News stories from Sunday February 14, 1971

Summaries of the stories the major media outlets considered to be of particular importance on this date:

North Vietnam attacked a base and the U.S. CIA headquarters in Laos. American bombers, called in to help halt the attack, accidentally bombed the base and caused more damage. The base is now surrounded by North Vietnamese forces. [CBS] South Vietnam continued to attack in Laos and captured a portion of the Ho Chi Minh Trail with little North Vietnamese resistance. The commander of the Laos operation stated that South Vietnamese forces will remain in Laos until North Vietnam's use of the trail is paralyzed, but South Vietnam President Thieu insists that the operation is of limited duration. [CBS] Red Chinese radio reported mass demonstrations in Peking in protest of the Laos operation. [CBS] Major oil companies signed a five-year agreement with Persian Gulf oil producing nations. Those nations will gain $1.2 billion from the agreement this year and $3 billion by 1975. [CBS] There was a series of clashes between Palestinian guerrillas and Jordanian forces in the eastern suburbs of Amman. Guerrillas are convinced that the Jordanian army is out to destroy them. King Hussein wants peace with Israel; the guerrillas want to destroy Israel. [CBS] Steven Abney, the last American citizen known to be held in a Soviet jail, was released from his three-year drug smuggling charge. [CBS] Congressional investigators accused two former officials of the bankrupt Penn Central Railroad of manipulating the company's assets and credit to generate a 500% profit for their private stock investment club. [CBS] The Labor Department announced that negotiators for the railroad and airline clerks union have reached a contract agreement with the nation's major carriers. The UTU is the only union yet to agree to a new contract. [CBS] Britain begins using new decimal currency tomorrow. Banks were closed Thursday and Friday to change accounts to the decimal system. The cost of the transition is estimated at $480 million. The British postal strike prevented the delivery of currency information to families. [CBS] Arnold Palmer won the Bob Hope Desert Classic golf tournament. Vice President Agnew continued to play today after hitting three spectators yesterday. [CBS]