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Show THE HERALD. Piwo, Utah, Sunday, September Page F10 an? Business highlights : WASHINGTON - (AP) - equipment spending by 7.7 percent this year, the government said in a report that analysts said shows no sign, that industry fears an imminent recession. I The Commerce Department reported Thursday that responses to a survey completed last month show that businesses expect to spend $43.85 billion on expansion and modernization this year despite earlier concern about a significant economic slowdown. ted penny stock wwtwSy otf mf ductible after the first year, a chance for new buyers to return their cars within a month for full credit for another new Oldsmobile and a roadside assistance plan. During the first three years or 50,000 miles, whichever comes first, Oldsmobile owners will be able to telephone for help anytime their car is disabled for any reason, from an empty gas tank to a major mechanical failure, said Oldsmobile General Manager Mike Losh. Because of Oldsmobiie's sales volume, the move may prompt other General Motors Corp. divisions as well as Ford Motor Co. and Chrysler Corp. to rethink their warranties. "What you're going to see is a big ramp-u- p in the overall warranty coverage on the part of everybody," said analyst Joseph Phillippi of Shearson Lehman Hutton Inc. in New York. Another battle DETROIT (AP) in the automotive warranty war may be on the horizon after a and the cease-fir- e nearly three-yefront may be on America's highways instead of at dealership service departments. In early 1387, the nation's Big Three automakers extended existing warranties and used the new guarantees as bait to snare new-cbuyers. On Thursday, Oldsmobile took a page from the European luxury car makers' warranty book and introduced a new three-par- t program for 1990 Oldsmobile buyers. Two days earlier, Toyota Motor Corp. boosted its warranty on powertrain and safety equipment to five years or 60,000 miles from three years or 36,000 miles. ' Oldsmobiie's new program offers scam artist, An admitwear- a hood to hide his features, has told: a House subcommittee that penny stocks traded over the counter are often controlled by organized ing; ar buyers a three-yeawarranty with a r, bumper-to-bump- er de $100 toQfiog fed) : ar Business-e- s plan to increase their plant and Washington (ap) 10, 1989 "Whst ycu'ro 3.ng to ceo b a t!j rci7.p-u- p in tho overc!l wcrrcnty covcrc-- o cn tho pert of everybody." Improving' warranties can be costly for automakers, who shoulder most of the cost through dealer reimbursements but wont give exact numbers. The Oldsmobile warranty an- nounced Thursday is unique in GM Other GM divisions offer the basie three-yea- warrantt 50,000-mil- e r, with the exception of the Cadillaf Allante, which carries a seven-yea- r, 70,000-mil- e is offering a four--: warranty with towing provision for its and 1950 cars. But the number of vehicles covered by that plan, as well as those offered by other mak: ers of imported luxury cars, doesn't approach that of Oldsmobile. The Oldsmobile warranty, an nounced as the GM division introduced its 1930 model cars, may be; transferred if the original buyer; -sells the car while it's covered by, the basic warranty. ...... The warranty stems from pilot' programs Gil ran on the Oldsmo- bile Cutlass Supreme and the Pon- -'. Mercedes-Ben-z year, warranty. 1990 version of the Cadillac warranty will be announced next week when the division formally introduces its cars for Changes in the the coming model year, spokesman Norb Bartos said Thursday, declining to elaborate. Ford, which introduces its 1990 model cars next week, and Chrysler, which shows off its 1990 cars a week after that, have basic warranties of 12 months or 12,000 miles in addition to longer powertrain and rust protection coverage. Chrysler offers more extensive basic coverage for its larger, more expensive - cars. Officials of both companies said there were no immediate plans to change warranties. 50,CC9-mi- le 1S: -- tiac Grand Prix last year, sakf Losh, who was general manager tit the Pontiac Division before moving to Oldsmobile earlier this year. He said fewer than 0.5 percent of the Cutlass Supreme buyers taking : part in the pilot program returned their cars for other Oldsmobfles. 