Utility chief seeks flights of imagination
James Peltz profiles Charles Wohlstetter chairing Continental Telecom Inc. He urges bold ideas and accepts management risk as Contel expands from rural telephone exchanges to data, voice services and satellites. Wohlstetter, 73, reflects on his Wall Street start, leadership style, and recent step down as chief executive to James V. Napier while defending free enterprise and limited government interference.
MENTIONED IN THIS ARTICLE
James Peltz
New York
Charles Wohlstetter
Continental Telecom Inc
Wohlstetter
New York City
John Stuart Mill
Charles Dickens
Adam Smith
Oscar Wilde
Contintental Telecom
Continental Telephone Corp
Contel
Bell System
Wall Street
Centel
Iowa
Fayette
Brandon
Maynard
Randalia
Rowley
Cyclohm Motor Corp
Leskis & Wohlstetter
New York Stock Exchange
James V. Napier
Napier
Government intervention ups lawn mowing costs
A hand written sign shows prices rising as the federal government requires push mowers after June 1982 to have a blade shutoff within three seconds. The change boosts costs while potentially reducing injuries, with buyers favoring older cheaper models for now.
MENTIONED IN THIS ARTICLE
Dean Golembeski
Montville
Conn
the Times
Bokoff
Thompson
Blechschmidt
Congress
Early retirement planning grows more critical after Social Security changes
Financial experts say Americans must plan early for retirement after the Social Security Amendments Act. Provisions raise the retirement age gradually and tax up to half of benefits for higher earners, while incentives encourage continued work past 65 with higher delayed- retirement credits.
MENTIONED IN THIS ARTICLE
New York
Reagan
Prentice-Hall
Englewood Cliffs
N.J
Buck Consultants
Congress
Economic and financial brief highlights from mid May week
Reports due this week include April consumer price index and real earnings. auto sales for mid May. first quarter productivity. and weekly unemployment claims. Several industry events and meetings are listed, with social hours at the Sheraton Inn and pig roast in Cedar Rapids. Money rates show prime at 10 percent and various yields across banks and certificates.
MENTIONED IN THIS ARTICLE
Commerce Department
Auto Industry
Labor Department
Cedar Rapids
Sheraton Inn
Iowa economy lagging in national recovery forecast
The University of Iowa forecast says Iowa will trail the nation in the current recovery with growth 3.5 to 5 percent over three years and a 7.4 percent employment drop including 50 700 manufacturing jobs lost between 1980 and 1982.
MENTIONED IN THIS ARTICLE
Iowa City
Iowa
University of Iowa
Jerald Barnard
Institute For Economic Research
Barnard
Stanwood
Robert Ray
Data Resources Inc
Lexington
Mass
Also Mentioned on This Page
Executone
Code Systems and
International Computing
City College of New York
Rubinger, Wohlstetter & Co
Franklin Roosevelt
Cantel
Atlanta
Park Avenue
India
City College
Bob Bokoff
Boston Hardware
George Thompson
Briggs
Stratton Corp
Wauwatosa
Wis
Dennis Dix
Outdoor Power Equipment Association Inc
Washington, D.C
Carl Blechschmidt
Federal
Consumer Product Safety Commission
Dix
Chet Carrier A Ad Prass
Ronald Haneberg
Buck Consultants Inc
Finance Company
Treasury
Merrill Lynch
Telerate Systems Inc
Business @ Health
Millhiser Smith Agency. Inc
Oakland Road
Jim Cole
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