Wheeling-Pittsburgh steelworkers strike nine plants
About 8,200 workers walked out at Wheeling-Pittsburgh Steel Corp plants along the Ohio River after mid night Sunday. Pickets priced wage cuts from 21.40 to 15.20 per hour and warned a strike could force liquidation of the company, which has been in Chapter 11 since April. Local officials warned of economic damage to Wheeling and Steubenville as shipments, output, and tax revenue halt until stockpiles run out.
MENTIONED IN THIS ARTICLE
Wheeling
W.va
Ohio River
Wheeling- Pittsburgh Steel Corp
Albert Phillips
Steubenville
Ohio
Wheeling, Pittsburgh
Monongahela River
Pennsylvania
West Virginia
Fa Tempeh Casties
Wit2
Josepe Scalise Jr
Wheeling-Pittsburgh
Wheeling-Pitt
Nelson Wagner
Nsw
William Muegge
Michael J. Walkosky
Tentative pact reached on Westinghouse contract
Westinghouse Electric Corp and 12 unions representing about 21 000 workers reached a tentative contract Sunday just before a midnight strike deadline. Negotiations continued for white collar workers, with no details released. The pact covers blue collar workers at 61 plants and white collar workers at 41 nationwide, with aboard approval pending by union boards and councils.
MENTIONED IN THIS ARTICLE
Pittsburgh
Westinghouse Electric Corp
Westinghouse
Jim Daley
Federation of Westinghouse
International Union of Electrical Workers
United Electrical, Radio and Machine Workers of America
International Brotherhood of Electrical Workers
Credit optimism amid growth despite debt fears in economy
Citicorp says consumer borrowing will rise even as homes and durable goods purchases lag, boosting growth after a 2.1 percent GDP pace. The Conference Board reports June consumer confidence at 91.5, while May debt rises and total consumer debt climbs 20.6 percent since last May. White House names Miller III to head OMB.
MENTIONED IN THIS ARTICLE
Citicorp
Wort Vane
Commerce Department
Conference Board
U.S
Federal Reserve Board
Chicken Littles
David Wyss
Data Resources Inc
Lexington
Mass
White House
Reagan
Federal Trade Commission
James C. Miller III
David Stockman
Office of Management and Budget
GM Secretive About Saturn Plant Site Amid Vying Regions
GM says it knows roughly where Saturn’s 6000 jobs could land but has not begun site negotiations. Reports name southwestern Michigan northern Kentucky and central western Tennessee as possible finalists with Maryland and Delaware also mentioned. Governors Orr and Perpich react to the lack of concrete information and incentives.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Sife
Saturn
Tennessee Valley Authority
Columbia Dam
Kalamazoo
Mich
Michigan
Kentucky
Tennessee
Maryland
Delaware
Stan Hall
Hall
Indiana
Robert Orr
Minnesota
Rudy Perpich
Perpich
Orr
Market outlook bright sees stock gains ahead
Market outlook signals optimism for the U.S. economy as equities push to record highs despite economists debating deficits and sector woes. The stock market’s relentless rise is viewed as a reliable predictor of future business conditions.
MENTIONED IN THIS ARTICLE
New York
U.S
Offbeat costumes draw customers at Hagerstown gas station
Donna Farris, 21, works as a gas station attendant in Hagerstown while wearing varied costumes from a cheerleader to a bunny suit to attract customers. Owner Dan Crum compares the tactic to ads and asserts it aims to convert first-time visitors into regulars. Critics call the promotion offensive and sexist.
MENTIONED IN THIS ARTICLE
Dan R. Crum
Crum
Donna
Also Mentioned on This Page
Steel Industry
Beech Bottom
Daley
Carmine Delle Donne
IUE
The
International Union of Electronic, Electrical
Nninne’ Bargaining Committee
General Electric Corp
General Electric
David Trezise
ED Waters JR
the News
Frederick
Manny, Moe and
Jack
Mitchell G. Leibovitz
Pep Boys Auto Parts
Manny, Moe
Philadelphia
Pep Boys
Subway
LENS
SEPA
Sheraton Frederick
International Franchise Association
Lanier Business Products OF
Western Maryland, Inc
Washington St
Hagerstown
Frederick County
FCNB
North Market St
Rosemont Ave
Patrick St
Thames Johnson
Opossumtown Pike
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