CSX, Norfolk Southern smoothly split up Conrail; freight customers appeared to be satisfied as the two companies ended the Northeast freight-rail monopoly

Article Abstract:

CSX and Norfolk Southern Corp reworked their computer systems on May 31, 1999 to reflect the acquisition of Consolidated Rail Corp (Philadelphia, PA). Freight-rail customers have not complained about any problems resulting from the dismemberment of the 11,000-mile Conrail network, which was purchased by CSX and NSC for $10.3 billion. Norfolk Southern said it had a minor computer problem that was still being addressed on Jun 1, 1999, but that did not interfere with freight operations.

Railroads, Rail Transportation, CSX Corp., Norfolk Southern Corp., Consolidated Rail Corp.

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Dollar Express is fun thing; the Spain brothers are guiding their thriving Phila. chain on a merry trek to Wall St

Article Abstract:

Dollar Express, a Philadelphia store that sells items for a dollar, is being courted by Wall Street companies, which want the retailer to go public. The store, owned by two brothers, Bernie and Murray Spain, generated sales of $130 million in 1998. The store has been preparing to go public by already raising $35 million in venture financing, more than any local firm during the first quarter, according to a PricewaterhouseCoopers' survey.

Financial management, Organizational history, All Other Specialty Food Stores, Variety Stores, Dollar Express Inc.

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Developer now thinks dot-com

Article Abstract:

Developer Slavko Slavko Brkich is trying to market a long-vacant building on 30th Street near Girard Avenue as a center for Internet firms. Although no deals have yet been signed, and the project does not yet have financing, the developer and the city of Pennsylvania believe that the booming Internet industry might help them get the project started this summer.

Subdividers and developers, not elsewhere classified, Land Subdivision and Land Development, Office & Commercial Developers, Commercial developers

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