Four indicted in price fixing case against ADM executive
Chicago AP Four indicted in a lysine price fixing scheme include Mark Whitacre once an ADM whistleblower and the son of ADM chairman. Also named are Kazutoshi Yamada Ajinomoto managing director and Chell Jedang Ltd. rep. Indictment covers conspiracies with four firms to fix prices and allocate lysine sales from 1992 to 1995.
MENTIONED IN THIS ARTICLE
Chicago
Archer Daniels Midland Co
Mark Whitacre
ADM
Whitacre
Mer
Michael Andreas
Dwayne Andreas
Bista
Richard Kurth
Danville
Kurth
Wilson
Kazutoshi Yamada
Ajinomoto Co. Inc
Chell Jedang Ltd
Seoul
Ajinomoto Co, Inc
Kyowa Hakko Kogyo Co. Ltd
Sevon America Inc
Wmmamed
Boeing and McDonnell Douglas to develop future widebody jets
Boeing and McDonnell Douglas announce a strategic collaboration to co develop future widebody jets. Several hundred Douglas engineers will move to the Seattle area to work on stretched 747 versions while Douglas factories may be used in production. The deal aims to ease capacity and leverage both firms design and production strengths without merging.
MENTIONED IN THIS ARTICLE
Seattle
Boeing
McDonnell Douglas Corp
Douglas
Cong Beach
Calif
McDonnell Douglas
Postal Service posts record profit and no general rate hike
The U S Postal Service reported a fiscal 1996 profit of 1 57 billion on record mail volume 182 7 billion pieces and total income of 56 4 billion The Postmaster General Marvin Runyon said no general rate increase through 1997 while investing in buildings and high tech equipment The service reduced debt by 19 percent to 5 9 billion and shows 618 million profit for the first two periods of 1997 The board approved three new stamps and sought 1295 million from Congress for free delivery of mail for the blind overseas voters and other services The agency notes it has had no federal subsidy since 1982
MENTIONED IN THIS ARTICLE
Washington
Einar V. Dyhrkopp
Postal Governing Board
Marvin Runyon
Board of Governors
Runyon
Michael Riley
Postal Service
Post Office
Air Force
Marshall Plan
Europe
Congress
Riley
Commodity metal prices and spot quotes report
Yesterday on the Comex silver closed at 34.779 per troy ounce with copper at 110.0 cents a pound. Platinum listed at 375.00 per ounce era, palladium 115.45 per ounce, aluminum 87.5, tin 40528 per unit, and zinc 54-55 per pound amid a weak metals market.
MENTIONED IN THIS ARTICLE
New York
Comex
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Justice Department
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Dallas-Fort Worth International Airport
Robert Crandall
Aerospace Rivals
U.S
Airbus Industrie
Ron Woodard
Boeing Commersial Airplane Group
Long Beach
Akin Investment
Aegon USA Securites, Inc
NASD
SIPG
Alltel Aled Corporation
We American Greetings
Bob Evans Farm
Cedar Fair
Chrysler
CoBancorp Inc
Columbia Gas
Emerson
Englehard
General Motors
Goodrich
Saturn
Robert Easley
Torrance
Roy
Aetoa Inc
Sears
Soya
He SouthnGe
Biasi& BenkAm
Textil
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Monaan
Eckerd
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