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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Dec 01, 1987

Page

11

Dollar Stocks Plunge Amid Deficit Debate and Market Turmoil

U S stocks and the dollar tumbled as fears over deficit cuts and inflation rattled investors. The Dow fell over 76 points while Tokyo's Nikkei slumped then rebounded, with central bank actions cited for stabilizing the dollar and markets elsewhere reacting to Washington's deficit deal uncertainty.

Dow Tokyo Stock Exchange Japan London Stock Exchange Wall Street Washington

Dollar Dives to Record Lows Against Major Currencies

The dollar slid to record lows versus the yen, mark, and other currencies as experts cited waning faith in U S deficit reduction, inflation fears, and concerns that Third World debts threaten global growth.

New York U.S

Court to eye gas deregulation

The Supreme Court agreed to review a lower court ruling on natural gas price regulation. The Reagan administration contends the ruling forces the government to set minimum gas prices improperly.

Washington Supreme Court Reagan

Reagan backs deficit deal on all or nothing basis

President Reagan defended the budget deficit reduction compromise with congressional leaders saying it must be considered on an all or nothing basis. He warned he could veto a bad tax bill and stated the agreement would preserve national defense as the US pursues arms control talks with the Soviet Union.

Reagan Congress Washington United States Soviet Union

Fresh foods fuel commodity hike in November

The Agriculture Department reports a 3.1 percent rise in commodity prices for November driven by higher fresh fruit and vegetable prices. Lettuce oranges tomatoes corn and soybeans led gains while hogs and cattle prices fell, reversing October's 1.6 percent drop, according to the Agricultural Statistics Board.

Washington Agriculture Department USDA Agricultural Statistics Board

FAA tightens rules on airline maintenance delays

The FAA announces tighter maintenance rules aimed at curbing delays by airlines including Eastern and others. A review of about ten major carriers will determine if federal maintenance standards are being abused, with potential penalties for noncompliance.

Washington Federal Aviation Administration FAA Eastern Airlines

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Robert Brusca Nikko Securities International Inc Europe Joseph Barthel Philadelphia Butcher & Singer Inc NEW_ YORK NYSE Alcoa At&t Amoco Wah Bas Avon Ety BankTr Bowatt Disney DowCh duPont Ekouk Fordm Melvill Merck MerLyn Bo Me MMM Mobil Vanguard Creston Livestock Creston Cannes OSHA Occupational Safety and Health Administration OSBA Ross Lorain County Ross Environmental Services, Inc John Collis Giles Road Grafton Ohio
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