THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from October 8, 1998

AG Claims Ruling on Illegal Drugs May Lead to Trouble for Oklahoma
OKLAHOMA CITY (AP) -- The Oklahoma attorney general says a U.S. Supreme Court decision that essentially overturned North Carolina's tax on illegal drugs may spell trouble for a similar law in the Sooner State."I would suggest it (the Supreme Court ruling)...
Antitrust Suit Targets Visa, MasterCard
WASHINGTON (AP) -- The Justice Department sued Visa and MasterCard, the nation's largest credit card networks, on grounds they restrain competition and limit consumers' choices.Together, the two account for 75 percent of credit card sales in the United...
AT&T Launches Lucky Dog Service to Entice Customers
NEW YORK -- Lucky Dog Phone Co. may sound like some mom-and-pop start-up, but it's actually Ma Bell talking.In an unusual twist to the telephone wars, AT&T has decided against using its venerable name for a new service -- Lucky Dog -- that lets customers...
Bennett-Led Group Seeks Control of Baseball Team
OKLAHOMA CITY (JR) -- A group of local investors is in the process of buying a majority interest in the Oklahoma RedHawks minor league baseball team, a team official said Wednesday.Tim O'Toole, RedHawks president and general manager, said a group headed...
BP Expected to Trim Down Chemicals for Merger OK
BRUSSELS (Bloomberg) -- British Petroleum, whose proposed $60 billion purchase of Amoco would be the largest-ever foreign takeover of a U.S. company, may have to sell some of its chemicals businesses for the deal to go through, analysts said Wednesday.BP...
Business World
A brilliant ideaWASHINGTON (AP) -- The Smithsonian did it: launched a magazine that brings in millions of dollars a year in support of the museums' mission. Why not the Park Service?Sen. Slade Gorton, R-Wash., envisions a new, glossy Park Service magazine...
Computer Science Grads Fare Well in Job Market
NEW YORK (AP) -- It's no surprise that candidates with computer expertise are faring well in a hot market, but some of the beginning salaries being offered newly minted graduates might be eye-openers.The average starting salary for May computer science...
Economy Still Holds Momentum
WASHINGTON (Bloomberg) -- The U.S. economy has "fairly significant continued momentum," though its prospects for growth have weakened measurably since Russia defaulted on its debt in August, Federal Reserve Chairman Alan Greenspan said Wednesday.While...
Few Benefit from Heralded Phone Battle
FORT WORTH -- The contest for local phone customers in north Texas kicked off with a gust of hot air last summer.Southwestern Bell, the state's largest local carrier, invaded No. 2 GTE's turf in Plano and Irving, launching its multimillion-dollar challenge...
Group Sponsoring Minority Business Development Week
LAWTON (JR) -- The Southwest Region Minority Business Opportunity Committee will sponsor its first Minority Enterprise Development Week with a series of workshops Oct. 19 and 20 in the Worley Seminar Center at Great Plains Vocational Technical School...
Jasco Refocuses on GE Products
Jasco Products has gained exclusive marketing and distribution rights to the GE brand of consumer electronic accessories for the United States, Mexico and Central America.The announcement came Wednesday after Oklahoma City-based Jasco entered an agreement...
Judicial Panel Grades Appellate Judges High
In sharp contrast to a judicial report card issued by a pro- business special interest group, Oklahoma's appellate judges made the honor roll according to an evaluation commission created by the state's high court.The Oklahoma Judicial Evaluation Commission,...
Many Major Retailers Resist the Internet `Fad'
NEW YORK -- Katharine Bonner, like any 27-year-old software quality assurance engineer, is a Web fiend.She buys everything from software to cross-stitching supplies on the Internet. But clothes, shoes and anything else she'd want to try on? Forget it."You...
Mortgages
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated November 19, 1997.China Court Inc Sean Ting, 409 N W 18th, Oklahoma City OK 73103. Nila Reed. Tingho Investment Corp Sean Ting, 409 N W 18th, Oklahoma City OK 73103. Same...
New Locations
Received: 10/6/98Beaver CountyChesapeake Operating Inc.; Box 18496, OKC 73154 (848-8000); #4- 15 Troy; c n/2 sw 15-6n-28ecm; 1980' fsl & 1320' fwl; 6200' Chester; Oct. 1998 Blaine County Chesapeake Operating Inc.; #3-16 Patterson "D"; c nw 16-17n-11w;...
Oklahoma Music Hall of Fame to Induct Four in November
OKLAHOMA CITY (AP) -- Gene Autry, the late singing cowboy, will be among the four inductees next month into the Oklahoma Music Hall of Fame in Muskogee, Gov. Frank Keating said Wednesday.Other inductees will be Albert E. Brumley, David Gates and Jay...
Remembering Gene
Gene Autry was making "half a million dollars a year" as the first singing cowboy of the movies in 1942, when he enlisted in the Army Air Force to serve in World War II."When I started making $35 a month in the service," he told me back in 1965, "I realized...
Sexual Harassment, Dentist Ads among High Court Topics
The U.S. Supreme Court gears up this week to tackle some weighty issues pending before the nation's highest court.About 45 cases await a decision from the justices, with issues ranging from sexual harassment to dentist advertisements.In Davis vs. Monroe,...
Spooking the U.S. Investor
BOCA RATON, Fla. -- One of Wall Street's favorite maxims is that the time to buy stocks is when everyone hates them. Traders who gathered for their annual convention think U.S. stocks still may not be hated enough.When assessing the market, the traders...
State Auto Tags, Motor Fuel Taxes Hub of Meeting
Many Oklahomans would pay lower auto tag fees if vehicle registration charges were based upon the actual purchase price of a car minus any trade-in value, a Senate panel was told Wednesday.The committee also discussed allowing counties to levy a 1 cent...
The Role Model for Revitalization
The Florida consultant who cut his civic redevelopment teeth on MAPS has become one of Oklahoma City's best promoters."I've been involved in a number of major infrastructure development processes in my career -- none more challenging, satisfying or exhilarating...
To Disclose or Not to Disclose
The following summarize recent local and 10th Circuit court opinions. Oklahoma Supreme CourtFor the week ended Oct. 6 Stanley M. Hoar and Vicki S. Hoar vs. Aetna Casualty and Surety, No. 88,289. Four federal certified questions from the U.S. District...
Warranty Deeds
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...
Wireless, Cable Give Local Phone Companies Run for Money
FORT WORTH (NYT) -- There are two major impending challenges to the local phone companies: wireless and "cable voice" telephone systems.Wireless phone companies are cutting prices and boosting coverage areas, and cable companies are speeding up improvements...