Cable Rules Strike Down FCC Authority and Auto Price Hikes
The Supreme Court voided federal rules requiring free or low cost access to cable channels for community groups, saying the FCC had no authority to treat cable as a common carrier. Detroit saw price hikes as Chrysler General Motors and Ford lifted 1979 model prices by about two percent.
MENTIONED IN THIS ARTICLE
Supreme Court
Federal Communications Commission
Detroit
Chrysler Corp
General Motors Corp
Ford Motor Co
Chrysler
Ford
Bob Zimmerman
T-Bird
Fairmont
Premium Auditors to Meet Top Officials of Iowa National Mutual
Premium auditors from seven branch offices and the home office will conduct a four day meeting this week. Richard Durham company president will open the session Monday with discussions on a new commercial lines manual and rating method changes across the country. Allan W. Thompson says the group will review units of exposure and other factors to ensure fair premiums. Eugene Connor general counsel will review current legal concepts in insurance. Branch offices are in Minneapolis Omaha Denver Kansas City Peoria Orlando and Greensboro North Carolina.
MENTIONED IN THIS ARTICLE
Iowa National Mutual Insurance Co
Richard Durham
Allan W. Thompson
Bank clearings rise over prior week and year
Bank clearings for the week ended April 6 totaled 27,213,386, up from 18,504,425 the previous week. Clearings for the same week last year were 25,535,803, according to the clearing house.
Nottlemann says business not root of all our problems
Nottlemann, president of Joseph T. Ryerson and Son Inc., argues that inflation and broader economic woes are not caused by business. He notes rising profits and a growing anti business mood while detailing Ryerson’s program to train teachers in free enterprise to counter Marxist trends and educate youth about how the system works.
MENTIONED IN THIS ARTICLE
Nottlemann
Ralph Nader
George Meany
Afl-Cio
O. Robert Nottlemann
Joseph T. Ryerson and Son Inc
Inland Steel Co
Cedar Rapids
Ryerson
U.S. Steel
Republic Steel
Spokane
Wash
Chattanooga
Tenn
Minneapolis
Bond Market Holds Prices Despite Treasury Deluge
Salomon Brothers reports the bond market kept price levels in most sectors despite a surge of U.S. Treasury issues after Congress raised the debt ceiling. A $1.5 billion 15 year note sale is planned for Tuesday and yields rose across maturities except one year bills.
MENTIONED IN THIS ARTICLE
New York
UPI
Treasury
Salomon Brothers
U.S. Treasury
Congress
Pennsylvania
Salomon
Federal Home Loan Mortgage Corp
Freddie Macs
New York State
Superior gets four year Ford wheel contract extension
Superior Industries International Inc. announced a four year extension of its contract to supply Ford Motor Co. with cast aluminum wheels. The firm supplies about half of Ford's needs and plans a new Midwest plant. Aluminum wheels for original equipment totaled 39 million of last year's 87 million sales.
MENTIONED IN THIS ARTICLE
Helena Rubinstein Inc
Kao Soap Co
Japan
Colgate-Palmolive Co
Helena Rubinstein
Kao
Rubinstein
Colgate
van Nuys
Calif
Life Investors pione ers interview method
Cedar Rapids based Life Investors Inc introduces a personal history interview replacing third party services to gather medical and hazard information for policy issuance. Three women phone applicants to complete data the same day, cutting eight to fourteen day delays. 92 percent contacted on first attempt. The program, trialed a year ago, positions the staffers as personal attention, with agents Kim Ribble Cindy Hadacek and Connie Arnell handling calls to obtain necessary history.
MENTIONED IN THIS ARTICLE
Life Investors Inc
Cedar Rapids
Jack Slapper
Life Investors Insurance Co. of America
Slapper
Life Investors
St. Louis
Kim Ribble
Cindy Hadacek
Connie Arnell
World Trade Week Proclaimed by Carter
President Carter designated the week of May 20 as World Trade Week in a formal proclamation. The move highlights U S trade efforts and aims to promote international commerce.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carter
Also Mentioned on This Page
New York Times Service
British Leyland
BL Industries Ltd
Honda Motor Co
Britain
Datsun
Toyota
Honda
Labor Party
Allied Artists Industries
Kmart Corp
Sears, Roebuck & Co
Mobil Corp
Montgomery Ward
J.C. Penney Co
F. W. Woolworth Co
Federal Reserve
F.W. Dodge
McGraw-Hill Information Systems Co
Commerce Department
NEW
Craig Allen
Mgr
Fals
National Service Center
Norrell Temporary Services
Norrell Corporation
Paul Pabian
Norrell Services Inc
West Monroe
Chicago
IBM
Erb’s Office
Richard O. Bump
Brenton Financial Center
Iowa
Mid America
New York Stock Exchange, Inc
FMA
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