Reagan predicts far reaching arms progress at summit
President Reagan said he would be very disappointed if next week's Washington summit with Mikhail Gorbachev does not yield progress in arms control and a Moscow meeting next year. He defended INF talks and START aims while warning conservatives not to fear concessions, and called the USSR an evil empire. Kremlin denied his charge that Moscow violated the 1972 Anti-Ballistic Missile Treaty.
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Washington
Reagan
Mikhail Gorbachev
Moscow
Gorbachev
United States
Soviet Union
White House
U.S
Afghanistan
Kremlin
Foreign Ministry
Americans Back U S Soviet INF Arms Treaty In Polls
Two major polls show broad support for the impending U S Soviet INF arms treaty. ABC News Washington Post find 52 percent approve 8 percent disapprove 39 percent no opinion. NYT CBS poll shows 63 percent approve 26 percent disapprove 11 percent no opinion.
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Garn chides lobbyists at banking hearing
Sen Jake Garn told a room of lobbyists he was sick of the game and that Congress and lobbyists share responsibility for inaction on banking issues after thirteen years on the Senate Banking Committee. He urged shame for the status quo and bailiwicks. The room laughed nervously, but he did not smile.
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Washington
Congress
Jake Garn
Senate Banking Committee
Garn
No title present in source segment
Emissions were picked in each zone by time of application. Bara warned of possible delays due to limited sites and early system bugs. BMW and Ohio EPA are developing contingency plans. Bara hopes the system works perfectly but expects initial problems and commends the managers for planning.
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Bara
BMW
Congressional clash over bank powers bill stalls reform
Lawmakers spar over broad bank holding company legislation and a wide expansion plan that would let banks affiliate with securities firms and other industries. Garn and Proxmire press for tighter separation while D Amato and Cranston push for broad affiliate rights amid a looming March 1 deregulation moratorium.
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Garn
William Proxmire
D-Wis
Alfonso M. D'Amato
Rn.y
Alan Cranston
Dcalif
D'Amato
Nine banks shut doors most ever for FDIC
Lincoln Nebraska AP nine banks failed in a single day the most in FDIC history. Insiders reportedly defaulted on unsecured loans while four Nebraska banks tied to Omaha entrepreneur Timothy M Brennan and a related Iowa bank faced failures. Officials cite insider abuse of lending as a major factor.
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FDIC
Lincoln
Neb
Federal Deposit Insurance Corp
Nebraska
Cynthia Milligan
Iowa
Louisiana
Oklahoma
Kentucky
Milligan
Omaha
Timothy M. Brennan
Edward L. Tubbs
Climbing Hill
Climbing Hill Savings Bank
Garbage trucks demand driver vigilance and safety training
Workers face constant risk as garbage trucks stop unexpectedly and drivers may not notice, despite lights and policy. Kidder notes monthly safety training, reflective precautions, and the need for drivers to anticipate others actions to prevent injuries.
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Kidder
Stocks tumble as Dow slips in early trading
New York stocks opened lower with the Dow Jones industrial average down 23.21 to 1,753.32 in the first 30 minutes. Volume on the NYSE was 32.12 million shares, with 1,167 declines to 135 advances and 315 unchanged. Major blue chips fell including GE, AT&T, IBM, and Exxon as investors weighed weak retailer sales and a slipping dollar amid rate-cut actions.
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New York
New York Stock Exchange
Wall Street
Labor Department
General Electric
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IBM
Exxon
American Stock Exchange
Cuban inmates sign pact as hostage crisis ends
Government hostage group oversees live ceremony with Auxiliary Bishop Agustin Roman of Miami and Leshaw reading the pact. A detainee wrapped in Cuban and American flags as a silver crucifix rests on the table. Roman says he came as a father and priest, not a negotiator, while families express relief amid deportation fears tied to a new Cuba US pact and a 90 day moratorium announced by Meese.
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Agustin Roman
Miami
Oakdale
Leshaw
Cable News
Maria Herren
Louisiana
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Cuba
Meese
Atlanta
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