Durable goods orders fall sharply in September
U S factory orders for durable goods dropped 5.9 percent in September, the steepest decline in 10 months, signaling ongoing weakness in the economy. The report shows broad weakness across sectors from autos to communications gear, with July to September declines highlighting recession pressures ahead of the election.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Iraq
Bush
Federal Reserve
Fed
Dercesit
Wits Witis
Investors Send Stocks Higher After Rally Continues
New York Friday saw major indexes rise for the third straight week as investors grew upbeat despite mixed data. The Dow gained 126.65 to 8443.99, Nasdaq up 32.42 to 1231.13, and S&P 500 up 15.15 to 897.65, with new home sales up 0.4 percent to 1.021 million, suggesting economists see a strong 2002 for housing.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Arthur Hogan
Jefferies & Co
Standard & Poor
S&p
Paul Wellstone
Senate
Hogan
Commerce Department
Dollar Ends Mixed in Quiet European Trading
The dollar barely moves against the euro as liquidity remains thin in New York. Durable goods orders fall 5.9 percent last month, the steepest drop in 10 months, while U Mich sentiment for October sinks to 30.6 from 86.1.
MENTIONED IN THIS ARTICLE
New York
Thomas Molloy
Bank Leumi
Bryan Piskorowski
Prudential Securities
Iraq
Former FBI CIA chief to run SEC oversight board
The SEC voted 2-2 to name former FBI and CIA head William Webster to lead a new independent oversight panel for the accounting industry amid a wave of scandals. Supporters backed Webster while critics argued the choice favored the accounting lobby and risked politicization of regulatory action.
MENTIONED IN THIS ARTICLE
FBI
CIA
Washington
Securities and Exchange Commission
William Webster
Pew
Webster
SEC
Roel Campos
Campos
Harvey Goldschmid
Pension Fund
John Hbiggs
Harvey Pitt
Biggs
Pitt
Goldschmid
Tiaa-Cref
Daniel Goelzer
Kayla Gillan
California State Pension Fund
Willis
Gradison Jr
Ohio
Charles Niemeier
America
Enron Corp
Enron
Arthur Andersen LLP
Bush
Wall Street
International Truck and Engine, UAW reach tentative five year contract
International Truck and Engine Corp and the United Auto Workers reached a tentative five year contract, as Springfield body plant faces closure affecting 375 workers. About 2,300 locals have been without a contract since Tuesday with the Springfield line idle through next week. The company aims to shift Springfield to medium trucks, with the 900 worker assembly line paused amid talks.
MENTIONED IN THIS ARTICLE
Springfield, Ohio
International Truck and Engine Corp
United Auto Workers
International
Springfield
Ohio
Kyle Rose
UAW
Louisville
Melrose Park
Indianapolis
Atlanta
Dallas
Baltimore
Fort Wayne
Ind
Charlie Bush
Navistar
Rose
Delphi may lay off 560 at two Moraine plants
Delphi Automotive Systems Inc said it may lay off as many as 560 workers in January at its two Moraine compressor plants to trim costs. About 1,500 hourly workers are affected as the company seeks to reform its cost structure. Local 801 leaders urge the company to preserve the workforce.
MENTIONED IN THIS ARTICLE
Moraine, Ohio
Delphi Automotive Systems Inc
Delphi
Williams
Ron Gilvin
International Union of Electronic Workers- Communication Workers of America
Hoarty
Also Mentioned on This Page
Congress
House
Richard Gephardt
D-Mo
National Association of Realtors
Bile
Wic
Midway Bivd
Elyria
Wal-Mart & Pier
Dayton-area
Lindsey Williams
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!