'I '. worn crime. Lorenzo Formate, a former penny stock broker and promoter now in the: federal Witness Protection Program, told the subcommittee on telecommunications and finance Thursday that while there are legitimate companies offering their stocks they are often manipulated by brokers, promoters or salesmen. ter Washington (ap - white House economic adviser Michael J. Boston is reinforcing the Bush administration's call on the Federal Reserve Board to lower interest rates. - .Boskin, chairman of the Council of Economic Advisers, told the U.S. Chamber of Commerce on Thursday .that "if there are signs of softness in the economy from where we are now, that further easing would probably be appropriate," .His comments came three weeks after White House budget director Richard Darman complained that the. central bank was keeping interest .rates too high and would have to .bear the blame if the country toppled into a recession. J I 4ANTA MONICA, Calif. (AP) -The federal Superfund program has been "superslow" in cleaning toxic Waste dumps and in making polluters pay for the work, according to study. ;jn the program's first eight years ending last September, the Environmental Protection Agency finished cleaning only 34 dumps out of 1,175 on a priority list, according to the Rand Corp. study, to be released Friday. The list represents only the worst of 30,000 dumps where waste ultimately may need to be treated or removed. - NEW YORK (AP) RJR Nabisco Inc. is selling the fresh fruit operations of its Del Monte unit to the British conglomerate Polly Peck International PLC for $875 million in another major step toward reducing debt from its record buyout. The cash sale of Del Monte Tropical Fruit Co., announced Thursday, moves RJR past the halfway mark in its efforts to sell about $5.5 billion in assets to reduce the debt accumulated in the $25 billion buyout of the food and tobacco giant by Kohlberg Kravis Roberts & Co. Del Monte is the world's largest supplier of fresh pineapples and No. 3 in bananas. (SEE WE WILL NOT BE UNDERSOLD ON AMY OF THE NAME BRAND TV's, APPLIANCES OR VIDEO PRODUCTS IN OUR HUGE INVENTORY. WE GUARANTEE IT! WE SHOP OUR COMPETITORS FREQUENTLY AND OUR PRICING IS CONSISTENTLY LOWER EVERY DAY! IF YOU HAVEN'T SHOPPED WITHMONSEN BROTHERS, YOU'RE IN FOR A PLEASANT SURPRISE. IF YOU HAVE, THEN YOU KNOW WE HAVE THE LOWEST PRICES AND THE BESTSERVICES IN UTAH! - 1' ; ; mm 1111 (Jf2HlgJ?V oiii "i:fiiiirt6lJi ft HIGH QUALITY VIDEO sAND MICROWAVE APPLIANCES AT PRODUCTS AT UTAH'S LOWEST THIS WEEK'S SPECIAL UTAH'S LOWEST PRICES... GUARANTEED! FBI BFrigidaire WAIRIIHIMTY - 'Limited warranty on color TV's, VCR's and CAM Confers. . . n The chairman of bank has resigned largest Italy's over a scandal involving unauthorized export credits to Iraq granted by the Italian bank's branch in Atlanta, Ga. Nerio Nesi, chairman of the owned Banca Nazionale del Lavoro (BNL), and the bank's director-genera- l, Giacomo Pedde, stepped down at an extraordinary meeting of the bank's board Thursday night, the bank said in a statement. ROME (AP) OQCEffl i:fviai if? it ;: Askfordstclis IF YOU CAN'T HAVE THE BEST OF EVERYTHING, YOU CAN HAVE THE BEST OF SOMETHING AT - :NEW YORK (AP) Investor Donald Trump has received government clearance to purchase more than $15 million of the jewelry firm Tiffany & Co.'s stock, a Trump spokeswoman said. t Tiffany issued a news release Thursday in which Tiffany Chair- - S FINE HOME - i. !KtU:4H4) dV - GRU 5fiTHi6fSaJ:?' ujra:i6j uvn?ft smitm 'WASHINGTON (AP) Senate yielding to loud complaints from many older Americans, are indicating they would join their House counterparts and go along with major changes in Medicare insurance covering the costs of a-- Catastrophic illness. "Several members of the Senate Finance Committee, however, on Thursday rejected a revision ap- by- the House Ways and Soved Committee to cut costs for the higher-incom- e elderly but raise them for older people with lower incomes. The Tex-- 8 UUSTTN, Texas (AP) has office General's Attorney sued the Quaker Oats Co. saying the nation's biggest seller of hot Cereal misled consumers in advertising that its product can help reduce the risk of heart disease. But spokesmen for Chicago-base- d Quaker Oats said they feel the advertising is truthful and is supported by valid scientific evidence. j0 TDdGXB (ST- tax-write- man William R. Chaney said Trump had advised him that a filing was made to the government so that Trump might acquire and Hold more than $15 million of Tiffany's stock "as an investment and not as part of a takeover effort." IN STORE POSTER FOR COMPLETE DETAILS): UTAH'S LOWEST wmm Sir JK VJV 971 S. 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