MAY '98 ARCHIVES
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May 31 -- Managers learn to use humor
to get their messages across: DALLAS -- It's 8:15 in the
morning, and Gavin Jerome is already sweating.
May 31 -- North
Texas HMO being sold: DALLAS
(AP) -- After losing $9 million in the first quarter, Kaiser Permanente
announced Friday it was selling its North Texas HMO to Sierra
Health Services Inc.
May 31 -- Internet
warnings bringing old telephone scam back to life: DALLAS (AP) -- "Please beware. This sounds
like an urban legend -- IT IS NOT!!!" screams an e-mail warning
about an old and obscure telephone scam.
May 31 -- Wheat
growers may soon be eligible for POP payments (J.T. Smith):
Wheat prices have eroded to where
producers of hard red winter wheat (HRW) may soon be eligible
for loan deficiency payments (LDP) or so-called "POP"
payments.
May 31 -- Asian
flu or Asian comeback? (Guest Column): Headlines
late last year carried the story of instability in the Asian economies.
As currencies were devalued and foreign stock markets fell, business
reporters began drawing the conclusion that the era of unrestrained
growth in Asia had come to an end. People like Singapore's senior
minister Lee Kuan Yew take a different view. Why?
May 31 -- Farm
export projections fall another $1 billion for 1998: WASHINGTON (AP) -- Farm export projections for
1998 were lowered Friday by $1 billion due to the Asian economic
crisis and increased foreign competition in corn and wheat, the
Agriculture Department announced.
May 31 -- Abilene
construction industry doing well:
Abilene's construction industry is buzzing along.
May 31 -- Business
Notebook: News and notes of
interest to the local business community.
May 31 -- Regulators
OK Amtrak freight business: WASHINGTON
(AP) -- Amtrak won government approval Friday to significantly
expand its delivery of express packages and time-sensitive freight
shipments.
May 30 -- Conspicuous
consumption: Trying to save
money by staying home and watching television instead of going
out?
May 30 -- Americans
dip into savings to maintain spending:
WASHINGTON (AP) -- Americans enjoyed solid advances in their incomes
last month, but they increased spending at an even faster rate
and cut back on saving. That can't last, economists said.
May 30 -- In
Microsoft case, government asks 'What if?': WASHINGTON (AP) -- Rich Schinnell bought his first
home computer in 1981 for $6,000, an IBM that by today's standards
is more akin to an abacus than a powerful desktop machine.
May 30 -- Business
people can build companies, help careers (Doug Williamson):
Area business folks will have an
opportunity to build their companies and help their own careers
next week.
May 30 -- Unethical
behavior in offices -- see if you're guilty: Look to your left. Now to your right. Do you see
anyone sneering with a mustache and a black stovepipe hat?
May 30 -- Workplace
incivility costs companies money, study shows: RALEIGH, N.C. (AP) -- They're everywhere, it seems:
the supervisor who walks out during an employee presentation,
the manager who overrides decisions without explanation, the boss
who chews out employees publicly.
May 30 -- China
cotton supply and local dry conditions cloud cotton picture
(J.T. Smith): This farm editor has
traveled extensively throughout the Rolling Plains and can report
-- at this writing -- that most areas still don't have enough
moisture to plant cotton.
May 29 -- AMD
to introduce new chips Friday 'unlike anything Intel has': SAN JOSE, Calif. -- Advanced Micro Devices will
attempt to escape Intel Corp.'s long shadow Friday when it introduces
a new processor "unlike anything Intel has."
May 29 -- Rapid
growth in the first quarter:
WASHINGTON -- The economy sprinted at a 4.8 percent annual rate
during the first three months of 1998. But declining corporate
profits, a deteriorating trade balance and a record buildup of
unsold goods suggest a sharp slowdown ahead.
May 29 -- Finnell
taking on Texas Natural Resources Conservation Commission: Like its very name -- the "Texas Natural Resources
Conservation Commission" -- TNRCC is big.
May 29 -- After
farmer outcry, Gore slows EPA pesticide review: WASHINGTON (AP) -- Farmers should expect eventual
cancellation of some widely used pesticides under a new food safety
law, Clinton administration officials said Thursday. But a new
review spurred by Vice President Al Gore is aimed at ensuring
agriculture doesn't suffer too much.
May 29 -- United
HealthCare, Humana to merge in $5.5 billion deal: MINNEAPOLIS (AP) -- United HealthCare Corp. is acquiring
Humana Inc. in a $5.5 billion merger of managed health care giants,
the companies said today.
