What happened on August 14, 1973?

Headlines from August 14, 1973

• ✈️ Spanish Jet Crash – All 85 aboard a Spanish Caravelle airliner were killed when it exploded and crashed near La Coruna, Spain.
• 📉 DOW Jones Tumbles – The DOW-Jones index fell by 9.18 points amid fears of rising interest rates and prices.
• ⚓ Naval Clash – Israeli and Egyptian naval vessels exchanged fire in the Gulf of Suez, escalating regional tensions.
• 🎭 Skylab Crew Tests – Astronauts aboard Skylab tested a maneuvering pack, showcasing advancements in space technology.
• 🏦 U.S. Unit on Indian Rights – The U.S. Justice Department established a new office to protect the civil rights of American Indians.
• 📈 Business Inventories Climb – Total business inventories in the U.S. rose by $2.6 billion in June, marking a record increase.
• 🌍 Marcos Appeals to Moslems – Philippine President Marcos urged cooperation from Moslems, pledging aid to develop their homelands.
• 📰 Cox Denies Nixon's Role – Watergate prosecutor Archibald Cox argued that President Nixon cannot judge the release of White House tapes.
• 📅 Household Income Rise – U.S. median household income increased by 7.4% in 1972, reaching $9,700.
• 🏦 Pennsy Gets Loan – The Penn Central Transportation Company secured a $17.7 million emergency loan to avoid bankruptcy.