Competition may bring multiple telephone bills
The government-ordered competition in long distance is reshaping US telephone service. MCI grows from 41,000 business customers to 1 million total, while AT&T still dominates the $40 billion market. Billing may split into local, long distance, and equipment charges, with rates and subsidies shifting to local customers during a seven year phase starting Jan 1, 1984. Authorities say the transition aims to keep lifeline service while expanding competition.
MENTIONED IN THIS ARTICLE
Washington
MCI
American Telephone & Telegraph Co
Bell System
At&t
Bell
Gary Epstein
Federal Communications Commission
Epstein
FCC
Texas
Economic Data Schedule Quietly Tests Recovery
This week anticipates releases from the Commerce Department on November new orders and Shipments Inventories and Orders. Federal Reserve reports on the money supply are set for Monday and Friday, with Treasury T-Bill auction also Monday. The Labor Department unemployment rate for December is expected Friday morning, following November's 10.8 percent reading.
MENTIONED IN THIS ARTICLE
Commerce Department
Federal Reserve Board
Treasury Department
Washington
Investment Company Institute
Donoghue
Labor Department
Federal Reserve
Ultravision previews portable video arcade system at CES Las Vegas
Ultravision Inc. hosts a press preview at the Winter Consumer Electronics Show to unveil a self contained video arcade game computer TV color system at the Las Vegas Hilton. Timex Corp. stages a Friday press briefing in Las Vegas to introduce a personal computer priced under 100 dollars.
MENTIONED IN THIS ARTICLE
Ultravision Inc
Las Vegas Hilton
Timex Corp
Las Vegas
SCORE Meeting Promises Free Business Counseling
The Service Corps of Retired Executives will meet Wednesday at 10 a.m. at the Chamber of Commerce offices in Cedar Rapids. SCORE offers free guidance on management and finances. For more information call 399 2571.
MENTIONED IN THIS ARTICLE
Service Corps
Chamber of Commerce
Cedar Rapids
SCORE
Bond calendar major new issues scheduled for sale week
Bond calendar notes public sale plans for the week of Jan 3 from Salomon Brothers via United Press International. Entries list indeterminate dates, a $50 million Texas Industries convertible subordinated issue, a $12 million Bay Colony Spec Rec Dist Florida tax exempt offering, and a note that none are scheduled for Agandae regretene.
MENTIONED IN THIS ARTICLE
Salomon Brothers
United Press International
Agandae
Texas Industries
Bay Colony
Rec
Florida
Agents travel far despite rising costs in study
Irvine report finds manufacturers' agents log over 9,500 miles monthly in a 4.6 state territory with travel expenses averaging 23,200 dollars in 1981, up from 20,500 in 1980. Most stay in major chain hotels using corporate rates averaging 37.70 per night, and rent cars monthly for about 263 miles.
MENTIONED IN THIS ARTICLE
Irvine
Calif
Manufacturers
Association
Pickett’s Iowa brewery mirrors Hollywood plot say critics
Dubuque reports Joe Pickett Sr who sold his family brewery to AGRI Industries in 1980 says the deal echoes the movie Take This Job and Shove It in which a major buyer ruins a small plant. He cites missed upgrades, losses, and clashes as the business shifts under new control.
MENTIONED IN THIS ARTICLE
Mike Hendricks
Wugue Telegraph
Dubuque
UPI
Pickett
Joe Pickett
Iowa
Robert Hayes
Art Carney
Agri Industries of
West Des Moines
AGRI
Cargill
Picketts
Mississippi River
John Long
Sylvia
Carl Burbach
Long
Joe Sr
Joe Jr
G. Heileman Brewing Co
Steve
Phoenix
Val
Falstaff Brewing Corp
Iowa economist warns slow recovery for state industry
Iowa State University economist James R. Prescott says the states economy will recover slowly as manufacturing relies on low growth sectors. He notes 40 percent of Iowa industry depends on agriculture and foresees a pessimistic outlook due to agricultural surplus and cyclical swings.
MENTIONED IN THIS ARTICLE
Iowa
Prescott
Lowa
Michigan
Boomers shown no more spendthrift than earlier generations
A consumer study for Chain Store Age Magazine finds that the baby boom generation aged 18 to 36 does not wield greater disposable income than prior generations. The group saves more, with 39 percent expecting to put more away versus 20 percent of the total population, and they hold about 424 billion dollars in combined income, roughly 35 percent of GNP.
MENTIONED IN THIS ARTICLE
New York
UPI
Chain Store Age Magazine
CSA
Also Mentioned on This Page
Norman Black
MCI Communications
Justice Department
Bond Calendar
Brewer Joe Pickett
Downer's Grove
Lll
Jerry O'Dowd
Economist
Jim Cole
Life
Millhiser Smith Agency. Inc
Oakland Road
Jim Lyons
Eyewitness News
Crgctv
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