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BUSINESS
December 26, 1994 | DAVID HOLLEY, TIMES STAFF WRITER
A recent government decision to let the powerful Samsung Business Group build passenger cars opens the door to a potentially painful battle among South Korea's auto makers, but analysts say it could also help the auto makers become formidable competitors in the world market.
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BUSINESS
December 26, 1994 | DAVID HOLLEY, TIMES STAFF WRITER
A recent government decision to let the powerful Samsung Business Group build passenger cars opens the door to a potentially painful battle among South Korea's auto makers, but analysts say it could also help the auto makers become formidable competitors in the world market.
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BUSINESS
December 26, 1994 | DAVID HOLLEY, TIMES STAFF WRITER
A recent government decision to let the powerful Samsung Business Group build passenger cars opens the door to a potentially painful battle among South Korea's auto makers, but analysts say it could also help the auto makers become formidable competitors in the world market.
BUSINESS
December 26, 1994 | DAVID HOLLEY, TIMES STAFF WRITER
A recent government decision to let the powerful Samsung Business Group build passenger cars opens the door to a potentially painful battle among South Korea's auto makers, but analysts say it could also help the auto makers become formidable competitors in the world market.
BUSINESS
May 8, 1998
* Sunbeam Corp. Chief Executive Al Dunlap will unveil his cost-cutting plan for three acquired companies at an analysts' meeting Monday. Dunlap, trying to duplicate his slashing of Sunbeam's costs two years ago, is expected to fire 30%, or more, of the 9,100 employees at Coleman Co., Signature Brands USA Inc. and First Alert Inc., as well as shutter a similar percentage of their 21 factories. * Chase Manhattan Corp. agreed to buy Morgan Stanley, Dean Witter, Discover & Co.'
BUSINESS
April 30, 1985
Toshiba America Inc. announced the establishment of a disk products division to market the company's 8- and 5.25-inch Winchester disk drives to original equipment manufacturers in the United States. With the demise of Memorex Corp.'s OEM group, Toshiba bought back the exclusive U.S. rights for its 8-inch disk drives, which it had granted to Memorex in 1983, and also recruited Frank Buckley, vice president of the Memorex OEM group, to be vice president and general manager of the new division.
BUSINESS
March 10, 2008 | Hugo Miller, Bloomberg News
Norilsk Nickel is building its own fleet of ships to capitalize on the melting of the polar ice caps. The company ordered five reinforced cargo vessels that can plow through the waters north of Siberia as new sea routes open. Moscow-based Norilsk, the world's biggest producer of nickel, is spending at least $467 million to buy reinforced vessels rather than rent both freighters and icebreaker escorts. The thawing sea "has enormous economic implications, and commerce is going to push this ecological zone to the limit," said Rear Adm. Timothy McGee, head of the U.S. Navy's Meteorology and Oceanography Command.
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