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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Mar 16, 1993

Page

6

Summer jobs program unveiled to boost youth employment

The Clinton administration outlined a 1.3 million youth summer jobs plan, urging private firms to match government jobs. Programs cover clerical and maintenance work, park duties, hospital nursing help, and day care tutoring, with $1 billion requested in addition to $900 million. Reich warned Congress to act swiftly to fund and deploy these initiatives.

Washington Clinton Congress Council of Great City Schools Labor Robert B. Reich Reich Los Angeles Department Inspector General

British Airways investment approved in USAir deal

The Clinton administration approved a 300 million dollar investment by British Airways in USAir with potential for another 450 million pending treaty renegotiations and a yearlong review. U.S. law caps foreign holdings at 25 percent, and congressional action is required for further stake increases. The plan includes shared operations across 38 U.S. cities and London, with USAir crews and aircraft on some routes. Delta United and American opposed the deal.

Washington Clinton British Airways Usair Britain Transportation Federico Pena U.S Pena Delta United American Mr. Pena London Baltimore Pittsburgh

Coping with Family Leave Rules for Small Firms

Small firms facing new family leave law burdens can use contractors to reduce payroll counts, hire part timers under 25 hours, and exempt key high earners. Legal and tax rules apply. consult IRS state agencies and an attorney before changing contracts.

Internal Revenue Service

Potomac Edison Wins Permission for Bonds to Meet Standards

Potomac Edison Co. gains Maryland Public Service Commission approval to issue up to 75 million dollars in First Mortgage Bonds and 8.6 million dollars in Pollution Control Notes over a two year period starting after March 17. The bonds will be filed with the SEC and bid by major securities firms.

Potomac Edison Co Maryland Public Service Commission Commission Cyndi Shoop Securities and Exchange Commission

Seminar Linton Shafer CPAs third ABCs session set

Seminar Linton Shafer Co CPAs presents the third ABCs accounting seminar from 8 to 10 am on Thursday March 25 at the US 40 Holiday Inn Frederick. Registration starts at 7 30 a.m. The program covers computer installation networking staff preparation cost considerations and common trouble areas. Call 663 5122 for more information.

Linton, Shafer & Co Cpas Holiday Inn Frederick

Market gains on cautious New York trading sesh

Stocks rose modestly on light volume as investors searched for bargains amid rate and economy worries. Dow gained 14.59 to 3442.41 while NYSE volume reached about 194 million shares. S&P 500 at 451.43 and Nasdaq Comp at 695.21 reflect mixed momentum.

Dow Jones Industrial NYSE New York Gold AllyPwr Avemco Baltge Bell Air 52S Ua Citizens Bank CSX Corp Comsat Exxon Fcnb Corp Giant Foods F&m Barcorp GTE Corp IBM Kmart Life Tech Litton Lowes Loyola Corp Marriot Uy Mercantile Bakshi New York

Tokyo stocks rise for seventh straight day on Nikkei

The Tokyo Stock Exchange core index advanced for a seventh consecutive session, marking its first seven day climb in two years. The Nikkei 225 gained 48.66 points to 18,076.18 as the dollar strengthened against the yen.

Tokyo Tokyo Stock Exchange

Also Mentioned on This Page

British Airways Investment Tration Treasury Treasury Department By Paul Tulenko Scripps Howard News Service Friderick News Post Rebecca Carr Arthur W. Boyce P.A West Patrick Street Maryland MD. WV RA Andrawals Ion Patrick Center Ed Waters Jr Peter F. Frenzer Nationwide Life Insurance Co Nationwide Companies Nationwide Life George Messner Russell Thompson John Groh Geoff Karlen Debra Fisher Mr. Frenzer Jerry Ferguson Denny Knippenburg Paul Brunner Darrell Karlen Dick Brown Tim Duck Marvin Muncie Moore Corp Nations Bank Enney Pepsico Sears Standard&Poor Standard&Poor’s Industrials N.a FDIC FCNB CD Department Frederick County National Bank
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