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Police are continuing to investigate a Monday accident in which two children were killed and their mother seriously injured after a car hit them in a crosswalk.
Petroleum futures prices sold off sharply in heavy trading Thursday on the New York Mercantile Exchange, partly because delivery problems in Europe left dealers with supplies they could not sell.
Petroleum futures tumbled Monday after OPEC ministers said they would accept lower prices to maintain their share of the world oil market.
Republic American Corp. said its net income fell 44% to $7.4 million, or 33 cents a share, in the first quarter ended March 31 compared to $13.1 million, or 66 cents a share, a year earlier.
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Increased competition from foreign producers led to heavy selling in wheat futures prices that sparked a decline in grain and soybean futures prices Thursday on the Chicago Board of Trade.
Time Inc. took another step Thursday in its 3-month-old cost-cutting program by announcing that it will lay off 136 editorial and business employees from its magazine division and freeze hiring throughout its New York operations.
Last year the UCLA women's gymnastics team missed winning the national collegiate championship by half a point, finishing second to the University of Utah.
Phillips Petroleum, citing the cost of a restructuring it undertook to escape from two hostile takeover bids, said earnings tumbled 45.1% in the first quarter of 1985 from a year earlier.
U.S. auto makers reported one of their steepest sales declines for the year Wednesday as new car sales slipped 23.5% in mid-April from the same period a year ago.