UAW reviews GM inventories as strike deadline nears
UAW staffers inspect GM plant inventories nationwide amid sharp bargaining rifts over job security. If no agreement by Friday midnight, selective plant walkouts loom as talks continue on layoffs, holidays, and cost sharing.
MENTIONED IN THIS ARTICLE
General Motors Corp
UAW
GM Technical
Warren
Mich
Deficit widens but remains modest in US foreign trade
In the April-June quarter the broad trade deficit rose to 21.84 billion dollars, still the second-best in six years. Economists forecast a sharp rise ahead as the Persian Gulf crisis increases oil costs and curbs overseas earnings. Eastern Airlines unveils a new business traveler strategy during a 100 Days campaign closing Wednesday, including larger first-class cabins and a corporate rate. NYSE advances 24-hour trading plans with two after-hours crossing sessions and new post-opening rules.
MENTIONED IN THIS ARTICLE
Washington
America
Miami
Eastern Airlines
Martin Shugrue
Eastern
Shugrue
Wall St
NYSE
Wage Gap Between Big Three Revealed in Report
The analysis shows hourly base wages for assemblers at the three automakers average around 14.00 dollars, with total compensation including benefits climbing to about 30.00 dollars per hour. Benefits include health care, pensions, and related costs.
MENTIONED IN THIS ARTICLE
UAW
J.J. Case
Agricultural Implements Company
Racine
Wis
Auditors warn FDIC risk threatens bank bailout need
The GAO report warns the FDIC reserve could be wiped out by bank failures if a recession hits. With 129 failures in 1990, projected losses could total 4.4 to 6.6 billion dollars, and a taxpayer bailout may be required to sustain insured deposits.
MENTIONED IN THIS ARTICLE
Washington
Congressional
Charles Bowsher
FDIC
William Seidman
Bowsher
GAO
Texas
Metal Prices Move on New York and Merc Markets
Closing Comex prices show gold at 380 500 per troy ounce and silver at 4 77 per troy ounce. Merc prices list platinum at 45070 per troy ounce and palladium at 103 50 per ounce. Spot nonferrous metals report aluminum 81 cents, copper 37 34 80 cents per pound, lead 50 52 cents, zinc 77 79 cents, tin 3 7506 per pound, and mercury 260 265 per pound.
MENTIONED IN THIS ARTICLE
New York
Comex
Lorain County Farmers Market Closing Grain Prices
Lorain County Farm Bureau Cooperative Association reports yesterday's closing grain prices: Wheat at 2.36 per bushel, Shelled corn at 2.48, oats at 1.25, soybeans at 6.03 per bushel. Prices reflect local trading activity and market conditions.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperate Assecation, Inc
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Stephen Yokich
Pontiac
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Framingham
Mass
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U.S
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Calif
Lordstown
Ohio
Cole
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Tia Mabil
Monsan S
Ve Matoria
Norsks
Oy Schimb
Sears
Tascoroi
Tayrus
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Tate Warnks
Pierre R. Smith Co
Acme Cleve
B1mee Corporation
AmerShip Building
CPC Inter. Inc
Emerson
First Bancorp
Hills Dept
Invacare
LCB
Bancorp Seas Lesco Inc, Nordson
Tose Blue Cross & Blue Shield
Clue Plans
Detai
COSE
D.dr
Greater Cleveland Growth Association
THE
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Whst Mutual NL
Dreyfus
Templeton
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Lorain