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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Mar 09, 1992

Page

8

Foreign-owned firms in Ohio seek more hires 31 percent forecast

Ohio study by KPMG Peat Marwick shows foreign-owned companies with 50 percent ownership expect to hire more this year at 31 percent, nearly double the rate of U S owned ventures. Japanese firms lead Ohio investment with 26,971 workers, British followed with 19,410, total foreign employment over 200,000.

Cleveland Ohio U.S Kpmg Peat Marwick Onndanta Aia Edwin L. Romito Japan United States America Romito Hee Segue Panies

Commerce imposition eyed to offset Canadian lumber subsidies

Washington The Commerce Department proposed a 14.5 percent import duty to counter subsidies on Canadian wood shipped to the United States. The ITC had found subsidized Canadian lumber harmed U.S. producers and will review for a final decision this summer on a countervailing duty affecting all or parts of Canada’s provinces.

Washington Commerce Department U.S United States U.S. International Trade Commission Canada ITC

Airlines balk at planned fare hike despite bankruptcy

United Airlines delayed a 2 percent fare increase set for domestic discount tickets to March 14 after bankruptcy carriers including Continental also postponed. TWA and America West, the other two carriers in Chapter 11, would not raise prices, prompting healthier rivals to delay as well.

New York United Airlines Continental Airlines TWA America West Airlines

Sticker shock helps explain weak auto sales in 1992

The Chicago Tribune notes consumer hesitation amid recession and layoffs, blaming high prices and a 10 percent luxury tax on vehicles over 30,000. It compares 1982 to 1992 prices for domestic brands GM Ford Chrysler and imports from Toyota Nissan and Honda, highlighting base prices and added costs.

General Motors Corp Ford Motor Co Honda Motor Corp

Law firm for Keating thrift OKs settlement

A New York law firm agreed to pay 41 million dollars to settle accusations by the Office of Thrift Supervision that its lawyers misled regulators in Lincoln Savings and Loan representation. The firm will pay over five years, with some coverage by insurance, and two partners are barred from representing financial institutions.

Washington New York Federal Office of Thrift Supervision Lincoln Savings and Loan Association Savings and Loans Kaye, Scholer, Fierman, Hays & Handler Peter M. Fishbein Karen &. Katzman Lincoln Gary Lynch Securities and Exchange Commission Enforcement OTC Kaye Scholer OTS S&l

Mulroney says Bush not aiming for trade war with Canada

Prime Minister Brian Mulroney says President Bush assured him the United States is not headed toward a trade war with Canada. He criticized certain U.S. protectionist actions while praising Bush's commitment to free trade and blaming lower level officials for the harassment in auto and lumber disputes.

Mulroney Bush Canada Toronto Brian Mulroney U.S United States Washington Republican Party

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