What happened on January 18, 1963?

Headlines from January 18, 1963

• 🏗️ New Mine Discovered – A significant salt mine is found in Louisiana, potentially capable of supplying the world for centuries.
• 🏦 Peterson Takes Over – Vice President Peterson is appointed to lead Bank of America, expected to succeed the current president next fall.
• ⚖️ Robert F. Kennedy Case – Attorney General Robert F. Kennedy argues his first case in a Georgia voting rights suit.
• ✈️ Boeing, Lockheed Research – Boeing and Lockheed are selected for a research project on supersonic transport designs, each receiving $500,000.
• 🌍 France Rescues Talks – France's allies work to salvage market talks amid tensions, with De Gaulle's aide stating Britain is not wanted.
• 📈 American Motors Sales – American Motors reports record sales with a profit of over $12 million for the quarter.
• 💼 Norstad's New Roles – General Norstad is appointed director of Owens-Corning and president of its international division.
• 💰 Kennedy's Budget Plan – President Kennedy outlines a budget plan aimed at stimulating the economy, projecting a deficit of $11.9 billion.
• 📊 Tax Cut Urged – Sorensen calls for swift action on a tax cut bill to create jobs and reduce business hostility.
• 🏨 Paraguay Modernizes – Paraguay showcases modernization efforts with a new 14-story hotel featuring a pool and nightclub.