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By Bill Talbott and Bill Talbott,Sun Staff Writer | August 28, 1994
A barn and an old vacant schoolhouse were set ablaze by lightning Friday night as a fierce storm moved across Carroll County.The storm also knocked out power to nearly 9,000 Baltimore Gas and Electric and Potomac Edison customers in Carroll.Firefighters from Gamber, Westminster and Winfield were dispatched to the 2700 block of Old Washington Road at 12:34 a.m. and discovered that lightning had hit a wooden barn, causing the roof and hay in the barn to burn. The firefighters remained at the scene for 90 minutes.
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NEWS
By Greg Tasker and Greg Tasker,Western Maryland Bureau of The Sun | September 13, 1994
BUCKEYSTOWN -- Just about any evening, as the sun sets behind the rounded blue mountains on the western horizon, Dan Pelz and many of his neighbors can be found outside their Victorian and Colonial homes waiting for the town's 21 new street lamps to come on.This nightly vigil may not seem so bizarre when you consider that for nearly two years, this old village -- a few miles south of Frederick and within the heavily traveled Interstate 270 corridor --...
NEWS
By Katherine Richards and Katherine Richards,Staff Writer | May 5, 1993
When Roland "Bubby" Wilson is not out catching bass, he may be found basking in the sun in his favorite chair in the bay window of his living room.Mr. Wilson, 65, a retired truck driver and construction worker from Taneytown, didn't always have it so cozy. The apartment is warmer in the winter and cooler in the summer since it was weatherized by the Carroll County weatherization office, with the help of the Potomac Edison Co.'s Weatherization Residential Assistance Program.The program, known as WRAP, pays for weatherization for low-income residents in Maryland, Virginia and West Virginia.
BUSINESS
April 24, 1993
World Bank aids Russian oil projectIn one of the biggest Western efforts to assist Russia's oil industry, the World Bank announced yesterday that it had reached an agreement to help finance a $1 billion project to increase Russia's oil output.The World Bank said it would provide more than $500 million in loans for the plan, which aims to boost output by $1.5 billion a year by reopening 1,200 oil wells that have been closed because of a lack of spare parts, inadequate maintenance and other problems.
BUSINESS
April 16, 1994
Brazil refinances debtBrazil closed a major chapter in its debt-ridden history late yesterday by completing an agreement with 750 banks that refinances roughly $49 billion in borrowed money.The accord, reached in New York, is a vestige of the enormous run-up in Third World debts that sent shock waves through the world financial system in the early 1980s and led to big losses by banks in the United States and other countries.Under an arrangement set up by former Treasury Secretary Nicholas Brady, Brazil will repay much of its debt to the banks with special bonds, backed by U.S. Treasury bonds as collateral.
BUSINESS
February 26, 1993
1st Chicago sale to GE CapitalFirst Chicago Corp. agreed yesterday to sell a large chunk of its troubled commercial real estate portfolio to GE Capital Corp. Under a definitive agreement, the Chicago banking company will sell distressed real estate with a contractual value of $1 billion to GE Capital for $500 million, or 50 cents on the dollar.The price, while steeply discounted, is slightly higher than the 46 cents on the dollar First Chicago put on its entire disposition portfolio of almost $2 billion at the end of 1992.
NEWS
By From Staff Reports Sun staff writers Donna Boller, Traci A. Johnson and Amy L. Miller contributed to this article | February 10, 1994
Ice falling from the sky in pellets coated trees and brought branches down on power lines, turning streets and sidewalks slick.It was a problem in Carroll County again yesterday, in the morning and evening, with a brief respite between.In a rash of accidents related to the weather, the most serious occurred in the afternoon on Route 26 at Oakland Mills Road, not far from the Baltimore County line. The multi-car crash closed both lanes of the road and sent one person to Sinai Hospital in Baltimore, but no details were available last evening.
BUSINESS
By Timothy J. Mullaney | April 22, 1991
The more things change, the more they stay the same. And the ways that they change are often pretty predictable.The news on Maryland's 50 biggest companies in 1990 is that most of them also were among the top 50 in 1989. But those companies that did drop off the list -- or moved around within it -- reflected the headlines of the day, from takeovers to recessions. Cyclical companies lost ground, non-cyclicals gained some ground, and no one was immune from the trends.Another lesson of this year's top 50 is that size doesn't guarantee robust health.
BUSINESS
By Jay Hancock | June 15, 2005
CORPORATE executives always blame economics when threatening to close plants, even if the real reason is management incompetence, greed or an attempt to bluff concessions from workers and tax authorities. But when Alcoa says that the market is "difficult" for its Eastalco aluminum plant in Frederick County and that events outside its control will make the facility unprofitable without assistance from the state, believe it. Economic factors rarely pose a more potent or obvious threat than they do here.
NEWS
November 19, 1992
National InterestThanks to Ross Perot, the budget and national deficit drew a lot of verbal attention during the recent election campaign.However, I'm not sure that the $1 billion dollars per day interest we pay on the national debt translates into how we get our economy back on track.A national hue and cry from our taxpayers is decidedly in the public interest and should be listened to by Bill Clinton.Richard H. MerchantTowsonHiss' GuiltThe Sun obligingly printed a letter from Alger Hiss (Nov.
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