Word: dow
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...midweek the "fresh start" fizzled. Democratic Congressman James Scheuer, who heads one of the six congressional panels investigating the agency, charged that Hernandez personally intervened to allow Dow Chemical Co. to edit a July 1981 agency report about dioxin contamination of two rivers and a bay near its Midland, Mich., plant. EPA officials agreed to Dow's suggested deletions of critical passages linking the deadly poison to fertility problems and birth defects, as well as the conclusion that "Dow's discharge represented the major source, if not the only source, of [dioxin] contamination" in the waterways...
Testifying before the House Public Works Oversight Subcommittee, Hernandez acknowledged that he urged Valdas Adamkus, head of the EPA's Midwest regional office, to hear Dow out on the report but denied ordering him to let company officials make changes. In a stunning public break with his bosses, however, Adamkus testified on Friday that his staffers had been "forced" by Washington headquarters to strike out the passages. Hernandez was angry that the Midwest office had prepared the report in the first place, Adamkus said, and was "denouncing our report and calling the work of our regional people 'trash...
...When the Dow surges, a recession's days are numbered
...financial markets into turmoil. Gold, a favorite inflation hedge, plunged to $408.50 per oz., down nearly $100 in eleven days, before rebounding a bit to $415 at week's end. On Wall Street, the prospect of a brisk economic recovery unleashed another stampede in the stock market. The Dow Jones industrial average closed at record highs on four consecutive days, finishing the week at an alltime peak...
...Wall Street, the stock market took off, although the rise was fueled not only by the news of falling oil prices but also by other signs that the U.S. economy was well on the way to recovery. On Thursday, the Dow Jones industrial average closed above 1100 for the first time in history. The week's crop of favorable economic news included a prime-rate cut from 11% to 10½% at several big banks, and a Labor Department report that the Consumer Price Index had risen at an annual rate of just 2.1% in January...