Landmark trade pact reshapes Japan US relations
The United States and Japan reach a structural impediments pact after four days of talks in Washington. Tokyo pledges to relax antitrust enforcement, speed store approvals, expand housing and transport spending, shorten approval times for large stores, and reform tax laws to boost consumer credit, signaling a major shift in Japan’s trade barriers and a hoped for narrowing of the $49 billion deficit. Skeptics in Congress question whether Japan will follow through on the ambitious reforms.
MENTIONED IN THIS ARTICLE
Washington
U.S
America
Bush
Tokyo
Toshiki Kaifu
Kaifu
Japan
IBM Scientists Create Xenon Atom Pattern Logo
IBM researchers at Almaden San Jose crafted an atom scale xenon pattern shown magnified 6.35 million times. The work demonstrates precise individual-atom manipulation as a potential path to novel materials and faster computers.
MENTIONED IN THIS ARTICLE
IBM
Almaden Research Center
San Jose
Calif
USX rejects premium for Icahn stock buyback plan
USX Corp declines to pay a premium to buy back Carl Icahn’s 34 million shares. A spokesman says the firm would buy at market value or below. Icahn values Marathon Oil and steel units separately at 39 and 9 dollars a share. Corry notes USX earns about 65 percent from energy and 31 percent from steel.
MENTIONED IN THIS ARTICLE
USX
Icahn
Pittsburgh
USX Corp
Carl Icahn
Charles A. Corry
New York
Keslar
William Keslar
Marathon Oil Co
Corry
GAO Warns S&L Bailout Falls $68 Billion Short
The GAO projects total bailout costs at 325 billion to resolve failed thrifts, a 68 billion shortfall from prior estimates, and urges Brady and Seidman to propose ways to raise the missing funds. The estimate, 26 percent higher than five months ago, relies on optimistic rate assumptions.
MENTIONED IN THIS ARTICLE
S&l
GAO
Washington
Congressional
Bush Administration
General Accounting Office
Defense Department
Bowsher
Treasury
Nicholas F. Brady
Federal Deposit Insurance Corp
L. William Seidman
Easter lamb sale at Kidron Auction nets 1398 head
At Kidron Auction on April 4 a special Easter lamb sale sold 1,398 head at prices from 55 to 127.50. The report also notes goats, hogs, calves, cattle and hay market activity with steady to rising prices and strong demand across several categories.
MENTIONED IN THIS ARTICLE
Kidron
R&D Spend by Company in 1988
The data shows billions of dollars each company invested in research and development in 1988. It highlights leading spenders and the relative scale of their investments, reflecting strategic emphasis on innovation during that year.
Also Mentioned on This Page
Congress
Lloyd Bentsen
Texas
Senate Finance Committee
Atom Art
Kodak
Rochester
N.Y
Eastman Kodak Co
Photographic Giant
Federal Reserve
Cleveland
American Greetings
American Greetings Corp
A.m
Pierre R. Smith Co
Acme Cleve Ce Lesco Inc
Ys Bole Nordson aBy2
Allied Corporation Alliel
Northern Savings
AmerShip
Ohio Edison
P.N.C. Corp
CPC Tater, Inc
Parker Hannifin
Emerson Ida
First Bancorp
Smucker Ath Goodrich
Sunrise Medical
Texas Utilities Hills Dept
Invacare
LCB Bancorp
Wentworth
LNB Bancorp
Mid-Am Inc
Wendell Brown
Wendell. Brown
Center
Abraham
Chrysler-Plymouth
Elyria
Ohio
Michigan
West Virginia
Brown
Tucson
Rizona
Nick Abraham
Jett
J.E. Rowland
Teahn
Mount Kisco
Marathon
USX Holdings
US. Steel
Charles A. Bowsher
The
Senate Banking Committee
Seidman
Circlek
Rover
NYSE
CirCtys Oa
Citiconp
AbiLab
Amax
Disney
Ty Maesalp
Tory
Mobil
Ma Ncnb Morgan
Dat BakrHy
Texaco
TayRis
Béla Bat
Baxter
Ford
Parcom
Pepsico
Sain Edly
Usshoe
Kidron Livestock
Hatfield
Dugetiay
I Feeder
American Whst Mutual
Eytus
Nie Fidelity
Puritan
John Hancock
Bond
Mass-Fin
Mit
Templeton
World
Vanguard
Wellington
General Motors
Ford Motor
At&t
DuPont
Eastm Ee
KRTN
John Boqe