OCTOBER '98 ARCHIVES
Search
Archives
January
... February
... March ... April
... May ... June
... July ... August
... September
Oct. 31 -- Republican
and Democrat ag and business leaders display Stenholm support: Some drove for hours to make a 3-minute talk.
Oct. 31 -- Farm
and ranch safety tips on fires are timely with frost approaching
(J.T. Smith): After frost arrives
soon, the wildfire hazard in the Abilene region will be even greater
than it is now.
Oct. 31 -- Farmers
and ranchers struggle to survive drought even as fall arrives: ALTUS, Okla. -- Cattle in far southwest Oklahoma
were so hot this summer that some ranchers built guards around
water troughs to keep the cattle from leaping in for a cooling
dip.
Oct. 31 -- Hundreds
of environmental service companies closing their doors: TALLAHASSEE, Fla. -- Companies that clean up pollution
and help businesses comply with environmental regulations have
fallen on hard times with one in four closing their doors during
a recent two-year period.
Oct. 31 -- Survey
names San Francisco, Boston, New York, Chicago top real-estate
cities: NEW YORK (Dow Jones
News) -- San Francisco, Boston, Seattle, New York, and Chicago
are the cities with the best real-estate investment prospects,
according to Emerging Trends In Real Estate, an annual survey
of markets conducted by PriceWaterhouseCoopers and Lend Lease
Corp.
Oct. 30 -- ACU
Aggie Club honors top alumni in agriculture (J.T. Smith): Besides the the presentation of "Oustanding
Aggie of the Year" to Dr. Charlie Hart and the "Young
Professional Award" to Chandra Scott Corse - as mentioned
in the past Sunday's column - Abilene Christian University also
presented two more awards to alumni at its recent annual Homecoming
banquet.
Oct. 30 -- Waldrop's
Furniture company truly caters to customers: Competition is hot and heavy in the furniture store
business. Sam Waldrop knows that, as well he should after more
than 50 years in the industry. Sam's father, G.W. Waldrop, started
the business 75 years ago. Today, Waldrop's Furniture is one of
Abilene's oldest firms.
Oct. 30 -- Group
calls for phone company competition: An
ad hoc coalition of communications companies and a citizens' advocacy
group is calling for Southwestern Bell and GTE to open the doors
for more competition.
Oct. 30 -- USDA
announces $2.8 billion in market loan assistance payments: U.S. Rep. Charlie Stenholm praised the annoucement
by U.S. Agriculture Secretary Dan Glickman Thursday concerning
the delivery of $2.8 billion in USDA Market Loss Assistance Payments
contained in the omnibus spending bill recently signed into law
on Oct. 21.
Oct. 30 -- Bank
holding companies declare raise in dividends: Two local bank holding companies have good news
for shareholders this week. First Financial Bankshares declared
a 10-percent stock dividend and a 27.5-cent per share cash dividend.
Oct. 30 -- Some
Baby Boomers don't want to retire: NEW
YORK - The overwhelming majority of wealthy Americans do not want
to retire at 65, according to the latest survey of investor optimism
by PaineWebber, the Wall Street brokerage.
Oct. 29 -- Conservation
Reserve Program sign-up continues through Dec. 11 ( J.T. Smith): Another general sign-up for the Conservation Reserve
Program is under way. The latest sign-up began Oct. 26 and continues
through Dec. 11.
Oct. 29 -- Area
Business Notes: News from the
Big Country
Oct. 29 -- America
Online says Internet contract hinged on Windows: WASHINGTON - A senior executive with America Online
adamantly disputed claims Wednesday by Microsoft Corp. that AOL
distributed Microsoft's Internet software because it was better
technology.
Oct. 29 -- Should
you take the plunge into personal bankruptcy? NEW YORK - You're swamped by debt. Bill collectors
are ringing down your phone incessantly. Now you're debating whether
to file for personal bankruptcy.
Oct. 29 -- Small
businesses need plan for dealing with sexual harassment: In a now landmark Supreme Court case, former Boca
Raton, Fla., lifeguards Beth Ann Faragher and Nancy Ewanchew said
two supervisors groped them and made offensive comments on their
job. Faragher said one supervisor told her: "Date me or clean
the toilets for a year."
Oct. 29 -- Going
... going ... sold to man with the 28800 modem! Imagine a huge yard sale, except the world is the
neighborhood, the browsers set the prices, and the goods being
offered aren't just junk.
