THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Saturday, November 5, 1994 TAG: 9411050637
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
LENGTH: Medium: 59 lines
Wall Street Journal to add features to Friday edition: The Wall Street Journal is planning to add features to its Friday edition to appeal to weekend readers. The paper will introduce sports, entertainment, travel, art and other light news to its first two sections to encourage readers to peruse it over the weekend. The Journal hasn't announced a date for the changes. (Bloomberg Business News)
NationsBank executive retires: William L. ``Bill'' Rueger, senior banking executive of NationsBank's Hampton Roads area, will retire Nov. 18, the bank said Friday. Rueger, a Virginia Beach native, joined a predecessor bank, the old Virginia National Bank, in 1965 as a management trainee and became head of NationsBank's Hampton Roads region two years ago. The 51-year-old Rueger also has been active in the area's civic, charitable and educational activities. NationsBank said Rueger's responsibilities will be shared by a four-member team that includes Steve Bass, consumer executive in Newport News; Steve Gibson, regional commercial executive in Norfolk; Marianne Scott, consumer executive in Norfolk; and Russell Turner, consumer executive in Virginia Beach. (Staff)
Ford light trucks top recall list: Ford Motor Co. will recall 893,000 light trucks for parking-brake problems, the largest of a spate of recalls outlined in a National Highway Traffic Safety Administration report. Other recalls involved Saturns, Nissan Altimas and American General Corp. Hummers, according to the administration's September defect investigation report. Ford's recall was the largest, affecting 1992-94 Broncos and 1993-94 Explorers and Rangers, said a company spokeswoman. Because of a defect in the parking-brake lever, it may not become fully engaged and could move freely, the spokeswoman said. Ford is notifying dealers about the defect, and owners will be contacted later this month. The recall at General Motors Corp.'s Saturn unit affects 931 vehicles made in 1995 that had problems with the manual steering mechanism, creating the possibility of a loss of steering. All of the repairs were made last month, said Bob Tripolski, a spokesman. Nissan previously announced the recall of 1,000 Altimas, a spokesman said. Breakdowns in the manual shifting system could lead to the 1995 model cars going into other gears. (Bloomberg)
Army, Air Force warehouse expanding: The biggest warehouse operated by the Army and Air Force Exchange Service will get bigger next year. A $30 million project will add 350,000 square feet to the 1.1 million-square-foot Dan Daniel Distribution Center. About 900 people work at the facility, which has been threatened by cuts in military spending. ``Without the upgrade and expansion, the center may have been forced to let some people go,'' said Rep. Herbert H. Bateman, R-1st. The exchange service is self-sufficient, relying on sales for its annual budget. But base closings have eliminated some stores that the distribution center supplied. Last year, the center posted $7.7 billion in sales. The 7-year-old warehouse supplies goods to military department stores, gas stations and other on-post concessions in the northeastern and midwestern United States and Europe. (Associated Press) by CNB