Myth of decline ends in American investment optimism
D Michael Engler argues against myths that the United States cannot compete. He cites strong manufacturing productivity, top scientists, and robust opportunities at home. He notes smaller firms drive innovation, acknowledges long-term investment needs, and urges investors to participate with confidence.
MENTIONED IN THIS ARTICLE
Americs
Business Week
Europe
Japan
United States
U.S
New York
Washington
Department of Technology
National Institutes of Health
Pentagon
Dollar climbs vs yen as Tokyo stocks fall sixth day
In Tokyo the dollar rose to 150.75 yen, gaining 0.64 yen from Thursday as Tokyo Stock Exchange shares slipped for the sixth consecutive session. The Nikkei 225 declined 50.27 points, or 1.61 percent, closing near 6,88x. Also noted, Gourmet Diners of America awarded its 1990 Silver Spoon to the South Mountain Inn in Boonsboro for fine dining.
MENTIONED IN THIS ARTICLE
Tokyo
Tokyo Stock Exchange
Tan
Diners of America
Boonsboro
United States
Canada
New York
Wilshire Associates
NYSE
Standard & Poor
FCC urges more competition among cable TV firms
Washington AP reports federal regulator calls for multiple franchises to curb high prices and poor service. FCC Chairman Alfred Sikes cites study showing limited head to head competition, urging Congress to limit municipal entry barriers and ease second franchise access. He notes many viewers remain unserved and favors market driven price discipline.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
Alfred Sikes
FCC
Sikes
Congress
America
Bush Administration
U S economy slows with weak growth and stock drop
The Commerce Department reports a 12 percent annual GNP growth pace from April through June, signaling a weak economy. Stocks slide as the Dow falls about 22 points, NYSE volume soft, and inflation shows a mixed picture amid revisions lowering growth for 1989 and fears of recession.
MENTIONED IN THIS ARTICLE
Washington
U.S
OPEC ministers raise target price to 21 dollars
All 13 OPEC members sign a pact to lift the official price from 18 to 21 dollars a barrel and cut output to 22.5 million barrels per day to push crude prices higher. Analysts note current prices near 16.25, with Brent at 19.65 and WTI at 20.39 for September. Iran's Gholam Reza Aggazadeh asserts adherence at 100 percent through year end.
MENTIONED IN THIS ARTICLE
Organization of Petroleum Exporting Countries
OPEC
London
North Sea
Brent
West Texas
U.S
Gholam Reza Aggazadeh
Senate panel advances transit bill with radar detector ban
The Senate Appropriations Committee approved a $29 billion transportation bill that would ban radar detectors for trucks and require suspension of licenses for drug offenders. It funds rail electrification between Boston and New Haven, Amtrak, and mass transit while keeping spending similar to prior bills.
MENTIONED IN THIS ARTICLE
Washington
Senate Appropriations Committee
New York
Boston
New Haven
Conn
Amtrak
Senate
Federal Aviation Administration
Frank R. Lautenberg
D-N.j
New England
Posta
Also Mentioned on This Page
D. Michael Engler
News-Post
D. Michael Eugier
Frederick
Alex Brown & Sons
Nikkei Down
Dow Jones
Pwr
Avemco Atte Baktge
Banecec
Undgd Bell Atl
Black Dr
CSX Corp
We Citizens Bank
Clorox
Comsat
Exxon
Fedders
Fcnb Corp
F&m Bancorp
Anched First Bank of Fred
Frederick Trading Co
General Motors
Giant Foods
Hech B
IBM
Ferris, Baker Watts, Inc
White House
Cumberland
Fox Croft Ave
Martinsburg
Flo
Hagerstown
Meg Preston
BM Corp
Commerce Department
Daniel Ligon
Ligon & Ligon
Sandy Spring National Bank
Olney
Wes
Federal Reserve
Allen Sinai
The
Boston Co
Geneva
UNC
Cirrus
Frederick County National Bank
MOST
Mid-Atlantic
FCNB
Reading
Orlando
Frederick County
FDIC
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!