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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Nov 05, 1996

Page

13

GM moves to recoup light truck losses from strikes

General Motors begins a campaign to restore production after a week of strike related shutdowns hitting four light truck plants including Indianapolis and Janesville. By week’s end most Canadian operations were back at full output though analysts warn full recovery may take until early spring.

Detroit General Motors Corp U.S United Auto Workers Indianapolis Janesville Wis Maryann Keller Furman Selz Inc UAW Uaw-Gm Chicago Stephen Yokich Chrysler Corp Yokich

Opinions split on MCI merger and rate effects

The $20.8 billion MCI British Telecom merger forms Concert, a new communications powerhouse serving 43 million customers in 72 countries. Analysts warn rates could fall or rise, while regulators weigh foreign influence and competition. Share prices jumped as parties seek government approval within a year.

New York MCI British Telecom U.S British Telecommunications PLC MCI Communicatons Corp Britain New York Stock Exchange London

Credit cards lower rates for holidays

New York AP reports AT&T Corp and Citicorp cut interest rates for top customers to capture holiday spending. Ram Research notes 20 percent of yearly charges occur from Thanksgiving to Christmas, while bank charges remain high and advocates say issuers can lower rates without hurting profits.

New York At&t Corp Citicorp Robert McKinley Ram Research Corp Mitchell Montagna At&t Universal Card Services Corp Stephen Brobeck Consumers Federation of America

Election moderates Wall Street trading

New York AP reports pre election trading as investors favor blue chips over riskier shares while polls shape expectations on party control. Dow climbs 19.75 to 6041.68 as 30 year Treasury yields ease to 6.66 percent amid cautious sentiment and inflation worries.

New York Congress Wall Street Treasury

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