The U.S. budget deficit for 1986 soared to a record $220 billion, easily topping last year's $212-billion shortfall, but was a full $10 billion short of what the Reagan Administration had projected, Budget Director James C.
The dollar edged lower against major European currencies early today as investors pondered the prospect of further central bank intervention.
intervention by the United States to lower the high international value of the dollar.
The Sylmar-based company, which makes equipment for the aerospace and electronics industries, said its profits would be about half of the 1984 level of $4.5 million, or $1.27 per share.
Eastman Kodak said its profit fell 28% in the second fiscal quarter, mainly because of the strong dollar and depressed selling prices for chemicals.
San Diego Gas & Electric officials predicted Thursday that the availability of lower-priced energy
No matter the circumstances, the Clippers feel there is no way they should be blown out when the opponent is the Seattle SuperSonics, a team that resembles the Clippers both in record and quality of personnel.
The American Medical Assn. urged states today to adopt lower blood-alcohol limits for drunk drivers
The dollar edged lower in thin but volatile trading Wednesday, pushed down by profit-taking and technical factors.
Stock prices edged lower Tuesday in a market quieted by combat between the United States and Libya
The stock market drifted down in dull trading Monday amid uncertainty over tax reform and the direction that interest rates and the dollar will take.
The scene is a downtown sidewalk. It is noon, and the streets are bustling with liberated workers.
Rohr Industries, citing anticipated lower profit margins from new programs and startup costs
Morehouse Industries Inc., a Fullerton-based manufacturer of equipment for chemical processing companies, reported a net loss of $57,800 for the third quarter ended May 31, an increase from last year's loss of $30,400.
Seahawk Oil International Inc. reported a second-quarter net loss of $242,000, contrasted with net income of $43,828 for the same period a year earlier.
A bipartisan group of congressmen launched a drive Thursday to strip Yugoslavia of favorable trade status unless the Belgrade government frees from jail three Yugoslav-born American citizens, including two Californians, accused of political offenses.
that the Federal Reserve will encourage lower interest rates.
The stock market closed out a quiet, drifting session Monday with some spotty losses.
Bids for the final stage of construction at Beverly Hills' expanded Civic Center have come in at least $10 million below previous estimates, city officials said this week.
Pacific Gas & Electric attributed slightly lower second-quarter earnings to the establishment of a