What happened on April 4, 1981?

Headlines from April 4, 1981

• ✈️ Olympic Airways Credit – Olympic Airways signed a $140 million credit package for three Airbus A300-b4 planes, marking a significant financing agreement.
• 🚗 G.M. Price Increase – General Motors announced a 3.5% price increase on its 1981 cars despite a weak automobile market.
• 📊 Reagan's Consumer Policy – President Reagan's consumer chief noted a shift towards consumer education and reduced federal activism.
• 🏭 Canada Ford Reopening – Ford of Canada announced the reopening of its Windsor casting plant, recalling 100 employees this month.
• 📉 Xerox Cuts Fees – Xerox reduced rental prices for its copiers, aiming to compete with Japanese manufacturers.
• 🏀 Blazers Overtime Win – The Portland Trail Blazers defeated the Kansas City Kings 124-119 in overtime, evening their playoff series.
• 🧬 Spermicides and Birth Defects – A study links the use of spermicides for contraception to increased risks of birth defects or spontaneous abortion.
• ✈️ Plane Weather Injuries – A United Airlines jetliner dropped 2,000 feet, injuring 22 people, including one with a broken hip.
• 📈 Fotomat Cuts Losses – Fotomat Corporation reduced its quarterly loss significantly, reporting a rise in sales.
• 🔧 Chrysler Motor Assurance – Chrysler stated there is no evidence of excessive oil consumption issues in its vehicles.