UAW Ford strike talks move toward partial deal
UAW and Ford reached a partial agreement on wage and benefit concessions but require Ford to counter with union rewards. Talks on plant closings and outsourcing continue, with Fraser warning no deal without satisfying workers. Estimated savings to Ford hover around 1 billion over three years amid a nine month cost of living freeze and wage guarantees discussions.
MENTIONED IN THIS ARTICLE
Detroit
UPI
United Auto Workers
Ford Motor Co
UAW
Ford
Douglas Fraser
Fraser
Peter Pestillo
Pestillo
Holiday Inn Says Thanks With Gala in Elyria
Lorain County Holiday Inn hosts Thank You Week with a red carpet and free shoeshines, wine, coffee, punch, popcorn and music. About 150 businesses display booths over three days starting Wednesday evening, aiming to draw 8,000 attendees and showcasing local service groups while offering a married couple rate and a prize drawing.
MENTIONED IN THIS ARTICLE
Elyria
Holiday Inn
Lorain County
Robert L. Stuart
Stuart
Petersburg
Butler
Elyria Holiday Inn
Opening stocks dip and rise amid light holiday trade
Stocks opened mixed with a light trading pace as banks closed for Lincoln's Birthday. The Dow rose 1.23 points to 835.90 after 30 minutes, RCA moved up to 20 percent, Eastman Kodak fell to 70, Mapco gained 4 percent, Exxon held at 28.75. Inflation at wholesale level rose 0.4 percent in January, 5.3 percent annual rate, while short-term rates stayed largely steady.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Lincoln
RCA
Eastman Kodak
Mapco
Exxon
Grain Prices in Ohio After Market Close
UPI reports averaged cash grain prices paid to farmers in Ohio by elevators after markets closed Thursday and before Friday opening. Northeast units show No 2 wheat 336, No 2 corn 242, No 2 oats 230, No 1 soybeans 6. Northwest No 2 wheat 339, No 2 corn 239, No 2 oats 215, No 1 soybeans 603. Central No 2 wheat 347, No 2 corn 248, No 2 oats 237, No L soybeans 601. Trend shows No 2 wheat higher, No 2 corn and oats unchanged, No 1 soybeans lower.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Central Ohio
Egg prices rise in Ohio and Chicago markets
AP reports egg price data from Columbus and Chicago shows wholesale gains. Ohio retailers see Large A cartons at 81 to 83 cents with medium 78 to 80 cents. Chicago wholesale levels rise across classes with class 1 large at 54 cents and averages around 49 to 53 cents for various grades.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Chicago
Mowest
Metal prices New York spot nonferrous metals quote
New York AP reports spot prices for nonferrous metals: copper at a few cents per pound, lead 28-32 cents, zinc 43 cents, tin 97.54? cents, aluminum 76-77 cents, gold at 480 dollars per troy ounce, silver 86.60 dollars per troy ounce, mercury 375 dollars per flask, platinum 360 dollars per troy ounce.
MENTIONED IN THIS ARTICLE
New York
Harman & Harman
Haarmon & Harman
Grain prices at yesterday's market report
Loran County Farm Bureau Cooperative Association records show local grain closings with Wheat at 3339 per bushel, Shetled Corn at 239 per bushel, Oats at 225 per bushel, and Soybeans at 3602 per bushel. The figures reflect prices paid to farmers in the county market.
MENTIONED IN THIS ARTICLE
Loran County Farm Bureau Cooperative Association, Inc
Career Day Planned by Local Hispanic Representatives
Hispanic representatives from the armed forces various employment fields and colleges will participate in a career day from 1 to 5 pm February 27 at Sacred Heart Chapel 4301 Pearl Ave All area high school students and young adults are invited.
MENTIONED IN THIS ARTICLE
Lorain
Sacred Heart Chapel
Pearl Ave
Painful road ahead for economic recovery, Kaufman says
Wall Street economist Henry Kaufman forecast a cumbersome and painful path to growth under Reagan's 1983 budget. He warned that even full adoption of proposed cuts would still leave deficits above the administration's $91.5 billion target, signaling a difficult period for finances and markets. Volume of onhand inventories fell slightly in December, offering little relief, while Paul Volcker urged swift, decisive budget action to restore market confidence.
MENTIONED IN THIS ARTICLE
Wall Street
Reagan
Henry Kaufman
Congress
Kaufman
Salomon Brothers Investment House
Commerce Department
Federal Reserve Board
Paul Volcker
Senate
Retail chain eyes knight on takeover
Marshall Field & Co faces a takeover scare as Icahn & Co led group grows its stake to 17.2 percent and may seek board representation while offering a standstill. Field executives have sued to curb further purchases amid rising shares and takeover speculation.
MENTIONED IN THIS ARTICLE
Eyes Knight On Takeover
Marshall Field & Co
Carl Icahn
Icahn & Co
Icahn Group
Securities and Exchange Commission
Icahn
Marshall Field
Angelo Arena
Icahn Holdings
Icahn-Arena
Teahn
Marshall Field Board
Marshall Field Management
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