Daily Oklahoman (Oklahoma City, OK) articles from August 2000

Daily Oklahoman (Oklahoma City, OK) archives from August 2000

Oklahoma City-Based Trust, Estate Company Builds on Personal Experiences.
August 31, 2000... Byline: Mike Strain Aug. 31--The philosophy is a good one: Take your experience as a customer and use it when you start a business. That's what Nancy Payne Ellis did. Ellis is the chairman of Oklahoma City-based Heritage Trust...

Oklahoma City Restaurateur Helps Found Local Hispanic Chamber of Commerce.
August 31, 2000... Byline: Brian Brus Aug. 31--When Marcelino Garcia decided to start his own business 11 years ago, he had no idea what he was facing. The struggle to find capital, establish his own supply centers, hire employees and promote his business...

Southwestern Bell May Offer Lower Rates if Long-Distance Approval Succeeds.
August 31, 2000... Aug. 31--Southwestern Bell's current in-state, daytime long-distance rates in Oklahoma could be cut 60 percent to 65 percent if Bell is approved for full long-distance service, a Bell official said Wednesday. "Getting back into that full...

Midwestern Telephone Company Seeks Entry into Oklahoma City Market.
August 31, 2000... Byline: Paul English Aug. 31--You've probably seen their billboards. The ones with a picture of a dog and a reference to Southwestern Bell. "100 percent of Our Customers Fired Southwestern Bell," one says. "Think of Us as a Frisky,...

Oklahoma Farmers Watch Hopes for Crops Slowly Dry Up, Die.
August 30, 2000... Byline: Sonya Colberg Aug. 30--Grasshoppers are eating bark from trees. Johnson grass is drying up in the ditches. Ponds are green and stale -- or gone. And, most of all, Oklahoma's farmers are suffering under withering...

New York Health Insurance Firm to End Oklahoma Group Policies.
August 30, 2000... Aug. 30--Citing demographic changes and regulatory developments, the Guardian Life Insurance Co. of America announced Tuesday that it no longer will write new group medical policies for Oklahoma employers. The change is effective Sept. 1....

Tulsa, Okla., Firm Brings Oil, Gas Firms together with Internet.
August 30, 2000... Byline: Gregory Potts Aug. 30--The old economy and the new economy can be a perfect marriage, and a Tulsa company is bringing the two together. "The oil and gas industry has always been behind from a technology standpoint," said John...

$10 Million in Mortgages to Aid Oklahoma City Home Renovations.
August 30, 2000... Byline: Richard Mize Aug. 30--Maybe the $10 million that has been set aside for affordable housing in the metro area should be called a huge "refill housing" program. That's because "infill housing," the program's usual description,...

Troubled Oklahoma City Tire Plant Faces Strike.
August 30, 2000... Byline: Gregory Potts Aug. 30--As if one of the largest product recalls in history weren't trouble enough, Bridgestone/Firestone also faces a potential worker strike this weekend. Oklahoma City workers set up informational pickets...

Oklahoma City-Based Computer Maker, California Distributor to Build Warehouse.
August 29, 2000... Aug. 29--Cole Computer Corp., an Oklahoma City-based manufacturer of personal computers, announced Monday that it has entered into a joint venture with Lasertech Computer Distributor Inc. Under the joint venture, the companies will build...

Oklahoma Natural Gas Distributor Gets New Chairman.
August 29, 2000... Aug. 29--ONEOK Inc.'s directors on Monday elected David Kyle as the company's chairman and chief executive. Kyle, 48, succeeds Larry Brummett, who died Thursday of cancer. Kyle also will retain his position as president. In 1974,...

Lawton, Ardmore, Okla., Tire Plants Offer Support to Area Dealers for Recall.
August 29, 2000... Byline: Jon Denton Aug. 29--Plants in Lawton and Ardmore have begun making many of the 15-inch tires needed to replace the recalled Firestone products, officials said. Firestone's early August recall of 6.5 million tires used on trucks...

Stillwater, Okla., Tech Firm to Market University's Ultraviolet Testing Device.
August 29, 2000... Byline: Sonya Colberg Aug. 29--New technology has arisen from a muddy pond populated with deformed frogs. And, later this week, Oklahoma State University and a Stillwater business plan to sign an agreement to help take that...

