Ford sees early Villager gains amid mixed January figures
Ford Motor Co reports higher Villager sales up 18 percent from January 1998 with 2,815 units sold. The redesigned 1999 model includes a fourth door and aims to boost Villager performance while overall Ford January sales rose 8 percent led by a 46 percent Windstar gain.
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Cardoso taps Fraga to lead Brazil Central Bank
President Fernando Henrique Cardoso fired Francisco Lopes after three weeks and named Arminio Fraga to head the Central Bank to steady markets. Fraga, Princeton-educated economist and associate of George Soros, awaits Senate approval as the real strengthens while the stock market falls.
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Leading Indicators Rise Signal Growth Ahead
The Conference Board reports December’s leading economic index up 0.3 percent to 106.5, signaling above average growth 6 to 9 months ahead. Officials say the expansion could become the longest on record by early 2000, with Asia Russia and Latin America turmoil not derailing momentum. The Seattle Times plans a shift to morning publication under a joint operating agreement with Hearst, aiming to boost profits. The Clinton administration proposes higher airline taxes and new air traffic control fees while airlines push fare increases, amid a proposed use of aviation trust fund surplus.
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Avon site eyed for new restaurant and motel plan
Currie Hall Investment Co submitted revised plans to Avon Planning Commission for a second restaurant and a 0.75 acre retention pond on the 8.1 acre site near Chester Road and state Route 83. The project includes Bob Evans Restaurant, Hawthorn Suites and Microtel Inn with a target closing date by end of April.
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Chester Road
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Seifert
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