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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jun 03, 1983

Page

4

Maryland Economic Delegation Heads to Chicago for Luncheon

Maryland's economic development team travels to Chicago for a one day luncheon at the Westin Hotel to woo about 250 Chicago CEOS with Maryland industry prospects. Governor Hughes says the event promotes Maryland and serves as a first step toward attracting new business, with food flown from Maryland and talks by state leaders.

Annapolis Maryland Windy City Chicago Swank Westin Hotel Harry Hughes Dennis McGee Department of Economic and Community Development Hughes Oriole Brooks Robinson James Roberson Jim Brooks Montreal New York City Land Europe Japan Los Angeles McGee W. Pesull Wn

Fairchild relocates headquarters to Dulles airport site

Fairchild Industries moves corporate headquarters from Germantown Maryland to a five acre site at Dulles International Airport under a 40 year lease. Building expected to be completed in 18 to 24 months pending approvals. The move supports growth of international operations and access to transportation.

Germantown Fairchild Industries Inc Federal Aviation Administration Maryland Dulles International Airport Virginia Fairchild Dukes Dulles Harry Hughes Hughes Baltimore-Washington International Airport Edward G. Uhl Gov. Hughes BWI Uhl Hagerstown

Blue Cross and Blue Shield seeks higher Medigap rates

Blue Cross and Blue Shield of Maryland asked for a rate increase in the high option Medigap program, boosting premiums for subscribers with both Blue Cross and Blue Shield coverage by about 23 percent. The hike would raise monthly costs from 56.06 to 77.48 dollars, following a 16 percent rise in January noted as insufficient by the spokesman.

Baltimore Blue Cross Blue Shield Maryland Peoples Drug Stores Inc NYSE

Market climbs as late buying boosts Dow and S&P gains

Markets moved higher after a late buying surge amid signals of economic strength and easing rate fears. Blue chips and tech led advances while retailers reported May gains. Boeing and Northwest tied to jet orders. The day featured higher NYSE volume and mixed futures, with the Dow up 9.23 to 1221.44 and major indices finishing in positive territory.

Soekaneen New York Stock Exchange Sears Federated Department Stores Kmart Associated Dry Goods F.W. Woolworth J.C. Penney Atlantic Metro Boeing Northwest Airlines Black & Decker NYSE Standard & Poor S&p

High tech spies seek VHSIC edge in Silicon Valley

In Silicon Valley and across the United States researchers work on the Pentagon VHSIC program to create very high speed integrated circuits. U.S. officials warn of a Soviet push to tap into American tech, with cases from IBM secrets to radar to satellite imagery systems. Local prosecutors and industry analysts note rising high tech crime and a clampdown on exports amid fears of infiltration, with Japan and France also cited as sources of concern.

Santa Clara Calif Silicon Valley U.S United States Pentagon Vesic Central Intelligence Agency Moscow San Francisco Bay Douglas Southard John Shea IBM Hughes Aircraft Intel California Shea Lucy Wi Optical Engineers Soviet Union Microelectronics News Japan Nihon Keizai Shimbun KGB Inouga Wcy Washington Peter Lindstrom Shockley Volkswagen, Inc Volkswagen Honda Audi Shockley Volkswagen Peter Honda Motor Co England Lincoln Technical Institute American Radio Relay League W.A.S Buckeystown Pike P.O Frederick

Also Mentioned on This Page

Louis L. Goldstein Center Champe C. McCulloch Af C&p Telephone Co William J. O'Byrne Jr Baltimore Gas & Electric Co Comptrollers Office Shield Frederick Product Co. Inc Francis Scott Key Sheraton Inn-Frederick Thomas Pearson Purdue University Restaurant, Hotel and Institutions Management Institute Frederick Produce Frederick Produce Co Baltimore Chef's Association Auor Jonathan Flora Newark N.J People Express Shockle Wiltrom Monday Inn Volkswa Dow Jones Avemco Corp CSX Corp Comsat A Exxon Fairchild Ind F&m National Fedders Fst Md Bac Genex Wb GenStar Giant St Hech Hewl P I Litton Lowes Marriott Corp MD Natl Cp Mercantile Baksler Murphy Phil of H Penney Planten Potom el Ryan Homes Safewy Standex Bep Tandy Whittak Baker Watts & Co CPC Joseph Wisniewski W. Patrick Sr Suite B. Frederick Brernie Holiday Cinemas Francis Scott Key Mall Ted Qt Maratthoks Ferdes Straw Tex Vehicles
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