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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jul 01, 2004
Page
1
Assistant Superintendent Wendell Sollis says Roy Benavides has not resigned amid rumors. Larry Edwards plans retirement on July 30 with vacancy plans under review. Benavides was briefly in town then away on vacation. ECISD officials unavailable for confirmation.
Odessa natives and families gathered at the Permian Basin Patriotic Celebration where Cpl. Daniel Amaya of Odessa was honored with a Bronze Star presented by Marine Capt. Christopher Teague. Amaya died April 11 in Fallujah, Iraq, while his unit cleared a combat street.
The Bronze Star Medal was created by Executive Order on February 4, 1944. It is awarded to any service member in or with the Army Navy Marine Corps Air Force or Coast Guard who, after December 6, 1941, distinguishes himself by heroic or meritorious achievement or service not involving aerial flight.
Midland based Key Energy Services Inc announces closures of its San Antonio Texas and New Hope Pennsylvania offices as part of cost cutting. Company aims to offset restating financial statements and rising employee expenses while auditing fixed assets. no figures on savings or job cuts disclosed.
The Federal Reserve raised interest rates for the first time in four years signaling slower increases ahead. The target federal funds rate moved up a quarter point to 1.25 percent, lifting consumer and business loan benchmarks from 4.00 percent to 4.25 percent. Bond prices rose with the 10 year yield falling to 4.59 percent.
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