Bankruptcy vacuum fears rise in U S courts
A wave of bankruptcies causes concern as judges, led by Leon Marketos in New York, decide cases amid questions of legal authority. Experts warn decisions may lack legal effect. Congress delays reform after a 1981 Supreme Court ruling declaring bankruptcy court jurisdiction unconstitutional.
MENTIONED IN THIS ARTICLE
Joel Lewittes
Congress
Leon Marketos
New York State
Utica
Syracuse
Onondaga
Cayuga
Madison
Oswego
Herkimer
Braveman
Vern Countryman
Harvard Law School
Robert Reidy
Key Bank of Central New York
Reidy
U.S. Supreme Court
Senate
Supreme Court
Department of Justice
Lewittés
Parker Chapin Flattan & Klimps
New York
Countryman
Gold and tech price moves across markets and GM recall
Gold rose in London and Zurich while New York and Hong Kong quoted gains with bullion at about 427 dollars per ounce. Silver also edged higher as Timex slashes TS1000 price to 66.95 with a 54.95 effective price after rebate. General Motors expands its recall of Chevettes and Pontiacs for engine fire risk. National Steel plans to sell Weirton Works to employees for 66 million, creating a large employee owned plant.
MENTIONED IN THIS ARTICLE
Europe
New York
Handy & Harman
London
Zurich
Hong Kong
Timex Computer Corp
Timex Computer
General Motors Corp
National Steel
Weirton
West Virginia
Bank customer rates vary by institution and are approximate
Rates to customers may vary from bank to bank. Customer rates listed here are approximate.
Carrier president warns energy urgency remains real
Robert F. Allen of Carrier Corp warns against assuming energy urgency is over due to oil price declines. Speaking at the Alliance to Save Energy in Washington, he calls for a consistent federal conservation policy, notes security risks from foreign energy dependence, and argues for free market incentives and a single federal standard. He cites 41 states already facing standards and urges continued deregulation where appropriate.
MENTIONED IN THIS ARTICLE
United States
Robert F. Allen
Carrier Corp
Alliance To Save Energy
Washington
Allen
U.S. Energy Department
Ince
United Technologies Corp
Carrier
Times raises regional edition prices in New England and Mid Atlantic
The New York Times Co announced a price increase for regional editions, effective April 3, raising weekday editions to 50 cents and Sunday to 1.50 in New England and Mid-Atlantic regions excluding New York. Current regional prices are 30 cents and 1.25. National editions’ prices remain unchanged.
MENTIONED IN THIS ARTICLE
The
New York Times Co
New England
Mid-Atlantic
New York
Onondaga New Agency
Times
Equipment sales rise at Syracuse Supply Co. lift truck division
Joseph Verzino, general sales manager, says forklift sales are fairly constant with expectations of a rise in the second half of 1983. Syracuse Supply delivered 51 forklifts to Anheuser Busch Inc. for a Radisson brewery project, including 27 new trucks and 24 rebuilt units, signaling improving business and economy. The Lift Truck Division is one of five divisions in the company.
MENTIONED IN THIS ARTICLE
Syracuse Suppply Co
Joseph Verzino
Verzino
Syracuse Supply
Anheuser Busch Inc
Radisson
Syracuse Supply Co
Purchasing power rising claims debunked myth with stats
The Detroit News editor argues personal purchasing power has grown 2.4 percent annually over 20 years, totaling a 61.6 percent gain since 1962. Inflation adjustments show even during downturns the trend rises, though the rate has slowed to 0.3 percent per quarter since 1979, with disposable income nearly doubling from 1948 to 1982.
MENTIONED IN THIS ARTICLE
Lionel Linder
The
Detroit News
United States
Linder
Ken Goldstein
Conference Board
New York
Goldstein
Also Mentioned on This Page
U.S
Chicago
Timex
Steel Mill
Treasury
Busch Brewery
al Tanger
Anheuser-Busch
Jerry Maywright
By Sylvia Porter
Lynndon Johnson
John Kennedy
Vietnam
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