Mattel sues to protect Barbie image in Ohio suit
Mattel files a federal suit against Saundra and Michael Cherwenka of suburban Basel alleging they advertise and perform as Barbie Ken Malibu Barbie and Malibu Ken with nude or provocative acts on stage and on television. The company claims the acts violate Mattel's rights and harm its wholesome brand image.
MENTIONED IN THIS ARTICLE
Mattel
Barbie
Michael and
Saundra Chernenka
Bai Se
Cherwenkas
Phil Donaue
Michael Cherwenka
Saundra Cherwenka
Cherwenka
Donahue
Chernenka
Malibu
Barbie Brandt
Chernenko
Business leaders lift forecast for growth through 1992
The Business Council-100 members now expect U.S. economy to grow at least 2.6 percent in 1992, up from October projections of 1.8 percent for this year. Lewis T. Preston of J.P. Morgan notes unanimous optimism among 19 consultants, none predicting a recession this year or next.
MENTIONED IN THIS ARTICLE
Hot Springs
Meney
Business Council
Coun
Scone of Enemy
Lewis T. Preston
J.P. Morgan Inc
New York Bank
Council
Tre Asani
Nuclear decommissioning fund venture formed in Chicago
John Nuveen & Co and Duff & Phelps form Nuveen-Duff & Phelps Investment to manage funds utilities must set aside for dismantling nuclear plants. Spokesman Jeff Kratz cites decommissioning costs for the 110 U.S. plants at about 100 billion to 1 trillion dollars.
MENTIONED IN THIS ARTICLE
Chicago
John Nuveen & Co. Inc
Duff & Phelps Inc
Nuveen-Duff & Phelps Investment
Nuveen
Jeff Kratz
Auto borrowing fuels surge in consumer credit rise
Washington reports Americans borrowed 2.6 billion more than repaid in March as auto loan demand rebounds from February. Federal Reserve data show consumer credit rising at a 4.4 percent seasonally adjusted annual rate, up from February’s 0.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
State court rules utilities may not pass donations to charities
New York Court of Appeals ruled Niagara Mohawk Power Corp may not deduct charity donations from customer bills, officials warn potential shifts in funding to charities across 37 counties. The decision, upheld from lower courts, preserves First Amendment protections but shifts charitable costs to shareholders, igniting concerns about reduced corporate philanthropy.
MENTIONED IN THIS ARTICLE
Letopy LO
Theharina
Niagara Mohawk Power Corp
Syracuse
New York
William Romano
Niagara Mohawk
Joseph Bellacosa
FCC ruling opens line to cellular phone users
The FCC granted Millicom Inc experimental licenses for personal communications networks using high microwave frequencies to expand capacity. Systems will be built in Houston and Orlando with 25,000 and 20,000 subscribers respectively, costing $20 million, service due within two years. British groups plan $1.7 billion each to launch nationwide systems in London by 1992.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
Cellular Telephone Company
Wall Street
Focal
FCC
Millicom Inc
Lar Telephone Company
New York
Millicom
Houston
Orlando
Fla
London
Mass Layoffs Hit Southern California Aerospace Sector
About 1,000 aerospace workers will be laid off at McDonnell Douglas Long Beach, part of a broader wave of defense cutbacks that threaten regional growth. GE also plans 870 layoffs in Syracuse, while Lockheed shifts operations from Burbank to Georgia and Palmdale, removing 4,500 California jobs by the mid-1990s.
MENTIONED IN THIS ARTICLE
Los Angeles
McDonnell el
Long Beach
California
Ana
Lysts
New York
General Electric
Syracuse
McDonnell Douglas
Douglas Aircraft Co
Douglas
Tom Kaminski
John Capellupo
Lockheed
Burbank Aeronautics
Georgia
Palmdale
Calif
Banking regulators deny credit crunch claim in ABA session
Washington regulators Greenspan Clarke and Seidman met with the American Bankers Association to push back on credit crunch charges. They argued slow lending stems from a weak economy, not excessive regulation, and urged banks to continue sound lending while improving industry communication.
MENTIONED IN THIS ARTICLE
John Diamond
Associated Press
Washington
Banking Association
Federal Reserve Board
Alan Greenspan
Robert L. Clarke
L. William Seidman
Federal Deposit Insurance Corp
American Bankers Association
Greenspan
Northeast
The
Bankers Association
Clarke
Association
ABA
Kelly Holthus
Greenspan outlines cautious plan to reform deposit insurance
Federal Reserve Chairman Alan Greenspan proposed ideas to overhaul the bank deposit insurance system without endorsing major cuts. He floated risk based premiums, closer bank reviews, faster action against weak banks, and higher owner risk, while rejecting abolishing insurance or safeguards.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Greenspan
Federal Deposit Insurance
Federal Deposit Insurance Fund
Chicago
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