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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 28, 1990
Page
5
The report notes a 1.8 percent first quarter decline in GNP followed by resumed growth. It cites a 87 month expansion, inflation at 3.6 percent, and revised trade data with exports up 8.6 percent and imports up 2 percent. Analysts warn on possible deterioration and broad effects this year.
Textile billionaire Roger Milliken agrees to transfer 520 shares of Milliken & Co. stock to Delta Woodside executives Erwin Maddrey and Bettis Rainsford in Greenville. He fights release of the companys financial statements as a confidential stock move is disputed. Strouds sue to monetize their 17 percent stake valued around $500 million per Forbes estimate.
Ed Gottfried of the U S Trade Representative notes Thai polyester yarn exports face potential U S quotas under the Multi Fiber Arrangement. He cites a 1984 counting error leading to embargoes and a Thai industry recession, urging negotiated limits rather than unilateral actions.
The DOE in Richland delayed comment as a panel reviews a major study of Cold War era radionuclide releases from Hanford. Dr. John Till urged funding for the Technical Steering Panel to come from outside the Energy Department, while Battelle Pacific Northwest Laboratory leads the panel’s work.
Jay Hyde of Rep Tagerfield's PRI Resolved to Improve and Dove Education says DOE pays far less than taxed rates. The group plans to meet DOE to discuss funding alternatives for the school system.
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