Leading indicators surge in January signaling growth
The Commerce Department reports the Index of Leading Indicators rose 1.7 percent in January, its largest gain in 20 months, with construction spending up 2 percent and total new construction at 324.9 billion dollars for the seasonally adjusted annual rate. The White House praises the outlook while economists forecast moderate growth around 4 percent this year, not the high pace seen earlier in the recovery.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
White House
Marlin Fitzwater
Louisiana Governor Edwards Indicted on Racketeering and Fraud
New Orleans Louisiana governor Edwin W Edwards was indicted by a federal grand jury on a racketeering charge and 49 counts of mail and wire fraud. The indictment alleges more than two million dollars in profits gained by using political influence to aid associates seeking hospital and nursing home permits. Also named were six others including Edwards brother Marion Falgout Isbell and Mijalis.
MENTIONED IN THIS ARTICLE
New Orleans
Louisiana
Edwin W. Edwards
Edwards
Baton Rouge
U.S
John Volz
Marion
Crowley
Ronald F. Falgout
Louisiana Department of Health and Human Resources
James J. Wyllie Jr
Edwards and Falgout
Charles David Isbell
Isbell
Perry Segura
New Iberia
Bush White clash over farm aid plan in Texas speech
Vice President George Bush and President Ford? No, Bush contends that emergency farm loans are a Band-Aid for farm banks not a cure for rural America. He urged deficit cutting and warned Congress against expanding federal spending to aid farmers. The House and Senate approved bills advancing the aid.
MENTIONED IN THIS ARTICLE
Austin
Congress
America
George Bush
Bush
Texas
United States Congress
U.S. House
Senate
Mob leaders beset by illness as prosecutions advance
New York AP reports health problems hit reputed Mafia top men as prosecutors push their latest bid against organized crime. Philip Rastelli, 67, head of the Bonanno family, fainted briefly in court and was hospitalized after being escorted from the proceedings. Eight co defendants remain hospitalized, with three in critical condition. The defendants face racketeering and extortion counts tied to serving on or aiding the Commission.
MENTIONED IN THIS ARTICLE
New York
U.S
Vincent Broderick
Philip Rastelli
Bonanno Crime Family
Beekman
Rastelli
Pierre N. Leval
Gen
William Co. Westmoreland
CBS
Leval
Panhandle site urged dropped for nuke waste dump
Hereford Texas residents and Frank Ford of Vega urged DOE to remove a nine square mile Deaf Smith County area from consideration for a national high level radioactive waste repository. The hearing reviewed the energy department environmental assessment and warned of widespread public opposition if the process continues.
MENTIONED IN THIS ARTICLE
Hereford
Texas Panhandle
Frank Ford
Vega
Department of Energy
Vietnam
Ford
DOE
Panhandle
Energy Department
Deaf Smith County
Washington
Nevada
Also Mentioned on This Page
Ector County Road and Bridge Department
M.M. Galindo
10Th St
West Loop 338
White
Mexico
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