Oct. 28 -- SBA
pledges more, faster, financing for some businesses: Some small businesses may have an easier time quickly
accessing more financing, thanks to modifications in government
programs.
Oct. 28 -- Surfing
the Web (Doug Williamson): The
variety of attention on the World Wide Web this week is diverse.
Oct. 28 -- Microsoft
accused of trying to split Internet market: WASHINGTON - Calling Microsoft's billionaire chairman
the most significant witness in the government's antitrust case,
a judge ruled Tuesday that government lawyers can show all 20
hours of videotaped interviews with Bill Gates.
Oct. 28 -- Recourse
loan program should be a boost for mohair industry (J.T. Smith): The Texas sheep and goat industry has been taking
it on the chin ever since the end of the Wool and Mohair Incentive
Program.
Oct. 28 -- U.S.
CoC endorses Stenholm: The U.S.
Chamber of Commerce endorsed U.S. Rep. Charles Stenholm Tuesday,
citing his voting record on issues of interest to small businesses.
Oct. 28 -- Silicon
Valley's new technology museum to open this weekend: SAN JOSE, Calif. - The Rhine is known for its wineries.
New York has the Met. And now Silicon Valley has The Tech.
Oct. 27 -- Cattlemen
discuss Texas weather (J.T. Smith):
This farm writer visited with many cattlemen from South Texas
who were in this part of the state late last week for the big
Dudley Bros. Bull Sale at Comanche.
Oct. 27 -- Cattlemen's
Round-Up reaches $234,000 after final fall sale at Junction: JUNCTION - The final sale in the fall series of
the 1998 Cattlemen's Round-Up for Rehab raised $12,041 at Junction
Stockyards Monday.
Oct. 27 -- Netscape
CEO: We're the good guys; Microsoft the 'enemy' : WASHINGTON (AP) - Microsoft Corp. confronted a Netscape
executive Monday with a derisive message from one of his own employees
that ridiculed Netscape's Internet software as "faster than
a dog with no legs."
Oct. 27 -- Equipment
problems halts trading on NYSE: NEW
YORK (AP) - Equipment problems brought trading to a halt for about
an hour Monday afternoon on the New York Stock Exchange, the nation's
biggest stock market.
Oct. 27 -- Devout
Christians are victimized in alleged investment scam: ORLANDO, Fla. (AP) - With his wholesome good looks,
his talk of Christian ministry and his mother in tow, Jonathan
Strawder didn't take long to sell Diane and Frank Smith on an
investment opportunity that promised a 360 percent return in a
year.
Oct. 25 -- Certificates
may make home ownership easier:
A new plan to help the local economy could make home ownership
easier for Abilene-area residents who qualify.
Oct. 25 -- Laser
drilling could be oil exploration's next revolution: Drilling time could be reduced to hours rather
than days if researchers are able to find a feasible application
for laser technology capable of cutting rocks.
Oct. 25 -- Chandra
Scott Corse receives Young Professional Award from ACU (J.T.
Smith): Abilene native Chandra Scott
Corse was one of two recipients of the "Young Professional
Award" from the Abilene Christian University Department of
Agriculture and Environment this year.
Oct. 25 -- Flight
attendant workforce matures along with industry attitudes: DALLAS -- Sherri Cappello's work uniform once consisted
of a miniskirt with white plastic boots and little bows for her
hair.
Oct. 25 -- Home
builders rushing to get into active adult market: SUN CITY WEST, Ariz. -- For the past decade, Don
and Harriet Doerr have been the envy of friends back home in Nebraska.
Oct. 25 -- New
Jersey telephone company settles with 20 states for $1 million: DETROIT -- Twenty states will divide a $1 million
payment from a New Jersey phone company that changed customers'
long-distance service without their permission.
Oct. 24 -- Monhollon
speaks at Rotary Club luncheon:
The United States should hope for a soft landing from its overheated
economy, Jimmie Monhollon, dean of Hardin-Simmons University's
College of Business, told the Abilene Rotary Club at a Friday
luncheon.
Oct. 24 -- The
feral hog poses big problems for many in Texas agriculture
(J.T. Smith): Wild hogs make money
for some people through hunters, so they may be viewed as assets
by a few.
