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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 08, 1998
Page
1
Nation the cat cared for Merlin the baby rabbit with her kittens as if he were hers in Jennifer Anderson's London Ohio home. Her husband Randy accidentally mowed over a rabbit nest where Merlin the sole survivor lay at the bottom.
Standard & Poor's raised Odessa College bonds to BBB investment grade after a campus tour and review of three years of improved operations and finances since 1994 losses. The outlook is stable with expected enrollment growth and higher state appropriations, per the S&P Credit Wire.
Democrats staged a Capitol news conference condemning a late added emergency spending bill by Sen. Kay Bailey Hutchison that blocks Interior Department rules on federal land oil royalties. They warn the measure cuts government income by about 66 million dollars annually and accuse Hutchison and Rep. Livingston of engineering a taxpayer robbery aided by oil industry contributions.
The Senate approved an IRS reform bill in a 97 to 0 vote amid bipartisan outrage over enforcement tactics and abuses. Senator Roth, a Republican from Delaware, led the measure as critics urged change to the tax agency culture and customer treatment.
Daimler Benz and Chrysler Corp agreed to a deal valued at more than 37 billion dollars creating DaimlerChrysler. The plan keeps brands separate, with no cross production of Mercedes and Chrysler models, and aims to expand global sales while preserving jobs. Juergen Schrempp and Robert Eaton will co lead for three years before Schrempp becomes sole head.
Local observers weigh the film Deep Impact as a catalyst for discussion on detecting comets before they threaten Earth. Odessa sources note the movie portrays human behavior amid a looming cosmic strike and consider its scientific realism and potential public benefit.
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