May 29 -- Reports:
Government drawing up antitrust case against Intel: WASHINGTON (AP) -- The government is drawing up
a civil antitrust case against Intel Corp., claiming the company
abused its monopoly of the computer chip market, according to
published reports.
May 29 -- TV commercials
giving viewers an earful: WASHINGTON
(AP) -- TV watchers are getting an earful from Madison Avenue.
May 28 -- Drought
in Mexico is affecting cattle ranchers (J.T. Smith): Problems in Mexico go beyond the haze from the
many fires that have been burning there.
May 28 -- Companies
need positive environment to retain workers: A "rotten" atmosphere. It's something
companies have to clean up if they want to retain qualified workers,
according to Steve Hunt, senior consultant of SHL USA, a human
resource consulting firm headquartered in London and with offices
worldwide.
May 28 -- Need
a browser? You have good choices beyond the big two: If you're sick of the browser war, and the two main
combatants -- Netscape's Navigator and Microsoft's Internet Explorer
-- there's hope. Without much publicity, some alternative Web
browsers have begun to appear.
May 28 -- Software
makers don't deserve protection for junk programs: "NOTICE: Reading this column confirms your
acceptance of the following terms:
May 28 -- Internet
sites where you can research, get quotes on cars: Here's a sample of some Internet-based services
that specialize in putting car buyers and dealers together, and
sites that specialize in providing information about new and used
cars.
May 28 -- Appreciating
gifts for the graduate: NEW
YORK (AP) -- Looking for that special gift to give a high school
or college graduate? Think three letters, for starters.
May 28 -- The
truth investors don't want to hear on index funds and market soothsayers: The numbers don't lie. But investors, it seems,
don't want to hear the truth.
May 28 -- Ethics
gap provides big dilemma for businesses: "Good ethics is good for business," according
to Frank Bucaro, an Elgin, Ill.-based speaker and trainer on business
ethics and values.
May 28 -- Applying
old Indian principles to a small business: Deepak Chopra has become one of the most well known
people in the field of alternative medicine. Chopra is an M.D.
who practiced traditional Western medicine for the first 10 years
of his career and then discovered the ancient Indian approach
to health care called Ayurveda. His books include "Perfect
Health," "Quantum Healing" and "The Seven
Spiritual Laws of Success."
May 28 -- How
to get promoted at work: Some
tips
May 28 -- Families
and communities can benefit from rise in home-based work: The trend toward working at home has grown to the
point where it could begin to transform home and neighborhood
life. Whether it actually does so, though, is an open question.
May 27 -- Notable
new software: A few more software
releases of note fill today's space while I digest the Department
of Justice's complaint against Microsoft Corp.
May 27 -- Convention
centers compete to prove who's largest: After
13 years, the nation's second-largest trade show, the Super Show,
is threatening to leave Atlanta for larger digs.
May 27 -- Glickman
to fight entry of subsidized grain exports from Europe (J.T. Smith): U.S. Ag Secretary Dan Glickman wants the European
Commission to back off sending subsidized barley into the United
States.
May 27 -- Choosing
a legal form for a small business: For
15 years Mary Kiepe ran her catering business as a sole proprietorship:
she owned it, she was responsible for everything.
May 27 -- Flame
on: How to avoid being charred online (Brian Bethel): One of the great things about writing columns is
that you can freely express your own opinion.
May 27 -- Dow
10,000 bug -- smoke or fire?:
NEW YORK -- While the world struggles to avoid a year 2000 computer
crash, a prominent technology consultant warns some Wall Street
computers could go berserk once the Dow Jones industrial average
crosses 10,000.
May 24 -- Hay
crops show signs of drought: COLLEGE
STATION (AP) -- Without a good rain in the next few days, Texas
hay producers will end up cutting profits instead of their hay
fields, the Texas Agricultural Extension Service reports.
May 24 -- Homeowners
finding obtaining equity loans a frustrating experience: DALLAS -- Carl Wolff wanted to get some cash out
of the six-figure investment he'd already made into his home,
so he applied for a home equity loan when the state opened the
door to such lending.
May 24 -- New
York stock exchange ponders trading places: FOR SALE OR LEASE: One Exchange Floor, Lower Manhattan,
36,000 sq. ft, Corner of Wall & Broad Sts., Marble walls,
Gilded ceiling. Lifetime supply of ticker tape included, Views
of New York Federal Reserve bldg.
May 24 -- ARN
hires new advertising director: David
L. Mercier has been named advertising director of the Abilene
Reporter-News.
