Tax law reshapes investor choices amid Clinton plan
Wall Street greets Clinton tax changes with near record stocks and 20-year low rates. High earners gain from capital gains while ordinary income and bonds face steeper taxes. Advisers urge cautious shifts toward growth funds and tax shelters like annuities, with emphasis on after tax returns and portfolio composition.
MENTIONED IN THIS ARTICLE
Wall Street
Clinton
Congress
Ivestors
Treasury
Suzzanne Brubaker-Wolfe
Arthur Andersen & Co
Los Angeles
Jeff Saccacio
Coopers & Lybrand
Foreign investment in U.S. economy slows as jobs feel the impact
The Commerce Department reports foreign direct investment in the United States fell to 13.5 billion dollars last year, the lowest since 1983 and an 80 percent drop from 1988. About 5 million jobs were tied to foreign affiliates in 1991, with growth lagging since 1989 as the economy weakened.
MENTIONED IN THIS ARTICLE
America
United States
U.S
Honda
Toyota
Bureau of Economic Analysis
Big 3 profits boost Toledo area auto suppliers
The Big Three automakers posted 1993 Q2 earnings of 2.35 billion, lifting local suppliers. Plants run near capacity with overtime, hires rising as General Motors Powertrain Toledo adds dozens of workers, Chrysler Toledo Machining expands for the Neon, and Ford supplier Midwest Stamping grows. Unemployment in Lucas County and Toledo falls from a year earlier. Dana Corp stock hits highs as second quarter income climbs to 36.6 million.
MENTIONED IN THIS ARTICLE
Toledo
General Motors Powertrain
Oscar Bunch
United Auto Workers
Kingsley Wootton
Ypsilanti
Mich
Wootton
Johnson Controls
Chrysler
Perrysburg
Sharlene Barnhart
Lucas County
Metal Forming & Coining Corp
Rod & Bar Processing Inc
Hinkle Mfg. Inc
Toth Industries Inc
American Metalcraft Co
Bruce Baumhower
United Auto Workers Local 12
Midwest Stamping Mfg. Co
Bowling Green
Ford Motor Co
Ronald Thompson
Midwest
Ford
Dana Corp
Kidron Auction Consigns Slaughter Hogs Calves Cattle
Kidron Livestock lists Thursday consignments totaling 872 hogs and 271 cattle. Hogs range 190 to 260 pounds with prices from 32.50 to 46.50 per hundredweight, including butchers and feeders. Calves include good to light categories, back-to-the-farm pulls, and heifer calves. Cattle feature steers, heifers, bulls, and various quality cows with wide price bands. feeder cattle also listed.
MENTIONED IN THIS ARTICLE
Kidron
Area firms file to incorporate in Ohio
Secretary of State records show July filings for five Elyria Lorain area firms. Elyria firms include LLC Marketing Inc. with 750 shares. Majestic Motor Coach Inc. with 750 shares. Oh Boy Inc. with 750 shares. Technology Development Inc. with 750 shares. Burge & Co. Inc. with 750 shares. Incorporators and agents include David W. Guerini Thomas A. St. Marie Linda Bajurzak Jack W. Crowther Cynthia A. Barnes David D. Dishrow Richard T. Laux Barry Burge.
MENTIONED IN THIS ARTICLE
Elyria
LLC Marketing Inc
David W. Guerini
Thomas A. St. Marie
Linda Bajurzak
Jack W. Crowther
Bechtel Rd
Majestic Motor Coach Inc
Black River Corporate Services Inc
Evie Ave
Lorain
Oh-Boy Inc
Cynthia A. Barnes
David D. Dishrow
Oakcrest Dr
Technology Development Inc
Richard T. Laux
Fourth St
Burge & Co. Inc
Barry Burge
W. Fifth St
Also Mentioned on This Page
U.S.A
The
Commerce Department
Britain
Canada
Japan
Germany
France
Netherlands
Switzerland
Australia
Latin America
Middle East
Africa
U.S. Commerce Dept
Virgin Megastore
Paris’ Champs Elysees
Dotte Nyse
New York
Pisa R_Smith Co
IBM
Abark & Baye
Kmart
Bree Ve Allied Corporation
Alltel
Atwood
Cedar Fair
Canterior
CaBancom Inc
CPC Inter, Inc
Emerson
Ise
Englehard
First Banco
Motoria
General Motors
Hills Dept. Va
Invacare
LNB Bancom
Ze Lasco Inc
Cooprer
Ve Mid-Am, Inc
Owdeen Te
Nordson
SAS Boyn Bby
Omie
ST Seehine Sonlees SB Sherpc
Northam
Ohio Edison Eckerd
P.N.C. Corp. Ferra
Parker Hannifin
Secora
Reliance Elect
Ford Pt
SJMA
ATV Pee Sunrise Medical
Texas Utilities
Tordyn
Fev
T.aw
Het Sa
Woolworth
F.W
TyneToy
A York International
Johnson Controls Battery Group
Holland
Mike Lee
Johnson
UAW
Catherine Hinds
Dana
Kidron Livestock
Columbus
Robert Taft
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