Login | May 25, 2013
Akron Legal News
Business
Goodyear's new Ohio HQs: huddle rooms and more
AKRON, Ohio (AP) — Goodyear's brand-spanking-new, state-of-the-art headquarters has "huddle rooms."
Don't confuse those with numerous other conference and training rooms sprinkled around the 639,000-square-foot, seven-story structure. Atriums contribute mightily to vast amounts of open space. Carpeting subtly hin ... (full story)
The Japanese market and why the money supply pushes up US stock prices
Dear Mr. Berko: You have said often that the $85 billion a month the Federal Reserve injects into the banking system has forced stock prices to rise. Could you please explain why or how in simple layman's English? Also, could you recommend some Japanese stocks that trade in the U.S. market? An article I read in a business publicati ... (full story)
Do you have enough money to retire? New study notes problems for young baby boomers
NEW YORK -- A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
The study found that members of Generation X, who are now between 38 and 47 years old, lost almost half thei ... (full story)
Amtrak unveils locomotives to replace aging fleet
NEWARK, N.J. (AP) — When Amtrak unveils the first of 70 new locomotives Monday at a plant in California, it will mark what the national passenger railroad service hopes will be a new era of better reliability, streamlined maintenance and better energy efficiency.
On a broader scale, the new engines could well be viewed as ... (full story)
TIPS and lost pension
Dear Mr. Berko: How can you recommend Treasury inflation-protected securities? The government claims that inflation is 1.8 percent. That is ridiculous. It's much higher than that. Our homeowners insurance just increased to $7,800 on a home worth $340,000. Restaurant prices have increased by more than 10 percent, and so have movie t ... (full story)