Trade minister Chan battles gloom over 1997 takeover
Hong Kong trade and industry secretary John Chan in New York after Beijing crackdown on dissidents. He says the Sino-British pact will preserve Hong Kong's system for 50 years after 1997 and urges confidence amid investor jitters and emigration waves. He notes China will honor commitments and vows continued entrepreneurial links.
MENTIONED IN THIS ARTICLE
New York
John Chan
Hong Kong
Beijing
China
Chan
New
York
Britain
Trade and Indust
Hong Kon
Ho Ever
Schop
Tips to boost mileage say Phillips 66
Consumer tips from Phillips 66 advise driving at 55 mph to save fuel and money. Keeping the engine clean with good oils and clean filters reduces wear, while avoiding rapid acceleration and stop and go driving limits gas usage.
MENTIONED IN THIS ARTICLE
Bartlesville
Okla
Phillips 66
Pay Now Travel Later for Big Airfare Discounts
New York AP reports that buying tickets up to 30 days in advance yields the largest airfare savings. Travel agents urge paying ahead for foreign trips including rental cars hotels sightseeing and meals. Benefits cited include knowing major costs protecting against dollar falls and sometimes lower rates.
MENTIONED IN THIS ARTICLE
New York
Travel & Leisure Information Center
Nature's thermostat plants to cut summer power costs
Atlanta based AP report notes hardwood shade trees can cool a home as much as five window units when mature. Planting on the west side shields homes from afternoon sun and could affect winter warmth as leaves drop. In Rochester AP notes, Dante Cicchetti says child abuse records exist since Biblical times but only recently acknowledged by medicine and public.
MENTIONED IN THIS ARTICLE
Atlanta
Georgia- Pacific Corp
Rochester
N.Y
Dante Cicchetti
University of Rochester
Cicchetti
Insect repellent tip uses chlorine bleach bath
Dermatologist Herbert Luscombe of Jefferson Medical College says insects dislike odors like chlorine and sweat. In Glamour he notes insects are attracted to serotonin and advises washing off sweat quickly and watching diet, citing bananas and nuts as serotonin sources.
MENTIONED IN THIS ARTICLE
New York
Herbert Luscombe
Jefferson Medical College
Philadelphia
Luscombe
Glamour Magazine
Japanese money targets U S mortgage market via new fund
A $575 million Blackstone Fund for Fannie Mae Mortgage Securities opens Japanese investment into U S home loans. Home buyers pay Maple Avenue mortgages through a chain from S L to Fannie Mae to Blackstone, with profits sweetened by deregulation and attractive returns.
MENTIONED IN THIS ARTICLE
New York
Savings and Loan
Japan
U.S
Blackstone
Fannie Mae
Salomon Brothers Inc
Tokyo
Maple Avenue
S&l
Federal National Mortgage Association
Blackstone Financial Management
Salomon
Goldman, Sachs & Co
Pacific
Blackstone Fund
S&ls
May Economic and Political Events Highlight Weekend Outlook
A mix of national economic data and legal actions color the week ahead. Markets eye May existing home sales and leading indicators, plus Treasury auctions across 3, 6, 4, and 52 week bills. A Portland ballot proposal on logging and a Tyson Foods redemptions hearing also feature in the schedule. The Professional Women's Network meets in Cedar Rapids with Christine Grant speaking on sports ethics.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Treasury
Unisys
Hollywood
Portland
Ore
Commerce Department
Wilmington, del
Chancery Court
Tyson Foods
Holly Farms
Defense
U.S
Council On Competitiveness
CityCenter
Cedar Rapids
Christine Grant
University of Iowa
Nintendo to offer game play via telephone in Japan
Nintendo will launch a telecommunication package in Japan in September that lets owners of the game computer play select titles over the telephone with other players. The US market gets the system in June next year. The kit includes software on cassette, a control keyboard, a modem and a switching device priced at 35 000 yen. Initially two games go and shogi.
MENTIONED IN THIS ARTICLE
Kyoto
Japan
Nintendo
United States
American Telephone & Telegraph Co
Taking Social Security Early Versus Later Explains Break-even
The article explains that starting benefits at 62 reduces monthly checks about 20 percent versus starting at 65, costing a total $23,040 by age 65, with break-even around age 77. It covers earnings limits before full benefits for ages under 65 and the penalties for excess earnings.
MENTIONED IN THIS ARTICLE
Social Security Administration
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