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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 03, 1998
Page
6
Dear reader asks about placing a large workers compensation back pay. Bruce Williams suggests FDIC limits, a second bank if needed, and reviews safer investment options like government instruments and money market funds for higher returns.
Fleming researchers project euro area market capitalization rising from 3.9 trillion to about 14 trillion by 2010 driven by higher savings, cross border investment, and pension reform. They foresee more corporates issuing equity and a larger eurobond market as banks weigh cheaper financing.
Washington antitrust officials accuse Microsoft Corp. of blocking evidence in the pending case. They say Gates is not available for sufficient questioning and that source code and 17 witness depositions should be produced. Microsoft counters that it is cooperating and cites other CEO interviews as longer than Gates. A September trial date looms as DOJ and states press for access to witnesses and internal materials.
Nissan Motor Co may stop producing and marketing the 2008X subcompact coupe at its Smyrna Tennessee plant in 1999 as part of a North American restructuring to cut debt. The move follows weak U.S. sales of the two door model, while Sentra production will move to Mexico by 2000. The Smyrna plant also builds Altima and Frontier pickups.
The Los Angeles SEC suit against Rafi M Khan, a 47 year old broker and promoter, alleges he orchestrated fraudulent trading to inflate Future Communications in 1993 and L L Knickerbocker in 1995. The 27 page filing portrays tactics for rigging trades in small cap stocks, harming uninformed investors. Khan, presumed innocent, has been in Dubai recently and is expected back in LA where he formerly worked as a broker.
New York AP reports early paces show ConEd AES Exxon and other major names among most active by volume as market buzz surrounds tech and energy shares. Investors monitor opening moves and notable price shifts across many listed entities.
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