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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 17, 1988
Page
14
Chronicle-Telegram reports on Jackie Presser’s legacy as Teamsters president amid indictments and union turmoil. Industry insiders praise his push for productivity and profit sharing while dissidents accuse concessions of selling out members. His death deepens a leadership scramble as the union awaits a successor.
The piece outlines a rivalry between New York and Chicago financiers over futures and options. It notes Chicago’s rise with stock-index futures and the NYSE Merc agreement, led by Leo Melamed, to stabilize markets. Both hubs see mutual dependence despite enmity and seek innovations to capture more global business.
The nationwide summer job market strengthens with rising entry level wages and scarce youth labor. New data show 820000 jobs added in June, 75 percent to ages 16 to 24, while Illinois and other states see shortages of young workers and rising pay.
DAN RODENO named national marketing and sales director of Whizard Protective Wear at Bettcher Industries overseeing US sales. RODENO previously eastern regional manager. formerly with Best Cast Inc and St Marys Foundry. Ohio University marketing major. RUSSELL G KOBERNA promoted to VP administrative services AmeriTrust Co. joined 1969 as computer operator. WALTER P GODLES named general manager Lorain Retail and Commercial Division of A C Tire. 36 years in tire industry. formerly with BF Goodrich. NICK ALIMAKIS named Bob Evans Farms Restaurant manager of the year. led Elyria unit. company runs 204 restaurants in 12 states. FRANCES V LESNIAK vice president Lorain National Bank. among 159 Ohio University School of Banking freshmen graduates. BEENDA SABO of Ad Link Marketing Elyria led a seminar for Amherst Area Chamber of Commerce last month.
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