BIZWATCH : MARKETS.MARKET LOGIC: The Dow Jones industrial average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. ended the day with a gain of 1.16 at 6,304.87. For the week, Wall Street's best-known indicator was down 77.07 points. MEMO TOP-NOTCH AWARDS: Thirteen companies received the Industrial User Compliance award from the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Department of Public Works public works pl.n. Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public. Noun 1. for their consistent compliance to state, federal and local waste water pretreatment pretreatment, n the protocols required before beginning therapy, usually of a diagnostic nature; before treatment. pretreatment estimate, n See predetermination. standards from 1993 to 1995. The only San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. winner was Photo Fabricators in Van Nuys. The other winners were, from Los Angeles, Atlas Carpet Mills, Cal-Doran Metallurgical Services, California Metal Processing Co., Chromal Plating Co., Fishking Processors, Ciba-Geigy Corp./Furane Products, Gebe Electronics, Palace Plating, Pentrate Metal Processing and Standard Nickel-Chromium Plating Co. Consolidated Film Industries and Veling Plating from Hollywood also won. TEAMSTERS Teamsters large, powerful union of U. S. truckers. [Am. Hist.: NCE, 2703] See : Labor RACE: Teamsters President Ron Carey's lead dipped slightly Friday as the first ballots from challenger James P. Hoffa's Midwestern strongholds were counted. Carey had 155,078 votes, or 52 percent, to Hoffa's 142,379 in their election contest. Votes had been counted from nearly 66 percent of the locals. Federal officials conducting the ballot count said the tally should be completed today. NEW LOOK FOR EURO-NOTE: European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community leaders removed a major obstacle to the introduction of a single European currency by agreeing on a plan to force member countries to control government spending Government spending or government expenditure consists of government purchases, which can be financed by seigniorage, taxes, or government borrowing. It is considered to be one of the major components of gross domestic product. . Ireland, which holds the rotating EU presidency, unveiled the design of seven euro-notes in denominations ranging from five to 500 euros. The euro is expected to be worth about $1. Each bill is a different color and features pictures of bridges, gateways and windows of various styles. STOCKING UP: Businesses built up inventories in October, apparently in hopes of a healthy holiday shopping season. Inventories grew 0.5 percent in October, the Commerce Department reported. The buildup matched an identical 0.5 percent advance in July, which had been the largest since a 0.6 percent jump in January. Sales, however, did not immediately keep up. The report showed they edged up just 0.2 percent in October. MISCELLANEOUS: Gov. Pete Wilson will lead a trade mission to Southeast Asia next month in hopes of opening new markets for California exports and increasing foreign investment. Wilson and four Cabinet members will visit Hong Kong, Taiwan, the Philippines, Indonesia, Thailand, China and Singapore from Jan. 11 to Jan. 13. . . . The Navy awarded a major contract for a new Sidewinder sidewinder, common name for a rattlesnake, Crotalus cerastes, found in the deserts of the SW United States. This 2-ft (60-cm), pale yellow and pink snake is named for its curious method of locomotion. AIM-9X missile to Hughes Missile Systems of Tucson, Ariz. The initial award was for $169 million, but the contract could be worth $421.7 million if all options of the contract are exercised. CAPTION(S): Photo, 2 Charts Photo: (color) no caption (100 euro bill) (1) DOW INDUSTRIALS (2) BIZ FACTS Travel money Passenger fare payments by foreign travelers to the U.S., 1995 Knight-Ridder Tribune Graphics Network |
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