Japanese investment tops British as largest US asset owners
Japanese direct holdings in the United States rose 4.1 percent to 96.7 billion, overtaking Britain at 94.7 billion as the Netherlands remains third with 61.3 billion. Canada, Germany, and other nations posted varying gains, while foreigners bought Treasury securities totaling 224.9 billion.
MENTIONED IN THIS ARTICLE
Washington
United States
Netherlands
Canada
U.S
Germany
Commerce Department
Treasury
Allen Sinai
Economic Advisers Inc
Latin America
Japan
Britain
French court rules extradition of Billman to U S approved
Paris Appeals Court rules Thomas Billman may be extradited to the United States to face fraud and swindling charges over a failed Bethesda savings and loan scheme. Extradition hinges on approval of charges by French court. Billman could appeal within five days.
MENTIONED IN THIS ARTICLE
Paris
Thomas Billman
United States
U.S
Billman
Francois Serres
Community Savings and Loan
Bethesda
of Maryland
Family Brand gas station closes on East Patrick Street
Romsberg Enterprises ends lease at the Family Brand gasoline station on East Patrick Street. Geanna Romsberg confirms the owner did not renew. The firm will continue bulk sales, delivery, excavating, and trucking. A new gasoline site is being sought in Frederick.
MENTIONED IN THIS ARTICLE
Romsberg Enterprises
East Patrick Street
Geanna Romsberg
Frederick
Ms. Romsberg
Chevron
U.S. 40
Frederick Towne Mall
Exxon
Bonnie Smith
Health insurer wins $22 million annual contract renewal
OWINGS MILLS AP The Health Care Financing Administration renewed contracts worth 22 million dollars a year with Blue Cross and Blue Shield, despite last year ranking it among the worst Medicare contractors. HCFA had threatened to pull the contract in December but cited progress and a pledge from new president William L Jews to continue improvements. About 350 Hi Gear Tire and Auto Supply employees in Maryland Virginia and DC joined to buy 35 percent ownership via a Bank of Baltimore Employee Stock Ownership Plan BSOP.
MENTIONED IN THIS ARTICLE
Owings Mills
Health Care Financing Administration
Blue Cross
Blue Shield
HCFA
William L. Jews
Hi-Gear Tire
Maryland
Virginia
District of Columbia
Bank of Baltimore
Judge Blocks NAFTA Over Environmental Impact Study
A federal judge barred approval of the North American Free Trade Agreement with Mexico and Canada until the Clinton administration provides a detailed environmental impact statement. The ruling cites NEPA violations and delays Congress' consideration, with the administration planning to appeal while maintaining plans to send the accord to Congress.
MENTIONED IN THIS ARTICLE
Washington
Mexico
Canada
Clinton
U.S
Charles R. Richey
White House
Congress
Mickey Kantor
Justice Department
Kantor
Richey
Bush
U.S. factory orders fall for third straight month
May orders to American factories dropped for the third consecutive month signaling weak growth ahead in manufacturing jobs, with analysts noting job losses and a 28 year low in factory employment. Economists warn of vulnerabilities from taxes health care costs and export weakness. Chesapeake Investors declares an 8 cent per share dividend payable July 20.
MENTIONED IN THIS ARTICLE
Washington
Evelina Tanner
Prime Economic Consulting
Chicago
Thomas Runiewicz
Wefa Group
Bala Cynwyd
American Bankers Association
Stuart G. Hoffman
PNC Bank Corp
Pittsburgh
U.S
Chesapeake Investors
Also Mentioned on This Page
Quiltex
Leggett Stores
Monocacy Federal Credit Union
Old Farm Drive
David Friend
Abbie Business Institute
Shirley Liafer
ABI
Friend
Penn State
Family Brand
Silbiger & Coleman
W. Patrick Street
Fredenck News-Post
Stock Market Report
H. L
AP Stock Quotes
AP Newswatch
AP Agricultural Report
Bel U
IBM
Fredericktown
Toyota
Shockley Hrosries
Alcoholics Anonymous
A.A
Sisto
Singer Model
Quantum LE Electronic
Sewing & Knitting Studio
Heborg
Ome Neale
Singer
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