Mitsubishi talks continue with Chrysler venture talks ongoing
Mitsubishi and Chrysler Corp. confirm ongoing discussions on a possible joint venture. Chrysler spokesman Wendell Larsen in Highland Park notes no merger yet due to Chrysler finances. Kyodo earlier claimed a plan with Mitsubishi and Exxon funding. Mitsubishi calls report inaccurate.
MENTIONED IN THIS ARTICLE
Highland Park
Mich
Chrysler Corp
Mitsubishi Motors Corp
Mitsubishi
Tokyo
Chrysler
Wendell Larsen
U.S
Kyodo
Salomon Brothers
Mitsubishi Group
Japan
No. 6 Automaker
Exxon Corp
Chrysler-Plymouth
Dodge
Syracuse
Drive what you build union urges autoworkers
Detroit workers debate buying foreign and domestic cars as UAW locals curb foreign parking. With thousands idle, signage from GM and the union urges buying cars neighbors helped build while some resist, fearing loyalty to their company. Chrysler and GM plant parking shows foreign cars present, but management zones stay mostly domestic.
MENTIONED IN THIS ARTICLE
Union
Detroit
Lilian Edwards
Ford Motor Co
Rouge
Ford
Henry Ford
Diane Koch
General Motors Corp
Fisher Body
Miss Koch
United Auto Workers
Michigan
Pontiac
UAW
Stan Chilbecki
Irving Howard
Auto
United Auto Workers Union
Miss Edwards
Sue Murdzia
Saginaw
Danville
Ill
Bedford
Ind
Defiance
Ohio
Massena
N_Y
GM Today
Chrysler
Dollar Holds Gains As Bullion Prices Steady Across Markets
London bullion prices steadied after recent declines while the dollar advanced against major currencies in Europe and Asia. The dollar rose to 2.5 marks in Europe and to 982.50 lire in Italy, with gold fixed at 524.50 dollars in London and 526.44 in Hong Kong. Silver rose to 13.65 in London amid renewed demand as traders weighed currency shifts and commodity outlooks.
MENTIONED IN THIS ARTICLE
London
Europe
Asia
Italy
Zurich
Hong Kong
New York
Handy & Harman
Commodity Exchange
Tokyo
GM moves to seek wage concessions ahead of 1982 talks
General Motors plans wage concessions before the 1982 UAW contract expiry. Incoming president F. James McDonald says two tier systems are unlikely, while Chrysler faces a separate wage cut target of about 3 per hour by September 1982. UAW says it will respond if approached.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
United Auto Workers
F. James McDonald
Chrysler Corp
Chrysler
UAW
McDonald
Jerry Dale
Anthracite shortage worries Northeast as demand soars
Energy officials from eight states and Pennsylvania meet to address a looming home heating anthracite shortage. They project demand could quadruple next year while current shipments rise 116 percent this year. Officials warn stockpiling and price effects may shape the market, urging priority for sole-source coal users.
MENTIONED IN THIS ARTICLE
Harrisburg
Long Island
John Edwards
New York State Energy Office
Edwards
Pennsylvania
William Scranton III
U.S
Scranton
United Mine Workers Cortr
Jamies Tedesco
Jeddo-Highland Coal Co
West Pittston
New York
Massachusetts
Connecticut
Maine
New Hampshire
New Jersey
Rhode Island
Vermont
U S Steel posts 1980 earnings turn to profit
U S Steel Corp, the largest U.S. producer, reports 1980 earnings of 404 million dollars, reversing 1979's 293 million loss. Per share 5.77 on 12.5 billion sales. Fourth quarter earnings 190 million dollars or 2.16 a share on 3.4 billion sales. Wheeling-Pittsburgh also reports weaker 1980 results with 14.7 million annual earnings and 2.05 billion sales.
MENTIONED IN THIS ARTICLE
Pittsburgh
Steel Corp
Wheeling-Pittsburgh Steel Corp
U.S. Steel
U.S
Wheeling-Pittsburgh
David Roderick
Roderick
Dennis Carney
Money’s worth in Queens pilot for home electronic bill pay
A Citibank led trial in Queens will let 100 families pay electric and other bills via a home terminal plugged into a telephone jack. They can transfer funds, order travelers checks, and access cash with no up front charge. The program signals a shift to electronic finance amid new players like Sears and American Express.
MENTIONED IN THIS ARTICLE
New York
Citibank
Sears, Roebuck & Co
Sears
Allstate Enterprises Inc
Merrill Lynch
Money Market Mutual Fund
American Express Co
United States
Soan
American
Express
Warner Communications
American Express
England
Barclay’s Bank
Barclay's
California
Savings and Loans
Brooke Shearer
Queens
Also Mentioned on This Page
Plymouth
Jerry H. Pyle
Pyle
Jesse L. Sumlin
Cials
Japanese Automobile Manufacturers Association
Association
Saudi Arabia
Business Digest
Kansas City
Federal Reserve Bank of Kansas
Duncan
Braniff
Miami
Eastern Airlines Inc
Braniff International Corp
Eastern
Frank Borman
Borman
Fastern
Associated 10 Buy Chain
Associated Dry Goods Corp
Culdar Inc
Associated Dry Goods
William P. Arnold
Calder
Carl Bennett
Nat Galdhaber
N.Y
By Sylvia Porter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!