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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 08, 1995
Page
1
Report notes a device or method that speeds up bread making by using yeast dough for convenient home baking. It highlights effortless preparation and hands off operation, appealing to busy households seeking fresh bread with minimal effort.
The dollar’s decline to postwar lows raises fears of higher inflation as economists warn prices for gasoline and imported cars could edge up. While the effect is expected to be small, pundits note broader concerns about trade and fiscal policy fueling the dollar slump. Saudi Arabia’s oil price to the United States also rises, signaling potential gasoline price increases.
Two congressmen accused major cereal makers of controlling 85 percent of sales and called for a Justice Department antitrust probe over rising box prices. They cited Raisin Bran at 4.49, Frosted Flakes 4.69, Rice Krispies 4.25, and Cheerios 3.59, while industry groups argued bowls cost 25 to 30 cents with inflation in check.
A Texas House bill by Rep. Curtis Seidlits would rewrite telecommunications law to allow competition with local phone firms and permit new technologies. It creates a certificate of operating authority, separates services into basic, discretionary, and competitive baskets, and offers incentive regulation tied to cost reductions and fiber optic commitments to schools libraries and hospitals.
Washington AP report says a U.S. oil company's $1 billion Iran deal drew White House opposition as not helpful. Senator Alfonso D'Amato vows hearings on tighter embargo while Treasury/Commerce push to ban such transactions, amid claims the current policy allows ongoing Iranian oil imports via subsidiaries.
House Speaker Newt Gingrich condemned school programs that portray homosexuality positively. He singled out materials like Heather Has Two Mommies and warned against active homosexual counselors in junior and senior high schools. He argued such content promotes a lifestyle and recruits youth.
A Guatemalan man is jailed on felony counts of aggravated robbery kidnapping and burglary for a Kent Kwik hold up in Midland County. DNA tests linked to semen samples did not match. More samples will be sent to Lubbock for further testing before any rape charges can be filed. The victim and two clerks were involved, and the suspect fled to Martin County after detaining a clerk at gunpoint.
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