Slow economy slows Japanese automakers ranking Americanized cars
The piece describes a four factor index rating how American a car is, with Nissan showing a display in Ginza. It notes cautious Japanese buyers, profit dips for Honda and Mazda, Tokyo market dynamics, high investment plans, and planned plant openings by Nissan and Toyota as production expands despite weak demand.
MENTIONED IN THIS ARTICLE
Tokyo
Katsuhiko Omi
Nissan Motor Co
Ginza
Omi
Japan
Neal Doying
Baring Securities Inc
Ohio program funds Lorain business at 3 percent below rate
Lifestyle Interiors at 1610 Cooper Foster Park Rd Lorain is set to receive 91 150 in reduced rate financing under Treasurer Mary Ellen Withrows Linked Deposits program. The funding lets the business hire four full time workers over a two year term, with estimated 3 500 in interest savings.
MENTIONED IN THIS ARTICLE
Columbus — Lifestyle
Cooper Foster Park Rd
Lorain
Mary Ellen Withrow
Withrow
Ohio
Lifestyle Interiors
Arlene Smith
Treasury Rates Fall on Short Term Notes to Three-Week Low
In Monday auctions the Treasury sold 11.7 billion in three month bills at 3.71 percent and 11.6 billion in six month bills at 3.83 percent, both down from last week. The three month rate marked the lowest since May 18 and six month the lowest since May 18, with understatements of returns noted for investors. General Dynamics to repurchase up to 975 million in stock, buying 30 percent of common shares as cash-rich defense contractor reallocates funds. Delta Air Lines cuts summer Europe fares by up to 45 percent, matched by Continental, as rivals study the move. The Supreme Court set aside a ruling allowing certain airline oversold damages to be pursued under state law, sending the Montana overbooking case back for federal preemption review.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
General Dynamics
New York
Delta Air Lines
Europe
Delta
Continental Airlines
American Airlines
United Airlines
Northwest Airlines
Trans World Airlines
Usair
Supreme Court
Montana
Circuit Court of Appeals
P&G unveils Ultra Dry diapers to replace Phases lines
Procter & Gamble announces Ultra Dry disposable diapers using curly cellulose fiber for oncontact absorption to curb leaks. They will replace Pampers Phases and Luvs Phases, roll out this fall in the northwest and then nationwide and overseas as lines are retooled. KimberlyClark counters with Huggies UltraTrim planned for late summer.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gamble Co
Kimberly- Clark Corp
Procter & Gamble
P&g
Kimberly Clark
Dallas
AT&T talks press on for contract as unions push job security
Washington AP American Telephone and Telegraph and two unions continue negotiations to replace an expired contract. Spokesman Herb Linnen says progress is being made while unions stress job security amid fears of technological change. The 9.75 percent offer over three years follows an initial demand of 15 percent. Bahr had warned of a possible walkout, but unions halted strikes for now.
MENTIONED IN THIS ARTICLE
Washington
American Telephone & Telegraph Co
Herb Linnen
Morton Bahr
Communications Workers of America
CWA
Gaye Mack
Bahr
International Brotherhood of Electrical Workers
Linnen
Mack
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