White Motor halts German negotiations
White Motor Corp. terminates a purchase agreement with Maschinenfabrik Augsburg-Nurnberg that would have given Maschinenfabrik a majority stake and halted joint development plans. The decision followed executive meetings and a teapraisal showing expected benefits were lower than anticipated. Oct 19, 1978 had seen a princi pal agreement for an equity investment and technology exchange, with a $13 per share purchase of 1.2 million shares.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
White Motor Corp
Maschinenfabrik Augsburg- Nurnberg
Maschinefabriek
White
E. Knudsen
Maschinenfabrik
Maschinefabrick
Market edges higher after steep week decline
NEW YORK AP The stock market edged higher today with the Dow up .34 to 821.55 at 10:30 am as advances and declines remained roughly even on the NYSE. Treasury Secretary Blumenthal said wage and price standards may need updating but sees no recession. The Dow later fell 1.12 to 21.21 on Friday, leaving the week down 15.07 points as volume dropped.
MENTIONED IN THIS ARTICLE
New York
Treasury
W. Michael Blumenthal
Conference Board
Business Research
Dow
NYSE
American Stock Exchange
Uniroyal and union face talks stalemate in Akron
Uniroyal Inc and the United Rubber Workers brace for continued deadlock after a judge voided Carter era anti inflation guidelines. Negotiations resume in Akron Tuesday amid union warnings of pressure from rivals General Motors and Southern Industries.
MENTIONED IN THIS ARTICLE
Akron
Uniroyal Inc
United Rubber Workers Union
Carter
Uniroyal
U.S
Barrington Parker
Washington
Peter Bommarito
Bommarito
General Motors
Southern Industries
James Hill
Area firms praised for air quality upgrades by South Shore group
Eight area companies Ridge Tool Kasper Foundry Ohio Lime Northern Ohio Sugar Central Soya Sandusky Crushed Stone Chef's Pantry and Certain Teed earned praise from the South Shore Lung Association for installing particulate control equipment. The award drew on Cleveland EPA data as Lorain County’s EPA office closed.
MENTIONED IN THIS ARTICLE
South Shore Lung Association
Ridge Tool Co
Kasper Foundry
Ohio Lime
Northern
Ohio Sugar
Central Soya
Sandusky
Chef’s Pantry
Lorain
Huron
Erie
Cleveland Environmental Protection Agency
Lorain County
EPA
GOP Sens push for consumer win over oil price control
Three Republican senators Baker Stevens and Laxalt criticize big oil and push extending price controls on old oil. They warn against OPEC pricing and urge independence from Exxon claims while arguing for divestiture and consumer protection to curb cartel pricing.
MENTIONED IN THIS ARTICLE
Howard Baker
Tennessee
Ted Stevens
Alaska
Paul Laxalt
Nevada
Stevens
Fairbanks
Exxon
Standard of Ohio
Atlantic Richfield
OPEC
United States
White House
Baker
Laxalt
Orl
Carter
Texaco
Shell
Uncle Sam
House of Representatives
Senate
Congress
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the Chronicle Telegram
White Motor
T's S Ally Poe
Aihed Chan
Ee Alby Chambers
AMAX
Bs Am Airlines
Diamond Iti
DuPont
Eastern Air
Astinan Kodak
Salon
Ty Evans
Axxon
Forestone
Ford Motor
Gen Dy
Pvermics
Goadevt
Greyhound
Gulf Ou
We Hersh Foods
Incalta
Og Rand
Int Harvester
T&t
Kennecot
Kellogg
Kroger
Mobil
Tate
Ty Monsanto
Motorla
Gamble
Aav
Rockwell
Aev Roland
Rubbermaid
Smucker
Ats
Tiraken
Oh ‘Trans Sp
Owe
UAL Inc
Minny Carlee
Winraytoo Bs Steel
Western Union
Westh
Elec
Ny Whitt Motor
Woolf
Mid-Ohio Securities Corp
Sotional Association
Lorabe
Birla
Pitzer Park
Broad St. Elyris
Area Business News
F. W. Dodge Division
McGraw-Hill Information Systems Co
Ohio
Banc Systems Association
BSA
Dartnell Institute of Business Research
Dartnell
Charles R. McDonald
Greater Cleveland Growth Association
Council of Smaller Enterprises
Senate Rules Committee
COSE
Gop Sens
Speak
Nader
Grai
Pvee
Concerned Citizens For
Elyria
Wm. Fitch
Treas
Garford Ave
Court and
Broad St
John B. Simpson
Money Market Certificate
Usations
Northern Savings and Loan Company
Middle AY
Midway Mall
Moman
Elyria Center
Ridge Road
Root Road
North Ridgeville
Letoin
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