GM to Close Willow Run Plant Move Production to Arlington
Workers at Willow Run react with shock as GM announces closure of the Willow Run assembly plant in Michigan and a move of production to Arlington Texas. New closures at North Tarrytown and other plants bring total layoffs to about 74 000 by 1995 under GM plans.
MENTIONED IN THIS ARTICLE
Malcolm Johnson
Psilanti, Mich
General Motors Corp
Willow Run
Detroit
Arlington
Texas
Robert Stempel
Stempel
Michigan
James Bell
Leo Laurin
North Tarrytown
N.Y
Donald Martino
United Auto Workers
Flint
Saginaw
Mich
Moraine
Dayton
Lordstown
Ohio
Anderson
Ind
Ontario
Younkers to close Des Moines store in January 1993
Younkers Inc. said the east Des Moines department store will shut in January 1993 to boost profitability, affecting 40 full and part-time employees.
MENTIONED IN THIS ARTICLE
DES Moines
Younkers Inc
East Des Moines
Barry Diller resigns as Fox head in surprise move
Barry Diller steps down as chairman and chief executive of Fox Inc to form his own entertainment company. Rupert Murdoch will take direct control of Fox properties, following years that saw Fox Broadcasting rise but its film unit stumble with recent flops. Diller cites a personal need for change.
MENTIONED IN THIS ARTICLE
Chrysler
Detroit
Chrysler Corp
Robert Miller
Robert Lutz
Lee Iacocca
Miller
New York
James D. Wolfensohn Inc
Barry Diller
Fox
Los Angeles
Fox Inc
Rupert Murdoch
News Corp
GM's Noncore Units Deliver Mixed 1991 Results
GM's subsidiary performance showed Hughes Electronics posting a 31 percent quarterly gain to a record 255.7 million on 3.1 billion in Q4 1991 while EDS rose 14.4 percent to 155.9 million. GMAC earnings fell sharply to 102 million as 171 million loan-loss reserves were set aside, with insurance up to 46 million.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Hughes Electronics Corp
Electronic Data Systems Corp
General Motors Acceptance Corp
GM Hughes Electronics Corp
U.S
EDS
Lynda Kosinski
GMAC
Stock market trims losses as GM plant closings loom
The market drifted in a mixed session amid GM earnings, with the Dow rising 2.23 to a record 3,282.42 as gains in Merck and Walt Disney offset declines in GM and other automakers. Equitable of Iowa led eastern Iowa gains while Pennzoil and Nash Finch eased.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
General Motors
Equitable of
Iowa
Raytheon
ACM
International Paper
Pennzoil
Nash Finch
Apple builds voice activated Macintosh prototype
Apple Computer has developed a HAL like voice activated Mac that recognizes spoken commands and sometimes talks back. Experts praise the demo but say desktop products are years away. The system can adjust type size, program a VCR, pay bills, and fetch names from an electronic directory.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Apple Computer Inc
Also Mentioned on This Page
United States
Canada
Younkers
D.M
National Association of Business Economists
IBM
John Akers
George Conrades
C. Michael Armstrong
Hughes Aircraft Co
Tribune Media Ss
Bs, Inc
Diller
Fox Broadcasting Co
Hollywood
Associated Press
Ies
Lion
New York Stock Exchange
Hugh Johnson
First Albany Corp
Ford Motor
Dow Jones
Merck
Walt Disney
Hewlett-Packard
Cedar Computer Center
Inc
Blairs Ferry Rd
Cedar Rapids
Aten
Apple
Wayne Rosing
Advanced Research Lab
Sun Microsystems Inc
John Cook
Monterey
Technology, Entertainment and Design
Cook
Marvin Minsky
Massachusetts Institute of Technology
Motorola Inc
Hal
Baird
Equity
America
Robert W. Baird & Co
Third Avenue S.E
Harlan O. Utecht
Presid Brai
Larry J. Turner
S Baird Av. Mutual Company
Charles W. Weber
York Stock Exchange, Inc
SIPC
Robert W. Baird & Co. Incorporated
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