Congress moves to veto FTC used car rule
A House Commerce subcommittee approved a veto of the FTC rule requiring used car dealers to disclose known defects. If both houses pass, the veto would kill the regulation. supporters say the rule is modest, while opponents warn it creates costs and burdens for dealers. The FTC began the rule after a long investigation into misstatements about car conditions.
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Congress
House Commerce
Federal Trade Commission
Gary Lee
R-N.y
National Automobile Dealers Association
FTC
James H. Scheuer
D-N.y
Scheuer
Pidrio
Alaska gas pipeline waivers shift risk to consumers
The House approved waivers to federal guidelines for a 40 billion dollar Alaska natural gas pipeline, shifting financial risk to consumers. The package allows partial pipeline ownership by Exxon Atlantic Richfield and Standard of Ohio, funds a 4 billion dollar Alaska gas conditioning plant, and enables pre billing for completed segments. Critics call the move a potential consumer ripoff and warn of paying for abandoned projects.
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Fan killed near Rolling Stones concert site in Maryland
Richard Wright, 21, of Beltsville, Md, was shot and killed near the Capital Centre arena in Landover, Maryland, as a Rolling Stones concert loomed. His friend Andy J. Ulsaker, 21, hospitalized in stable condition, told a security guard that Wright had been shot. Ulsaker reported another gunshot wound. Detectives interviewed up to 15 possible witnesses as speculation swirled about drugs or tickets.
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Prince George's County
Richard Wright
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Reagan warns Libya over alleged plot to kill U S leaders
Washington says Muammar Khadafy faced a U S warning to drop the alleged plot or face consequences. US officials say evidence exists and used a third country to deliver a private message, with Belgium handling Libya contact. Sanctions options, including an oil embargo, are under review as Congress weighs Libyan ties.
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Hijacked Libyan jet lands amid Iran hostage drama
Libyan airliner hijacked by Lebanese Shiite militants landed in Tehran after a tense flight from Tehran. Officials said the plane may head for Algeria or Syria while negotiations continue with Libyan authorities and hijackers demanding clarity on Imam Moussa Sadr's disappearance. The incident follows prior hijackings with Cuban returns and a 1973 pact with Havana.
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Iran
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Moammar Khadafy
Snowy North Coast and Pacific States Forecast Update
A weather forecast calls for snow in the north Atlantic coast states and rain shifting across the northern Intermountain region and the north and middle Pacific coasts. Winds will be 20 to 30 mph from the northwest with flurries and accumulating snow in squall areas.
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Winter Snow Sweeps Across Regions WithWarnings and Winds
A broad winter storm spread snow from Minnesota into the eastern Ohio Valley and New England. Gale warnings issued along the Atlantic Coast from Maine to North Carolina as northeast winds persisted and heavy snow affected roads.
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Senate OKs constitutional compromise in Canada
Ottawa AP Canada’s Senate approved a reform plan to sever Britain’s ties and patriate the constitution. Two hours later Governor General Schreyer accepted the parchment documents, then sent them to London for discussion with Thatcher government officials.
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Britain
Margaret Thatcher
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Danish prime minister resigns after election rout
Danish Prime Minister Anker Joergensen, 59, quit after the Social Democratic Party suffered a heavy defeat in the general election. He offered to stay as caretaker premier until a new government forms as no party nears a majority in the 179-seat parliament of 90 seats needed for control.
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