16 septembrie 1992 era un miercuri sub semnul stelut al lui ♍. Era ziua 259 din an. Președintele Statelor Unite a fost George Bush.
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Date: 17 September 1992
By Bloomberg News
Bloomberg News
JWP Inc. said today that it had appointed Larry C. Brookshire as president and chief executive of its Mechanical/Electrical Services Inc. subsidiary. The appointment comes at time when JWP is looking to streamline operations after an acquisitions binge in the electrical and mechanical industry left it saddled with debt and quarterly losses.
Date: 17 September 1992
By Bloomberg News
Bloomberg News
The board of International Flavors and Fragrances Inc. has authorized the buyback of up to 2.5 million common shares, or 6.5 percent of the company's common stock. The company said the repurchased shares would be used for employee benefit plans and other general purposes.
Date: 16 September 1992
By Bloomberg News
Bloomberg News
A Boston-based mutual fund has sued the Westinghouse Credit Corporation to recover about $61.2 million it paid for stock in the closely held bankrupt discount drugstore chain Phar-Mor Inc. The Massachusetts Financial Services Company, a mutual fund with $29.2 billion in assets, filed suit in Federal court in Boston to recover payments for 2.1 million Phar-Mor shares purchased in March from Westinghouse Credit. The suit seeks the return of the $61.2 million that nine Massachusetts Financial funds paid for the stock, plus $5 million for expenses and interest.
Date: 17 September 1992
By Bloomberg News
Bloomberg News
Members of the Communication Workers of America approved by a 78 percent margin a three-year contract covering operating units of the Ameritech Corporation, which is based in Chicago and owns five Bell telephone companies in the Midwest.
Date: 17 September 1992
By Bloomberg News
Bloomberg News
Lands' End Inc. plans to buy back an additional million shares of its common stock under authorization granted by its board. The catalogue clothing retailer said it had almost finished a previously authorized repurchase of 2.1 million shares. It reported 18,015,154 shares outstanding as of yesterday.
Date: 17 September 1992
By Bloomberg News
Bloomberg News
R. J. Reynolds Tobacco International and the Ukrainian Government yesterday announced a joint venture that takes aim at the cigarette market in the former Soviet republic.
Date: 16 September 1992
By Bloomberg News
Bloomberg News
The Hewlett-Packard Company, Palo Alto, Calif., a manufacturer of computers and test and measurement products, will attempt to reverse its disappointing third-quarter performance with a new four-point cost-cutting program. The plan, approved by top executives last month and disclosed in a Securities and Exchange Commission filing, instructs divisional managers to cut costs by these steps: closing plants at Christmas for about a week, using fewer temporary workers, requiring workers to take a day off without pay every two weeks, or moving workers from slow-growing to fast-growing businesses.
Date: 17 September 1992
By Bloomberg News
Bloomberg News
J. C. Penney Co., one of the country's leading retailers, said yesterday that it would expand its assortment of private-label merchandise and lower prices on several items some time next year. William Howell, chairman and chief executive, said, "I think the returns will be good, very good, in 1993." He said Dallaas-based Penney wants to work with more manufacturers that will make merchandise for its private-label program.
Date: 16 September 1992
By Bloomberg News
Bloomberg News
Hess Department Stores Inc. agreed yesterday to sell three stores to Dillard Department Stores and eight to Proffitt's Inc. in an effort to stem losses. Hess, a unit of the closely held Crown American Corporation in Johnstown, Pa., is selling nine stores in eastern Tennessee, one in Bristol, Va., and one in Asheville, N.C. Dillard said it expects to close its deal in November, while Proffitt's, a family-owned chain, expects to complete its transaction within 60 days. After the sales, Hess will have 62 stores concentrated in the Northeast. A spokesman said the Allentown, Pa., company has no plans to sell any more stores right now.
