Business wins big in long distance telephone wars
Washington witnesses argue that Bell breakup boosted business and government customers with choice and savings. AT T senior VP Edward Block and MCI chair William McGowan tout new products since divestiture, while skeptics say public education on options remains poor and confusion lingers for residential users.
MENTIONED IN THIS ARTICLE
Washington
Bell System
American Telephone & Telegraph Corp
At&t
Edward Block
MCI Corp
William McGowan
Block
Cbs-Tv
McGowan
Samuel Simon
Telecommunications Research and Action Center
Simon
Bulk foods cut costs by selling by weight in self-serve stores
Philadelphia area retailers move to bulk sections to lower packaging costs, offering 20 to 70 percent savings. Barrel Grocer, Acme Markets, Pathmark and Super Fresh test self-serve bulk aisles with about 600 items. Concerns over contamination lead to clerks assisting shoppers and strict sanitation rules under FDA guidelines.
MENTIONED IN THIS ARTICLE
Philadelphia
U.S. Department of Agriculture
California
Acme Markets
Thorndale
Chester County
Super Fresh
Pathmark
Supermarkets General Corp
Woodbridge
N.J
New Jersey
New York
Barrel Grocer
Gary Reiss
Reiss
Eric Steinberg
Bull Tressler
U.S. Food and Drug Administration
Bullish year ushers in mergers and deregulation shocks
A brisk 1986 start sees the Dow near 1200 as energy prices ease and deregulation spurs merger activity. Oil prices slip, OPEC cuts to 28 dollars, and global markets show strong dollar trends with major deals and bank troubles shaping the year.
MENTIONED IN THIS ARTICLE
Dow
OPEC
King of Torts Jamail Wins Pennzoil Texaco Case
Houston attorney Joseph D. Jamail Jr. earned the label “King of Torts” by steering Pennzoil’s $10.53 billion judgment against Texaco over a Getty Oil merger. Jamail built a personal moral crusade, turning complex corporate disputes into decisive courtroom wins and vowing to challenge duplicitous corporate conduct.
MENTIONED IN THIS ARTICLE
Houston
Joseph D. Jamail Jr
Pennzoil Co
Texaco Inc
Jamail
Texas
Texaco
Pennzoil
Getty Oil Co
All Universe
Richard
Racehorse" Haynes
Fort Worth
Cullen Davis
J. Hugh Liedtke
S&P forecast flags winners and losers for 1986 economy
Standard & Poor's 1986 forecast expects lower interest rates and a weaker dollar to aid growth next year, especially in airlines, chemicals and semiconductors, while autos energy and homebuilding stumble. Foreign competition deregulation and cheaper oil could dampen many firms. Fed reports money supply fell $600 million to $622.6 billion for the week ending Dec. 16. The National Consumers League gave Senate and Reagan administration D grades on consumer issues, House received a C, calling 1985 a year of virtual inaction.
MENTIONED IN THIS ARTICLE
New York
U.S
Standard & Poor's Corp
Federal Reserve Board
Fed
MIL
Washington
National Consumers League
Senate
Reagan Administration
House of Representatives
Linda F. Golodner
Also Mentioned on This Page
Business News
The
Christian Science Monitor News Service
Bank OF Boston
U.S. Treasury
ESM
Ohio
Bevill, Bresler & Schulman
Capital Cities Communications
ABC
Rupert Murdoch
20Th Century Fox
Fox
Metromedia Inc
Ted Turner
CBS
Japan
Israel
IBM
Coke
Procter & Gamble
Pan Am
Delaware
T. Boone Pickens
Unocal
Allied Corporation
Signal Companies
Uniroyal
R.J. Reynolds
Nabisco
Hughes Aircraft
E.F. Hutton
Maryland Savings and Loans
Lloyds of London
U.S. Equal Employment Opportunity Commission
Toyota
Georgetown
General Motors
Spring Hill
Tenn
Saturn
Exxon
Bank America
Manville Corporation
Union Carbide’s Institute
W.va
A.H. Robins
Coca-Cola
South Africa
Farm
Chrysler
Group of Five
Britain
West Germany
France
Treasury
James A. Baker
Phillip Morris
General Foods
Germany
Daimler-Benz
AEG
Daimler
U.S. Steel
Marathon Oil
Texas Oil & Gas
Kohlberg, Kravis, Roberts
Beatrice
London
Netherlands
Singapore Stock Exchange
Pan-Electric
Jan Seymore
Ross Corp
Milwaukee
America
Harris County
Joseph II
Pennzoil-Texaco
University of Texas Law School
Rakill
Nesay
ONO
Fragrany Wall
Path
Tim
LYBO
HealthLine
Kolbera
Lorain, Ohne
Lorain Community Hospital
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