What happened on August 11, 1992?

Headlines from August 11, 1992

• 🌍 Olympic Success in Barcelona – Barcelona celebrates a successful Summer Olympics, with residents feeling proud of their hosting efforts and the event's positive impact.
• 💰 Bush and Rabin Loan Deal – President Bush and Israeli Prime Minister Yitzhak Rabin agree on $10 billion in American loan guarantees during talks.
• 🔬 Synthetic Hormone Concerns – Congressional investigators recommend delaying approval of a genetically engineered hormone for cows due to health concerns.
• 📚 Barnes & Noble Stock Sale – Barnes & Noble plans to sell over $100 million in stock to finance expansion of its superstores and mall outlets.
• 🌱 Bacteria Munch Uranium – Scientists discover a bacterium that efficiently absorbs uranium and converts it into a safe crystalline solid.
• 📈 Procter & Gamble Earnings Rise – Procter & Gamble reports a 12% increase in fourth-quarter net income, driven by product sales in Europe.
• 📰 Health Care Reform Rejected – President Bush's administration rejects Oregon's proposal to expand health care coverage for over 400,000 residents.
• 📊 Yield on U.S. Bonds Low – The yield on the 30-year Treasury bond drops to its lowest level in five and a half years, signaling market trends.
• 🏦 Sallie Mae Debt Pricing – Sallie Mae prices $631 million in debt securities to support student loan purchases.
• 🌍 Cholesterol Research Update – Researchers find that very low cholesterol levels may also pose health risks, complicating previous understandings.