US West seeks court block of Time Warner reorganization
US West on Monday asked a Delaware court to halt Time Warner's management overhaul linking its music division with Warner Bros. The move expands a suit to stop Time Warner from buying Turner Broadcasting System, arguing the partnership forbids such acquisitions.
MENTIONED IN THIS ARTICLE
US West Corp
Time Warner Inc
Delaware
Media and Entertainment Company
Englewood
Colo
Time Warner
Warner Bros
US West
Turner Broadcasting System Inc
Turner
Utilities merger eyed with rate cuts and local presence
The proposed Inter state Energy merger of IES Industries WPL Holdings and Interstate Power Co aims to cut 700 million in costs and keep most jobs. Executives say layoffs will not be widespread and that local communities will retain presence in Dubuque Madison and eastern Iowa as deregulation drives lower prices.
MENTIONED IN THIS ARTICLE
George C. Ford
Wanzette Financial
IES Industries
WPL Holdings
Interstate Power Co
Interstate Energy Corp
Erroll Davis Jr
Madison
Wis
Gazette
Davis
Dubuque
Lee Liu
Interstate Energy
Wayne Stoppelmoor
Liu
Stoppelmoor
Iowa
Drop in bond rates could lower borrowing costs nationwide
The 30 year Treasury yield slipped below 6 percent to 6.02 percent, lowest since October 1993, signaling cheaper loans for homes and equipment. Economists say falling yields reflect bets on stronger economy and potential Fed rate cuts, boosting borrowing and investment.
MENTIONED IN THIS ARTICLE
New York
Treasury
Chrysler sues ex CEO Iacocca over confidential disclosures
Chrysler Corp filed suit in Oakland County Michigan accusing former chairman Lee Iacocca of breaching fiduciary duties by sharing confidential Chrysler information with Kirk Kerkorian. The action notes Iacocca remained a consultant and director while aiding Kerkorian’s dissident bid and challenges his stock option claims.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Lee Iacocca
Chrysler
Iacocca
Kerkorian
No. 3
Auto Company
Tracinda Corp
Dow hits another record high as bond rally fuels gains
U S stock markets surged to new highs with the Dow Jones average up 52.39 to 5139.52, led by broad gains as expectations grew that the Fed will cut rates. Bonds rallied with the 30 year yield sliding to 6.02 percent, helping lift tech and financial stocks.
MENTIONED IN THIS ARTICLE
NEW York
Federal Reserve
New York Stock Exchange
Standard & Poor
Larry Wachtel
Prudential Securities Inc
Industrial
Hanson Ads
Wele
Rae Transport
Kmart
American Stock Exchange
Este Ollé Viacom
TWA
Gavier
Cisco
DOW Jones
Amex
Indus
Biotech
Standard & Dhe Indust
Financi Utilities
Wilshire
Wilshire Associates
Riday
Tgned
Iowa Realty First Realty merger under FTC scrutiny
Iowa Realty Co announced a Des Moines area merger with First Realty Better Homes and Gardens, creating a dominant real estate bloc. FTC interviews competitors to assess antitrust concerns as the combined firms control over 75 percent of the local market.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa Realty Co
First Realty
Better Homes and Gardens
Des Moines-area
Federal Trade Commission
FTC
Iowa Realty
Also Mentioned on This Page
Wallace Computer Services Inc
Moore Corp
U.S
Murray Schwartz
Moore
Wallace Board
Wallace
Schwartz
Hillside
Ill
Moore-Wallace
Moore Business Forms Inc
Iowa City
Smith
General Motors Corp
Jack Smith
John G. Smale
Smale
Robert Stemple
U.S. Department of Labor
Iowa Department of Economic Development Division of Workforce Development
Treasury Department
National Park Service
IES
Erroll Davis, Jr
Sung Won Sohn
Norwest Corp
Minneapolis
Marilyn Spears
Milton Bradley Co
East Longmeadow
Mass
Big Ben
Eiffel Tower
Toy Manufacturers of America
Dow
United Technologies
Boatmen
Fed
Kirkwood
Linn Hall
Projec
Inute
KCRG
Crewey
EPA
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