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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 18, 2001

Page

10

OPEC to Cut Oil Output By 4.5 Million Barrels A Day

In Vienna the 11 member OPEC voted unanimously to slash production by 4.5 million bpd about 5.6 percent of current output. Analysts warn the cut may stabilize prices through winter but risks renewed gasoline squeezes in spring and a slower global economy.

Vienna Austria OPEC Leo Drollas Think Tank Centre For Global Energy Studies U.S Far East Opec Bas Drollas Morgan Stanley Dean Witter Saudi Arabia Ali I. Naimi Iraq Rodriguez Kuwait Algeria Iran Chakib Khelil William Edwards Edwards Energy Consultants Katy Texas

Farmer converts tobacco farm to 18 hole Hillsdale Springs Golf Club

Philip and Jenny Rice of Brooksville Kentucky convert their tobacco farm into an 18 hole public golf course with up to 47 home lots. After tobacco quotas shrink acreage and profits the couple fund the project with help from their son Andy, Mrs Rice's sister and neighbor Robert Turner. Estimated total cost reaches 1.5 million dollars.

Brooksville Philip Rice Jenny Rice Ricers Andy Hillsdale Springs Phil Rice Brookville

Four Thousand Bermuda Cruises Canceled

About 4,000 travelers with bookings on the Crown Dynasty to Bermuda this spring and summer face refunds or rerouted trips after Apple Vacations failed to reach a deal to keep the 800 passenger ship running following its Florida owner's bankruptcy. The ship, based in Philadelphia last year, had 3,000 cabins reserved at 999 to 2499 per person, with 1,000 more awaiting plans.

Bermuda Crown Dynasty Florida Doug Brown Apple Vacations Newtown Square Brown Apple New York Aruba Philadelphia Philadelphia Naval Business Center Chesapeake Bay Delaware River

Phar-Mor layoffs hit 22 at headquarters

Phar-Mor Inc. laid off 22 of its 250 corporate workers in a restructuring at the Youngstown headquarters. Most affected were in the computer systems and merchandising departments as the company reported a $5.5 million loss for the year ending July 1 and $8.5 million in the first quarter of the current fiscal year.

Phar-Mor Youngstown Phar-Mor Inc

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