Thompson fights Case cutbacks in Illinois delegation
CHICAGO AP The Illinois delegation led by Governor Thompson will press Tenneco to expand operations at two J I Case farms plants near Rock Island and to preserve machinery at the Farmall plant. Rock Island officials seek incentives and state funds for job training while aiming to attract a buyer for the Farmall site. Kennedy, Town and Country publisher, dies of cancer at 49.
MENTIONED IN THIS ARTICLE
Chicago
Thompson
Houston
Tenneco Inc
J.I. Case
Rock Island
James R. Davis
Tenneco
International Harvester
Farmall
Harvester
Davis
Illinois
James Ketelson
Planis
Department of Commerce and Community Affairs
David Fields
Fields
NEW York
Charles J. Kennedy
Town and Country Magazine
Town and Country
Newsweek
Focus Corporate socialism By Sharon Cohen Of The Associated Press
Rockford firm Woodward Governor Co operates as a lifelong membership club where workers and managers share the same titles and oath, with a profit driven approach and a paternalistic plan. The company emphasizes equity, in house services, and strong appearance rules while paying on peer rankings and offering robust benefits and job security.
MENTIONED IN THIS ARTICLE
Sharon Cohen
Associated Press
Rockford
Woodward Governor Company
America
Woodward
Leo Powelson
Everyman
Colorado
Powelson
Tennessee Valley Authority
Hoover Dam
Khyber Pass
Willard Zangwill
University of Chicago
Woodward’s
Amos Woodward
Jim
Government turns to temporary work policy shift
The Reagan administration directs federal agencies to hire temporary workers to cut costs and ease budget adjustments. The policy expands the use of temp hires up to four years, extends to high level roles, and allows bypassing standard competitive exams, sparking concerns of patronage and politicization.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Reagan Administration
Patrick Korten
Federal Office of Personnel Management
Donald J. Devine
Office of Personnel Management
Reagan
Rela
Devine
Richard B. Post
Building Tax Plan Chills Housing Market
Treasury tax simplification plans threaten real estate value and new construction. Economists warn home values could drop 10 to 20 percent, with vacation homes hardest hit. Mortgage deductions shrink to 35 percent value, itemized real estate tax deductibility ends, and vacation-home caps raise after tax costs. Mortgage rates may fall, offsetting some price declines, while construction drops about 8 percent. Data Resources projects varied home value losses by price tier, with some homes gaining slightly.
MENTIONED IN THIS ARTICLE
New York Times
NEW York
Treasury
Reagan
Congress
George Sternlieb
Center For Urban Policy Research
Rutgers University
Treasury Plan
Jesse M. Abraham
Data Resources Inc
Data Resources
Sternwieb
Rutgers
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Town and
Bollenbach
Plato Leeson
NEA Gra