Jobs surge sends Dow into plunge
The Dow fell 171.24 points to 5470.45 after a strong jobs report, denting hopes for further Fed cuts. Payrolls rose 705,000 in February, the largest gain since 1983, boosting bonds selling and triggering a broad market selloff despite upbeat employment data.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
Federal Reserve
Treasury
Labor Department
Norman Robertson
Carnegie Mellon University
Pittsburgh
Fed
City approves amended NFL deal after heated vote
Cleveland council approves an amended NFL package after seven days of review. Mayor White says compromises meet the deadline and will be sent to the NFL. Commissioner Tagliabue warned owners could reject revisions. The 13-8 vote covered three ordinances aimed at bringing pro football back by 1999.
MENTIONED IN THIS ARTICLE
Cleveland
NFL
Jay Westbrook
Paul Tagliabue
Chicago
Michael R. White
White
Tam
16 Council
Fred Nance
City Hall
Nance
Fans relieved as council approves NFL deal for new team
Elyria residents welcomed the 18 to 8 vote approving an NFL package to bring a new team by 1999 and a $40 million stadium loan. The deal requires the stadium on the old site but allows 45 days to explore alternatives amid calls that the NFL could be more flexible. Local business owner Dick Moran welcomes the prospect of football returning in 1999.
MENTIONED IN THIS ARTICLE
Elyria
Cleveland
NFL
Lorain
White
Tim Coates
Elyria Bowling Center
National Football League
Dick Moran
Mountain of warrants strains Lorain County justice
Lorain County faces a growing warrant backlog with over 1,600 suspects, including more than 500 for nonpayment of child support. Sheriff Mahony cites deputy shortages and competing duties as delaying warrant service, plans hiring to ease the load, and notes repeat releases from a crowded jail spur further nonappearance.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Martin J. Mahony
Mahony
Elyria students face new boundaries as elementaries reassign
Elyria school district redraws attendance zones to absorb Jefferson and Spring Valley pupils and balance campuses. Hundreds of families learn next year will send children to different schools, upsetting students like Bruce and Britney Hose who must leave Prospect Elementary for Eastgate Elementary.
MENTIONED IN THIS ARTICLE
Elyria
Kim Hose
Jefferson
Spring Valley
Bruce
Prospect
Britney
Delaware Avenue
Eastgate
Hose
Bruce Hose
Prospect Elementary
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