The Cincinnati Enquirer
Saturday, August 12, 2000 -- Volume 5, No. 224
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
BARGAIN HUNTERS HELP DOW TOP 11,000
The Dow Jones Industrial Average Friday reached its highest level since April, topping the 11,000 mark again.

OUTLET STORE CALLED 'TURNING POINT'
High-end retail is coming back to Forest Fair Mall, but in a form that might be more attainable to the redeveloping center's mixed-income market.

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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, August 12, 2000

Tristate last area for recall
        The rubber might soon literally hit the road for some Tristate residents whose old tires have been recalled by Bridgestone/Firestone Inc.

New stadium will also be party place
        Between graceful pigskin passes, there will be awkwardly hurled bridal bouquets.

High-tech swimsuits made in Ky.
        PARIS, Ky. — Swimmers at next month's Olympic Games might win their races only because Sheila Brady is winning hers.

HIGGINS: Personal finance
        The stock market's schizophrenic spring didn't slow investor interest in equity mutual funds.

Savvy strategies
        Problem: On an upcoming trip you want to mix a little business and pleasure. How do you handle tax deductions?

Stock exchange moves moving to decimals
        Are you ready for the revolution? W.L. Barringer is looking forward to it.

Adobe Inc. sues over patent breach
        NEW YORK — Adobe Systems Inc., maker of the dominant PC graphics software Photoshop, has sued Macromedia Inc., a leading maker of Internet design software, over a patent on how information is displayed on a computer screen.

Disney owes $240M after losing lawsuit
        ORLANDO, Fla. — The Walt Disney Co. stole ideas for a sports complex from two businessmen and should pay $240 million in damages, a jury ruled Friday.

Japan's central bank raises interest rates
        TOKYO — Japan's central bank boosted its profile Friday by raising interest rates in the face of government pressure. But the move left many wondering if its assertiveness will spur the nation's budding economic recovery — or sink it.

K-tel's fall proves lesson for e-commerce
        NEW YORK — Just two years ago, shares of K-tel International Inc. zoomed from $4 to $40 in one day on news that it was remaking itself as an online music vendor. The stock ended late trading Friday at just under $1 a share.

Layoffs part of restructuring at Elder-Beerman
        Elder-Beerman Stores Corp. Friday said it let go of 130 corporate workers as part of a restructuring plan to eliminate millions of dollars in expenses.

The Sophisticated Investor
        So your body is falling apart like a '71 Impala. Gosh, you wonder, is there some way I can profit from that? Sure. You could invest in a health-care fund. They not only have strong demographic trends behind them, but they have an impressive seasonal pop as well.

Business Digest

Tristate Business Summary

What's the Buzz?

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

TECHNOLOGY TODAY
FRIDAY'S BUSINESS STORIES

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