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Newspaper
Port Lavaca Wave
Location
Port Lavaca, Texas, United States of America
Date
Jul 06, 1976
Page
6
Beirut AP says cease-fire talks paused as leftist Palestinian forces open a new front against Christians in northern Lebanon. Moslem troops drive toward Amchit, seize Chekka area and coastal villages. fighting hubs around Beirut and Tripoli, with casualties surpassing 100.
Business Mirror reports growing skepticism about U S government economic indicators as revisions alter growth and inflation figures. Experts note shifting concepts, weighting, and seasonal adjustments. Critics including Yale economist Richard Ruggles cite flaws in measures like the Wholesale Price Index and question data reliability.
Federal mediators recessed talks in the large rubber dispute as the URW goes into an eleventh week of strike against Firestone and others. The union seeks a 42 percent wage and benefit increase with a cost of living adjustment, while Firestone offers a 1.25 per hour raise over three years. About 60,000 URW members and 4,000 workers in four plants are affected, with muted industry expectations for production shutdowns despite shortages.
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