THE VIRGINIAN-PILOT
Copyright (c) 1996, Landmark Communications, Inc.
DATE: Tuesday, October 22, 1996 TAG: 9610220376
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
LENGTH: 47 lines
Gov. George F. Allen presented a $1 million check Monday to Newport News for its Downtown Partnership Initiative. The check is the second installment of a total $2 million commitment to fund the three-year program. Newport News Shipbuilding, the state, and the Downtown Partnership Initiative program was designed to improve the work environment for U.S. Navy personnel and improve the physical and safety environment around the area next to the shipyard. Each of the partners has contributed about a third of the total funds. (Staff) Hampton surveys its business district
Hampton residents offered their opinions on the redevelopment of the downtown business district through a visual preference survey that aired on local television Monday. Participants looked at a series of city scenes and used an answer sheet to rate each photo on a scale of -10 to +10. The program included photos of streets and buildings in Hampton and in other cities. The Coliseum Central Business Improvement District hired a firm to conduct the survey to help planners determine what local residents want to change. (Associated Press) Integrated Health, Coram Health to merge
Integrated Health Services Inc. has agreed to acquire Coram Healthcare in a $655 million deal that the companies said would form the nation's second-largest home health company. The combined company will operate more than 700 home health branch locations in 44 states, the companies said today in a joint release. Integrated Health officials said the company would be the industry leader in the two largest home health sectors, home nursing and home infusion of drugs and nutrients. The merged companies will bear the Integrated Health name. (AP) U.S. sets deadline to ratify subsidy ban
The United States has just five months to convince the world's shipbuilding nations that it will ratify a treaty to outlaw subsidies. The ``deadline'' was set at a emergency meeting in Paris last week between the United States, the 15-nation European Union, Japan, South Korea and Norway. The meeting was called to salvage the agreement following Congress' failure to ratify it. It is opposed by some major U.S. shipbuilders including Newport News Shipbuilding. The negotiators will reconvene in March to gauge the chances of Congressional ratification of the deal that the United States itself proposed in 1989. (Journal of Commerce) by CNB