GM Urged To Recall 1.75 Million A-Body Cars
The National Highway Traffic Safety Administration urged GM to recall 1.75 million 1982 through 1984 front wheel drive A-body cars including the Oldsmobile Cutlass Ciera Pontiac 6000 Chevrolet Celebrity and Buick Century after nearly 450 reports of brake lockups. The issue mirrors earlier X-body lawsuits and GM faces a government push to fix the brakes.
MENTIONED IN THIS ARTICLE
Washington
U.S
General Motors
National Highway Traffic Safety Administration
NHTSA
Higher VA loan origination fee could curb veterans mortgages
The Mortgage Bankers Association warned a 5 percent VA loan origination fee proposed by President Reagan could force lenders to stop offering VA loans. If enacted, bankers say many would severely limit VA lending, shifting costs to veterans and raising taxes by other means. The fee would fund VA foreclosure costs amid a projected $406 million deficit, with impacts estimated at about 225,000 veterans helped in 1986 but potentially 3,000 more out-of-pocket on a typical loan.
MENTIONED IN THIS ARTICLE
Washington
Elizabeth Dole
Conrail
Norfolk Southern Corp
Norfolk Southern Conrail
Boston
Montreal
Canada
Jacksonville
Fla
New Orleans
Kansas City
Chicago
Milwaukee Road
Soo Line Railroad
U.S
Thomas McMillen
Chicago & North Western Transportation Co
McMillen
Midwest
Interstate Commerce Commission
Soo Line
C&nw
Mortgage Bankers Association
Veterans Administration
Reagan
Congress
Robert J. Spiller
Lenders’ Group
MBA
Spiller
Boston Five Cents Savings Bank
U S and Japan Forge Broad Joint Ventures
The article notes Canon and Eastman Kodak forming a partnership while GM and Toyota begin local car production as part of a surge in U S Japan joint ventures across steel banking design aircraft and computing. It predicts a future of growing U S A Japan Inc collaboration.
MENTIONED IN THIS ARTICLE
Canon Inc
Eastman Kodak Co
General Motors
Toyota
U.S
U.S.A
Japan, Inc
Bankers Trust Promotes Spears To Assistant VP
Jeffrey P. Spears promoted to assistant vice president at Bankers Trust. He is branch manager of the Aiken main office and joined the management associates program in 1982. A Shelby North Carolina native, he is USC business graduate and serves in banking education and local board roles.
MENTIONED IN THIS ARTICLE
Jeffrey P. Spears
Bankers Trust
Spears
Aiken
Bank
Management Associates
Shelby
N.C
University of South Carolina
American Institute of Banking
Tri-Development Center Board
Aiken Kiwanis Club
Aiken County United Way
Barbara M. Johnson
South Carolina National Bank Board of Directors
Ms. Johnson
SCN
Athens
Aiken High School
Data Processing Management Association
Southeastern IV Users Group
Jacqueline B. Johnson
Academy
Raymond P. Holley
Aiken County
Cently
South Carolina Criminal Justice Academy
Columbia
Holley
Helen S. Eubanks
Social Security Administration
U.S
Eubanks
Aiken Social Security Office
Allendale
Barnwell
Paula B. Daniel
P.O. Box
S.C
Nation's Inventors Exposition Showcases Odd and Practical Inventions
At the 13th National Inventors Exposition in Washington dozens of displays mingle quirky ideas with utilitarian devices. Major firms like General Motors and Hughes Aircraft present plastics and satellite tech while small inventors show a carport that unfurls over a parked car and an artificial Christmas tree that snows. A Canadian Kelley Amazing Grate promises wood savings. 3M Cochlear Implant debuts as a landmark artificial hearing device approved by the FDA.
MENTIONED IN THIS ARTICLE
Washington
Bruce Gray
U.S. Patent and Trademark Office
Trademark Office
General Motors
Hughes Aircraft
Dupont
Black and Decker
Food and Drug Administration
NCNB Defends South Africa Loans Amid Criticism
NCNB chairman Hugh McColl Jr. defends South Africa loans as creating jobs and progress while rejecting the idea that investment approves apartheid. Critics from church groups and pension funds urge curbs, noting the bank’s high exposure in South Africa. McColl cites large capital projects and compares the country to America 100 years ago.
MENTIONED IN THIS ARTICLE
Charlotte
Ncnb National Bank
South Africa
Hugh McColl Jr
Charlotte-based
Ncnb Corp
United Methodist Church
General Board of Trustees
NCNB
American Baptist Churches
U.S.A
New York City
Independent Investor Responsibility Re
Washington
McColl
America
Bennettsville
S.C
Also Mentioned on This Page
Norfolk Southern
New York
Conference Board
New Brunswick
N.J
Johnson & Johnson
Robert V. Andrews
Tate & Lyle
J&j
Pontiac
South Korea
General Motors Corp
J. Michael Losh
Daewoo
Losh
Europe
Stroh
Detroit
Stroh Brewery Co
Peter W. Stroh
Stroh Brewery
Valentine
Richard Weidman
The
Vietnam Veterans of America
Paula Daniel
the Naisbitt Group
Washington, D.C
John Naisbitt
Johnson
Chiropractic
J.B. Hamrick
Park Ave
Deadbolt
Dixie Lock & Safe
Whiskey Rd
Mitchell Shopping
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