Supreme Court OKs tax on multinational firms
The Supreme Court, in a 5-3 decision, allows states to tax a portion of multinational corporations’ worldwide income based on domestic operations, upholding California-like laws. Justice Brennan notes double taxation is permissible and rejects fears of foreign retaliation. The ruling echoes broader debates on evidence law and parental rights in separate actions.
MENTIONED IN THIS ARTICLE
Taalso Supreme Court
Washington
Supreme Court
California
William Brennan
U.S
Rainy spell shifts to sunny week in Central New York
The National Weather Service forecasts showers tonight with a 60 percent chance and a low near 60. Tomorrow, partly cloudy with a 40 percent rain risk and highs 75 to 80. The forecast calls for fair weather through Friday with highs in the 70s and Friday near 80, while evening lows dip to the 50s Thursday and around 60 to 65 Friday.
MENTIONED IN THIS ARTICLE
New York
National Weather Service
Hancock International Airport
Prices slide as stocks fall on rate fears in New York
The stock market slid into a broad decline in New York as fears of higher interest rates spread. The Dow Jones average fell 11.82 points to 1,229.87 by 3 p.m. Losers outpaced gainers by nearly three to one among NYSE listed issues.
MENTIONED IN THIS ARTICLE
New York
AMC offers 25 cent raise to cut union reps at Kenosha plant
AMC proposed to raise wages by 25 cents an hour for 6400 workers at its Kenosha Wisconsin plant in exchange for eliminating more than half of the 285 union representatives, reducing them to 135. The raise would be added to current pay and benefits averaging 22 to 23 dollars per hour.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
Kenosha
Wis
U.S
Associated Brace
Warner Bros officials pay fines over Twilight Zone deaths
Warner Bros Inc and three individuals face accident fines totaling 20000 to the California labor commissioner over Vic Morrow and two children's deaths on the Twilight Zone set. John Landis George Folsey Jr and Dan Allingham agreed to pay to avoid lengthy contest of citations, officials said in San Francisco.
MENTIONED IN THIS ARTICLE
Los Angeles
Warner Bros. Inc
Vic Morrow
Warner Bros
John Landis
George Folsey Jr
Dan Allingham
C. Robert Simpson
San Francisco
Lottery winners in Albany announce daily numbers
The state's daily numbers draw in Albany produced the winning number 931 for the daily game and the Win Four result 0103.
MENTIONED IN THIS ARTICLE
Albany
Sheraton Inn plans $10M suburban office complex
The Sheraton Inn in Liverpool, owned by First Republic Corp. of America, will build four two or three story office buildings costing about $10 million behind the hotel. The project aims to meet demand for suburban space with phased construction and high tech facilities. OCIDA financing is possible.
MENTIONED IN THIS ARTICLE
Sheraton Inn
Liverpool
Norman Halper
First Republic Corp. of America
Sheraton
Halper
John Lynch
Eagan Real Estate
Eagan
Syracuse
John Daly
Liverpool Inn
Daly
Harper
Onondaga County Industrial Development Agency
OCIDA
Convention Center
California
Silicon Valley
Rising drunk driving laws spark national awareness
The nation tightens DWI rules as states enact tougher laws and prosecutors report rising arrest figures. Vincent Tofany of the National Safety Council cites growing public awareness, while Onondaga County reports a 100 percent jump in DWI arrests since 1980, with about 2500 last year under the STOP DWI program.
MENTIONED IN THIS ARTICLE
Vincent Tofany
Highway Users Federation
Washington
Onondaga County
Jeffrey R. Merrill
New York State Association of
Merrill
Seasonal work helps to reduce area jobless rate
The unemployment rate dropped in Syracuse and surrounding counties in May due to seasonal trends as construction workers and others returned to work for the summer. State officials say the decline mostly reflects fewer people seeking work, not more jobs. The three county rate fell from 8.9 to 8.0 percent while the labor force declined as private universities shut for summer.
MENTIONED IN THIS ARTICLE
Syracuse
Roger Evans
State Labor Department
Lillian Roberts
Sivans
Evans
Balloonists Maxie Anderson and Don Ida Die in German Crash
Maxie Anderson and Don Ida, both veteran balloonists and part of the first Atlantic crossing crew, died when their balloon crashed near Schweinfurt in Bavaria during the Gordon Bennett International Balloon race. The cause is unknown but authorities suggest an emergency landing may have aimed to avoid East German airspace.
MENTIONED IN THIS ARTICLE
Schweinfurt
West Germany
Maxie Anderson
Atlantic
Anderson
Albuquerque
N.M
Don Ida
Denver
Siegfrifla Brendel
Brendel
East Germany
Paris
United States
U.S
Bonn
Ida
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