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March 17, 1989 | From Reuters
Auto industry analysts are waiting for industry leader General Motors to "drop the other shoe" and announce an incentive program that will stimulate its sagging auto sales. "It's mystifying why they haven't come out with more incentives," said analyst Douglas Laughlin of Bear, Stearns & Co.. But the giant auto maker says it is satisfied, for now, with its current program combining rebates and low-rate financing on selected models and plans no revision soon. U.S.
August 11, 1989 | MASHA HAMILTON, Times Staff Writer
The Soviet government, in a daring and unprecedented effort to boost agricultural output and get food into the stores, announced Thursday that it will start paying farmers partly in foreign currency, presumably dollars. While providing financial incentive, the move also implicitly acknowledges the relative worthlessness of the ruble, which is not convertible on the world market and which generally buys too little in a nation crippled by persistent shortages.
October 12, 1990 | TOM PETRUNO
With Wall Street in a depressing plunge that shaved another 6% from the average stock price this week, it's not exactly the best time for small companies to go begging for capital. But 32 such hopefuls still showed up in Newport Beach on Wednesday and Thursday. The companies, mostly very young, private, Southland firms, made presentations to venture capitalists and other big investors at brokerage Cruttenden & Co.'s fifth annual conference on emerging growth companies.
Free trips are usually reserved for TV game show winners or airline customers with frequent-flier mileage. But congestion-weary Southland commuters may get free bus and train rides soon as part of a new bid to get solo drivers out of their cars. The Southern California Assn. of Governments (SCAG) on Thursday is scheduled to announce a new program in which participating employers will distribute vouchers for free travel to their workers.
August 27, 2009 | Jason Song and Howard Blume
The Los Angeles Unified School District has instituted a pay incentive program for high-level administrators, a move that is largely symbolic now but that some officials and board members hope will pave the way for more merit-based compensation in the future. "I don't believe everyone is the same and I do believe there are individual skills and they should be rewarded," said Supt. Ramon C. Cortines. "I would hope some of the bargaining units would pick this up on their own." Cortines informed the Board of Education of his plan in a closed-session meeting Tuesday.
January 11, 2009 | E. Scott Reckard
Three Columbia University professors recently tackled one of the thorniest problems of the housing debacle: how to increase modifications to soured home loans that have been bundled into mortgage bonds. Troubled mortgages that back securities in the private market, with customer-service outfits collecting payments, are far likelier to go into foreclosure than those in which the lender keeps the loan, the professors say. They propose creating financial incentives for loan servicers to modify loans to make them affordable, along with some changes in laws to remove impediments.
The City Council on Tuesday passed an amendment allowing the city to offer a density bonus and other incentives to developers who designate a portion of their projects for low-income or elderly buyers or renters. Density bonuses would allow developers to build 25% more homes per acre than allowed under the city's zoning ordinances. Current zoning regulations permit eight to 25 units per acre.
August 16, 1989 | Associated Press
Cash incentives for Little Leaguers violate official rules and will not be permitted next season, a league administrator in western Maryland said Tuesday. Jay Stouffer, administrator of more than 10 leagues in Washington, Garrett and Allegany counties, said he planned to meet with the league's board of directors during the next few weeks to put an end to cash incentives that two coaches in Boonsboro's South Mountain League gave their players this summer.
September 27, 1988 | Associated Press
General Motors' consumer finance arm began offering incentives on leases of new GM cars and trucks Monday, hoping to spark business in the first week of the 1989 model year and to cut inventory of its '88 models. General Motors Acceptance Corp. said the incentives will offer customers in the growing lease market reductions in monthly payments and the worth of a car or truck at the end of the lease period.
February 12, 1999 | Sallie Hofmeister
About 200 executives at ABC Inc. in New York will receive individual incentive packages today as part of a plan to relocate network programming operations to the Burbank headquarters of its parent company, Walt Disney Co. Disney is constructing a new building that will house several hundred employees from ABC Entertainment in Century City and the key programming and network executives from New York.
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