May 24 -- Government
has strong, classic antitrust case, experts say: Legal experts say the Justice Department, in what
is shaping up as its most significant antitrust suit in decades,
appears to have a strong case against Microsoft Corp.
May 24 -- Business
Notebook: News and notes of
interest to the local business community
May 24 -- Greater
Hill Country Hereford tour to feature some top cattle (J.T. Smith): An excellent ranch tour is just around the corner.
May 24 -- Local
wrecker service owner receives national recognition: It takes a real man to drive a wrecker custom-painted
pink and summer sky blue.
May 23 -- Wheat
harvest much better than expected so far ( J.T. Smith ): Surprise. Throughout the Abilene region, test weights
as well as wheat yields are coming in far better than anticipated
as harvest moves into high gear.
May 23 --
Judge to Bill Gates: Get ready for an
early trial: WASHINGTON (AP) - Get ready to go to court,
a federal judge told Microsoft on Friday. Asked to wait at least
seven months before making his first ruling in the dramatic antitrust
case filed against the world's most powerful software company,
a federal judge instead put things on the fast track.
May 22 -- Beef
research figured into new computer model (J.T. Smith): Ranchers can now tap into up-to-date research via
a new computer model that helps farmers and ranchers match their
feed and genetic resources to best meet the demands of the marketplace.
May 22 -- As
this house might say, 'buy me': No,
this isn't a hallucination and the house isn't possessed. This
Abilene house really does talk.
May 22 -- Adjusted
unemployment rate dips again:
Figures released by the Texas Workforce Commission Thursday show
April's seasonably adjusted unemployment rate down to 4.5 percent
from 4.7 percent in March.
May 22 -- April
tax surge puts government on track for first surplus since 1969:
WASHINGTON - The government
reported a record $124.6 billion budget surplus in April, virtually
ensuring the year will finish in the black for the first time
since Richard Nixon's first year in the White House.
May 22 -- Microsoft
asks for 7-month delay in preliminary injunction: WASHINGTON - On the eve of its initial court appearance
in a historic antitrust case, Microsoft Corp. asked a federal
judge today to delay for at least seven months the government's
demand to make changes to Windows 98.
May 22 -- Netscape
avoids role of 'victim': Netscape
Communications, the Internet browser pioneer at the center of
federal and state antitrust charges against Microsoft, doesn't
want to go down in history as "the victim."
May 22 -- Greenspan
cautions Asian crisis could still widen:
WASHINGTON - While noting some encouraging developments, Federal
Reserve Chairman Alan Greenspan said today the Asian financial
crisis remains highly volatile with the threat it could spread
to other parts of the world.
May 21 -- Asian
woes swell U.S. trade deficit:
WASHINGTON (AP) -- The Asian currency crisis hit America full
force in March, pushing the month's trade deficit to a record
$13 billion. Trade gaps with Japan and China soared as imports
of cars and food climbed to the highest levels ever.
May 21 -- FLBA
of Texas elects directors at stockholders meeting: The Federal Land Bank Association of Texas held
area stockholder meetings in Coleman, Brownwood, Haskell and San
Angelo and chose directors.
May 21 -- House
makes it tougher to impose mandates on private sector: WASHINGTON (AP) -- The House voted Tuesday to give
lawmakers another tool to block legislation that imposes new costs
on private businesses. The administration strongly opposed the
measure, saying it could stop legislation that is in the public
interest.
May 21 -- Slow-cranking
justice system could make Microsoft lawsuit obsolete: NEW YORK (AP) -- A couple of years is a lifetime
in the technology business -- look how the Internet exploded from
nowhere. And that, some say, is precisely the problem with the
government's legal action against Microsoft Corp.
May 21 -- Crude
oil futures continue sharp losses: Crude
oil futures prices Wednesday plunged a second day on the New York
Mercantile Exchange after an industry group reported inventories
rose more sharply last week than had been expected.
May 21 -- Plains
Cotton Cooperative completes acquisition of Mission Valley: Plains Cotton Cooperative Association (PCCA) of
Lubbock said Wednesday that it had completed its acquisition of
Mission Valley Textiles, Inc. (MVT).
May 21 -- Don't
let less visibility of fire ant mounds fool you this season
(J.T. Smith): Some friends told
me that they haven't seen as many fire ant "mounds"
this year.
May 20 -- About
time someone tried to rein in Microsoft (Brian Bethel): Monday morning, my e-mail box was flooded with press
releases and links to commentary about Microsoft being sued by
the U.S. Department of Justice.
