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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 22, 1981
Page
1
Special Today notes that fixed monthly mortgages are harder to find as loans with adjustable rates and flexible payments rise. Buyers may pay thousands more than expected or could pay less, with details on Page 1C.
A compact guide highlights crosswords and feature columns on the page, noting comics idle entries and Dear Abby as part of the layout. Energy, entertainment, and financial sections are positioned with doctor’s notes and editorials arranged for reader ease.
Nationwide air traffic controllers walkout was averted after all night talks produced a tentative contract two hours before the strike. Midland Odessa airport officials estimated potential flight cuts could have reached 50 percent reflecting the disruption feared nationwide.
Wayne B Williams, a 23 year old freelance photographer, was arrested on one count of criminal homicide for the death of Nathaniel Cater, 27, whose body was found in the Chattahoochee River. Lab tests linked fibers from Cater to Williams home, prompting the charging decision after days of investigation.
The Supreme Court upheld a ruling forcing former President Nixon and two aides to pay damages for illegally spying on U.S. citizens. The decision, affirmed 4 to 4, sends the case back to a federal court for further action by Morton Halperin and family, with no ruling yet on presidential personal liability.
The Postal Service faces annual losses up to 500 million dollars and considers raising the first class letter rate to 20 cents without Postal Rate Commission approval. A unilateral move could trigger lawsuits, as the commission previously rejected such a rise and the board would need unanimous consent to enact a rate change.
Energy Action reports top 16 oil companies spent more on buying rivals and non petroleum assets than on finding new oil in 1979 1980. It claims 37 percent of cash went to acquisitions while exploration received 18 percent and abroad development 10 percent. API counters with drilling at high levels and coal solar investments omitted.
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