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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Mar 10, 1997
Page
13
A reader notes store-brand cereals cost about two dollars less per box than national brands. At two boxes weekly, savings reach roughly one hundred dollars over two years, presenting a simple comparison of price and value.
A Chittenango resident seeks retirement adequacy guidance with 401(k) savings, Social Security, inflation, and investment return assumptions. An advisor outlines using a spreadsheet, adjusting retirement age, and calculating shortfalls and monthly savings, plus periodic rechecks and consulting a planner. A Fulton resident asks about funding eight years before college for grandchildren and suggests growth funds or prepaid tuition programs with portability caveats.
A Syracuse service invites readers to send general questions to Ask the Experts, Hi Business, Box 4915, for publication guidance. Include name, phone, and address. personal replies are not provided. Contact information appears in the Today’s Explainer feature offering general business insights.
Microsoft posted a single patch to fix three security bugs in Internet Explorer versions 3.0 and 3.01 for Windows 95 and Windows NT 4.0. Without it a malicious site could run programs secretly send mail as another user or damage hard drive data. The patch is freely downloadable from Microsoft’s official site after being found by students at Worcester Polytechnic Institute, the University of Maryland, and MIT.
Starwood Capital Group and Goldman Sachs seek buyers for Westin Hotels & Resorts in a potential sale valued at 1 billion dollars or more. The 102-hotel upscale chain, based in Seattle, could attract Marriott International or a Starwood-controlled REIT as bidders. A public stock offering is also weighed as a sale path. Goldman Sachs handles talks due to Starwood’s dual involvement.
Major carriers raised fares after the 10 percent ticket tax return, with American largely flat while Northwest United and Continental boosted prices. A federal jury found USAir negligent in the 1994 Charlotte area crash, awarding compensatory damages but no punitive damages, as trials for future damages begin. Bill Gates opens Soweto digital village with a $100,000 computer pack to boost access. Texaco case sees a former executive stop cooperating, potentially weakening evidence in the probe.
A long list of 1897 model names shows lower rates from State Farm for many makes and models. The piece urges readers to shop auto insurance, noting that rates vary by driving record age and vehicle and that cheaper cars can attract lower premiums. It cites Missouri figures, comparing married drivers in Wentzville and a teenage driver in St. Louis.
State Farm plans higher collision and comprehensive rates for many 1987 model vehicles including Acura Integra models, Chevrolet Camaro and Cavalier lines, Ford Mustang and Escort, Honda Civic families, Hyundai Elantra and Sonata, Jeep Wrangler, Lexus SC300, Mazda 626 and MX6, Mercury Tracer, Mitsubishi 3000GT and Eclipse, Nissan 200 SX and Sentra, Plymouth Neon, Pontiac Firebird, Saturn SC1 and SC2, Subaru Impreza, Toyota Celica and Supra among others. The list covers two door and four door sedans, coupes, pickups, and four wheel drive variants with various body styles.
Editor recaps how 401k affects IRA deduction and penalties for early withdrawal. It covers reporting mixed mutual fund gains, deductibility of accountant fees, and disaster loss deductions with examples and amounts for 1995 1996 tax years.
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