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 February 26, 1998

21st Century Sales Leadership -- You or Your Rivals?
When the year 2000 is upon us, how will it change the way you sell?Here is part II of emerging trends and philosophies that will drive sales into the 21st century. Board your starship, adjust your communication devices and set your phasers on sell.13....
Both Parties Ponder Ways to Simplify Tax Code
WASHINGTON -- Stack it up, and BankBoston's federal tax return stands more than 2 feet tall. Tally them up, and 5,000 staff hours go into preparing the annual returns at Polaroid. Add up the costs, and at Polaroid they include a fee for five outside...
Bricktown Site Goes Downfor Future Parking Garage
A wrecking crew began clearing away the Cox Tomato Warehouse building Wednesday to make way for an eight-story parking garage and retail development by Power Alley.Power Alley principal Marsh Pitman said construction on the $5.2 million project at 222...
Business World
Airline fares soarNEW YORK (NYT) -- American Express has confirmed what business travelers have contended for months: During 1997 air fares underwent the largest annual increase in the last four years. The company, which has been following air fares...
CEOs Split with Greenspan over Impact of Asian Turmoil
WASHINGTON (AP) -- In contrast to Federal Reserve Chairman Alan Greenspan's gloomy ruminations about Asian storm clouds, chief executives of the nation's largest corporations see the region's financial turmoil as having only a small negative effect on...
Coburn Says He Would Leave First
WASHINGTON (AP) -- Rep. Tom Coburn, a practicing physician, said Wednesday he would leave Congress before accepting a House ethics committee decision that bars lawmaker-doctors from making money treating patients."I'm not going to abide by what they've...
Consultants Expect 401(k) Assets to Surpass $1 Trillion in `98
BOSTON -- The assets of 401(k) retirement plans will likely pass $1 trillion for the first time this year, according to an industry consulting group.The assets of these plans totaled more than $950 billion at the end of last year, up from $810 billion...
Court Upholds Cole Grain Decision
Oklahoma Supreme CourtFor the week ending Feb. 24Jim Williamson, d/b/a Williamson Auto vs. Fowler Toyota, Inc., No. 84,904. 12A O.S. 1991, section 9-503 creates nondelegable duty on creditor to refrain from breaching peace when repossessing secured collateral....
Develop Relationships to Keep Customers
Forget the business rulebook about satisfying the customer. Instead, just remember the satisfied customer strategy is good only until the competition lowers its prices, even as little as 2 percent.That was the message brought to Oklahoma City Wednesday...
For U.S. Retailers, Every Day Is Christmas
MESA, Ariz. -- Sue Polen of Mesa, Arizona, starts her Christmas shopping early -- in January."I stock up all year long," said Polen, 55, a legal secretary and mother of seven who frequently dashes off to Macy's or Nordstrom's.Consumers like Polen illustrate...
Hard Stand on Judicial Autonomy
The mighty walls guarding judicial autonomy may be crumbling, but Bill Paul, as the 1999 American Bar Association president, is determined to shore up the damage.Championing the ABA's 346,000-members, Paul says he'll work to protect the independence...
House Members Pass Several Bills Lowering Taxes
Tax-cut fervor continued at the State Capitol Wednesday as House members passed several bills reducing income, sales, estate and vehicle excise taxes.House Bill 2218, by Rep. John Sullivan, R-Tulsa, would reduce the state sales tax on groceries from...
Hungry for Accomplishments
I will never forget the last day I worked for Harold Keith in the University of Oklahoma sports information office. I was leaving for my first full-time job with a daily newspaper, though I was still a student, and Mr. Keith called me into his office."I...
Lawyers Helping Lawyers
Lawyers need courage and compassion as personal virtues. But lawyers may need these virtues in ways that they had not imagined when they first entered the Bar.Becoming a lawyer 30 years ago, I wanted to be courageous on behalf of my clients -- a zealous...
Losing Court Ruling, Credit Unions Battle On
Banks may have won the battle, but they haven't won the war -- or so credit union leaders respond to Wednesday's Supreme Court ruling against the nonprofit industry's membership practices.Bankers, meanwhile, expressed feelings of vindication.In its 5-4...
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,...
OU Receives Highest Mark out of State Schools in Study
In U.S. News & World Report's feared and revered law school rankings, Oklahoma's best showing for 1998 was in the 63rd percentile.The highest score of any Oklahoma law school went to the University of Oklahoma College of Law in the category of job placement...
Proposed No-Fat Plant Makes Progress
A new Hinton firm seeking to produce fat-free cocoa products has received initial approval for a $9.2 million loan to build a 53,000- square-foot plant.The Oklahoma Development Finance Authority approved a bond issue for the loan Wednesday, which will...
Ram Energy Completes Stock Offering
TULSA (JR) -- Ram Energy has completed a public offering of $115 million 10-year senior unsecured notes.Ram simultaneously executed a new $50 million revolving bank credit line with Union Bank of California, Larry E. Lee, president and CEO said Wednesday."The...
Small-Town America Strives to Keep Big-City Vice at Bay
PIKEVILLE, Ky. -- If you're planning to start an escort service in Pikeville, here's a name worth considering: "Scarlet Letter Liaisons." Or how about "Cinderella Companions"?Your date won't be wearing a Scarlet Letter. But she will be carrying photo...
Stocks Rebound, Hit Record Levels
NEW YORK (Bloomberg) -- U.S. stocks rose to records Wednesday, recovering from Tuesday's losses, boosted by a flood of cash into equity mutual funds.The Dow Jones Industrial Average rose 87.68, or 1 percent, to a record 8457.78. The Standard & Poor's...
Temporary Lawyers Gain Acceptance
After practicing law in California for 10 years, Gideon Mark realized that he preferred problem-solving to confrontation and wanted to be a management consultant instead of a litigator. He got a master's degree in business from Columbia University but...
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,...
Year 2000 Problems Also Surface in Cemeteries
The year 2000 is causing problems all over the place. First in the computer room. Now in the cemetery.It's the little "19" that some people had carved into their pre- arranged headstones. If they don't die by the end of 1999, then their families may...

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