Global market slide as investors fear Fed rate hikes
On August 31 1998 markets fell amid profit taking after a year end rally and Y2K concerns fading. Investors expect higher rates at the February meeting with some selling tied to stock gains taxable in 2001. Britain’s FTSE dropped 3.8 percent, its biggest daily point fall.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Clinton
Alan Greenspan
Federal Reserve System
Richard E. Cripps
Legg Mason
Baltimore
United States
Britain
London Stock Exchange
London
Greenspan renomination in doubt after Clinton signs deal
Clinton announces Greenspan renomination for a fourth term during an Oval Office ceremony. Analysts blame a market drop on fear of further rate rises, despite Clinton praising Greenspan's leadership and strong economy. Greenspan recalls a long tenure and jokes about statistics.
MENTIONED IN THIS ARTICLE
Fed
Greenspan
Clinton
Oval Office
U.S
Senate
Texas
George Bush
Trent Lott
Rmiss
Senate Banking Committee
Phil Gramm
Reagan
Paul Volcker
Volcker
Wall Street
Montana starts new sports magazine In the Red Zone
Atherton California. Joe Montana launches Go Deep Inc to publish In the Red Zone a monthly sports magazine. It profiles NFL figures Charles Haley Bill Parcells and Mike Ditka plans ten issues a year and faces competition from Sports Illustrated The Sporting News and ESPN the Magazine.
MENTIONED IN THIS ARTICLE
Atherton
Calif
Joe Montana
NFL
Charles Haley
49Ers
Jets
Bill Parcells
Saints
Mike Ditka
San Francisco Examiner
Montana
Go Deep Inc
Sports Illustrated
The
Sporting News
ESPN
Odessa Rodeo Boosts Local Economy and Businesses
Odessa Chamber of Commerce president Mike George says the 10 day rodeo draws about 40 000 spectators and 1000 participants with total new dollars around 1 500 000. Local restaurants gas stations and shops report increased business during the event with Taco Villa Denny s Dumplin s and Phillips Texaco noting higher crowds and extra staff during rodeo nights.
MENTIONED IN THIS ARTICLE
Mike George
Odessa Chamber of Commerce
George
Odessa
Ector County Coliseum
Debra Unger
Phillips Texaco
E. 42Nd St
Angela Gomez
Taco Villa
Sue Wilson
Dumplin’s Home Cooking
W. 42Nd St
Bush Dole push intensifies as New Hampshire primary nears
In a heated exchange Bush touts a larger tax cut plan aimed at families of four earning 50000, while McCain counters with a broader, more targeted approach. Dole backs Reagan era conservatism and supports Bush, as Grassley endorses in Iowa amid a fierce primary contest.
MENTIONED IN THIS ARTICLE
Las Vegas
McGuire Sisters
New York City
Phyllis McGuire
Dorothy
Christine
Carnegie Hall
Associated Press
Kate Smith
McGuire
Dole
Reagan
California
Bush
McCain
New Hampshire
Texas
Gore
Sen
Congress
America
Ari Fleischer
Hampsiire
Iowa
Steve Forbes
Elizabeth Dole
Clinton
Red Cross
Elizabeth
Ronald Reagan
Sue Ritze
Bedford
Des Moines
Davenport
Charles Grassley
Midland area hospitals near capacity as beds fill quickly
Memorial Hospital and Medical Center Midland reports beds available and accepts transfers from other facilities. Odessa Regional Hospital remains near capacity with ICU and pediatrics full, yet some beds free in other wards. MCH also near full but still discharges allowed and no surgeries canceled.
MENTIONED IN THIS ARTICLE
Garrett
MCH
Odessa Regional Hospital
Gore
ORH
Memorial Hospital & Medical Center
Midland
Karen Washington
MHMC
Midland Memorial
Washington
King accident driver pleads guilty to driving to endanger
Bryan Smith pleaded guilty to driving to endanger in the Stephen King hit case. Aggravated assault was dropped. Smith’s license suspension extends to a year and he received a suspended six month sentence. King, 52, required multiple operations for leg, hip, rib, lung and skull injuries from the June 19 crash at Lowell, Maine.
MENTIONED IN THIS ARTICLE
Darabont
Los Feliz
Paris
Maine
Stephen King
Bryan Smith
Smith
King
Lowell
County and country club clash over 1984 contract terms
County Judge Gary Gaston says the 1984 contract was a 12 month deal ending in 1985 with no recorded extension, while former county judge G C Black cites language implying extension until rescinded. Both sides agree a new contract is needed and a Thursday meeting is planned. The club has paid about $3,000 per month since 1984 and is behind on payments as auditor Noble flagged issues during a system change.
MENTIONED IN THIS ARTICLE
Gary Gaston
Gaston
Country Club
Andrews Municipal
G.C. Black
Cullins
Rodney Noble
Collins
Texas Lottery Winning Numbers Cash S
Texas Lottery results show Cash five numbers 36 34 26 37 10 drawn on Tuesday January 4 with Pick 3 4 13.
Informed Source: Odd Facts and Questions From 1920s Era Q&A
A compilation of quirky notes on materials, animal hearing, mating perceptions, etymology, Dry Tortugas history, January weather patterns, and binocular vision. Includes a reader’s question on predator perception and contact details for L. M. Boyd.
Readers' Guide Advertisement Policy Note
The Odessa American states it may accept or reject any advertisement and disclaims liability for errors omissions or failure to publish any ad. It also notes it will not be responsible for representations of fact in ads. The notice provides contact numbers for out of town and a web address www.oapa.com.
MENTIONED IN THIS ARTICLE
Oapa.com
Odessa
Also Mentioned on This Page
Montana Magazine
Moreau
Berlin
Jeanne Moreau
Francois Truffaut
Jim
Orson Welles
Tony Richardson
Jean Genet
New York
Green Mile
Frank Darabont
Premiere
Ciara Hall
Dona Ana
Texas Lottery
L. M. Boyd
Key West
Ponce de Leonso
L.M. Boyd
Seattle
Readers
Bill Salter
Gary Newsom
Tammye Mineo
Tyler Patton
Bill Mills
Frances Irvine
Champs
Odessa American
Gapranenien
Gemined Wiberk Maaan Eeeene
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!