Oct. 24 -- Higginbotham
says they're not closing Gorman store:
GORMAN -- Higginbotham Bros. and Co. officials say they are not
closing their Gorman store after 102 years, only "merging"
it with the larger, sister store in De Leon, only 11 miles away.
Oct. 24 -- Researchers
suspect string of deadly cancers tied to work: NAPERVILLE, Ill. (AP) -- Health investigators increasingly
suspect that chemicals used at an Amoco Corp. research center
are tied to a mysterious cluster of deadly brain cancers among
employees and they hope to solve the puzzle early next year, company
officials say.
Oct. 24 -- American
schools may be solution to Japanese economic woes: BOSTON (AP) -- For years, American businessmen
listened breathlessly to the Japanese for any tidbit of advice
that might help them squeeze out more profit.
Oct. 24 -- Silicon
Valley divided over Microsoft trial:
SAN FRANCISCO (AP) -- In Silicon Valley, where a company can be
battered by the mere whiff of news that Bill Gates is looking
its way, high-tech companies are watching the government's antitrust
case against Microsoft with horror and fascination.
Oct. 23 -- Dudley
Bros. bull sale averages $1,767 in fierce bidding: COMANCHE -- The 37th Annual Dudley Bros. Bull Sale
grossed $212,040 on 120 Herefords in just two hours here Thursday
to average $1,767 per bull.
Oct. 23 -- CEO
speaks at Hardin-Simmons: The
top man at the Dallas Federal Reserve doesn't see a financial
catastrophe hitting the United States like the one in Asia and
South America, but he's not as optimistic as he was just a few
months ago.
Oct. 23 -- First
Texas Red Angus Feeder Calf Sale is success (J.T. Smith): The Texas Red Angus Association held its special
Red Angus Feeder Calf Sale this month at Producers Livestock Auction
in San Angelo and met with success. Plans now are to make this
an annual event.
Oct. 23 -- New
apartments to be constructed:
For the first time in a decade and a half, Abilene is getting
a new, large-scale apartment complex.
Oct. 23 -- IRS
wins a round in battle over taxing restaurant tips: WASHINGTON -- Uncle Sam doesn't serve the food
or the wine, but the government is insisting on its share of the
tip.
Oct. 23 -- Power
Wheels recall one of largest ever:
WASHINGTON -- Parents should immediately remove the batteries
from their kids' Power Wheels cars and trucks because faulty wiring
can cause them to erupt in flame, the government said Thursday
in announcing one of the biggest toy recalls ever.
Oct. 22 -- Biles
says fall armyworms may become problem for area wheat growers
(J.T. Smith): Wheat growers across
the state have been having problems with fall armyworms during
the past few weeks, reports Stephen Biles, Extension Service agent
for Integrated Pest Management.
Oct. 22 -- How
small business owners discover, validate their entrepreneurial
ambitions: For years, Cindy
McCathren cooked a lot of food for a lot of friends. They raved
about her culinary skills. So when her husband, Jim, noticed his
architectural firm had outgrown its current location, Cindy sensed
a chance to cultivate the seed fertilized by her friends abd planted
in her head long ago.
Oct. 22 -- Laser
technology may revolutionize oil industry: ODESSA - Beneath the dark cloud of falling oil prices
and rumors of imminent industry layoffs, visitors at an oil-industry
exposition examined such products as neck-shading hats for roughnecks
and oil-drilling lasers.
Oct. 22 -- Big
Country business notes: News
from around the area
Oct. 22 -- Retirees
cut trips, work longer as stock market drop hits golden nest eggs: Bill Moon was having a fine retirement. Flush with
a retirement account fattened by the roaring stock market, the
67-year-old former telephone worker paid for half of his daughter's
new Jeep, and planned to buy a new car for himself this week and
set off to see Montana and the Dakotas.
Oct. 22 -- Seniors
on the Net? You bet your mouse:
Of all the misbegotten notions that people believe about computers,
here's one of the biggest myths of all: Computers are just for
kids or young adults.
Oct. 21 -- Nongrain
LDP deadline for applications is nearing (J.T. Smith): The USDA deadline for submitting applications for
the non-grain loan deficiency payment is close. Deadline is Nov.
1.
Oct. 21 -- Cobwebs
aren't gathering on old web browsers (Brian Bethel): Time to fire up your shiny new Pentium II with your
shiny, new 450 mhz processor, billions of bytes of RAM and infinite
hard drive space, eh?
