Future more certain to Americans than in past
AP Business analysis notes renewed buying, rising credit and lower savings have nudged Americans toward a more confident outlook. Inflation near 3.5 percent is easing but still erodes buying power, with experts warning that even modest rates halve value in 24 years. Savings returns lag inflation, yet equity and real estate interest rise.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Martin Gainsburgh
Conference Board
Mutual Savings
Savings and Loan
Multinational Firms Under Attack In U S Debate
A broad overview argues U S based multinationals face criticism at home for profits abroad with a Burke Hartke bill proposed to tighten controls and taxes. It cites Goodyear’s overseas growth, labor and trade dynamics, and asserts MNCs boost world sales while exporting jobs less than critics claim.
MENTIONED IN THIS ARTICLE
U.S
Congress
Burke-Hartke
Mncs
DeYoung
United States
Goodyear
Garbage to fuel oil scheme gains scale at La Verne pilot
An American firm’s garbage to fuel process from Garrett Research and Development, a unit of Occidental Petroleum, moves from a La Verne pilot to potential EPA funded plants in San Diego and Baltimore. The program seeks to convert 90 percent of municipal refuse into fuels and by products, with $2.96 million EPA support possible and broader cooperation tied to a Soviet trade accord. The effort, backed by Dr. Donald E. Garrett and Dr. Armand Hammer, aims to curb waste disposal while generating revenue, though it hinges on successful tests and policy backing.
MENTIONED IN THIS ARTICLE
Garrett Research and Development Co
Occidental Petroleum
la Verne
Calif
Environmental Protection Agency
San Diego
Occidental
Soviet Union
Donald E. Garrett
U.S
Armand Hammer
Moscow
Russia
Also Mentioned on This Page
Joanna Underwood
St. Petersburg
Fla
Harvard Business School
Goodyear Tire & Rubber Co
Goodrich
Firestone
Uniroyal
Russell DeYoung
Baltimore, Md
EPA
Lockheed Aircraft Service Co
Unity
San Francisco
Unity Hospital
South Carolina
Sinai Desert
Discount Foods
Lipton
Crisco Oil
Gladiola
Diamo
Camay Bath
Kim Bell
Lady Kim Towe
Gandy
Kim
Letton
Crisco
Foodway Franks
Bologna
Gooch
Peaches Carolina
Lotuotiutt
ESTEA
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