Paying off student loans versus smart investing
Bruce Williams advises a young physician to treat 120000 debt as cheap money and invest cautiously for long term gains. He warns against overindulgence and suggests disciplined investing, not reckless spending, to build wealth. He also weighs parental expectations for a 19 year old college freshman buying a 17000 mini truck, endorsing some adult responsibility like contributing at home.
MENTIONED IN THIS ARTICLE
Bruce
T.S
N.C
Cincinnati
Opening stocks and active NYSE movers listed
Early NYSE prices for active stocks are shown with many ticker fragments. Notable names are unclear due to garbled text, but the report highlights a snapshot of the opening session and the day’s most active issues.
MENTIONED IN THIS ARTICLE
New York
Florida tobacco punitive damages trial nears jurors
A Florida jury that found tobacco firms conspired to sell a dangerous product moves to consider punitive damages in a landmark class action suit filed by about 500,000 sick Florida smokers. Industry leaders prepare to testify as the case heads toward a verdict on billions in penalties.
MENTIONED IN THIS ARTICLE
Miami
Florida
Big Tobacco
Dick Daynard
Northeastern University
Indus
Microsoft
Bill Gates
Bill Clinton
Jacobson
Robert Kaye
WPP Group to Buy Young & Rubicam in $43 Billion Deal
Britain's WPP Group PLC agreed to acquire U.S. advertising giant Young & Rubicam Inc for 43 billion in stock. The merged firms would court major clients Ford Kraft and Sears, expanding a two company powerhouse in global advertising.
MENTIONED IN THIS ARTICLE
Ina
Britain
WPP Group PLC
U.S
Young & Rubicam Inc
Ford Motor Co
Kraft Foods
Sears, Roebuck & Co
GAO flags flaws in ATP as Accuwave funds backfire
GAO reports the Advanced Technology Program wastes public funds by duplicating private research. Accuwave, a Santa Monica firm, received 2 million for optical fiber signaling gains but went bankrupt in 1998, while bigger rivals like Bell Labs Nortel and Ciena advanced the field. Critics say ATP failed to deliver lasting economic benefit.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Accuwave Corp
Santa Monica
Calif
Commerce Department
Accuwave
United States
Europe
Japan
Commerce
Mickey Kantor
U.S
Congress
ATP
House Science Committee
General Accounting Office
GAO
Bell Labs
Nortel Networks
Ciena Corp
Ciena
Accurave
GM to add side curtain air bags to Saturn models later this year
General Motors plans curtain style side air bags for 2001 Saturns, unrolling from the roof to protect heads in crashes. Dual stage bags will roll out next year on larger GM sedans, with a reduced full power option to cut injuries. A passenger air bag suppression system is not yet ready for production due to testing issues.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Saturn
Jim Khoury
Mohan P. Thomas
Also Mentioned on This Page
Bruce Williams
Bray
Sano
Shem Weyer
Akin Investment Securities
Walnut Street Securities, Inc
NASD
SIPC
AISGG
WSS
Vite
American Greetings
Area Dept Stores
Bob Evans
Detar Fair
Cleveland
Indiana
Columbia Energy Group
CVS Corp
DaimterChrysler
Emeraan Electric
Engiehard
Bvacare Corp
Reycorp
Lwer
LNB Bancorp
LTV
Leeco
Nordson Corp
Northern Savinga
Office
PNC Corp
Strarvin Withers
Sky Financial Group
Smuckers
Sunbee Medical
TRW Inc
USX
York
Todahay
Try
David Adelman
Morgan Stanley
Dean Witter
Peter Jacobson
University of Michigan
WPP Group
Ogilvy & Mather
WPP
United Kingdom
London
Ameritrade
IBM
Merrill Lynch
Unilever
PepsiCa, Crugreuy
At&t
Wees Onin
Caly & Mathers
Young It
Rubee
Young & Rubicam
PepsiCo
St. Petersburg
Lego
Los Angeles
Lego Racers
Lego Action Team