AT&T price hike approved and Telpak case upheld
U S Supreme Court clears AT and T to raise charges by about 20 million dollars a year while letting stand a billion dollar price fixing judgement against a uranium fuel partnership linked to Gulf Oil and Shell. The court rejects General Atomics bid to overturn cartel windfall rulings.
MENTIONED IN THIS ARTICLE
Supreme Court
American Telephone & Telegraph Co
Federal Communications Commission
At&t
Telpak
Gulf Oil Corp
Shellil
General Atomic Co
Gulf Oil
Gross National Product Overview
A historical note presents Gross National Product measured in billions of dollars, charting values around 1530. The entry outlines the scale of national wealth and economic output in monetary terms as a statistical reference. It emphasizes the concept of GNP as a sum of goods and services produced by residents and businesses.
US economy grows 6.5 percent in first quarter
Washington reports brisk 6.5 percent annual GNP growth for January through March, the strongest quarterly gain since mid-1978, driven by consumer spending and improving trade. Analysts warn growth will slow as inflation and high rates bite into spending and policy debates loom.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Department
SCM reports third quarter income decline and nine month gains
SCM Corporation posted a 24 percent drop in net income for the quarter to 8.1 million or 83 cents a share, with a 1.5 million charge for closing a Chicago paint plant. Nine month results beat last year, driven by Glidden Coatings and Resins and Durkee Foods profits, while some units like SCM Chemicals and Typewriters faced declines.
MENTIONED IN THIS ARTICLE
SCM Corporation
Chicago
SCM
Glidden Coat
Allied Paper
Allied
Glidden Metals
Durkee Foods
Durkee Consumer Foods
Smitt Corona Typewriters
Proctor Silex Appliances
Typetronic
Smith-Corona
Japan
U.K
Paul H. Blicker
Small Business State Meeting In Syracuse Luncheon
A Syracuse luncheon hosts discussion on expanding New York State Small Business Advisory Board and related programs. Theodore Pierson notes April meeting in Syracuse and outlines talks by Richard Drucker and Ben Hisengart on inter agency task force and district office appeals. Francis O Connor will tour area plants after the meeting.
MENTIONED IN THIS ARTICLE
New York State
Small Business Advisory Board
State Group
Syracuse
State Board
Small Business Council
Theodore Pierson
Onondaga Supply Co
Greater Syracuse Chamber of Commerce
Commerce Department
Pierson
Francis O’connor
State Commerce Department
O’connor
Japan ready to cut car exports to United States
Japanese trade officials proposed a 1.7 million unit limit on auto exports to the United States for this year, while Tokyo rejects a 1.5 million three year proposal. Talks continue ahead of Prime Minister Suzuki’s Washington visit as Baldrige notes possible 1981 shipment level under 1.82 million.
MENTIONED IN THIS ARTICLE
New York Times Service
Tokyo
Tanaka
U.S
United States
Zenko Suzuki
Reagan
Washington
Commerce
Malcolm Baldrige
Eastern Milk loses FmHA loan. looks for private financing
Eastern Milk Producers Cooperative says its equity has improved enough to seek financing without a Farmers Home Administration loan guarantee after FmHA denied a 20 million loan guarantee. The agency cited credit factors and doubts about meeting milk supply contract terms with Leprina Foods for a joint venture to buy two cheese plants in Horseheads and Waverly.
MENTIONED IN THIS ARTICLE
Eastern Milk Producers Cooperative Association
Farmers Home Administration
Michael Donovan
Tive
Leprina Foods
Eastern
Leprina
Horseheads
Waverly
Dairy Farmer
New York-New Jersey
Donovan
Fmha
Your Money's Worth Col 1 Med ad cautionary piece
A cautious look at combination medications notes that more ingredients do not guarantee better results. It warns that taking unnecessary pills can harm, highlights side effects, and stresses seeking professional medical advice before using such drugs.
MENTIONED IN THIS ARTICLE
Ig Trie
Food and Drug
Also Mentioned on This Page
Business Digest
New York
Handy & Harman
New York Commodity Exchange
Ate&t Way
Anheuser-Busch Inc
Anheuser-Busch
Miller Light
Continental Illinois National Bank & Trust Co
Bankers Trust Co
Wall Street
Federal Reserve
Securities and Exchange Commission
John S. 2
Shad
New York Stock Exchange
Commission
National Singing Telegrams
HFC
The
Treasury
Congress
White House
Murray Weidenbaum
Council of Economic Advisers
Small Business
Bers
Commerce Commissioner
Office of Business Permits
Hugh
Suzuki
Eastern Milk Hits
By Sylvia Porter
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