Oct. 21 -- Eastland
auction sale pushes Cattlemen's Round-Up past $220,000 mark: EASTLAND - The 1998 Cattlemen's Round-Up for Rehab
got a big boost in the fall series with the special sale at Eastland
Livestock Auction Tuesday.
Oct. 21 -- Guest
speaker focuses group on employee importance: Though a company might own millions of dollars
of property, that's not its most valuable asset. Instead, employees
are what count.
Oct. 21 -- Big
Country youths among District III Gold Star winners: HASKELL - Youngsters were honored for outstanding
achievements and leadership during this year's District III Gold
Star Awards Banquet Tuesday night at the Haskell Civic Center.
Oct. 20 -- Fast
track legislation failed but had considerable agriculture support
(J.T. Smith): The renewal of fast
track trade negotiating authority could have been a positive development
for some farmers.
Oct. 20 -- Home
sales booming here: Sales of
homes in Abilene skyrocketed in September. The Abilene Board of
Realtors reports a 40-percent rise in sales of homes through the
Multiple Listing Service compared with September 1997. Dollar
volume also increased by 38 percent.
Oct. 20 -- Government
alleges no-holds barred campaign by Microsoft: WASHINGTON (AP) - Government lawyers opened their
landmark antitrust trial against Microsoft Corp. on Monday by
accusing the software titan of a carefully crafted, no-holds barred
campaign to illegally "crush" a rival company.
Oct. 20 -- McDonald's
3rd-quarter profits, sales up; nearly 200 restaurants to close: McDonald's Corp. said Monday third-quarter profits
and sales increased, as the Oak Brook, Ill.-based burger giant
overcame economic difficulties in foreign markets and bounced
back at home.
Oct. 20 -- Kroger
purchase creating supermarket powerhouse: CINCINNATI (AP) - Kroger Co. is buying Fred Meyer
Inc. to create a grocery powerhouse designed to compete with giant
retailers such as Wal-Mart that are expanding into the supermarket
business.
Oct. 18 -- Options
for your 1999 contract commodity payments: ANSON -- Producers have the option to receive fiscal
year 1999 Production Flexibility Contract (PFC) payments anytime
during the fiscal year covering Oct. 1, 1998 through Sept. 30,
1999.
Oct. 18 -- Texas
pumpkin crop survives drought year in flying colors: Mack Hickerson has been raising pumpkins since
1964 at his Floyd County farm -- certainly no newcomer to the
pumpkin patch.
Oct. 18 -- Dudley
Bros. 37th Annual Bull Sale is big event Thursday at Comanche
(J.T. Smith): The only fall event
that draws as many vehicles to Comanche as a football game takes
place this week.
Oct. 18 -- Big
Country Business Notes: News
from around the area
Oct. 18 -- More
and more robots populate world's factories: A record number of industrial robots were installed
last year around the world and rapid growth is forecast into the
next century, according to a new report.
Oct. 18 -- Mini-malls:
one answer to small business start-ups:
Would you like to expand your home-based business, but don't really
know how?
Oct. 17 -- Tschaar
and Durham of Abilene join Santa Gertrudis Breeders (J.T.
Smith): Mike Tschaar & David
Durham, Gambling Hills of Abilene, have become members of Santa
Gertrudis Breeders International.
Oct. 17 -- Disney
helps lead the fight to extend Mickey Mouse's copyright: WASHINGTON -- Facing the loss of their exclusive
rights to Mickey Mouse, Donald Duck and other cartoon stars, Walt
Disney Co. executives led a successful lobbying campaign to secure
an extra 20 years of protection for their U.S. copyrights.
Oct. 17 -- Latest
interest-rate cut suggests more are coming: WASHINGTON -- With its surprise interest-rate cut,
the Federal Reserve is signaling it will reduce rates repeatedly
if necessary to prevent the world economic slump from toppling
the U.S. economy into recession.
Oct. 17 -- Roth
IRA, gambling tax changes help send $1.7 billion for home health: WASHINGTON (AP) -- Married couples earning up to
$150,000 a year could convert to advantageous Roth IRAs and taxes
on prize winnings would change under a House-Senate deal providing
$1.7 billion to improve Medicare home health care.
Oct. 17 -- Fox
says World Series ad inventory nears sellout: NEW YORK -- Fox television executives say this
year's bicoastal World Series matchup that includes baseball's
best-known team should help the network improve on last year's
dismal World Series audience figures.
