Economic upturn helps Clinton with economy focus
President Clinton owes his election to his pledge to focus on the economy but the improving economy now helps him amid foreign policy crises. Analysts note growth returning, low inflation and declining rates, with construction and business investment rising. Some wonder how much credit he deserves as critics caution about past forecasts.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Little Rock
Ark
Russia
Bosnia
Somalia
Haiti
Uker
NAFTA
U.S
George Bush
Laura Tyson
White House
Construction surge lifts housing starts to new high
Washington AP reports that September housing starts rose to the highest level in over 314 years due to a surge in multifamily units. Apartment construction jumped 52 percent, with buildings of five or more units up 40 percent, signaling an improving economy, said President Clinton.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Clinton
New York
Time Warner Inc
NYSE
Abyan
ASV
Ie Raek
Yale
Lala BankAm
Searas
Wa Senligh
Texaco
CoomrTh
INA
Software firms settle lawsuit over best selling claims
In New York AP reports two software giants WordPerfect and Microsoft settled a federal lawsuit about claims of the best selling and most popular word processor. The firms will issue a formal announcement Wednesday after serving responses.
MENTIONED IN THIS ARTICLE
New York
WordPerfect Corp
Mcicrosoft Corp
Strike paralyzes Paris airports
Air France canceled about 500 flights as workers pressed a costly strike over plans to cut jobs and wages. At Charles de Gaulle only a few flights remained. Orly halted operations midmorning as strikers blocked runways. Russian Foreign Minister Andrei Kozyrev was diverted to Le Bourget. Air France faces a 50 million francs daily loss as Attali vows to push through 4,000 job cuts amid broader protests against state consolidation.
MENTIONED IN THIS ARTICLE
Paris
Ics
Orly
Air France
Charles de Gaulle
Ing
Andrei Kozyrev
le Bourget
Ford talks to resume Thursday at Lorain plant
United Auto Workers Local 425 and Ford management plan to return to the bargaining table Thursday afternoon at the Lorain Assembly Plant. The 3,700 hourly workers are seeking guarantees against outsourcing, which Ford has refused in writing.
MENTIONED IN THIS ARTICLE
Lorain
United Auto Workers
Ford
Bull Allen
National Liquidators founder accused of funneling funds
An attorney for two investors says founder Vance Wolfe funneled missing money from National Liquidators into other ventures. Wolfe resigned as president and transferred his shares to a trust as creditors seek Chapter 11 protection for the 14-store central Ohio retailer and its associated racket-design business.
MENTIONED IN THIS ARTICLE
Ents
U.S
Vance Wolfe
Chicago
National Liquidators
Peggy Maxson
Wolfe
Wayne
Ohio
Also Mentioned on This Page
Bush
Herbert Stein
American Enterprise Institute
Council of Economic Advisers
Nixon
Stein
Pfizer Inc
Upjohn Co
Pfizer
Upjohn
Citicorp
Chemical Banking Corp
Wells Fargo & Co
Banc One Corp
Eae
American Airlines
British Airlines
Allen
UAW International
Detroit
Midwest
Mutual
Mit
Templeton
Growth
Comex
Templeton-World
Vanguard
Wellington
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