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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

Dec 06, 1992

Page

13

Espresso Craze Spreads From Seattle To Nation Wide

The piece tracks a surge in specialty coffee fueled by high quality espresso. Yakima and other cities host espresso carts and bars, with Starbucks leading growth. Analysts note espresso carts cost 5 000 to 20 000 dollars to set up and cup prices range from 85 cents to 2 85. The trend, tied to arabica beans and premium roasts, aims for 30 percent of the market by 1994.

Yakima Wash Terry Jones Joan Nygaard Nygaard Minneapolis Bozeman Mont Glenn Close California Chicago St. Louis Ted Lingle Specialty Coffee Association of America Long Beach Calif New York U.S Starbucks Coffee Co West Valley High School Italy Starbucks Howard Schultz Wrigley Field Comiskey Park Schultz North America United States Lingle Seattle

403(b) Rules Put Experts On the Spot Over Age 75

An IRS position so far remains debated as to whether age 75 applies to old money in 403(b) plans. Experts say withdrawals and tax rules hinge on long-standing assumptions, with some noting plans often set stricter payout dates than IRS guidance. The issue impacts retirees who seek extended tax deferral while avoiding penalties.

Seymour Goldberg Long Island University IRS Holmes Braverman

Martin Marietta forecasts growth from mergers and defense sales

Martin Marietta aims to leverage a merger path with rockets and satellite work as its core. The firm projects more than $1 billion in 1992 missile system revenue and about $700 million from Patriot missiles and night vision tech for F-15 and F-16 fleets. Despite defense cuts, it plans 6 percent layoffs, mostly in astronautics Denver, and reports a slim year to date profit of $269.7 million on rising revenue.

Pentagon Martin Marietta Astronautics Denver

Also Mentioned on This Page

Espresso Delights Yakima, Wash Wall Street New York Stock Exchange Grumman Northrop Bollinger Goldman, Sachs Augustine Ray Ikenberry Ray Iowa Street Lawrence E New Hampshire Microtech Computers, Inc Iowa St. Ste. M Lehrere Nafer Tabboula Overall Mark Eckert FORD Lincoln Mercury MAZDA Mitsubishi Alabama Ilka Bob Raines Willow Dr Lansing Kan
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