The Cincinnati Enquirer
Saturday, June 10, 2000 -- Volume 5, No. 162
L O C A L
S P O R T S
B U S I N E S S
W E A T H E R
T R A F F I C
Today's Business
STEEPER DECLINE FOR P&G
With Procter & Gamble's disappointing earnings forecast and management shake-up sinking in, investors drove the company's stock price further down on Friday.
What do you want to know about P&G?

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Special
P&G TURNS TO NEW, OLD LEADERS
New CEO Alan G. Lafley and beloved former chairman John Pepper will try to pull the company out of a slump that has scathed investors.
Headlines
For past stories, please see BackIssues or use our Search Engine.
National headlines from the AP, updated around the clock.

Business Headlines for  Saturday, June 10, 2000

Measure of a company's value has changed
        What's a more valuable company, Procter & Gamble Co. or America Online Inc.?

HIGGINS: Bulls stay on mind, not bears
        Do you remember life before the second week of August 1982?

Savvy Strategies: Partner plan can beat tax
        Strategy: Give away a minority interest in the business, or most of it through a Family Limited Partnership.

Prepaying funeral expenses saves money, relieves burden
        Her children thought she was morbid and didn't want to talk about it. But Rita Wessel said she did it for them — and wishes she had done it years ago.

A bank for just folks
        Though the Tristate is viewed as one of the nation's most competitive banking markets and the number of thrifts is dwindling, three executives next month will begin marketing a folksy, community bank to go after people tired of bank megamergers.

Investors keep heat on Elder-Beerman
        The second-largest shareholder of Elder-Beerman Store Corp. has made good this week on a pledge to nominate three new directors and submitted for proxy 12 proposals seeking to relax the company's bylaws.

Tristate Business Summary
        Cincinnati Machine and DS Technologie GmbH of Germany have formed a joint venture to offer machine-tool product lines to North American companies.

What's the Buzz?
        Hold the syrup, Hyde Parksters — there'll be no more silver dollar pancakes at the corner of Edwards and Madison.

Wholesale prices level
        Wholesale prices showed no change in May as lower costs for energy and food more than offset higher prices for cars and a record jump in the cost of books, according to government figures released Friday.

Company fined in illegal-workers case
        A company was fined $47,650 Friday for obstructing an immigration investigation into illegal workers at a suburban packaging plant.

Internet CornCam thrills thousands
        An Internet camera focused day and night on an Iowa cornfield has proved more interesting than watching grass grow.

Online music company settles copyright case
        MP3.com Inc., operator of an online music library, said Friday it settled copyright-infringement claims by Time Warner Inc.'s Warner Music Group and Bertelsmann AG.

This is 'snot' the average candies
        The array of products on display at North America's largest candy trade show is a staggering tribute to the power of a sweet tooth — and a bit overwhelming to the candy layman.

NEWSMAKERS OF THE FUTURE
Want to know the future? Check out this list. We call it “21 to watch” — 21 rising stars in the fields of news, politics, business, arts and entertainment, food and sports for the 21st century.
21 to watch

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