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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 12, 1998

Page

8

Inheritance taxes and charity bequests discussed

Dear readers discuss state inheritance taxes and federal exemption amounts. A.S. questions fairness and Bruce notes state taxes vary and a $600,000 federal exemption exists. L.D. asks about using shares for scholarships after death. Bruce advises contacting institutions to set up bequests and to plan for ongoing care with legal help at their expense. The tone favors thoughtful planning and charity.

Bruce A.S Elmira L.D Santa Maria Calif

Questions for Smart Money Column Opens Mailbag

Readers may send questions to Smart Money at P O Box 503 Elfers Florida 24680 or via the email bethlilgte net General interest queries will be answered in future columns Personal replies cannot be provided due to high volume

Smart Money P.O Elfers Bethlilgte

Merrill Lynch to lay off 3 000 workers worldwide

Merrill Lynch plans the largest round of job cuts in the current turmoil announcing 3000 layoffs across its global staff of 64000. The reductions hit fixed income and emerging markets, with Moscow shrinking from 17 to under half. Citigroup and other banks also trimming staff amid earnings shifts.

New York Merrill Lynch U.S Citigroup Citicorp Travelers Group Merrill Moscow ING Barings Daiwa Securities Japan

Bobel's Office Plus expands to Amherst site

Bobel's Office Plus opened at 1953 Cooper Foster Park Rd in Amherst occupying a 3,300 square foot former supermarket. John Bobel, vice president, says the move from Elyria and Lorain improves stock to 3,500 SKUs and boosts furniture sales and service in a highly competitive market.

Amherst Bobel’s John Bobel Elyria Lorain Cooper Foster Park Rd Bobel Libby Adkins

Insurers face more criticism over Medicare HMO losses

Anthem Blue Cross and Blue Shield faced hospital complaints over billed costs from the Medicare HMO risk pools in Senior Advantage after ending the money-losing program in 22 Ohio counties. Hospitals say details on deficits and charges are lacking while Anthem defends the arrangement as common and says patient care remains unaffected.

Dayton Anthem Blue Cross Blue Shield Ohio Anthem Robin Nichols Greene Memorial Hospital Tve Dayton-area Senior Advantage Nichols Kendra Overbeck Overbeck

Opening Stocks Early Most Active Stocks on Wall Street

Early NYSE prices show mixed performance for active stocks with Amas, At&T, IBM, Coca Cola, Exxon among notable moves. Investors watch cross sector changes as volumes shift and modest gains and losses appear across multiple blue chips.

New York NYSE de AberFitch Atcoa Amocos Dave Zip NYS BkBosis

Also Mentioned on This Page

Bruce Williams Wall Street Kets Spain Santander Investment Asia Europe Flemings of Britain London Bobel and Business Associates Babel Ada Lynda Ryan Cader DuPont Exxon BOM Bing Fords FredMac Furnas GniMolr Gillettes Ghbm Goodyea Halfibtr Himgts Hithsth Hewlett Hilton Homebp Hmstke Houshint Indyenac IBM InPap X Mat Bog Lehane Ulyel Toval Lowes MSC Ind Monson Morgan BO WalMart Akin Investment Securities Walnut Street Securities, Inc NASD SIPC AISG Allied Corporation Allies American Greetings Bob Evans Farms Cedar Fair Chrysler Columbia Energy Cvs First Energy Ford Motor General Motors BF Goodrich Dent Invacare Corp Keycorp Rough Lear LTV LNB Bancorp Lesco Inc Limited Mid-Am. Inc. NA Nordson Northern Savings Me P.N.C. Corp Parker Hannifin RPM Inc Sherwin Wiliams T.rw York International Secution Street Secur‘tes, Inc Aneet Managere Ennlhiye
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