IBM Telex Antitrust Verdict Signals Industry Shakeup
A U S District Court ruling orders IBM to pay Telex 352.5 million and changes pricing disclosure rules. IBM must also cover Telex court costs. Telex countersued for 21.9 million. Judge Christensen set Oct 16 for a new trial motions. IBM plans an appeal amid market reactions and mixed expectations.
MENTIONED IN THIS ARTICLE
New York
IBM
Wall Street
U.S. District Court
A. Sherman Christensen
Salt Lake City
Tulsa
Telex
Christensen
John Douglas
Reynolds Securities
Sextuplets Born To Stanek Family In Lakewood Colorado
Eugene J Stanek plans for six new siblings as Edna Stanek gives birth to sextuplets in Lakewood Five babies are in satisfactory condition and one Julia is listed as fair Doctors say the newborns weighed between around two and three pounds at birth and are expected home in about six weeks The Staneks had discussed a second child and used the fertility drug Pergonal before the births Editor notes this was not a planned multiple birth but a welcomed surprise.
MENTIONED IN THIS ARTICLE
Lakewood
Colo
Eugene J. Stanek
Stanek
Edna
Julia
Pergonal
Gregory
19 Arrested Believed Mexican Nationals in Missouri
A routine car check on U S 136 near Rock Port in northwest Missouri led to the arrest of 19 men believed to be Mexican nationals illegally in the United States and a Chicago man. Ten were in two cars and nine were found in car trunks. They were held for immigration officials destined for Kansas City.
MENTIONED IN THIS ARTICLE
Rock Port
U.S. 136
Missouri
Chicago
Atchison County
Fred Kling
Highway Patrol
Kansas City
Kling
el Paso
Tex
Gas Station Owners Press for COuncil Price Ceilings Case
Gas station owners told the Cost of Living Council that price ceilings have forced closures and rule-breaking. Senators and Western operators pressed for action as Phase 4 ceilings face court challenges and potential new price movements by early next month.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
Western
Pete V. Domenici
R-N.m
Bud Walch
Oklahoma City
Council
John
Also Mentioned on This Page
Lester Kilpatrick
California Computer Products, Inc
Massachusetts
Lawrence's
Round Corner
Cost Council
Dunlop
Justice Department
William C. White
Jerry §. Cohen
One Retailer Group
White
East 19Th
East 19Th Street
Pickens
Auto Parts and Service
Iowa
Telex Corporation
David Bishop
Lawrence
Telex Hearing Aid Center
West 33Rd St
Topeka
Sierra Mattress
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