Windfall for San Francisco waiter as yogurt stand owner
Allan Fong, a 57 year old Chinese restaurant worker in San Francisco, was rewarded with a yogurt stand after returning a bag containing about 277 thousand dollars found under a table. The city, Host International and airport officials arranged a loan to enable Fong to take over the TCBY franchise at San Francisco International Airport, with plans to reopen by mid August. Fong plans to donate some funds and continue working while the transfer is approved.
MENTIONED IN THIS ARTICLE
San Francisco
Allan Fong
Fong
San Francisco International
Mr. Fong
China
Yerba Buena International
Airport Commission
Clarence Daniels Jr
U S moves to bail out Pan Am pension plans
The Pension Benefit Guaranty Corp seeks court takeover of Pan Am two underfunded pension plans to protect 35 000 employees and retirees in a 600 million bailout. Underfunding totals 840 million with 11 000 retirees affected. pilots plan pending.
MENTIONED IN THIS ARTICLE
Washington
Pan Am Corp
Pension Benefit Guaranty Corp
U.S
New York
Pan Arm
Pan Am
James B. Lockhart
Federal agency seizes Pan Am pension to backstop bids
The Pension Benefit Guaranty Corp. will take over 840 million dollars of Pan Am underfunded pension plans, affecting 35,000 employees and retirees. The move heightens pressure on Pan Am to maximize asset value as bidding for the airline accelerates with United Airlines upping its offer for Latin American routes.
MENTIONED IN THIS ARTICLE
Pension
Pan Am
New York
Federal
Pan Am Corp
Pension Benefit Guaranty Corp
U.S
Pension Agency
United Airlines
Durable goods orders fall 1.6 percent in June signaling uneven recovery
U S government data show June orders for durable goods dropped 1.6 percent after May gains, with nondefense orders excluding aircraft down 0.4 percent. Analysts cite a slow rebound, while White House calls the dip a blip. defense orders slump 15.6 percent despite prior rises.
MENTIONED IN THIS ARTICLE
Washington
U.S
Marilyn Schaja
Donaldson, Lufkin & Jenrette
New York
Ed Yardeni
C.J. Lawrence Inc
White House
Marlin Fitzwater
Fitzwater
Commerce Department
Michael P. Niemira
Mitsubishi Bank
Du Pont Q2 earnings dip to 81 cents per share
Du Pont posted 549 million dollars in Q2 net income, down 21 percent from last year, as weaker markets trimmed profits. Sales reached 9.8 billion, up 2 percent from 9.6 billion a year earlier, aided mainly by higher petroleum sales.
MENTIONED IN THIS ARTICLE
du Pont
Wilmington, del
the du Pont Co
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Associated Press
Art Agnos
Pan Am Pension Plans
Lockhart
Nowdefunct
Eastern Air Lines
Feds
AP Stock Quotes
IBM
Il B
Frederick
Sun & Wed
Silbiger & Coleman
W. Patrick Street
Our
Concen
Donald B. Berry
D.C. i
Your Health
Valich Clinic
Reina Mdipa Unicoin
Motvol
Rockledge Plaza
West
Cail
Bou
SOE A
Nj“Equity Mortgage Corporation
Sovran Bank, N A
Waverley Dr. Frederick, MD
Delcap
Delaware Group
DelCap Fund
DeiCap
Tena Ano
Patrick Street
Worteen
Peformance
Lapper Analytical Services, Inc
JeiCap
Lapper
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