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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 27, 2001
Page
13
Comair defers 30 million in 1990s planned spending as its 1350 pilots strike for a second month. Projects delayed include a maintenance hangar and new gates at Cincinnati NKY. Mediation continues in Washington with both sides negotiating through Friday.
Anheuser Busch theme park unit plans to slow capital outlays for headline attractions and new ventures for the next few years. Executives say parks remain poised for solid growth, with emphasis on quality shows and lower-cost investments while maintaining upgrades like Rhino Rally at Busch Gardens Tampa. A planned 800-room hotel has been delayed.
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Washington reports new data likely confirm a continuing U S economic slowdown through most of the year. GDP growth for the first quarter is expected near 1 percent to 1.5 percent, with some estimates under 1 percent. Several analysts caution revisions may lower the figure and even hint at negative growth later. The IMF projects 1.5 percent growth for the year, while the Fed has cut the short rate from 6.5 percent to a lower level.
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