Lottery windfall prompts advice on education and investment
A reader asks if spending lottery winnings on education is an investment for future earnings. Bruce advises investing in personal skills, suggesting training to improve marketability and career fulfillment, while noting careful consideration of leaving current jobs. Another reader inquires about Babe Ruth watch value. Bruce directs to the Jewelry Information Center for guidance.
MENTIONED IN THIS ARTICLE
Bruce
Portersuilie
Cali
Readers can mail questions to Smart Money column
People are invited to send questions to Smart Money at P O Box 503 Elfers FL 34680. General inquiries may be answered in future columns but personal replies cannot be provided due to high mail volume.
MENTIONED IN THIS ARTICLE
Smart Money
P.O. Box
Elfers
Roadway Package System grows into third in market share
CORAOPOLIS PA AP Roadway Package System started with fewer than 100 workers and a basic phone setup in 1985 to challenge United Parcel Service. By the late 1990s it had about 1.2 billion in annual revenues, focusing on business customers with non union drivers paid per package. FATHER Pat Reach, Bram Johnson, Satish Jindel and others note rapid growth, with drivers making over 100 stops in an 11 hour day and salaries surpassing 70 000 as the firm opens a 40 million headquarters in Moon Township near Pittsburgh International Airport.
MENTIONED IN THIS ARTICLE
Coraopolis
United Parcel Service
Pittsburgh
Roach
RPS
Moon Township
Pittsburgh International
Ree
Roadway Services Inc
Akron
AFL-CIO race under way with contest between Donahue and Sweeney
The AFL-CIO opens its convention in New York as Thomas Donahue and John Sweeney vie for the top job in a race the leaders say could reshape the federation. Donahue courts construction unions amid reports of shifting support, while Sweeney argues the race is deciding the federation’s future. The 13.3 million member group seeks a more active voice for workers.
MENTIONED IN THIS ARTICLE
New York
Thomas Donahue
John Sweeney
AFL
CIO
Afl-Cio
Sweeney
Donahue
Lane Kirkland
Carpenters
United Brotherhood of Carpenters
Laborers International Union
Service Employees International Union
BankAmerica NationsBank discuss possible merger to create largest U.S. bank
BankAmerica discussed with NationsBank a potential merger that would surpass rivals to form a coast-to-coast giant with over 400 billion dollars in assets. No guarantee of completion, past near deals failed over succession and headquarters location issues, while broader merger chatter intensifies among major banks.
MENTIONED IN THIS ARTICLE
BankAmerica Corp
North Carolina
NationsBank
BankAmerica
San Francisco
Wells Fargo & Co
First Interstate Bancorp
Los Angeles
New York
Chase Manhattan Corp
Chase
Chemical Banking Corp
Charlotte
N.C
South
West
Wall Street
Combined Chemical and Chase
Citicorp
Nations Bank
Searc
Japanese official urged cover up in Daiwa trading loss case
Ex Daiwa official Hiroyuki Yamaji testified that a Finance Ministry official tacitly urged delaying the disclosure of a 1.1 billion dollar loss at Daiwa Bank New York. He said the bank asked the trader to keep the cover up via illegal bookkeeping for over a month after the problem emerged.
MENTIONED IN THIS ARTICLE
Tokyo
Finance Ministry
Daiwa Bank
New York
Bank
Daiwa
Hiroyuki Yamaji
Asahi Shimbun
Yamaji
U.S
Finance Ministry Banking Bureau
Yoshimasa Nishimura
Toshihide Iguchi
Also Mentioned on This Page
R.N
East Orange, NJ
Dear K.H
Try the
Jewelry Information Center of America
West 19Th St
The
Jewelry Information Center
Bruce Williams
Pat Reach
Bram Johnson
Roadway Package
UPS
Satish Jindel
APS
Vermont
Sabra Field
the Press
East Barnard Vt
Field
HmeDep
Vo Guard
LNB
Bancorp
Baise
Pierre R_ Smith
Lesco Inc
Salona
Mid-Am. Inc
Saralee
Alltel
Nordson ArTouch
Dugital
Bry
Northern Savings Aiglad
Disnay
Schwabs
Ohio Edison
Bae Sears S
Ta P.N.C
Enron
imiGor
Parker Hannifin
Chrysler Reliance Elect
Argorur
Etyt Exxon
Tove Ti & Mate
Co Bancomp Inc
Columbia Gas
Royal
Saictic
Sherwin Willams
GPC Inter. Inc
HK Motorola Ao
Talarga
Smuckers/SJMA
Barknyide
Eaton Com
GankAr
Texas Unies
Bamaxs
Bath
Natnak
Englehard
T.rw
GarEles
Va Teyru
Ford
CanPe
Fe Norwest
General Motors
Woolworth
F.W
York
Goodach
WalMart
American Heart
Bil&t
Hanson
Bae
AB Yan
Va Whitms
Hills Dept
Cie
Haman
Invacare
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