Marriott heir leads family business through growth and reform
J Willard Marriott Jr., 51, president of Marriott Corp., describes a harmonious father son leadership that expanded from a nine seat root beer stand in 1927 to a global empire of 1000 restaurants, hotels, airlines catering, theme parks and cruise ships with sales over 2 billion.
MENTIONED IN THIS ARTICLE
Washington
J. Willard Marriott Jr
The
Marriott Corp
Marriotts
Marriott
Dallas
Philadelphia
San Francisco
Chicago
Host International
Airport Terminal
Gino’s Inc
Currency devaluations and their effect on Americans
A primer on currency devaluation explains how a weaker peso or other currencies affect American travelers, exporters, and shoppers. It notes Mexico's peso devaluations raise the dollar's buying power in Mexico, while impacting cross border shopping and U.S. exports.
MENTIONED IN THIS ARTICLE
New York
America
U.S
United States
el Paso
Texas
Ecuador
France
Brazil
Argentina
Indonesia
Mexico
California
Edmund Brown Jr
Reagan
San Diego
Imperial
Don’t bank on deposit meaning ready cash
Banks delay crediting funds after check deposits with reasons tied to interest protection and clearing methods. California banks reported seven to 20 day delays. local checks usually clear next day, but out-of-town or large items may take longer. Officials urge customers to compare bank clearing procedures and credit timing.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Corp
California
Bob Walters
Sheshunoff & Co. Inc
Austin
Texas
Walters
Interest rate theory sparks debate across consumer loans
A Purdue credit expert argues high consumer loan rates reflect lenders costs rather than fraud or hidden losses. She notes operating costs, credit losses, and funding prices drive rates, with short term prime rates for large loans versus longer auto loans. Banks also avoid frequent rate changes due to expenses.
MENTIONED IN THIS ARTICLE
New York
A. Charlene Sullivan
Purdue University
Credit Research Center
Commerce Department reports loom for February and March data
Budget of upcoming economic releases covers consumer credit, retail sales, inventories, auto sales, unemployment claims, producer prices, industrial production and money supply. Local events feature Byers, Branson, Fanto and others speaking at Cedar Rapids venues with social hours and reservations required.
MENTIONED IN THIS ARTICLE
Commerce Department
Treasury
Labor Department
State Incr
Federal Reserve Board
Scott G. Byers
Byers and Happel Realtors
Cedar Rapids Consumer Credit Association
Longbranch
Dan E. Branson
University of Iowa
Cedar Rapids
Iowa Engineering Society
Sheraton Inn
Ron Fanto
Glenwood State Hospital
Quality Circles
International Association of Quality Circles
Also Mentioned on This Page
Service Industries
Donald H. May
Ile
University of Utah
Washington Area
Bill Marriott
Mormon Church
Vietnam
J. Willard Marriott Sr
J. Willard Jr
Fred Schuchmann
Marabwa
American Business Women’s Association
Longbranch Convention Center
Gary Bennett
University of Toledo
American Institute of Chemical Engineers
Iowa
Duane Tackaberry
Penick & Ford, Ltd
Millhiser Smith Agency, Inc
Oakland Road
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