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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
Aug 02, 1990
Page
13
New GM chairman Robert Stempel and six top aides portray a group effort philosophy. They emphasize teamwork over a single leader, expand exports including Saturn, and propose four day work weeks at many plants to lift output and market share.
Babin Building Center at Sheffield Plaza on Route 254 enlarges by about 1600 square feet to expand displays of kitchens doors windows and companion building products. The re opening will feature manufacturer representatives and run through Saturday with Russell Lynch commenting on a wider selection for customers.
The Resolution Trust Corp. announces a great fall inventory clearance to unload 50 billion dollars in assets from failed thrifts by year end. This marks the second phase of RTC cleanup after Operation Clean Sweep focused on selling the failed institutions and deposits.
USX Corp chairman Charles A. Corry rejects copying other steel makers as USX plans contract talks with the United Steelworkers of America. He notes cost competition from non union mills and expects negotiations to begin around December 1 with a current four year pact ending January 31.
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