The Cincinnati Enquirer
Saturday, September 9, 2000 -- Volume 5, No. 252
L O C A L
S P O R T S
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W E A T H E R
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Today's Business
FIRESTONE OR NOT, TIRES SCARCE
Those looking for a new set of P235/75R15-size tires could have to wait awhile, even if they aren't Firestones.

DELTA GETS YOU THERE, SLOWLY
If you flew Delta Air Lines earlier this year, you stood the lowest chance of getting bumped from your flight — but still only a mediocre chance of getting to your destination on time.
Delta pilots want contract

FEDERATED COULD DUMP FINGERHUT
Just 17 months after paying $1.7 billion for the Fingerhut catalog company, Federated Department Stores Inc. is exploring its possible sale and other efforts to resuscitate the troubled division.

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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, September 09, 2000

Something to bark about
        Procter & Gamble's acquisition of Dayton-based pet-food maker Iams Co. a little more than a year ago drew muffled growls from some of Wall Street's big dogs because of the hefty price tag — $2.3 billion in cash.

Euro slide continues
        For those considering a European trip, now could be the time to go.

Relief in price of oil unlikely
        LONDON — French truckers are blocking roads over gasoline prices. Americans fret about home heating oil costs. Asians are debating how to fight inflation stoked by costlier oil.

Business Digest

        A day after Ameritech service was publicly censured at a hearing in Chicago, SBC put Edward Mueller in charge of the five-state Ameritech region previously handled by Jim Shelley. Mueller, Ameritech's new president and chief executive officer, will report directly to SBC chief Edward Whitacre Jr.
       

Citigroup purchase reveals big lender
        NEW YORK — Millions of Americans own credit cards issued by such well known companies as Texaco, Radio Shack and Office Depot.

Earnings warnings put damper on stocks
        NEW YORK — With the Federal Reserve unlikely to seek another interest rate increase for at least a few months, investors might think the stock market — and their portfolios — are likely to be more secure for a while.

HIGGINS: The big picture
        With all of the talk about paying down the national debt combined with the misinformation of an election year, it's surprising no one has yet brought up what happened the last time the United States was debt-free.

Mitsubishi shake-up sends old management packing
        TOKYO — Mitsubishi Motors Corp. reshuffled its management Friday in an attempt to restore its credibility, battered by recent revelations of a cover-up of auto defects stretching over two decades.

Savvy strategies
        Problem: It's better to give than receive — but you want to give tax-efficiently.

The Sophisticated Investor
        Watching the stock market is like visiting the little girl in The Exorcist, a 1970s movie about satanic possession. Sometimes the market is sweet and cute; other times it giggles while it throws your stocks down the stairs.

Wal-Mart's low prices too low for Germany's retail regulators
        BERLIN — Wal-Mart's “Always Low Prices” were too low for strict German regulators, who ordered the U.S. giant and two German rivals Friday to call off their price war on groceries — because it could drive mom-and-pop shops out of business.

Your 401(k) not OK? Speak up
        If you've got a complaint about your company's 401(k) — it's underperforming, you want more investment options or you would like to have a loan option — make your voice heard.

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
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