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BUSINESS
April 24, 1997 | From Reuters
On Cambodia's oldest rubber plantation, the last remains of a once-great industry trickle slowly from the towering trees. The bitter scent of latex, which once made great fortunes here, fills the air in the aging forest. The Cambodian rubber industry, once among the world's most productive, is collapsing under the weight of poor management, corruption and little investment in new trees, analysts say.
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BUSINESS
April 24, 1997 | From Reuters
On Cambodia's oldest rubber plantation, the last remains of a once-great industry trickle slowly from the towering trees. The bitter scent of latex, which once made great fortunes here, fills the air in the aging forest. The Cambodian rubber industry, once among the world's most productive, is collapsing under the weight of poor management, corruption and little investment in new trees, analysts say.
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NEWS
December 3, 1992
Harry Lyon Morris, 77, a Liberian delegate to the United Nations from 1959 to 1980 and an ambassador at large for Liberia in the 1970s. Morris was the son of John Lewis Morris, secretary of the interior and of public works in Liberia in the 1920s. He was a grandson of Ernest Lyon, a onetime U.S. minister to Liberia. Morris worked in the rubber industry from 1934 to 1980. He later became chief executive of Morris Rubber, a family company.
NEWS
December 3, 1992
Harry Lyon Morris, 77, a Liberian delegate to the United Nations from 1959 to 1980 and an ambassador at large for Liberia in the 1970s. Morris was the son of John Lewis Morris, secretary of the interior and of public works in Liberia in the 1920s. He was a grandson of Ernest Lyon, a onetime U.S. minister to Liberia. Morris worked in the rubber industry from 1934 to 1980. He later became chief executive of Morris Rubber, a family company.
NEWS
June 2, 1991 | RUTH YOUNGBLOOD, UNITED PRESS INTERNATIONAL
Malaysia, anxious to retain its position as the world's top producer of rubber, is revolutionizing the industry by scrapping antiquated techniques relying on excessive human labor in favor of innovative machines. Faced with low prices and a crippling shortage of workers as the young rush to the booming manufacturing sector, Prime Minister Mahathir Mohamad has branded traditional rubber-tapping methods as "terribly inefficient" and called for modernization.
BUSINESS
November 14, 1987 | Associated Press
Mobay Corp., a subsidiary of Bayer USA Inc., said it has agreed to acquire Denka Chemical Corp. of Houston for an undisclosed sum. Denka, which has sales of nearly $100 million and employs about 400 workers, has plants in Houston; Duluth, Minn.; Carteret, N.J., and Little Ferry, N.J.
NEWS
January 25, 1997 | From Associated Press
An Irvine man and his business partner were arrested Friday on suspicion of conspiring to ship chemicals that could be used to make nerve gas to Iran, in violation of the U.S. trade embargo. Prosecutors said Abdol Hamid Rashidian, an Iranian citizen living in Irvine, and Henry Joseph Trojack of Las Vegas conspired to ship impregnated alumina.
HOME & GARDEN
July 14, 1990 | MIKE SPENCER, TIMES STAFF WRITER
No question, Bubba, if it's truly laid back you want, you have to get a hammock. It's the quintessential device for hanging around the yard, swaying in the breeze, idling away an afternoon or the whole summer. But it most certainly doesn't have to be confined to the back yard; that's an American idea. Most of the hammocks of the world are used indoors instead of beds.
BUSINESS
May 5, 1997 | From Associated Press
Goodyear Tire & Rubber Co. and the United Steelworkers union have reached a tentative agreement to end a two-week strike, but workers will remain on the picket lines until the deal is ratified. Union spokesman Curt Brown said Sunday that members will vote Thursday on the six-year agreement reached Saturday night. It would be the first long-term contract in the industry's history.
BUSINESS
June 21, 1990 | From Times wire services
The Senate Finance Committee today completed action on a bill limiting imports of apparel and footwear but made no recommendation on whether it should be passed. The bill is supported by a majority of members of the House and Senate, but there is some question whether the margins are large enough to override a presidential veto. The Bush Administration opposes the bill, and President Bush's advisers say they will recommend a veto if it passes.
CALIFORNIA | LOCAL
May 19, 2002 | From Times Staff and Wire Reports
Peter Bauer, a Hungarian-born British economist who opposed development aid for poor countries as a waste of money, has died at age 86. Bauer, who became a life baron in 1982, died May 3 at his home in London, the House of Lords said. Before becoming a peer, the iconoclastic Bauer divided his professional life between the London School of Economics, where he was professor of economics, and his old Cambridge college, Gonville and Caius, where he was a fellow.
NEWS
February 4, 1997 | RALPH VARTABEDIAN, TIMES STAFF WRITER
Ever since 1933, the Fargo family has been retreading tires in Los Angeles. Today, the family's plant in South-Central is among the last major retreading facilities for passenger tires in the region. Retreaded tires, popular during World War II, have a reputation today similar to Spam. At one time, the nation had 12,000 tire retreading plants, but now only 1,440 are left. The industry sold 31 million tires in 1996, down 25% over the past decade. And just 5 million of those tires were for cars.
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