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Business Headlines for Wednesday, November 18, 1998
Food, gasoline prices push up October index
WASHINGTON - Prices were slightly up in October for household items such as fresh vegetables, school supplies and gasoline, but inflation overall was still tame.
DaimlerChrysler opens trading
NEW YORK - Wall Street and the world welcomed the birth Tuesday of DaimlerChrysler AG, a new automotive giant that promises to be the model for global corporations in the 21st century.
Michel Tire in merger accord
Michel Tire Co., which has grown from one store on Glenway Avenue into a chain with 61 locations in five states since 1970, has merged with a growing Florida-based tire and auto service chain.
Ad council to honor Pepper
Procter & Gamble Co.'s John Pepper today will receive the Advertising Council's public service award for his philanthropic efforts.
Minority business students aided
When the brokerage Kidder Peabody shut its doors amid scandal in 1994, Ana Leonard - an information technology professional there - interpreted it as a message from God: Go back to school and get your Ph.D.
INDUSTRY NOTES: MEDIA & MARKETING
Lohre & Associates, a full-service marketing and advertising agency founded in 1938, has been named agency of record for Cook Screen Technologies Inc.
PEOPLE ON THE MOVE
Gene Surprenant has been named general manager of landfill operations at Rumpke Consolidated Cos.
TRISTATE MARKET SPOTLIGHT
Shares of Structural Dynamics Research Corp. gained 50 cents Tuesday to close at $17.50, a three-month high.
TRISTATE SUMMARY
Elder-Beerman Stores Corp. reported rising sales and income in the third quarter 1998, compared with the same period last year, when the retailer was preparing to emerge from bankruptcy protection.
GoCINCINNATI GETS NEW NAME
For new Internet surfers boggled by the variety of the World Wide Web, the Cincinnati junction of the information network has come into sharp focus.
GREATER CINCINNATI 100
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