Business leaders warn of recession unless Fed cuts rates
Hot Springs VA AP business leaders forecast 1990 growth at 1.8 percent, the slowest since 1982, unless the Fed lowers rates. They warn a prolonged slowdown could threaten next year’s rebound, while exports and inflation trends draw cautious optimism.
MENTIONED IN THIS ARTICLE
Hot Springs
Federal Reserve
Business Council
Fed
Lewis T. Preston
J.P Morgan Inc
New York
Alan Greenspan
U.S
Europe
Japan
Pilot management group fails to secure financing for UAL deal
The pilot management group seeking to buy UAL Corp with British Airways could not secure funding for the $6.75 billion bid, triggering a market drop as banks indicated insufficient commitments. UAL reviews revised proposals while noting market adverse changes and potential strategic alternatives.
MENTIONED IN THIS ARTICLE
Pilot
Chicago
United Airlines
UAL Corp
British Airways PLC
UAL
United
Sara Dornacker
New York Stock Exchange
Rick Dubinsky
Air Line Pilots Association
Dubinsky
Pilot Management Group
British Airways
California
Marvin Davis
Citibank
Chase Manhattan Bank
United Pilots
International Association of Machinists and
Aero
American Airlines
AMR Corp
AMR
U.S. Department of Transportation
College researchers pop corn to study unpopped kernels
In Urbana Illinois college researchers at the University of Illinois study why some kernels remain unpopped. Using Orville Redenbacher brand popcorn, Beatrice Hunt Wesson Foods funds 45000 to analyze moisture, kernel integrity, and popping efficiency. The project, begun in March, has popped over 800 pounds for data and classroom use.
MENTIONED IN THIS ARTICLE
Urbana, Ill
University of Ilinois
Orville Redenbacher
Kay Carpenter
Beatrice Hunt Wesson
BCI Holdings Corp
Lawyers to host literacy ball in Baltimore
The Maryland Bar Association Young Lawyers Section presents Black White Read All Over a black tie fundraiser at the Enoch Pratt Public Library in Baltimore on Saturday November 4 to support literacy. About 12 percent of Maryland residents lack basic reading skills. FCNB Corp reports Q3 1989 earnings of 884000 dollars or 48 cents a share, up 96000 dollars or 12.2 percent from Q3 1988. Nine months ending September 30 1989 earnings total 2659000 dollars or 1.43 per share, up 266000 dollars or 11.1 percent from the prior year.
MENTIONED IN THIS ARTICLE
Young Lawyers Section
The
Maryland Bar Association
Enoch Pratt Public Library
Baltimore
Maryland
Fcnb Corp
Crown Central reports income and quarterly results
Crown Central Petroleum Corp reports a second quarter 1989 net income of 6.3 million on 203 million in revenue, versus 7.2 million on 308 million the prior year, with first quarter 1989 income at 2.8 million on 284 million revenue. Shepherd College hosts Business Week events with speakers on marketing, hospitality, computing, and international business, October 16 to 18, all sessions free. The ASPA Virginia State Conference runs October 22 to 24 at Falls Church venue. contact provided.
MENTIONED IN THIS ARTICLE
Baltimore
Prnewswire
Crown Central Petroleum Corp
Shepherd College
Curtis G. Mason
Media Cybernetics
White Hall
Brian Oxley
International Servicemaster
Wedneday
Donald Diefer
Mack Trucks
Reynolds Hall
ASPA
American Society of Personnel Administration
Fairview Park
Falls Church
Also Mentioned on This Page
James D. Robinson II
American Express Co
Imata
Mountain Reson
Virginia
Roger Smith
General Motors
Treasury
David Mulford
Carle Hills
Toshiki Kaifu
Associated Press
Space Workers
Association of
U.S. Labor Department
Fort Worth
Texas
Donald Trump
Nels
Redenbacher
Valparaiso
Ind
Steve Eckhoff
CPA
Frederick City
Bank Report
Crown Central
Katherine Kelly Howard
Bryan Bolton
Business Week
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