Oklahoma Handyman Businesses in Demand for Household Repairs.
August 27, 2000... Byline: Gregory Potts Aug. 27--Despite the popularity of do- it-yourself shows, such as "This Old House" and HGTV, there are still plenty of folks who do not want to do it themselves. That's what Curtis Berry has found during 20...

Oklahoma City-Based Manufacturer Hit with Series of Problems.
August 27, 2000... Byline: Mike Strain Aug. 27--It was another piece of bad news in a year gone bad for CMI Corp. Ten days ago, the Oklahoma City manufacturer hit shareholders with the unusual news that first-quarter results would be restated -- from a...

Oklahoma City-Based Energy Company Joins Other Local Firms on S&P 500.
August 27, 2000... Byline: Mike Strain Aug. 27--It's a sign of growth. It's a sign of being one of the elite companies in the world. Devon Energy Corp. fits the description, and soon the Oklahoma City company will join the S&P 500. Last week, Standard...

Fewer Investors Use 'Buy and Hold' Theory with Stock Market Investments.
August 27, 2000... Byline: Mike Strain Aug. 27--The sage advice wasn't hard for investors to remember: Buy and hold! It's been a time-tested strategy for making money in the stock market -- buy stock in good companies and hold it. The theory...

The Daily Oklahoman Workplace Column.
August 27, 2000... Byline: Charles Crumpley Aug. 27--I've heard business executives complain over the years about "intrusive" federal regulations that force businesses to spend money wastefully to provide an ultra-safe workplace for their employees. ...

The Daily Oklahoman Agricultural Notes Column.
August 26, 2000... Byline: Richard Mize Aug. 26--RANDLETT, Okla.--The Big Pasture is burning up. This part of southwest Oklahoma, known as the Big Pasture since Chisholm Trail days, is in a drought that some say is worse than the one in the 1950s. ...

Oklahoma Dealers Don't Expect Decline in Car Tag Rates to Affect Sales.
August 26, 2000... Byline: Brian Brus Aug. 26--Automobile dealers don't expect the car tag price-reduction law approved by voters this week to be a speed bump in sales. The cheaper rates won't go into effect until Oct. 1. In theory, a consumer could...

Oklahoma Residents Projected to Drive More over Labor Day Weekend.
August 26, 2000... Byline: Paul English Aug. 26--Despite rising gasoline prices, 365,000 Oklahoma residents are expected to hit the road over the Labor Day weekend, AAA Oklahoma said Friday. "We're projecting highway travel to be up 6 percent this...

Lone Mountain, Okla., Landfill to Remain Open Despite Bankruptcy Proceedings.
August 26, 2000... Byline: Paul English Aug. 26--Bankruptcy courts would not permit the closing of Safety-Kleen's Lone Mountain hazardous-waste landfill, the facility's manager said Friday. Doug McLain commented in response to a call Thursday by Claire...

Downtown Oklahoma City Office Building Sold for $12.25 Million.
August 26, 2000... Byline: Richard Mize Aug. 26--Corporate Tower has sold for $12.25 million in a deal that further boosts local investment downtown and will mean a $7.75 million addition to Oklahoma County's tax rolls in January. Oliver Downtown...

Oklahoma League for the Blind Expands Manufacturing Jobs.
August 25, 2000... Byline: Gregory Potts Aug. 25--Oklahoma may have a low unemployment rate, but only 23 percent of the state's blind have jobs. Lauren White, executive director of the Oklahoma League for the Blind, says that's largely because most...

Analysts Echo Warnings of Higher Heating Bills.
August 25, 2000... Byline: Paul English Aug. 25--Analysts outside the oil patch Thursday raised the possibility that Americans this winter will experience record high energy prices, rationing and industrial shutdowns. Whether they use electricity,...

Oklahoma Jobless Rate Continues to Fall.
August 25, 2000... Byline: Gregory Potts Aug. 25--Oklahoma in July continued a phenomenal streak of success in its unemployment rate, according to preliminary data released Thursday by the Oklahoma Employment Security Commission. The unemployment rate...

Orienta, Okla., Landfill Owner Files for Bankruptcy.
August 25, 2000... Byline: Paul English Aug. 25--Oklahoma needs to be concerned about the financial condition of the company that owns the only hazardous waste landfill in the state, an Enid woman said Thursday. Claire Newsom voiced her concerns to the...

