Record jump in wholesale prices fuels fuel costs rise
The Labor Department reported November wholesale price index up 1.8 percent seasonally adjusted and 1.6 percent unadjusted. Energy costs surged led by refined petroleum products up 34.7 percent. crude oil, electricity, and coal also climbed, while farm product prices mostly fell.
MENTIONED IN THIS ARTICLE
Washington
Department of Labor
Department
Herbert Stein
President's Council of Economic Advisors
Stein
Fined for Bomb Joke Not Worth Jail Says Court
The Fourth Circuit ruled a bomb joke on a plane last December in Wilmington, North Carolina, could not bring jail time, only a fine under a federal statute. The decision overturns a 1965 law granting harsher penalties and applies to non malicious bomb hoaxes, not serious threats.
MENTIONED IN THIS ARTICLE
Richmond
Circuit Court of Appeals
Roubini
Wilmington
N.C
Airline strike widens disrupts Kennedy and LaGuardia flights
Striking Trans World Airlines stewards and stewardesses extended picket lines disrupting Pan American and delaying American Airlines flights from Kennedy and LaGuardia. TWA union official warned of a nationwide move without specifics. Pan Am reported many outbound flights canceled or delayed while American claimed normal operations and Los Angeles airport saw no disruption.
MENTIONED IN THIS ARTICLE
New York
APS
Trans World Airlines
Pan American Airlines
American Airlines
Kennedy
la Guardia
John O'Connell
Air Line Stewards and Stewardesses Association
Pan Am
TWA
Rockslide Buries Slum in Mexico City
In southwest Mexico City a hillside collapse killed at least 14 people and injured 25, with over 100 tons of rock and debris burying a slum. Mayor Octavio Senties and Police Chief Daniel Gutierrez led 500 rescuers as eight victims were children and several houses were destroyed.
MENTIONED IN THIS ARTICLE
Mexico City
Red Cross
Octavio Senties
Daniel Gutierrez
Samuel Rodriguez
Best prices in today's appliance column ads
Classified ads highlight top deals in appliances with everyday essentials and sought after gadgets. Shoppers can compare models and prices across brands, aiming to save on refrigerators ovens and small kitchen appliances.
Trucks blockade nine states as drivers protest fuel, speed limits
A convoy of 100 highway patrol units and National Guard tow trucks moved to the blocked turnpike while four patrol helicopters landed at the Toledo exit. Ten drivers were arrested before dawn, and authorities warned of towings. Governors in multiple states urged arrests, with Ohio promising court action. New Jersey said guards would saw trucks if blockades continued. Washington urged an end to roadblocks amid price gouging probes. Leaders called the action a victory but said protests would not continue.
MENTIONED IN THIS ARTICLE
Turnpike
National Guard
Toledo
Ohio
John J. Gilligan
Gilligan
Washington
Claude
Brinegar
Senate
Hugh Scott
Teamsters Union
Pennsylvania
Milton J. Shapp
Compton Talks Make Progress on District Settlement
Compton negotiators report progress as trustees gain commitments toward a settlement. The board met in an executive session to discuss terms and the basis for accepting a settlement. Boyd leads seven district negotiators while William Schilling heads six teachers' negotiators, each side supported by a professional consultant.
MENTIONED IN THIS ARTICLE
Boyd
William Schilling
Finch ends tests for his license in St Louis
Dr. R. Bernard Finch completes a three day state license examination after 12 years in prison for his wife’s murder. He pauses for soup at a 24 hour restaurant opposite the St. Louis Medical Society building while two foreign students take the test with him. Finch, released in 1971, has worked as an X ray technician in Eldorado Springs Missouri since his parole.
MENTIONED IN THIS ARTICLE
ST. Louis
UPI
R. Bernard Inch
Finch
St. Louis Medical Society
California
Missouri
Eldorado Springs
Bakers widen market strike settlement reached at 5.5% pay boost
Bob Voight of the Food Employers Council says 300 Mayfair stores will operate normally during the dispute under a new agreement. The deal sets a 5.5 percent wage increase and may be revised after the industry wide talks conclude. Supervisory staff will adjust operations to keep meat and perishables in stock while independent trucking handles delivery.
MENTIONED IN THIS ARTICLE
United
Frank
Bob Voight
Food Employers Council, Inc
Mayfair
Voight
BYU Students Face Failing Over Dress Code
Provo Utah BYU officials warned students they risk failing classes and being barred from final exams for dress code violations. Dailin H Oaks, president of the church owned school, urged restraint on long hair among men and jeans or miniskirts among women, noting many violations visible to all.
MENTIONED IN THIS ARTICLE
Provo
Utah
UPI
Brigham Young University
Dailin
H. Oaks
BYU
Oaks
London Stock Exchange records mid-session crash and close
The London Stock Exchange plunged in mid session, with the Financial Times index dropping a record 19.7 points to 320.4 in near panic selling, then recovering to 328.4 to close at its lowest level since March 1971. The FT noted the drop was the largest since index records began in 1935.
MENTIONED IN THIS ARTICLE
London
UPL
London Stock Exchange
Financial Times
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