U S troops remain on duty to deter North Korea while calling for stronger bilateral trade. Security forces faced clashes with radical students around Dongguk University as authorities guarded the visit.
MENTIONED IN THIS ARTICLE
Seoul
South Korea
Bush
John Tower
Pentagon
National Assembly
Air Force One
Washington
U.S
North Korea
Dongguk University
Cargo door latch focus in United 811 crash probe
Federal investigators examine the right forward cargo bay door latches on United Airlines Flight 811 after a fuselage rupture killed nine passengers near Honolulu. Debris found 100 miles southwest. 354 aboard. Pilot Cronin diverted to HNL. No remains or door recovered Sunday.
MENTIONED IN THIS ARTICLE
Honolulu
United Airlines
Coast Guard
Pacific
United
New Zealand
David M. Cronin
Honolulu International
Lee Dickinson
National Transportation Safety Board
Dickinson
Also Mentioned on This Page
Doris Clements
Esmond Drive
East Eighth Street
West Uni
Versity Boulevard
S. Korea
Business
Abby
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