Oklahoma Newspaper Revamps Website.
August 25, 2000... Byline: Sonya Colberg Aug. 25--Readers will be able to leap out of bed, take a swig of bottled water and click on The Oklahoman's frequently updated news on the early morning storm, late night football game -- or whatever topic is big on...

Oklahoma Has Trouble Finding Enough Nurses.
August 25, 2000... Byline: Gregory Potts Aug. 25--The nursing ranks in Oklahoma are getting thin and hospitals are beginning to develop plans for staving off a shortage crisis caused by such factors as low nursing school enrollments and an aging nursing...

Oklahoma City Restaurant Construction Wraps Up.
August 25, 2000... Byline: Sonya Colberg Aug. 25--About six months ago, five guys dug into their wallets and bought a restaurant chain. Now, they're wrapping up construction of a 20,000-square-foot building in south Oklahoma City that will include a new...

Dollar Cinemas Fade to Black in Oklahoma City, Okla.
August 24, 2000... Byline: Brian Brus Aug. 24--When the mega movie cinema-plexes came to Oklahoma City a year ago, the small theater owners maintained they could survive with reduced ticket prices and second showings . It's not working out that way....

Attempts to Cool Economy Working, Economist Tells Oklahoma City, Okla., Group.
August 24, 2000... Byline: Mike Strain Aug. 24--The buzzwords these days: "soft landing." That's how economists and others describe what the Federal Reserve is trying to give the nation's red-hot economy. The Fed is trying to bring the economy down...

French Process Adds Flair to Oklahoma Peanuts.
August 24, 2000... Byline: Sonya Colberg Aug. 24--Oklahoma peanuts have picked up a French accent and a look designed to attract Oklahoma consumers. The new Menguy's Peanuts are the first state-of-origin labeled peanuts available to consumers in...

Insurer Lines Up Three Speculative Building Projects in Oklahoma City, Okla.
August 24, 2000... Byline: Richard Mize Aug. 24--Add Kansas City Life Insurance Co. to the investors who've stepped up to testify their faith in Oklahoma City's industrial real estate revival. The huge insurer is certainly no recent convert to property...

Cincinnati-Based Firm Opens Oklahoma City, Okla., Plant for Making Wire Rope.
August 24, 2000... Byline: Jon Denton Aug. 24--Ohio-based F&M Mafco Inc. has opened an Oklahoma City plant to make, test and distribute custom industrial ropes and slings. Although the plant opened in October, employees have spent months gathering...

Oklahoma City's New GM Plant to Cost $700 Million, Begin Production in 2002.
August 23, 2000... Byline: Jon Denton Aug. 23--If Oklahoma were Egypt, conversion of the General Motors Assembly Plant could be likened to building a new pyramid. Maybe that's a bit of a stretch. Completion might not take 20 years and thousands of...

Official Defends Oklahoma Natural Gas Producers.
August 23, 2000... Byline: Paul English Aug. 23--Consumers will blame natural gas producers when gas supplies run short and prices are sharply higher, an Oklahoma Corporation Commission official believes. Michael W. Schmidt, deputy director of the...

Alabama Real Estate Deal Enhances Holdings of Oklahoma City Firm.
August 23, 2000... Byline: Richard Mize Aug. 23--Oklahoma City's Dorchester Capital has significantly increased its local real estate interests -- and gained assets in Alabama -- in deals with a Birmingham company with Sooner connections. Dorchester...

Oklahoma Education Firm Offers State-Certified Teachers, Specialized Tutoring.
August 22, 2000... Byline: Sonya Colberg Aug. 22--A new Oklahoma company is making a business of helping students who don't quite fit into traditional classrooms. The investment community and schools are soaking up the idea of teaching students over the...

Bank of Oklahoma Holding Company to Buy Houston-Based CNBT Bancshares Inc.
August 22, 2000... Byline: Mike Strain Aug. 22--BOK Financial Corp. announced Monday that its expansion into major Southwest markets will continue with the acquisition of a holding company based in Houston. BOK, the holding company for Bank of Oklahoma...

High-Tech Tools Are Changing the Face of College Education.
August 22, 2000... Byline: Sonya Colberg Aug. 22--Students going back to college this year are packing more than pencils and homemade brownies. They're packing a feast of technological goodies that have dramatically changed the way America's college...

