The Cincinnati Enquirer
Wednesday, August 16, 2000 -- Volume 5, No. 228
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
FIFTH THIRD BUYS DATA PROCESSOR
Fifth Third Bancorp's Midwest Payment Systems is making its second acquisition in three months, expanding the Cincinnati banking company's fast-growing data processing unit.

INTERNET LOGS CHEERS, JEERS
This weekend, the Cincinnati Bengals provide the perfect “feedback moment.”

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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  Wednesday, August 16, 2000

American Financial: No truth to Advest rumors
        American Financial Group Inc. Tuesday quashed rumors it was negotiating to buy East Coast brokerage Advest Group Inc.

Business Digest
        Anticipating a sharp decline in demand for new trucks, Navistar International Corp. plans to eliminate 1,100 salaried and contract jobs in the coming weeks.

Industry notes: Retail
        When retailers are good, they carry what we want in the right size and color. When they are very good, they offer community programs to get people in the stores for other reasons.

Market highlights
        NEW YORK — Stocks finished mixed Tuesday, as investors sold blue chips after three straight winning sessions and bought some beaten down technology issues.

'Right kind of tax cuts' on table
        WASHINGTON — Industrial production rose solidly in July, boosted by technology equipment turned out by factories, and despite a big drop in electric utility output caused by unseasonably mild weather.

Toyota studies another joint venture
        TOKYO — Toyota Motor Corp., Japan's biggest automaker, said no decision has been made on jointly producing a new sport-utility vehicle with General Motors Corp. at the companies' shared plant in California.

Tristate Business Summary

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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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