Dow Drops Over 200 Points On Grim Japan Outlook
The Dow industrials fell about 207 points to 8627, its lowest finish since March, amid a grim view of Japan's recovery that roiled world markets. The Nikkei slid 1.3 percent, Hong Kong and Bangkok indices near 6 percent, while European shares also declined. 3M led Dow losers as profits sagged from Asia weakness and exchange rates. The dollar climbed, lowering yen and lifting U.S. bond demand to record lows.
MENTIONED IN THIS ARTICLE
New York
Dow
Japan
Treasury
U.S
Asia
Hong Kong
Bangkok
Tokyo
Europe
Frankfurt
London
AEP power line path sparks debate in Southwest Virginia
In Roanoke, AEP defends a 132 mile transmission line from Oceana West Virginia to Roanoke outskirts to ensure reliable regional power. Critics warn of lower property values, reduced Virginia coal demand and job shifts. AEP cites $39 million yearly tax and employment gains but notes many Virginia benefits depend on independent power producers.
MENTIONED IN THIS ARTICLE
Roanoke
American Electric Power
Appalachian Mountains
Virginia
AEP
Norfolk Southern
Southwest
Rick Boucher
D-9th
Oceana
W.va
General Assembly
State Corporation
Commission
SCC
West Virginia
Appalachian Power
Randy Holliday
David Foster
Ohio
Virginia Power
Strike talks backdrop two GM strikes as convention nears
UAW talks in Flint press on amid looming union convention in Las Vegas and GM two week shutdown set to begin June 29. About 9,200 workers at Flint plants idle 63,000 more at 16 assembly and 66 parts plants across North America. union leaders face convention duties while contending with reduced holiday pay and vacation time implications.
MENTIONED IN THIS ARTICLE
Ron Campbell
AFLAC
Ameritech
At&t Corp
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
DOW Chemical
Dupont
Eastman Kodak
Emerson Electric
Ethyl Corp
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's CO
Lucent Technologies
Mapco Inc
McDonald's Corp
Merck & Co, Inc
Mylan Labs, Inc
Nash Finch CO
Nations Bank Corp
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila, Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Pittston
Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
Tricontinental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp. Oe Eee Usair Group
Usx-Marathon Oil
Usx-U.s. Steel
Wal-Mart
Walt Disney CO
Xerox Corp
DOW Jones
Wena
Detroit
United Auto Workers
General Motors
Flint
Mich
North America
UAW
Las Vegas
Stephen Yokich
Nevada
U.S
Alan
Richard Shoemaker
Lansing
Cadillac
Also Mentioned on This Page
Lincoln
Cabinet Co
Mt. Lake Avenue
Pearlsburg
Iou
First Virginia
Uvest Investment Services
Bluefield
Cedar Bluff
Claypool Hill
Main Street
Pocahontas
Raven Richlands
Richlands
Riverjack
Tazewell
FDIC
Virginia Bank
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