Tulsa, Okla.-Based Firm Gaining Pipeline Access in Merger.
August 22, 2000... Byline: Paul English Aug. 22--Corporate Vision Inc. will gain access to about 2,000 miles of intrastate natural gas pipeline in Oklahoma under a pending merger, the company said Monday. Corporate Vision said the merger agreement with...

Mid-Life Crisis Help Lead People to Reassess Their Career Paths.
August 20, 2000... Byline: Gregory Potts Aug. 20--Craving cosmetic surgery or buying a new red sports car often are behaviors labeled "mid- life crisis." But the reality of a mid-life crisis is usually nothing like that, said one Oklahoma City human...

The Daily Oklahoman Charles Crumpley Column.
August 20, 2000... Byline: Charles Crumpley Aug. 20--If you're like many people in this state, you've been transfixed since early May by the lingering scandal in the state Health Department. Allegations of bribery. Ghost employees. Reports of political...

The Daily Oklahoman Earnings Column.
August 20, 2000... Byline: Mike Strain Aug. 20--SHARES OF CMI CORP. SLUMPED 22 PERCENT Thursday when the company released disappointing second-quarter earnings and announced that it was restating its first-quarter results from a profit of 5 cents a share...

The Daily Oklahoman Executive Interview Column.
August 20, 2000... Aug. 20--Customers are shocked when Bill Taylor, president and chief executive of Farm Fresh Inc. personally responds to complaint letters. But Taylor thinks that kind of personal service is one of the things that will ensure continuing...

Economic Developer Leaves Oklahoma City Chamber of Commerce.
August 19, 2000... Byline: Brian Brus Aug. 19--Andrew Burke, who has announced he's leaving as senior vice president of economic development for the Greater Oklahoma City Chamber of Commerce, said Friday that obstacles to his work here would continue to...

The Daily Oklahoman Real Estate Notes Column.
August 19, 2000... Byline: Richard Mize Aug. 19--Lincoln Boulevard could look worlds different by Oklahoma's centennial in 2007, and not just because of the shiny dome atop the state Capitol. Besides the dome, two other major projects, Lincoln...

WorldCom Asks Oklahoma Regulators for Proof of Rival's Open Phone Market.
August 19, 2000... Byline: Paul English Aug. 19--WorldCom Inc. has asked state regulators to require third-party testing of crucial computer links in some of Southwestern Bell's systems, which would be vital in "establishing a truly competitive local phone...

Ardmore, Okla., Pants Plant to Close, 75 Lose Jobs.
August 18, 2000... Byline: Jon Denton Aug. 18--Hagale Industries soon will close its Ardmore pants plant, another casualty of cheap foreign labor, the company's owner said Thursday. The plant employs 75, Jim Hagale said. When employees finish a...

Designers Focus on Plaza between Oklahoma City Convention Center, New Arena.
August 18, 2000... Byline: Jack Money Aug. 18--Two-thirds of the cement has been poured on the 20,000-seat downtown arena while designers are busy drawing up added frills that will connect the new venue with the Myriad. Oklahoma City is expanding the...

Oklahoma City Furniture Sellers Find Web May Not Have Right Touch.
August 18, 2000... Byline: Brian Brus Aug. 18--Thanks to the Internet, consumers can buy just about anything without actually touching it beforehand. That doesn't work for all products, furniture store owners have found. If anything, the furniture...

Oklahoma City-Based Info Tech Firm Gets Border Patrol Contract.
August 18, 2000... Byline: Sonya Colberg Aug. 18--Oklahoma City-based Advancia Corp. has been awarded a contract to look into whether the border patrol and FBI can work together more efficiently, the company said Thursday. Advancia's information...

Strong Earnings Lower Prices of Oklahoma Bank Stocks.
August 17, 2000... Byline: Mike Strain Aug. 17--The story has gone something like this: A bank announces strong earnings -- maybe even record earnings. And then shareholders watch in dismay as the financial institution's stock price falls. Here...

Edmond, Okla., Hospital to Expand Surgery Department.
August 17, 2000... Byline: Richard Mize Aug. 17--EDMOND, Okla.--Edmond Medical Center will break ground today on an $8 million expansion of its surgery department. The project comes less than a year after the completion of a $3 million heart...

Oklahoma City Life Insurance Firm Improves Finances.
August 17, 2000... Byline: Gregory Potts Aug. 17--The beleaguered Mid-Continent Life Insurance Co. is in much better shape today than when it was declared insolvent three years ago, according to a financial report issued Tuesday. The Oklahoma City...