May 20 -- Fed
makes no change in interest rates:
WASHINGTON -- The Federal Reserve today opted to hold short-term
interest rates unchanged, choosing the safest course in the face
of continued political and economic turmoil in Asia.
May 20 -- Columbia/HCA
selling 22 hospitals: NASHVILLE,
Tenn. (AP) -- Columbia/HCA Healthcare Corp. on Tuesday announced
plans to sell 22 hospitals to a o consortium for $1.2 billion
as part of efforts to get smaller and concentrate on improving
patient care.
May 20 -- Drought
and foreign markets have attention of peanut growers: Mary Webb had both good and bad news at the Texas
Peanut Producers Board meeting at the Embassy Suites in Abilene
Tuesday.
May 20 -- TDA is
accepting applications for export matching funds (J.T. Smith):
Companies that seek export assistance
for high-value agricultural products sold under a brand name can
apply to the Texas Department of Agriculture for funding in the
1998 Market Access Program (MAP) by June 8.
May 20 -- Texas
outpaces other states in high-tech job growth: AUSTIN (AP) -- Texas' high-tech industry added
69,000 jobs between 1990 and 1996, more than any other state,
according to the American Electronics Association.
May 20 -- Workers
deluged by daily e-mails, voicemails, faxes: NEW YORK (AP) -- Do you feel flooded by faxes and
memos, overwhelmed by e-mails and voicemails? You have good reason.
May 19 -- Rule
co-op is ready for wheat harvest when grain ripens (J.T. Smith): RULE - Directors were elected at the 89th annual
Rule Co-op Gin and Elevator meeting here Saturday night. The 140
attending the dinner and meeting also heard a report on the co-op's
expanded handling capacity for grain.
May 19 -- An
apple eaten away from the inside: LONDON
- Steve Jobs, charismatic founder and interim CEO of Apple Computer,
took the stage at a conference recently to announce a new software
operating system, the final piece to the struggling company's
rescue strategy. As he did so, Jobs performed a typically outrageous
piece of legerdemain.
May 19 -- Federal
Reserve once again expected to hold interest rates steady: WASHINGTON (AP) - Despite signs they're nervous,
policy-makers at the Federal Reserve meeting on Tuesday probably
will decide to keep interest rates unchanged a while longer.
May 19 -- Stocks
fall for third straight session:
NEW YORK (AP) - Stocks fell for a third straight session Monday
amid continued unease about the government's legal assault on
Microsoft and Tuesday's Federal Reserve meeting.
May 19 -- Dillard's
to pay $2.9 billion for Mercantile Stores: Dillard's department stores will swallow its rival
Gayfers under a buyout announced Monday, creating a retail chain
with stores in every major Central Florida shopping mall. Dillard's
Inc. will pay $2.9 billion in cash for Mercantile Stores Company
Inc., which owns the 23-store Gayfers group and 96 other stores
that operate under 12 different names.
May 19 -- Summer
Computer Camp starting in June at McMurry: WEBVANA '98, a week-long computer summer camp for
teens, is booting up June 15. Campers will learn how to execute
Windows 95's mind-boggling number of tasks on top of basics such
as file copying, opening, closing and moving windows about the
desk top.
May 19 -- Gates
vows he won't repeat the IBM mistakes that led to Microsoft's
empire: A combative Bill Gates
on Monday vowed at a session with reporters not to repeat the
mistakes International Business Machines Corp. made two decades
ago when Big Blue stood where Microsoft Corp. stands today.
May 17 -- Volkswagen
recalls all its New Beetles: Volkswagen's
New Beetle already has a bug.
May 17 -- Business
Notebook: News and notes of
interest to the local business community
May 17 -- Vending
machine operators are excited about the new $1 coin: The battles of summer are many, but perhaps none
are more frustrating than the fight to feed a $1 bill into a vending
machine.
May 17 -- Workers
"privatize" their retirement funds: NEW YORK (AP) -- Concerned about their financial
future, America's households have made a decision that Washington
has repeatedly shrunk from facing. They are mentally discounting
Social Security and investing for retirement.
May 17 -- Making
guitars a labor of love for Martin CEO: NAZARETH,
Pa. -- Learning to play the guitar was too much work for Christian
F. Martin IV. But running one of the world's oldest and most respected
guitar companies is a labor of love.
May 17 -- Workers
form co-op to save closed plant:
DAWSON, Ga. (AP) -- The workers bring their own soap, paper towels
and toilet paper. They take turns cleaning the bathrooms.
May 17 -- Abilene's
housing market has recovered:
Once a for-sale sign went up on the run-down house across the
street, Earle McMillan knew he just had to buy it.
