Tire price hikes hit nation 3 to 6 percent
Akron based reports indicate Goodyear Firestone General Tire and Goodrich raise prices 3 to 6 percent July 1 to 18 while Uniroyal assesses its stand. Smaller firms expected to follow, per industry sources. A separate item notes a university vaccine trial for gonorrhea announced by University of Pittsburgh researchers. Beverly Hills Supper Club fire lawsuits may consolidate into a single federal class action of $200 million in Indiana.
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Akron, Ohio
Goodyear Tire & Rubber Co
Firestone Tire & Rubber Co
General Tire & Rubber Co
B. F. Goodrich Co
Uniroyal Inc
Covington, Ky
UPI
Beverly Hills
Indiana
U.S. District Court
U S Aims for Normal Ties with China in Policy Speech
Secretary of State Cyrus R. Vance stressed that friendly relations with China are central to U S foreign policy and a goal of full normalization. He said the United States also seeks peaceful Taiwan settlement, while maintaining a strong military presence in Asia. Vance noted the China policy should not jeopardize U S Soviet relations, and that full ties could occur if Taiwan concerns are resolved.
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New York
Cyrus R. Vance
Peking
United States
China
Vance
Soviet Union
Taiwan
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State Dept
Washington
Honda Accord shortages spark price gouging allegations in Detroit
Detroit reports claims that Honda Accord shortages drive dealers to add 400 to 700 in prep and delivery charges and markups well above sticker price. Industry observers compare the phenomenon to past Beetle shortages, while Honda officials say shipments cannot rise until 1978 and then only 20 percent.
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Detroit
Honda
U.S
American Honda Motor Co
Automotive News
Schmillen
Water rationing draw price hike warning in San Francisco
City Water Manager Kenneth Boyd warned residents to cut shower use and hold reductions to 25 percent or water rates could rise by 50 percent as revenue falls from conservation. State officials disputed the approach saying waste worsens California's drought.
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San Francisco
UPS
San
California
Gene Kelleher
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