Privacy legislation could extend to business sector in 1977
AP Business Analyst John Cunniff reports the Koch-Goldwater bill aims to extend Privacy Act rules to private firms raising potential costs of hundreds of millions. If passed, industries from mailing lists to banks would need retrievable records and individual access, likely slowing progress and prompting firms to audit data practices.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Privacy Protection Study Commission
Congress
Coopers & Lybrand
Koch-Goldwater
Edward Koch
D-N.y
Barry M. Goldwater, Jr
Rcalif
Goldwater
Office of Management and Budget
Forecasting Has Its Shortcomings
An examination of economic forecasting critiques notes forecasters’ human bias and overconfidence. It highlights reliance on econometric models, the influence of vested interests, and the difficulty of predicting turning points. The piece contrasts weather and economic forecasts and reflects on the limits of expert certainty.
Four Of Five In Wrong Job
ATLANTA AP Four of every five people are in jobs that do not tap their talents due to hiring standards. Dr Herbert M Greenberg of Princeton and Jeanne Greenberg describe a 16 year study of 350000 applicants and 7000 clients showing youth education experience maleness and whiteness fail to predict job success. They urge focus on individual dynamics and in house training especially for selling fields to place the right person in the right job.
MENTIONED IN THIS ARTICLE
Atlanta
Herbert M. Greenberg
Princeton
N.J
Jeanne
Greenberg
Meetheger
Unions Expand in South With 1800 New Members in 1976
An AFL-CIO organizing team based in Charlotte says it helped add 1,800 workers to unions across the South in 1976 and plans to push into the textile sector next year. Harold McIver notes gains despite 1975 recession. J. P. Stevens targets loom large in upcoming campaigns.
MENTIONED IN THIS ARTICLE
Charlotte
South
J.P. Stevens
Harold McIver
Industrial Union Department
Southeastern Organizingrogram
McIver
J.P. Stevens & Co
Afl-Cio
Amalgamated Clothing and Textile Workers
Business Week Taps Alexander As Publisher
R Bernard Alexander, longtime Business Week executive, named vice president publisher. He has held roles including Eastern advertising manager for the publication and advertising director. Alexander is a Wharton graduate living in New Canaan Connecticut with his family.
MENTIONED IN THIS ARTICLE
New York
R. Bernard Alexander
Business Week
Gordon L. Jones
McGraw-Hill Publications Co
Alexander
Hill
Philadelphia
Oat of Business
EEK
Wharton School of Business
University of Pennsylvania
New Canaan, Conn
Electric cars may dominate by 1980s says Gould official
Gould Inc. chairman W. T. Yivisaker predicts nearly seven million vehicles could be electric by the late 1980s with up to two of every five cars powered by advanced batteries. Nickel zinc and lithium metal sulfide batteries could boost speeds to 60 mph and extend ranges to 175 200 miles.
MENTIONED IN THIS ARTICLE
Alliance New York
U.S
Gould Inc
W.T. Yivisaker
Yivisaker
Hayes and Wife File Bankruptcy in Memphis Court
Academy Award winning singer composer Isaac Hayes and his wife filed personal bankruptcy petitions in federal court. Debts are listed around six million dollars. Hayes has given up his Memphis business, Hot Buttered Soul Ltd. He remains an international star with his Shaft score and ABC Records in Los Angeles.
MENTIONED IN THIS ARTICLE
Memphis. Tenn
Isaac Hayes
Gary Plotkin
Los Angeles
Hayes
Hot Buttered Soul, Ltd
Memphis
Shaft
ABC Records
Lenders Create Panels to Review Rejected City Loans
Lenders nationwide plan review panels to reexamine denied inner city mortgage applications. Panels already exist in Milwaukee Pittsburgh Cincinnati Cleveland Chicago and Denver but few applicants use them. Officials say panels aid urban minority lending and fall under a new focus on urban affairs by President Carter.
MENTIONED IN THIS ARTICLE
New York
Milwaukee
Pittsburgh
Cincinnati
Cleveland
Chicago
Denver
Savings and Loan
U.S. League of Savings Associations
Carter
Nash County Firms Report 1976 Sales and Income Gains
Harrelson Rubber, Asheboro posts 1976 net sales of 18.027 million and net income of 861 thousand, up from 17.172 million and 700 thousand in 1975. Fourth quarter sales total 5.015 million, up 11 percent from a year ago. Champion International and Hoerner Waldorf near a merger with meetings set for February 24 1977 and a January 14 record date. Southern Film Extruders Inc. declares a quarterly 6 cent dividend payable January 25 to holders of record January 14. B B Walker Co. posts 1976 sales of 45.645 million and net income of 986 thousand after a 256 thousand loss in 1975. National Electronic Card Co. names William J Callahan executive VP and CEO while Dixie Snider remains president. Brenner Industries reports strong year with higher shareholder equity and dividend gains.
MENTIONED IN THIS ARTICLE
Asheboro — Harrelson Rubber Company
Stamford, Conn
Champion International Corp
Hoerner Waldorf Corporation
Hoerner Waldorf
Champion International
Internal Revenue Service
Also Mentioned on This Page
Business Mirror
Albert Cox
Merrill Lynch Economics
Walter Heller
Council of Economic Advisers
Jimmy Carter
Citrus
George Meany
Marketing Survey and Research Corp
New York University
The
Eddie Knox
Fleet Lease Manager
North Main
Siderton
High Point
By Lou Schneider
Gould
U.S. Postal Service
Kenneth J. Howard
M. Allen Pickett, Jr
Howard
North Main Street
N.c
You
Listener
P&l
Eneaistener
Robert McCuiston
C.L.A
Integon
S. Hamilton St
Southern Film
Southern Film Extruders Inc
B.B. Walker Co
Asheboro
National Electronic Card Co
William J. Callahan
Dixie Snider
National
Callahan
Brenner Industries
Brenner Industries Inc
Direct Company Distributorship
Welco, Inc
Plaza
Little Rock
Arkansas
Chevrolet
Mercedes
Cadillac
Buick
Ford
Daughety Lease Mgr
Caribbean Cruise
American Express
Fort Lauderdale
Caribbean
Atlas Cruise
World Travel Agency
Carolina Motor Club
North Main St