Rubin Greenspan push U.S. aid plan for Mexico
Treasury Secretary Rubin and Fed Chairman Greenspan urged congressional approval for expanded U S loan guarantees to Mexico as markets rallied. Clinton officials signaled potential up to 40 billion dollars in guarantees backed by oil receipts. The plan aims to restore confidence without widening the U S budget and mirrors steps after Mexico’s peso devaluation.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Robert Rubin
Federal Reserve
Alan Greenspan
U.S
Mexico
Congress
United States
Clinton
Greenspan
Rubin
White House
House
Newt Gingrich
Senate
Bob Dole
Richard Gephardt
Tom Daschle
Ernesto Zedillo
Capitol Hill
Sen
Paul Simon
D-Ill
Mr. Rubin
Israel
U.S. Treasury
Latin American
Canada
NAFTA
London Fog moves headquarters back to Maryland from Connecticut
London Fog Corp says it will relocate its corporate HQ and 85 jobs from Darien, Connecticut, to Eldersburg, Maryland, with some staff to New York City. Workers may lose positions. DEO incentives were not disbursed. Company merged with Pacific Trail in 1994 and aims to restore profitability through restructuring.
MENTIONED IN THIS ARTICLE
Darien, Conn
London Fog Corp
Connecticut
Maryland
Eldersburg
Darien
London Fog
New York City
Pacific Trail Inc
Robert E. Gregory Jr
Gregory
State Department of Economic Development
Joe Cohen
DEO
London
Cohen
Market indices update from New York reports
New York reports show S&P 500 at 465.97 down 4.33 points while S&P Industrials stand at 553.68 lower by 4.43. Nasdaq Composite touches 762.16 down 5.65 with NYSE index at 253.95 off 2.23 and Amex at 436.13 down 1.24. Wilshire equity index values at 4,599.474 billion, down 38.753 billion.
MENTIONED IN THIS ARTICLE
New York
Standard&Poor
Standard&Poor’s
USF&G signs 10 million contract with Maryland firm
USF&G announces a four year deal with minority owned Maxima Corp of Rockville to process internal computing work. Some 130 information systems staff at USF&G will shift to full time positions with the contractor to avoid phased layoffs. Thomas K. Lewis Jr. notes the move spares dribs and drabs layoffs.
MENTIONED IN THIS ARTICLE
Baltimore
Usf&g
Maryland
Information Systems
Rockville
Maxima Corp
Thomas K. Lewis Jr
Also Mentioned on This Page
Mr. Greenspan
U.S. Central Bank
Capitol
First Citizens Financial Corp
Citizens Savings Bank F.S.B
the Mortgage Consultants, Ii
Warren
Bell Atlantic Mobile
Evergreen Square Center
Buckeystown Pike
Frederick
Giant Foods
Dow Jones Ween
GTE Corp
Kmart
AllgPwr
Life Tech
Alpha Ind
Loral Corp
Aljumax
Wes
Loyola Corp
Avemco
Marriott
Baltge
Bell
Mercantile BioWhittaker
Bakshr
Nations Bank
Citizens Bank
Penney
Pepsico
Coca Cola Orp
Comsat
Exxon
Ask Weis
Fcnb Corp
Asx
First United F&m Bancorp
Ferris, Baker Watts Inc
F&cm
Fem
Farmers and Mechanics National Bank
FDIC
Fém
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