Oct. 16 -- Jones
County Fair is Saturday in Anson with day-long action (J.T.
Smith): The 1998 Jones County Fair
is Saturday at the fairgrounds in Anson.
Oct. 16 -- Operation
Thank You to start (Doug Williamson): The
Abilene Chamber of Commerce will kick off Operation Thank You
Tuesday with more than 80 volunteers contacting more than 1,300
local businesses.
Oct. 16 -- Who
cares what kids like; hot toys created by intense publicity campaigns:
NEW YORK - Before Furby was
available in any store nationwide, its manufacturer, Tiger Electronics,
proclaimed the Gremlin-like interactive toy the must-have pick
of the year. But who picked Furby as the hot toy for Christmas?
Not the kids.
Oct. 16 -- Kerr-McGee
to buy Oryx Energy for about $1.86 billion in stock: DALLAS - Kerr-McGee Corp. is buying Oryx Energy
Co. for $1.86 billion in stock in a deal that will create one
of the largest independent oil exploration and production companies
in the U.S.
Oct. 15 -- Texas
cotton crop might make 3 million bales tops (J.T. Smith):
The 1998 Texas Upland cotton crop
is expected to total 3 million bales - some 42 percent less than
last year and 31 percent below the 1996 cotton crop.
Oct. 15 -- Employee
theft is a fact of business life: When
it comes to employee theft, employers are the ones grabbing the
thieves by their collars and yanking them into accountability.
Oct. 15 -- Apple's
$106 million earnings in quarter gives it first profitable year
since 1995: CUPERTINO, Calif.
(AP) - Apple Computer Corp. reported its first profitable fiscal
year since 1995, as sales of its new iMAC helped the rebounding
computer company earn a healthy $106 million in its fourth quarter.
Oct. 15 -- Dates
set for boll weevil eradication votes: AUSTIN
(AP) - Cotton growers and landowners near Lubbock and in southeast
Texas will decide early next year whether to implement a boll
weevil eradication program, the state Department of Agriculture
said Wednesday.
Oct. 15 -- Ford's
earnings 10 percent in third quarter:
DEARBORN, Mich. (AP) - Ford Motor Co. earned $1 billion in the
third quarter, more evidence that the world's No. 2 automaker
has become the industry's most successful cost cutter.
Oct. 15 -- State
regulators announce new e-mail address for reporting fraud: WASHINGTON (AP) - Worried by the growth of financial
scams using the Internet, the new head of a state securities regulators'
group is urging people to participate in a "Neighborhood
Watch" program in cyberspace.
Oct. 15 -- FFB
continues growth rate: First
Financial Bankshares Inc. of Abilene continued its 10-percent
earnings growth rate in the third quarter.
Oct. 14 -- Surfing
the Web (Doug Williamson): Gulliver,
Kosovo, Smoltz and Daguerrotypes are some of the stops on today's
tour of the World Wide Web.
Oct. 14 -- Adults
and youngsters will find great time at Watt Matthews celebration
( J.T. Smith): A great way to spend
part of this weekend is the Watt Matthews Cowboy Days Friday and
Saturday in Albany.
Oct. 14 -- Make
sure you shop for software before buying (Brian Bethel): Shopping for software highlights one irrefutable
fact: This stuff is expensive. Buy a big-name package, and you
can pay literally hundreds of dollars, even for a disc that simply
upgrades a program you already own.
Oct. 14 -- Bandag
touts quality steps taken: Bandag
Inc.'s Abilene plant patted itself on the back Tuesday, recognizing
company steps toward industry-recognized quality.
Oct. 14 -- Health
insurers in Texas plan premium increases: DALLAS (AP) - Citing higher costs, health insurance
companies plan sharp premium increases in Texas, beginning Jan.
1.
Oct. 14 -- Merrill
Lynch to cut 3,400 jobs: NEW
YORK - Merrill Lynch, one of the world's biggest investment banks,
is cutting 3,400 jobs worldwide after a sharp decline in third-quarter
earnings because of global market turmoil.
Oct. 13 -- Abilene
not too expensive a town in which to live (Doug Williamson):
It's 6 percent cheaper to live in
Abilene than in the average American city. The quarter survey
by the American Chamber of Commerce Research Associates found
New York City to be the most expensive place in the nation to
live - some 130 percent more than the average. Abilene was 94
percent of the norm.
