World Trade Group Eyeing IT Tariff Elimination
The World Trade Organization gathering in Singapore weighs abolishing tariffs on computers software and telecom products by 2000. Charlene Barshefsky leads the U S delegation arguing lower costs and stronger competition will help US industries. Developing nations resist fearing trade barriers and labor standards could curb cheap imports.
MENTIONED IN THIS ARTICLE
United States
World Trade Organization
Singapore
Charlene Barshefsky
U.S
WTO
Asia
Machine-tool orders drop from September peak
October orders for American machine tools fell 13 percent from September, totaling about 838 million pounds. The report from the Association for Manufacturing Technology and the American Machine Tool Distributors Association notes regional declines, with the Midwest down 16 percent and Northeast figures also slipping.
MENTIONED IN THIS ARTICLE
Association For ‘Manufacturing Technology
American Machine Tool Distributors’ Association
Repterber
Midwest
Northeast
Boeing's 727 Boosts Range Speed and Altitude
Boeing rolled out the first of a new 737s successor claiming faster, farther, higher performance. The 727s will fly up to 3,454 miles about 1,000 miles farther than present 737s, cruise at 530 mph about 20 mph faster, and fly at 41,000 feet versus 37,000 for earlier planes.
MENTIONED IN THIS ARTICLE
Boeing
Stock Quote Hotline Offers 24 Hour Market Quotations
The Herald Journal provides free around the clock quotes for NYSE AMEX and NASDAQ stocks via the Stock Quote Hotline. Call NewsLine at 472-2111 and enter category 9988 for quotes and 9989 for directions.
MENTIONED IN THIS ARTICLE
Herald-Journal
Understanding Market Value in Real Estate and Lead Paint Law
A reader asks if market value equals purchase price and whether furnishing affects sale in today’s market. Advice notes market value hinges on buyer willingness to pay, favors vacant homes for easy showings, and cites lead paint disclosure laws requiring seller and landlord compliance with EPA HUD rules for pre-1973 housing.
MENTIONED IN THIS ARTICLE
Veh Eprimereen
Law requiring tax vouchers for insurer repairs faces repeal talk
A proposed 1997 rule would force insurers to pay state sales tax on auto repair work directly and issue a voucher to the car owner. Critics say the scheme is costly, risks higher consumer costs, and won’t fix fraud. Legislators and insurers push to repeal amid estimated first year net loss of about 52 million.
MENTIONED IN THIS ARTICLE
Ard
Ivan Lafayette
D-Jackson Heights
State Department of Taxation and Finance
Jeanne Salvatore
Insurance Information Institute
Salvatore
Joe
Jane
Sheila Breeding
Allstate Insurance Co
Lafayette
State Department of Taxa Finance
Hera
Planning panel formed by DeWitt firm for Money Matters
SIS eg Planning Inc of DeWitt created a panel of experts to answer financial planning questions. The week's answers come from Mark Mayer of Mark Mayer Real Estate.
MENTIONED IN THIS ARTICLE
Money Matters
SIS Eg - Planning Inc
DeWitt
Mark Mayer
Mark Mayer Real Estate
Asset allocation guides yearly investment rebalances
Financial advisers urge age-based asset rebalancing to boost retirement returns. Young investors lean toward aggressive growth with 40 to 60 percent in growth stocks, while seniors shift to income and inflation protection with 50 to 70 percent in bonds. Houston firms cite age bands and taxable bonds to balance risk and growth.
MENTIONED IN THIS ARTICLE
David Hanson
Financial Synergies
Houston
David Lampe
Houston Asset Management
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