U.S. Auto Makers Rise Against Japanese Rivals
Big Three push improved design and efficiency while strengthening balance sheets with higher credit ratings. Salomon Smith Barney backs Ford and DaimlerChrysler, cites $3 billion in 1997 cost cuts, and notes GM lagging but cheap after a strike. Merrill Lynch identifies Volkswagen as industry darling with strong model demand and a 79 percent YTD gain.
MENTIONED IN THIS ARTICLE
U.S
Keller
Salomon Smith Barney
Ford
Salomon
Daimler
Chrysler
Bloomberg News
Saturn
Mark Holowesko
Templeton Growth Fund
Hughes Electronics Corp
Holonesko
Volkswagen AG
New York Stock Exchange
Volkswagen
Stephen Reitman
Alec Shutze
Merrill Lynch & Co
Europe
Volvo AB
Merrill
Koss headphones landmark revival and near 40 million sales push
The Koss story traces a shift from failed diversification to headphone core strength. Michael Koss leads a leaner, cell-based production while cutting staff and exiting European operations. The firm posted 3.15 million profit for nine months and aims for over 40 million in sales as it celebrates 40 years of headphones.
MENTIONED IN THIS ARTICLE
Michael Ross
Ross
Koss
Michael Koss
Woman seeks refund after horse with bad knees misrepresented
Letters to Laura discuss a buyer's $1000 loss after purchasing a horse advertised as raced yet suitable for a 4 H rider. Knees are severely bad, seller refused return. Advice covers misrepresentation, small claims court, and steps to prevent future issues. Also includes consumer help on faulty cash register ribbons and potential California case actions.
MENTIONED IN THIS ARTICLE
Laura
Lowell Urfer
Urfer Stables
New Philadelphia
Ohio
Supplies Direct
Small Claims Court
California
Vicky Holland
Barnesville
Vicky
Telemarketer rules and consumer recourse in Ohio
Ohio residents can avoid home solicitations via the Direct Marketing Association Telephone Preference Service by sending name, number and address to P O Box 9014 Farmington NY 11735 0014. Federal and state laws limit calls and require do not call lists, with enforcement by the FTC FCC and Ohio AG. Consumer action lines include 1-800-282-0515 and BBB complaints.
MENTIONED IN THIS ARTICLE
Direct Marketing Association
Telephone Preference Service
P.O. Box
Farmington
New York
Consumer Services Department
17Th Street NW
Washington, D.C
FTC
Ohio
Attorney General
Federal Communications Commission
Common Carrier Bureau
FCC
Lawyers of Ohio
Ohio State Bar Association
Betty D. Montgomery
Bar Association
Privacy and Careers The Hidden Risk of Medical Records
Employers and employees face growing concerns over medical data privacy in the workplace. Experts note that disclosure can trigger lawsuits and job loss, while training programs at Loyola University offer certificates in high tech skills to boost career credibility amid 346,000 software openings.
MENTIONED IN THIS ARTICLE
William S. Hubbartt
Hubbartt & Associates
St. Charles
Hubbartt
Amacom
Hubbard
Linda Salchenberger
Loyola
IRS defines vacation homes broadly for tax breaks
DiGesu notes IRS broadly treats boats and RVs as vacation homes if they have sleeping space cooking facilities and a bath. Rental tax rules hinge on time used. 14 days or less tax free if residence. longer rentals taxed as gross income with potential deductions. Family hiring of minors offers tax savings via wages sheltered from income tax up to 4250 in 1996. Social Security tax also exempt for under 18 earned income. This keeps wealth within the family.
Minor Roth IRA gains with parental gifting noted
The speaker asserts that minors with earned income may open a Roth IRA and let earnings grow tax free. He adds that qualified distributions are tax free and parents can gift the contribution to the account.
MENTIONED IN THIS ARTICLE
Roth
Also Mentioned on This Page
BIG
Leibowitz
Tony Bennett
Dizzy Gillespie
John Koss
Bobby Hackett
Sony
Alan Lofft
Audio Magazine
Lofft
Michael
Operation Clean Sweep
Texas
Milwaukee
Sue Sachdeva
Says
Laura Yeomans
Ohio Citizen Action
P.O
Dover
Lyeomans
Ohiocitizen.org
Yeomans
Consumer Watch
The
Federal Telephone
Attorney Generals Office
Better Business Bureau
Attorney General’s Office
Loyola University
Mundelein College
Ronna Lichtenberg
Gene Stone
Hyperion
Carol Kleiman
Chi
Carol Ikleiman
Internal Revenue Service
DiGesu
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