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Odessa American in Odessa, Texas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 08, 1986

Page

2

Senate probes nuclear safety amid Chernobyl concerns

A Senate subcommittee will cross examine the author of a GAO report on international nuclear safety. The study notes 151 safety incidents in 14 countries from 1971 to 1984 and questions each nation's capacity to respond to accidents. In the U S radiation traces surface in Olympia and Bismarck while scientists assess molten core breach at Chernobyl. A Moscow paper confirms ongoing fire at the plant as Yugoslav agency reports another death.

Congress Department of Energy Senate Congressional General Accounting Office U.S Olympia Wash Bismarck Environmental Protection Agency Moscow Chernobyl

Reagan Returns Home From Longest Trip In Office

President Reagan arrives at the White House in buoyant mood after a 22,500 mile overseas swing to Tokyo Bali Honolulu Guam and Los Angeles. He pledges united action by democracies against terrorism and signals readiness to push beyond words with vast diplomatic economic and military power. Aides note he appeared unfatigued as he plansCabinet meetings then a weekend at Camp David.

Washington Reagan United States Tokyo U.S Libya White House Washington Post Camp David Catoctin Mountains Maryland Los Angeles Honolulu Guam Bali Elmendorf Air Force Base Alaska Congress

Odessa's Construction Market Faces Contraction Pressure

Builders say there are too many contractors chasing too few jobs and expect supply and demand to rebalance. Some bankruptcies may occur as the market adjusts. Odessa Ready Mix owner John Cunningham cautions that monthly figures mislead about the contraction. He notes oil prices influence the outlook and that the situation defies short-term trends.

City construction permits surge in 1986 year to date

Cunningham notes total approved projects through April reach 19.74 million, surpassing 1985's 15.02 million. Major drivers include a 7.2 million water treatment plant expansion at 811 W 42nd St and a 2.73 million post office project north of Permian Mall. He says there are no small jobs to fill gaps.

Cunningham 42Nd St Permian Mall

Malone faces up to 58 years in prison in bank case

U S District Judge Lucius Bunt will sentence Malone on May 28. He faces as much as 61,000 in fines after a guilty verdict that ties him to Permian Bank’s rapid growth era. Former bankers Thomas and Tapp testified for the prosecution, while defense argued sloppy bookkeeping and overwork caused the bank’s problems.

Malone U.S Lucius Bunt Bick Metro Bank Edward “Eddie’’ Thomas Thomas Federal Correctional Institution la Tuna el Paso Maione Bill Tapp Tapp Odessa Bank of the West Blankinship Kevin Bartley Bartley Gary Riley Permian Bank Dale Holloway Permian Holloway

Tax changes threaten housing sector and jobs, backers defend plan

Tax Builders warn the measure would cost 377000 construction jobs and 6.9 billion in annual payroll, wipe out 400000 housing starts in 1987, and cut rental property values by as much as 20 percent. Critics say rents rise but some see cleaner tax code and fairer shares. industry reactions split with real estate advocates urging caution ahead of Senate vote.

Colton Capitol Hill Senate Bill Atkinson National Association of Realtors

Cooler temperatures and thunderstorm chances across Texas

The National Weather Service in Midland reports tonight will be partly cloudy and cooler with a low near 60 and southerly winds 10 to 20 mph. Friday looks partly cloudy with a high in the mid 90s and a 20 percent chance of severe storms, with south winds 15 to 25 mph and higher gusts.

Permian National Weather Service Midland Regional NWS Weather Service Texas Gulf of Mexico del Rio San Antonio el Paso South Texas West Texas Panhandle Big Bend North Texas

Odessa American publication details and contact info

The Odessa American daily and Sunday newspaper lists its address 222 E Fourth Street Odessa Texas 79740 and subscription options with annual price 81 dollars plus taxes Readers are directed to send address changes to P O Box 2952 Odessa Texas 79760 Postmaster notices appear in the standard masthead.

Fourth Street Odessa Texas Odessa American P.O

Also Mentioned on This Page

The Associated Press Tanjug Kiev West Max Gene Kimmelman Consumer Federation of America Joe Gofman Ralph Nader Public Citizen National Federation of Independent Businessmen Paul Huard National Association of Manufacturers Finance Committee Atkinson Bud Scoggins Independent Petroleum Producers Association Hill Country NOAA US Dept At Commerce Mpls-St Paul Cdy New York City Phoenix Richmond St Louis Salt Lake City Rm San Francisco Clr Seattle Home Delivery DeLivei
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