Regulators Probe Major Telephony Mergers and Antitrust Trials
Federal regulators question Bell Atlantic GTE Ameritech and SBC merger benefits to consumers. Oracle and Sun attack Microsoft with a streamlined computer concept while Felten testifies on Windows. FAA proposes $375000 fine for Northwest DC9 airworthiness lapses after wing spar issues.
MENTIONED IN THIS ARTICLE
Washington
William Kennard
Federal Communication Commission
Bell Atlantic
GTE
Ameritech
SBC Communications
Edward Felten
Princeton
Felten
Microsoft
Federal Aviation Administration
Northwest Airlines
Ohio senator warns steel crisis as imports surge
U S Senator Mike DeWine told reporters Ohio faces a serious steel crisis as layoffs reach 1600 in Ohio and West Virginia. He tied the problem to foreign dumping and urged tougher tariffs or quotas, noting Commerce and ITC reviews on Japan, Russia, and Brazil.
MENTIONED IN THIS ARTICLE
Ohio
DeWine
West Virginia
American Tron and Steel Institute
Ing
Senate Steel Caucus
Japan
Russia
Brazil
U.S
Commerce Department
U.S. International Trade Commission
Union rails at USS Kobe use of Aussie railroad track
Union officials say USS Kobe Steel plans to end its century old Lake Terminal Railroad contract as workers lay new rails marked Sydney Australia. They allege foreign steel flooding domestic markets harms the mill. USS Kobe cites cost and competition. union pledge to campaign to save jobs.
MENTIONED IN THIS ARTICLE
Union Rails
Uss
Kobe
Lorain
USS/Kobe Steel Co
USS/Kobe
Lake Terminal Railroad
Lake Terminal
Sydney
Australia
Tim Smith
United Transportation Union
RJR Nabisco to cut 3900 tobacco jobs worldwide
RJR Nabisco Holdings Corp, parent of the tobacco major, announces 3900 tobacco job cuts expected in 1999, about 16 percent of the cigarette workforce. About 1000 US positions to go as cigarette sales dip after a 45 cent price hike tied to a multibillion-dollar state settlement. The remaining 2900 cuts hit Russia and other former Soviet states amid economic turmoil. Nabisco Holdings also plans 1500 Nabisco job eliminations and plant closures overseas in a second restructuring phase.
MENTIONED IN THIS ARTICLE
New York
RJR Nabisco
U.S. Tobacco Company
RJR
Winston
Camel
United States
Russia
U.S
Steven F. Goldstone
RJR Nabisco Holdings Corp
Reynolds
Jan
Sneed
Nabisco Holdings Corp
Nabisco
Snackwell
New York Stock Exchange
Opening Stocks Early Most Active Stocks In New York
Early pacas for NYSE show mixed activity among top stocks including AMD Apple and Exxon with varying volumes and price changes. The listing highlights numerous firms across sectors with notable gains and dips, reflecting a broad intraday performance snapshot of market leaders.
MENTIONED IN THIS ARTICLE
New York
NYSE
Ttstad
GROEN
Amd
He AchDan
Mattel to buy The Learning Company in tech toys expansion
Mattel Inc. agreed to acquire The Learning Company for 3.8 billion, aiming to grow its interactive business as demand for tech savvy play grows. The deal comes as Mattel warns earnings may fall 25 percent, with Toys R Us pulling back inventories and Barbie sales declining.
MENTIONED IN THIS ARTICLE
New England Electric System Utility Company
Westborough
Mass
National Grid
Welsh Electricity Company
New York
Mattel Inc
Learning Company Inc
Riven
Myst
Carmen Sanding
Toys R Us
Mattel
Learning Company
Microsoft
Darren Barker
Wedbush Morgan Securities
Los Angeles
Consumer Product Safety Commission
Also Mentioned on This Page
Microsoft Witness
Oracle
Oracle Corp
Sun Microsystems Inc
Microsoft Corp
Bill Gates
Knight Ridder Newspapers
Susan Esserman
George Manos
USS/KOBE Steel
Ohio Steel Council
Manos
al Gore
White House
Plaints
U.S. Department of Commerce
USX Steel
Pittsburgh
Toh “Ort
Fannie
Lulyen
SBR
Sam Lowes
Fed
A Lucents
Ford
Baskoo
Sahatay
Marck
Fox Enin
m_ lk MertLyr
Bae BI Aga Ak
ATI
MaragaRst
Genelec
Morgans
Wolorels
Granitel
Gilda Atlibtn
Hheih
HewleltPk
Hmsike
Honpwet Houshint
Orie
Scisya
Atle Aaa
Segara
Sears
Teaco
Om Og
UNUM
Walter
Walmart
Warnkins
Hills Dept
Invacare Corp
Akin Investment Secundas
Walnut Street Securhes, Inc
Lear
LNB Bancorp
NASD
SIPC
AISG
LTV
WES
Lesco Inc
Allied Corporation
Nordson
Northern Savings
American Greetings
Bob Evans Farms
P.N.C
Cedar Fair
Parker Hannifin
Daimler Chrysler Rpm Inc
Appliance Columbia Energy
Sherwin Williams
Ag. Financial Group, Inc
Emerson Electric
Smack Englehard
Steris First Energy Si
Sunrise Medical
FirstMerit Bancorp Bre TR
Ford Motor Usx
General Motors York International
Walnut Straat Secu
Goodrigh
Cael Guest Supply
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