November 29, 1990 |
Two former chairmen of the Joint Chiefs of Staff criticized President Bush's decision to deploy more troops to the Persian Gulf and told a congressional hearing Wednesday that the United States should not take military action against Iraq until economic sanctions have been given more time to work.
December 28, 1985 |
A Christmas Day fire destroyed about 8,000 78 rpm records dating to 1940, their owner said Friday. David C. Jones, 72, a former radio station owner, said he had been planning to move to another location. "It made me lose my faith in Santa Claus," he said. The cause of the fire was under investigation.
August 12, 1992 |
McDonnell to Make Changes in Salaried Savings Plan: McDonnell Douglas Corp. said it will convert the matching contribution portion of its salaried savings plan to a leveraged Employee Stock Ownership Plan. The leveraged ESOP will permit McDonnell Douglas to fund its matching contributions in advance, the company said. The ESOP will borrow up to $50 million to acquire McDonnell Douglas common stock in the open market. Analyst David C. Jones of Pauli & Co.
July 27, 1989 |
Just a week after it dismissed Chief Executive H. David Bright, National Education Corp. has announced that former President Jerome W. Cwiertnia is returning to his old job and assuming the position of chief operating officer. NEC Chairman David C. Jones named Cwiertnia, 48, acting president and chief operating officer and indicated the appointments will become permanent at the company's next board meeting. National Education in Irvine is the nation's largest vocational training company.
December 12, 1990 |
Drug prices are being driven up by pharmaceutical companies that spend millions of dollars promoting their products to physicians with everything from lavish gifts to frequent-flier miles, witnesses told a Senate committee Tuesday. "Drug companies have institutionalized deception," David C. Jones, a former public relations official for Ciba-Geigy Corp. and Abbott Laboratories, told the Senate Labor and Human Resources Committee.
April 21, 1990 |
National Educational Corp. on Friday reported a net loss of $8.4 million because of costs related to the continuing reorganization of its troubled Applied Learning International subsidiary. The loss on revenue of $85.4 million for the three months ended March 31 compares with net earnings of $7 million on revenue of $99.5 million in 1989. The company, which provides vocational education and training services, also announced that J.W.