GM Strike Threatens Area Dealers Inventory and Sales
Area GM dealers warn that a prolonged strike affecting over 115000 workers will shrink inventories and curb sales. With Sierra and Sonoma models thinning, dealers predict harder access to specific vehicles. March and April stock building slowed by the strike, and summer demand could falter if the standstill continues.
MENTIONED IN THIS ARTICLE
General Motors
Tom Fisher
Ideal Buick
GMC
Hyundai
Urbana Pike
Frederick
Sonoma
Fisher
Mr. Hayman
Hayman
Ford
Dodge
Wayne Bramhall
Fitzgerald Auto Mail
GM Corp
Flint
Mich
North America
Associated Press
Automotive News
Clinton says he will not intervene immediately in UAW GM strike
Washington AP reports President Clinton will not seek immediate government intervention in the UAW strike against General Motors. He urges both sides to settle quickly while noting the high Taft Hartley standard for federal action. Labor Secretary Herman may address the Las Vegas convention but likely offer no firm guidance.
MENTIONED IN THIS ARTICLE
Clinton
UAW
Washington
Alexis Herman
American Airlines
Man
Teamsters
United Parcel Service
Herman
Las Vegas
National Railway Labor
UPS
GM division funds $100,000 to housing authority to settle pollution complaint
GM's Hydra Motive Division agreed to pay 100000 to a Chicago Housing Authority program aimed at reducing lead poisoning in children to settle pollution complaints. The deal, pushed by Illinois Attorney General and EPA officials, channels funds into community environmental projects as mitigation.
MENTIONED IN THIS ARTICLE
GM Division
Housing Authority
McCook, el
General Motors
Chicago Housing Authority
Illinois
Bertram Frey
Environmental Protection Agency
Ofee
Hiedtro
Sion
la Grange
Richard Fleming
Abbott Laboratories
Olde Cabin Hollow Opens In Shab Row Frederick
Lisa Teach opens Olde Cabin Hollow at 132 East St Frederick offering country gifts accessories and furniture. Open 10 to 5 Mon Sat and 12 to 5 Sun. Items include stenciled furniture by Stencilling by Sandy candles folk art baskets and prints. For more info call 301 662-8510.
MENTIONED IN THIS ARTICLE
Lisa Teach
Olde Cabin Hollow
East St
Shab Row
Frederick
Former F M National Bank HQ sold for 1.4 million
Farmers and Mechanics National Bank’s former headquarters at 154 North Market Street sold for 1.4 million. John R. Laughlin, buyer, expects five to seven new offices and at least 50 jobs, pledging annual 1 million dollars for downtown office space and plans a Computer and Corporate Training Center for AccuTech Business Institute opening in September to train Frederick businesses. He credits Mayor Jim Grimes for climate that spurred the investment.
MENTIONED IN THIS ARTICLE
Farmers & Mechanics National Bank
North Market Street
John R. Laughlin
Laughlin
AccuTech Business Institute
AccuTech
Frederick
Jim Grimes
Mr Laughlin
Stocks of area interest
Market notes show area stocks and market activity with quotations courtesy Ferris Baker Watts.
MENTIONED IN THIS ARTICLE
Ferris Baker Watts
Judge OKs settlement in Merrill Lynch gender bias suit
U S District Judge Ruben Castillo preliminarily approves a class action settlement in a gender discrimination suit against Merrill Lynch claiming bias toward female brokers. About 2,500 current and former brokers may seek benefits with mediators to determine awards. The deal ends a mandatory arbitration system and allocates 600,000 to the eight original plaintiffs' attorneys.
MENTIONED IN THIS ARTICLE
Chicago
Merrill Lynch & Co
U.S
Ruben Castillo
Merrill Lynch
Wall Street
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Ed Waters Jr
Sapappe
Pennsylvania
Maryland
Allegany
Garrett
Small Business Administration
Elizabeth Williamson
SBA
Federal Emergency Management Agency
McDonald's
McDonald's Corp
Frederick County Bar Association
Kristine A. Shaffer
Ms. Shaffer
William Haugh
Mary Ann Ferguson
John H. Tisdale
Thomas Slater
Scott Miller
Thomas Lynch ii
F&m National Bank
Fcnb Corp
Dow Jones
F&m Bancorp
First United
New York
Fred Brewley GE
Alley Energy
Alpha Ind
Grant Foods
GTE Corp
GaPacific
Bell Au
Home Depot Oy
IBM
Kmart
Life Tech
CSX Corp
Lowe’s
Camsat
Medimm
Mercantile Exxon
Ft Bakshr
Ye Mud Atlan Med
WA Nations Bank
Mryan
Onibital Sciences
PenaNat Ty
Jcpenney Tvs
Pepsico
Potom E
Sears
Toys R Us
US Airways
WalMart
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Weis
Frederich
Corpel
TDEO
Hte
AP Stock Quotes
Mutual Funds Report
Scottsdale Securities, Inc
Monroe Street Plaza
Rockville
SIDC
Apeven Srchive