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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 01, 1998
Page
1
After a two week walkout, US West technical and service staff resume duties nationwide. Union officials announced end of the strike as operations restart with management and workers set to discuss terms.
College Station scientists aim to clone cattle resistant to mad cow disease as a preventive measure for the United States and Europe. No resistant cows exist yet, but mice have shown promise, raising hopes of future breakthroughs amid debate among cattle officials and researchers.
Former first dog Rex died Monday at age 13 from complications of an enlarged heart. The King Charles Cavalier spaniel was born December 16, 1984 and joined the Reagan family in 1985. He will be buried at Rancho del Cielo outside Santa Barbara in the Santa Ynez Mountains. Spokeswoman Joanne Drake confirmed the plan and noted questions about the dog being a gift to Nancy Reagan.
The Dow Jones Industrial Average fell 512.61 points on Monday, erasing all gains for 1998. A year review shows the Dow, S&P 500, and Nasdaq composite at weekly closes with performance summaries.
The Dow Jones Industrial Average dropped 512.61 points to 7,539.07, a 6.4 percent fall, as the slide from July’s peak deepens toward a bear market. Wilshire Associates notes a total market loss of $2.32 trillion since July, far eclipsing prior crash levels.
At 12:01 a.m. today Titanic went on sale across North America with 20 million video sets shipped by Paramount. Blockbuster and other retailers report high demand as Albertson’s fills reserves and promotions include Rose and iceberg lettuce themed sales tied to the James Cameron epic.
French researchers report a newly isolated AIDS-like virus strain in west Africa with close links to a primate version. Found in a single patient, a 40 year old Cameroonian woman who died in 1995, the report notes the strain’s potential for broader transmission concerns.
President Clinton praised Russians for not discarding reform as he prepared for a first full summit with Boris Yeltsin since March 1997. He argued global stability hinges on keeping Russia, its economy in crisis, on the path of reform and warned that border problems eventually reach the United States.
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