Senate OKs telephone deregulation move
The Senate endorsed a deregulation bill 904 the measure would end extensive regulation of the telephone industry. It would let AT&T expand into data processing and information services and may affect antitrust actions while keeping basic service regulated and aligning state long distance rates with interstate ones.
MENTIONED IN THIS ARTICLE
Washington
Senate
American Telephone & Telephone Co
At&t
Bell
Reagan
House
Eed
Bob Packwood
R-Ore
Federal Communications Commission
All Savers Certificates Draw Over $15 Billion in Four Days
The All Savers Certificates attract over $15 billion in deposits in the first four days at savings and loan associations. The program offers up to 1000 dollars per person and 2000 for couples tax free, with a 12.14 percent current return and a 12.61 percent first four days rate. A portion of deposits are from new funds, not transfers, with 12 month retention to qualify for the tax exemption.
MENTIONED IN THIS ARTICLE
Chicago
All Savers
United States
Lea of Savings Associations
League
Rollin D. Barnard
S&ls
Barnard
Dean Witter Faces Takeover Rumors by Sears
Reports from Chicago and New York papers say Sears Roebuck & Co may bid for Dean Witter Reynolds Inc, parent of the nation’s fifth largest securities firm. Sears Chicago declined to comment while its pending Coldwell Banker deal was approved. Trading of Dean Witter stock was suspended.
MENTIONED IN THIS ARTICLE
New Restoual
Dean Witter Reynolds Rganization Inc
Chicago Tribune
Chicago Sun-Times
New York Times
Sears, Roebuck and Co
Eerie
Dean Witter
Dean Witter Reynolds
Sears
Coldwell Banker & Co
New York Stock Exchange
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Oks
Arrow
Wembley
Lorraine
Underasi
Hanes
Otto