Trade deficit hits record as U S economy faces crisis
The Commerce Department reported a broad current account deficit of 283.4 billion dollars in 1998, up 50.4 percent from 1997. Fourth quarter gap narrowed slightly to 63.8 billion, while February sales rose 0.9 percent to 236 billion. Gas prices rise again as oil futures slip. FTC and state officials announce 33 enforcement actions against 67 defendants in internet pyramid schemes. Digital projectors push Hollywood toward a major tech shift led by George Lucas and Star Wars Episode I in May.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
America
Federal Trade Commission
George Lucas
Dow Near 10,000 as Oil Stocks Lift Market
The Dow Jones Industrial Average rose 124.60 to 9,897.44 as oil stocks and Coca Cola pushed intraday gains, but the index closed below the milestone at 9,897.44 after trading as high as 9,935.0. The Nasdaq gained 6.25 to 2,412.25, while the S&P 500 climbed 10.84 to 1,297.68 after peaking at 1,806.41, with volatility and sector shifts marked by gains in gold and health shares and losses in airlines, semiconductors, PCs, and software. Analysts noted 10,000 remains a major psychological barrier.
MENTIONED IN THIS ARTICLE
New York
Dell
3Com Corp
Dow
Coca-Cola Co
Bill Allyn
Jefferies & Co
New Jersey
Allyn
Robert Roman
Noel Catarina
Chicago Board of Trade
Roman
Catarina
Goodyear workers back plan to unify on safety and pay
A three day Goodyear conference with about 100 workers from 29 countries concluded with an agreement to cooperate on health and safety, share data on working conditions, assist in collective bargaining, and help organize non union workplaces across the company. Participants mainly from US and Canada also joined representatives from Guatemala, Colombia, Venezuela, Brazil, Chile and the United Kingdom.
MENTIONED IN THIS ARTICLE
Cleveland
Goodyear Tire & Rubber Co
Goodyear
United Steelworkers of America
International Federation
Becker
United States
Canada
Guatemala
Colombia
Venezuela
Brazil
Chile
United Kingdom
Wakeman brothers expand with two auto ventures
Wakeman gains two auto related businesses as Dan and Dave Buschur move Buschur Automotive and Buschur Racing to 24 West Main Street. Dan, returning home after 12 years in Elyria, aims to offer services excluding alignments and body work and plans to hire another mechanic. Dave runs mail order parts for Eagle Talon cars from Wakeman, with parts manufactured by his father Jim and distributed from local supplies. The brothers, longtime racers, hold speed records and have been featured in Turbo magazine. Contact numbers listed.
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Wakeman
Dan
Dave Buschur
Buschur Automotive
Buschur Racing
West Main St
Western Reserve High School
Conrad
Goodyear
Broad Street
Elyria
Dave
Chenango Road
Eagle Talon
Jim Buschur
Dan Buschur
Early activity in New York stocks on meat action list
NYSE listed meat action stocks drew early trading attention with mixed volumes and price swings across multiple companies. Notable entries include AmEx, AirTouch, Exxon and Amoco among others, showing varied gains and losses as opening prices moved. The ledger shows diverse volumes, highs, lows, and close figures across many names.
MENTIONED IN THIS ARTICLE
New York
Asrea
Gil Als
Amoco
Ae GerkDne
Ihn BankAm
Bamtil
Hale Bantex Om
Belsos
How to Get IRS Forms 24 Hours a Day
The note explains two 24 seven methods to obtain IRS tax forms and publications. If the public library is closed, use the IRS Fax Service at 703 368 9694 or download materials from the IRS Web site at wwwirsustreasgov. The tips are from AARP Tax-Aide Program for Lorain County residents.
MENTIONED IN THIS ARTICLE
IRS
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