Date: 17 September 1992
International A3-15 A BLOW TO EUROPEAN UNITY Britain hurt hopes for a common European currency when it withdrew from the European monetary system after its efforts to arrest the pound's plunge failed. A1 BEHIND MONETARY TURMOIL The causes of Europe's monetary turmoil lie in the basic economics of international finance and the even more basic conflicts between domestic and regional politics. A1 News analysis: The crisis behind the monetary chaos. A1 A shaky political future for Prime Minister Major of Britain. D9 ISRAEL AND SYRIA MOVE AHEAD Negotiators said they had agreed on several points in what they hope will be a joint document laying out principles for a peace settlement between the longtime enemies. A7 A BIGGER AFRICAN CRISIS Attention is focused on Somalia, but officials say an even bigger crisis is building across sub-Saharan Africa, which has been plagued by drought and civil war. A14 KILLING IN THE NAME OF GOD News analysis: As the war in the Balkans rages on, it has increasingly become a religious conflict marked by brutal extremism and hatred among Eastern Orthodox Serbs, Catholic Croats and Muslims. A14 American officials will join efforts for peace in the Balkans. A15 BRUSHING OFF NORTH KOREA The isolated Pyongyang Government made a quiet bid to the United States for better ties, but was rebuffed, officials said.A10 SUITS, NOT UNIFORMS, IN BANGKOK United in their call for an end to six decades of political meddling by the Thai military, a coalition of political parties appeared to be on the verge of forming an elected, civilian-controlled Government. A6 ECHO OF GUNFIRE IN INDONESIA Ten months after scores of protesters were gunned down in the province of East Timor, the Indonesian Government is haunted by the aftermath as it tries to assert itself as a leader of the developing world. A8 THE CRADLE IS ROCKED In Ayacucho, Peru, where the Shining Path revolt was born, the news of the arrest of the movement's leader has produced shock. A3 ESCOBAR'S LATEST VICTIM President Gaviria of Colombia is staggering from the political fallout of the drug boss's escape. A11 HITTING U.S. ON IRAQ POLICY The defense lawyer in a huge bank fraud case involving Iraq presented information he said proves the Bush Administration failed to pursue the matter. A8 Amman Journal: Cultural life in Jordan gets a boost from war. A4 National A16-23, B9-10 CLOSE RACE IN FLORIDA After voting Republican in almost every Presidential race in the last 40 years, Florida has become a major political battleground in the race between President Bush and Gov. Bill Clinton, new polls show. A1 FIRST DEBATE CANCELED The Commission on Presidential Debates canceled the first televised debate after President Bush refused to accept the commission's proposal that he and Gov. Clinton be questioned by a single moderator. A1 'JUST A MOM IN TENNIS SHOES' Patty Murray, running for the United States Senate as a working mother with suburban concerns, outpolled all her rivals in an open primary on Tuesday in Washington State. A16 The reaction to Marion Barry's victory in a Washington primary. A16 LIMITS OF ANTI-INCUMBENT FERVOR Though anti-incumbent attitudes are running higher than a decade ago, only two Representatives lost bids for renomination in primaries on Tuesday: Representatives Chester G. Atkins of Massachusetts and Stephen J. Solarz of Brooklyn. A16 COMPLICATIONS OF ADVERTISING Though there is no campaign tactic more public than advertising, no information is more closely guarded than what the candidates plan to put on television, and where. A21 POLITICS AND THE ECONOMY President Bush offered a $500 million tax credit to companies that provide family emergency leaves and Gov. Clinton outlined a $1.5 billion program to revive the inner cities. A21 INQUIRY ON RAIL PROJECT The Federal Bureau of Investigation and the General Accounting Office have reportedly opened inquiries into the Los Angeles agency that is building that city's vast new subway and rail system. A22 Congress is revising spending plans for the "Star Wars" program. A23 POLLUTION AT YOSEMITE Soil and water under Yosemite National Park are polluted with toxic chemicals that have long leaked from underground fuel tanks. B9 NEW LEADS ON A FORMER NAZI A former lawyer with the Justice Department's Nazi-hunting unit has told the Central Intelligence Agency where he says it can find documents on a Ukrainian fascist leader whom it had reportedly recruited after World War II. B10 Hispanic dropout rates stayed high, but the rates for others fell. A19 Metro Digest B1 RACE FOR SENATE SEAT The general-election campaign for the Senate from New York began in earnest as the Democratic nominee, State Attorney General Robert Abrams, squared off for a bruising battle against the Republican incumbent, Alfonse M. D'Amato. A1 Business Digest D1 Home Section C1-13 At home in the garden with Len Marino.C1 When the second child is a third generation. C1 Obsession is their medium. C2 Garden Q.& A. C5 Rocking chairs to complement the atomic fireplace perfectly. C10 Parent & Child C12 Arts/Entertainment C14-24 Chess: Fischer wins third game in a row. C15 The making of a Matisse show. C17 Music: En Vogue at Radio City. C17 Dance: Spanish celebration. C17 Word and Image: A new novel by Ken Kesey. C21 Sports B13-19 Baseball: Expos gain ground on Pirates. B13 Bonilla promises to come out swinging. B15 Yankees fall to White Sox. B15 Column: Anderson on Ray Handley. B13 Football: Burden likely to fall on O'Brien. B13 Obituaries D24-25 Paul Martin, Canadian diplomat. D24 Millicent H. Fenwick, former Congresswoman of New Jersey. D25 Russell D. Niles, a former chancellor of New York University. D25 Norman Newton, landscape architect. D25 Editorials/Op-Ed A24-25 Editorials The sleaze factor, and beyond. Presidential debates, diminished. Shortchanging children. Topics: Millicent Fenwick. Letters William Safire: After the storm. Leslie H. Gelb: Sell now, pay later. Richard J. Whalen: Blame Kohl for the currency crisis. Andrew Cherlin: Too young for day care.