Industrial productivity on rise in August 1983
The Federal Reserve reports a small rise in overall industrial activity in August after a revised July 0.7 percent gain, led by durable goods like autos. Auto production dropped 2.6 percent due to outages and model-changeover issues, while utilities rose 1.9 percent and mines up 0.2 percent. Wall Street closed lower as the Dow fell 22.74 points to 9,442.31.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Daniel Meckstroth
Manufacturers Alliance
MAPI
Wall Street
Dow Jones
WTO Cancun talks collapse signals clash over aid and farm reform
In Cancún Mexico WTO leaders confront deep rifts as talks collapse over agriculture and new topics. Developing nations demand fairer deals while rich countries push for broader trade rules. U S officials warn of stalled world growth and pursue bilateral options, with Brazil backing developing countries.
MENTIONED IN THIS ARTICLE
Cancun
Mexico
World Trade Organization
Luis Ernesto Derbez
Convention Center
Rafidah Aziz
Malaysia
Asia
Kansas
Africa
United States
WTO
U.S
Robert Zoellick
China
Uruguay
Sri Lanka
Panama
Canada
Chile
Brazil
Europe
Americas
Miami
Oxfam
Sam Barratt
Argentina
Ecuador
Egypt
South Africa
The
Bon-Ton makes higher bid for Elder-Beerman Stores
Dayton AP reports Bon-Ton Stores Inc raises bid to 92.8 million dollars or 8 a share for Elder-Beerman Stores Corp surpassing Wright Holdings 90.5 million dollar bid at 7.80 a share. Bon-Ton says Elder-Beerman would become a subsidiary under its offer.
MENTIONED IN THIS ARTICLE
Dayton
Bon-Ton Stores Inc
Elder-Beerman Stores Corp
Wright Holdings Inc
York
Bon-Ton
Elder-Beerman
Wright Holdings
Goldner Hawn Johnson & Morrison
Market slips as economic reports disappoint investors
New York stocks closed modestly lower on Monday as industrial production and business inventories failed to bolster optimism for a quick rebound. The Dow fell 22.74 points to 9,448.81, while the Nasdaq slid 9.33 to 1,845.70 and the S&P 500 shed 3.82 to 1,014.61 amid mixed data and cautious outlooks from traders.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Robert Streed
Northern Trust Select Equity Fund
Chicago
Standard & Poor
Steve Kolano
Boston Company Asset Management
Sweden Rejects Euro in Defiant No Vote
Sweden’s rejection of the euro dents the shared currency’s prestige as larger economies face spending rules breaches. The no vote signals caution for Eastern European EU entrants and prompts varied reactions from British Conservatives to Labour ministers.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Sweden
Europe
France
Britain
Denmark
European Union
Monetary Union
Michael Howard
Conservative
Keith Vaz
Labor Party
Also Mentioned on This Page
Commerce Department
Department
Buckeye Bank
Sheffield Center
Lorain
Elder Beerman
Sears
Structure
Limited Hoffman Estates
Sears, Roebuck and Co
Limited Brands Inc
Limited Brands
Columbus
Ohio
Covington
P&g
Cincinnati
Procter & Gamble Co
Millstone
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