Tax overhaul boosts corporate tax rate to 27.8 percent
GAO study shows 220 large firms average tax rate rose from 18.6 percent in 1986 to 27.8 percent in 1987. Some companies still pay under 10 percent while others exceed 40 percent. Exxon Amoco and IBM cited among notable rates. GM shows negative rate due to losses and refunds. The report notes mixed industry results and questions net tax burden shifts.
MENTIONED IN THIS ARTICLE
Washington
Congressional
U.S
General Accounting Office
GAO
Donald Pease
D-Oberlin
Byron Dorgan
D-N.d
Chrysler Corp
Ford
General Motors
Exxon
Amoco
Texaco
Warner Communications
Rockwell International
International Business Machines
Merrill Lynch & Co
J.C. Penney
Bad and good bosses honored in national contest
A Philadelphia businessman dubbed a dubious winner led a group of bosses praised and condemned in a 9to5 contest. Awards spotlighted misconduct such as spying on female employees and forged signatures, while praise went to leaders supporting family leave and respectful workplaces. Judges included Rep. Schroeder and labor officials.
MENTIONED IN THIS ARTICLE
Washington
Philadelphia
New York
Gaylord
Minn
Cleveland
9To5
National Association of Working Women
Boulder
Colo
Ben Bravo
Rep
Patricia Schroeder
D-Colo
Washington Post
Bob Levey
Roberta McKay
Labor Department
Women’s Bureau
Five Firms Pool for Nasp X-30 Hypersonic Aircraft
Five rival aerospace firms form the National Contractor Team to develop the NASP X-30 a hypersonic plane 25 times faster than sound with NASA DoD support. Lead contractor Rockwell International and program director Barry Waldman will unify designs and produce a single configuration by year end.
MENTIONED IN THIS ARTICLE
Washington
Lee Beach
NASA
Beach
General Dynamics
McDonnell Douglas
Rockwell International
Rockwell
Rocketdyne
Pratt
Barry J. Waldman
Congress
Erik Simonsen
BP Sells U S Coal Operations to Zeigler for 115 Million
BP America agrees to sell its U S coal operations to Zeigler Coal Holding Co for 115 million dollars subject to federal government approval The Franklin Coal and Old Ben Coal units include four Illinois underground mines two Indiana surface mines and West Virginia operations The group controls over 390 million tons of coal reserves in Illinois Indiana and West Virginia In 1989 the unit sold 14 1 million tons mainly for domestic power generation with 380 million dollars in revenue
MENTIONED IN THIS ARTICLE
Cleveland
BP America
U.S
Zeigler Coal Holding Co
Franklin Coal and
Old Ben Coal Companies
Illinois
Indiana
West Virginia
Five Best and Seven Worst Mutual Funds 1989 Performance
The article lists the top five and seven worst mutual funds by total reinvestment cumulative performance for 1989. It notes Memorial Day observance and markets closed, affecting trading and reporting.
Kidron Livestock Auction Yields Mixed Prices and Strong Feeder Pigs
Kidron consignments totaled 2 060 with 435 consignors as markets showed lighter hogs but firmer prices in some segments. Dairy cattle demand remained high with cows up to 1 400 dollars and heifers to 1 360 dollars, while feeder pigs and calves posted varying gains and losses across weight classes.
Also Mentioned on This Page
Cleveland Group
Birmingham
Ala
Hofstra
A. Philadelphia
A ‘Beer & Beer
University
Hempstead
N.Y
Northwest Airlines
Beer & Beer
Madison
Wis
Lonnie Bope
Astro-Valcour, Inc
Alsip, Ill
Astro-Valcour
Whitney
NASA Department of Defense
Elyria
Oberlin Rd
Ohio
Lorain
Clave
Bp-Zeigler
Uaeek & Service
T.V
Schuenemanns
RCA eToshibae Sylvania
Sheffield Lake
E. Lake Road
Oberlin
Parma
Westlake
Center Ridge
Schuenemann TV
Alion
Alger
Ronda
United Services Gold
Japan
Lipper Analyical Secures
Pilgrim F
Dean Witter
Alliance
NEA Graphi
Kidron Livestock
Hatfield
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