U S and Soviet likely to revive normal trade relations
Washington reports the United States and the Soviet Union on the verge of reestablishing normal trade as leaders meet at a summit. The goal is to spur perestroika with Western economic aid while limiting near term expectations and weighing tariff issues under Jackson Vanik.
MENTIONED IN THIS ARTICLE
Washington
United States
Soviet Union
Bush
Mikhail S. Gorbachev
Gorbachev
Mr. Gorbachev
Mr. Bush
U.S
Congress
Jackson Vanik
Commerce
Robert Mosbacher
Existing home sales steady as rates stay low into next year
Existing home sales held at a seasonally adjusted annual rate of 3.52 million in October, the Realtors say, the strongest since January and supported by easing mortgage rates. Analysts expect rates near 9 percent by spring, keeping demand healthy. the national median price fell to 92,100, with regional variances in October markets.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Rob Rosenblatt
Mortgage Bankers Association
Rosenblatt
John A. Tuccillo
Tuceillo
Federal Home Loan Mortgage Corp
Norman D. Flynn
Federal Reserve
West
IBM as a transnational giant shaping global markets
IBM is portrayed as a quintessential multinational, spreading its research and manufacturing worldwide while maintaining strong U.S. ties. The piece argues transnationals transcend borders, complicating national policy as governments seek to balance global operations with local job creation and industry strategy. It cites IBM's Japan and Europe presence, cross-border supply, and calls for reassessing industrial policy to serve national interests alongside corporate globalization.
MENTIONED IN THIS ARTICLE
Armone
N.Y
Japan
International Business Machines Corp
IBM
Europe
United States
Manhattan
C. Michael Armstrong
Detroit
IBM World Trade Corp
West Germany
Siemens AG
Netherlands
NV Philips
General Motors Corp
Ford Motor Co
TBM
U.S
Ford
Washington
Harvard University
Robert B. Reich
New Republic
America
Cumberland tire plant restart hangs on March financing
A group of rubber workers called Project IMPACT has until mid March to secure funding to restart the former Kelly-Springfield Tire Co. plant in Cumberland. MEDCO plans to subdivide and sell the 89 acre site if financing fails, while workers remain confident they can raise the needed capital before the deadline.
MENTIONED IN THIS ARTICLE
Mr. Mayer
MEDCO
Kelly
Cumberland Tire Co
Mayer
James Getty Jr
Project Impact
Mr. Getty
Local stores offer play of eight out-of-state lotteries
Computer Telemarketing Corp. installs terminals at Sam's Convenience Store and Johnson's Liquor Store enabling customers to play lotteries from eight states. Players pay a 2 dollar play for each 1 dollar wager and receive a receipt and documents to claim winnings. The system covers Arizona, California, Florida, Illinois, New Jersey, New York, Ohio and Pennsylvania plus various games, with CTS acting as an independent agent.
MENTIONED IN THIS ARTICLE
Mike Bender
Computer Telemarketing Corp
Jim “Shadow” Boyer
Pennsylvania
Sam Zindeh
Sam
New Jersey
Sam’s
Willowdale Drive
Johnson's Liquor
Motter Ave
Baltimore
CTS
Sam's Convenience
Johnson's Liquor Store
Eastalco Plant Returns to Full Capacity at Buckeystown
Eastalco Aluminum Co. near Buckeystown has 850 employees working full shifts at full capacity. A strengthened world market and demand for aluminum, plus the value of the dollar, drive the rebound as the plant has run at full capacity since March 1987. Eastalco, a wholly owned Alumax subsidiary in the Amax group, operates daily since 1970 and produces about 1 million pounds of ingots per day.
MENTIONED IN THIS ARTICLE
Eastalco Aluminum Co
Buckeystown
U.S
Jerome S. Doubroff
Eastalco
Doubroff
Alumax
Amax
Bellingham
Wash
Becancour
Canada
Mount Holly
S.C
Mr. Doubroff
Reynolds Aluminum
Alcan Aluminum
Federal market for small business contracts grows
The government awarded small firms $35 billion in contracts last year, over 18 percent of total contracts. For information contact the Small Business Administration at 1 300-368-5855.
MENTIONED IN THIS ARTICLE
Small Business Administration
Also Mentioned on This Page
U.S.S.R
Jackson-Vanik
Supreme Soviet
Bush Administration
Carla Hills
Gavier Annemas
South
Midwest
Northeast
John Cunniff
L. Oxley
Dogwood Lane
Middletown
Uae
First General Mortgage Company
First Virgana Bank
Speek
Mercy Porter
Cheryl Lewis
Aby Ea Waters Jr
Arizona
California
Florida
Ilinois
New York
Ohio
Pennsylania
Fed Market
Golden Mile
Carey Auto Parts
A.T.C
Uniden
Velmvar
I Apponime Alpaton
Automotive Omaucations Center
Cellular
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