Boeing posts higher 1989 profits amid strike and 1990 sales forecast
Boeing Co reports stronger 1989 profits and sales despite a 48 day Machinists strike and weak defense performance. The company also forecasts 1990 sales rising about 35 percent to roughly 27 billion, aided by five years of record jetliner orders, though fourth quarter earnings fell 56 percent from 1988. Washington treasuries show higher short term rates with three month bills at 7.77 percent and six month bills at 7.73 percent.
MENTIONED IN THIS ARTICLE
Seattle
Boeing Co
Aerospace and Defense Contractor
Boeing
Washington
Treasury
Treasury Department
Apple Names Spindler Chief Operating Officer in U S Reorg
Apple Computer confirms a corporate reorganization bringing Michael H. Spindler from Europe to lead most U S operations as chief operating officer reporting to John Sculley. The move fills a vacancy since 1988 and emphasizes a push to boost performance across the United States. Chrysler extends most rebates through February to sustain sales momentum with vans less affected by the extension.
MENTIONED IN THIS ARTICLE
San Francisco
Apple Computer, Inc
Europe
United States
Apple
Michael H. Spindler
John Sculley
Detroit
Chrysler Corp
Chrysler
Stocks slump as Dow dives in volatile market
New York stocks were broadly lower in a volatile session led by takeover related weakness. The Dow Jones Industrial Average dropped 18.24 points to 2539.14 at noon while the Transportation and NYSE composite indices also fell. UAL and Unitel weighed on trading as IBM and AT&T slipped, with Sears and Hewlett Packard among gainers later in the morning.</s>
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
New York Stock Exchange
Dow Jones Transportation
UAL
United Airlines
Unitel
At&t
IBM
Sprint to offer voice dial service for long distance
US Sprint announced a voice activated dialing service for business travelers in selected markets between April and June. Users speak a name and password or give pre registered numbers like call home. The system compares voice patterns to prevent unauthorized use and adapts to voice changes over time.
MENTIONED IN THIS ARTICLE
Kansas City
Sprint
Syd Courson
Fran Anderson
Anderson
MCI Communications Corp
Joe McNamara
St. Louis
Courson
Directory runs behind schedule in Kansas area release
Lawrence based Woodward Directories Inc slows production of a new directory covering Lawrence, Topeka and 63 surrounding towns. Publication now planned for February as printing remains unfinished. Meanwhile Kaw Valley Consumer wage claims totaling about 10000 dollars from 26 former employees are being resolved with pay.
MENTIONED IN THIS ARTICLE
Richard Woodward Sr
Woodward Directories Inc
Woodward
Lawrence
Topeka
Kaw Valley
Kaw Valley Consumer
Pennypower
Kansas Department of Human Resources
Craig Liskey
Ciliator
Kansas
Liskey
Lawrence High students compete in ag contest
Lawrence High School students in Stanley Larson's agriculture class competed in a district contest. In entomology LHS finished fifth of ten teams with Brian Gibler placing ninth among individuals. In horticulture LHS was fourth of eight teams with Wendy Harrell finishing tenth among individuals. The contest included written tests and identification of insects and plants.
MENTIONED IN THIS ARTICLE
Lawrence High School
Stanley Larson
East Central District of Agriculture Education
LHS
Brian Gibler
Wendy Harrell
Bell unveils light based computer prototype in Newark
Bell Laboratories demonstrated a crude prototype that uses light rather than electrical impulses to process data. Experts say the technology could revolutionize computing, with potential light based supercomputers operating 1,000 to 10,000 times faster within a decade, depending on further development. Leaders from Bell Labs and research groups highlight the shift from electrons to photons as the key to dramatically faster data processing.
MENTIONED IN THIS ARTICLE
Newark
N.J
Bell Laboratories
Brian Monahan
Bell Labs
Bob Trier
Research Consortium Inc
Minneapolis
Jim Hammons
Sierra Group
Tempe, Ariz
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