Sales tax increase takes effect next week in Ohio
Ohio residents and businesses learn a proposed penny sales tax hike will become law with the new two year budget. Tax officials mail notices to vendors and detail the expanded scope to services such as dry cleaning and storage facilities. Some shopkeepers say the change may ease in gradually while others worry about customer reactions.
MENTIONED IN THIS ARTICLE
Columbus
Phyllis Eke
Tam
Dry Cleaners
Janet Carson
Bob
Washington Court House
Bob Taft
Ohio Department of Taxation
Adelman
Richard Levin
Cuyahoga County
Titanium contract clash stirs Pentagon buying row
President Bush backs major U S firms against three titanium makers seeking Defense Department contracts that would allow foreign processed titanium. The dispute centers on Berry Amendment limits and Buy America rules requiring American-made materials, with House Armed Services Chairman Duncan Hunter aligning with domestic producers.
MENTIONED IN THIS ARTICLE
Washington
Bush
Pentagon
Boeing Co
Lockheed Marin Corp
Defense Department
RTI International
Metals Inc
Timeg Co
Alegheny Technologies Inc
Tanare
House
America
House Armed Services Committee
Duncan Hunter
R-Calif
United States
Amazon’s tech becomes valuable product for retailers
Amazon.com founder Jeff Bezos markets its technology as a stand‑alone product. Retailers like Target, Toys R Us, and Gap use Amazon’s tech to run or host their sites, while Amazon Services handles the tech side and earns fees, driving steady future revenue even if book sales stall.
MENTIONED IN THIS ARTICLE
Seattle
Amazon Com
Jeff Bezos
Amazon
Target Corp
Toys *R” Us Inc
Gap Inc
Mark Stabingas
Amazon.com
Stabingas
Toys “R” Us
Gap
Nordstrom Inc
Amazon’s
Merchant.com
Target
Borders Group Inc
National Basketball Association
Tires to Undergo New Safety Tests
Washington AP report details new federal tire safety standards required by 2007 for passenger car and light truck tires. NHTSA says changes stem from 2000 recalls of Firestone tires, with 5 to 11 percent of tires likely redesigned. cost about 31.6 million, saving at least four lives and 102 injuries annually.
MENTIONED IN THIS ARTICLE
Washington
Congress
National Highway Traffic Safety Administration
NHTSA
Jeffrey Runge
Companies cutting benefits says survey finds rising costs
The 2003 Benefits Survey by the Society for Human Resource Management shows over 90 percent of 584 HR managers report health care cost increases in 2002 and 2003. Many employers dropped benefits like HMO coverage and well-baby and prenatal programs while expanding other health related offerings such as prescription drug assistance and cancer insurance.
MENTIONED IN THIS ARTICLE
Society For Human Resource Management
National Association
Markets tumble as Dow slips over 120 points on profit take
Stocks fell sharply on Monday as investors took profits with little fresh news. The Dow dropped 12.80 to 9,072.95, the Nasdaq slid 33.97 to 1,610.75, and the S P 500 fell 14.05 to 981.64 amid expectations of a Fed rate cut. Tenet Healthcare fell 4.22 to 12.01 after a weak second quarter earnings outlook.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Open Market Committee
Fed
Richard A. Dickson
Lowry
Palm Beach
Fla
Dow
Standard & Poor
Battipaglia
Tenet Healthcare
Dollar gains on modest Fed cut hopes but slips vs others
The dollar steadied after traders priced in a modest 25 basis point rate cut by the Fed at its two day meeting. The euro fell to 1.1544 dollars while the dollar slid to 117.62 yen and 1.3248 Swiss francs, with the pound rising to 1.6681 dollars as risk of capital outflows eased.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Federal Reserve
Fed
U.S
Also Mentioned on This Page
Taxation Department
Mike Adelman
Cable
Carson
Ohio
Titanium Sparks
The
Washington Post
Amazon Services
Jason Kilar
Nordstrom
NBA
Knight Ridder
Joseph V. Battipaglia
Ryan, Beck & Co
S&p
James Ai
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