Detroit newspapers halt partial merger by federal judge
A federal judge blocked the partial merger of Detroits Free Press and News, issuing an emergency order effective until Sept. 17. The ruling halted the joint operating agreement that would keep the Free Press as a morning paper and the News as an evening edition with joint weekend editions, citing immediate irreparable harm and potential job losses. The case pauses as parties prepare for a Sept. 5 hearing.
MENTIONED IN THIS ARTICLE
Washington
Detroit
The
Free Press
News
Joyce Hens Green
Edwin Meese Til
Detroit Free Press
David Lawrence
Themeek
Chip Weil
Detroit News
Green
Weil
William Keating
William B. Schultz
Meese
Knight-Ridder
Alvah Chapman
Schultz
July housing starts rise 2.4 percent amid permit drop
Housing construction climbed to a 1.49 million annual pace in July, the second straight gain, while building permits fell 5.4 percent—the steepest drop since January. Analysts warn a housing slowdown may follow higher mortgage rates and Fed rate hikes.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Reserve
Midwest
Egg price report from Columbus market
In Columbus Ohio eggs sold to retailers major cities with cartons delivered. Extra large eggs 67 to 70 cents per dozen, large 65 to 69 cents, medium 34 to 35 cents, small 34 cents.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Metal prices rally on New York exchange
Metal prices on the New York Comex and Merc spot yesterday showed GOLD at 421 per ounce, SILVER at 647 per troy ounce, PLATINUM at 50 per troy ounce, and NONFERROUS metals with ALUMINUM 1.29 a pound COPPER 943 cents per 2 pounds, LEAD 34-38 cents, ZINC 66-70 cents, TIN 5724 per unit, MERCURY 355 per 76 lb flask.
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MEW
YORK
Comex
Grain bids from Lorain County market close
Lorain County grain bids from yesterday’s market show Wheat 347 Sheflea, Corn 5250 per bushel, Oats 290 per bushel, Soybeans 653 per bushel. Cooperate Association reports local cooperative bids at closing.
MENTIONED IN THIS ARTICLE
Lorain County
Fara. Bureau Cooperate Association
Thc
Eastern Airlines backs 30 million Continental pilot plan as insurance
Eastern President Phil Bakes called paying Continental 30 million to hire and train pilots an insurance policy amid a plan to cut service to 14 cities and lay off 4,000. Unions challenge Texas Air’s asset transfers and seek to block the cuts under the Railway Labor Act.
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Washington
Eastern Airlines
Continental Airlines
Eastern
Phil Bakes
Texas Air Corp
Eatern
Continental
Bakes
International Association of Machinists and Aerospace Workers
Machinists’ Union
Air Line Pilots Association
The
Transport Workers Union
Tion
Caribbean
Latin America
Kansas City
LTV Warren Works Employees Consider Tentative Pact
Steelworkers Local 1373 may vote within a week on a tentative agreement with Warren Consolidated Industries to buy LTV Steel's Warren Works. The union seeks a safety net protecting former employees if the plant closes, with two meetings set to explain terms. The pact adds 25 cent hourly raise, better shift differential, extra vacation and holidays, plus higher sick and accident pay.
MENTIONED IN THIS ARTICLE
Warhen
Steelworkers Local 1373
LTV Steel
Warren
LTV
Union
Warren Consolidated Industries
Rence Group Inc
New York
Renee
Ohio drought insurance probe continues despite witness absence
Ohio Insurance Department hearings on drought insurance for farmers proceed without Rudy Biglione who ignored two subpoenas. The probe questions Good Weather Agriculture and Chubb Group of Insurance Cos regarding more than 500 farmers denied coverage and $400 million in sales across 11 states.
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Columbus
Ohio Insurance Department
State Insurance
Neil Rector
Rudy Biglione
Fresno
Calif
Good Weather
Ohio
Chubb Group of Insurance Cos
Cincinnati
Chubb
Ohio AFL-CIO backs mostly Democrats in endorsements
The Ohio AFL-CIO executive board endorsed 141 candidates for the November 8 elections with only four Republicans named. Republicans Richard Markus, Allen White side Jr and Fred Jones won district state appeals court endorsements. Rep. James Petro was endorsed for another term in the Ohio House. Some districts had no endorsement pending further review. The labor group cited labor issues such as workers compensation unemployment insurance and child care national health insurance as factors in its decisions.
MENTIONED IN THIS ARTICLE
The
Labor Organization
Richard Markus
Allen Whiteside Jr
Fred Jones
Ohio House
James Petro
Rocky River
Ohio
Afl-Cio
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Gannett Co., Inc
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North Dakota
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Virginia
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Chicago Tribune
U.S. Department of Commerce
Tandy
Tenaco
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Zeyie
Bros T&t
Rayiris
Ada AB Oy
Toa Fegha
Rey Sos Aris
Fee
Ae Morton
Sis
Bae Ham
Picst
Alltel
Bose
AmerShip
Sige Centerior
CPC Inter Inc
Emerson
Brrey
Hi- First Bancorp
Praca
I Goodrich
Hilis
Bancorp Rowan
LNB Bancorp
Rayll
Omo Edison
Saralee
Pnc.corp SearPig
Parker Hannhin
Wa Smucker
Ste Ba Sunrise Medical
Aes Sears
Ty Tevas Utttres
Aes
Woolworth
Wan York International
Mutuals
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Fidels-Purnan
Hancock-Bond
World
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Barrington D. Parker
Addi
LTV Warren Works
Lou DeRose
Biglione
Good Weather Agriculture
Jeff Wall
Michael McKenzie
Baglione
Ohio Insurance
Ohio Afl-Cio
U.S. Congress
Ohio General Assembly
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