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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Mar 10, 1980

Page

8

Worker ownership linked to higher profits and productivity

A 98-page report from the National Center for Economic Alternatives finds 30 worker owned firms were 1.5 times as profitable as peers. Earlier data show sales up 25 percent and profits up 157 percent in three years with 20 percent worker ownership.

Washington UPI National Center For Economic Alternatives Senate Finance Committee Pacific Northwest Mohawk Valley Community Corp Herkimer Sperry Rand Kaiser Steel Premi Europe Japan Congress Chrysler Small Business Administration

Million Dollar Flaming Pinto Trial Nears Verdict

Jury begins deliberations in the eight week Ford Pinto reckless homicide trial over the deaths of Judy, Lyn and Donna Ulrich after a rear end collision. Prosecutors say Ford knowingly designed a defective tank and failed to warn owners while Ford defense argues the crash was unsurvivable and the car was safe.

Winamac, Ind UPI Ford Motor Co Pulaski County Harold Staffeldt FORD Judy Lyn Donna Ulrich Michael Cosentino Cosentino Robert Duggar Judy Ulrich Osceola National Highway Traffic Safety Administration Harold Misch

Carter Nears Decisions on Anti Inflation Steps

President Carter nears decisions on measures to curb inflation including balancing the 1981 federal budget and possible credit controls. Aides expect a package to emerge late this week or next, with proposals on credit card eligibility energy conservation and oil import fees while avoiding broad mortgage and auto loan controls.

Carter Washington UPT Iran Senate House White House Congressional Budget Office Congress

Finley on finance impact of news on stocks

Financial news influence on markets is uneven and hard to quantify. Unexpected reports move prices more than anticipated ones, while stocks already priced high or low show muted responses. Oil shares face large capitalization hurdles before big gains, whereas electric utilities offer steadier yields amid rising rates and possible future reversals.

Gold mixed dollar up in worldwide trading

The dollar strengthened in most European markets while gold rose in Zurich to 612.50 per ounce and fell in London to 604.50. Currency shifts occurred across Amsterdam Paris Milan and Brussels as the dollar moved against several francs guilders lire and marks.

London UPI Zurich Amsterdam Paris Milan Frankfurt Brussels

Kodak storage holds 12,000 rolls for color prints in North Carolina

Huge presensitized photographic paper rolls weighing 3600 pounds each are stored in a 70 foot high, 160 yard long Bachman Kodak Co storage area at Rochester North Carolina. The facility can hold about 12,000 rolls enough to produce 200000 miles of color prints according to Kodak.

Bachman Kodak Co Rochester N. C Kodak UPI

Oil windfall tax would hit public

A group of independent oil drillers and operators argue that President Carter's windfall profits tax would hurt consumers by raising crude costs and threaten the oil industry. They protest in front of the Capitol, urging lawmakers to reject the plan and keep exploration funding flowing.

Washington UPI Carter Oklahoma Texas Capitol Congress Wenert Trich Longview Trich Marvin Simon Prague Okla

Market Down Slightly as Investors Await Inflation Plan

New York traders saw a small downturn in the stock market as they awaited details of the government's new anti inflation measures. The session reflected cautious sentiment ahead of policy announcements.

New York

Myths and doubts about inflation in 1980s era view

New York AP notes counterpoints to inflation fears, citing myths about OPEC and housing. It argues consumer finances improved while government mismanagement worsens prices and unemployment. It discusses possible credit controls and wage price measures under President Carter.

Congress

Also Mentioned on This Page

By Drew von Bergen Center Gar Alperovitz Jeff Faux Karl Frieden United States Flaming Pinto Watergate James Neal Laurence McQ Uillan Finley Harold Finley Chicago Tribune Alccoholes Anonymous Elyria Louise B. Betts Mid-Ohio Securities Corp Broad St Ohio Wpc The Business Chronicle Robert Penick Business Weiter New York Stock Exchange Amer Paler Corp Cal Ind Coca Cola Colgate Tenneca Columbia Gas Texaco Crow Edison Con Edison IBM Trans W Corp Cons NG TRW Inc UAL Inc Cartude Untrogal Inc Chriss Wri Ab Usstéel Det Edison Ayton IL Ua Uy West Union Westh Bec Eaton Miln Spoot White Motor Firestone Winn Dixie Ford Motor Woolworth Gen Foods Xerox Gen Motors Searle GD Co A Nabisco Smucker Natl Castill Southern Comm Dmpaum Syoron Norfall Wowate Union Pree Corp UN Hin Corp Organization of Petroleum Exporting Countries Custom Ear Bending John B. Simpson
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