De Lorean Wins Second Acquittal in Embezzlement Case
John De Lorean, 61, acquitted on all 15 racketeering and fraud counts in Detroit federal court, praising God as verdicts were read. He cried and hugged attorneys, blasted prosecutors as having fabricated the case, and said about 20 remaining lawsuits from his collapsed company will fall like dominoes.
MENTIONED IN THIS ARTICLE
Detroit
John de Lorean
de Lorean
Howard Weitzman
Juanita Brooks
Weitzman
Los Angeles
Newton Wins Record Libel Award Against NBC in Nevada
A federal jury in Las Vegas awarded Wayne Newton 19.3 million dollars after finding NBC News libelous for linking him to mobsters in three 1980 and 1981 reports. The verdict held NBC and reporters liable for defaming Newton and injuring his reputation. NBC plans an appeal.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
NBC
Wayne Newton
Brian Ross
Ira Silverman
Paul Greenberg
Newton
Regents Care Budget Ax
The Kansas Board of Regents urged Gov elect Hayden to restore 1984 1985 and 1988 budget cuts, seek 1.9 million for faculty retirement and 6.5 million for maintenance, and push for 8 percent faculty raises while prioritizing core tenured faculty amid a 3.8 percent agency cut.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Board of Regents
Mike Hayden
Regents
Frank Becker
el Dorado
Hayden
Kansas
Becker
Donald Slawson
Wichita
Stanley Koplik
Capitol
University of Kansas Medical Center
Kansas State University Veterinary Medicine Center
Kansas Technical Institute
Salina
KSU
Wichita State University
Pittsburg
Fort Hays
Emporia
Med Center
Vet Med Center
ETI
Holiday shootings target Rhode Island homes and More
A series of Christmas season shootings in North Smithfield Cumberland and nearby Bellingham Mass left three people injured, one hospitalized, as police pursue a holiday related shooter. In Rhode Island the incidents began December 8 and targeted homes and a truck, with two other communities affected within ten miles.
MENTIONED IN THIS ARTICLE
Rhode Island
Cumberland
John J. Partington
North Smithfield
Bellingham
Mass
Partington
San Diego
Bill
Maxine Wilson
AT&T to Pare Size and Lay Off Thousands
AT&T announces a 3.2 billion charge in Q4 1986 to shrink its workforce by up to 27 400 positions, about 8 percent of employees, with severance and streamlining costs. The move creates a quarterly loss as assets inventories depreciation and facility consolidations are trimmed.
MENTIONED IN THIS ARTICLE
At&t
Washington
At&t Stock
Stock Market Drops Amid Weeklong Slide
New York records show the Dow Jones average down 7.31 to 1,911.00 at noon as losses outpace gains 855 to 523 on the NYSE with 507 unchanged. Ponderosa System climbs 3 percent to 285 after news of a $29.25-a-share acquisition led by Asher B. Edelman. The NYSE composite dips to 141.13 and the American Stock Exchange index falls to 262.19 as volume reaches 72.25 million shares.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
U.S
At&t
Bell System
New York
Wall Street
Asher B. Edelman
NYSE
American Stock Exchange
Rate Hikes On Two Blue Cross Programs For 1987
Insurance Commissioner Fletcher Bell announced 1987 rate increases for two Blue Cross and Blue Shield of Kansas health plans. The Comprehensive Major Medical Conversion Program with a $1000 deductible rises about 17.5 percent, while the non deductible 80 percent coverage plan climbs roughly 33.3 percent. Four other lines will not raise rates. Bell cited past performance and new requirements for substance abuse and mental health coverage.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Fletcher Bell
Blue Cross
Blue Shield of
Kansas
Bell
Blue Shield
Farm Bureau
Johnson and Wyandotte
Kansas City
Plan 65
Plan D
Insurance Commissioner
Embezzlement Charges In FCA Case in Kansas City
Thelma L Alvarez and Frank J Alvarez, a former FCA associate finance director and her husband, are indicted on 13 counts for allegedly diverting more than 1.1 million from the Fellowship of Christian Athletes. They allegedly routed over 500 checks to a Mark Twain Bank account from 1979 to 1986, many from the Marshall Indiana FCA office. The couple appeared for bond and did not comment.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
The
Fellowship of Christian Athletes
Kansas City
U.S
Calvin K. Hamilton
Alvarezes
Alvarez
FCA
Mark Twain Bank
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John
NBC News
Lawrence Grossman
Henry Kaufman
Libel Resource Defense Council
Wayne
the Family Circus
By Bil Keane
Lepi Santa
Pnert
Hagar the
IPEAS
Beetle Bailey
Skeezix
Asolinea
Grinch Alive & Well
Memorial Park Recreation Center
Sheila Johns
Sonny Fox
Whyi-Fm
Hollywood
Turkey Point
Thelma L. Alvarez
Frank J. Alvarez
Marshall
Ind