Word: winston-salem
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...have started such programs in the past two years: Polaroid, Deere and Xerox. A recent addition to the list is R.J. Reynolds, the largest U.S. tobacco company. In January, Reynolds offered pension benefits and a bonus of a year's salary to workers in its headquarters town of Winston-Salem, N.C., who by next year will be 55 or older and will have worked at least ten years for the company. Reynolds is concerned that its sales may drop because Congress doubled the federal excise tax on cigarettes to 16?, effective last month...
...little new money. Instead, it could attract much of the $340 billion in existing checking accounts that pay interest of 5¼% or less. To discourage customers from switching to the Super NOW, many banks are slapping stiff fees on the new account. The Wachovia Bank & Trust Co. in Winston-Salem, N.C., offers 7¼% interest on the Super NOW, but also levies a $2-per-month service charge and a 200-per-check fee. Admits John Ramsey, the bank's retail marketing manager: "Customers will probably have to keep more than $5,000 [in the Super...
...most popular, and competitive, routes. With industry losses worldwide projected at some $2 billion, 1982 has been one of the worst in airline history. Yet not all airlines are finding the skies unfriendly, and not all flights are cheap. Piedmont Airlines, a rapidly growing regional carrier based in Winston-Salem, N.C., has no trouble filling seats on the 317-mile flight from Myrtle Beach, S.C., to Atlanta, for instance, even William Howard though the lowest round-trip fare is $148. One reason: no other airline connects those two cities. While its debt-ridden, giant competitors are struggling to balance their...
Many people, of course, cannot think of putting money into an IRA simply because they are already having problems making their paychecks stretch to meet monthly bills. Young families have not been investing heavily in IRAs. Wachovia Bank & Trust Co. in Winston-Salem, N.C., reports that 70% of its customers for new IRA accounts are more than 45 years old. Says Terry Gray, 33, a father of two who works as a security guard in Jackson, Miss.: "Inflation really keeps us from saving. We're not making enough to save...
Concern over the operation stems primarily from two experiments with different species of monkeys performed by Nancy Alexander, a physiologist at the Oregon Regional Primate Research Center in Beaverton, and Veterinary Pathologist Thomas Clarkson of the Bowman Gray School of Medicine in Winston-Salem...