Motorola Nortel form venture to sell cellular gear
Motorola Inc and Northern Telecom Ltd create Motorola Nortel Communications Co a 50 50 venture near Chicago to sell cellular telephone equipment in the Americas. The move follows pressure from AT T and Ericsson as leaders expand in the growing market.
MENTIONED IN THIS ARTICLE
New York
Motorola Inc
Northern Telecom Ltd
North
South America
Motorola-Nortel Communications Co
Chicago
Motorola
Northern Telecom
At&t
Sweden
L.M. Ericsson
United States
Economists say the nation will avoid a recession in 1992
A Blue Chip survey of 50 forecasters projects GDP growth of 0.5 percent in Q1 1992, 2.2 percent in Q2, 3.1 percent in Q3, and 3.3 percent in Q4, with an overall 1.6 percent for the year. The group cautions the economy teeters but expects a modest recovery by summer.
MENTIONED IN THIS ARTICLE
Washington
Robert Eggert Sr
Sedona, Ariz
Government pays millions for tobacco overseas
The Agriculture Department will give 3.5 million this year to Tobacco Associates to promote U S tobacco abroad as part of a 200 million annual foods and farm products export program. Exports last year reached about 1 5 billion with over 50 million in new sales cited by Tobacco Associates president Kirk Wayne despite health concerns and criticism from lawmakers.
MENTIONED IN THIS ARTICLE
Washington
U.S
Agriculture Department
Tobacco Associates
Turkey
Taiwan
Korea
Kirk Wayne
Wayne
Mike Synar
D-Okla
USDA
Congress
Hopes of Fed action spur rally and Dow advance
The Dow Jones rose 19.68 to 3245.08 as expectations of Fed credit easing boosted stocks. Volume on the NYSE reached about 184.39 million with 21 of 34 Eastern Iowa issues advancing while 13 fell, amid a Treasury note auction set to influence week trading.
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Dow Up
and Gazette News
Federal Reserve
New York Stock Exchange
Iowa
Heartland Express
General Mills
Pennzoil
Quaker Oats
Toy Fair 1992 Opens With Celebrity Gags And New Toys
New York AP. Toy Fair 1992 kicked off on Monday in Manhattan with stunts and life like displays. Hasbro expands boys action figures while Mattel debuts a Barbie line and Tyco launches its Incredible Crash Dummies. The toy market shows 1991 gains in traditional toys despite a 12.1 percent drop in video games.
MENTIONED IN THIS ARTICLE
New York
Lower Fifth Avenue
Manhattan
TOY Manufacturers of America
Hasbro Inc
James Bond Jr
Tyco
AP Photo
Lemon Law Expansion Seeks to Stop Cross State Clunkers
Pennsylvania Senator Stewart Greenleaf backs an amendment to close gaps in lemon laws. States already brand lemon titles or give buyers recourse for defective cars. Critics say 50 000 vehicles bought back by manufacturers reenter markets without warning.
MENTIONED IN THIS ARTICLE
Philadelphia
Donald Bielefeldt
Palm Beach Gardens
Fla
Susan Adams
Pennsylvania
Adams
General Motors
Bielefeldt
National Association of Attorneys General
California
Alabama
Washington
Vermont
New York
District of Columbia
Arkansas
South Dakota
Stewart Greenleaf
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Alliants
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Fed
Labor Department
Barbie
Timm Mber
Cedar Eee
Hewlett-Packard
Cedar Computer Center, Inc
Blairs Ferry Rd
Cedar Rapids
Hewlett Packard
Dedadier
Robert W. Baird & Co
Baird
Third Avenue S.E
Harlan O. Utecht
Larry J. Turner
Northwestern Mutual Company
Charles W. Weber
Robert W. Baird & Co. Incorporated
New York Stock Exchange, Inc
SIPC