Gates Buys Bettmann Archive in Major Photo Deal
Corbis announces acquisition of The Bettmann Archive from Kraus Organization expanding a 16 million image library. The move aims to digitize and license photos for software and online use with images spanning news, film, theater, music and fine art.
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Bellevue
Wash
Bill Gates
Bettmann Archive
Corbis Corp
Microsoft Corp
Bettmann
Kraus Organization Ltd
Corbis
New York City
RCA
Rockefeller Center
Bettmann and
Gates
Microsoft
Kraus
Philadelphia Museum of Art
Sakamoto Archive
National Gallery of London
United Press International
Otto Bettmann
United States
Europe
Libraries become new aid for investors amid broker concerns
Ohio Division of Securities has shipped an educational video to 200 libraries and cable systems statewide. The program titled What Every Investor Needs to Know covers how to choose a broker, common abuses, and dispute resolution, funded by a 1992 Salomon Brothers settlement.
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Ohio Division of Securities
Salomon Brothers Investment Company
Chrysler earnings fall 46 percent in Q3 results
Chrysler Corp. reports third quarter net earnings of 354 million dollars, 91 cents per share, down from 651 million and 1.76 per share a year earlier. Reduced minivan production, higher rebates, and Mexican economy weakness cited, with revenue at 19 billion. Chrysler Financial posted 87 million in Q3, while GM and Ford earnings anticipated to fall.
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Eaton
Chrysler Financial Corp
Midwest earns share of affordable markets in housing index
The Housing Opportunity Index shows 12 of the 25 most affordable markets in the Midwest with Lima and Mansfield in Ohio among the top 25. New York metro areas hold several top spots, while the West dominates the least affordable list led by San Francisco. The index reflects income, prices, taxes, and insurance across 187 metro areas.
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Jamestown
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New York
Jim Irvine
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Florida
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Ilinois
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Chicago
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Texas
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Ind
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Ind. Vineland
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Treasury auction shows lower short term rates
In Washington the Treasury sold 13.1 billion in three month bills at a 5.31 percent discount, and 13.1 billion in six month bills at 5.32 percent. The yields imply 5.47 percent and 5.56 percent respectively. The Federal Reserve reported one year bill yields dropping to 5.61 percent from 5.69 percent.
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Treasury
Treasury Department
The
Federal Reserve
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