Postmaster General seeks more independence for Postal Service
Postal chief Marvin Runyon urged Congress to grant the Postal Service greater autonomy to operate like a private business. He pressed for ending cross craft work rules, easing price changes, and fewer service-type restrictions while warning against rate hikes tied to a retirement fund. He warned that banning higher rates would devastate service and force a 20 percent budget cut. The GAO noted automation delays and missed savings targets, though USPS officials cited $5 billion saved since 1988 on implemented automation parts.
MENTIONED IN THIS ARTICLE
Washington
Marvin Runyon
Congress
Runyon
House
Government Reform Postal Subcommittee
Commission
Post Office
Michael Coughlin
General Accounting Office
Postal Service
Investigative Agency
William Henderson
The
Peso crisis dents California trade and jobs
San Francisco lawyers report losses from the Mexican peso debacle as Discovery Toys closes its Mexico City office. California economist Phil Romero warns the state’s $1 billion export surplus could fall by one-half in 1995, slowing exports and risking about 6,000 jobs. Mexico remains a major market for California goods, but bailout uncertainty clouds the outlook.
MENTIONED IN THIS ARTICLE
San Francisco
California
Alvna Aldape
Discovery Toys
Martinez
Calif
Mexico City
Phil Romero
Guv
Pete Wilson
Mexico
Romero
Canada
Japan
California Mexico trade partner tied to peso crisis
Mexico is California’s third biggest export market accounting for about six billion dollars of seventy billion in 1994. Peso devaluation and a twenty billion rescue plan create uncertainty for demand. Exporters like Discovery Toys and Wente Bros. adjust plans while remaining bullish on long term prospects.
MENTIONED IN THIS ARTICLE
Mexico
California
Canada
Japan
Aldape
Martinez-based
Discovery Toys
Mexico City
Jane Edwards
Wente Bros. Winery
Eric Wente
Wente
Brady to receive portion of gunman's biography deal
John Hinckley agreed to pay up to 2.9 million dollars in possible book and movie proceeds to James Brady and two other victims of the 1981 Reagan assassination attempt. The pact requires Hinckley to surrender life story rights to a Brady controlled trust which would allocate 80 percent of profits to Brady, McCarthy and Delahanty.
MENTIONED IN THIS ARTICLE
Washington
John Hinckley
James Brady
Reagan
Hinckley
Jodie Foster
Brady
Frederic W. Schwartz Jr
White House
Timothy J. McCarthy
Secret Service
Thomas K. Delahanty
District of Columbia
McCarthy
Delahanty
St. Elizabeths Hospital
B.J
Schwartz
Need for bigger airports seen
A federal report warns of urgent need to expand U S airports to handle a projected doubling of passenger traffic within 18 years. The FAA Aviation Capacity Enhancement Plan notes current growth of 3 to 6 percent and says large airports operate near capacity, requiring immediate action and investment before the Denver International Airport opens.
MENTIONED IN THIS ARTICLE
Washington
U.S
Denver International
Federal Aviation Administration
FAA
Monte R. Belger
Belger
Erosion endangers world food supply
Washington AP reports soil erosion threatens global food security with over a billion malnourished people and millions of tons of soil washed away annually. David Pimentel of Cornell warns per capita food production is falling and would worsen as population grows, unless erosion control is enacted.
MENTIONED IN THIS ARTICLE
Washington
David Pimentel
Cornell University
Pimentel
Science
Cornell
Nature
United States
America
Also Mentioned on This Page
SAN Francisco Examiner
Ple
Americas Law Group
Bay Area
Gunman
Lawrence
Kansas
Kansas City
StockQuote Hotline
Lawren
Journal-World
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