Restaurateur makes patrons co owners in Michigan
Pontiacs WE Ethnic Restaurant owner Nguyen Huy Han will give 100 percent of this year’s $10,000 profit to his 1,500 regular customers who are shareholders. Each $5 meal buys a share and yields a 30 percent annual dividend at a planned June 17 shareholders meeting. customers join by adding their name to bills.
MENTIONED IN THIS ARTICLE
Pontiac, Mich
UPI
Nguyen Huy Han
South Vietnam
Han
A&w
Detroit
Inflation or unemployment which is the bigger problem
Washington reports polls showing inflation as the top economic worry while President Carter expands anti inflation efforts. He trims tax cuts to 19.4 billion, citing worsening inflation though unemployment has fallen. Keyserling urges not to treat the issues as tradeoffs and notes both must be tackled together.
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Washington
UPI
Carter
Democratic Party
Robert Strauss
Congress
White House
Leon Keyserling
Harry Truman
Council of Economic Advisers
Senate Banking Committee
Keyserling
This woman's bra cost Army twenty one thousand dollars
UPI reports the Mainz Army post paid 21000 for an incident at a 1977 Mainz asparagus festival party. Brig. Gen. David C. Martin invited German interpreter Ms Hannelore Nelson who was accused of being indiscreet after an outfit revealed she was not wearing a bra. Nelson sued, Capt Steven Scully defended the Army, recounting the blouse and vest details observed at the event.
MENTIONED IN THIS ARTICLE
Hannelore Nelson
David C. Martin
UPI
Mainz
West Germany
Martin
Ms. Nelson
Army
Steven Scully
Scully
Chicago laborer hid past as Nazi killer
CHICAGO AP A federal judge ruled today that Frank Walus lied to immigration officials by concealing a past as a Gestapo killer during World War II Judge Julius J Hoffman of U S District Court revoked Walus citizenship saying the evidence was clear convincing and unequivocal that the retired Chicago laborer lied to authorities about his past The ruling opens the road for Walus possible deportation The government argued Walus was a Gestapo agent who killed at least 13 Jews during the war Walls 55 insisted he never had been a member of the Gestapo and had spent the war years working on farms in Germany
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Chicago
Frank Walus
Julius J Hoffman
U.S. District Court
Walus
Hoffman
Gestapo
Walls
Germany
Elderly Homeowner Tax Exclusion on Sale Profit
A senior homeowner may avoid income tax on home sale gains if the residence was lived in as the principal residence for five of the past eight years and the adjusted sale price is 39 000 or less. If over 25 000 is received, up to 35 000 of proceeds may still be tax free. Only one use per couple, election via signed statement with tax return. consult IRS details.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
America
China predicts Soviet U S war over Western Europe clash
At the United Nations Huang Hua warned that the United States and the Soviet Union will fight it out someday with Western Europe as the battlefield. He accused the Soviets of expansion and warned against disarmament hoaxes while labeling Moscow the more aggressive and dangerous power.
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Russia
China
United Nations
UPS
Peking
Europe
Huang Hua
United States
Carlos Rafael Rodriguez
Cuba
U.N
Fidel Castro
Huang
Soviet Union
Washington
Zaire
Moscow
Western
Oleg Troyanovsky
U.S
Zbigniew Brzezinski
Andrei Gromyko
Carter
Walter Mondale
General Assembly
Middle East
Africa
Elyria Native Named Yakima Convention Bureau Manager
David A. Yost of Elyria becomes manager of the Yakima Valley Visitors and Convention Bureau and the Yakima Convention Center. A 46 year old former Expo 74 official, he aims to attract conventions to Yakima. He served in the Air Force, taught in Spokane, and holds bachelor’s and master’s degrees in education. He and his wife Carol Jean have three children.
MENTIONED IN THIS ARTICLE
Elyria
David A. Yost
Yakima
Wash
Valley
Yakima Convention Center
Yost
Washington City
Spokane
Washington State Commission
Air Force
Whitworth College
Expo Commission
Carol Jean
Moroccan child labor in carpet factories report
The Anti-Slavery Society in London accuses Moroccan firms of employing boys and girls as young as seven for up to 72 hours weekly with little pay. The group released a 72 page report alleging the practice fuels Morocco’s carpet exports to the United States Canada West Germany Holland Sweden France and Belgium.
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London
Morocco
United States
Canada
West Germany
Holland
Sweden
France
Belgium
Wall Street Slides on Inflation and Rates Pressure
Opening in New York sees the Dow Jones 30 slip 1.74 to 829.95 in early trading. The market trends lower as inflation and higher rates weigh, with NYSE losers ahead of gainers. Memorial Day closings keep activity muted as many institutions, including New York banks, are closed.
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New York
Crackdown fails to halt traffic deaths during holiday
The Nationwide 55 mph speed limit crackdown did not stop highway fatalities over the Memorial Day weekend. State patrols joined in. United Press International counted at least 485 traffic deaths since Friday night, with over 100 drownings in the warm three days. The National Safety Council predicted 40 to 500 deaths for the period.
MENTIONED IN THIS ARTICLE
National Safety Council
United Press International
Philly inmates escape from Holmesburg Prison by roof and wall
Seven inmates escaped Holmesburg Prison Monday night after holdup suspects wearing similar clothing were linked nearby. They reportedly broke through a skylight in A block, climbed to the roof, dropped into the courtyard, then used a rope to scale the front wall near the main gate, marking the first wall escape in 30 years.
MENTIONED IN THIS ARTICLE
Philadelphia
UPI
Holmesburg
Greece and Turkey renew Cyprus talks at Blair House
Greece Prime Minister Constantine Caramanlis and Turkish Premier Bulent Ecevit renewed their summit level dialogue to resolve Cyprus and Aegean differences. They planned a further high level meeting for early July after two hour talks at Blair House.
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Washington
UPI
Greece
Turkey
Cyprus
Aegean Sea
Constantine Caramanlis
Bulent Ecevit
Montreaux
Switzerland
Blair House
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