What happened on November 13, 1996?

Headlines from November 13, 1996

• ✈️ Midair Collision Tragedy – A Saudi Arabian jumbo jet collided with a Kazak Airlines plane near New Delhi, killing all 351 aboard, marking a historic aviation disaster.
• 💼 Clinton Softens Budget Stance – President Clinton indicates he may not resist a constitutional amendment to balance the federal budget amid political realities.
• 🏀 Hall of Fame Nominees – Denise Curry and Joan Crawford are nominated for election to the Basketball Hall of Fame, recognizing their significant contributions to the sport.
• 📈 Dell Reports Earnings Surge – Dell Computer Corporation announces a 93% net gain in quarterly earnings, exceeding analysts' expectations and showcasing its market success.
• 🏦 AXA Acquires UAP – French insurance giant AXA announces a $9.02 billion acquisition of rival UAP, creating the world's largest insurer by assets.
• 🌍 U.S. to Boost China Trade Talks – The Clinton Administration plans to accelerate discussions on China's entry into the World Trade Organization, emphasizing market openings.
• 📊 Governors Report Fiscal Health – The National Governors' Association reports that states are in good fiscal condition, preparing for increased responsibilities in welfare programs.
• 📉 Allied Domecq Earnings Drop – Allied Domecq P.L.C. reports a 10.8% drop in pretax profit for the year ending August 31, indicating financial challenges ahead.
• ⚖️ Supreme Court Case on Assisted Suicide – The Clinton Administration urges the Supreme Court to rule against the constitutional right to doctor-assisted suicide for terminally ill patients.
• 🌾 Wheat Prices Surge – Wheat prices rise sharply after the Agriculture Department revises forecasts, indicating reduced stockpiles due to increased demand.