Defense bribery probe widens across defense industry
FBI searches hit United Technologies Uni Systems McDonnell Douglas Northrop Teledyne Unisys and Teledyne Electronics facilities in 12 states as part of a wide bribery and fraud investigation into defense contracting. Navy procurement chief Paisley, a former Boeing executive, figures in lawsuits over payoffs and bid influence.
MENTIONED IN THIS ARTICLE
Lary
Navy
FBI
Sue Schnitzer
Ington
Defense
Melvon Paisley
Paisley
Justice Department
Boeing Co
United Technologies
Uni- Sys
McDonnell Douglas
Northrop
Teledyne
Schnitzer
U.S
Pentagon
Defense Department
Congress
Air Force
Newbury Park
Calif
Washington
Pratt & Whitney Aircraft Engine
Norden Systems Inc
Berkeley Baker
Teledyne Electronics
Unisys
Eagan
Minn
Great Neck
N.Y
Armtec
Palatka
Hec
Boeing
Larry Korb
Raytheon Corp
Korb
Trade data spurs market rally as deficit improves
Traders welcomed a strong export figure and a shrinking trade deficit as stocks and bonds rose. The Dow gained 25.07 points to 2124.47, with imports dropping 6.4 percent and exports dipping 2.8 percent to 26.22 billion. Analysts cite easing protectionist fears and a better 1987 comparison.
MENTIONED IN THIS ARTICLE
U.S
Frank McCormick
Bank of America
Iowa governor sees growing trade with Soviet Stavropol region
Governor Branstad envisions a sister-state link and joint ventures with Stavropol to ease currency exchanges and boost Iowa Soviet trade. He cites ADM interest in corn based plastics and soybeans as well as plans for a Cedar Rapids trade conference and tourist exchanges while Moscow officials fast track developmental ties.
MENTIONED IN THIS ARTICLE
Soviet Union
Towa
Iowa
Stavropol
Branstad
ADM
Ivan Taranov
Des Moines
Taranov
Moscow
Cedar Rapids
William D. Forrester
Us-Ussr Trade and Economic Council
Branstad’s post Soviet Union European tour agenda
Governor Terry Branstad will visit European stops after leaving the Soviet Union. The trip includes meetings with agricultural officials in Budapest Hungary and private firms in Basel Switzerland and West Germany cities including Aalen Frankfurt. The delegation features Chri Branstad Douglas Gros Wright Severin Johnson Sarah Lande Allan Thoms Jon Kuennert and later Stavropol hosts Marvin Pomerantz Warren Hayford for part of the stay.
MENTIONED IN THIS ARTICLE
Terry Branstad
Europe
Soviet Union
Budapest
Hungary
Basel
Switzerland
Aalan
West Germany
Frankfurt
West German
Branstad
Chri
Douglas Gros
Dwig Wright
Severin Johnson
Meat Export Research Center
Sarah Lande
Iowa
Allan Thoms
Iowa Department of Economic Development
Jon Kuennert
Department
Marvin Pomerantz
Iowa Board of Regents
Warren Hayford
Stavropol
Reagan Names Duberstein as Fourth White House Chief of Staff
President Reagan announces Michael Duberstein as his fourth chief of staff with responsibility for gatekeeping the president’s schedule and directing a staff of about 325. Baker confirms resignation after telling Bush of departure amid Iran Contra probe coverage.
MENTIONED IN THIS ARTICLE
Baker
Bush
Reagan
White House
Duberstein
Congress
Ken
Wash
House
Bob Michel
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Army
Linn Health Service
Dept of Con
Ethan
Lee
Russia
Kenneth Dubersteir
Garantie
Gerans
Petty Miller
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