Business
Rent is due. Investors skeerce. Bankers at the door growlin’ fierce. Oil wells gone dry.
June 1, 1986
Manville Corp. said Monday that it had reached a $112-million settlement with three more insurance companies over liability claims related to Manville’s production of asbestos.
Feb. 5, 1985
Dominion Resources Inc. of Richmond, Va., said it will acquire British utility East Midlands Electricity for $2.1 billion, extending a string of big acquisitions of British power companies by U.S. counterparts.
Nov. 14, 1996
Dow Chemical Co., the second-biggest U.S. chemical company, said it will lease 37,500 personal computers from IBM Corp. in a three-year contract valued at more than $90 million.
Dec. 26, 1998
Marine Midland Banks reported a 1.9% increase in 1985 fourth-quarter net earnings, compared to the same period of 1984.
Jan. 16, 1986
World & Nation
Rapidly rising water has overwhelmed dams and forced the evacuation of about 10,000 people in central Michigan.
May 20, 2020
Marine Midland Banks Inc.’
July 17, 1987
California
The order was issued in Los Angeles Superior Court after the California Department of Insurance determined that the company is $34 million short of the surplus necessary to cover liabilities of $116 million.
April 16, 1986
Great Britain’s Midland Bank said Tuesday that it has agreed to be bought by the parent company of Hongkong and Shanghai Banking Corp., creating Britain’s largest bank and the 10th biggest in the world.
March 18, 1992
Politics
Profile: Close confidant of president-elect will be asked to maintain tight connection to business community in his role as Commerce secretary.
Dec. 21, 2000