Borman to Leave Eastern Air Lines for Texas Air
Miami crowds react as Frank Borman announces he will quit as Eastern chairman on July 1 to become vice chairman of Texas Air Corp. The switch follows wage disputes and a tougher stance from Texas Air chief Frank Lorenzo, prompting mixed emotions among employees and unions.
MENTIONED IN THIS ARTICLE
Miami
Miami International Airport
Eastern
Frank Borman
Nilda Rinehart
Borman
Jan Belland
Susan
Texas Air Corp
Houston
Las Cruces
N.M
Belland
Texas Air
Frank Lorenzo
Lorenzo
Robert Aguero
Continental Airlines
Creston Livestock Auction Lists Wide Range of Bids
Auction at Creston features 270 consignors with cattle, calves, hogs and lambs. Prices show calves 70 to 384, hogs 49 to 75, sheep 2350 per head for ewes, and various steers and heifers trading from 12 to 92 dollars per animal.
MENTIONED IN THIS ARTICLE
Creston
Holston
Rates rise on 3 month and 6 month Treasury bills
Washington AP reports sharp rises in short term Treasury rates at Monday auctions. The Treasury sold 7 billion in three month bills at 6.33 percent discount and 7 billion in six month bills at 6.41 percent, with actual returns of 6.52 and 6.72 percent respectively. The Fed noted one year bill yields at 6.79 percent last week, influencing adjustable rate mortgage benchmarks.
MENTIONED IN THIS ARTICLE
York
NYSE
At&t
Anheus
Bethst
CIGNA
Digital
Disney
duPont
Mats East Air
Exxon
Ty FeptMc
GSU
Ty Mousiott
IBM
Slohnda
Bo Atk Lilly St Ag
Beta BS Te Bon Nlind
Smludb
Dla
Ntserny Sob
Navistr Fk
David Schmeltzer
Consumer Product Safety Commission
Johnson & Johnson Baby Products Co
Washington
Treasury
Treasury Department
Federal Reserve
Justice Dept to intervene in TRW antitrust suit
The Justice Department will file notice to take over a 1.2 billion lawsuit against TRW Inc and co defendants General Electric United Technologies and Iscar Blades. The action, under the False Claims Act, targets price manipulation on defense contracts for the B 1 bomber and jet fighters. Former TRW employees quoted in the suit include Larry Eagleeye Charles Broome and Alan Russo and internal records are being released to a House subcommittee.
MENTIONED IN THIS ARTICLE
Cleveland
Justice Department
TRW Inc
U.S Attorney
Washington
General Electric Co
United Technologies Corp
Iscar Blades Ltd
Israel
TRW
Iscar Blades
Larry 5S Eagleeye
Charles Broome
Alan J. Russo
U.S
Alvin S Krenzler
Krenzler
House Energy and Commerce Subcommittee On Oversight and Investigations
Also Mentioned on This Page
Aguero
Ogden I
PhilPet
Pioneer
RCA
Revco
Rexard
LTA
Rayld
Ryders
Saloma
Schimb
Scott P
Sa Sears
Shawn S
Travner
Pierre R Smith
Allied Corporation
Alltel
AmerShip
American Standard
Centeriar
CPC Inter Inc
Emerson Rtl
Excello
Creston Livestock
Andrew D. Balmer, M.D
K. Anne Jacobs M.D
Detroit RD
Avon
Ohio
Hearing Aid Services Inc
John B. Simpson
Thurs
Lorain
Oberlin Ave
UAW
Justice Dept
Subcommittee
John Dingell
D-Mich
Gerald Palmer
National City Bank
National City
National City Bank Eee OF National C
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