May 17 -- Two months
of drought has left pastures parched and planting behind (J.T.
Smith): Lots of lightning. Little
rain. But the few drops in the storm passing through parts of
the Abilene region early Friday were still appreciated since they
helped settle some of that dust/smoke out of the air.
May 16 -- Stephens
County shines at District III 4-H contests: PALO PINTO -- Stephens County 4-H'ers from Breckenridge
came through with big wins in the 1998 District III Range, Grass
Identification and Soils Contests here.
May 16 -- Appeals
court upholds restrictions on regional Bells: WASHINGTON (AP) -- A federal appeals court upheld
the government's restrictions on how regional Bell telephone companies
provide sports scores, stock quotes and other electronic publishing
services.
May 16 -- Forth
Worth couple to open campground in Baird: BAIRD -- Gene and Donna Thompson may be becoming
the motel moguls of small-town West Texas.
May 16 -- Low wheat
prices renew interest in government loan program: The local wheat price in Abilene throughout this
past work week ranged from about $2.75 to $2.80 per bushel.
May 16 -- Union
Texas investors fear impact of Indonesian trouble: NEW YORK (Dow Jones News) -- The stock of Union
Texas Petroleum Holdings Inc. slipped nearly 5 percent Friday
on speculation that escalating political turmoil in Indonesia
could affect the company's pending merger with Atlantic Richfield
Co.
May 15 -- Youngsters
hear electrifying stories at safety camp: If your hair suddenly sticks straight up in the
air -- you may be having a "bad hair day" -- but if
thunderclouds are overhead, it could be worse.
May 15 -- Insurance
industry facing uncertainty about future: Consolidation and diversification trends in the
financial services industries have left many estate planners and
life insurance salesmen scratching their heads over what the future
will bring.
May 15 -- Lawrence-managed
food stores cut employee turnover: A
group of area food stores has cut their employee turnover in half.
May 15 -- Microsoft
delays shipping Windows upgrade to avert antitrust suit: WASHINGTON -- In a last-ditch attempt to avert
federal antitrust lawsuits, Microsoft agreed today to delay shipping
the upgrade to its popular Windows software to computer makers
until Monday so that negotiations with the government can continue.
May 15 -- Wheat
leaders say $500 million in grain sales lost to Cuba alone: U.S. economic trade sanctions, including the sanction
with Cuba, are keeping American wheat out of key world markets
while not achieving desired sanction results.
May 15 -- Scripps
to make public offering of common stock: CINCINNATI (AP) -- The Edward W. Scripps Trust,
controlling shareholder of The E.W. Scripps Co., plans to sell
3.5 million of the media company's Class A common stock to the
public.
May 14 -- American
Express plan to market customer information draws fire: NEW YORK (AP) -- American Express Co. drew fire
from privacy groups Wednesday after announcing it is in a venture
to sell extensive information on its cardholders to merchants.
May 14 -- Security
State names new president: Gary
R. Galbraith has been named president of Security State Bank.
May 14 -- Traditional
malls enjoying resurgence: AUSTIN
-- Virtual malls on the Internet, home shopping on TV and browsing
through catalogs have pulled shoppers from traditional malls for
years.
May 14 -- Texas
Peanut Producers elect directors: GORMAN
-- The Texas Peanut Producers Board has chosen directors through
its 1998 biennial election and referendum.
May 14 -- South
Korea beefing up purchases of U.S. meat (J.T. Smith): Some good news for cattle raisers. South Korea
used all of its latest $60 million received in export credits
to buy U.S. beef. In fact, South Korea exhausted the USDA GSM-102
allocation in a single day for red meat.
May 14 -- Texas
wheat production up 1 percent: AUSTIN
(AP) -- The state's 1998 winter wheat crop is forecast at 120
million bushels, a 1 percent increase over last year and a 59
percent jump from 1996.
May 14 -- Higher
tax refunds expected in 1999, IRS says: WASHINGTON
(AP) -- Many taxpayers can expect higher tax refunds in 1999 due
to a variety of new tax credits for education and parents with
young children, the Internal Revenue Service said Wednesday.
May 13 -- Doctors
accuse insurers of gender bias: NEW
YORK (AP) -- A doctors' group is accusing insurance companies
of sex discrimination for covering the impotence pill Viagra but
not birth control for women.
May 13 -- Appraisal
district's Web site provides housing values: As the June 9 deadline nears for property owners
to contest the latest valuations of their property, a visit to
the Taylor County Central Appraisal District's Web site may be
in order.
