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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Dec 30, 1997
Page
6
NFCC urges consumers to tackle post holiday debt with five steps tracking spending creating a budget reducing expenses decreasing debt and increasing savings. It advises avoiding new charges, setting a quick payoff plan, and contacting NFCC member offices for budgeting help.
Tyson Foods Inc pleads guilty to one count of violating the gratuities statute in federal court. The plea ends a three year investigation by an independent counsel with a 4 million dollar fine and 2 million dollars in restitution. The deal closes the inquiry for Tyson Foods and its people except two individuals who received target letters. The company will not be debarred from government contracting.
Livestock futures eased after the government forecast higher pork output next year, with February hogs dropping to 58.25 cents a pound and live cattle slipping to 66.55 cents. Grains and soybeans closed mostly lower on weak export expectations, while gold dipped on a firmer market. coffee rose on talk of a potential Colombian truckers strike.
Traders monitor screens on the New York Stock Exchange as the Dow Jones Industrial Average rises by 113.10 points to close at 7792.41. Volume and sector movers were mixed as investors assessed ongoing economic signals and corporate results.
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