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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 18, 1988
Page
21
A nationwide TV promoted weight loss patch kit faces FDA critique. Patches sold under Appetoff Easy Drops and Acupatch claim appetite suppression via skin signals, but federal officials deem over the counter transdermal patches illegal and unsafe.
Robert Bass of the Robert M. Bass Group, a Fort Worth heir and macro investor, shuns publicity while pursuing major deals. In 1988 he eyed Macmillan and a New York hotel sale, bid for Macmillan, and pursued American Savings & Loan in Stockton. Bass is active on Texas transport boards and backs undervalued companies like Bell & Howell and Westin Hotels. his plan is to build a distinct personal identity apart from Sid Bass.
June factory capacity usage to be released by the Federal Reserve while a bankruptcy hearing on A H Robins Co. reorganization proceeds and American Home Products Corp. seeks acquisition. Also listed are upcoming Commerce and labor reports and GM earnings.
This Parade column weighs cautious lending to relatives. It guides deciding when to say yes and how to say no, offering practical tips for money between family members.
A record number of American corporations changed their names in the first six months of 1988, led by financial institutions and manufacturers. Of 931 changes, 53 percent stemmed from mergers and acquisitions, 21 percent from divestitures and spin offs, with some firms adopting new names for image shifts.
The article explains how meticulous maintenance records strengthen consumer cases in Autoline. It notes manufacturers like General Motors Nissan Volkswagen Audi Honda Acura Saab participate, with AMC Jeep Renault coverage for pre 1988 cars. Mediation resolves most Autoline cases, while 15 percent reach arbitration.
Executives from seven Japanese steel companies, members of the Japan Steel Federation, visit Iowa as part of a four state mission to discuss trade and investment. ISU and Iowa, ISU and U of IA tours planned as delegates meet business leaders and officials.
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