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Tucson Citizen in Tucson, Arizona

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Citizen

Location

Tucson, Arizona, United States of America

Date

Nov 22, 1977

Page

6

Japan soft on trade crisis warning despite US pressure

U S trade negotiators say Japan shows little urgency over a looming trade crisis, urging bold imports expansion and tariff reforms. Fukuda government answers with politeness and few promises while US officials warn of rising protectionism if no concrete plans by year end.

Tokyo United States Japan U.S Richard Rivers Robert Strauss Carter Strauss Fukuda

Magnin chain sold to Hillman Co for 33 million

San Francisco AP reports Joseph Magnin, a 43 store women’s specialty chain, is sold for 33 million to The Hillman Co, a private holding group led by the Hillman family of Pittsburgh. Edward Gorman will become Magnin CEO, and Hillman plans 28 million payment by December 3 and a 5 million note to Amfac.

San Francisco Joseph Magnin Pittsburgh Henry L. Hillman Hillman Co Edward Gorman Magnin Gorman J.C. Penny Co New York Hillman

Eastern Airlines trims 335 management posts

Eastern Airlines announces a lean restructuring reducing 335 management positions to save 8.7 million. Frank Burman says cuts reflect a dynamic business, with many staff moved to lower salaries. Three vice presidents resigned, leaving 37 VPs and 80 directors. about 33,000 employees overall.

Eastern Airlines Miami Easter Airines Frank Burman Burman Eastern Jim Ashlock Borman

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