Wage settlements stay moderate amid soft economy in 1976
The Labor Department reports 1976 major settlements averaged 8.3 percent for the first year and 6.4 percent over contract life. Fourth quarter gains were 7 percent first year and 4.7 percent life. Projections for 1977 foresee about 8 percent initial gains with inflation near 5 percent and productivity up 3 percent.
MENTIONED IN THIS ARTICLE
Labor Department
Daniel J.B. Mitchell
University of California At Los Angeles
School
Institute of Industral Relations
Cruikshank
New York Stock Exchange Endures Mixed Dow Jones Averages
The 2 p.m. quotations show volatile trading with notable shifts in major shares. Polaroid, ConEd, and Exxon display varied gains and losses amid a broad market pullback and several sectors holding steady.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Satra Emerges in Global Trade as Chrome Powerhouse
AP News outlines Satra a trading company led by Ara Oztemel, winner of Moscow Olympics TV rights battles with NBC and IOC. Once a major chrome ore importer since the 1950s, Satra now claims the title of the largest U.S. chrome importer amid substantial litigation over rights.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Satra
National Broadcasting Co
International Olympic Committee
Ara Oztemel
Soviet Union
Oztemel
Turkey
U.S
Satra expands beyond chrome trading and motors
Ara Oztemel leads Satra a trader firm now importing minerals and metals and selling U S automotive steel to the Soviets. The company holds exclusive rights to distribute Soviet vehicles in several Western markets and plans Lada sales here next year aiming for 50 000 to 60 000 units annually. Oztemel, 50, and associates own most of Satra after fleeing Turkey in 1944 and building postwar trade ties with Eastern Europe.
MENTIONED IN THIS ARTICLE
Satra
U.S
West Germany
United Kingdom
Canada
United States
Lada
Ara Oztemel
Turkey
War Shipping Administration
Northeastern University
Stone & Webster
Polaroid
Oztemel
Soviet Union
Moscow
Business Seminar in Scottsdale On Small Business Operations
A workshop titled Operation of a Small Business will take place in Scottsdale on April 5. Organized by Scottsdale Community College and the U.S. Small Business Administration with the Service Corps of Retired Executives, the event runs 8 a.m. to 2 30 p.m. in the turquoise room and charges one dollar per person.
MENTIONED IN THIS ARTICLE
Scottsdale
Scottsdale Community College
U.S. Small Business Administration
SBA
Service Corps of
Commodity Closings From Madda Trading Report
Prices for coffee sugar copper wheat corn soybeans and livestock listed for May and Apr contracts. Notable figures include May coffee at 241, May sugar 15480, live cattle 38.62 and hogs 35.42 per cwt. Market not closed.
MENTIONED IN THIS ARTICLE
London
2C. Inc
Stocks Fall Moderately On Rate Worries And Energy Plan
The Dow Jones industrial average slipped 3.07 to 939.25 by mid afternoon as losses outpaced gains 7 to 4 on the NYSE. Volume reached 12.79 million shares with persistent inflation worries and uncertainty over President Carter's planned energy program on April 20 weighing on sentiment. Sony led the active list, dropping around 10 percent amid large block trades on the Boston Stock Exchange.
MENTIONED IN THIS ARTICLE
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Donald C. Bauder
Copley News Service
Conference Board
Voices From Labor
George Cruikshank
Morgan Guaranty Trust Co
WnAird
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Wunion
WestgEl
Weyerhr
WhitCon
American Exchange
Business 8
Scottsdale (Az
Daily Progress
Business Mirror
Madda Trading Company Inc
Chicago Mercantile Exchange
Sun City Area
MJ. Lazarus & Associates
Welcome Aboard Travel
Good Eats Cafe
Gulliver’s Traveis
N. Brown Ave
N. Scottsdale Rd
Bnog
Fourtain & Food Service
VR Hed