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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Apr 14, 1998

Page

10

Dow Tops 9 000 On Merger Bets In Nervous Trade

The Dow Jones Industrial Average edged above 9,000 at 9,012.30 aided by a Citicorp Travelers merger boost and a forthcoming financial sector makeover. NationsBank BankAmerica proposed a 625 billion merger as Banc One First Chicago NBC deal boosted trading, with mixed results across major indexes and solid profit reports anticipated this week.

New York Dow Citicorp Travelers Group Bluechip NationsBank BankAmerica Banc One First Chicago Nbc J.P Morgan New York Stock Exchange Chicago NBC Merrill Lynch PaineWebber DLJ Eastman Kodak Vis International Paper DuPont NYSE Standard & Poor

Corn and soybean futures slump on El Nino delay signals

Futures for corn and soybeans plunged on the Chicago Board of Trade as meteorologists forecast hot dry Midwest weather not arriving until August, offsetting early gains from crush data. Wheat rose modestly while cattle and pork futures moved variously on CME activity.

Chicago Chicago Board of Trade Midwest National Oilseed Processors Association National Oceanic and Atmospheric Administration Climate Prediction Center Globe United States Pacific U.S Agriculture Department Chicago Mercantile Exchange

Allegheny Energy seeks Midwest ISO membership after merger

Allegheny Energy Inc announced it applied to join the Midwest Independent System Operator as part of its merger with DQE Inc. The move aims to ensure competitive benefits for customers, lower rates, reliable service, and access to diverse power sources while regulators review the merger. The company cites reciprocity and locational pricing to ease power purchases and reduce rate pancaking.

Allegheny Energy Inc Midwest Independent System Operator DQE Inc Federal Energy Regulatory Commission FERC Midwest Iso Alan J. Noia Allegheny Energy Pennsylvania Nola The Alliance Princi Ilinois Indiana Kentucky Michigan Missouri Ohio Virginia Wisconsin Maryland West Virginia Washington, D.C Hagerstown Allegheny Power

Harassment insurance and corporate behavior questions

The Associated Press examines whether sexual harassment insurance lowers firms’ incentives to avoid lawsuits. It cites Astra USA paying a record 10 million settlement, ongoing policy upgrades, and insurer practices while noting rising harassment claims and larger coverage, with industry voices debating risk assessments and the role of preventive programs.

Associated Press Astra USA Jonathan Turley George Washington University David Sterling Michael Furgueson Chubb Insurance Chubb Equal Employment Opportunity Commission Sterling Paula Jones Clinton Lisa DeSimone Reliance National Insurers Vincom Jeff Lamb Westborough Mass EEOC Ann Gillespie IBM Kendra Collins

Women led firms expand into male domains across industries

The Working Woman 500 shows women own lumberyards, truck dealers, auto parts firms, and pork processors alongside Donna Karan, J Crew and Mary Kay. JM Family Enterprises tops the list with 5.4 billion in revenue, while Lockhart Automotive Group and other female owned firms push growth in construction, wholesale trade, transportation, agribusiness, and manufacturing. Despite gains, female owners still face discrimination and underrepresentation in CEO ranks.

New York Donna Karan International J. Crew Mary Kay Cosmetics U.S Working Woman Magazine JM Family Enterprises Deerfield Beach Fla Lynn Kimmel Lockhart Automotive Group Ms. Kimmel Saturn Cadillac United States National Foundation For Women Business Owners General Motors Catalyst Group

Oncor and Vysis settle patent litigation and licensing deal

Oncor Inc and Vysis Inc reach a definitive settlement ending the September 1995 patent suit. Oncor gains non exclusive royalty bearing licenses to U S Patent 5 447 841 for human oncology use and to Vysis direct labeling tech while conveying its FISH genetic probe business to Vysis. Initial cash of 500 000 and 1 5 million due April 9 2000. The agreement reduces non oncology genetics exposure and supports Oncor oncology focus.

Oncor Inc Vysis Inc Oncor Vysis Regents University of California U.S. District Court District of California U.S Lehman Brothers Cecil Kost Oncology Kost

Housing Fair Set for April 29 at Frederick

The fifth annual housing fair runs from 10 am to 2 pm on Wednesday April 29 in the Frederick Community Action Agency Activities Room at 100 S. Market St. The event is sponsored by Frederick County FARE the Department of Community Development the Frederick County Association of Realtors and the Frederick Community Action Agency. It features exhibits and presentations by nonprofit and government agencies on affordable housing and related services with homeowner information and housing rehabilitation workshop. The free event includes lunch refreshments and parking. For more information call 301 694 1506.

Frederick Community Action Agency S. Market St. Frederick Frederick County Fare Frederick Department of Community Development Frederick County Association of Realtors

GTE to offer high speed Internet via ADSL links

GTE Corp. plans to provide some telephone customers with Internet access over copper lines using ADSL technology with speeds up to 50 times faster than modems. The Stamford Connecticut based company expects to roll out in portions of 16 states this summer after federal regulatory approval.

Washington GTE Corp GTE Stamford Conn Bell

Medical Business Outsource Group Opens in Frederick

CBF Business Solutions Inc of Frederick launches Medical Business Outsource Group to handle medical billing and accounts receivable. Services include electronic medical billing, claims follow up, on site analysis, staffing, debt collections and consulting for medical practices locally and nationwide. Sharon Kaplan calls MBO Group a centralized source for clients operations. For details call 301-663-1686 ext 126.

CBF Business Solutions Inc Frederick Medical Business Outsource Group MBO Group Electronic Medical Billion Sharon Kaplan Ms Kaplan

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