U S Industry Still No. 1 in Global Output and Growth
GS statistics affirm America remains the largest richest and most productive economy. It produces about a quarter of world goods with 5 percent of the population and maintains high living standards. Yet manufacturing shows job losses while output grows, highlighting a divide between producers and workers and questioning the human impact behind the numbers.
MENTIONED IN THIS ARTICLE
America
Japan
United States
George Bush
Commerce Department
White House predicts modest rise in short term rates
Treasury Secretary Lloyd Bentsen signaled higher short-term rates are likely soon after a year of low rates credited for stimulus. He avoided specifics on timing or Fed action while urging exchange rates that reflect Japan’s cost competitiveness. The Blue Chip forecast cites three-month T bill yields edging to 3.3 percent in Q1.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Lloyd Bentsen
Bentsen
Federal Reserve
Brookings Institution
Japan
U.S
White House
Treasury Department
Department
Union Station Kansas City to become science museum deal
City officials and Trizec Properties Inc. plan to transfer Union Station, about 20 acres and 1.5 million to a nonprofit to convert the depot into a science museum. Mayor Emanuel Cleaver cited a revitalized Union Station and an archival feature. The settlement ends a 1988 lawsuit over a 1974 tax abatement and redevelopment pledge.
MENTIONED IN THIS ARTICLE
Union Station
Kansas City
Trizec Properties Inc
United Nations
Emanuel Cleaver
Trizec
Beatrice chief resigns after year in top post
TLC Beatrice International Holdings said chairman and chief executive Jean S. Fugett Jr. resigned a year after taking over following brother Reginald F. Lewis death. Loida Nicolas Lewis will become chairman Feb. 1 as a search for a new CEO begins. Meanwhile Georgia Supreme Court will not hear GM appeal of a 105.2 million damage award in a fatal pickup crash case and transferred it to the Georgia Court of Appeals.
MENTIONED IN THIS ARTICLE
TLC Beatrice International Holdings Inc
Jean S. Fugett Jr
Reginald F. Lewis
Fugett
TLC Beatrice
Lewis
Loida Nicolas Lewis
Georgia Supreme Court
General Motors Corp
Georgia Court of Appeals
Thomas
Llaine Moseley
Shannon
SEC delays NASD rule on Nasdaq pilot program
The SEC postponed until January 25 the NASD plans to restrict access to Nasdaq electronic trading for a yearlong pilot. Nasdaq had planned to begin the pilot on January 7, limiting who could use the system designed for small investors.
MENTIONED IN THIS ARTICLE
Federal
Securities and Exchange Commission
National Association of Securities Dealers
Pension shortfall grows to 53 billion in 1992
Washington AP reports the Pension Benefit Guaranty Corp says underfunding in 65,000 single employer plans rose to 53 billion in 1992, up nearly 40 percent from 38 billion. The overall underfunding totals 235 billion liabilities against 182 billion assets, with 32 million workers affected.
MENTIONED IN THIS ARTICLE
Washington
Pension Benefit Guarantee Corp
PBGC
Sprint Voice Fancard debuts in phone war with voice print
Sprint unveils Voice Fancard a voice print based calling card that autonomously dials ten prearranged numbers after a toll free access entry. Users say call mother or call doctor and can still manually dial others. The system aims to curb fraud while accommodating illness or fatigue and ties to Sprint Priority Gold offering at five dollars a month with account reviews rewards and travel perks.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Sprint
Dave Schmieg
Consumer Services Group
Schinieg
Sprint Priority Gold
FAA overhaul omits airline tax cut plan
The Clinton administration unveils a comprehensive FAA overhaul proposal led by Transportation Secretary Federico Pena. It aims to reduce inefficiencies to lower costs for consumers, ease foreign ownership limits, and tighten bankruptcy rules, though it excludes any tax cut for airlines. The plan, rooted in a bipartisan study and centered on creating a new air traffic control body, faces strong Capitol Hill opposition.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Federal Aviation Administration
Transportation
Federico Pena
Pena
NBC
U.S
Congress
FAA
Capitol Hill
White House outlines airline plan to reshape industry
The White House proposes a sweeping airline plan that would ease foreign ownership limits and modify laws seen as giving financially weak carriers an edge, claiming it would bring the greatest industry change since deregulation 15 years ago.
MENTIONED IN THIS ARTICLE
White House
Local Stocks Market Update Featured in Journal-World
A brief notice urges readers to dial 865-5000 then enter to hear the stock market update. It promises a complete market wrapup in Saturday's Journal-World.
MENTIONED IN THIS ARTICLE
Journal-World
Midland Elevator Wheat Maize and Livestock Prices Report
Ascot prices for wheat corn milo and soybeans are listed with futures like $3.95 $2.96 $4.89 and $6.90. Omaha market quotations give hogs barrows and gilts up to 41.50 and sow values around 31.50 to 34.50 with weight bands. Kansas City St Joseph and other feedseller quotes show hogs 40.50 to 41.00 and cattle entries around 71.00 for slaughter steers and heifers with various weight classes and steady to higher trends. Rates from Commerce Bank KC note interbank trade context and provide a contact for more information.
MENTIONED IN THIS ARTICLE
Ascot
Midland Elevator
Lawrence
Corm
Milo
Omaha Livestock Oil
Newveycestiary
Omaha
St. Joseph
Josten
Also Mentioned on This Page
SEC
Maia
Wil Jones
Om“ Buckle Inc
Fleming
FMC
Goodyear
Hercules
Kmart
Kroger
Lone Star Sticks
Mercantile
Merck
Nail Pizza
Chnge High Office
O'Reilly Auto
JC Penney
Pepsico
Quaker
Railroad Fin
Sallie Maeve
Santa Fe
Seafield
Sealright
Sears
Sthwest Bell
TRW
Trinova
UtiliCorp
Wal-Mart
Western Res
Williams
Woolworth
Edward D. Jones & Co
Dodge City Livestock
Kansas
Ly Light
Commerce Bank of
N.A
Commerce Bank
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