Leading indicators show February economic rebound in early 1980s recovery
The Commerce Department reports the Leading Index rose 1.4 percent in February the sixth monthly gain, with January revised up 3.5 percent. Improvements in money supply, stock prices, building permits, and new business formation support the recovery while declines in work week and orders temper the rise. Two indicators remain unavailable as analysts weigh the pace and length of the rebound amid deficits and potential rate pressures. A separate report notes a small twin engine jet crash near Newark killing two occupants while bank notes were onboard the courier jet.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Merce Department
Newark International Airport
Lebanon rejects Israel security demands for militia control in south
U S envoy Habib to Israel today then US return planned amid Lebanon’s rejection of two main Israeli asks. Lebanon’s leaders say Haddad’s militia would answer to Israel, not Beirut, risking southern command.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
U.S
Philip C. Habib
Tel Aviv
Israel
An-Nahar
Habib
United States
Middle East
Amin Gemayel
Saad Haddad
Haddad
Home Delivery Mail Subscriptions Advertised
The Odessa and American offers daily and Sunday home delivery mail subscriptions priced at $8.100. Subscriptions include second class postage costs. Delivery problems can be reported by calling 337-7314. Calls before 7 p.m. daily and before 10:30 a.m. Sunday.
MENTIONED IN THIS ARTICLE
Odessa American
Fourth Street
Odessa
Texas
P.O
Odessa Area Forecasts Warmth and Sunshine With Isolated Thunder
The Odessa region expects sunny and warmer conditions Thursday with mid-80s highs and southwest winds 10 to 15 mph. Tonight will be fair and mild with upper 40s lows. A weak low-pressure system has weakened across Texas, bringing widespread drizzle fog in parts of the Panhandle and Central to South Texas, while Texas readings ranged from 31 to 70 degrees at 4 am. A brief tornado touched down near Clyde Tuesday night with no damage reported. Extended outlook shows a cooling trend and generally fair weather across West Texas, with varying highs and lows through the weekend.
MENTIONED IN THIS ARTICLE
Odessa
Clyde
Texas
Abilene
Amarillo
McAllen
Brownsville
West Texas
Big Bend
Panhandle
Judge OKs Braniff sale of 20 jets to People Express
U S Bankruptcy Judge John Flowers approved Braniff International's sale of 20 Boeing 727s to People Express for 84 million. Braniff gains creditor relief and 100 former workers to refurbish and service the jets, while Braniff still has 31 planes to sell and must file a final reorganization plan by April 4.
MENTIONED IN THIS ARTICLE
U.S
John Flowers
People Express Airlines
Flowers
Braniff
Howard Putnam
Putnam
People Express
Newark
N.J
London
Reagan unveils new INF strategy at NATO talks in Washington
Reagan announced a new intermediate range nuclear force proposal during a speech to NATO ambassadors in the East Room. The White House said the plan aims to move INF negotiations toward an equal verifiable arms control agreement, with Moscow urged to consider it seriously before rejecting it.
MENTIONED IN THIS ARTICLE
Reagan
Geneva
White House
NATO
East
United States
Moscow
Soviet Union
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Brad Barnhart
Goran Hogberg
Denver
Jack Swigert
Dan Schaefer
Steve Hogan
Jack Heckman
Richard Lamm
GOP
Nashville, Tenn
Board of Education
Nashville Metropolitan Board of Education
Thomas Wiseman
Dewey Branstetter
Kent Weeks
Arms Control and Disarmament Agency
William Kincade
The
Arms Control Association
Carnegie Endowment For International Peace
Kincade
Home Delivery
South Texas
Department of Public Safety
Callahan County Sheriff's Office
Jan Elrage
National Weather Service
Midland Regional
Noaa, U.S. Dept. of Commerce
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Atlanta
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Billings
Dallas
Chicago
el Paso
Houston
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Longview
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Lubbock
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Cdy Marta
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Judge
Braniff OK
Fort Worth
Braniff International
Harold Parell
Sander Esserman
Flowers’ Court
Braniff’s
Hugh Ray
Ray
Parell
McDonnell Douglas
Alitalia Airlines
Kremlin
Europe
Asia
George P. Shultz
Antoly Dobrynin
Administration
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