Global policy talks warn of danger despite upturn in crisis nations
The IMF and World Bank wrapped four days of talks pledging tougher steps to address weaknesses exposed by the Asian currency crisis. Delegates noted market rebounds but warned risks remain as disagreements with allies over reform strategies persisted and decisive actions were postponed. The report also covers a March durable goods surge in the United States, signaling potential uptick for manufacturing amid a stubborn job-loss toll and record trade deficits, alongside Bausch & Lomb agreeing to sell its sunglasses unit for 640 million to Luxottica of Italy as it pivots to eye care.
MENTIONED IN THIS ARTICLE
Washington
Clinton
International Monetary Fund
World Bank
Steelworkers seek early talks on new steel contracts
AP reports United Steelworkers president George Becker says the union will press for early bargaining with major steelmakers for 55,000 workers whose contracts end in July. Becker cites past cooperation, needs neutral organizing drives, and aims to guarantee steady steel supplies. Bethlehem Steel shows interest. others more cautious.
MENTIONED IN THIS ARTICLE
Pittsburgh
George Becker
United Steelworkers
Becker
U.S
Washington
National Labor Relations Board
USWA
Basic Steel Industry
Bethlehem Steel Corp
Bethlehem
Curtis Barnette
Learm
Barnette
Pittsburgh Post-Gazette
USA
US Steel Group
LTV Corp
Ispat Inland Inc
LTV
Mark Torasch
New York Times to drop tobacco ads
The New York Times will ban all cigarette and tobacco product advertisements with effect this Saturday. Spokeswoman Nancy Nielsen said the move aims to avoid exposing readers to harmful health risks. Tobacco ads accounted for under 1 percent of last year's ad revenue.
MENTIONED IN THIS ARTICLE
NEW York
The
New York Times
New York Times Co
Nancy Nielsen
U.S
Seattle Times
News & Observer
Raleigh
N.C
Editor & Publisher International
the Times
Carlton Cigarettes
Tobacco Company
Greenspan backs privacy limits dilemma for regulators
Federal Reserve Chairman Alan Greenspan told a House committee that financial privacy poses a growing regulatory dilemma balancing individual rights and the value of data for business. He disagreed with Clinton administration views on reforming financial services laws and avoided comment on a proposal allowing shared customer data among affiliated banks brokers and insurers. He warned the issue will grow more difficult for overall regulation.
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Washington
Federal Reserve
Alan Greenspan
Fed
House Commerce
Finance
Clinton
Greenspan
House Banking Committee
Federal Reserve Board
House
Commerce Finance and Hazardous Materials
Capitol Hill
Early stock prices show volume and gains on NYSE list
New York AP reports early prices for NYSE listed stocks with volume, highs, lows and closes. Abbreviated tickers fill the page with numerous figures and percent changes, including Amoco, CocaCola, Boeing, and Amex listings.
MENTIONED IN THIS ARTICLE
New York
Armagia
Alcoa
Sky Apache
Amoco
Baku
Bankins
Eley BkolAm
Arty
Catia
Securities quotation disclosure by investment firms
Early quotation supplied by Akin Investment Securities offered through Walnut Street Securities Inc. Member NASD SIPC. AISG Asset Managers are independent of Walnut Street Securities.
MENTIONED IN THIS ARTICLE
Akin Investment Securties
Walnut Street Securties, Inc
NASD
SIPC
AISG
WSS
Invacare Corp
Keycorp
Lear
LNB Bancorp
Lesco Inc Limited
Nordson Corp
Northern Savini
Max
C. Corp
Parker Hannifin
CVS bets on Internet market with online drugstore plan
CVS Corp. chief Thomas Ryan outlined an ambitious ecommerce plan to become the leading drugstore chain online. The company will upgrade CVS com to sell prescription drugs vitamins and personal care items and provide medical information. rival online drugstores like PlanetRX Soma.com RX com and Drugstore com target CVS with home prescription filling.
MENTIONED IN THIS ARTICLE
CVS Corp
Thomas Ryan
Wall Street
Ryan
Planetrx
Soma.com
Rx.com
Drugstore.com
CVS
Cvs.com
Brush Wellman Posts 60 Percent First Quarter Earnings Drop
Brush Wellman Inc of Cleveland reported first quarter earnings of 2.49 million, down 60 percent from a year ago when it earned 6.16 million. Fully diluted earnings were 15 cents per share versus 37 cents a year earlier, amid product mix shifts, alloy strip capacity limits, and higher fixed costs. The firm is the largest U.S. maker of beryllium, used in missiles and jets. The Blade of Toledo recently published a 22 month investigation into government and industry knowledge of beryllium dangers.
MENTIONED IN THIS ARTICLE
Cleveland
Brush Wellman Inc
Brush Wellman
Blade of Toledo
TRW splits into Automotive and Aerospace and Information Systems
TRW Corp plans a two division reorganization after its $7 billion purchase of LucasVarity. Ronald Sugar named president and chief operating officer of TRW Aerospace and Information Systems. a head of TRW Automotive is being sought. LucasVarity chief Victor Rice will not join TRW.
MENTIONED IN THIS ARTICLE
Cleveland
TRW Corp
LucasVarity PLC
Joseph Gorman
TRW
Ronald Sugar
TRW Aerospace and Information Systems
TRW Automotive
LucasVarity
Space, Defense and Information Systems
Lucas Aerospace
Gorman
Lucas Varity
Victor Rice
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America
Commerce Department
Bausch & Lomb
Rochester, N.Y
Bausch & Lomb Inc
Italy
Luxottica Group Spa
LensCrafters
Revo
Killer Loop
Arnette
N.Y
Mark Smith
Brown & Williamson
Times
Arthur O. Sulzberger Jr
Fei Ag
Ward
Toby
Houshin IndoTat
InfPap Omega Ohne Kmart Iv
Lily Logkteth
Lowint
S Loans
MANA
Mannan Mattel Mcboids
McKhbot
MediaOne
Marlyn
MMM
Mangan
Msdwil
Martentnit
Motorola
Sam
Nokia & OteDot
Ofcom
ParkPle, Pons Bo
Pepsica
Theo Sting
Tony
Vavboo
Pier
PhiMot
Peet
Palmet
Prawn
ABB
Falearog RapuSon Raght Howan AoyiDut Toye Sbc Com
SCI Sys SK Them
Sats
Soralees
SwingPis
Schiny
Schwabs
Soa
Soagato Sears
SveeGp
Stenss Wxg TawSrn TelBrasHa
Terdyn Torneo
Wun
Sie Eds Tis
Fis
Ae “li
Aly
Ucarb
Sallis
Xerox
WalMart
Allied Corporation Allies
American Greetings
Ames Dept. Stores
Bob Evans Farms
Cedar Fair
Cleveland Indians
Columbia Energy
Dammler Chrysler
Emerson Electric
Englehard
First Energy
FirstMent
Bancorp
Ford Motor
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