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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 22, 2001
Page
34
A Brazilian company expands into the small jet market by acquiring a stake or providing equipment to a Canadian firm. The move targets Embraer jets and involves Rockwell Collins as a supplier hub in eastern Iowa.
In Brazil near Sao Paulo Embraer shows rapid privatized success with ERJ145 deliveries exceeding 300 and outsized profits. The company expands with new assembly plants and a military wing as Bombardier rivalry and WTO disputes shape its ascent.
A survey for Americans for Consumer Education and Competition finds many students lack basic financial knowledge. All seniors who took a personal finance class passed a quiz, while most of the 800 uninstructioned students failed. Forty percent misjudge loan interest rates and a five step plan to save and invest is outlined.
The Armchair Millionaire concept from Armchair Millionaire.com is a Web site used by tens of thousands of ordinary investors. In the Pocket Books hardcover The Armchair Millionaire, Lewis Schiff and Douglas Gerlach argue that smart investing needs only common sense discipline patience and a goal oriented mindset.
Progressive Insurance reports over 800 respondents show 46 percent swerved into another lane while talking on a phone and 41 percent increased speed unintentionally. More than 90 percent admit to talking on a cell phone while driving.
The Five O Clock Club in New York says managers now prefer candidates who fit the traditional mold. It advises jobless dot.commers to dress properly for interviews identify real skills and avoid boasting about doing everything in past roles.
KB Toys after a buyout by venture backers regains private status freeing focus on extended goals. CEO Michael Glazer notes ownership and patience over quarterly pressure while expanding online presence as malls evolve and toy retailers face growth shifts.
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