Westinghouse Infinity deal approved with station divestitures
The Justice Department allowed Westinghouse Electric and Infinity Broadcasting to merge, forming the nation’s largest radio group. To ease antitrust concerns they will sell WBOS FM Boston and WMMR FM Philadelphia, leaving five stations in each city and 77 stations in 13 markets overall.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Westinghouse Electric
Infinity Broadcasting
Philadelphia
Boston
Antitrust
Westing
House
Infinity
Westinghouse
Wbos-Fm
Wmmr-Fm
FCC
Department
U.S. District Court
Boeing wins $1.1 billion laser warplane contract
The Air Force awarded Boeing Defense Space Group a 1.1 billion contract to build a prototype laser armed warplane, the YAL-1A, with TRW and Lockheed Martin as partners. Gen. Ronald Fogleman hailed the project as revolutionary, targeting ballistic missiles in boost phase with a seven plane fleet possible by 2008. Rockwell International lost the bid.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Boeing Defense Space Group
Rockwell International
Ronald Fogleman
Boeing
TRW
Lockheed Martin
Boeing Ca
North Korea
Iraq
Iran
Libya
U.S
Sunbeam to Cut Payroll and Close 18 Factories
Sunbeam Corp plans to slash half its 12,000 jobs and drop lesser products like patio furniture to focus on kitchen appliances. Albert Dunlap aims to shrink to eight factories, cut 87 percent of product lines, and double revenue to $2 billion in three years, with restructuring to finish in 45 days.
MENTIONED IN THIS ARTICLE
Sunbeam
Murfreesboro
Terin
Sunbeam Corp
Miami
Albert Dunlap
Oster
Mixmaster
Micigeshyde Wong
New York Stock Exchange
Dunlap
U.S
Metal Prices New York Metals Week Week Composite
METAL PRICES NEW YORK UP Closing paces yesterday on the Comex Gold 98.90 per troy ounce Silver 48.69 per troy ounce Platinum 392.00 per troy ounce Palladium 119.95 per ounce Spot Nonferrous Metal prices yesterday Aluminum 651 Copper 98.65 cents a pound Lead 50 cents a pound Zinc 54 cents a pound Tin 35.98 per pound Mercury 265 per 76 pound flask
MENTIONED IN THIS ARTICLE
New York
Comex
Creston Livestock Prices Mixed on Barrow Stock
Livestock market report shows cows and calves moving lower with steer prices at 85.50 and down while heifers fetch 49 and down. Veal calves include 53 head at 70 to 82 dollars, 82 head at 25 to 50 dollars, and 24 head at 50 to 70 dollars. Cull cows around 25 dollars, and calves back to farm show heifers 80 to 165 and bulls 80 to 92 dollars.
MENTIONED IN THIS ARTICLE
Creston
Local Stocks at Market Close
Loran County Farm Bureau Cooperative Association reports grain prices at yesterday's close. Wheat 4.51 per bushel shelled corn 2.63 oats 2.00 soybeans 6.56.
MENTIONED IN THIS ARTICLE
Loran County
Also Mentioned on This Page
Joel J. Klein
Joel I. Klein
Federal Communicaons Commission
Bob Dodge
Biddeford
Maine
Dodge
Fort Lauderdale
Fla
Creston Livestock
Active New York
Beatte Alsi
Fe Chasem
Bae Bas Bava A
Oasis
Bae DuPont
Exxon
Femara
Dobalas
Whst Mutual
Trebek
Puritan
Mit
USA
Templeton
Hk Templeton World
Vanguard Wellington
WelMari
Bet BP Bale
Weigel
Chrysler Parker Hannifin
Go8ancom Inc
Revco
Columbia Gas
R.P.M. Inc
Emerson Alliancers
Englehard
Sherwin Williams
Smuckers
SJMA
Ford
Stens
General Motors
Orrin
Ata
OTL Blood Bank
EGS’ County Blood Bank
East Badge Street
Eynt
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