Baldrige Sees Turning Point for U.S. Economy
Commerce chief Malcolm Baldrige expressed optimism that the economy will rebound soon from summer doldrums. He cited modest third-quarter growth, low inflation, consumer confidence, and potential rises in GNP driven by auto production, while warning Congress against protectionist moves.
MENTIONED IN THIS ARTICLE
Washington
Commerce
Malcolm Baldrige
U.S
Baldrige
Reagan
Commerce Secretary
United States
Europe
Japan
Congress
Major retailers report stronger sales across chains
Major retailers reported sales gains in August with higher price department stores leading. Sears edged up 1.4 percent, Kmart up 6.1 percent but stores open over a year down 1.6 percent, and J.C. Penney up 2.3 percent. Federated, Dayton Hudson, May Department Stores, and Macy’s posted double digit rises in August.
MENTIONED IN THIS ARTICLE
Jeffrey Edelman
Dean Witter Reynolds Inc
Jeffrey Fenner
Merrill Lynch
Pierce Fenner & Smith Inc
Sears, Roebuck & Co
Kmart Corp
J.C. Penney Co
Federated Department Stores Inc
Dayton Hudson Corp
May Department Stores Co
R.H. Macy & Co
Sears
Kmart
Troy
Mich
Penney
Federated
Cincinnati
Dayton Hudson
Minneapolis
Macy
New York
Dulon
Court ruling setback for comparable worth
The 9th Circuit Court of Appeals decision in San Francisco undermines the pay equity concept by allowing employers to rely on prevailing market wages rather than wage surveys. AFSCME leaders vow to push the issue before the Supreme Court, while Chamber of Commerce voices call it legally bankrupt. The ruling sparks labor union resistance and legislative responses as advocates stress ongoing efforts to achieve equal pay through bargaining and policy.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Sth U.S. Circuit Court of Appeals
San Francisco
Washington State
Gerald W. McEntee
American Federation of State, County and Municipal Employees
Equity
McEntee
Virginia Lamp
U.S. Chamber of Commerce
U.S
Jack Tanner
Seattle
State of Washington
Afscme
Labor Department
Eleanor Smeal
National Organization For Women
National Press Club
Ms. Smeal
Appeals Court
Ms. Lamp
Chamber of Commercce
Chamber of Commerce
Richard Lesher
Stock market declines extend after holidays in cautious trading
New York traders ended a holiday week with a slight market retreat as the Dow Jones Industrial Average fell 0.89 to 1325.83 marking a fourth straight small loss. Transportation shares slumped while oil stocks rose, and overall volume increased to 94.48 million shares amid uncertainty about the economy's strength.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
Plumbing course offered for first-year apprentices
Frederick Community College along with the Frederick County Master Plumbers Association and Maryland Plumbing Heating and Cooling Contractors will run a 28 week course for first-year plumbing apprentices. Classes meet 6:30 to 9:30 p.m. on Tuesdays and Thursdays starting September 24 at the Frederick County Vo-Tech Center. Tuition is 30 dollars for members’ employees and 500 dollars for non-members. Contact Vince Loflin or Alan Wachter for details.
MENTIONED IN THIS ARTICLE
Frederick Community College
Frederick County
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Benfield
Ford
Sharon Hoffman
Ken Clements
ED Waters IR
the News
Frederick
Dwaymond
Knomas
Nght
Frederick Trading Co
Dave
Darlene
Eric Clopper
Easton Hardware
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Bu and Loan Association
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Avemco
Unda Baltge
Bell Ad
CSX Corp
ComSat
Con Data Bh
Fairchild Inda F&m Bancorp
Feddera
Genex
Hewl P
IBM
Kmart al
FCC
Arthur K
FCNB
Frederick County National Bank
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