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 8, 1999

As Southwest Invades East, Airline Fares Heading South
Since discount airlines like People Express collapsed more than a decade ago, air fares on the East Coast have remained stubbornly high even as prices have fallen elsewhere in the country.But new fare-cutting competition has begun to arrive in the East,...
Austin Firm Gobbles Up Antiques Malls
FORT WORTH -- A new Austin-based company is antiques-mall shopping, but it's not after quaint knickknacks and sundry collectibles.Antiqueland USA is quietly buying up antiques malls around the country, armed with aggressive plans to become the growing...
Baldur's Gate: Cyberspace Version of Dungeons and Dragons
NEW YORK -- The "dungeon master" is out of a job.The computer has taken over and the legions of Dungeons and Dragons diehards who made that cerebral table game a cult classic are ecstatic, their excitement due to Baldur's Gate, an ambitious undertaking...
Below Average Ads
The Super Bowl offers a once-a-year opportunity for advertisers and ad agencies to create reputations and flaunt their best. It's got to the point where some people stay for the ads and go to the bathroom during the game. But not this year.So much money...
Big Stocks Making Big News
NEW YORK -- One of the biggest stock-market stories of the late 1990s has been the renaissance of the blue chips.Through the past several decades on Wall Street, investors learned to think of big stocks as slow and stodgy, "mature" companies that can't...
Business Calendar
Information for the Business Calendar should be sent to Ronnie Clay, The Journal Record, P.O. Box 26370, OKC, 73126-0370, or by fax to 278-2890. Feb. 8University of Central Oklahoma Small Business Development Center "Charting Your Course For New Business"...
Business Leaders Share Ideas with Students
SHAWNEE (JR) -- Some of Oklahoma's business leaders are sharing their secrets with students at St. Gregory's University in Shawnee.The Professional Leadership Series allows SGU students to meet face-to-face with several of Oklahoma's most outstanding...
Business World
How times changeHOLLYWOOD (NYT) -- A year ago the latest crop of films aimed at teen-agers were mostly focused on ax murders and other staples of the horror genre. That left some of the young viewers and not a few parents squeamish. So this year the...
Commission Elects Bryan as 1999 Chair
Bill Bryan has been elected as the 1999 chairman for the Commission on Marginally Producing Oil and Gas Wells. He succeeds longtime chairman John A. Taylor, president of Hiawatha Exploration.Steven Goetzinger was elected vice chairman will be chairman...
Corporate Vision Launches Its First Internet Banking Service
TULSA (JR) -- Corporate Vision has launched its first of several planned Internet banking services, IPOSITE.COM.IPOSITE.COM is an online information clearinghouse that allows investors to download initial public offering prospectuses. IPO downloads will...
Doctors Prescribe Unions as HMO Cure
As doctors grow angrier over managed care, the effort to unionize physicians has sharply accelerated in recent months, with more and more unions scrambling to recruit them and thousands of doctors signing up.More than half a dozen unions -- including...
Do People Truly Build Their Lives around Bonuses?
NEW YORK -- It's bonus season again, and not just on Wall Street. Sure, the financial-services bonus babies are as numerous as ever, offering up silent "show me the money" prayers that last fall's market gyrations will not eat too far into the six- or...
Financial Institutions Wrestle with Y2K Uncertainty
Robert Caruso has always considered small banks a world of certainty and predictability, even during the savings and loan crisis of the 1980s. At Lowell Five Cent Savings Bank, where Caruso is president, the steady faith of loyal customers blends seamlessly...
High Hopes Come with New Markets Initiative
The Clinton administration and U.S. Small Business Administration Administrator Aida Alvarez have announced a sweeping new public/private partnership to provide tax credits, investment capital and credit, and technical assistance to stimulate business...
Keating Signs Oil Tax Bill to Help Struggling Industry
With a working oil well in the background, Gov. Frank Keating signed a bill Friday that will give the ailing oil industry a $66.5 million, 18-month tax break.A companion measure cuts current-year agency budgets $26 million to pay for this year's portion...
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,...
Mum's the Word
In a public garden, blooming flowers are both attractive and quiet; in the same setting, you should be, too.Planes, trains, taxis, taverns and tearooms are not as private as your office, yet I am constantly amazed as I travel across the country by how...
Renovated Waterfront Breathes New Life into Bayside Town
KEMAH, Texas -- In the 1950s, life in this tiny waterfront town revolved around two places: the church and the strip. If you lived here, you went to one after a sinful night at the other. Visitors stuck strictly to the sinning.With its dance halls, supper...
Retailers Try Harder to Sell on Web
There's a growing belief among traditional retailers regarding online shopping: No one knows how big it could get, but in the meantime, more are unwilling to risk the wait unwired.Shopping on the Web still accounts for a small fraction of U.S. retail...
Rising Interest Rates around the Corner?
NEW YORK -- Investors who thought slowing profit growth would do in the bull market in U.S. stocks now have rising interest rates to worry about.The economy's growing faster than expected, cranking out new jobs, boosting wages and -- helped along by...
Rural Enterprises Creates 900 Jobs
DURANT (JR) -- More than 900 jobs were created and retained in 1998 through assistance and loans available at Rural Enterprises of Oklahoma.The Durant-based, nonprofit economic development agency said in its year-end report that it helped secure financing...
Shopping on the Web
As online retailing grows, traditional stores are moving to improve their presence on the Web. Here's a sampling: Wal-Mart (www.wal-mart.com)Offers 175,000-250,000 items for sale online at any given time, compared with the 80,000-100,000 items you...
Sprains and Strains
A "new approach" to permanent disability is being pushed as a major step toward improving Oklahoma's workers compensation laws.The effort is being made by Sen. Jim Maddox, D-Lawton, through Senate Bill 512. Rep. Jari Askins, D-Duncan likely will be the...
Taking Care of Noah's Ark
DUNCAN (AP) -- It is no wonder Paula Titus calls her pet sitting business Noah's Ark. With 20 pets at home, she and her family could certainly get the next ark builder off to a good start. She and her family supply love, kinship and plenty of food to...
Three Years after Huge Telecom Bill, Confusion Reigns
WASHINGTON -- Three years ago, President Clinton signed into law a huge bill to overhaul the nation's telecommunications industry and usher in an era of competition and lower prices.The act was aimed at reforming industries ranging from long- distance...
Unemployment Rate Stable
WASHINGTON (AP) -- The American economy entered the new year on a tear, creating 245,000 jobs in sales, construction, computers and other fields and holding the unemployment rate at a 28-year low of 4.3 percent.The government's first major economic report...
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,...
When to Use Factoring in Your Business
One method of raising short-term funds is factoring accounts receivable.Factoring is the legal purchase of customer debt. The buyer is a factor, and the factor will pay a discounted rate for the receivables, such as 90 cents on the dollar. The seller...
Williams InSite to Cater to Wholesale Carriers
TULSA (JR) -- On Feb. 22, Williams Communications will launch Williams InSite, a Web-based network management system for its wholesale carrier customers.Williams InSite will provide a secure, partitioned view into a carrier's "piece" of the nationwide...
Y2K Bug Promises Legal Firestorms
Estimates of the cost of correcting the Year 2000 computer problem worldwide range from $300 billion to $600 billion. But that's just the beginning. Y2K-related lawsuits may well flood the courts, with a total expense in legal fees that no one seems...
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