Weather outlook shows scattered showers and warm highs
The National Weather Service forecasts showers in parts of Washington, Oregon, Idaho, and a broad band from Colorado to Illinois and Minnesota, with Texas to South Carolina also affected. Daytime highs reach above 100 in Arizona, Nevada, and California, while the northeast Maine remains under 60. Next two days bring 80s. mountain temperatures about 10 degrees cooler.
MENTIONED IN THIS ARTICLE
National Weather Service
Washington
Oregon
Idaho
Colorado
Ilinois
Minnesota
Texas
South Carolina
Arizona
Nevada
California
Maine
American Robot carves niche in global robotics push
Romesh Wadhwani-led American Robot, a private Pittsburgh firm, reports tripling revenues yearly and securing a $20 million Ford equity and research deal. It aims for profitability by year end while expanding into Japan with Daikin Industries licensing Merlins. The company touts CIM driven software and hardware integration as its edge over lower-cost competitors.
MENTIONED IN THIS ARTICLE
Pittsburgh
American Robot
Ford Motor Co
Japan
Koppers
BMW
Ford
Equity Partners
Romesh Wadhwani
Bombay
India
Linda Conigliaro
Prudential-Bache Inc
Wadhwani
Gerald Michael
Arthur D. Little Inc
Robot Industries Association
American Robot Board
United States
Daikin Industries
Far East
Merlin
Bell Labs
Texas Air to buy Trans World Airlines in $793.5 million deal
Texas Air Corp the parent of Continental Airlines agreed to acquire Trans World Airlines for cash and securities valued at 793.5 million. TWA will become a wholly owned subsidiary with its identity and management preserved, boosting fleet size and access to European cities while fending off Carl Icahn's takeover bid.
MENTIONED IN THIS ARTICLE
NEW York
Texas Air Corp
Continental Airlines
Trans World Airlines Inc
TWA
Texas Air
United Airlines
Carl C. Icahn
Pilots weigh tentative pact as walkout persists
United Airlines pilots study a tentative settlement while insisting they will not end a four week strike without an equitable back to work deal with Uniteds flight attendants. The master executive council reviewed the mediator drafted agreement as flight attendants unions press for a companion accord. Attorneys for both sides faced a judge in a related unfair labor practices case.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
Air Line Pilots Association
John LeRoy
United
Flight Attendants
Michael Abram
Union
U.S
Nicholas Bua
Closing Stocks Readout From Wheat First Securities
The page lists numerous equities with prices and percent changes across diverse sectors, including Acton Crane Hou Oil Tr Mtchl Enrgy Robershaw AlliedCorp Disney Hughes Tool Mohasco Rockwell Intl Amer Brands Dm Pl Humana NatlGypsm SCOAIntl Amerada Dominion Res Ingersoll NatlMnSve Sara Lee Corp Am Hm Prod Duke Power Inexco Newmat MngSony Amer El Pwr Eastern G&F IntlMnris Nik Southern Southern Co Amer Family Eaton Jim Walter NoAmCoal Southern Royal Amf Inc Emprs El York note. The compilation reflects closing quotations and percentage movements for each issue.
MENTIONED IN THIS ARTICLE
Newmat Mng
Sony
Amer el Pwr
G&f
IntlMnris
Nik Sthn
Sthrn Co
Amer Family
Eaton
Jim Walter
NoAmCoal
Sou Royl
Emrs el
Yey
Ohio Edison
Spectra Phy
Ashland Oil
KanebSves
Occidental
Avon
Kirby
AtlasCorp
LTV Co
Taft
Texas
BankAmer
Foster
Litton
BankofVa
FrortMcMr
Transamerica
LaPacific
Trico Ind
UnivLeaf
Clorox
Gif & Wst
McDonalds
Warner Com
Cro Pwr
Hanna Min
MediaGn
Warner Lamb
Celanese
Hecks
Marion Lbs
WN CO NA
Cstl Cp
Mark Control
Wstra UN
CocaCola
Hercules
MesaPetrl
Westnghse
Cal Gas
Hosp Corp
MesaRoys
Whittaker
CombEng
Hous Ind
Msa
Ofshr
WilmsElec
Dow Jones Dips Below 1300 as Market Slumps
The Dow Jones average fell 16.24 to 1290.10 in the heaviest drop of the year amid renewed fears about corporate earnings. IBM and other tech stocks led declines for a second straight day as NYSE volume rose to 107.03 million shares and advancers trailed decliners about 5 to 2. S&P indexes also dropped with the composite and 500 losing 1.18 and 2.28 respectively.
MENTIONED IN THIS ARTICLE
New York
Dow
New York Stock Exchange
NYSE
Standard & Poor
S&p
Lightning research network eyed for nationwide safety
Washington AP reports scientists seek to unite scattered lightning research and information programs into a national network. Federal Coordinator William S. Barney says a plan to coordinate agencies, academia, and industry should start before fall, aiming to speed research results and reduce duplication.
MENTIONED IN THIS ARTICLE
Washington
National Oceanic and Atmospheric Administration
William S. Barney
Barney
Rockville
Air Force
Air Weather Service
National Weather Service
Departments of Defense, Interior, Agriculture and Transportation
National Aeronautics and Space Administration
Nuclear Regulatory Commission
National Science Foundation
National
Norman
Okla
Oklahoma City
Oklahoma
Kansas
John B. Dunning
Federal Environmental Research Laboratories
Retail sales sag amid steady consumer demand
Washington AP report shows May retail sales falling 0.8 percent the sharpest drop since last July while private analysts and the Reagan administration see adequate demand for modest growth. April's 2.4 percent rise lifts the average for April and May to 2.2 percent above Q1, with durable goods slipping but furniture up, and services like eating and drinking places and gas stations posting gains.
MENTIONED IN THIS ARTICLE
Washington
Commerce
Malcolm Baldrige
Commerce Department
Baldrige
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Beckley High
Huntington High
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Clarksburg High
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Elkins High
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Kansas City
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Clr
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N.Y. Times News Service
Wheat First Securities Inc
Issane
Rominan Owe Pepsico
Pittston
Plantronics
PyroEnrgy
Revlon
Ryalds
Robins AH
KaisrAl
Me Stock Exchange
Kroger
AMR
At&t
NYNEX
BellSou
BorgWa
PhilPei
duPont
ReyMdl
EsKod
Reyld
Exxon
Scott P
Sears
GenEl
Texaco
Gillette
Gdrich
Ussteel
Uswest
Unocal
IBM
Zenithe
Kmart
Dow Jones
Wheat First Securities, Inc
American Furniture
Apple Computer Atlantic Research
Bassett Furniture
Benafuels Inc
Bluefield Supply
Burke Parsons
Cadmus Communiations
Coherent
Dibrell
Sovran Financial
Starr Surgical
Westmoreland Coal
Williams Industries
Wiland Services
America
Jim Beam
AIM
Mbeqa
Boulf
Lling CO. Clermont. Beam
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