Judge approves AT&T Bell breakup plan with name surrender
A federal judge conditionally approves AT&T's plan to dismantle the Bell System, requiring the company to surrender the Bell trademark and logo and to grant Bell firms rights to existing and new patents. The ruling sets terms for equal access, patent licensing, and financial safeguards before the January 1, 1994 breakup date.
MENTIONED IN THIS ARTICLE
Washington
American Telephone & Telegraph Co
U.S
Harold H. Greene
At&t
Bell
Bell System
Justice Department
Greene
American Bell Inc
Bell Laboratories
Bell Company
Bell Companies
MCI Communications
Southern Pacific Communications
Federal Communications Commission
FCC
Executives Seek Better Roles Amid Shifting Job Ads
The article notes executive job seekers can improve chances with the right approach as management positions are not always advertised similarly. It cites salary trends with a dip in the second quarter of 1982 for mid-range and lower ranks while the median salary level begins to rise again.
Stocks Slip as Money Supply Drops 3 Billion
The Dow fell 3.21 to 1207.23 in a quiet session as traders awaited the Fed money supply report which showed a $3 billion decline. Volume on the NYSE was 66.52 million shares with mixed moves among leaders and two rumors fading.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
Brazil
Fed
International Telephone & Telegraph
Wall Street Journal
Hughes Tool
McGraw-Edison
Big Three automakers seen doubling profits
Detroit AP reports analysts in the Wall Street Journal project the Big Three U.S. automakers will post about 1.7 billion dollars in second quarter profits, led by General Motors near 1 billion. Ford and Chrysler also expected strong Q2 earnings with growth into Q3.
MENTIONED IN THIS ARTICLE
Ford Motor
General Motors
Chrysler
Exchange
Standard & Poor
S&p
Detroit
Wall Street Journal
General Motors Corp
Ford
Robots go on sale in Tokyo department stores
In Tokyo at Seibu department store a new robot corner opens in the computer and office automation section. Three industrial robots beep as they demonstrate precise programmed maneuvers. Naoyuki Moriyasu says the aim is to connect small firms, schools, and restaurants with robot makers.
MENTIONED IN THIS ARTICLE
Tokyo
Seibu
Japan
Naoyuki Moriyasu
Robot Corner
White collar salaries rise less in 1983 median 7.1 percent
A Labor Department report shows white collar workers including lawyers engineers and secretaries received smaller pay raises in the year ending March 1983 with a median gain of 7.1 percent. Public accountants and messengers were the only occupations to see bigger raises than the prior year.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Cedar Falls Record to Close and Merge with Waterloo Courier
The Cedar Falls Record will publish its last edition August 13 and merge into a daily Cedar Falls portion of the Waterloo Courier retitled Waterloo Courier and Cedar Falls Record. Howard Publications bought both papers in March citing ongoing losses. The Record has 4000 subscribers and 19 staff. printing and most ads will be handled from the Courier.
MENTIONED IN THIS ARTICLE
Waterloo
Cedar Falls Record
Waterloo Courier
Howard Publications Inc
Howard
The
Record
the Courier
W.H. Hartman Co
James Lewis
Courier
Cedar Falls
Court delays Pillsbury offer in Stokely buyout bid
In Indianapolis a Superior Court judge barred Pillsbury Co from purchasing more Stokely Van Camp shares as part of its bid while allowing the $62 per share tender offer to proceed. Pillsbury has already bought or agreed to buy about 500,000 shares, aiming to reach 60 percent control with the tender offer's 1.1 million minimum shares.
MENTIONED IN THIS ARTICLE
Indianapolis
Pillsbury Co
Stokely- van Camp Inc
Pillsbury
Stokely
Richard Milan
Stokley
FHA raises ceiling on home loans
Washington AP The government raises its interest rate ceiling on federally backed home loans for the second time in a month. HUD sets a 12.5 percent cap for level-payment single family loans while noting non government rates around 14 percent and promising further adjustments if rates change.
MENTIONED IN THIS ARTICLE
Washington
Department of Housing and Urban Development
HUD
Samuel R. Pierce Jr
Pierce
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Trinens
Trienens
Western Electric Co
Ters
Ath
Challenger, Gray & Christmas
InfoGraphics
Robot Store
Sheraton’s
Cedar Rapids
33Rd Ave
Federal Housing Administration
Veterans Administration
Dain Bosworth
Iowa