Blumenthal and wife separate after 26 years of marriage
Treasury Secretary and wife Eileen Blumenthal announce their separation after 26 years of marriage. A Treasury spokesman cites mutual consent and private matter. They have three grown daughters and will keep comment minimal.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Michael Blumenthal
Eileen
Joseph Laitin
Blumenthals
Ann Margaret
Gilian
Jane Eileen
Blumenthal
Bendix Corp
Michigan
Carter
Carter S Social Security plan meets Senate opposition
Senate Finance Committee chairman Russell Long said he cannot back President Carter's plan to shift 14 billion dollars from general revenue into Social Security reserves. Long supported financing reforms to keep reserves from running out by 1983, and suggested taxing options including a value added tax while warning against regressive effects unless integrated with Social Security. He predicts tax reform will reduce government income and argues the tax burden should hit the wealthy as much as possible without being counterproductive.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Carter
Russell B. Long
D. Law
Long
Senate
Social Security
High court limits antitrust restraints on exclusive territories
Washington reports the Supreme Court narrowed antitrust scrutiny by ruling manufacturers may split markets among retailers without automatic illegality. The Sylvania case upheld exclusive dealer areas, diminishing government and private challenges to franchise territories and marking divergence from the 1967 Arnald Schwinn precedent.
MENTIONED IN THIS ARTICLE
Arnald, Schwinn & Co
U S bars sale of a super computer to Soviet Union
The Carter administration blocked Control Data Corp from exporting a Cyber 76 super computer to the Soviet Union, citing potential military use and lack of safeguards. The decision followed interagency review and opposition from White House advisers, with lawmakers pressing to reject the sale.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
Commerce Department
Control Data Corp
Minneapolis
White House
Carter
State and Defense Departments
Energy Research and Development Administration
Control Data
Duane Andrews
Andrews
Hlo
United States
National Weather Service
House
Congress
Pentagon
Air Force
National Security Council
Rover H. Meyer
Office of Export Administration
U.S
North Sea oil field Fulmar found near Auk explain
Shell and Esso report a new North Sea oil discovery named Fulmar about 170 miles east of Dundee in shallow waters. Production planned for 1981 could reach 150000 barrels per day, with recoverable reserves larger than neighboring Auk field which currently yields about 70000 barrels daily.
MENTIONED IN THIS ARTICLE
London
NYTS
Shell
Esso
North Sea
Dundee
Scotland
Fulmar
Shell-Esso
Probe set in oil trade competition practices
The Justice Department antitrust division probes possible anticompetitive practices in the international crude oil trade. Acting chief John H. Shenefield says inquiry targets production restraints and Arab-nation pipeline concerns, with results expected in about a month. The department may pursue litigation to divest some oil company pipelines. In California, three temporary rock dams would be built in the Sacramento Delta to reduce salinity and conserve water under a bill sent Thursday.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
John H. Shenefield
Senate Antitrust Subcommittee
Shenefield
Wader
Edward M. Kennedy
D-Mass
Department
Delta Rock Dams
Sacramento
Sacramento-San Joaquin Delta
Goy
Also Mentioned on This Page
W. Michael Blumenthal
University of Michigan
Margaret Eileen Polley
Jermany
Shanghai
Mercy College
Detroit
Husband
Treasury Post
High Court
Sion
Sylvania
Russ
Mfter
Ray
Swing
Hedstrom
Sale
Paige TI Bak
DIA
Wilson
Jimmy Conners
Sporting Goods Dept
DA Group
Ottomme
Saab
OKO
Toau Oept