Money Watch Urges Americans to Save for Retirement
The piece argues Americans ignore saving for retirement despite warnings from insurers brokers and advisers. It cites Equitable Life Merrill Lynch and SIA findings, notes consumer stimulus from media and advertising, and warns that reliance on government programs could erode personal responsibility for future security. It contrasts low personal savings with higher consumption and outlines policy and behavioral challenges.
MENTIONED IN THIS ARTICLE
Equitable
Merrill Lynch
Canada
Sallie Mae Proxy Fight Clouds Annual Meeting
Sallie Mae president Lawrence Hough faced a shareholder proxy battle as eight dissident nominees led by former CFO Albert Lord won at least six seats on the 21 member board. The group seeks change in strategy amid weaker 1994 earnings and rising costs.
MENTIONED IN THIS ARTICLE
Washington
Student Loan Marketing Assn
Lawrence Hough
Enterprise
Hough
Sallie Mae
Albert Lord
Lord
Lawrence
USDA predicts recording exports surge 50 billion forecast
USDA projects U S farm exports may rise 15 percent to a record 50 billion this year driven by China's purchases of cotton and corn. Gene Moos undersecretary says the rosy forecast comes as Congress debates more than 5 billion in export programs in the 1995 farm bill amid budget battles with Lugar and Helms backing the plan.
MENTIONED IN THIS ARTICLE
Washington
U.S
China
Agriculture Department
Gene Moos
Moos
Senate Agriculture Subcommittee
Clinton
Richard Lugar
R-Ind
Agriculture Committee
Lugar
USDA
Congress
Commerce Department
Beijing
Pacific Rim
Central America
Senate Subcommittee On Agricultural Marketing
Jesse Helms
Santorum
Morning market snapshot across midland and regional livestock
Local markets report prices for wheat corn milo and soybeans at Midland Elevator and tally Omaha and St Joseph livestock quotations. Hogs and cattle prices move with note of lower barrows and gilts and steady to lower sows across multiple weight classes. Nonferrous metals and precious metals are listed with bid prices and daily quotes from New York and London markets.
MENTIONED IN THIS ARTICLE
Midland
Omaha Livestock
Omaha
NEB
Usda
U.S
St. Joseph
St. Joserh
Chrysler to fix air bags and hood latches in recalls
Chrysler Corp will inspect about 70,000 1995 Jeep Cherokees built between June 1994 and early February for driver side air bags that may lack an arming lever and fix 175,000 late 1994 to early 1995 Dodge Ram pickups by replacing the secondary hood latch bracket. No accidents reported.
MENTIONED IN THIS ARTICLE
Auburn Hills
Mich
Chrysler Corp
Chrysler
Breed Technologies Inc
Monus Convicted in Phar-Mor Fraud Trial
A Cleveland jury found Michael Monus guilty on all 109 counts in a $1 billion fraud and embezzlement case that led to Phar-Mor Inc being driven into bankruptcy. Monus faces up to 1,246 years in prison and fines of about $36 million. The verdict followed his second trial after a hung jury in June amid ongoing scrutiny of possible jury tampering.
MENTIONED IN THIS ARTICLE
Cleveland
Phar-Mor Inc
Michael Monus
Monus
U.S. District Court
Stock markets slide as economy pyre weakens
Stocks plunged for a second day on data suggesting a weakening economy. The Dow Jones Industrial Average fell 32.86 to 4379.37 at noon, after earlier dips triggered by computer driven trading. Unemployment claims rose, existing home sales dropped, and durable goods orders came in disappointing.
MENTIONED IN THIS ARTICLE
Wall Street
Dow
Also Mentioned on This Page
Money Watch
Bloomberg Business News
Dodge City Livestock Dopce Dry
Kansas
New York
Enolss
London
Comex
Handy & Harman
N.Y
Commerce Bank of
Kansas City
Commerce Bank
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
DIAL
Payless Cash
Camco Intnat
JC Penney
Casey's
Pepsico CommBancsh
Quaker
Dayton Hud
Railroad Fin
First Bank Sys
Fleming Santa Fe Fmc
Sealright
Sears
Goodyear
Sthwest Bell
Heinz Studrd Reg Hercules
Trinova
Kmart
UtiliCorp
Kroger
Wal-Mart
LabOne
Western Res
Lone Star Sticks
Williams
Edward D. Jones & Co
Mercantile
Journal-World
Massachusetts
Tetarens
Pine’s
North Lawrence
East Turnpike Exchange
Howar” Pine’s Garden
Phar-Mor
Periwinkles
Peonies
Clinton Parkway Nursery & Garden Star
Clinton Parkway
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!