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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 02, 1996

Page

16

Investment year in review and 1995 outlook

Commentary reviews 1995 stock and bond performance with historic highs and declines, urges readers to assess yearly results against averages and set New Year money goals. Advises diversification, patience, and professional guidance. Promotes tax deferral, laddered bonds, index funds, and prudent broker selection.

Dow Jones U.S. News & World Report Business Week Moskowitz Wall ST Anheuser Busch Sea World Busch Gardens Colgate Disney Tandy Radio Shack Wrigley RED Face Dept

AT&T to Cut About Forty Thousand Jobs in Split Plan

AT&T Corp said it will eliminate nearly 40,000 positions as it splits into three companies. About 30,000 will come from layoffs and 10,500 from voluntary severance and divestitures. The move targets mainly this year with 4,000 exits tied to unit sales. AT&T expects fourth quarter earnings to fall by 4 billion dollars due to severance and restructuring costs.

New York At&t Corp At&t At&t Global Information Solutions Dayton Ohio Unications Services Yosk (Ap Eary Cronn Nyse Eed Newnis Garac Ria Bank BetSos Rome Canta Mylans If

AT&T to Trim Jobs but Dayton GIS Safe

AT&T plans to cut nearly 40 000 jobs as it splits into three companies but Dayton based AT&T Global Information Solutions GIS will not lose further positions. Spokesman Bob Farkas said GIS follows its own program and will maintain current staffing after last fall cutbacks. AT&T acquired GIS from NCR Corp in 1991.

Dayton At&t Corp At&t At&t Global Information Solutions Bob Farkas Farkas NCR Corp

Japanese executives lose nerve at heavy computer training

In Tokyo, a 62 year old TV animation executive Yasumasa Fukushima struggles with an IBM PC during a two day intensive course aimed at senior managers. The seminar, priced at 600, showcases rising push by Fujitsu and NEC for older bosses to adopt databases and email.

Tokyo Yasumasa Fukushima Fukushima Compan’s Presario Fujitsu Safe Akihabara NEC

Rebate fraud big business in United States

A Cincinnati Enquirer report says individuals form clubs to file fake rebate claims and profits reach up to hundreds of thousands yearly. Task forces seek to curb the crime, with violators facing fraud conspiracy and theft charges. Manufacturers incur billions in costs through higher prices.

Cincinnati Rick Bowdren Bowdren Cincinnati Enquirer New York L.A U.S the Enquirer

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