U.S. trade deficit hits record in January
The January trade gap rose to a record 9.5 billion amid surging imports and oil demand, prompting warnings of a potential annual deficit over 100 billion. Economists noted rising leading indicators but warned the trade imbalance could undermine economic recovery and job growth.
MENTIONED IN THIS ARTICLE
Washington
Congress
Larry Speakes
David Ernst
Evans Economics
United States
Jerzy Jasinowski
National Association of Manufacturers
Robert Wescott
Wharton Econometrics
Commerce
Malcolm Baldrige
Maryland lemon car bill gains conservative backing
Senators Frank Kelly and Jim Simpson testified in Annapolis in favor of a lemon car bill allowing replacement or money back after four repair trips in the warranty period. The measure, drafted by the attorney general's consumer protection unit, would require arbitration before action and 12 months or 12,000 miles coverage with a 30 day out of service provision. The Automobile Trade Association of Maryland and the Maryland Consumer Council support changes including removing the 12,000 mile cap and avoiding a lemon designation on titles.
MENTIONED IN THIS ARTICLE
Kelly
Simpson
Senate
Maryland
United States
Consumer Protection Division
Attorney General's Office
Automobile Trade Association of Maryland
Joseph Carroll
Maryland Consumer Council
Carroll
Vietnam Era veterans sought for VA center contracts
Procurement officers at the Martinsburg VA Medical Center seek solicitations from area small businesses owned by Vietnam Era and disabled veterans. VA Administrator Harry N. Walters says Vietnam Era and disabled veterans are America's next generation of entrepreneurs and deserve special consideration. Medical Center Director J.V. Billes.
MENTIONED IN THIS ARTICLE
Martinsburg
W. Va
Veterans Administration Medical Center
Harry N. Walters
America
Medical Center
J.V. Billes
Prudential promotes Lehr. Heffner wins sales award in 1983
Prudential Life Insurance names Christian Lehr assistant to the vice president for regional marketing in the Mid Atlantic. Robert W. Heffner of Frederick posts more than 3.2 million in 1983 sales and earns the Award of Honor as procurement staff target veteran business opportunities. VA outreach notes limits on set asides but urges veteran owned firms to pursue competitive contracts.
MENTIONED IN THIS ARTICLE
Christian Lehr
Jefferson
Mid Atlantic
Prudential Life Insurance Co
Robert W. Heffner
Frederick
Lehr
University of Pennsylvania
University of Delaware
Baltimore Northwest
Heffner
Stock market ends mixed amid takeover rumors on Wall Street
Wall Street closed narrowly mixed after a day of mid afternoon rallies. Oil stocks dominated the NYSE’s top trades as rumors of bids rattled investors. Dow fell 2.51 to 1154.63 while S&P indexes edged up and volume rose slightly to 92.81 million shares. Leading actives included Gull and Atlantic Richfield with mixed moves across majors. American Exchange value index rose 1.42 to 210.22.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
NYSE
Dow Jones
Gull
Atlantic Richfield
Texact
Mesa Petroleum
Phillips Petroleum
Mobil
Standard & Poor
S&p
American Stock Exchange
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