May 13 -- Multimillion-dollar
purchase plan for Chief Auto Parts surprises analysts: The Memphis-based retailer is acquiring Chief Auto
Parts of Dallas in a $280 million deal that comes just a month
after Chief executives said they were preparing to take the company
public. The timing has surprised many industry observers.
May 13 -- Take
time to 'shut up and go away' to gain appreciation, perspective: There are some days I wonder if I'm not a bit too
fond of the Internet.
May 13 -- Winter
wheat crop down 9 percent from last year: WASHINGTON -- With wheat prices in the doldrums,
American farmers will harvest a winter wheat crop down 9 percent
from last year at 1.71 billion bushels, the Agriculture Department
predicted today.
May 13 -- Two
companies sue Pride Refining over royalties: Two Oklahoma corporations have filed suit against
Pride Refining Inc. and Pride Companies alleging the company has
failed to pay more than $280,000 in oil royalties.
May 13 -- Region
14 Farm Safety Camp is Thursday at Expo Center: More than 140 students from nine school districts
will be in Abilene Thursday for the Region 14 Education Service
Center "Farm Safety Camp."
May 13 -- Companies
in a pinch for skilled workers: WASHINGTON
-- Chevron Corp. has given up trying to hire computer programmers.
When the giant oil company needs help now, it contracts out.
May 13 -- Little
things add up when you're tight on water (J.T. Smith):
The ongoing dry spell is a reminder
to Texans of how precious the water supply really is.
May 13 -- Eaton:
Chrysler employees will notice little change after merger: AUBURN HILLS, Mich. (AP) -- Chrysler Corp. workers
will notice little change after the company is taken over by Daimler-Benz
-- except plants will be busier, Chairman Robert J. Eaton said
Saturday.
May 11 -- Small
Business Salute goes to Security Title (Doug Williamson): Security Title Co. will be honored today with the
Small Business Salute from the Abilene Business Council.
May 11 -- Emergency
farm loan applications being taken at Anson (J.T. Smith): Many haven't had measurable rain in two months.
You could lose your cat in some of the cracks in the ground.
May 11 -- Apple
backs off from radical change in Macintosh operating system: SAN JOSE, Calif. (AP) - Apple Computer Inc. has
abandoned a plan to radically alter its Macintosh operating system,
responding to demands from Mac users and developers for a less
wrenching update of the core program.
May 11 -- Bosses
discussed at professional enrichment seminar: Working for more than one boss puts an employee
between a rock and a hard place. However, a local counselor said
workers don't have to feel the squeeze.
May 11 -- SBC
agrees to buy Ameritech for $57 billion in largest phone merger:
CHICAGO (AP) - SBC Communications
Inc., pushing to become a global telecommunications titan, is
snapping up Baby Bell rival Ameritech Corp. in a $57 billion deal
that aims to build the first local phone company with customers
across the country.
May 11 -- Bug
Doctor becomes part of Terminix International: The Bug Doctor has been sold after a decade in operation
in Abilene. Owner Vic Valentine excitedly took up Terminix International
on its offer after five months of consideration.
May 10 -- Business
Notebook: News and notes of
interest to the local business community
May 10 -- Nextel developing high-tech solutions in
wireless communication: Four floors of an office building
in South Abilene are the nerve center for much of the high-tech
operations of a national communications corporation.
May 10 -- Why
some penny stocks are not worth a penny:
NEW YORK (Dow Jones News) -- Sometimes, stocks that trade for
just pennies are trading for pennies too much.
May 10 -- Local
vendors invited to Dyess: The
Abilene Chamber of Commerce will host a vendor fair at Dyess Air
Force Base July 9 form 10 a.m.-4 p.m.
May 10 -- Snyder
ginner elected president of Texas Independent Ginners: A Scurry County ginner will lead the Texas Independent
Ginners Association.
May 10 -- Yakking
it up: For wireless services, talk gets far cheaper as competition
rages: JACKSONVILLE, Fla. --
A giant black balloon shaped like a cell phone bobs in the wind
in front of the PrimeCo store in an Orange Park strip mall.
May 10 -- Eaton:
Chrysler employees will notice little change after merger: AUBURN HILLS, Mich. (AP) -- Chrysler Corp. workers
will notice little change after the company is taken over by Daimler-Benz
-- except plants will be busier, Chairman Robert J. Eaton said
Saturday.
May 9 -- Anson
FFA second in nation in Oklahoma judging contests: OKLAHOMA CITY -- Anson High School FFA was Reserve
Champions of the National Land and Range Judging Contest here
Thursday.
