GM strike ripples through GM plants as talks resume
In Flint Michigan bargaining resumed at the AC Delco Flint East complex as a GM parts strike spreads to the Pontiac East truck plant. The walkout by UAW Local 651 has halted fuel pumps and cruise controls and could halt production at several plants if not resolved, with engineers noting just in time deliveries complicating supply chain.
MENTIONED IN THIS ARTICLE
Flint, Mich
General Motors
Pontiac East
John Shea
United Auto Workers Union
AC Delco
Flint East
GM Parts
UAW
Joseph Phillippi
Lehman Brothers
New York
Phillippi
Chuck Sain
Burton
Flint
AC East
Mering
Automotive News World Congress
Stephen Yokich
Yokich
Ford
Chrysler
Mexico stocks slide as U S loan doubts grow
Mexico City reports another fall in the IPC index and peso as U S congressional opposition to a $40 billion loan guarantee weighs on markets. President Zedillo pushes constitutional reforms to lure foreign investment in railways and satellites amid a deep peso crisis and protests by affluent women against wage limits.
MENTIONED IN THIS ARTICLE
Mexico City
U.S
Mexico
Ernesto Zedillo
Maricruz Fuentes
Carlos Salinas de Gortari
Zedillo
Mexico Faces Market Turmoil Amid Peso Crisis and U S Aid Debate
The peso devaluation and Mexico’s political crisis rattled markets as privatizations failed to lift sentiment. Analysts expected continued volatility while U S lawmakers wrangled over a bailout package and conditions on Mexico, including stopping drug trafficking and illegal immigration. Tabasco politics added to the pressure as Gov Roberto Madrazo faced calls to resign.
MENTIONED IN THIS ARTICLE
U.S
Tabasco
Damian Fraser
Baring Securities
Mexico City
Congress
Fraser
Billy Tauzin
D-La
Mexico
Tokyo Nikkei slips after quake fears weigh markets
Tokyo share prices fall in moderate trading as worry over Japan's quake damage depresses the market. The dollar climbs against the yen while selling by Japanese and foreign institutions hits construction, road, cement and glass shares once buoyed by reconstruction hopes.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Yoichi Nakama
Sanyo Securities
Kobe Earthquake Hits Markets and Industry
Financial markets in Japan plunged after the Kobe earthquake with the Nikkei 225 down 9.77 percent to 19075.74 and the TOPIX off 1.06 percent to 1483.51. Trading volume surged as 400 million first section shares changed hands while declines outweighed advances. Currency moved as the dollar traded around 99.90 yen in Tokyo.
MENTIONED IN THIS ARTICLE
Mr. Nakama
Japan
Kobe
Tokyo
New York
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Richard Wagoner
Washington
Standard&Poor
Hfretterick Nefus Ost
Frederick
Equity Management, Inc
Denmore Gardens
Baltimore
BP Tvr
Voonmi
TAX & Financial
Januan
Tax & Financial Directory
Apols
Jessie Hetzler
Orchard
Kelly Hahn
the Orchard
N. Market St
Eileen
Jim Hickey
Nelson Zahler
Nikkei
Ferris, Baker Watts Inc
IBM
Dow Jones Indust
Kmart
Life Tech
Loral Corp
Wes
AllgPwr
Loyola Corp
Alpha Ind
Marriott
Umax
MCI Comm
Xeh
Mercantile Avemco Ih
Nkshr
Baltge
Nations Bank
Bell At
Penney
BioWhittaker
Pepsico
Ack Dr
Atom EI
Citizens Bank
Sears
Coca Cola
USFG
Comsat
Wash Gs
Crown Amer
Weis
Exxon
Asx F&m Banco
Asx First United
Giant Foods
Orp
Hech B
Vei
Maine
Citizens Savings Bank
Robety
Fredrick
Patrick St
TDG
The
Scottsdale Securities Inc
AP Business Barometer
Scottsdale
On & Gas
Ate Inc
Scottsdale Securities, Inc
Discount Stock Brokers
Executive Blvd
Rockville
SIPC
Scotterisle
Quick & Reilly
Fidelity
Waterhouse
Merill Lynch
Meni Lynch
Nrewspas
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