Eastern Airlines to lay off 1010 flight attendants
Eastern Airlines plans to lay off 1,010 of its 7,000 flight attendants on February 4 as a cost cutting measure to meet financing conditions. President Joe Leonard announced a 2 percent pay cut starting February 4 plus an earlier 18 percent cut, while unions warned of further wage reductions up to 33 percent. The airline will operate normally but limited capacity if a strike occurs.
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Miami
Eastern Airlines
Joe Leonard
Leonard
Transport Workers Union Local 553
Eastern
Small Corporations Show Strong Returns For Small Investors
NY AP notes firms valued at 20 to 100 million dollars form an efficient, niche driven segment. The AAIT Shadow Stock Index, tracking these small caps, outperformed the S&P 500 and OTC indices over the year, suggesting better yields below the big-name stock crowd.
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New York
AAIT
Wall Street
John Markese
Standard & Poor
S&p
OTC
Anti Abortion Protests Roil Cities On Anniversary
Anti abortion opponents rallied in cities and outside clinics over the weekend ahead of a Wednesday Washington protest marking 18 years since Roe v Wade. Smaller pro choice rallies included a Charleston back alley event aimed at recalling pre Roe days. Police in Binghamton arrested ten for trespassing at an abortion clinic parking lot. Cardinal OConnor denounced the ruling at St Patrick’s Cathedral. Dallas carried 2000 marchers with 1300 plywood crosses. Pickets also gathered in St Louis and Boston, with a smaller pro abortion group led by Bill Baird.
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Karla Fever
Associated Press
Washington
Supreme Court
Charleston
W.va
New York City
Dallas
Boston
Binghamton
William Cahill
HBO News Not So Depressing TV Show Summary
HBO’s Not Necessarily the News satirizes current events using news footage. Producer John Moffitt explains the aim to mirror popular topics and shifts in culture, with Lucy Webb winning ACE awards for her versatile comic performance.
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HBO
Jerry Buck
LOS Angeles
Reagan
John Moffitt
ABC
Moffitt
BBC
Pat Tourk Lee
Lucy Webb
Next Launch Looms Shuttle Still Racing The Clock
Edwards Air Force Base California AP reports the space shuttle Columbia is readied for a March 6 launch after a detour to California and a record ten delays. Columbia will return to Florida atop a Boeing 747, with heat shield tiles repaired and mission aims including Halley’s comet monitoring alongside Soviet and ESA observers.
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Edwards
Air Force Base
Calif
Columbia
California
Florida
Robert Gibson
Mojave Desert Base
Nancy Lovato
National Aeronautics and Space Administration
Bob Sieck
Kennedy Space Center
Tle
Fritz Widick
NASA
Ames-Dryden
U.S
Bill Nelson
D-Fla
Franklin Chang- Diaz
RCA
Challenger
Christa McAuliffe
Los Angeles
U.S. Firms May Skirt Reagan Edict
U.S. firms face Feb 1 deadline to exit Libya but may transfer Libyan operations to foreign subsidiaries, potentially sidestepping the embargo. Occidental Petroleum and other majors hold multi billionaire Libyan investments while Brussels talks and Western diplomacy shape the outcome.
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U.S
Reagan
Tripoli
Libya
Col
Muammar Khadafy
Khadafy
Rome
Vienna
United States
Occidental Petroleum Co
Europe
Brussels
Belgium
Western Europe
Malcolm Pike
Pike
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American Association of Individual Investors
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St. Patrick’s Cathedral
Bill Price
The
Texas Coalition For Life
St. Louis
Barnes Hospital
Bill Baird
John Paul
Dan
Miss Webb
Walmart
Wal-Mart
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Princeton Circle Drive
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New Mexico
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Lee
Pen! T
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Motor Trends Car of the Year
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