Fed No 2 man resigns from Federal Reserve
Washington The resignation of Vice Chairman Manuel Johnson will have little immediate effect on rates, economists say, but will let President Bush shape the central bank. Johnson, 41, will leave Aug. 3 to return to academia, prompting another Fed board appointment. Potential successor name Wendy Gramm is discussed amid broader speculation.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Manuel Johnson
Bush
Johnson
Reentral Bank
Fed
David Mullins
Treasury
Nicholas Brady
Edward W. Kelley Jr
Reagan
Wendy Gramm
The
Commodities Futures Trading Commission
GM parts aid Soviets in clean air drive
Detroit a 1 billion deal with Volga Auto to supply engine emission control systems for Lada cars in a five year pact. GM will ship 100 000 to 150 000 systems annually starting 1992, expanding U S Soviet automotive ties and helping Volga meet emission standards.
MENTIONED IN THIS ARTICLE
Soviets
Detroit
Soviet Union
General Motors Corp
William Hoglund
Gorbachev
Hoglund
Minneapolis
Volga Auto Forks
Togliatti
Moscow
Volga
Lada
U.S
Ford Motor Co
Chrysler Corp
Europe
Hungary
East Germany
Ad agency Sage Marcom wins national EFFIE award
Sage Marcom Inc of Syracuse earned a silver EFFIE from the American Marketing Association for a campaign promoting a modular tool line from Chicago Pneumatic Tool Co. The award was presented in New York City to Anthony D'Angelo of Sage Marconi and Gerald J. Haley of Chicago Pneumatic.
MENTIONED IN THIS ARTICLE
Syracuse
Sage Marcom Inc
EFFIE
American Marketing Association
Chicago
Pneumatic Tool C c
Utica
New York City
Anthony D’ Angelo
Sage Marconi
Gerald J. Haley
Chicago Pneumatic
Greyhound Allowed to Pay Salaries and Expenses
BROWNSVILLE Texas a federal bankruptcy judge has authorized Greyhound Lines Inc to pay salaries and operating expenses after union attorneys ensured executives would not receive golden parachute bonuses.
MENTIONED IN THIS ARTICLE
Brownsville
Texas
Greyhound Lines Inc
Senate moves on cable price control bill
Washington Senate committee approved a bill granting local governments authority over cable prices while granting major concessions to the industry. The measure avoids regulation of pay channels such as ESPN CNN and MTV, reversing some prior tensions in the sector.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Commerce, Science and Transportation Committee
ESPN
CNN
MTV
Syracuse 100 Fastest-Growing Firms Mix Repeats and Newcomers
The Greater Syracuse Chamber of Commerce announces the Syracuse 100 ranking with 60 repeat participants and 40 first-time entrants. Last year's leader McK Building Associates slides to ninth. Blasland Bouck & Lee and Syracuse Telephone rise from prior years, while Truax & Hovey moves to eleventh this year.
MENTIONED IN THIS ARTICLE
New York
Greater
Syracuse
Blassand, Bouck & Lee
Syracuse Telephone Co
Truax & Hovey Ltd
KJ. Hlec
Small but fast Syracuse 100 slows in 1990 list
The 1990 Syracuse 100 fastest-growing privately held companies posted lower aggregate sales and smaller total employment than their 1989 counterparts, reflecting a softer growth year across the group.
MENTIONED IN THIS ARTICLE
Syracuse
Trump bets on casinos to bolster his empire
Donald J. Trump relies on three Atlantic City casinos the Plaza Castle and the Taj Mahal to fund his sprawling business empire. Executive turnover and a harsh market threaten recovery as regulators scrutinize holdings and morale erodes among surviving staff. Trump has taken direct control after a helicopter incident sidelined top executives.
MENTIONED IN THIS ARTICLE
New York
Donald J. Trump
Atlantic City
Trump
Plaza
Castle
Taj Mahal
Korean potato chip makers study at Jean's Foods visit
Frank Childs hosts Woo-Il Co Ltd staff Kang Suk Lee and J T Kim at Jean's Foods in Syracuse as they learn American chip production. Ray Loew of Plant Equipment Fabricators highlights the plant's efficiency while noting Korea's limited potato varieties hinder local chip processing.
MENTIONED IN THIS ARTICLE
Jean
Childs
Ray Loew
Plant Equipment Fabricators Inc
Lovejoy
Loew
Jean's
Syracuse
Kang
Suk Lee
J.T. Kim
Lee
Kim
Woo-Il Co. Ltd
Seoul
South Korea
ConAgra to Buy Beatrice for 1.34 Billion
ConAgra Inc. completes its 1.34 billion cash and stock purchase of Beatrice Co. as analysts anticipate enlarged annual sales near 20 billion. The deal positions ConAgra among top global food firms alongside Nestle Unilever and Philip Morris and expands brands from Healthy Choice to Hunt's and Wesson. Beatrice adds lines such as Orville Redenbacher's and Butterball to ConAgra's growing portfolio.
MENTIONED IN THIS ARTICLE
Omaha
Neb
ConAgra Inc
Beatrice Co
ConAgra
Stephen Carnes
Piper, Jaffray & Hopwood
Minneapolis
John McMillin
Prudential
Bache Securities
New York
Nestle
Switzerland
Ana
Unilever
Philp Morris
McMillin
Beatrice
Healthy Choice
Banquet
Armour Classics
Morton
Chun King
Kid’s Cuisine
Armour
Country Pride
Hunt's
Wesson
Orville Redenbacher’s
Manwich
Peter Pan
Snack Pak
Swiss Miss
la Choy
Swift Premium
Butterball
Eekrich
Reddi-Wip
Iacocca Forever or Until Finish Line? Encore for Chrysler Chair
Chrysler announces Lee Iacocca will remain chairman indefinitely extending beyond 1991. At 65 he could become the oldest major U.S. automaker chair since Alfred Sloan. Board memo notes prior compensation. stock options and bonuses linger as market price dips slightly.
MENTIONED IN THIS ARTICLE
Iacocca
Chrysler Corp
Lee Iacocca
U.S
Alfred Sloan
General Motors Corp
Chrysler
Tacocca
Gerald Greenwald
United Air Lines
Lacocca
Also Mentioned on This Page
Associated Press
Ad Company
Greyhound
Ted Press
J. Michael Kelly
the Chamber of Commerce
Ki Peat Marwick
Donald Trump
Trump's Castle
Tha
Trump ‘Plaza
Atlante Cy Action
N J Casino
Ernst & Young
N J Division of Gaming Enforcer
N.Y. Times News Service
Trump Properties
Jean’s Foods
Hpbrian
Knight-Ridder Newspapers
Cao
Aass
ASRS
NYSE
AMEX
Cooper
NYNEX
Smith Corona
Fe Jeaser Busch
Eastman Kodak
Nyse&g
Usair
Goulds
Oneida Ltd
Fay's
Ye Pali Corp
E Merox
M Gen
Norstar
Midlantic
Penn
Onbancorp Inc
Ls Treasury
General Motors
Wc Park
Center Bank
At Raymond Corp. S
Aly Resource Rec
Church & Dwt
Senice Merch
Kemper
Ghase Manhattan Reynolds
Comm Bank
Lyst
Wyster
E Key Corp
Roch Telephone
Dean Witter Reynolds Inc
NiMo
Sears
Diagnostic Med
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