Pink Christmas in Unemployment Hike Hits Auto Industry
Unemployment climbs to 9 million the highest since the 1930s with auto and aerospace sectors hardest hit. Ford and GM layoffs rise, while economists warn weak consumer spending will depress fourth quarter GNP and prolong hardship for workers and families.
MENTIONED IN THIS ARTICLE
Claude Williams
Ford Motor Co
Flat Rock, Mich
Williams
General Motors
United Auto Workers
Doug Fraser
Purdue University
William C. Dunkelberg
National Association of Independent Business
Rates frustrate investors in early mixed NY market
The Dow rose 1.90 to 673.38 as NYSE issues showed a 5 to 4 edge of decliners over gainers. Investors face renewed concerns over rate hikes and a weakening US economy amid international tension after Poland martial law and Israel's Golan Heights move.
MENTIONED IN THIS ARTICLE
New York
FTC accused of tipping Mobil on Marathon merger
Congressmen charge the FTC publicized a blueprint letting Mobil sidestep antitrust barriers in its bid to buy Marathon Oil. They say the agency signaled a green light and overstepped authority while the case heads to court amid opposing parties including U S Steel.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Trade Commission
Mobil
U.S. Steel
Marathon Oil Co
John Dingell
D-Mich
Albert Gore
D-Tenn
House Senate
FTC
Mobil-Marathon
Gore
Thomas Campbell
Bureau of Competition
Marathon
Dingell
Camp
Findlay
Charles Barre
Campbell
Also Mentioned on This Page
International Harvester
U.S
Aerospace
Lockheed
McDonnell Douglas
Los Angeles
Cessna Aircraft
Wichita
Kan
Boeing
Allen Hobbs
Lawrence Klatt
Florida Atlantic University
Boca Raton
Lorain County Farm
Bureay Treative Associatea, Inc
Suj Allgew
Pierre R. Co
Acme
Eve Amax
Intt&t
Omy Amt&t
Kellogg
CPC Inter. Inc_ on
Bendix
Freehauf
BethSul
Nabisco
Sane
Aeibe
Southern Co
Col Gas
Edo Edison
Union Pacific Corpum Conaur
Norfkw
Woolworth
F.W
ContiGr
Ifita
Olin Co
Cook Utd
CartissWr
Owenlli
Pan Am Air Dayton
Pennpl
Beth
Eaton
Great A&p
Gracew
Tennco
Trans Wisi
AL Inc
E UnCard
Uniroyl Nc
County Grain
US Steel
Heion
Westhe
I.R.A. Accounts & Keogh Plans
Mid-Ohio Securities Corp
National Association of Securiies
SIPC
Lorain
CLEVE
Elyria
Splener Park Plaza Bidy
Brod Si
Eiri
William Baxter
Justice Department
Antitrust
Baxter
Supreme Court
Bob Packwood
D-Ore
Walter Adams
Michigan State University
Adams
Columbus
Ohio
RadiosShack
Tandy Corporation
Radio Shack
Northern Savings
Northern Savings Savings Counselor
Northerrn Savings and Loan Company
Winkie
MALL
Midway
Mell Blvd
Eyrie
College Park
Abba Rd
Antioch
N. Ridgeville
Carter Ridge Rd
Roce Rd
Porter Park
Azz
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