Ex Ford Executives Accuse Ford in Kickback Suit
New York based suit alleges Henry Ford II wasted company money and took a 750000 kickback from Canteen Corp for an exclusive vending contract. Five unnamed former Ford executives were described as sources. SEC and IRS inquiries follow. Ford denied the charges at the Detroit shareholders meeting.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
Henry Ford II
Ford
Cohn
John F. Lang
Westchester County
Canteen Corp
Securities and Exchange Commission
U.S. Internal Revenue Service
Detroit
League Leaders By The Associated Press
American League batting leaders include Carew and Rice with high averages, plus counts for runs, RBIs, hits, and steals. Pitching leaders feature Tanana and Lee with strong records, while strikeout leaders include Ryan and Leonard. National League leaders span batting, runs, RBIs, hits, and pitching, with Monday and Griffey among top performers.
MENTIONED IN THIS ARTICLE
Associated Press
Carew
Min
Rice
Bsn
Bell
Cle
Reynolds
Lea
Kemp
Det
Porter
Bostock
Cal
Cowens
McRae
Zisk
Tex
Hisle
Mil
Baylor
Galexandr
Oak
Hobson
dThompsn
Cooper
LeFlore
Wilson
Wills
Norwood
Dilone
Lee
Tanana
Torrez
Figueroa
Broberg
Dartinez
Bal
B Stanley
Ben
Kern
Ryan
Leonard
Flanagan
Matlack
Burroughs
Evalatine
Mtl
Driessen
Cin
Parker
Pyh
Schmidt
Phi
Morgan
Lopes
Dawson
McCovey
Carter
Rsmith
Griffey
Rose
Foster
Atl
Mazzilli
Simmons
Khrnandz
Parrish
Garner
Pgh
Randle
Luzinski
Bench
Winfield
Moreno
Royster
Cedeno
Htn
Richards
Rau
Norman
Grimsley
John
Rhoden
Blue
Zachry
Princess Margaret Suffering Mild Hepatitis Amid Divorce News
Princess Margaret, sister of Queen Elizabeth II, is ill with mild hepatitis and gastroenteritis. Doctors at King Edward VII Hospital advise against official duties for about a month. She has no plans to remarry after announcing divorce from Lord Snowdon and separation for two years.
MENTIONED IN THIS ARTICLE
London
Margaret
Earl of Snowdon
Kensington Palace
King Edward VII Hospital
Palace
Raddy Llewellyn
Lord Snowdon
Antony Armstrong-Jones
Buckingham Palace
Llewellyn
Illegal Alien Bill Sparks Senate Debate in Washington
Attorney General Griffin Bell signaled a potential creative compromise to push the Alien Adjustment and Employment Act, a Carter proposal seeking penalties on employers hiring undocumented workers, a post 1977 temporary resident status, and amnesty for pre‑1977 entrants. He argued for action despite uncertain population estimates, stressing social impacts and the need to address undocumented aliens regardless of whether 2.5 million or 5.2 million reside in the nation.
MENTIONED IN THIS ARTICLE
Washington (Ap
Griffin B. Bell
Alliens
Carter
Senate
James O. Eastland
D-Miss
Judiciary
Bell
Fed Raises Discount Rate to Seven Percent
The Federal Reserve boosted the discount rate to 7 percent, the highest in over three years, aligning with higher short term rates to curb inflation. The move aims to temper lending costs for homes and businesses, while sparking concerns about borrowing expenses and housing activity.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
G. William Miller
Carter
Federal Reserve System
Federal Funds
Federal Reserve Banks of
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
San Francisco
Miller
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Detroit Free Press
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Roy M. Cohn
Remy
Fisk
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de Cinces
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Dade
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Ottawa
Heaven
Faberge
S. Moin
Stet
Cath
Bride
Deaks
Joan Sears
Teleflorist Association
Fed
Topeka
Kan
Kansas
National Weather Service
Dodge City
Emporia
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Dairy Queen
N. Main
S. Main
Market Area Survey
Herald