Oklahoma Is on the Brink of a Penny Shortage.
August 17, 2000... Byline: Gregory Potts Aug. 17--Oklahoma is low on pennies, but has plenty of other coins in circulation, a spokeswoman at the Federal Reserve in Oklahoma City said Wednesday. Patricia Thompson said it is not time to declare a penny...

Oklahoma City Retail Sector May Be Facing Crisis over Expansion.
August 17, 2000... Byline: Brian Brus Aug. 17--Oklahoma City's expanding retail sector may be facing the same potential problem as the rest of the country -- too much construction, a manager of the city's biggest commercial realty company said. Carl...

Oklahoma Averages Second-Lowest Gasoline Prices.
August 16, 2000... Byline: Paul English Aug. 16--Oklahomans paid on average $1.33 a gallon for self-serve, regular unleaded gasoline Tuesday, the second cheapest average price of any state, a national survey showed. Average prices were even lower in...

Oklahoma City-Based Oil, Gas Firm Imports Jobs with Purchase of Houston Firm.
August 16, 2000... Byline: Gregory Potts Aug. 16--In the last year, Oklahoma has lost three prominent business headquarters to Texas, but one company is bucking the trend and importing jobs from Texas and Colorado. Devon Energy, based in Oklahoma City...

Woman Protests Oklahoma City Securities Firm.
August 16, 2000... Byline: Gregory Potts Aug. 16--Frances Laningham didn't want to take it anymore, so she took to the street. She claims she lost money because of an Oklahoma City securities firm. Her complaint is with FFP Securities, which does...

Vacant Retail Space in Oklahoma City Is Being Converted for Other Uses.
August 16, 2000... Byline: Andy Parsons Aug. 16--Sherry Nelson never returned the rented movie, but you can't fault her for keeping it -- the video store it belonged to in the Camelot Square shopping center disappeared last year, not even leaving a sign...

Oklahoma City-Based Biotech Firm Give Hope to CEO's Family.
August 15, 2000... Byline: Sonya Colberg Aug. 15--The day the diagnosis came, Megan Crowley could curl her fingers around her daddy's hand. But her legs wouldn't support her. The 15-month-old could smile big, round baby smiles. But the muscles in her...

Oklahoma Christian University Set to Launch E-Campus Service.
August 15, 2000... Byline: Sonya Colberg Aug. 15--A new service at Oklahoma Christian University promises to make students scramble for excuses for unfinished class work. The old excuse -- "My dog ate my paper" and "I forgot what page the assignment...

Two Oklahoma Construction Firms Share Contract to Build Dome on State Capitol.
August 15, 2000... Byline: Mick Hinton Aug. 15--Two longtime Oklahoma construction companies will build the dome on the state Capitol, Gov. Frank Keating said Monday. A joint contract, expected to be about $20 million, has been awarded to Tulsa-based...

Oil Prices Climb as Supplies Dwindle; Increase in Gas Prices Feared.
August 15, 2000... Byline: Russell Ray Aug. 15--Low oil supplies have fueled a resurgence in oil prices, which jumped nearly 3 percent Monday. The upturn may lead to higher gasoline prices in Oklahoma and elsewhere, said Chuck Mai, director of public...

Tulsa-Based Petroleum Company Boasts Good Second Quarter News.
August 15, 2000... Aug. 15--CITGO Petroleum Corp. had net income of $33.2 million in the second quarter, up from 24.9 million in the same quarter last year, the company reported Monday. Income from operations totaled $76.6 million, up from $45 million...

The Daily Oklahoman State Stock Spotlight Column.
August 14, 2000... Byline: Mike Strain Aug. 14--WILLIAMS SHAREHOLDERS MAY GET BIG DIVIDENDS: Williams Cos. shareholders could be in for a hefty dividend if the company proceeds in a direction it appears to be heading. Williams announced last month that...

Presidential Race Means Little to Stock Market, Oklahoma Experts Say.
August 14, 2000... Byline: Brian Brus Aug. 14--Will your investment portfolio favor Al Gore or George W. Bush? The stock market doesn't care, analysts say. "I believe that the presidential election doesn't do much either way for the economy and...

