Arnault eyes Gucci control as LVMH sues over stake move
Arnault's bid to gain a board seat at Gucci follows a 34 percent stake and a diluted share move prompting LVMH to sue. A Amsterdam court urged negotiation with a ruling due in April amid talks on independence or a full bid. LVMH also seeks minority board representation and new bets on cosmetics and fashion in coming months.
MENTIONED IN THIS ARTICLE
Gucci
LVMH
Amsterdam
Arnault
de Sole
Ford
Britain
Sunday Times
United States
Versace
Georgio Armani
DFS Group
Guinness
Grand Metropolitan
Overlooked Deductions May Trim Your 1998 Tax Bill
Experts urge reviewing deductions beyond the basics including mortgage points from refinanced loans and charitable expenses. If you refinance again, remaining points on the first loan may be deductible in full in a single year. Keep records of charitable mileage, parking, tools, stamps, and phone costs. New tax credits for 1998 include a $400 child credit and education credits up to $1,500 and $1,000. Student loan interest starts at $1,000 and rises to $2,500 by 2001.
MENTIONED IN THIS ARTICLE
John Gardner
Kpmg Peat Marwick
Internal Revenue Service
Slott
Garner
Advice on mutual funds and risk in portfolio planning
The article discusses expectations for fund performance and emphasizes that no one can predict future gains. It cites Martin Whitman on probabilistic investing and outlines a spectrum: stock funds offer high reward but high risk, bond funds moderate risk and reward, and money market funds the lowest rewards and risk. A diversified mix across categories is advised to balance risk and meet goals.
MENTIONED IN THIS ARTICLE
Denver
Martin Whitman
Third Avenue Funds Group
New York
Third Avenue Funds
IRSs e file promotion launches paperless tax filing pilot
Taxpayers receiving an IRS postcard about the new e file paperless tax return pilot program are urged to use a personal computer with a modem and approved tax preparation software or access an authorized IRS e file provider to file their 1997 returns. The notice notes software publishers and online filing companies offer options and directs readers to further information.
MENTIONED IN THIS ARTICLE
IRS
Tax tips from Steve Beiser and AARP aid program
Tax tips describe the TRS e file program as fast and fully paperless and note quicker refunds. The tips come from the AARP Tax Aide Program and urge callers to the American Red Cross at (440) 324 2929 for a free tax preparation site near them.
MENTIONED IN THIS ARTICLE
AARP
American Red Cross
Park rule disputes over age cap on mobile homes in Ohio
Residents across multiple Ohio counties question a 20 year age limit used by park owners to force removals or block sales. The Ohio Manufactured Home Park Law bans such interference and requires compliance with housing codes. Attorneys from Legal Aid and Legal Services advise steps including petitions to declare rules arbitrary and filing sales interference claims if needed.
MENTIONED IN THIS ARTICLE
Ashtabula
Bellevue
Brookfield
Chile
Delaware
Liberty Township
Niles
Madison
Warren and
Wooster
Lois Burnett
Andrea Cox
Warren
Clyde
Ohio
Tracy Hengst
Jim Buchanan
Southeastern Ohio Legal Services
Buchanan
Legal Services Network
Southeast
Ivan Redinger
Stark
Carroll
Tuscarawas
Wayne
Legal Services
New law changes student loan status for bankruptcy
Public Law 105-244 signed on October 7, 1998 shifted student loan dischargeability. Loans can only be discharged if repaying them causes undue hardship. All petitions filed on or after that date fall under the new rule. An undue hardship means enormous difficulty or strain, and seeking counsel from an attorney is advised.
MENTIONED IN THIS ARTICLE
Clinton
U.S
Law You Can Use: Ohio legal guidance column
Ohio consumers receive practical legal information from Tami Kamin-Meyer, a Columbus attorney and writer, in a weekly public service column prepared for the newspaper by the Ohio State Bar Association. This feature explains consumer rights, contracts, and common legal questions in clear terms.
MENTIONED IN THIS ARTICLE
Lawyers of
Ohio
Ohio State Bar Association
Tami Kamin-Meyer
Columbus
Tips to Stop Sabotaging Your Career Growth
Career coach Rochelle Teising explains self sabotage stems from unconscious fears and offers steps to take control. Procrastination lack of participation and resisting change are common forms, with emphasis on self awareness continuous learning and adding value to avoid derailing progress.
MENTIONED IN THIS ARTICLE
Selor
Teising
Maureen Gold
Baxter International Inc
Deerfield
Gold
Chicago
International Association of Career Management Professionals
Royce Eyes Small Stocks Rally Amid Tech Mania and Cash Cushion
Royce argues small caps can rebound strongly after downturns, citing an 89 percent rise for the S&P 500 versus under 20 percent for the Russell 2000 from 1996 to 1998. He notes internet stock mania has sidelined small caps, favoring big speculation, and he favors gradually increasing small-cap allocations while keeping cash as a buffer in a flat-rate outlook. He sees opportunities in distressed energy stocks and insurance-related fund managers, stressing prudent diversification and the value of cash as a waiting vehicle.
MENTIONED IN THIS ARTICLE
Royce
Standard & Poor
Wall Street
Also Mentioned on This Page
Steve Beiser
Irs.ustreas.gov
Laura Yeomans
Ohio Citizen Action
P.O
Dover
Lyeomans
Ohiocitizen.org
Yeomans
Laura
Consumer Watch
Higher Education
Rochelle L. Teising
San Francisco
Carol Kleiman
Chicago Tribune
Carol
Kleiman
Mag Food Label
Food and Brug
Nio
Shere
Syay
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