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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Congress
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