Food Barn settles suit over Safeway KC division price
Food Barn Stores Inc settled a two year dispute with Safeway over the purchase price of Safeway's Kansas City division in 1988. The suit claimed an audit showed inflated profit figures and sought 14.3 million. Details were not disclosed as trial neared in Jackson County Circuit Court.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Food Barn Stores Inc
Safeway
Kansas City
Food Barn
Jackson County
New York
Food Bam
Peat Marwick Main & Co
Bentsen Eyes Middle Income Relief Plan
Sen. Lloyd Bentsen chairs the Senate Finance Committee proposing tax relief aimed at middle income families facing economic strain since 1980. The plan includes $300 per child credits, easier IRA use, and penalty-free withdrawals for first home purchases, funded by defense cuts.
MENTIONED IN THIS ARTICLE
Washington
Lloyd Bentsen
Senate Finance Committee
Bentsen
Texas
Treasury
Nicholas Brady
White House
Righerd Darman
Michael Boskin
President's Council of Economic Advisers
Middle America
Boskin
House
Ways and Means Committee
Bush
Brady
Darman
Dan Rostenkowski
D-Ill
Yeltsin wins approval for commonwealth plan in Russia
Russian legislature voted 1886 to approve Boris Yeltsin's Commonwealth of Independent States pact amid applause. Yeltsin hailed the decision as historic and urged unity, while Mikhail Gorbachev signaled possible resignation and warned the plan could bring disintegration and chaos.
MENTIONED IN THIS ARTICLE
Moscow
Boris N. Yeltsin
Commonwealth of Independent States
Yeltsin
Russia
Byelorussia
Ukraine
Repub
Lics
Mikhail S. Gorbachev
Kremlin
Gorbachev
Mideast talks stall over land for peace dispute
Israeli and Syrian negotiators remain deadlocked on land for peace as Palestinians press to meet separately with Israel. Talks proceed in corridors at the State Department while Arab parties seek U.S. intervention to resolve Palestinian representation. The group faces divisions and procedural hurdles amid the 1967 war era issue.
MENTIONED IN THIS ARTICLE
Washington
Mideast
State Department
United States
Margaret Tulwiler
U.S
Israel
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