Bell reaches out for cable test
AT&T seeks a hybrid videotex link with cable firms to deliver home information services using both networks. The plan envisions two way data over cable and telephone back channels for shopping, news, and banking, with trials already underway by AT&T and partners like Knight Ridder and CBS.
MENTIONED IN THIS ARTICLE
Michael J. McLaughlin
Booz Allen & Hamilton
Mark Kriss
Yankee Group
Bell
At&t
Knight-Ridder Newspapers
Florida
CBS, Inc
Ridgewood
N.J
ABC
Carter
Ronald Reagan
Car and truck output hits ten year low in October
Domestic auto production fell 20.7 percent from 1980 to 534 832 cars in October, the lowest for the month since 1970, with truck output down nearly 18 percent to 147 531 units. Through ten months, cars total about 5.6 million and trucks about 1.4 million, amid weak sales and plant cutbacks.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Automotive News
U.S
Ward’s Automotive Reports
Stocks Fall as Reagan Policy Doubts Stir Selloff
UPI reports a market downturn amid fears the Reagan administration is unsure on economic policy as a recession looms. Dow Jones drops 7.71 to 859.11 while S&P 500 falls 1.20 to 123.54 and NYSE volume slips. Major components like Exxon and General Motors slide amid mixed corporate moves and takeover chatter.
MENTIONED IN THIS ARTICLE
New York
UPI
Office of Management and Budget
David Stockman
Stockman
Dow
Standard & Poor
Mattel
Exxon
General Motors
FTC refuses to drop cereal monopoly case
The Federal Trade Commission unanimously rejected a bid by Kellogg General Mills and General Foods to drop the decade old antitrust case. The staff appealed an admin law judge’s recommendation to kill the case and the commission ruled briefs may aid its final findings. The board said the vote on procedure does not indicate views on the merits.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Trade Commission
Kellogg
General Mills
General Foods
FTC
Competi
Alvin Berman
Baldrige to launch six steel dumping cases next week
Commerce Secretary Malcolm Baldrige announced six separate actions to halt foreign steel dumping in the United States. Five target carbon steel plate imports and one covers hot rolled sheet metal. He indicated most cases would be countervailing duties, with nations including European Community members, to bolster the domestic steel industry's recovery.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce
Malcolm Baldrige
U.S
Baldrige
Senate Steel Caucus
John Heinz
R-Pa
Heinz
Louisa County pollution bonds sell for Louisa Generating Station
Louisa County Iowa announces sale of 25 million dollars in pollution control revenue bonds by Iowa Illinois Gas and Electric Co of Davenport. Proceeds finance facilities at the Louisa Generating Station near Muscatine and are payable from company payments on first mortgage bonds. Bonds mature October 1 2011 with tender options starting October 1 1984. Underwritten by E F Hutton and Co Davenport Bank and Trust Co trustees. The 650000 kilowatt plant is over half complete and set to begin operation mid 1983. Iowa Illinois owns and operates it.
MENTIONED IN THIS ARTICLE
Louisa County
Iowa
Iowa-Illinois Gas and Electric Co
Davenport
Louisa
Muscatine
E.F. Hutton and Co
Davenport Bank and Trust Co
Chemical Bank Lowers Prime Rate to 17 Percent
Chemical Bank of New York cut its prime lending rate by a half point to 17 percent on Thursday. A bank official noted banks may delay passing the cut to the public as many already charge blue chip customers below the posted rate, while others discount for large borrowers in the commercial paper market.
MENTIONED IN THIS ARTICLE
New York
UPI
Chemical Bank of New York
R. Roderick Porter
Chemical
Builder sues operator for condo price
Bjornsen Investment Corp sues Pfeiler Condominium Co and Pfeiler Investment Corp in Linn District Court over the Plaza East condominiums, seeking payment on about 3 million more plus penalties from a 1979 agreement. The case names Donald H. and Karen J. Pfeiler as guarantors. Bjornsen retains 35 units and two workshops while Pfeiler entities hold 13 units, with no request to terminate possession.
MENTIONED IN THIS ARTICLE
Plaza East
First Ave. SE
Linn District Court
Bjornsen Investment Corp
Pfeiler Condominium Co
Pfeiler Investment Corp
Donald H
Karen J. Pfeiler
Bjornsen
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Barnaby Feder
New York Times Service
American Telephone and Telegraph Co
Dennis Sullivan
Sullivan
Ford Motor Co
American Motors Corp
Kenosha, Wis
General Motors Corp
Flint, Mich
Arlington, Texas
J Case Co
Racine
Wis
Case
Tenneco
Dend
Sony Corp
Marathon Oil
Mobil Corp
California Standard
Pennzoil
Marathon
Mobil
SEDCO
Socal
AMAX
Cities Service
Alberta
Syncrude Canada Ltd
Reliance Group
Digital Equipment
Hudson's Bay Oil & Gas
Dome Petroleum
Hudson's Bay Committee
Kirby Exploration
National Association of Securities Dealers
Gaxotee Deed