Wage Increases Lag, Hit Workers Across Sectors
1992 saw pay raises barely outpace inflation, with private wages up 2.7 percent for the year ending September. White-collar sales rose 1.4 percent, retail and banking 2.1 percent, construction 2.3 percent, while overall growth lagged as firms cut costs amid recession. Experts expect similar patterns into 1993 with some firms freezing pay or shifting to incentives.
MENTIONED IN THIS ARTICLE
Chicago
New Labor Department
Mishell
Don Hay
Tow- Pls Dell
Midneape
Whesulting
America
Towers Perrin
Justice Dept clears Pittsburgh Press sale to Post-Gazette
The Justice Department approves the Pittsburgh Post-Gazette plan to buy the rival Pittsburgh Press. The Press will close, about 80 of its 212 editors will move to the Post-Gazette, and the morning Post-Gazette aims to publish seven days starting Jan 18. Labor strife and antitrust concerns frame the takeover as the Press ends after decades, with remaining staff and unions reacting to the change.
MENTIONED IN THIS ARTICLE
Pittsburgh
Justice Department
Pittsburgh Post-Gazette
Pittsburgh Press
The
Post-Gazette
Blade Communications Zone
Toledo
Ohio
Scaife
Tis
Department
Block
Pittsburgh Post Gazette
Johnna Pro
Cathy Gianella
Bank One executive to speak at Elyria Rotary luncheon
Karen N. Horn chairman and chief executive of Bank One Cleveland NA will address the Elyria Rotary Club luncheon at noon at the Elyria YWCA. Horn, former president of the Federal Reserve Bank of Cleveland and treasurer of Bell Telephone Co of Pennsylvania, will discuss Some Thoughts on the Regional Economy. She serves as director of British Petroleum Eli Lilly Rubbermaid TRW and trustee-chairman of Case Western Reserve University.
MENTIONED IN THIS ARTICLE
Elyria
Karen N. Horn
Bank One
Cleveland
Horn Elyria Rotary Club
Ames Dept stores emerge from bankruptcy protection
Ames Department Stores Inc emerges from nearly three years in bankruptcy protection with a 210 million loan and a plan to pay creditors 360 million in cash and securities. The Rocky Hill based chain will operate 309 stores in 14 states after spring closures and plans no further store closings.
MENTIONED IN THIS ARTICLE
Ames Department Stores Inc
Rocky Hill
Lorain Industrial Park backers buy out Gumina stake
Lorain Industrial Park Co owners Dennis DeMarco Al Andrews and Edwin Pivcevich bought Carl Gumina's share of the development near Ford's Lorain Assembly Plant. The price was not disclosed. The partners say rising regional interest, possible new exits on the Ohio Turnpike, and a planned interstate widening boost activity. The park now covers about 70 developed acres with seven properties and eight businesses employing over 300. Gumina will no longer be affiliated. his son Frank remains involved in development.
MENTIONED IN THIS ARTICLE
DeMarco
al Andrews
Edwin Pivcevich
Lorain
Carl Gumina
Lorain Industrial Park
Ford Motor Co
Andrews
Lorain Industrial Park Co
Piycevich
Gumina
Baumhart Road
Ford
Also Mentioned on This Page
By Stephen Franklin
Chicago Tribune
Labor Department
Larry Mishell
Acatia DaKine Taetitra
Washington
Justice Dept
David Fink
Jon Schmitz
William Block Sr
Richard Mellon Scaife
Tribune-Review
Greensburg
Larry Walsh
Dennis Roddy
Fast-Gazette
John Craig
Teamsters
Pittsburgh Press Co
E.W. Scripps Co
the Press
Ful
the Press Co
Morning Post- Gazette
Post Gazette
Rotary Club
Elyria Ywca
West Ave
Ames Dept. Stores
Frederic M. Biddle
Boston Globe
Lendera
Ames
Stephen
Citibank
Robert Penick
Lorain County
Dennis J. DeMarco
Frank
Convenient Food Mart
Les Drage Realty
George Voinovich
City Center
Broadway and
Erie Avenue
Andrew and
Pivcevich
New York
Enteras Oy
Nhitlab
Upjohn
Itm Hat Nyse
CypSem
eIth
WalMart
Delta Air
Dragas
Wendys
DomRes
DuPont
Sime
Egi
Exxon
A PhilPet
At&t
Arkla
Prerrer
SmathCo BekrHu
BalyMr
Acme Cleve BankArm
ATI Gent
ATI Gent 252 Bly Obra + He Rangro S ¥ 4 5Ya— Ye Allied Corporatean ssa Bam
Allied Banter
Bella
Mla AmerShip
BeliSa
Saloma
Wat
Bevrly
CoRancorp Inc
Manton Hans
Saratees
di- Cpc Inter Inc
Bowin Tor
Schimb
Hibern
Giant
First Bancorp
SvMor
LNB Bancorp
Charelas
JohnJns
Kmarts
Cocacis
Travner
Parker Hannifin
Comeric
Sanrise Medical
Marriot
Ucarb
Ty Woolworth
ConEa
Vie CiStor
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