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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jun 29, 1992
Page
13
A Consumer Rights columnist weighs what customers can expect from businesses and how far service should extend, alongside Insurance Wise tips on low-cost disability coverage. Page 07.
Steven M. Prye explains that spouses and children have protections under law. Spouses in most states receive a minimum share, with half of community property in nine states. Children can be entitled despite omissions, with posthumous birth protections. Disinheritance can be explicit or minimal, but without a will the estate follows state laws with no favoritism.
The text compares ATMs to microwaves, noting early distrust in 1980s but growing acceptance. It cites that by 1990s the United States had about 25,790 ATMs handling 135 something million transactions, illustrating rising adoption.
Banks charge varying fees for foreign transactions and balance inquiries while ATMs multiply. Chase Lincoln First charges 95 cents for foreign use after two free daily transactions. Manufacturers Hanover adds 70 cent charges due to no own machines. Fleet Bank and others impose 95 cent, 50 cent, or $1 rates. The decade will bring over 88,000 machines and billions in transactions as the ATM network grows, expanding from cash withdrawals to broader uses.
Malcolm Berko discusses a utility that operates with excessive efficiency and the consequences for investors. The piece analyzes how cost cutting and high productivity can compress margins and affect returns, suggesting caution for stakeholders evaluating the company’s prospects and valuation.
A guide encouraging early retirement savings with practical steps. It outlines simple actions, budgeting tips, and planning approaches to improve long term financial outcomes. The piece emphasizes starting now to build a stable retirement fund.
McDonnell Douglas Corp. signs a 1 billion dollar contract with China to build 40 MD-80 and MD-90 jetliners for Chinese airlines. China will produce half in Shanghai with some parts from the United States and Canada. first delivery in 1996.
Middle East Broadcasting Centre Ltd. announced the completion of its purchase of United Press International after outbidding American bidders in a New York bankruptcy court. The former UPI will operate as an independent news wire, with plans to invest up to 12 million dollars to expand its reach across North Africa, the Middle East, and Asia.
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