U S will harden stance on unfair trade practices says Yeutter
Washington APreporter says US Trade Representative Clayton Yeutter told Ohio conference that Washington is becoming more aggressive against unfair foreign practices. He cited disputes with Japan on leather footwear and Europe on agricultural issues and warned of quasi retaliation next week over Portuguese restrictions and possible action against Brazil on computer problems.
MENTIONED IN THIS ARTICLE
Washington
United States
Clayton Yeutter
Yeutter
Michael Oxley
Robie
John Kasich
Brazil
Hove Ways and Means Committee
Congress
U.S
April car sales rise but lag behind '85 pace
Domestic new car sales climbed in April on stronger incentive programs yet remained 8.7 percent below April 1985. Imports rose to 26 percent of total, with 18.5 percent Japanese, 6.2 percent Europeans, 1.3 percent Hyundai. GM, Ford, and Chrysler posted declines, while American Honda and Volkswagen gained. Nissan more than doubled year over year as its Tennessee plant started.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Hyundai
South Korea
American Honda Motor Co. Inc
Volkswagen of America Inc
American Motors Corp
Nissan Motor Corp. USA
Tennessee
Ameritrust to Acquire Indiana Bank in Merger
Cleveland based Ameritrust and First Indiana Bancorp of Elkhart say they will merge to acquire American National Bancshares Inc of Noblesville Ind. American National shareholders receive 28 million dollars in cash. Completion expected in the third quarter.
MENTIONED IN THIS ARTICLE
Cleveland (Ap
Ameritrust
First Indiana Bancorp
Elkhart
American National Bancshares Inc
Noblesville
Ind
American National
Cincinnati firm seeks bonds to buy Crestmont nursing homes
A Cincinnati firm requests 3 million in industrial revenue bonds to acquire Crestmont East at 1251 East Ave and Crestmont West at 211 West Ave in Lorain. Lorain County Economic and Industrial Development Corp. will hear the proposal May 13 at 11 am in the commissioners hearing room. Bond counsel Taft, Stettinius and Hollister represents Crestmont-Cleveland Partnership. The projects aim for completion by December 31, with payroll of 1.1 million and 127 jobs retained. The Coury brothers of Cleveland currently own the two facilities and other local nursing homes.
MENTIONED IN THIS ARTICLE
Elyria
Cincinnati
Lorain County Economic and Industrial Development Corp
Commissioners’ Public
Lorain County Administration
Middle Ave
Taft, Stettinius
Crestmont-Cleveland Partnership
Crestmont
East Ave
West Ave
Oil price collapse reshapes blue-collar boom and risks
Energy price declines lift middle earners who buy gas and heat, while hit hard the oil belt and related industries. Du Pont and other manufacturers face mixed gains as lower oil costs cut raw materials but hurt energy-linked assets. Economists note broader benefits for consumers with modest incomes amid a two edged impact on firms.
MENTIONED IN THIS ARTICLE
America
Kmart
Chevrolet
Colonel's
U.S
Texas
North Dakota
Southwest
Charles L. Henry
du Pont Co
Conoco
du Pont
Henry
Stanley Feldman
Data Resources Inc
Massachusetts
Women gain ground in sports marketing focus
Chicago Tribune reports women are a growing target in sports advertising driven by new spending on apparel and services. Karin Lippert notes 51 percent of women participate in sports and 70 percent of college educated women exercise weekly. Running remains among top activities with 17 to 20 million women runners nationwide. Lippert cites Grete Waitz and increasing female visibility in beer ads.
MENTIONED IN THIS ARTICLE
Karin Lippert
New York
Lippert
Grete Waitz
New York City
Michelob
Ford and Chrysler raise small truck prices quietly
Ford Motor Co and Chrysler Corp boosted prices on most small trucks effective April 21 and April 29 respectively, averaging 2 percent. Spokesmen said there was no public announcement, noting it is industry practice and linked to GM price moves.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Chrysler Corp
Ford
John Sieg
Chrysler
Douglas Nicoll
General Motors Corp
Sieg
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