Economic Indicators Preview From Government Reports
Labor Department nurses productivity and revised third quarter data show a surprising four percent gain in non financial corporations. Treasury and Commerce Department releases track money supply, leading indicators, housing starts, and durable goods orders with revisions and outlooks. Health Co. unveils HERO 1 intelligent robot in New York City.
MENTIONED IN THIS ARTICLE
Labor Department
Treasury Department
Commerce Department
Cedar Rapids SCORE Chapter to Meet Wednesday
The Cedar Rapids Chapter of the Service Corps of Retired Executives will meet Wednesday at 10 a.m. at the Chamber of Commerce offices. For information call the SCORE office at 399-2571.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Service Corps of
Chamber of Commerce
Major new bond issues planned for week of November 29
Bond calendar shows Salomon Brothers listing large offerings including $1.3 billion GMAC deferred interest debentures due 2014 and $325 million Grand River Dam Authority credits. Other issues span Citicorp notes $200 million, New Jersey Building Authority $170 million, and various state and municipal bonds with dates through December. UPI notes rates across money markets.
MENTIONED IN THIS ARTICLE
Salomon Brothers
United Press International
U.S
Cigna Corp
Mercantile Texas Corp
Society Corp
Citicorp
Corning Glass Works
Exch
New York State
E.&g
New Jersey Building Authority
Suffolk County
N.Y
California Student Loan Authority
Grand River Dam
Ball Corp Chief Executive Emphasizes Clean Business Policy
Richard M. Ringoen leads Ball Corp., an $815 million maker of jars, zinc blanks, and satellites, insisting the firm only enters clean, high-integrity markets. He stresses modesty, Christian principles, and avoidance of “dirty” sales practices, tracing his career from Navy flight training to Ball’s presidency. He notes Ball’s 52 percent family ownership and his rise from aerospace to CEO in 1981.
MENTIONED IN THIS ARTICLE
New York
Richard M. Ringoen
Ball Corp
Ringoen
Ball
Ringoon
Ridgeway
Iowa
Iowa Falls
J.C. Penney
Navy
Marquette University
University of Iowa
Collins Radio Co
Cedar Rapids
Colo
Ball Brothers Research Corp
Boulder
Muncie
Recession Trend Sparks Startup Wave Across America
A new Business Centres International study finds one third of executives and others who change jobs yearly go into business for themselves. Venture capital jumped from 40 million to 1 billion dollars in four years as recession boosts entrepreneurship. The firm, founded in Bahrain, cites motives from tax cuts to ambition and global market shifts. The study notes early thirties as prime for starting up and that capable entrepreneurs are hands-on doers. A separate note records Egypt declining Egypt’s invitation to informal Middle East talks in Cairo ahead of Geneva.
MENTIONED IN THIS ARTICLE
Persian Gulf
Bahrain
Kazem Iravani
Middle East
New York
John Foley
Boston
Iravani
Unversity of
Michigan
Harvard
Washington
Houston
Atlanta
London
Frankfurt
Jeddah
Riyahd
Foley
United Press International
Harvard Business School
Soviet Union
Egypt
Cairo
Registered Bonds and Tax Exemptity Under New Law
The IRS clarifies that bonds issued before January 1 1983 retain tax exempt status. from January 1 1983 onward only registered bonds remain tax free. Bearer bonds issued after that date lose tax exemption and face a 1 percent excise tax per year of term.
MENTIONED IN THIS ARTICLE
IRS
Also Mentioned on This Page
Investment Company Institute
Donoghue
Bond Calendar
Jerrico Inc
American Southwest Financial Gnma
Carl Karchner
Nashville & Davidson
Tenn
Oklahoma Housing Finance Agency
Louisiana Energy and Power Authority
Michigan State Building Authority
Kentucky
Georgia Power Co
UPI
Telerate Systems Inc
By James Peltz
Associated Press
Ind
Ringin
Everbody
LeRosmite Press
Fac Anal
America
Business Centres International
Los Angeles
San Francisco
Los Angeles Times
Allstate
Sears
Apples
Basic
Staandard
Der
Allstate Insurance Company
North
Sears, Roebuck Company
Cies