The Cincinnati Enquirer
Wednesday, April 28, 1999 -- Volume 4, No. 118
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
MICROSOFT PROMOTES NEW INTERNET
        Microsoft Corp., criticized for misjudging the importance of the Internet in its earliest days, is joining a research effort to build the formative stages of the next generation of the worldwide computer network.
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National headlines from the AP, updated around the clock.

Business Headlines for  Wednesday, April 28, 1999

Comair's earnings disappoint
        By most accounts Comair had another banner year: Jet service to 14 new markets, a record 6.4 million passengers and a record $132.9 million profit.

Milacron's stock waits
        Last year Milacron Inc. completed what is probably the most significant transformation in its history; but, so far at least, Wall Street seems to have hardly noticed.

Women's firms boom
        NEW YORK — To get ahead in the fuel procurement market, entrepreneur Kristen Schaffner-Irvin computerized her clients' tanks so she could check inventory from her laptop. Her rivals were still using wooden dipsticks.

Asian ivories erase Baldwin's profits
        Low-priced Asian piano imports continue to squeeze Baldwin Piano & Organ Co. in Mason.

Computer virus takes toll after all
        NEW YORK — Proving more destructive than expected, the Chernobyl virus caused hundreds of thousands of computer meltdowns around the world, though the effects were far worse overseas than in the U.S.

Americans' buying power booms
        WASHINGTON — Americans' incomes climbed 4.4 percent in 1998, significantly outpacing inflation. In every state, per capita incomes grew faster than prices.

INDUSTRY NOTES: MEDIA & MARKETING
        While Northlich Stolley LaWarre (NSL) made the roster of the 100 top marketing communications firms in the nation in Adweek magazine last week, two other local agencies stepped into the top tier of agencies as compiled by Advertising Age.

TRISTATE BUSINESS SUMMARY
        Structural Dynamics Research Corp., the Clermont County engineering software developer, has announced a new contract with Lockheed Martin Missiles & Space valued at $5.7 million over three years.

PEOPLE ON THE MOVE
        Henry J. Rossi has been named director, quality assurance, at AK Steel Corp.

TRISTATE MARKET SPOTLIGHT
        Millennium Chemicals Inc. gained $1.25, or almost 7 percent, Tuesday after announcing better-than-expected quarterly earnings. The New Jersey-based petrochemical and specialty chemical company closed at $23.

TECHNOLOGY TODAY
TUESDAY'S BUSINESS STORIES
Business News at the Wire
Today's news
Chernobyl virus
Markets   Economy
Internet  AOL
Microsoft   Apple

Computers
Millennium bug
Computer privacy
Telecommunications
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