Carter trade curbs raise U S Soviet supply concerns
UPI report notes President Carter's decision to require licenses for oil technology exports to the Soviet Union and to cancel a Sperry Univac sale to Tass for the 1980 Moscow Olympics. Business leaders warn it may reduce U.S. jobs and shift orders to foreign rivals while some say long term Soviet growth could suffer without access to advanced U.S. oil equipment.
MENTIONED IN THIS ARTICLE
James A. White
UPI
New York
Carter
U.S
Soviet Union
White House
Tass
Harold B. Scott
Scott
Dresser Industries
Dallas
Ed Luter
Dresser
Luter
New Burger King opens with TV duo at Elyria grand debut
Big Chuck and Hoolihan attended the Channel weekend grand opening of Elyria's new Burger King at 827 Cleveland St. Children Michael Powers and Shannon Powers, ages 4 and 8, met the hosts during the festivities. The Powers are of North Olmsted, listed as Mr. and Mrs. Larry Powers.
MENTIONED IN THIS ARTICLE
Big Chuck
Hoolihan
Elyria
Burger King
Cleveland St
Michael Powers
Shannon Powers
Larry Powers
Noreen Dr
North Olmsted
Patty Foster
Steel employment hits eight month high in May
The American Iron and Steel Institute reports May employed steel workers reached the highest level in eight months. Hourly workers rose by 6,300 from April to May, with total hourly employment averaging 338,344 and total steel employment at 447,815. Wages totaled 878.05 million in May, boosting five month payroll to 4.12 billion for 1978.
MENTIONED IN THIS ARTICLE
Washington
API
American Iron and Steel Institute
Caldwell Favored as Ford President After Iacocca Exit
Detroit reports say Ford Motor Co may appoint Philip Caldwell to succeed Lee Iacocca as president with a board vote possible in September or October. Caldwell, 58, current deputy CEO and seen as capable, would take the helm as Iacocca’s official departure on October 15 approaches.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford Motor Co
Henry Ford II
Philip Caldwell
Lee Iacocca
Detroit News Sunday
Ford
Caldwell
Iacocca
Bill Harris
Harris
Philco
Truck
Ford of
Europe
Henry Ford
Himself
Tacocca
William Clay Ford
William O. Bourke
Court order ends DeCrane efforts
A Cuyahoga County Common Pleas Judge ordered publisher Ray DeCrane to sever ties with DeCrane's Business Review and remove his name from the biweekly. He must not write for any company except Business Journal Publishing Co. The prohibition lasts until April 1 next year when his contract expires. Damages of 52500 were awarded to Business Journal Publishing Co. DeCrane and associate Dewey were found to have conspired to establish a competing publication, hindering the journal's business.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Cuyahoga County
Common Pleas
Ray DeCrane
DeCrane
Business Review
Business Journal Publishing Co
Northern Ohio Business Journal
George J. McMonagle
McMonagle
Cleveland Press
Robert L. Dewey
i._CRANE
Dewey
Bendix reports strong third quarter results
Bendix Corp posts higher revenues and net income in the third quarter driven by aerospace electronics and shelter businesses. Revenue reaches 984 million, up 12.4 percent. net income 39.8 million, up 17 percent. earnings 1.74 per share. Nine month totals: 2.7 billion in revenue, 100.1 million net income, 4.45 per share. Automotive unit also slightly above year earlier. Also notes mortgage properties debt under 40 percent of value per National Association of Realtors.
MENTIONED IN THIS ARTICLE
Bendix Corp
Bendix
National Association of Realtors
Market drops sharply as Dow falls in early trading
New York stock markets declined with the Dow Jones industrial average sliding 6.06 to 827.36 in the first half hour. Declines outweighed advances about 2 to 1 on the NYSE, while the dollar weakened against major currencies and slipped below 200 yen. The AMEX composite index rose 0.30 to 151.84, a five year high.
MENTIONED IN THIS ARTICLE
New York
NYSE
American Stock Exchange
Also Mentioned on This Page
Chronicle-Telegram
Elyria, O
Mon
Sperry Rand
Arthur A. Meyerhoff
Tulsa
Okla
U.S.S.R
Commerce Department
CIA
Urals
Japan
Norway
West Germany
Canada
United States
Meyerhoff
Perey
Hovey
Kaiser Insurance Associates, Inc
Service
OUR
Philip B. KaIser
William Comerford
Paul G. Hovey
John Ryan
Lorain County Bank
Mid-Ohio Securities Corp
Ohio
National Association of Securities
Bourke
Standen & Guthman
Leon Rubin
Natl Sigel
Norfolk
Olin Corp
Owens Hill
Pan Am Air Ally Power
Penn Central
Allied Chem
Penney
Allis Chal
Penn PL
Alcoa
Peps
Ind
Amer Cyan I
Prem Int
AEI Power
Procter Gamble
Amer Motors
Sears
Sperry
Chrysler
Colgate
Cony Edison
Texaco
Con Edison
Timken
Conter
Cook United Sk Bt
UAL
Uy Curtiss Wn
Bamina Ith
UV Indust
DyPont Sa
Westh
Elect
Eaton
Wentve
Evans Pr Bt
Rhas
Exxon
Pitt Steel
Firestone I
Wharlpool
Ford Motor
Waite Motor
Elec
Sis Oy Woolworth
Gen Foods
Xerox Corp
Gen Motors
Zenith
Anco Ltd
CPC International
Sea Ang Rand
Emerson
Hart
Kellogg
Ah Lear Siegler
Lone Star
Whey Mattel
Cluo Eason Wee AicSouth Steel
Parker Hanmlin
Searle
Mobil Corp
Smucher
Monsanto
Southern Co
Tappan
Toledo Edison
Union Pacific Corp
Woolworth
American Telephone and Telegraph Co., Inc
Western Electric Go
Bell Telephone Laboratories
Sweet Home
Lorain National
Lorain National Bank
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