Federal Reserve ups bank lending rate to 11 percent
The Federal Reserve Board raised its key bank lending rate from 10 to 11 percent, signaling tighter money to curb inflation. The move could slow economic recovery, affecting housing and auto sales, while banks raise prime rates and mortgage costs rise nationwide.
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Thorny topics loom at bishops synod opening
Pope John Paul II opened the World Synod of Bishops in the Sistine Chapel with a Latin Mass as 216 of the church's 3,000 bishops along with 10 experts and 438 listeners gather for a month long consultative session on family life amid debates on birth control abortion and divorce. Mother Teresa attended as an expert alongside archbishops from Argentina India and Africa. The theme centers on The tasks of the family in the world of today and the church aims to offer guidance while upholding traditional teaching. The rhythm method of birth control received Vatican approval.
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Senate stalls on 1981 tax cut before elections
Washington news reports the Senate 54 to 38 vote to consider a $40 billion tax cut after the November 4 election. The plan would offset the upcoming $86 billion tax rise for 1981, with Republicans pressing for a vote before the election and Democrats wary of political gambits. President Carter favors a post-election push with his own $27.6 billion plan.
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Federal survey finds high sexual harassment in government
Nearly 300000 women or 42 percent of federal workers report harassment from coworkers ranging from jokes and dating pressure to touching and letters. Men also report 15 percent experiencing harassment. Ruth Prokop cites under 35 and college-educated women as most affected. Rep Hanley calls such behavior unacceptable.
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New Bahama Islands themed restaurant planned in Elyria
Construction has begun on a new downtown Elyria restaurant with six partners led by Robert Glover Jr of Century Homes. It will occupy the southeast corner of Montmartre Mail on Broad Street, seating about 95 with a Bahama Islands theme, thatched booths, a fireplace and an aquarium. The opening target is before Thanksgiving and a chef has not yet been appointed.
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Led Zeppelin Drummer Bonham Found Dead in England
John Bonham known as Bonzo the drummer for Led Zeppelin is found dead in bed at a Windsor area riverside mansion after heavy drinking following a late rehearsal. Police report no suspicion and no note. autopsy due today. Band cancels U.S. tour with two October shows sold out. Bonham, 32, joined Led Zeppelin in 1968 after leaving the Yardbirds and lived with his wife Pat and two children in Worcestershire.
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Cuban refugees moved to Fort Chaffee consolidation camps
About 289 Cubans from Eglin AFB arrived at Fort Smith airport and were bused to Fort Chaffee as government plans consolidate 6600 hard to place refugees. Arkansas AG Clark questioned legality, arguing no authority to detain without proper status. Governor Clinton said to forward concerns to federal authorities.
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Mars volcano signals life chance raise by Viking photos
Lowell Observatory scientist Leonard Martin announced Viking photographs from July 1978 show a moving cloud and shadow near Mars suggesting an active steam vent or geyser. If real, volcanic activity could supply water and conditions possibly favorable to life, and might revise geological dating of Martian features.
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Synthetic anti parasitic drug may aid transplants
Case Western Reserve University Medical School researchers report a synthetic anti parasitic compound named TCI may prevent immunological diseases and transplant rejection. If human testing succeeds it could help hundreds of millions in tropical disease regions and illuminate multiple sclerosis and liver cirrhosis research. The compound acts as a regulatory agent shaping immune responses.
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Cleveland
Case-Western Reserve University Medical School
Leslie T. Webster, Jr
University
Webster
Ohio Lottery numbers a Thursday drawing results
In Cleveland UPI reports this week’s Ohio Lottery winners. The Daily Number is 348 with ticket sales at 681866.50 and a payoff due of 388838.50. Additional results include Pyramid Two Digit 72 and sets for Three Digit 395, Four Digit 3461, Lucky Buck Two Digit 92, Three Digit 911, Four Digit 0370, Five Digit 28606 and Six Digit 785198.
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