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Dateline: Events/Headlines - Week of April 25, 1988 In News, Pop Culture, Tech, Celebrity, Entertainment & Fascinating Facts

 

In The News

Jerusalem - Retired U.S. auto worker John Demjanjuk is sentenced to death by hanging for killing thousands of Jews at the World War II nazi concentration camp in occupied Poland, where he became known as “Ivan the Terrible.”

Atty. Gen. Edwin Meese III says that he would “like to see the day” when every person arrested is subjected to a urine test.

Shift of policy - The White House says the aim of U.S. policy in Panama is to oust Brig. Gen. Manual A. Noriega from power but not necessarily drive him from the country.

Soviet leader Mikhail S. Gorbachev meets the leader of the Russian Orthodox Church and says the Soviet state has made tragic mistakes in its past treatment of Christmas. He also said believers “have the full right to express their conviction with dignity” and pledged the state would not interfere, according to Tass.

The government’s chief forecasting gauge of future economic activity shot up .8% in March, pointing to continued growth for the rest of the year according to the Commerce Department.

The federal government orders inspection of old Boeing 737’s for cracks in the upper fuselage. This after a structural failure in the fuselage of an Aloha Airlines 737 after its roof was ripped open. 60 people were injured and a stewardess was sucked out of the cabin to her death.

The U.S. economy grew at a respectable 2.3% annual rate in the first three months of 1988.

 

Fascinating Business News – April 25, 1988

General Motors is dropping Firestone Tire as a supplier of tires for new GM cars and trucks, which account for about 20% of  Firestone’s U.S. production. GM says it was part of their ongoing supplier-rationalization study.” GM says they’ve got four other tire suppliers – Genera, Goodyear, Michelin and Uniroyal-Goodrich. Separately, Firestone shareholders will vote on a $2.6 billion buyout offer from Bridgestone. Corp of Japan. 

Comcast and Tele-Communications agree to acquire the cable systems of the former Storer Communications for about $1.55 billion.

Michael Milken – king of “junk” bonds refuses to answer questions from a congressional subcommittee investigating a $145-million fund that allegedly invested in bond issues before they were distributed to the public. 

 

Sports news – April 25, 1988

 Manager Frank Robinson is taking blame for the Baltimore Orioles incredible losing streak – where they have lost a record of 20 consecutive games.

 

Music news – April 25, 1988

A Los Angeles Superior Court judge removes Janie Williams as trustee of her 16-year-old daughter’s $100,000 trust fund. The daughter is teen singing sensation Tiffany.

A federal jury in White Plains, NY rules that Mick Jagger did not steal his 1985 hit “Just Another Night” from Patrick Alley, a Jamaican-born musician from the Bronx.

The number of pre-recorded music on records, tapes and the new CD format jumped by more than 14% in 1987. Total number of units sold last year – 706.8 million up from 618.3 million in 1986.

The 1987 performance is the industry’s best since peaking in 1978 at 762.1 total units.  Last year’s dollar volume was the industry’s highest ever - $5.57 billion, compared to $4.65 billion in 1986. For the first time, the dollar volume of compact disc sales in 1987 exceeded those of record albums. CD’s did $1.60 billion last year compared to $930 million for LP’s. 

Mick Fleetwood of Fleetwood Mac marries longtime girlfriend Sara Recor. Attending the ceremony – Dave Mason, Dick Clark, Alit MacGraw and Lindsey Buckingham among others.

 

Radio news – April 25, 1988

Noble Broadcasting purchases KMJQ in Houston for $65 million – the largest price ever for a single U.S. radio station (so far).

 

Television news – April 25, 1988

Magnum P.I. bids viewers a farewell this week as the last first-run episode in eight years is broadcast .

This year’s fastest growing cable channel? The Discovery Channel and its dose of nature programs. Said one executive – “If it can eat you, the ratings go through the roof.”

CBS blames the delay on the writer’s strike for its decision to delay the start of the fall season.

 

Friday night television listings/TV guide – April 25, 1988

CBS- Beauty and the Beast, Dallas, Falcon Crest

NBC – Down and Out with Donald Duck, Highwayman, Miami Vice, Tonight

ABC – Perfect Strangers, Full House, Mr. Belvedere, Family Man, 20/20, Nightline

PBS – Washington Week, Wall St. Week

MTV – Top 20 Video countdown, Friday Night Rock Blocks

Bravo – Mr. Drums: Buddy Rich and his Band

WTBS – Night Tracks

 

Dallas – J.R. tells Sue Ellen she will never see her son again.

 

Top movies – April 25, 1988

Beetlejuice

Casual Sex?

Colors

Above the Law

Return to Snowy River

Biloxi Blues

Lady in White

Permanent Record

The Last Emperor

World Gone Wild

 
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