Reform effort unites Teamsters factions in Michigan
Two dissident groups, the Professional Drivers Council and Teamsters for a Democratic Union, plan to merge into a stronger reform entity. They aim to contest the 1981 Teamsters elections and expand influence to locals across North America, retaining the TDU name with PROD as a wing for over‑the‑road drivers. Pete Camarata seeks the international presidency, arguing the merger will limit Frank Fitzsimmons’s impact.
MENTIONED IN THIS ARTICLE
Detroit
Professional Drivers Council
PRDD
Teamsters For A Democratic Union
TDU
Ypsilanti
Mich
The
Teamsters
Pete Camarata
International Union
Frank Fitzsimmons
Fitz
Camarata
PROD
Paff
Washington
Energy board debate coming
Washington UPI reports this week shapes Carter energy plan as House and Senate take up key measures. Udall's bill would create an energy mobilization board to fast track permits using court orders, without overriding laws, while Dingell's version would empower the board to override environmental rules. Senate battles include an antitrust exemption for oil firms and Johnston's push to limit presidential import controls without congressional approval, amid heating oil concerns and a target of 8.2 million barrels per day imports.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carter
United States
House
Senate
Morris Udall
D-Ariz
Udall
John Dingell
D-Mich
Dingell
Sen
J. Bennett Johnston
Energy Committee
Johnston
Congress
Sohio 79 earnings may top 1.1 billion
Sohio executives expect 1979 earnings to surpass 1.1 billion, up from 1978’s 450.2 million, after posting 735.1 million in the third quarter. The Ohio oil company's assets rose to 8.8 billion, and Sohio owns 53 percent of known Alaska oil reserves after a major investment in the region.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Standard Oil Co
Ohio
Sohio
Alaska
Fed shifts stance as rates rise to restrain debt
The Federal Reserve Board seeks to curb borrowing by raising the discount rate from 11 to 12 percent and increasing reserve requirements. Banks quickly respond by lifting the prime rate a full percentage point, signaling tighter credit and a tougher lending environment.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
U.S
Fed
Federal Reserve
Federal Reserve Bank
Caterpillar Workers Strike Hits Five States
About 17,000 union workers across Illinois Iowa Colorado Ohio and Pennsylvania walked out at Caterpillar Tractor Co after breakdown in talks. Local 974 of UAW had already been on an unauthorized strike at Peoria since Oct 1, with 23 400 members joining the walkout. The union aims to pressure concessions as Deere negotiations unfold.
MENTIONED IN THIS ARTICLE
Peoria, Ill
UPI
Caterpillar Tractor Co
United Auto Workers
Caterpillar
Peoria
Illinois
Iowa
Colorado
Ohio
Pennsylvania
Austin
Crawford
UAW
John Deere Co
Wildcat
Deere
International Harvester Co
Prices Move Up Amid Antinuclear Protest at NYSE
Stocks rose today on the New York Stock Exchange as the Dow Jones average gained to 809.39 after the first half hour. More than 600 anti nuclear protesters were arrested outside the exchange on the 50th anniversary of Black Tuesday, when trading began at 10 a.m. Advancers led decliners 3 to 2 among NYSE issues.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
NYSE
Sunamerica
Guerrilla Kill Targets Ex-Salvadoran Official Amid Violence
Salvadoran guerrillas killed Lt. Jose A. Castillo, former chief of investigations, after he shot two attackers. The attack raised political killings to 40 since President Romero was toppled two weeks earlier. The Popular Liberation Forces claimed the act, tying it to disappearances and slayings.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
UPI
National Guard
Central America
Jose A. Castillo
Castillo
Carlos Romero
Popular Liberation Forces
Romero
Popular Revolutionary Bloc
Labor and Economy
Also Mentioned on This Page
National Teamsters
Wich
Reform Factions
Ken Paff
North America
Energy Board
John M. Juncker
North Ridgeville
Seite
Court and Breed Si
Elyria
John B. Simpson
Volkswagen
Volkswagen of America
Pittsburgh
Germany
Mid-Ohio Securities Corp
Broad St
National Association of Securities Dealer
Lovarn
Armco Jl
Rey Sno
Bell Howell
Rockwell
Bendry
Hubbermaul
Beth Stee
Sears
Boeing
Chrysler
Cova Cota
TRW Inc
Bie
Con Edison
VAL Inc
Consumwr
TS Steel Foo
Tba
Cook UN
Curtiss
Firestone
Ford
American Lachine & Foundry
Goodrich
Lear Siegler
Kellogg
Kennecott
ABA
Edison National Gypsum
Krals Loc
Kroger
Parker Hannaha
McLouth Stuel
Southern
Ca Mobil
sThn
Syhron
Monsanto
Uh Tappan
It Motorla
Toledo Edison
Nabwsco
Union Parie Corp
Natl
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Salvador
HOVEY
Kaiser Insurance
Coase i Newspapers
Sun
Aka
Sunamerica Financial Services
Northgate
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