24. oktober 1988 var en mandag under stjernetegnet for ♏. Det var 297 dag på året. Præsident for USA var Ronald Reagan.
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Date: 24 October 1988
LEAD: INTERNATIONAL A2-9 Progress in Jordanian-P.L.O. ties was reported by the leaders of Egypt and Jordan after unexpected negotiations Saturday with Yasir Arafat, chairman of the Palestine Liberation Organization. A1
Date: 25 October 1988
LEAD: INTERNATIONAL A3-15 A rights program for farm animals has been set up by the Swedish Government, long renowned for its generosity and concern over the treatment of people. A1
Date: 25 October 1988
Special to the New York Times
LEAD: The Boeing Company said it would build a new fabrication plant here to diversify its operations away from the company's base in Seattle. An airport-area site will be selected soon for the 230,000-square-foot plant that will initially employ about 350 persons, an official of Boeing's commercial airplanes unit said.
Date: 25 October 1988
AP
LEAD: The Penn Central Corporation has signed an agreement to acquire the Republic American Corporation for $15.75 a share, or about $249 million. The companies said they expected the deal to be completed early next year. Republic American, based in Encino, Calif., sells workers' compensation insurance in California.
Date: 25 October 1988
Special to the New York Times
LEAD: The Cooper Companies said that Parker G. Montgomery had resigned as a director and that his term as president and chief operating officer had ended, effective immediately. Mr. Montgomery, who founded Cooper Laboratories in 1958, resigned as chairman and chief executive in July, as part of a plan by shareholders to restructure the company.
Date: 24 October 1988
By Kurt Eichenwald
Kurt Eichenwald
LEAD: As part of a broad cost-reduction effort, Shearson Lehman Hutton Inc. is planning to cut its work force by about 1,000 people before the end of the year, people close to the securities firm said yesterday.
Date: 25 October 1988
Special to the New York Times
LEAD: The Nissan Motor Company's manufacturing unit in the United States said today that it would expand its operations by adding another car to the product line of its plant in Smyrna, Tenn., which now makes the Sentra model and a pickup truck.
Date: 25 October 1988
Special to the New York Times
LEAD: The Ashton-Tate Corporation, based in Torrance, Calif., is shipping its long-awaited and often-delayed new version of its flagship product, dBase IV. The software, which will sell for $795, offers greater ease of use and compatibility with computer networks than does its predecessor, dBase III Plus, which has been the most popular data-base management product for personal computers.
Date: 25 October 1988
AP
LEAD: The shareholders of Grand Metropolitan P.L.C. overwhelmingly approved the British company's $5.23 billion takeover bid for the Pillsbury Company. At a special meeting, the shareholders also backed Grand Met's plan to sell its Inter-Continental Hotels Corporation unit to the Saison Group Ltd. of Japan for $2.15 billion, as well as sell new Grand Met shares to existing shareholders to raise money for the
Date: 24 October 1988
By Eric Schmitt, Special To the New York Times
Eric Schmitt
LEAD: A war of weekly newspapers has broken out in this secluded former whaling village in eastern Suffolk County, challenging loyalties to a local institution.