General Motors to Trim Models and Jobs by 2004
General Motors will cut up to 16 US models by 2004 as part of a broad cost cutting plan amid declining sales in the US and Europe. The move targets older, slow selling vehicles and includes consolidating engineering groups and expanding non automotive revenues.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
United States
Europe
Brian Akre
Wall Street Journal
Akre
Sion
North America
Mexico
Federal measures curb new low-power FM radio service
Washington AP The spending bill blocks most new low power FM stations, shielding full power broadcasters and buffering a few test markets. FCC Chairman Kennard laments lost chance for colleges churches and community groups to reach niche audiences with 10 to 100 watt stations within four to seven miles, while regulators assess economic impact and interference.
MENTIONED IN THIS ARTICLE
Washington
Congress
Clinton
Public Radio
Federal Communications Commission
FCC
William Kennard
Ing
Commission
Edward O. Fritts
National Association of Broadcasters
North Carolina Turfgrass Conference and Related Events
Calendar notes a January 8-11 North Carolina Turfgrass Conference in Charlotte with seminars at Wake Forest University and Lion Technology plus a Gaston College HR seminar. Additional events include an Astral direct marketing conference in Virginia Beach and Gaston Chamber annual meeting, plus a March crisis management seminar in Charlotte. Details: Registrations and contacts provided.
MENTIONED IN THIS ARTICLE
North Carolina
Charlotte Convention Center
Marsha Richardson
Wake Forest University
Babcock Graduate School of Management
Morrocroft Centre
Morrison Blvd
Charlotte
Lion Technology Inc
Sheraton
Gaston College
Harris Resources International
Myers Center
Hwy
Dallas
Farmers Direct Marketing Association
Mid-Atlantic
Virginia Beach
Gaston Chamber of Commerce
Gaston Country Club
McNaughton-McKay Electric Company
Adam's Mark
Greenspan urged tax cuts as economy cools and rate cuts loom
The economy slows faster than expected. Wells Fargo's Sung Won Sohn sees a January rate cut, while Aubrey Lanston's David Jones warns of up to four cuts next year. Greenspan may press Bush to favor quicker rate relief over broad tax cuts to counter a potential downturn.
MENTIONED IN THIS ARTICLE
Sung Won Sohn
Wells Fargo & Co
Minneapolis
David Jones
Aubrey G. Lanston & Co
New York
Fed
Bush White House
Greenspan
Bush
Bate
Congress
Jones
William Cheney
John Hancock
Boston
Ronald Reagan
Economists split over impact of broad layoffs across sectors
The article surveys layoffs across auto, retail, industrial goods, and financial services, noting unemployment near 4 percent while doubt remains about how many workers will actually lose jobs. Executives blame higher costs and rates, with Whirlpool cutting up to 6000 positions. Economists warn of a potential slow recession if the economy slows further.
MENTIONED IN THIS ARTICLE
Joel Naroff
Naroff Economic Advisors
Naroff
Sophia Koropeckyj
Economy.com
West Chester
Koropeckyj
David Hueter
National Association of Manufacturers
Also Mentioned on This Page
General Motors
U.S
Soi
Tower Air
Insurance & Financial Services
Sarvicw Mark Company
Allilatad
Imbus
Olumessai
Manumad
Seiment
Steve Addington
Bill Gary South Main
Mit
Etree Ene
Doug Helms
Union
Gastonia
Roger Shoemake
En Hope
Jo Rhetta
Union Rd
Scott Jenkins
Sunset Ave
Nih
Sung
Sohn Economist
Dave
Gillette
South Boston
Elaine Korisianos
Northeastern University
Ishwaran
E. Franklin
Eer
N. New Hope Ad
E. Dixon
Shelby
Independence
Nextel Communcations, Inc
Nextel
Nextel Direct Connect
Nextel Communications, Inc
Motorola
Herain Ars
U.S. Pat
Doug Sez
Es Gaston Tire Service
Gastonia N