Northwestern Bell official blasts new telecom bill in Cedar Rapids
Bell executive Bill Stauffer calls the Telecommunications Act of 1982 bad legislation. He argues four provisions would force unequal competition, raise local rates to subsidize rivals, and threaten Bell’s markets and stockholder investment. He cites rural service limits and electronic marketing bans as flaws.
MENTIONED IN THIS ARTICLE
Iowa — and Iron Works
Cedar Rapids
John Arenas
Jack McDonald
Iowa Steel
Iowa Manufacturing
Bruce Fishwild
Satetie
Northwestern Bell
Bill Stauffer
Bell
Iowa
Stauffer
At&t
Bell System
Automakers cut car output in March despite truck rise
UPI reporting shows five automakers built 467,290 cars in March, down 24.5 percent from March 1981, while truck output rose 27.8 percent to 198,378. Year to date car production fell 31 percent. truck production up 5 percent.
MENTIONED IN THIS ARTICLE
Detroit
UPI
U.S
Washington
Commerce Department
White Motor reports 4.7 million loss in nine months
White Motor Co in bankruptcy says nine months ended December 31 shows a 4.7 million net loss. The loss includes a 10.5 million hit from selling the heavy truck and farm equipment unit. Company assets now mainly consist of White Motor Credit Corp stock, an idle plant and offices, and proceeds from other division sales.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
White Motor Co
White
White Motor Credit Corp
Subway car sale halted by steelworkers and Japan cars request
Washington union and steel industry leaders urged President Reagan to block a $274.5 million purchase of Japanese subway cars for New York City Transit. The appeal underscores labor and industry concerns amid transit procurement.
MENTIONED IN THIS ARTICLE
Washington
UPI
The
Specialty Steel Industry
United Steelworkers Union
Reagan
New York City
Stocks Rally Pushes Dow Up 10 Points In Broad Advance
Stocks rallied on a broad front as traders absorbed negative economic news and bought heavily. The Dow Jones average rose 10.47 to 833.24, while the NYSE index gained 0.97 to 65.49 and the S and P 500 added 1.83 to 113.79 amid higher volume and lower declines.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Dow
Standard & Poor
Jeep price cuts across 1982 CJ and Scrambler lineup
American Motors Corp announces immediate across the board price reductions from 750 to 1000 dollars for all 1982 Jeep CJ 5 CJ 7 and Scrambler models. The base retail price drops to 6765 with the cut applying through AMC Renault Jeep dealers at least until June 30.
MENTIONED IN THIS ARTICLE
Southfield
Mich
Joseph Cappy
AMC
Gas limits eased for large customers by Iowa-Illinois Gas and Electric
Iowa-Illinois Gas and Electric Co raises the cutoff for new large customers to 250000 cubic feet per hour from 50000, citing adequate supplies and conservation. The policy applies to industrial and commercial users, with residential demand around 150 cfh. Cedar Rapids manager Hal Gilbert says the change reflects more gas from conservation and partial deregulation but does not imply reduced energy needs.
MENTIONED IN THIS ARTICLE
Iowa-Illinois Gas and Electric Co
Hal Gilbert
Cedar Rapids
Iowa-Illinois
Gilbert
Iowa City
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