Exxon Mobil merger talks would make world’s largest energy firm
Exxon Corp and Mobil Corp confirmed merger talks that would create the world’s biggest energy company with 47 000 gas stations and operations in over 100 countries. Analysts warn thousands of jobs could be cut as costs are slashed, possibly 20 000 in the United States.
MENTIONED IN THIS ARTICLE
Exxon Corp
Mobil Corp
Mobil
Exxon-Mobil
Royal Dutch
Shell Group of Cos
General Motors Corp
U.S
Exxon
Marshall
United States
Asia
British Petroleum
Amoco Corp
Asian stock rallies defy weak Asia economies
Asian markets have rebounded in weeks of gains despite no core economic improvement. Tokyo’s Nikkei rose 12.4 percent to 15,069.39, Singapore’s Straits Times up 74 percent to 1,394.76, while Hong Kong blue chips gained 61 percent from August lows amid questions over earnings and slow recoveries.
MENTIONED IN THIS ARTICLE
Hong Kong
Robert Rountree
Prudential Bache Securities
Russia
Brazil
Asia
U.S. Federal Reserve
Tokyo
Singapore
New York
South Korea
Malaysia
Paul Schulte
ING Barings Securities
Aero Grafix opens new Elyria studio for personalized airbrush art
The MacMahan family business Aero Grafix at 562 Cleveland Street Elyria opens in early October offering airbrushed artwork on T shirts leather jackets license plates motorcycles helmets cars and boots. Jim and Chris MacMahan create pinstriping lettering and portraits while Rose handles inventory and bookkeeping. The studio showcases work in progress and plans to attend fairs while maintaining a permanent storefront across from a Harley shop.
MENTIONED IN THIS ARTICLE
Elyria
Aero Grafix
Cleveland Street
Jim MacMahan
Chris
Elyria High
Rose
MacMahans
Lorain County
Rose MacMahan
Miyazawa Plans Retirement From Finance Post
Japanese Finance Minister Kiichi Miyazawa 79, a long time party elder and former prime minister, said he will step down after a few months in the role. He also intends to quit as head of a major Liberal Democratic Party faction and will not remain in the Cabinet once he resigns. He aims to stay until the 1999 fiscal year budget is completed, with timing unclear.
MENTIONED IN THIS ARTICLE
Tokyo
Kiichi Miyazawa
Miyazawa
Liberal Democratic Party
Japan
Oil stocks push market to new highs on Exxon Mobil merger talks
Oil shares led a Friday rally as merger chatter about Exxon and Mobil boosted sentiment. The Dow rose 18.80 to 9333.08, the S P 500 hit 1192.33, and the Nasdaq climbed to 2016.44 as online retailers surged and tech names powered the advance.
MENTIONED IN THIS ARTICLE
New York
Exxon
Mobil
S&p
Dow Jones
Standard & Poor
Bob Dickey
Daii Rauscher Wessels
Minneapolis
Dickey
Microsoft
Chevron
Dow
New York Stock Exchange
Exxon-Mobil
Deutsche Bank
Bankers Trust
America Online
Netscape
Also Mentioned on This Page
Alan Marshall
Robert Fleming Securities
London
The
Energy Department
Irving
Texas
Royal Dutch Shell
Fairfax
Standard Oil Trust
John D. Rockefeller
Standard Oil
New Jersey
Standard Oil of
Greenville
S.C
MacMahan
Bill Kufahl
Westlake
Bob
Middleburg Heights
von Dutch
Ed Roth
Robert Williams
Chuck Humel
Chronicle
Alfred E. Goldman
4.G. Edwards & Sons of
St. Louis
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