Power breakfast by Bob Tisch draws 250 guests
New York AP Preston Robert Tisch, head of Loews, hosted a commemorative power breakfast at the Regency’s 540 Park venue with about 250 attendees including Sandy Weill Donald Trump J B Fuqua and Gershon Kekst. Tisch recalled the tradition began at Regency a decade ago over eggs and coffee as a daily business meet-up. Loews owns hotels Lorillard.
MENTIONED IN THIS ARTICLE
Cotton Timberlake
New York
Preston Robert Tisch
Loews Corp
Tisch
Laurence
Sandy Weill
American Express Co
Donald Trump
J.B. Fuqua
Fuqua Industries Inc
Gershon Kekst
540 Park
the Regency
Loews
Bob” Tisch
Regency
Lorillard Cigarette
Loews P i Iden Ican Express
Bob Tisch
Ide Corp
Tisch Co
Reg T
Breakfast power brokers shape hotel’s business
The Regency hotel breakfast at 250 meals daily has become a business hub for finance leaders including Joseph Flom and Martin Lipton. Tisch notes deals are discussed over eggs and coffee while guests line up for prime tables and public phones, with 14.75 dollars for scrambled eggs and 2 back-to-back breakfasts common.
MENTIONED IN THIS ARTICLE
CNA Financial Insurance Company
Bulova Watchmakers
Tisch
Regency
University of Michigan
Joseph Flom
Martin Lipton
Thrift deposits rise at federally insured savings firms
Washington AP reports deposits at federally insured savings and loan associations exceeded withdrawals by 1.73 billion in February, the largest gain since August. The Federal Home Loan Bank Board noted a 1.88 billion rise in deposits for August and cited new government rules and lower interest rates as factors in slow growth, while margins improved as institutions paid less for funds. Certificates of deposit over 214 years averaged 9.22 percent in February, down from 9.34 percent in January, and February mortgage lending totaled 13.59 billion, slightly below January.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Federal Home Loan Bank Board
Bank Board
Savings and Loans
3 Million Jobs Planned For 1986 In Dun & Bradstreet Survey
New York AP Dun & Bradstreet projects nearly 3 million U.S. jobs in 1986, a rise from 2 million last year. Small firms under 100 employees dominate hiring, with the smallest firms predicting a 7.4 percent payroll rise and larger firms adding modest gains.
MENTIONED IN THIS ARTICLE
New York
Dun & Bradstreet Corp
Business Information Company
United States
Dun & Bradstreet
U.S
Duncan
National Business Information Center
Incomplete returns delay processing says IRS official
Iowa taxpayers warned that incomplete federal income tax forms slow processing and may trigger returns being sent back or letters requesting missing information. Key items include energy credits on form 5695, vehicle expenses on form 2106 part two, Schedule B part three for interest or foreign accounts, and at risk questions on Schedule C and F. Use labels to speed processing at the Kansas City center.
MENTIONED IN THIS ARTICLE
Iowa Newspaper Association
DES Moines
INA
Internal Revenue Service
IRS
David Evans
Evans
Kansas City Service Center
Weekly economic snapshot and local meeting notice
Reports on February home sales factory orders and construction spending aid week of March 24. Unemployment figures due Friday. Money rates show Telerate index with Prime at 9.00 and various short term yields in New York. Tuesday local NABWIC Cedar Rapids Iowa City Chapter meets 7:30 p.m. at the Sheraton Inn after a 6 p.m. airport terminal tour.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
National Association of Women In Construction
Sheraton Inn
Cedar Rapids Airport
Wall Street bets on consumer strength for 1986 gains
Wall Street analysts see American consumers driving the economy as oil and energy costs fall and interest rates ease. Disposable income rose 0.4 percent in January and 0.6 percent in February, supporting spending with higher confidence and wealth. S&P notes consumption should rise about 3 percent this year, with 2.5 percent in 1987, though experts warn gains may come with a lag amid unpredictable habits.
MENTIONED IN THIS ARTICLE
Chet Currier
New York
Wall Street
Richard Rippe
Dean Witter Reynolds Inc
Standard & Poor
the Outlook
U.S
Felix Wrobleski
L.F. Rothschild
Unterberg, Towbin Inc
Also Mentioned on This Page
Sociable
Joseph W. Duncan
Telerate Systems Inc
Telerate
Federal Funds
Finance Company
Treasury
Rippe
S&p
Altorfer Machinery Company
6Th St
Millhiser Smith Agency
Oakland Road
Steve King
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