OPEC holds course on prices amid rising non-OPEC supply
OPEC in Vienna kept its production ceiling unchanged through June 1996 while noting output above its target and rising non-OPEC supplies. IEA warns demand for OPEC crude will fall, keeping prices pressured as markets react. analysts say compliance may lag and a further meeting could be needed.
MENTIONED IN THIS ARTICLE
Vienna
OPEC
Organization of Petroleum Exporting Countries
International Energy Agency
Erwin Jose Arrieta
Venezuela
IEA
Vahan Zanoyan
Petroleum Finance Co
New York
London
Brent
West Texas
Tom James
Far East
Credit Lyonnaise Rouse Ltd
Nigeria
Qatar
Saudi Arabia
Economic Commission Board
Debt Worries Grow As Holiday Spending Nears
Millions of consumers near credit limits as holiday shopping starts. Economists warn red ink for many shoppers and potential retailer pain from debt. Delinquency rates rise, card use expands, and price caution shapes December sales forecasts.
MENTIONED IN THIS ARTICLE
Warren Heller
Veribanc Inc
Wakefield
Mass
Consumer Credit Counseling Service of Greater
Debt indicators show rising credit card debt and delinquencies
Total credit card debt climbed 21 percent to 195.2 billion at quarter end. 30 days or more overdue rose to 3.26 percent from 3.18 percent, with delinquencies exceeding 3.0 percent only in three prior years. Bankruptcy filings for Q2 1995 rose 8.8 percent from 1994, and the yearly total increased 1.5 percent after a downward trend.
Union Boeing at square one in stalled talks
A federal mediator will contact The Boeing Co. and the Machinists union again Friday to gauge readiness to return to bargaining. After a 61 percent no vote, union members rejected a three year offer with health care premiums takeaways, prompting renewed mediation and questions over next steps.
MENTIONED IN THIS ARTICLE
Boeing Co
Machinists
Ben Youtsey
Federal Mediation and Conciliation Service
Youtsey
Don Booth
Boeing
Auburn
The
News Tribune
Tacoma
International
Association of Machinists and Aerospace Workers
Robert E. Gregory
Paul Binder
Puget Sound
Spokane
Wichita
Kan
Gresham
Ore
Portland
Washington
Kansas
Paul Nisbet
JSA Research Inc
Newport
R.1
Shopper wins $10,000 in Lawrence treasure chest draw
Linda Browning, a Lawrence elementary school teacher, won a $10,000 gift certificate prize from a shopper sweepstakes at the Lawrence Riverfront Plaza Factory Outlets. About 20,000 area residents received a key to try opening a treasure chest, with Browning triggering the lock.
MENTIONED IN THIS ARTICLE
Lawrence
Linda Browning
Lawrence Riverfront Plaza
Browning
Greater
Kansas City
Also Mentioned on This Page
Federal Reserve
Robert B. McKinley
RAM Research Group
Frederick, Md
McKinley
William Ford
TeleCheck Services Inc
Houston
Chessen
ABA
Union
Square One
Associated Press
Prince of Wales
Paul Newman
Prince Charles
Duchy Originals
Mike Cornish
Prince of Wales” Charities Trust
CMTSS
MGM
Lazard Freres & Co
Hollywood
Metro-Goldwyn-Mayer Inc
Lazard
Consortium de Realisation
CDR
MGM Studios
Lazard Freres
Dilbert
Lander
Central National Bank
Fidelity Savings Association
ARM
Capitol Federal Savings
First Savings Bank
EU Credit Union
Mercantile Bank
Mutual Savings Association
Arm's
Concord Mortgage
Dumpo
Arn’s
Vaifha
VAFHA
Call Lander
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