SEARS TO RESHAPE BUSINESS AND SELL TOWER IN CHICAGO
LEAD: Amid a recent wave of multibillion-dollar takeover bids, Sears, Roebuck & Company today announced a broad restructuring plan intended to improve its financial performance.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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LEAD: Amid a recent wave of multibillion-dollar takeover bids, Sears, Roebuck & Company today announced a broad restructuring plan intended to improve its financial performance.
LEAD: The Federal Reserve and the Bank of Japan intervened to defend the dollar yesterday, sending the first signal of concern about its sharp devaluation of the last three weeks.
LEAD: Charles Schwab & Company, the discount brokerage firm, said today that it might take a one-time charge of $1 million to $2 million to reimburse customers for profits taken from the unauthorized trading of customers' shares.
LEAD: In campaign advertisements broadcast on radio stations whose audiences are largely black, Gov. Michael S. Dukakis denounces the urban terror caused by illegal guns and charges that ''in George Bush's Washington, they just say 'no' to gun control.'' But in the Dukakis campaign's television commercials broadcast in Texas, an announcer says: ''One candidate for President has voted for Federal gun control.
LEAD: IN an effort to determine if radiation from nuclear bomb factories or nuclear power plants has harmed nearby residents, Federal scientists have begun some of the most thorough and far-reaching studies ever made of the health effects of radiation leaking into the environment.
Music on My Birthday
The Top 50 albums for the chart week of October 26, 1988, covering November 1, 1988.
Bon Jovi
Guns N' Roses
Soundtrack
Def Leppard
Bobby McFerrin
1988Masahiro Tanaka, Japanese baseball player[†]
Masahiro Tanaka is a Japanese professional baseball pitcher for the Yomiuri Giants of Nippon Professional Baseball (NPB). He has previously played in NPB for the Tohoku Rakuten Golden Eagles and in Major League Baseball (MLB) for the New York Yankees.
In 1988, the world population was approximately 5,141,992,542 people[†]