Corporate failures rise as economic recovery hopes grow
In New York, corporate casualties surge 33 percent above a year ago as 11,410 businesses failed by mid May. Despite a 2.5 percent annualized GNP expansion and April income gains, analysts warn a lasting fallout from recessions could persist through the year.
MENTIONED IN THIS ARTICLE
New York
Stephen Roach
Morgan Stanley & Co
Roach
Commerce Department
Dun & Bradstreet Corp
Phoenix stunt man leaped 115-foot building for air bag
Spanky Spangler a 33 year old Phoenix stunt man jumped from the top of a 115 foot tall Phoenix office building to an air bag on the ground. He was not injured and walked away.
MENTIONED IN THIS ARTICLE
Spanky Spangler
Phoenix
Barrio ties bind in the Southside after Casas death
Community members in Dora area say Barrio locals rely on kin and mutual aid following the shooting of Casas. Lore describes a survival of the fittest ethic amid retaliation fears, while Casas’ widow Yolanda mourns and questions the motive, with neighbors revealing who was involved.
MENTIONED IN THIS ARTICLE
Estorga
Ike
Texas Ave
Lore
Casas
Yolanda Casas
Dora
Richard
Texas race wagering debate stalls as session winds down
Rep. Randy Pennington criticized horse racing backers for overreaching after state lawmakers paused a statewide referendum to allow tracks. He warned opponents would mobilize as supporters spent about 2 million dollars in lobbying, with the racing group conceding about a million.
MENTIONED IN THIS ARTICLE
House
Senate
Randy Pennington
Houston
Pennington
Texas
Racing Association
Texas Storm Toll Rises as Floods Hit Central Texas
Storms across Texas caused flash flooding in Montgomery County evacuating about 500 people from five subdivisions along the San Jacinto River and Caney and Peach creeks. Two killed, hundreds of homes and dozens of businesses damaged or destroyed as waters rose, with rescue crews using boats and four wheel drive vehicles. Caswell predicted the destruction among the highest ever recorded and parts of Houston began cleanup after the storms.
MENTIONED IN THIS ARTICLE
Texas
Gonzales
Northrup
Dublin
German
Linda Rolls
Reno
Nev
Port Arthur
Austin
Montgomery County
San Jacinto River
Caney and
Peach Creeks
Nancy Mayes
Civil Defense
Jimmie Edwards
J. McDougal
East County
McDougal
Beaumont
Hilldebrandt Bayou
Texas Department of Public Safety
David Wells
Caswell
Abduction Charge Against Churchill Relative Niece
A 20-year-old woman was arraigned on abducting Georgina Wilson 22 the niece by marriage of MP Winston Churchill with intent to force prostitution. Wilson was seized in a car by a man and two women, threatened with a knife and driven around London seven hours before being returned unharmed.
MENTIONED IN THIS ARTICLE
London
Winston Churchill
Georgina Wilson
Wilson
Churchill
Britain
Sir Winston Churchill
Americans favor trade barriers despite foreign product purchases
A Los Angeles Times poll finds two thirds of Americans favor U S trade restrictions to shield industry and jobs even as over half buy foreign goods that would cost more under such measures. A majority backs new barriers against Japan. Poll of 1,395 voting-age Americans by phone May 8–12 with a 3 percent margin.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Oil & Gas Journal
Weekly Trade Magazine
Journal
Los Angeles
U.S
Los Angeles Times
Japan
Delivery Problems Highlight Subscriptions
A notice notes issues with daily and Sunday mail subscription delivery and mentions second class postage costs. It lists AA one mail subscriptions as affected items and urges customers to check their accounts for delivery adjustments.
Weather spreads mixed skies and severe storms across Texas
Odessa enjoys fair warm weather with mid 80s and NW winds. Severe storms lash South and Southeast Texas with heavy rain, rising rivers, and flood threats. Cool front moves east, East Texas storms diminishing. highs vary from 70s to 90s district wide. Death toll rises to 26 across the Southeast from Wednesday’s storms.
MENTIONED IN THIS ARTICLE
Odessa
Texas
College Station
Laredo
Rio Grande Valley
Panhandle
National Weather Service
Louisiana
Big Bend
South
Rio Grande
Russians blast U S broadcast over airwaves
Radio Moscow accused the United States of using radio to interfere in other nations and warned that the airwaves must be rid of psychological war. It cited stations Radio Free Europe, Radio Liberty, Voice of Free Kabul and a subversive anti Cuba radio as proof of U S subversion.
MENTIONED IN THIS ARTICLE
Moscow
Radio Moscow
United States
Radio Free Europe
Radio Liberty
Central Intelligence Agency
Voice of Free
Kabul
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