text stringlengths 1 3.86k |
|---|
under the measure passed yesterday the minimum wage would rise to $ N next april |
the senate plans to take up the measure quickly and is expected to pass it |
there are no <unk> about this bill rep. pat williams d. <unk> said during house floor debate yesterday |
but because it 's all we 've got i 'm going to vote for it |
while the minimum wage had traditionally been pegged at half the average u.s. manufacturing wage the level of $ N an hour in N will still be less than N N of average factory pay mr. williams said |
but rep. <unk> <unk> r. n.j instead praised the house 's acceptance of a new youth training wage a <unk> that gop <unk> have sought for many years |
adopting a <unk> policy means getting beyond the nickel and <unk> of the minimum wage mrs. <unk> said |
policy makers regard the youth wage as helping to limit the loss of jobs from an increase in the minimum wage but they have lately touted it as necessary to help <unk> job skills to <unk> into the work force |
labor unions and democrats long fought the idea but recently <unk> to it in the face of bush administration insistence |
the compromise sets the training wage at $ N an hour next april and at $ N an hour or N N of the minimum wage in april N |
employers can pay the <unk> for N days without restriction to workers with less than six months of job experience and for another N days if the company uses a <unk> training program for the young workers |
the training wage covers only workers who are N to N years old |
the white house previously insisted on an <unk> six-month training wage that could be paid any time a worker of any age took a new job |
the u.s. chamber of commerce still opposed to any <unk> increase said the compromise plan to lift the wage floor N N in two stages between april N and april N will be impossible for many employers to accommodate and will result in the elimination of jobs for american workers and higher prices for american consumers |
zenith data systems corp. a subsidiary of zenith electronics corp. received a $ N million navy contract for software and services of <unk> over an <unk> period |
rockwell international corp. won a $ N million air force contract for <unk> <unk> replacement aircraft |
martin <unk> corp. was given a $ N million air force contract for <unk> navigation and targeting equipment |
federal data corp. got a $ N million air force contract for intelligence data handling |
for six years t. marshall hahn jr. has made corporate acquisitions in the george bush mode kind and <unk> |
the question now can he act more like <unk> teddy <unk> |
mr. hahn the <unk> chairman and chief executive officer of georgia-pacific corp. is leading the <unk> concern 's unsolicited $ N billion bid for great northern nekoosa corp |
nekoosa has given the offer a public cold shoulder a reaction mr. hahn has n't faced in his N earlier acquisitions all of which were negotiated behind the scenes |
so far mr. hahn is trying to <unk> nekoosa into negotiating a friendly surrender while talking tough |
we are prepared to pursue aggressively completion of this transaction he says |
but a takeover battle opens up the possibility of a bidding war with all that implies |
if a competitor enters the game for example mr. hahn could face the dilemma of paying a premium for nekoosa or seeing the company fall into the arms of a rival |
given that choice associates of mr. hahn and industry observers say the former university president who has developed a reputation for not <unk> for anything would <unk> |
there 's a price above which i 'm positive marshall has the <unk> not to pay says <unk> <unk> georgia-pacific 's executive vice president for pulp and paper |
says <unk> associate jerry <unk> vice president corporate development at <unk> industries inc. he is n't of the old school of winning at any cost |
he also is a consensus manager insiders say |
the decision to make the bid for nekoosa for example was made only after all six members of georgia-pacific 's management committee signed onto the deal even though mr. hahn knew he wanted to go after the company early on says mr. <unk> |
associates say mr. hahn picked up that careful approach to management as president of virginia <unk> institute |
assuming that post at the age of N he managed by consensus as is the rule in universities says warren h. <unk> a university official who is <unk> a book on mr. hahn |
but he also showed a willingness to take a strong stand |
in N mr. hahn called in state police to arrest student protesters who were <unk> a university building |
that impressed robert b. <unk> georgia-pacific 's chief executive at the time whom mr. hahn had met while <unk> for the institute |
in N mr. <unk> <unk> mr. hahn into joining the company as executive vice president in charge of chemicals the move <unk> many in georgia-pacific who did n't believe a university administrator could make the transition to the corporate world |
but mr. hahn rose swiftly through the ranks <unk> a raw intelligence that he says he knew he <unk> early on |
the son of a <unk> mr. hahn <unk> first grade because his reading ability was so far above his <unk> |
moving rapidly through school he <unk> <unk> beta <unk> from the university of kentucky at age N after spending only N N years in college |
he earned his <unk> in nuclear physics from the massachusetts institute of technology |
mr. hahn agrees that he has a <unk> memory but friends say that 's an <unk> |
they call it photographic |
mr. hahn also has engineered a surprising turnaround of georgia-pacific |
taking over as chief executive officer in N he inherited a company that was mired in debt and hurt by a <unk> slide in its <unk> business |
mr. hahn began selling <unk> businesses such as oil and gas and chemicals |
he even sold one unit that made <unk> <unk> covers |
at the same time he began building up the pulp and paper segment of the company while <unk> building products on home repair and remodeling rather than materials for new-home construction |
the idea was to buffet building products from cycles in new-home construction |
the formula has paid off so far |
georgia-pacific 's sales climbed to $ N billion last year compared with $ N billion in N when mr. hahn took the reins |
profit from continuing operations has soared to $ N million from $ N million |
mr. hahn attributes the gains to the philosophy of concentrating on what a company knows best |
the record of companies that have diversified is n't all that impressive he says |
nekoosa would n't be a diversification |
it would be a good match mr. hahn and many analysts say of two healthy companies with high-quality assets and strong cash flows |
