The Cincinnati Enquirer
Friday, Nov. 19, 1999 -- Volume 4, No. 325
L O C A L
S P O R T S
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W E A T H E R
T R A F F I C
Today's Business
CRUDE OIL PRICES CLIMBING STEEPLY
        Crude oil prices climbed to their highest level since the Persian Gulf War on Thursday. It's an increase that, early next year, will mean steeper gasoline prices, possibly surcharges on plane tickets and higher costs on products ranging from plastic goods to anything that's shipped.
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Special
microsoft
Continuing updates
SPECIAL MICROSOFT REPORT
Any investor with a 401(k) plan or slice of a high-growth mutual fund probably owns a byte or two of the giant.
Monopoly ruling stirs local passions
Decision may help computer users
Outcome may take years to unfold
Q & A Text of judge's decision
Headlines
For past stories, please see BackIssues or use our Search Engine.
National headlines from the AP, updated around the clock.

Business Headlines for  Friday, Nov. 19, 1999

Economic downturn predicted
        ANN ARBOR, Mich. — Forecasters at the University of Michigan see slower growth, higher interest rates, a weaker dollar, softer home sales and a slight rise in inflation ahead.

Trade deficit a blot on stellar economy
        WASHINGTON — The U.S. trade deficit widened to $24.4 billion in September even though American farmers saw their exports climb to the highest level in 19 months.

Circleport park grows again
        Corporex Cos.' Circleport office park near the Cincinnati/Northern Kentucky International Airport is expanding on a number of fronts, adding tenants, office space and land, the company said Thursday.

Suit says LCA founder swindled
        LCA-Vision Inc. founder Stephen Joffe and his wife lost more than $4 million worth of their own company stock after pledging the shares as collateral for a loan from Credit Bancorp Ltd.

Health Alliance aims to stay intact
        Contrary to speculation, the Health Alliance of Greater Cincinnati will not be breaking up anytime soon.

TRISTATE BUSINESS SUMMARY
        Elder-Beerman Stores Corp. posted a third-quarter loss on higher sales after factoring in costs associated with its discontinued shoe division.

INDUSTRY NOTES: MANUFACTURING
        W. James McNerney Jr., president of GE Aircraft Engines and possible successor to GE Chairman Jack Welch, will be keynote speaker at the Greater Cincinnati Chamber of Commerce's annual business luncheon today.

TRISTATE MARKET SPOTLIGHT
        Shares of Chemed Corp. gained $2.121/2, or 8.5 percent, to close Thursday at $27.061/4.

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