May 9 -- Jobless
rate plummets; for workers, 'as good as it gets': WASHINGTON (AP) -- The unemployment rate fell dramatically
last month to 4.3 percent, the lowest since 1970. "This is
as good as it gets for American workers," one economist said.
May 9 -- Japan's
recovery top concern of finance ministers: LONDON (AP) -- The world's top finance ministers
are counting on Japan to restart its fizzling economy and ease
the Asian crisis, and several hinted Friday they are growing impatient
with Tokyo after seeing few results.
May 9 -- Tri-County
Wheat Tour shares many kernels of knowledge (J.T. Smith Column):
Some of the nation's top minds
in grain production made the 1998 Tri-County Wheat Tour Friday.
May 8 -- Cattle
supply manageable but pork and poultry remain beef options: BROWNWOOD -- The numbers of U.S. cattle have not
rebuilt to depressing levels as of yet -- but pork and poultry
will give beef plenty of competition this year.
May 8 -- Chrysler-Daimler
Benz link is only the beginning for auto mergers: DETROIT (AP) -- The stunning merger between Chrysler
Corp. and Daimler-Benz is likely the first of many, as the merger
mania that has hit brokerages, banking and pharmaceuticals visits
the auto industry.
May 8 -- Administration
threatens veto on bill: WASHINGTON
-- The Clinton administration Thursday made a new threat to veto
legislation, now edging toward a House vote, that would revamp
the nation's financial services laws.
May 8 -- Celebrate
freedom from working to pay taxes (Doug Williamson Column):
Sunday is a day to celebrate.
May 8 -- May 15
deadline approaching for June farm safety camp (J.T. Smith
Column): Registration deadline for
the Progressive Farmer Farm Safety Day Camp is May 15.
May 8 -- For job-hunting
grads, 'a very fine year to be graduating': CHICAGO (AP) -- At a recent recruiting conference,
Northwestern University placement director William Banis casually
mentioned a college freshman he had hired to maintain his office
computer network. He was astonished when dozens of companies asked
for the student's name.
May 8 -- 'Big
Three' heading toward extinction, but auto industry alive and
well: DETROIT (AP) -- The Big
Three is a phrase, and a concept, nearing extinction.
May 8 -- Vickers
PLC agrees to sell Rolls Royce to VW:
LONDON -- German automaker Volkswagen roared ahead Thursday in
the race to buy Rolls-Royce Motor Cars, outbidding rival BMW's
offer for the British luxury car company.
May 7 -- Family
finds diversification key to survival:
Carl and Mark Reeder had to diversify their business.
May 7 -- Big Country
FFA District selects 1998-99 officers: The
Big Country FFA District has chosen officers for the 1998-99 school
year.
May 7 -- Kiwanis
clubs honor three youths with ag scholarships: A Jim Ned High youth and two students from Merkel
were recognized by Kiwanis clubs with three $500 scholarships
Wednesday at Briarstone Manor.
May 7 -- Chrysler,
Daimler in merger talks that could reshape auto industry: DETROIT (AP) -- Chrysler Corp., a flag-waving champion
of the Buy American movement that once staved off bankruptcy with
a government bailout, is discussing a merger with Germany's biggest
industrial company, the maker of the Mercedes-Benz.
May 7 -- Brazil
lifts ban on imports of U.S. wheat (J.T. Smith Column): Wheat prices are at their lowest level in five
years -- nevertheless, there is a bit of bright news.
May 7 -- USDA
set to announce package to boost farm exports, prices: WASHINGTON (AP) -- With farm prices at lows not
seen in years, the Clinton administration has put together a package
aimed at boosting agricultural exports and farm income, two senior
officials said Wednesday.
May 6 -- Kleberg
to leave day-to-day operation of huge ranch: KINGSVILLE, Texas (AP) -- Stephen J. "Tio"
Kleberg, great-grandson of King Ranch founder Capt. Richard King,
will leave the day-to-day operation of the famed ranch on June
1.
May 6 -- Time
for women to make mark on the 'Net (Brian Bethel Column): Women and the Web now go hand-in-hand, and I say
it's about time.
May 6 -- Mother's
Day lucrative holiday for area businesses: "Not everybody's got a sweetheart, but they
do have a mother," says Rita Webb, manager of Brownwood's
Davis Floral Co.
May 6 -- Critics
of action aiding oil industry to offer rival measure: WASHINGTON -- The oil industry, aided by some maneuvering
from Texas Sen. Kay Bailey Hutchison, has managed to stave off
a proposal to change the way the government assesses royalties
for oil pumped from federal lands.
