GE Seeks Stronger Services Base With RCA Merger
GE plans a $6.28 billion purchase of RCA to expand its service and technology units, aiming to reduce reliance on slow-growing appliances and locomotives. The deal would create a major defense and media footprint with NBC and RCA interests, subject to stockholder and regulator approvals.
MENTIONED IN THIS ARTICLE
New York
General Electric Co
RCA Corp
John F. Welch Jr
RCA
Welch
Fairfield
Conn
Howard Metzembaum
D-Ohio
Ralph Nader
National Broadcasting Co
NBC
Defense
TV exit polls clash with state over early projections
In Tacoma Washington AP reports the news media and state government face off in court over how far regulation can go on exit polls and early presidential projections. The trial tests networks analyses of precincts and pre close polls, with past decades showing winners named before Pacific time polls close. The case could reshape election coverage nationwide.
MENTIONED IN THIS ARTICLE
Tacoma
Wash
Washington
Farm Bill approved by negotiators after eight days
Congressional negotiators ended eight days of bargaining to approve a costly long term farm policy aimed at supporting farmers until competitiveness returns. The package totals about 125 billion dollars over three years, including 52 billion for price and income supports and programs from credit to research and food aid. The deal also includes an 18 month dairy buyout to curb milk overproduction and modest improvements to food stamp provisions for working poor families.
MENTIONED IN THIS ARTICLE
Washington
Congressional
House
Senate
White House
Reagan
Robert Dole
Kan
U.S
Dole
Guilt and insecurity shape Christmas gift choices
TEMPE Ariz AP The size and value of gifts may reflect the giver s guilt and insecurity says marketing expert Peter Reingen of Arizona State University Some giving is unselfish but excessive gifts can cause hostility and advertisers exploit feelings of inadequacy in holiday ads People may buy to project an image especially when employees gift bosses and spouses judge adequacy by costlier presents
MENTIONED IN THIS ARTICLE
Tempe
Ariz
Peter Reingen
Arizona State University
College of Business
Reingen
Little Johnny
Also Mentioned on This Page
Utah International Inc
Family Financial Services
General Electric Credit Corp
White Swan
Marlene’s Clothing
Bluefield
Rodriguez Funeral Home
Wagner Graham Funeral Home
South College Avenue
Virginia
Pocahontas
Frank M. Rodriguez
Philip Fritz
Yione
Isanta
Remembrance” Bath
Ames
Pfaltzgraff
I Mercer Mall
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