Dow ends week at three-month low amid war jitters
Wall Street fell to its lowest level in three months as war anxieties and a downgrade of American International Group spurred selling. The Dow Jones Industrial Average dropped 238.46 points amid anticipation of a U N arms report and Bush's State of the Union address, with traders noting market indecision and risk-off mood.
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New York
Wall Street
American International Group
U.N
Iraq
Bush
Larry Wachtel
Prudential Securities
New York Stock Exchange
New York City
Dow
Odessa area near full employment as jobless rate falls
The Odessa Midland Metropolitan Statistical Area saw December unemployment drop to 5.1 percent from 6 percent in November as retailers added staff for the holidays and development efforts boosted the job market. Oil and gas reported no losses, construction lost 200 jobs, and the Permian Basin board measured 5.4 percent. Local officials noted continued improvement though some cautioned over broader trends.
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Odessa-Midland
Willie Taylor
Texas Workforce Commission
Midland
Taylor
Permian Basin Workforce Development Board
Ward
Sam Massey
New RRC appoints Tony Garza to Texas Rail Road Commission
Tony Garza joins the Texas Rail Road Commission after vacating a prior seat to serve as U.S. ambassador for the industry. The appointee, Carrillo, Texas judge and former Abilene City Council member with geology degrees from Baylor and Hardin-Simmons, aims to run statewide in 2004 for a full six-year term.
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Victor Carrillo
Abilene
Rick Perry
Texas Railroad Commission
Carrillo
Midland
TRRC
Tony Garza
U.S
Mexico
Texas Senate
Baylor University
Waco
Hardin: Simmons University
First Hispanic on City Council dies at 74
Odessa honors Ernest Martinez 74 former city council member who died at home. Elected in 1968, he served through 1972 and helped diversify Odessa politics. Former mayor Dan Hemphill recalled Martinez guiding him into public life and fostering cross community ties.
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Odessa
Ernest Martinez
Dan Hemphill
Hemphill
Martinez
Perry designates insurance issues as an emergency
In Austin the governor designates insurance issues as an emergency advancing session focus. The designation lets lawmakers consider substantive state law changes while committees have yet to be assigned and Senate panels have not met. Perry pledged broader Insurance Commissioner powers after a 2002 campaign.
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Perry
Odessan Prisoner Of War Shares Escape Tale At Conference
An Odessa area ex prisoner of war recalls a mid winter conference incident in Hungary. At about 10 am on August 22, a bailout led to a plane explosion after the radio operator’s parachute failed. Barker Lee described the escape and its aftermath.
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Hungary
Barker
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The
Garza
U.S. Ambassa
Eros Nee
Oss
Ernie Crawford
Lee Martinez
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Cindera Nealy
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