May 6 -- Mother's
Day related sites (Doug Williamson Column): Mother's Day fast approaches.
May 6 -- Runnels
County Wheat Tour: WINTERS --
Most farmers in an area just south of Abilene and extending on
south and west through the Concho Valley haven't seen rain in
more than six weeks.
May 5 -- TxDOT
to hold regional meeting here May 28 (Doug Williamson): The Texas Department of Transportation wants to
do business with small businesses in the Abilene area.
May 5 -- Alternative
energy project revealed by WTU and ACU:
Representatives from West Texas Utilities and Abilene Christian
University unveiled an alternative energy sources project in the
Lee Elementary School parking lot Monday.
May 5 -- Houston's
Offshore Technology Conference booming with industry: HOUSTON (AP) - Sluggish oil prices failed to dim
industry outlook at the 30th annual Offshore Technology Conference
Monday, where all signs indicate that business is slowly on the
upswing.
May 5 -- NCC objects
loudly to China's cotton and textile policies (J.T. Smith
): The National Cotton Council is
deeply concerned over China's dumping of cotton.
May 5 -- Former
Cowboys physician buys trailerload of cows: HAMLIN - Despite the vast amount of wide open space
here, the toughest thing at the Pied Piper Farms Cow Herd Dispersal
Sale on Monday was still finding a place to park.
May 5 -- Cable
companies wary of Microsoft: ATLANTA
(AP) - As Bill Gates told the cable industry it should use his
company's software, cable executives were viewing the Microsoft
Corp. chairman with a mix of awe and wariness.
May 5 -- Cancer
drug stock soars while doctors urge caution: BOSTON (AP) - The stock of a company developing
a new cancer treatment leaped from $12 to $85 at one point Monday,
even while doctors cautioned against getting too excited over
something that has been tested only on mice.
May 5 -- NationsBank
paying $6.75 million to settle charges it misled investors: WASHINGTON (AP) - Financial titan NationsBank Corp.
is paying $6.75 million to settle federal regulators' charges
that it misled investors about the risks of government bond funds,
telling some that the securities are as safe as insured certificates
of deposit.
May 3 -- Access
to capital still a challenge for minority women: Carmen Ramos, a former banker, had been the boss
of her own successful business for six years when she applied
for a $50,000 business loan last year. Two banks turned her down.
May 3 -- Tri-County
Wheat Tour is Friday north of Abilene: The
annual Taylor, Callahan and Shackelford "Tri-County Wheat
Tour" gets underway at 8:30 a.m. Friday.
May 3 -- First-time
teen job seekers must overcome obstacles to find work: When Rachel Welch went job hunting, persistence
paid off.
May 2 -- Reports
suggest economic growth has peaked for 1998: WASHINGTON -- Asia's economic troubles are lapping
at American shores: Incomes stagnated in U.S. goods-producing
industries, manufacturing activity slowed and construction decreased.
May 2 -- European
leaders take giant step in the quest for unity: BRUSSELS, Belgium -- The European Union began the
process of breathing life into the long-awaited single currency
Friday when finance ministers designated 11 countries to join
in a new monetary union.
May 2 -- GAO:
Government at risk with new farmer insurance program: WASHINGTON (AP) -- Congressional auditors say a
new insurance program designed to protect farmers from drops in
their income will probably cost the government more than traditional
crop insurance.
May 2 -- Some folks
were high and dry throughout April (J.T. Smith Column): Last Sunday, this farm writer mowed grass in south
Taylor County while looking enviously at the isolated rain cloud
to the north over Abilene, itself.
May 1 -- Credit
union bill sent to Senate; could face tough going: WASHINGTON -- Surviving its second close call in
the legislative process, a popular House-passed measure to help
credit unions was approved by the Senate Banking Committee on
Thursday but could face a rocky time before the full chamber.
May 1 -- Good
economic news pleases Clinton: From
Wall Street to the White House, the nation rallied around Thursday's
good news that the economy grew at a robust 4.2 percent the first
three months of 1998 while workers' pay rose and inflation fell
to its lowest level since 1963.
May 1 -- Runnels
County Wheat Tour is May 5 (J.T.
Smith Column): The 1998 Runnels County Wheat Tour is Tuesday just
outside of Winters.
May 1 -- Attorney
tells employers to warn workers about lack of privacy: Employers should let employees know that there's
not much privacy in the workplace.
May 1 -- Vacation
timing left to Japanese bosses: TOKYO
-- Japanese workers must take vacations when it suits their employers,
a Tokyo court ruled Thursday.
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