Monday, August 19, 2002

Morning Memo

Hot tips and news to start your business day

        Today's Number: 4.2 - Percentage that car sales worldwide will fall in 2002, according to a new forecast by London-based World Markets Research Centre.

        Today's Money Tip: Even if you have a diversified investment portfolio and retirement savings, you still may need a life-insurance policy. This is especially true if you and your spouse are still working because the insurance benefits can help replace that lost income. The insurance can also help with unanticipated expenses without sacrificing your current lifestyle or plans for the future.

        Today's Career Talk: When Apsley Cherry-Garrad set out for the South Pole in 1911, according to his account in The Worst Journey in the World, he knew that members of the party would be forced to depend upon one another. In that respect, their jobs were no different from any job today: solo performers are rare. When traveling over crevassed terrain on Christmas Day, one member of the party slipped into a deep ravine. Others were there to haul him out of the 50-foot crevasse, though it took a long time. Despite his frostbitten face and hands, the man offered up a timeless response: “I thanked them politely.”

        Today's Company: Mike Albert Leasing

        WHEELING AND DEALING: From fleet leasing to individual rentals and leases, Mike Albert has kept Cincinnati in spare wheels since 1957. Inventory ranges from compact cars to large box trucks.

        ALL THINGS AUTOMOTIVE: The company's location in Evendale offers rental, retail sales and a full-service auto repair and maintenance shop for all vehicles. A second Mike Albert retail location is in Florence; the company also rents vehicles at Cincinnati/Northern Kentucky International Airport.

        VACATION SPECIALS: Minivans are popular rental cars because many families use them for vacations. This is especially true for those who lease their cars and need to minimize mileage.

        Send tips and questions to Bill Ferguson at


New hotel big gamble for casino
Delta healthier than bigger airlines
Baggage screening deadline hard to meet
ECKBERG: Health care premiums on the rise
- Morning Memo
Web site creates Sept. 11 library
Surveillance cameras keep watch on Manhattan
Enron employee's book becomes TV movie
Market's recovery likely to be bumpy
N.Y. Times to publish same-sex commitments