Word: coal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Munsingwear Inc. of Minneapolis increased its production of men's long underwear this year by 50%-and still has orders for more warm snugglies than it can make. Big-city grocery stores are selling boxes of coal for the first time in years. Flannel sheets are in demand as Christmas gifts. The ten Lazarus Department Stores in Ohio and Indiana are selling electric blankets at a fast pace. Says Lazarus Vice President Leonard Daloia: "Folks haven't forgotten last year...
...House went along with the scheme, with slight modifications but the Senate rejected it. Instead, it proposed a $47 billion package to general revenue grants and subsidies to help industry convert from oil heating to coal, and to aid energy companies in developing unconventional sources like shale oil. The wellhead-tax dispute is the most difficult issue the conference committee faces. Supporters of the tax argue that without it, the oil companies would be handed a bonanza of unearned profits because they would get much more for oil that had already been discovered and was already profitable to sell...
...incentives for coal use to force industries to change from oil and natural gas heating to coal, Carter proposed steep taxes for companies that do not change over. To help companies make the change, he proposed a 10% tax credit for the purchase of new equipment. The House wrote in a number of exemptions to the tax while at the same time adopting the credits. The Senate added so many more exemptions that much of industry would be excluded. At the same time, it increased the changeover credits to 25%. The conference committee decided on a middle course, leaving...
...book value. Many of Kennecott's nearly 72,000 stockholders were sclerotic over the deal. Some had hoped that the company would eventually distribute to them in the form of a special dividend the $1.2 billion in cash and securities that it got from the sale of Peabody Coal last June; others had hoped that the cash-rich but troubled copper company, which lost $22 million in the last quarter, would itself become the target of a takeover attempt involving a generous tender offer...
...week, the walkout by longshoremen at container ports from Maine to Texas has so far sent no more than a ripple through the U.S. economy. It has been a strike of a thousand pinpricks-an annoying shortage here, a raised price there. Unlike stoppages in major industries such as coal and steel, which threaten the nation's ability to produce, the dock strike has only slowed or stopped deliveries of hundreds of less-than-vital imported items-Danish hams, French wines, foreign cars and Mickey Mouse Tricky Trikes...