Chrysler workers push for $2 an hour wage raise
UAW leaders plan to reopen talks with Chrysler on Monday seeking at least a $2 hourly hike after a record quarterly profit. The union cites worker sacrifices in 1980 81 and aims to restore parity with GM and Ford wages while pursuing pension gains and potential profit sharing.
MENTIONED IN THIS ARTICLE
Detroit
United Auto Workers
Chrysler Corp
Chrysler
UAW
Owen Bieber
General Motors Corp
Ford Motor Co
Chrysler Council
Bieber
U.S
Huntsville
Ala
Lee Iacocca
Washington
Ford
CNW seeks takeover of Milwaukee Road
Chicago and North Western Transportation Co plans to acquire the Milwaukee Road rail system. CNW will file with the Interstate Commerce Commission and the Bankruptcy Court by Wednesday. Milwaukee Road trustee Richard Ogilvie said no immediate comment pending filings. Grand Trunk Corp. is named in the amended plan.
MENTIONED IN THIS ARTICLE
Chicago
Chicago and North Western Transportation Co
Milwaukee Road
Chicago, Milwaukee, St. Paul & Pacific Co
Chicago and North Western
Joseph Marren
Interstate Commerce Commission
Marren
Federal Bankruptcy Court
Richard B. Ogilvie
CNW
Dow Firms Slight Gain as Inflation Cools Slightly
Wall Street held a narrow, listless gain on Friday extending a four day advance. The Dow rose 1.80 to 1,231.17 as investors weighed moderation signals against high rates. Warner Communications slumped after a bigger than expected quarterly loss. Lanier and Harris agreed to a $415 million stock swap boosting Lanier 5 percent. Genentech rose after a joint venture with Hewlett-Packard was announced.
MENTIONED IN THIS ARTICLE
New York
Hewlett-Packard
Genentech
Iowa Northern track rehab eyed at Monday hearing
A public hearing Monday at 1 30 p m in Ames weighs adding three Eastern Iowa railroad projects to the Iowa Railroad Analysis Plan Update to seek federal aid. The Iowa Northern line Cedar Rapids Manly and Vinton Dysart would need about 7 8 million dollars for upgrades with 1 25 to 1 benefit ratio and 2 million annual regional benefits. Shippers and officials are urged to attend as financing typically splits three ways among the railroad, shippers and state and federal funds through IDOT.
MENTIONED IN THIS ARTICLE
Ames
Iowa Northern Railroad
Iowa
Cedar Rapids
Manly
Vinton
Dysart
Iowa Railroad
Materials Laboratory
Iowa Department of Transportation
Lincoln Way
Peterson
IDOT
ICC to hear gas rate case in two public hearings
The Iowa State Commerce Commission will review a 44 million dollar rate hike from Iowa Illinois Gas and Electric Co. The plan ties to the Louisa Generating Plant with a phase in over eight years. First year 16.6 percent, then 7 percent yearly for three years, totaling 37.1 percent.
MENTIONED IN THIS ARTICLE
Iowa-Illinois Gas and Electric Co
Iowa State Commerce Commission
Illinois
Louisa
Commission
Durable goods orders climb 5.5 percent in June
U S factory orders for big ticket durable goods rose 5.5 percent in June led by a 27 percent surge in transportation equipment mainly defense aircraft and shipbuilding. Ex defense the rise was 1.2 percent signaling a moderating recovery.
MENTIONED IN THIS ARTICLE
Baldrige
Coal rail contract links UP CNW and APL
Union Pacific and Chicago and North Western railroads sign a 20 year coal haul deal with Arkansas Power and Light to move 10 million tons annually from Wyoming's Powder River Basin to the Deep South. The agreement, valued by observers at millions, includes an extension option and unit trains of 100 to 110 cars.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Wyoming
Powder River Basin
Deep South
Union Pacific
Chicago & North Western
Arkansas
Arkansas Power & Light
Jerry Maulden
C&nw
Powder River
Maulden
Burlington Northern Railroad
WPPSS Default Process Begins as Bond Notice Issued
A Seattle judge allowed Chemical Bank to start default proceedings against the Washington Public Power Supply System for missing a 2.25 billion debt payment tied to two terminated nuclear plants. It could become the largest U.S. bond default. The court lifted a restraining order that blocked the default notice.
MENTIONED IN THIS ARTICLE
Seattle
Chemical Bank
Washington
U.S
King County Superior Court
H. Joseph Coleman
Chemical Bank of New York
Tradex Sold to Employee in Cedar Rapids Change
Richard H. Zeisler sells Tradex to Bifford Palmer who becomes owner on July 1. The Cedar Rapids firm runs the barter program. a former retail store was discontinued but may reopen. Headquarters are at 3800 Wilson Ave SW.
MENTIONED IN THIS ARTICLE
Tradex
Cedar Rapids Charter Exchange Company
Richard H. Zeisler
Bifford Palmer
the Gazette
Wilson Ave
How to Complain and Get Results
A FTC AARP guide helps seniors and others learn to complain effectively. It urges writing a detailed, calm letter within time limits, attaching receipts and IDs, and sending copies to consumer agencies like BBB and FTC. It covers door to door, mail order, and credit card issues, plus desired remedies and deadlines.
MENTIONED IN THIS ARTICLE
Order
United States
Federal Trade Commission
American Association of Retired Persons
AARP
P.O
Long Beach
Calif
Senate Committee On Aging
Ftc-Aarp
FTC
Better Business Bureau
Grand jury probes bids in Iowa bid rigging case
Court records show two men ordered to testify before a federal grand jury investigating bid rigging in Iowa. Gary Forristall is executive vice president of Jackson Construction Co. of Nevada and Robins J. Hawthorne is secretary.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa
Gary Forristall
Jackson Construction Co
Nevada
Robins J. Hawthorne
Also Mentioned on This Page
Robert White
Chrysler Canada Ltd
Toronto
Milwaukee
ICC
Grand Trunk Corp
Bill Bickley
New York Stock Exchange
Alan Poole
Laidlaw Adams & Peck Inc
The
Treasury
Federal Reserve Board
Fed
Warner Communications
Warner
Atari
Lanier Business Products
Harris
Lanier
Standard & Poor
S&p
American Stock Exchange
Stan Peterson
Iowa Northern
Rock Island
Marshalltown
Bridgeport
Albia
Jewell
Ellsworth
Webster County
Fort Dodge
Western
Davenport
Commerce Department
Commerce
Malcolm Baldrige
Win
Louise Cook
Feeocrated Press
Tucker
Stommy Tucker Realtors
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