Turner Eyes CBS Takeover Amid FCC Curiosity
Ted Turner owner of Turner Broadcasting seeks to take over CBS, with Turner’s attorneys meeting FCC commissioners in Washington. CBS and Turner spokesmen deny any formal proposal, noting any transfer would require SEC and FCC action. Ferris indicates Turner has long sought a network and may pursue a trustee mechanism if control shifts.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Ted Turner
Turner Broadcasting System Inc
CBS
Federal Communications Commission
Turner
FCC
Commission
CBS News
Atlanta
Tom Seem
CBS Incorporated
Securities and Exchange Commission
Charles A. Ferris
Ferris
Turner Sug
Gested
Turner Broadcasting
Jesse Helms
R-N.c
Senator Helms
CBS Inc
Roy Stewart
Stewart
Hunts accused in silver deals amid $4 billion losses
The Hunt brothers and associates face CFTC charges of illegal silver market manipulation from late 1979 to early 1980 as they built large bullion positions and then faced a price collapse. The case details a string of financial woes for the Hunts including a $1.1 billion margin shortfall and SEC tax disputes.
MENTIONED IN THIS ARTICLE
Dallas
Hunt Brothers
Federal Commodity Futures Trading Commission
Nelson Bunker Hunt
Herbert W. Hunt
Hunts
Hunt International Resources Corp
Hunt International
Securities and Exchange Commission
Internal Revenue Service
Nelson Untis
Hunt
The
Wall Street Journal
Clinton nuclear plant over budget in December
Springfield Bureau reports Clinton nuclear power plant finished December 16.4 percent over budget while total 1984 spending remained within 0.6 percent of targets. Project remains 44 days behind schedule as of Jan 31 with commercial operation slated for July 10, 1986.
MENTIONED IN THIS ARTICLE
Springfield
Clinton
Illinois Power Co
Illinois Commerce Commerce Commission
Illinois Power
Baldwin Associates
ICC seeks Panhandle refunds in five Midwest states
The Illinois Commerce Commission asks the Federal Energy Regulatory Commission to require Panhandle Eastern Pipe Line Co. to refund over 275 million dollars to customers in Illinois Indiana Michigan Missouri and Ohio. It alleges Panhandle buys expensive gas from its affiliates instead of cheaper options. Panhandle denies the charges.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Illinois Commerce Commission
Federal Energy Regulatory Commission
Panhandle Eastern Pipe Line Co
Indiana
Michigan
Missouri
Ohio
Panhandle
Productivity rises as farm prices stay steady in February
February farm prices stayed about 6.2 percent below year-earlier levels while input costs remained flat over eight months. Nonfarm productivity in Q4 1984 rose 2.9 percent from Q3 as the Labor Department revised the prior figure up from 1.7 percent. Existing single-family home sales climbed to a 3 million annual rate in January, marking the fourth straight monthly rise aided by lower mortgage rates. Prices for lettuce cotton soybeans oranges lemons fell, offset by gains in cattle hogs sweet corn and strawberries.
MENTIONED IN THIS ARTICLE
Associated Press
Labor Department
National Association of Realtors
Agriculture Department
Crop Reporting Board
Counties Rank by Crop Yields Led by Logan Stark McLean
CHAMPAIGN AP Farmers in Logan County posted the highest corn per acre in Illinois in 1984, Stark led in soybean yields, and McLean topped total production of both crops. Marion had the lowest corn yield and Jefferson the lowest soybean yield amid drought. Logan benefited from rich soil and favorable pollination conditions. Stark benefited from early planting and timely rain. McLean led corn and soybean total production, with LaSalle, Champaign, Iroquois, and Bureau also high in corn. Iroquois, Champaign, LaSalle, and Livingston high in soybeans.
MENTIONED IN THIS ARTICLE
Champaign
Logan County
Illinois
Stark County
McLean County
Illinois Crop Reporting Service
Marion County
Jefferson County
John Fulton
Fulton
Rod Grusy
Grusy
McLean
LaSalle
Iroquois
Bureau
Livingston
Seasonal Christmas Gift Guide Sparks Holiday Shopping
Seasonal gift guide highlights Christmas decor, toys, and gadgets with Valentine specials. Readers learn about limited time offers, featured brands, and festive ideas from retailers aiming to boost holiday purchases.
Also Mentioned on This Page
Helms
Commodity Commission
Kathleen W. Hathaway
William Herbert Hunt
ICC
Etcetera
Japan
Chrysler
Mitsubishi
General Dynamics
PAN AM
Penney’s
J.C. Penney
Logan, Stark, McLean
Logan Sangamon
Warren Henderson Morgan Stark
Warren
DeWitt
Logan
Crop Reporting Service
Southern
Farmers Market
Recreation Boats
Motors
Sporting Goods
Carbondale
Carterville
Herrin
Marion
Murphysboro
American Motors
Chrysler Motors
Ford Motors
General Motors
le P.O
Uthern
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