Oct. 13 -- It's
beginning to look a lot like Christmas:
It is only 19 days before Halloween, 45 days until Thanksgiving
and 73 days before Christmas. However, some local retailers are
jumping in early, putting out their Christmas merchandise and
decorations.
Oct. 13 -- Quarter
Horses and border collies to benefit WTRC on Oct. 24 (J.T.
Smith): McCutchen Quarter Horses
and Russell Johnson's Border Collies will conduct demonstrations
to benefit the West Texas Rehabilitation Center Oct. 24 at the
Coke County roping arena in Bronte.
Oct. 13 -- Markets,
not banks, call the credit shots:
NEW YORK - A credit crunch may be coming in the U.S., but it would
follow a very different model from previous episodes when the
banking system tightened the supply of credit.
Oct. 11 -- Low
oil prices provide opportunities for expansion: Languishing oil prices have created plum conditions
for West Central Texas oil independents to expand their operations.
Oct. 11 -- R.A.
Brown Ranch 24th Annual Bull and Quarter Horse Sale is Wednesday
(J.T. Smith): One of the world's
top cattle and horse auctions is this week at Throckmorton.
Oct. 11 -- Oil-service
companies' third-quarter net seen dropping amid oil slump: NEW YORK -- The dramatic slide in world oil prices
since last fall, which stunned the exploration and production
industry, has lasted long enough to damp nearly all aspects of
the oil-services business.
Oct. 11 -- Motor
oil companies fine-tune products, battle for market share: THE WOODLANDS -- Nestled in a forested tract north
of Houston, Pennzoil researchers toil to figure out how to make
motor oils better than the next guy.
Oct. 11 -- Board
Games: As Lewinsky matter shows, job referrals are a network staple: On Dec. 11, Richard Halperin, executive vice president
of MacAndrews & Forbes Holdings Inc., got a call from Vernon
Jordan -- a board member for the firm's Revlon Inc. unit -- asking
him to talk to a "bright young woman" about finding
an entry-level job in New York.
Oct. 11 -- Questions
and answers about hedge funds:
WASHINGTON -- Hedge funds are under close scrutiny because of
the $3.6 billion private bailout last week of Long-Term Capital
Management LP, facilitated by the Federal Reserve Bank of New
York. Outside of Wall Street, little is known about these secretive
and largely unregulated investment funds.
Oct. 10 -- Internet
and high technology will give rural areas equal access (J.T.
Smith): Lots of people just dream
of "some day" living in the country. They have grown
weary of traffic jams, pollution and the general rat race of the
cities. But for many -- in whatever their profession -- it is
a necessary evil to remain in the big city to keep in touch.
Oct. 10 -- Top
corporate chieftains gloomy about economy's prospects: WILLIAMSBURG, Va. -- Many of the nation's top corporate
executives have become a touch gloomy about prospects for the
U.S. economy as the financial turmoil sweeping the globe intensifies.
Oct. 10 -- Labor
shortage challenges restaurant industry:
LOGANVILLE, Ga. -- Signing bonuses. Flex scheduling. Management-track
commitments. Scholarship offers and internships.
Oct. 10 -- Experts
say Russia can survive without IMF:
As Russia wrestles with crises on all fronts, its new leaders
are facing the question of whether the nation can survive without
the International Monetary Fund.
Oct. 10 -- E.W.
Scripps Co.'s third-quarter earnings down: CINCINNATI (AP) -- The E.W. Scripps Co.'s third-quarter
earnings declined 32 percent as acquisition costs and falling
broadcast television profits offset improvements in its newspaper
division.
Oct. 9 -- United
States and Taiwan sign agreement for purchase of U.S. wheat
(J.T. Smith): Taiwan and the United
States have signed an agreement for Taiwan to purchase 750,000
metric tons to 850,000 metric tons of U.S. wheat from Jan. 1 to
Dec. 31, 1999.
Oct. 9 -- Farmers
Union applauds Clinton for holding out for better ag package:
A Sweetwater farmer and agricultural
leader says the White House did the right thing by holding out
for a better farm relief package.
Oct. 9 -- Will
credit card lawsuit affect customers?
NEW YORK - The Justice Department is suing Visa and MasterCard,
alleging that the credit card associations have illegally blocked
competitors such as American Express and Discover from issuing
cards in the United States.
