Gas cost to rise as OPEC boost signals higher pump prices
Gasoline prices are rising with wholesale increases amid Saudi crude hikes and Iran embargo effects. Analysts warn costs could rise up to 10 percent in coming weeks, with February expected to be particularly harsh as OPEC approval and retroactive price changes impact consumer rates nationwide.
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Organization of Petroleum Exporting Countries
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Lundberg
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Saudi Arabia
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Texaco Inc
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Indiana
CITGO
Sun Co
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Texaco
Chrysler bailout talks stretch into holiday week
Congress debates a multi billion rescue for Chrysler with House and Senate bills offering different funding mixes. Senate proposes a four billion bailout with one point two five billion in loan guarantees and a three year employee pay freeze. House seeks three to three point six three billion with loan guarantees and private sector funds. Leaders warn time is tight before Christmas.
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Energy bills stall as conferees fail to reach agreement
Senate and House conferees made slow progress on fasttrack mobilization board and synthetic fuel bills. Disputes over waivers of federal and state laws, environmental concessions, and the Defense Production Act tools delayed a final accord. Senate proposals envision an Energy Security Corporation with up to $20 billion in incentives for early synfuel development.
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Sen
Bennett Johnston
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Carter
Energy Security Corporation
Coupon War Ends as Government Keeps Savings from Half-Fare Coupons
The federal government says it saved about 250000 by distributing 9998 half-fare airline coupons to 40 agencies. Dealers profited by reselling coupons, with Peter Featherston turning 27 into over 16900. Some 1.6 million of 4.3 million coupons went unused as timelines closed.
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Cedar Point Seeks Summer Workers at Marina Steak House
Cedar Point will hold holiday interviews from December 19 to 21 and 26 to 28 at the Cedar Point Marina Steak House. The park has over 3,400 summer jobs in more than 100 classifications including ride hosts, cooks, cashiers, and maintenance workers with a base wage of 3 dollars per hour plus a 25 cent bonus after completing an employment agreement. Preference given to applicants available from early May to mid-August, mid-June to mid-September, or all summer.
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Cedar Point
Cedar Point Marina
Amusement Park
Lorain Firm Wins Atlas Compliance Award
Atlas Van Lines cites Lorain firm E-2 Moving & Storage Inc of Lorain as recipient of its 1979 compliance award for top documentation of regulatory affairs. E-7 ranked fourth in compliance excellence among over 500 Atlas U S agents, the nation’s sixth largest carrier of household goods.
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E-2 Moving & Storage, Inc
Lorain
Atlas van Lines
E-7
U.S
Atlas
Manpower says area hiring may slow in early year
Area employers expect slower hiring in January to March versus last year, a Manpower Inc survey finds. Elyria Lorain office manager Martha Miles reports 17 percent plan new hires, 23 percent expect cutbacks, 57 percent see no change, and three percent are unsure. Last year 0 percent planned hires, 20 percent cutbacks, 43 percent no change, seven percent unsure.
MENTIONED IN THIS ARTICLE
Manpower, Inc
Elyria-Lorain
Martha Miles
More Than 80 Firms at Cleveland Job Interview Center
More than 80 companies will have representatives at the College Job Interview Center at the Cleveland Plaza Hotel December 26 to 28, sponsored by the Greater Cleveland Growth Association. Eligible students graduate between June 1979 and August 1980 from two year or four year colleges. Interviews may be scheduled December 26 from 9 to 11:30 a.m.
MENTIONED IN THIS ARTICLE
Cleveland Plaza Hotel
Greater
Mixed trading as market stalls after monthlong rally
Wall Street opened mixed with the Dow Jones at 844.88, up 0.26, while NYSE losses edged ahead of gains. Investors watched the Caracas OPEC meeting as Ohio farm and eggs market data showed varied price levels across wheat, corn, soybeans, and poultry.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
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