Rubin Sees Steady Growth Low Inflation 1999
Treasury Secretary Rubin says the U S economy should grow steadily in 1999 with low inflation despite global financial turmoil and stock market volatility The Fed held rates steady and consumer spending offsets export losses Rubin notes a bipartisan Social Security reform is needed though political friction exists He says Clinton remains focused on economic issues and budget matters
MENTIONED IN THIS ARTICLE
Washington
U.S
Treasury
Robert Rubin
Rubin
Congress
House
Clinton
Senate
GM tests diesel electric bus in New York City
General Motors will test a diesel electric hybrid city bus on New York streets early next year. The bus uses an electric motor to drive the wheels and aims to cut fuel costs and pollution by about 40 percent, with maintenance and lifetime costs emphasized.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
New York City
Jeff Kuhlman
Hills Dept. Ha
Invacare Corp
Walnut Street Secuntes, Inc
NASD
SIPC
AISG
Keycorp
WSS
LNB Bancorp
Sto Pe Allied Corporation Ae Lesco Inc
Alltel 58 Limited
Nordson Corp
Bob Evans Farms
American Greetings Northern Savings
OfficeMax Inc
Cedar Fair
P.N.C
Parker Hannifin
Columbia Gas
Royal Appliance
CVS Com
RPM Inc
Emerson Electric
Sherwin Wiliams
Englehard
FirstEnergy
Sky Find
Bancorp
Ford Motor
Acres Medical
General Motors
T.R.W
BF Goodrich
York International
Post-Christmas sales fail to lift holiday results
New York AP reports retail experts warn the post-holiday rush may not salvage a weak season. Merchants cite disappointing department store results while discount chains thrive, leaving many firms below early estimates and margins squeezed despite bargain-hunting crowds. Local shoppers like Bonnie Kiser chased deals at Lloyd Center in Portland.
MENTIONED IN THIS ARTICLE
Anderson Mall
Anderson
D.C
New York
Department Stores
Kurt Barnard
Barnard
Upper Montclair
Bonnie Kiser
Lloyd Center
Portland
Ore
Sickout costs TWA millions over Christmas holiday
Trans World Airlines faced hundreds of cancellations during a holiday weekend as flight attendants reportedly called in sick. About 200 flights were canceled from Thursday to Sunday at Lambert Airport in St. Louis, with 90 cancellations on Christmas Day. TWA blamed the sickout on contract talks, while the union denied orchestration. The airline spent millions aiding stranded travelers, including hotel rooms, meals, and rebooking, and may pursue legal action to recover costs.
MENTIONED IN THIS ARTICLE
ST. Louis
Trans World Airlines
TWA
Lambert
Jim Brown
Brown
Opening Stocks and Active NYSE Listings Mixed
Early stock prices show broad activity on the New York Stock Exchange with numerous names trading across sectors. Major names and sectors appear with varying highs, lows, closes, and percentage changes, reflecting a volatile early session.
MENTIONED IN THIS ARTICLE
New York
Nyse Lis
Tg Alcatet
AmOning
Aipc Sooo
Amocos
Besthays
Eae Soong
Also Mentioned on This Page
CNN
The
Federal Reserve
Asia
Russia
Latin America
Treasury Department
Clearan
Ave
Lehman Brothers
Jeffrey Fenner
Sears, Roebuck & Co
JC. Penney
Wal- Mart
Target
Gap
Ann Taylor
May Department Stores
Lord & Taylor
Hecht’s
Saks
Proffitt’s
Bill Barrett
Raleigh
N.C
Sted
Sas
Hewett Chasem
Kmart
Merck
Merlyn
Fedios
NovaCre
PhilMor
Schwabs
Ao Ad Seagate
Sears
Sothbys
Bae Dae
Sunbeam
Texaco
E Trasiest
the Chronicle
Brehive
Niewarat
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