Oct. 9 -- Mortgage
rates continue slide: WASHINGTON
(AP) - Average mnortgage rates fell to 6.49 percent this week,
continuing a six-week slide that has pulled them to their lowest
level in a generation.
Oct. 9 -- Natural
gas drilling shows promise for next few years: Don't look for the price of oil to rebound within
a year, at least enough to stimulate stalled drilling services.
Oct. 8 -- Humor,
when used with tact and sensitivity, can work in business: It's funny how humor can make a difference at work
- when it's used in the right way.
Oct. 8 -- Loan
deficiency payment of 2 cents available to cotton growers
(J.T. Smith): A loan deficiency
payment of 2.03 cents per pound will be available for the week
ending Thursday to eligible producers.
Oct. 8 -- National
sales tax would only annoy public: Would
a simple national sales tax remain simple? Probably not. Should
the income tax be replaced with a national sales tax? Probably
not.
Oct. 8 -- Wal-Mart
launch signals threat to supermarkets:
BENTONVILLE, Ark. - Wal-Mart Stores, the world's biggest and most
powerful retailer, is threatening supermarket mayhem with the
launch Wednesday of a format called Wal-Mart Neighborhood Market,
a supermarket in all but name.
Oct. 8 -- Privacy
initiative announced by Internet companies: NEW YORK - Eight major Web companies announced a
multimillion dollar online privacy initiative Wednesday aimed
at heading off legislation in Congress.
Oct. 8 -- Area
Business Notes: News from around
the Big Country
Oct. 8 -- Rehab
Club Pig Sale raises $17,321 for WTRC: The
1998 Rehab Club Pig Sale at the Wylie High FFA Ag Barn late Monday
night was an overwhelming success.
Oct. 8 -- Coleman
sale brings in $7,861 for Cattlemen's Round-Up effort: COLEMAN - The special Rehab Sale at Coleman Livestock
Auction here Wednesday raised $7,861 as part of the fall series
of the 1998 Cattlemen's Round-Up.
Oct. 7 -- Cattle:
Now and Next Year workshop is Oct. 19 at Comanche (J.T. Smith): Extension Livestock committees in Comanche and
Brown counties have planned an excellent beef cattle workshop
for livestock producers from all over Central Texas.
Oct. 7 -- Vanity
Internet: What will they think of next? (Brian Bethel): It's logic only a professional marketer could come
up with: "We have vanity license plates, so why not vanity
Internet providers?"
Oct. 7 -- Surfing
the Net (Doug Williamson): This
week's journey on the World Wide Web goes from cheese and wine
to carousels and from ballet to glaciers.
Oct. 7 -- Cattlemen's
Round-Up for Rehab is today at Coleman:
The 1998 Cattlemen's Round-Up for Rehab fall series resumes with
the special sale at about 1 p.m. today at Coleman Livestock Auction.
Oct. 7 -- AT&T
hopes to get lucky with new phone service that rejects its own
name: NEW YORK (AP) - Lucky
Dog Phone Co. may sound like some mom-and-pop start-up, but it's
actually Ma Bell talking.
Oct. 6 -- Cattlemen's
Round-Up for Rehab is tomorrow at Coleman (J.T. Smith): The 1998 Cattlemen's Round-Up for Rehab fall series
resumes with the special sale at about 1 p.m. tomorrow at Coleman
Livestock Auction.
Oct. 6 -- Texas
wheat stocks are at 10-year high now: During
September, Texas wheat stocks reached a 10-year high. There were
some 139.5 million bushels of wheat stored in Texas in all positions
as of September, compared with 93 million bushels a year earlier.
Oct. 6 -- Legislation
doesn't go far enough, says Stenholm:
WASHINGTON - With 1999 forecast as another year of low crop prices,
Texas' highest ranking agriculture representative says the 1999
farming funding legislation does not go far enough to solve farmers'
long-range income problems.
Oct. 6 -- A date
with technology (Doug Williamson):
It's not often you get to sit in on a first date, especially when
it's not your own.
Oct. 4 -- Fighting
the common computer virus: How
can a machine get sick? How can a bunch of wires and circuits
catch a virus?
Oct. 4 -- Rural
Summit Conference is all day Tuesday at Abilene Civic Center
(J.T. Smith): A very important meeting
for rural communities is just two days away.
