Yanks slow foreign operations in Europe
London AP report says American corporations cut European operations as costs rise and profits shrink, prompting shifts in plans and investment as firms reassess markets and strategy across the continent.
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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Apr 19, 1976
Page
3
London AP report says American corporations cut European operations as costs rise and profits shrink, prompting shifts in plans and investment as firms reassess markets and strategy across the continent.
The Supreme Court hears arguments on the media trial case arising from a Nebraska mass murder. H. Brandt Ayers of the Anniston Star appeals for press rights amid pretrial news restrictions. A decision is expected by June.
Former Texas Governor John Connally, pivotal in Texan support for the Republican presidential primary, will be honored at a fundraising event in Austin. The dinner, sponsored by the Austin Republicans, expects a sellout crowd and offers reception and dinner ticket options priced up to 150 dollars per couple.
An about 3.9 magnitude quake struck at 10 43 p m lasting roughly one second. Strength potentially cracked foundations near Durham Rogers Mills County and was felt in Shattuck Arnett and Higgins Texas with no damage reported.
Randolph Leyendecker 17 is charged with capital murder in a knife slaying of a 12 year old girl. Stepfather describes him as a drug user with a split personality and says rehab failed after six months in a Vernon center. A former classmate recalls a violent, knife carrying past. An anonymous tip aided his arrest.
A humorous note claims creatures do not inhabit space but joke about beings moving in nearby. A forecast mentions hot air over the southeast shifting northwest once the candidate's plane departs.
A Baltimore patrolman lay wounded as a sniper fired on officers and bystanders. Leroy Baldwin then drove his produce van into the line of fire, pulled the officer inside, and evacuated him as police and the gunman exchanged shots. Four other people were injured and John Williams, 18, was charged with murder and assault. Police expect civilian commendations for Baldwin.
Beirut violence continues after a truce under Syrian pressure. Police report 105 killed and 147 wounded, including 40 snipers targeting pedestrians. Warring leftist Muslims and rightist Christians agreed to the cease-fire but militias kept firing in Beirut and surrounding mountains.
HEW clarifies that school districts are not required to provide bilingual education for non English speaking students. A April memo states remedies listed in a 1974 Supreme Court tied document are guidelines, not mandates, and districts may choose methods to eliminate language barriers.
In Minot North Dakota authorities warn danger remains as the Souris River falls from a Sunday crest of seven feet above flood stage. About 12 000 residents evacuated last week may be allowed to return in two weeks. Peak flows around 10 000 cfs expected for days with dikes up to 25 feet protecting low areas. Emergency sandbagging continues amid concerns volunteers may dwindle.
San Francisco city officials reject federal mediation as a 20 day strike by transit workers and city crafts continues to paralyze traffic. Union leaders push to reach the negotiating table while Mayor Moscone weighs mediation terms and drivers warn of a broader walkout if no settlement.
Conference Board study cites hunger and food waste as major obstacles to feeding a growing population. It notes animals consume almost five times more food than people and eight pounds of corn yield one pound of beef. Easter reflections show non candidates and candidates at low profile as Carter, Reagan and Ford campaign plans unfold across states.
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