the resulting company would be the largest forest-products concern in the world with combined sales of more than $ N billion |
but can mr. hahn carry it off |
in this instance industry observers say he is entering <unk> waters |
says <unk> <unk> an analyst at first manhattan co. this is the greatest acquisition challenge he has faced |
a house-senate conference approved major portions of a package for more than $ N million in economic aid for poland that relies heavily on $ N million in credit and loan guarantees in fiscal N in hopes of <unk> future trade and investment |
for the agency for international development <unk> approved $ N million in secondary loan guarantees under an expanded trade credit insurance program and total loan guarantees for the overseas private investment corp. are increased by $ N million over fiscal N as part of the same poland package |
the conference approved at least $ N million in direct cash and development assistance as well and though no decision was made both sides are committed to adding more than $ N million in economic support funds and environmental initiatives sought by the bush administration |
the agreement on poland contrasts with the major differences remaining over the underlying foreign aid bill which has already provoked veto threats by the white house and is sharply confined under this year 's budget |
these fiscal pressures are also a factor in shaping the poland package and while more ambitious <unk> legislation is still pending the appropriations bill in conference will be more decisive on u.s. aid to eastern europe |
to accommodate the additional cash assistance the house appropriations committee last week was required to <unk> an estimated $ N million from the pentagon |
and though the size of the loan guarantees approved yesterday is significant recent experience with a similar program in central america indicates that it could take several years before the new polish government can fully use the aid effectively |
the action on poland came as the conference separately approved $ N million for international population planning activities an N N increase over fiscal N |
the house and senate are divided over whether the united nations population fund will receive any portion of these appropriations but the size of the increase is itself significant |
in a second area of common concern the world environment an additional $ N million will be provided in development assistance to fund a series of initiatives related both to global warming and the plight of the african elephant |
the sweeping nature of the bill draws a variety of special interest amendments running from an import exemption for a california <unk> museum to a small but intriguing struggle among sugar producing nations over the fate of panama 's quota of exports to the profitable u.s. market |
panama was stripped of this right because of u.s. differences with the noriega regime but the central american country would have received a quota of N metric tons over a <unk> period ending sept. N N |
about a quarter of this share has already been <unk> according to the industry but the remaining N tons are still a lucrative target for growers because the current u.s. price of N cents a pound runs as much as a nickel a pound above the world rate |
the potential sales are nearly $ N million and house majority whip william gray d. pa began the bidding this year by proposing language that the quota be allocated to <unk> countries of the caribbean such as jamaica and <unk> |
rep. jerry lewis a conservative <unk> added a provision of his own intended to assist <unk> and the senate then <unk> the list further by including all countries in the u.s. caribbean basin <unk> as well as the philippines backed by the powerful hawaii democrat sen. daniel inouye |
jamaica wary of <unk> its caribbean basin allies has apparently instructed its lobbyist to abandon the provision initially drafted by mr. gray but the greater question is whether mr. inouye who has strong ties to the sugar industry is able to <unk> a claim by the philippines |
in separate floor action the house <unk> budget restrictions and gave quick approval to $ N billion in supplemental appropriations for law enforcement and anti-drug programs in fiscal N |
the funding is attached to an estimated $ N billion transportation bill that goes next to the senate and carries with it a proposed permanent smoking ban on virtually all u.s. domestic airline flights |
the leadership hopes to move the compromise measure promptly to the white house but in recent days the senate has been as likely to bounce bills back to the house |
the most recent example was a nearly $ N billion fiscal N bill funding the state justice and commerce departments |
and after losing a battle tuesday night with the senate foreign relations committee <unk> from both houses are expected to be forced back to conference |
beauty takes <unk> to safety on bridges |
everyone agrees that most of the nation 's old bridges need to be repaired or replaced |
but there 's disagreement over how to do it |
highway officials insist the <unk> <unk> on older bridges are n't strong enough to prevent vehicles from <unk> through |
but other people do n't want to lose the bridges ' beautiful sometimes historic features |
the primary purpose of a <unk> is to contain a vehicle and not to provide a <unk> view says jack white a planner with the indiana highway department |
he and others prefer to install <unk> such as the type f safety shape a <unk> concrete <unk> with no <unk> |
in richmond ind. the type f <unk> is being used to replace <unk> <unk> on the <unk> street bridge |
<unk> boone who teaches art at <unk> college calls the new structure just an <unk> bridge and one that blocks the view of a new park below |
in hartford conn. the charter oak bridge will soon be replaced the <unk> <unk> from its <unk> <unk> to a park |
<unk> are possible |
citizens in peninsula ohio upset over changes to a bridge negotiated a deal the bottom half of the <unk> will be type f while the top half will have the old bridge 's <unk> pattern |
similarly highway engineers agreed to keep the old <unk> on the key bridge in washington d.c. as long as they could install a crash barrier between the sidewalk and the road |
<unk> <unk> |
drink carrier competes with <unk> |
<unk> <unk> just got easier or so claims <unk> corp. the maker of the <unk> |
the chicago company 's beverage carrier meant to replace <unk> <unk> at <unk> stands and fast-food outlets resembles the plastic <unk> used on <unk> of beer only the <unk> hang from a <unk> of <unk> |
the new carrier can <unk> as many as four <unk> at once |
inventor <unk> marvin says his design virtually <unk> <unk> |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.