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 September 23, 1998

After Recruiting Elderly, Many HMOs Now Retreat
Like thousands of other elderly Americans, Eugene DeLorenzo of Chico, Calif., cannot find a Medicare health maintenance organization in his area.DeLorenzo, a 75-year-old retired real estate broker and his wife, Yuriko, enrolled July 1 in the Medicare...
Automakers Wage Price War
On the eve of the new model year, automakers have a lot to be thankful for: The economy's humming along on all cylinders, gasoline's cheap and demand for new cars and trucks remains healthy.This normally would be an opportune time to raise prices. Instead,...
Business World
IBM re-enters home arenaARMONK, N.Y. (Bloomberg) -- International Business Machines is aiming to increase its share of the personal-computer market this holiday season with four new home PCs, taking on models from Compaq and others. The world's largest...
Decreased Oil Prices Expected to Undercut Quarterly Earnings
NEW YORK (Bloomberg) -- Large U.S. oil companies will see earnings fall 19 percent to 54 percent in the third quarter as oil prices hover at their lowest levels in 12 years."There are no bright spots," said Jim Van Alen, an analyst at Janney Montgomery...
Economic Outlook: End of `Nice Run'
Thomas Davis prescribed some preventive medicine before delivering his diagnosis at Tuesday's Economic Outlook Conference."Did you bring your Prozac? Because this is not going to be good."As the chief economist for Motorola, Davis looks for a 1.5 percent...
Financier Wayne Huizenga Changing Automotive Retailing
DETROIT -- Until a few years ago, billionaire H. Wayne Huizenga knew little about the car business. Today he's the biggest owner of dealerships in the nation and a major force for change in the auto industry.The chairman of Republic Industries has challenged...
Governor's Arts Awards
October is National Arts and Humanities Month and what better month in which to present the Governor's Arts Awards? This year's ceremony, at which Gov. Frank Keating will present the awards, is scheduled at 4 p.m. Oct. 22 on the fourth floor rotunda...
Hart: Congress Remains in Slow Motion with Elderly
Though the "greying of America" is a well-known phenomenon, Congress won't deal with it anytime soon, says Washington lobbyist J. Steven Hart.Speaking at the Economic Outlook Conference Tuesday, Hart said Congress has to be in crisis-mode in order to...
Husband/wife Team Begins Practice in Pauls Valley
"Blessed are those who give themselves in marriage to physicians...."While Christ didn't include such a blessing in the Beatitudes, it seems somewhat appropriate when considering the hardships that serving in the health care community throws upon wedlock....
Legislators Resurrecting Mental Health Parity Bill
Lawmakers are preparing to take another stab at passing legislation to require health insurers to provide coverage for mental health parity.Rep. Wayne Pettigrew, R-Edmond, who asked for the study of the issue, told the House Mental Health Committee on...
Looking at Indoor Air
Considering that Americans spend 93 percent of their time indoors, it might seem difficult to overestimate the importance of maintaining a clean indoor air environment. But even with such a basic life- quality issue, there are interests to be balanced.Highlighting...
Managed-Care Companies Give Drugmakers Boost
NEW YORK (Bloomberg) -- U.S. drugmakers, including Warner-Lambert, Pfizer and Schering-Plough, will report higher third quarter profits, thanks to an expanding market for pills to treat chronic ailments such as diabetes, high cholesterol and high blood...
Managed-Care Firms to Post Mixed Results
NEW YORK (Bloomberg) -- Humana, PacifiCare Health Systems and WellPoint Health Networks will report higher third quarter profits as their premium increases outpace rising costs in the U.S. managed-care industry.Others such as Foundation Health Systems...
May Named Editor of Transport One
OKLAHOMA CITY (JR) -- Bill May has been named editor of TransPort One, a semimonthly publication of the Journal Record Publishing Co. covering Oklahoma's multi-modal transportation system.May, who has been covering transportation for The Journal Record...
Minimum Wage Hike Proposal Fails
WASHINGTON (AP) -- A proposal to raise the minimum wage by $1 an hour was defeated Tuesday in the Senate, and Democratic supporters vowed to campaign hard on the issue between now and the November elections.The measure, defeated by a 55-44 vote, would...
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,...
Panel to Develop Estate Tax Proposals
The Citizens' Task Force on Taxation has formed a subcommittee to come up with recommendations for additional changes to Oklahoma's estate tax.Appointed to a subcommittee to study the issue were Barbara Ley, Oklahoma City; Frederick Drummond, Pawhuska;...
Southwest Doctor Meets Medicine Man
ALBUQUERQUE, N.M. -- Elena Avila, a psychiatric nurse, donned a headband to join a ceremonial procession with Mayan healers in colorful embroidered dresses and Aztec dancers wearing brightly feathered headdresses.The procession opened the 12th International...
State Takes Literacy Efforts to the Workplace
OKLAHOMA CITY (JR) -- One feature of diverse state literacy efforts is "taking basic skills to the workplace," such as teaching employees how to read work orders and to make changes in an era of computers, legislators were informed this week.A House...
Stocks Close Mixed
NEW YORK (Bloomberg) -- U.S. stocks were mixed Tuesday as investors sought safety from global economic slowdowns by buying drugmakers, and companies that derive much of their revenue abroad fell.The Dow Jones Industrial average fell 36.05, or 0.5 percent,...
The Restructuring Automotive World
Here are some recent developments in the restructuring of automotive retailing in the United States:Republic Industries -- Purchased 340 new-car dealerships nationwide since December 1996. The publicly traded company also has opened 37 AutoNation USA...
Tired of Market Losses? How about a Guaranteed 3.4% a Year?
NEW YORK -- The full impact of letting gas out of the stock market balloon hasn't been felt in full yet, but when that time comes, it could send small investors scurrying for safety in less volatile investments.Basic lessons will be learned. For example,...
TI Stakes Its Future on a Small, Higher-Priced Chip
DALLAS -- Texas Instruments, a company that used to make everything from missile-guidance systems to children's toys, has placed a big bet on a small chip.The company is staking its future on super-fast digital signal processors, chips that run mobile...
Wacker Shares Keys to Success for Businesses in the Future
Watts Wacker isn't your run-of-the-mill consultant. He helps companies develop a 500-year plan.The noted futurist -- a frequent commentator on Good Morning America and in such publications as the New York Times and The Wall Street Journal -- gave the...
Warner: Leaders Rise to Challenge
State leaders are well versed in dealing with downturns, notes Larkin Warner, having responded well to many economic challenges over the last two decades.The Oklahoma State University regent professor of economics Tuesday offered the Economic Outlook...
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,...
What Truly Frightens Greenspan? Latin America
NEW YORK -- First Asia. Then Russia. Now Latin America. There are days when it seems that the United States might soon be the only economy standing upright.When financial crisis struck Asia 14 months ago, it seemed a long way away and, besides, the U.S....