Texas Legislature faces broad agenda in 1997 session
Dr. M. Ray Perryman notes the Texas Legislature has until June 2 to tackle a wide range of issues across education taxes criminal justice and health care. He highlights debates on property taxes abortion reform electricity deregulation nursing home oversight HMO accountability and education funding amid partisan shifts and federal-to-state welfare shifts.
MENTIONED IN THIS ARTICLE
Texas
Senate
Hmos
U.S
Pricing volatility on inside Wall Street concerns investors
New York AP reports traders fret over rapid shifts of money between stock classes rather than broad market moves. Analysts say overall volatility remains limited. Dow changes of 2 percent or more are rare despite daily point swings.
MENTIONED IN THIS ARTICLE
New York
Wall Street
William LeFevre
The
New
LeFevre
Dow
Kiwi back in the skies amid bankruptcy relief
Kiwi Air Lines resumes limited service from Newark as it seeks a $15 million investment to emerge from Chapter 11. The carrier plans 26 daily flights with seven jets, offering January fares from 79 to 99 dollars and promising February discounts as it aims to fill 40 percent of seats this month and 55 percent in February.
MENTIONED IN THIS ARTICLE
Kiwi International Air Lines
Newark International Airport
Newark
N.J
Kiwi
Jerry Murphy
Lanta
Chicago
West Palm Beach
Fla
Atlanta
Penegi
Tampa
Las Vegas
Bermuda
Murphy
Nasdaq Rules Aim to Boost Investor Power in Trading Change
Nasdaq introduces new SEC order handling rules expanding limit orders across the market to reduce spreads and boost investor clout. Dealers previously hid customer orders, potentially fattening profits by billions. the move could foster competition, narrowing the bid ask gap and lowering trading costs.
MENTIONED IN THIS ARTICLE
Bill Broka
Justice Department
SEC
Barron's Magazine
Taiwan to ban investments over 30 million in China
Taiwan plans a ban on investments exceeding 30 million in China until talks resume. The move halts Formosa Plastics Group's 3 billion Chinese power plant project and President Enterprises' 200 million investment, after Lee Teng-hui warned such money could threaten Taiwan's economy. Authorities could not comment. China cites Taiwan as a rebel province and tensions remain high since 1995 visits and subsequent talks disruption.
MENTIONED IN THIS ARTICLE
Taipei, Taiwan
Taiwan
China
Formosa Plastics Group
President Enterprises
Lee
United States
Beijing
Stock market climbs to bond-defying heights
New York reports stocks soar as bonds slide, challenging the usual link between markets. The Treasury yield rose to as high as 6.90 percent, the steepest since late October, suggesting higher borrowing costs may curb consumer spending and company revenues.
MENTIONED IN THIS ARTICLE
Treasury
Drug ads spark calls to reform FDA rules
New York AP reports drug advertisements overwhelm readers with fine print and promise little risk detail in main text. Critics say ads hype benefits and hide dangers, urging FDA to require risks and alternatives in the ad body while industry seeks looser guidelines.
MENTIONED IN THIS ARTICLE
Joseret
Food and Drug Administration
FDA
Sidney Wolfe
Public Citizen
Wolfe
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M. Ray Perryman
Perryman Group
Edwin L. Cox School of Business
Southern Methodist University
Air Lines
Dow Jones
S&p 500
Lee Teng-hui
National Assembly
U.S. Treasuries
Dan Jaffe
Schering-Plough
Johnson & Johnson
Glaxo Wellcome
Pfizer
Zyrtec
Zocor
Merck
Newsweek
Reader's Digest
TV Guide
AP/T
Durand