Oct. 4 -- Big Country
Business Notes: News from around
the area
Oct. 4 -- Is
your company your new hometown?:
Technology manager Kristen Thurber buys birthday cards, mails
letters, picks up dry cleaning, and gets her morning coffee fix
on Main Street -- all without leaving work.
Oct. 4 -- Lone
Star bank suit dismissed; judge again dismisses bank suit: DALLAS -- For the second time in five years, a
state district court judge in Dallas has thrown out a lawsuit
alleging that NationsBank Corp. committed fraud 10 years ago in
acquiring the assets of Texas' biggest bank.
Oct. 4 -- More
rate cuts to come?: NEW YORK
-- It was only a one-quarter percent cut in short-term interest
rates, but it caused a great todo not just in the United States
but throughout the world.
Oct. 3 -- Abilene
Oil Accountant Gets National Recognition: When Charlene Richardson began working in the oil
business 18 years ago, professional oil accountant associations
were dominated by representatives from the majors.
Oct. 3 -- Farmers
Union calls for Congress to try again on farm relief (J.T.
Smith): Texas Farmers Union is asking
the U.S. Congress to go back to the drawing board on farm relief.
Oct. 3 -- Bids
to tour Gates' home soar over $25,000:
SEATTLE (AP) -- Microsoft employees are in a bidding war for a
private tour of chairman Bill Gates' $53.4 million mansion. The
tour leads the list of items on the auction block in the company's
annual employee charitable-giving campaign.
Oct. 3 -- Global
financial crisis drags down world economies: NEW YORK -- Not since the early 1980s has so much
of the world been in recession.
Oct. 3 -- Funds'
summer drop was worst in eight years:
NEW YORK -- After the worst quarterly showing for stock mutual
funds in eight years, 1998 is looking more and more like the year
of the bond fund.
Oct. 2 -- New device
saves time, money: Schlumberger
Wireline and Testing introduced a new device this week the company
said is unequaled in its ability to pinpoint down-bore fluid flow.
Oct. 2 -- WTU
customers need to pay bills:
Customers racked up $4.9 million in delinquent electricity bills
with West Texas Utilities during 1998's summer heat wave.
Oct. 2 -- Donnell
Cattle and Wehrmann Angus bring bull sale to Expo Center Nov.
11 (J.T. Smith): Angus breeders
Tommy Donnell of Graham and Nick Wehrmann and Richard McClung
Jr. of New Market, Va., will hold their second joint bull sale
at 1 p.m. Nov. 11 at the Taylor County Expo Center in Abilene.
Oct. 2 -- IMF:
Global recession can't be ruled out:
WASHINGTON -- Worldwide economic turmoil has cost millions of
jobs and more than $600 billion in output -- the equivalent of
a country the size of Canada shutting down for a year, the International
Monetary Fund said Wednesday.
Oct. 2 -- Rubin
calls for 'new openness' in global financial system: NEW YORK (AP) -- The financial crisis that spread
from Asia to Russia and now threatens Latin America could erode
a global trend toward free-market economies, Treasury Secretary
Robert Rubin said Thursday.
Oct. 1 -- Finding
right employee not always that easy: Though
regular folks might find the job search a daunting task, it's
not exactly a cake walk for employers, either.
Oct. 1 -- Farm
relief package is lean on relief for ranchers (J.T. Smith):
Although they've been hit as hard
by the Drought of '98 as anyone, little meat for cattlemen was
contained in the $3.9 billion farm relief package announced by
Congress.
Oct. 1 -- Donnell
Cattle and Wehrmann Angus bring bull sale to Expo Center Nov.
11: Angus breeders Tommy Donnell
of Graham and Nick Wehrmann and Richard McClung, Jr., of New Market,
Va., will hold their second joint bull sale at 1 p.m. Nov. 11
at the Taylor County Expo Center in Abilene.
Oct. 1 -- Loopholes
mean $15.7 million in insurance payouts for some West Texas farmers: HOUSTON (AP) - Some West Texas farmers were able
to recoup $15.7 million in insurance claims this year thanks to
federal loopholes that raised crop benchmarks so high that farmers
were guaranteed a payout, the Texas Journal of The Wall Street
Journal reported Wednesday.
January
... February
... March ... April
... May ... June
... July ... August
... September
Back to 1999 Business
News
1997 Business Archives
|