Wall Street traders untangle staggering stock backlog
Frazzled traders and clerks worked to process a massive backlog of transactions after the week of peak market turmoil. John Manley of Smith Barney Harris Upham & Manley described fatigue and frayed tempers as the market slowly calmed. In Tokyo, prices rose early but closed with a moderate gain of 97.56 points.
MENTIONED IN THIS ARTICLE
New York
Wall Street
John Manley
Smith Barney
Harris Upham & Manley
Japan
Tokyo Stock Exchange
Explosion damages Pan Am offices in Kuwait City
An explosion ripped the Pan American World Airways offices in Kuwait City with no reported injuries. The Kuwait News Agency said nearby offices were damaged and firefighters and police responded. cause unknown amid broader regional tensions.
MENTIONED IN THIS ARTICLE
Pan Am
Associated Press
Nicosls
Cyprus
Pan American World Airways
Kuwait City
Kuwait
Nico- Sia
Kuna
U.S
Ayatollah
Ruhollah Khomeini
Iran
Beirut
Persian Gulf
Reagan ponders new court nominee after Bork vote
The Senate rejected Supreme Court nominee Robert Bork 58 to 42, six Republicans crossing party lines. Reagan moved to pick another qualified justice, with leading contenders including Bow men, Winter, Wallace, Kennedy, Silberman and others from the federal judiciary.
MENTIONED IN THIS ARTICLE
Reagan
Bork
Washington
Senate
Robert H. Bork
Supreme Court
High Court
Lewis F. Powell
White House
Justice Department
Tration
US. Court of ‘Appeals
Pasco M. Bowman
Kansas City
Ralph K. Winter
New Haven
Conn
J.r. Wallace
San Diego
Anthony Kennedy
Sacramento
Conf
Laurence H. Silberman
Washington, D.C
President and Congress clash over budget deficit fights
The Associated Press reports Reagan and Congress in renewed dispute over deficits. Debate centers on military spending and tax cuts for the wealthy, while leaders Byrd and others weigh options as the national debt grows and the economy struggles to recover.
MENTIONED IN THIS ARTICLE
Senate
Robert C. Byrd
Zim
Wagnt
U S agrees to sign arms pact with Soviet Union
Secretary of State George P. Shultz indicated willingness to sign a treaty banning medium range missiles even without a Reagan Gorbachev summit. He noted the aim to scrap missiles 313 to 1325 miles and said the agreement remains a top objective. Gorbachev signaled no Washington visit date unless the US halts Star Wars space defense plans. He rejected Soviet moratorium and Kasnoyarsk radar proposals.
MENTIONED IN THIS ARTICLE
Brussels
Bergsten
George P. Shultz
Soviet Union
Shultz
North Atlantic Treaty Organization
Moscow
U.S
Europe
Presi
Reagan
Mikhail
Gorbachev
Washington
Wi House
Tass
Kasnoyarsk
United States
Scotland
Soviet lasers threaten U S space satellites says general
Air Force general Gen John L. Piotrowski, head of U S Space Command, warned Soviet ground based lasers can destroy U S satellites in low Earth orbit and damage sensors on geostationary satellites. He urged expanding U S rocket launch capacity and ready spares. He also called for finishing an American anti-satellite killer rocket.
MENTIONED IN THIS ARTICLE
Washington
U.S
Air Force
John L. Piotrowski
U.S. Space Command
Frirday
Soviet Union
Piotrowski
Defense Department
Time change prompts early Sunday clock shift
This week ends with America returning to Standard Time at 2 a.m. on Sunday. People are urged to set clocks back one hour to regain an hour of sleep and adjust schedules accordingly.
MENTIONED IN THIS ARTICLE
America
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Gulf
Hex
Sycamore
Ili
Robert Bork
Congress
The
Regan
Trom
R. Adams
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