McDonnell Wins Army Apache Contract Modification
McDonnell Douglas Helicopter Co. in Mesa won a 7 million dollar Army contract modification for Apache helicopter work. The project aims to support the Apache program in Mesa with completion expected by September 30, reflecting post Cold War defense needs and sustaining Arizona defense jobs.
MENTIONED IN THIS ARTICLE
McDonnell Douglas Helicopter Co
Mesa
Army
McDonnell Douglas
Washington
U.S
Arizona
DeConcini
Talley Wins Preliminary Injunction Over Airbag Royalties
Talley Industries of Phoenix secured a preliminary injunction requiring TRW Inc. to keep paying royalties under their airbag technology license while TRW’s suit to end payments proceeds. TRW seeks to stop royalties amid claims Talley violated the license by aiding competitors. Talley counters with $250 million in accelerated royalties and damages for alleged interference with business relations.
MENTIONED IN THIS ARTICLE
Phoenix
Talley
TRW
Russ Lyon Realty Expands to Chandler Site Opening July
Russ Lyon Realty plans a 4300 square foot expansion and relocation of its Southeast Valley office to Chandler Boulevard and Desert Foothills Parkway. The new office, opening in July, will be in a commercial center developed by Linkletter Perris led by Bernie Weiner and Art Linkletter with his son Ja.
MENTIONED IN THIS ARTICLE
Russ Lyon Realty
Valley
Chandler Boulevard
Desert Foothills Parkway
Jim Lyon
Linkletter-Perris
Bernie Weiner
Art Linkletter
Rates mixed for T bills as auctions yield shifts
The Treasury sold 12.8 billion in three month bills at an average discount rate of 4.23 percent, up from 4.22 percent, while six month bills at 4.63 percent, down from 4.69 percent. The three month rate rose to its highest since 4.32 percent on May 9, and the six month rate fell to its lowest since 4.41 percent on May 2.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Tech firms team to speed data over cable TV lines
Intel Corp and General Instrument join Tele-Communications Inc and Rogers Cablesystems Ltd to develop high transmission methods for data over cable lines. The alliance aims to achieve speeds up to 1,000 times faster than current modems enabling digitized video and other information to flow more quickly.
MENTIONED IN THIS ARTICLE
Intel Corp
General Instrument Corp
Tele-Communications Inc
Canada
Rogers Cablesystems Ltd
Economists foresee strongest growth since Reagan era
Top business economists from the National Association of Business Economists say despite higher interest rates, the U S economy will grow strongly this year. They project continued expansion into 1995, with the recovery finally gaining momentum as business investment and activity pick up.
MENTIONED IN THIS ARTICLE
Washington
U.S
Ronald Reagan
National Association of Business Economists
NABE sees 10.9 percent rise in business investment in 1994
NABE predicts a 10.9 percent surge in business spending to modernize factories and equipment this year, fueling productivity gains. The panel estimates GDP growth of 3.6 percent in 1994 with inflation near 2.8 percent, and sees little recession risk despite Fed hikes.
MENTIONED IN THIS ARTICLE
NABE
Dunkelberg
Federal Reserve
Southwest CEO sees merger in America West future
Southwest Airlines Chairman Herb Kelleher said economic logic likely will force a merger between Continental and America West, while noting AmWest Partners may invest up to 250 million to aid America West’s emergence from Chapter 11. He predicted a long term alliance could give way to consolidation between competitors.
MENTIONED IN THIS ARTICLE
Southwest Airlines
Herb Kelleher
Continental
America West Airlines
Kelleher
Southwest
Arizona
America West
AmWest Partners
Continental Airlines
Mega Systems moves to Chandler expands or doubles space
Mega Systems & Chemicals, a major chemical distribution system maker for semiconductors, relocates from Phoenix to Chandler at South Park Business Center. The firm will double manufacturing space and go from about 12 to 30 employees by year end, citing rapid semiconductor growth and a key multiyear IC manufacturer commitment. Chief executive Richard Roney notes improved access to Phoenix area's chip makers including Intel Microchip Motorola SGS Thomson.
MENTIONED IN THIS ARTICLE
Mega Systems & Chemicals
Chandler
Phoenix
South Park Business Center
N. McKenny Ave
Richard Roney
Mega Systems
Roney
Ohio
Intel
Motorola
Sgs-Thomson
Abide by car leasing rules to dodge costly errors
The text warns lessees to understand lease terms and avoid three money drains. It covers negotiating the capitalized cost, risks of early termination and charges, wear and tear penalties, and the push for disclosure reforms by the Federal Reserve Board to protect consumers.
MENTIONED IN THIS ARTICLE
Inclu Insurance
Federal Reserve Board
Fed
Randall McCathren
Bank Lease Consultants
Nashville, Tenn
Also Mentioned on This Page
McDonnell
Russ Lyon
AL Ae Os
William Dunkelberg
Temple University
America West Future
Morris Air
United Airlines
Usair
Melanie Rook
D’anna
Tribune
Martha Reinke
Tribune Business
Jane Bryant Quinn
Money Matters
Nyse Index
NYSE
GerberPadts
Philip Morris
Royal Dutch
S&p
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