Texas fortunes shift as tech rise rivals oil crash
Texas economists note a shift from oil and real estate wealth to technology driven firms. Former Gov. Connally and Hunts face lean times amid downturns, while new leaders like H. Ross Perot and Tandy push diversified growth. Oil rebound seen possible, with entrepreneurship fueling future Texas economy.
MENTIONED IN THIS ARTICLE
Dallas
Texas
John Connally
Barnes-Connally Partnership
Ben Barnes
Placid Oil Co
Hunt Brothers
William Herbert
Lamar
Nelson Bunker Hunt
Connally
The
Hunts
Harold Gross
Center For Enterprising
Southern Methodist University
Cox School of Business
USX Restores White Collar Wages After Strike
USX Corp says it restored wages for managers whose pay was cut and recalled most non union employees laid off after a six month work stoppage. About 700 non union staff were furloughed, with 10 percent cuts for roughly 7,000 managers.
MENTIONED IN THIS ARTICLE
Pittsburgh
USX Corp
United
Washington lawmakers weigh emergency bill to block Boeing takeover
A group of Washington state legislators will meet on Monday to decide if emergency legislation should be discussed to shield Boeing Co from a hostile bid. Boeing has lobbied for the measure as Texas oilman T Boone Pickens Jr seeks up to 15 percent of Boeing through Mesa Limited Partnership, while disclosing a plan to buy $15 million in stock. Chrysler joins incentives round, matching GM and Ford 1.9 percent loan offers to clear 1987 model stock as GM touts the need to reduce unsold units and Ford counters with no backlog.
MENTIONED IN THIS ARTICLE
Washington State
Boeing Co
Boeing
Texas
Boone Pickens Jr
Pickens’ Mesa Limited Partership
Chrysler Corp
General Motors Corp
Ford Motor Co
Ford
Chrysler
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Navistr
NYSE
New York
Aetel
Ny PaeTel Sl
Abmans
Panam
Alcans
AldSgni
Penney
Alcoa
ODM
Aoa PhilPet
BF Abe
Polard S
Ya Asarco
Aurich
Avan
Bakam BallyMi
H Baxter
BellSo
Bellati
Salomn
Reyld
Schimb
Srisim S
Sears
Tosca
Siuet DowCh
Ya duPont
Exxon
Gilletes
Zayre
Grace
Hansas
Pierre R Smith& Co
Heilma
HewlPk
Acme Cleve
Hmstke
Hanwell
Allied Corporation
Hottef
Alet AmerShip Building
Ittcp
Shy Central Bancorp Ane IntPap
CPC Inter Inc
Kinrt St
Abe Emerson
Kidde
Furst Bancorp
WLTV
Fruehaus We Limited
Goodrich Bais Lockhol
LC Industries
Maxus
Invacare
LCB Bancorp
Merck
Les
Sunrise
Motorla
Texas Utilities
Gross
Fort Worth
Cullen Davis
Clint Murchison Jr
Dallas Cowboys
Murchison
Houston
Austin
Davis
Kenneth
Forbes Magazine
H. Ross Perot
Electronic Data Systems
John Roach
Tandy Corp
Radio Shack
Roach
USX
USX and
USS
Bill Keslar
Marathon Oil Co
Findlay
Ohio
Keslar
LCCC
Lorain County Community College
Coutses
Computer Systems Technology
Gualty
Cas
Sation
Lorain
Oberthr
Wigton
Wrttin
Turnpetre
County
Nort Abbe
Elyria
Lair
EPSON
Epson FX
IBM
Peinja
Skettyg “Ste
Seiko Epson Corporation
North Olmsted
Great Northern Blvd
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