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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 15, 1996
Page
8
Dear Bruce explains capital gains tax basics on selling a renovated home and deducting capital expenses, noting repairs and labor aren’t capital investments. It also addresses an unmarried couple buying a home, saying both signatures on the mortgage imply joint responsibility for deficiencies and advising legal counsel.
Six thousand workers at GM Lordstown assembly plant walk out in an unsanctioned wildcat strike to protest the firing of shop chairman Al Alli. Local 1112 members left the plant around 9 30 a.m. amid unclear GM confirmation. Alli allegedly clocked out improperly.
Ohio Kentucky and Indiana launch aggressive campaigns to attract summer tourists amid a 430 billion industry. George Zimmerman says proactive marketing is essential as Ohio spends about 5 million on TV and partners with Kings Island Cedar Point Sea World and others. Greater Cincinnati CVB expands TV to Toledo while northern Kentucky touts proximity to Riverfront Stadium and Kings Island. Local bureaus plan new web sites and broader markets including African Americans and international visitors. Riverboat gaming and new regional attractions are key growth prompts, with Cleveland cited as regional leader due to new venues.
Southwest leads as the top overall quality airline in the 1995 Air Line Quality Survey by University of Nebraska and Wichita State University researchers. American, United, Delta and others follow. on-time rates exceed 80 percent, with improved industry-wide performance and a narrowing gap between highest and lowest rated carriers.
Several hundred steelworkers gathered outside LTV Steel Corp annual meeting to protest plans for a Trico Steel joint venture in Decatur Alabama. The union argues recruitment is harder there. Leo Gerard said management should face the union. LTV to pay a 3 cent dividend to shareholders of record May 16.
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