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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 15, 1994

Page

2

Real cost of regulation far exceeds bottom line findings

Regulation dominates the concerns of midsized business owners who cite government rules as their top hurdle, a view echoed by NFIB. Analysts at Heritage estimate total costs may exceed 1 trillion when counting lost opportunities, while Shanahan and Thierer compare lives saved to the heavy price in capital, labor, and unintended effects, urging restraint on public funds.

Arthur Andersen Enterprise Group National Federation of Independent Business NFIB Nancy Pechloff Arthur Andersen Pechloff Heritage Foundation John C. Shanahan Adam D. Thierer Congress Federal Shanahan and Thiever Shanahan Thierer

Local Stocks and Market Update Notice

Stock market update notes a local stocks section and a prompt to call 865-5000 for quotes. Readers are advised to watch for the complete market wrapup in Saturday's Journal-World.

Journal-World

Dollar rebounds in Tokyo market

The dollar rose to 106.38 yen in Tokyo trading, up 0.83 from Monday, its strongest finish since February 10 amid relief after a trade dispute settlement. The Tokyo stock market ended mixed as the Nikkei 225 closed at 20,508.85 yen, down 17.30 points after a prior surge.

Tokyo Togyo Stock Exchange New York Clinton Morihiro Hosokawa Washington

Wholesale prices rise 0.5 percent in February

The Labor Department reports a 0.5 percent February increase in the Producer Price Index, the largest in 10 months, driven by higher energy costs and heating bills amid winter storms. Economists expect moderation later, with consumer inflation forecast below 3 percent in 1994.

Washington Labor Department Midwest Robert G. Dederick Northern Trust Co Epec Department

Ex Honda execs charged in multimillion kickback scheme

Five former American Honda executives face charges for accepting millions in kickbacks and gifts in exchange for dealer ships and larger car allocations. Eight former sales executives pleaded guilty to fraud and bribery related charges and are cooperating with investigators.

Honda Execs American Honda Motor Co

Utility exec foresees changes in industry

Western Resources chief executive John Hayes told a Rotary Club in Lawrence that customer demand, technology, and economics will shape utilities as competition grows. He discussed a push toward a potentially competitive model, expanded service hours, and a tariff plan to cut stripper oil well rates to support oil producers while oil prices stay low. He also noted a shift to alternative energy as fossil fuels dwindle, favoring solar and wind though storage remains an issue. no new nuclear plants are expected soon. Western Resources is parent of KPL, the Lawrence utility.

Western Resources John Hayes Lawrence Hayes Rotary Club Lawrence Helidome Kansas Corporation Commission KPL Lawrence Electric Utility

T-bills rise as ARM index climbs to new highs

Washington AP reports short-term Treasury yields jumped in Mondays auction with three month bills at 3.57 percent and six month bills at 3.85 percent, the highest since June 1992. The Fed also noted the one year T Bill yield rose to 4.28 percent, impacting adjustable rate mortgages.

Washington Treasury Treasury Department Federal Reserve

Also Mentioned on This Page

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