US relaxes export rules for high speed business computers
Washington AP The Clinton administration loosened export restrictions on high speed business computers, a move applauded by the computer industry as boosting overseas sales to stay competitive. Industry leaders call it a short term fix, noting rapid tech advances. The policy doubles the export speed limit to 28 000 mtops for sales abroad to India Pakistan the Middle East the former Soviet Union China Vietnam and Central Europe.
MENTIONED IN THIS ARTICLE
Washington
Clinton
White House
U.S
Lou Gerstner
IBM Corp
Computer Coalition For Responsible Exports
India
Pakistan
Middle East
Soviet Union
China
Vietnam
Europe
Goldilocks economy hailed as July jobs steady at 4 percent
Economists call the July unemployment rate of 4 percent near a 30 year low as manufacturing recovery cushions a Census job loss of 290,000. Private payrolls rise 138,000 while total payrolls fall 108,000. Wages up 0.4 percent to 13.76 an hour. Labor Secretary Herman and Vice President Gore campaign amid the solid data. The Fed may see grounds for a soft landing with slower growth ahead.
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Washington
Labor Department
Goldilocks
Federal Reserve
Robert Dederick
Northern Trust Co
Chicago
Wall Street
Bill Cheney
John Hancock Financial
Boston
Clinton
White House
Alexis Herman
al Gore
Ing
Jerzy Jasinowski
National Association of Manufacturers
Eet
Fed
Stocks Rise Modestly After Employment Report
U S stocks fluctuated for a second straight day and closed higher as July employment data suggested the job market may be easing. The Dow rose late to 10,767.75, the Nasdaq gained 27.48 to 3,787.36, and the S P 500 advanced 10.37 to 1,462.93. Analysts noted volatility from mixed signals, with unemployment steady at 4 percent despite 108,000 payroll losses mainly from census work. Private payrolls rose 138,000, hinting Federal Reserve rates may hold. Banking, finance and select tech shares led gains while big names like Intel and Merck declined.
MENTIONED IN THIS ARTICLE
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Arch Coal
Ashland Oil Inc
BP Amoco
Baker-Hughes Inc
Constell Energy
Bank OF America
Verizon
Bellsouth Corp
Bethlehem Steel
Boeing CO
Viacom
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Energy
HCA Healthcare
Corning
Suntrust
CSX Corp
CVS Corp
Daimlerchrysler AG
DTE Energy
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Mobil
First Union Corp
1St Virginia Bank
Flowers Industries
FMC Corp
Delhaize America Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Georgia Pacific
Gillette
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp. Ups
Nash Finch CO
Navistar Int'l
Nike, Inc
Norbols Southern A OY
Norfolk Southern
Occidental Pete
BB &T
Pepsico Inc
PECO
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's
Southern CO
Tenneco Inc
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
New York
Standard & Poor
Labor Department
Federal Reserve Board
James Meyer
Janney Montgomery Scott
Philadelphia
J.P. Morgan
Merrill Lynch
Ciena
Oracle
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RON Campbell Investment Planning
Raymond James Financial Services
Meto
Department of Labor
Yahoo
Intel
Merck
Tire Service
Bluewell
Alicia Fox
Oakwood
Bluefield
Bluefield of Telegraph
Reesenks
Chicory Square
Dayna Itute Set
Greenbrier
Nokia
Cellular One
Redken
Bobbi
Douglas Sporting Goods
Chevrolet
Diamond Land
Heilig- Meyers
Lilly’s Jewelers
AAA
Ramey Princeton
Stihl
Country Power
Ross Jewelers
Empire Gold
Leslie Ann’s
Bernard’s
Kammer Furniture
T&t Pontiac
Ercoline Nissan
One Valley Bank
First Century Bank
Wall Mirror
Bluestone
Bluefield Daily Telegraph
Tomchin Furniture
Core
First Community Bank
Ace Adventure