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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Apr 02, 1998

Page

13

Japan launches Big Bang reforms to revitalize economy

Japan begins its Big Bang economic reforms aimed at deregulating and rebuilding the banking system. The changes expand consumer investment and banking options, signaling a shift in how the world’s second-largest economy conducts business.

Japan

SEC probes Columbia/HCA on federal securities laws

The SEC and DOJ probe the nation’s largest hospital company for potential securities violations. Columbia/HCA disclosed the investigation covers antifraud periodic reporting and internal controls, with NASD possibly joining. Also notes tax home office deduction guidance and earnings roundup for Zenith Electronics and Lone Star Steakhouse firms.

Securities and Exchange Commission U.S. Justice Department SEC Columbia HCA Healthcare Corp National Association of Securities Dealers IRS Zenith Electronics Corp Lone Star Steakhouse & Saloon Inc

House approves bill to let credit unions widen membership

The House voted 411 to 8 to override a Supreme Court ruling and allow credit unions to include more groups in their memberships within limits. The measure, backed by Speaker Gingrich and supported by the Clinton administration, would preserve current customers and aid 70 million members amid banking industry opposition.

Washington House Supreme Court Steven LaTourette Ohio Paul Kanjorski D-Pa Newt Gingrich Federal Jim Leach Alown House Banking Committee David Bonier Michigan Senate Clinton

Economy heats up as manufacturing and spending rise

New data show robust growth with factory activity rising in March, the ISM index at 54.8, and February construction spending up for the third straight month. Analysts note continued strength despite Asia turmoil, with gains in housing and government construction offsetting commercial declines.

New York Sung Won Sohn Norwest Corp Minneapolis Asia U.S Allen Sinai National Association of Purchasing Management Conference Board Commerce Department

Market quotes and livestock prices across multiple midwestern regions

As of Wednesday close Farmers Cooperative Assn South Elevator Wheat 3.01 soybeans 6.11 milo 3.64 corn 2.28 Midland Elevator Wheat 3.04 soybeans 6.16 milo 3.70 corn 2.33 North Elevator Wheat 3.04 soybeans 6.16 milo 3.70 corn 2.33 Donat City Dodge City KS livestock quotes show steady slaughter steer and heifer values with strong week totals. St Joseph benchmarks list feeder cattle receipts and varied steer heifer prices. US hogs and cattle at Omaha market with modest shifts. New York metal prices posted for aluminum copper lead zinc tin gold silver mercury and platinum.

Farmer's Cooperative Assn South Milo Midland North New York London N.Y. Mere N.Y

Lawrences KU and Jayhawk Credit Unions Share Members

In Lawrence two federal credit unions, KU Credit Union and Jayhawk Credit Union, total nearly 6,000 members. Across Kansas 30 federally chartered unions serve about 67,000 members, while 118 state chartered unions number near 500,000 members and were not affected by the Supreme Court ruling.

Lawrence KU Credit Union Jayhawk Credit Union Kansas Supreme Court

Two firms eye Lawrence for new distribution and rail equipment

Lawrence could gain 90 jobs from two prospective investors. A Canadian rail equipment refurbisher targets an 81,000 square-foot East Hills site or new construction while a consumer products firm searches three Lawrence sites and eight others in the Kansas City metro for a 277,000 square-foot distribution center with about 50 staff at $11 hourly.

Lawrence Bill Martin Kansas City East Hills Business Park Kansas Highway 10 Anna Hope Iowa Street Lakeview Road Harris North Iowa Kasold Drive Lakeview Martin East Hills

Banks hike ATM surcharges for noncustomers, study finds

A US PIRG study of 470 banks in 28 states shows surcharges for noncustomers using ATMs rising to 71 percent from 45 percent since 1997. The average fee climbed to 1.23 dollars, with larger banks charging more often. In Kansas 70 percent levy fees averaging 1.04 dollars. Consumer groups say the practice favors big banks, while banks cite improved service and willingness to pay.

New York U.S Public Interest Research Group Kansas

Also Mentioned on This Page

Dow Industrials S&p 500 Treasury HCA Dodge City Livestock Donat Crry St. Joseph St. Joseph, Mo Omaha Livestock Omaha Neb USDA Richard Brack Brack Ijworld.com Nations Bank NationsBank Vary Aran TER
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