The Daily Oklahoman Charles Crumpley Column.
August 13, 2000... Byline: Charles Crumpley Aug. 13--Talk to just about anyone this summer and you'll hear a horror story about the airlines. You'll hear about delays, missed connections, canceled flights. You'll hear about how Chicago's O'Hare...

The Daily Oklahoman Executive Interview Column.
August 13, 2000... Byline: Jon Denton Aug. 13--Owner Gary D. Smith can stand at one corner of Dealer's Auto Auction of Oklahoma City Inc. and see acres and acres of cars. They aren't his. He fixes them and sells them, and that alone keeps him busy and...

'Angel Investors' Help Young Oklahoma Businesses through Crucial Stage.
August 13, 2000... Byline: Mike Strain Aug. 13--Randy Goldsmith has a pretty simple philosophy when it comes to making capital available for early-stage businesses. "You can never have too much money," said Goldsmith, the executive director of the...

Oklahoma City Venture Capital Firms Seek Early-Stage Companies.
August 13, 2000... Byline: Mike Strain Aug. 13--Greg Main's desk is covered with books. None will be a best seller, but some could be worth big money. The books are business plans from companies seeking cash, and Main and business partner John Frick...

Dynamics Electrify Energy Trading Floor of Oklahoma City Firm.
August 12, 2000... Byline: Paul English Aug. 12--You've got to have a lot of energy to be an energy trader on the trading floor of OGE Energy Resources in Oklahoma City. "It can be very, very busy because electricity is one of the most volatile...

Oklahoma City Home Sales Decline Since July 1999.
August 12, 2000... Byline: Richard Mize Aug. 12--Last summer's tornadoes left a trail of twisted statistics that took a year to detect and won't be cleaned up for months. Home sales handled by real estate agents in the metro area were off 14.8 percent...

Super-Sized McDonald's in Vinita, Okla., Is a Dying Breed.
August 12, 2000... Byline: Richard Mize Aug. 12--VINITA, Okla.--The "World's Largest McDonald's" seems bigger than ever. The 29,135-square-foot restaurant has been in a class by itself since it opened in 1987 in an old Howard Johnson hotel built to...

Governors of Oil, Gas Producing States Unveil National Energy Plan.
August 12, 2000... Byline: Paul English Aug. 12--As consumers fume over higher energy prices, the governors of oil and gas producing states on Friday unveiled their plan for a national energy policy. The governors called attention to the potentially...

Program Offers Students Business Lessons, Contacts.
August 12, 2000... Byline: Edward Klump Aug. 12--For Brandi Harris, Junior Achievement was more than a few weeks of learning about business. It turned out to be a career-altering experience that brought her a job two weeks out of college. "The contacts...

Oklahoma City Xerox Plant Plans to Cut 80 Jobs.
August 12, 2000... Byline: Jon Denton Aug. 12--Oklahoma City's Xerox Manufacturing Plant will drop an outdated toner ink production line, cut 80 jobs and refocus on making products that are in demand, general manager Dave Ferren said Friday. Talk of...

Two Large Music Retailers Open Stores in Oklahoma City.
August 11, 2000... Byline: Brian Brus Aug. 11--The music volume has just been turned up in north Oklahoma City with the addition of two major retailers. Mars Music opened its 25,000-square-foot "supercenter" at 2727 W Memorial Road earlier this month....

Oklahoma City Residents Offered Online Grocery Delivery Service.
August 11, 2000... Byline: Jon Denton Aug. 11--Edmond resident Shelley Peace says she will use her online grocery service even if it costs her more. A part-time computer systems analyst, she is a full-time wife and a mother of two boys. She's willing to...

Oklahoma City-Based Theme Park Operator Blames Weather for Low Earnings.
August 11, 2000... Byline: Mike Strain Aug. 11--It was a theme parks conference call with a Weather Channel theme Thursday as executives of Six Flags Inc. explained what led to disappointing second-quarter earnings. The Oklahoma City-based theme park...

Recall of Firestone Tires Set to Create Shortage of Supplies in Oklahoma.
August 11, 2000... Aug. 11--Oklahomans will see a shortage of replacements for the Firestone tires recalled by the tire maker, suppliers said Thursday. Firestone's recall of 6.5 million tires, announced Wednesday after a two-month government investigation,...

Banking Is Transformed by Online Capabilities.
August 10, 2000... Byline: Edward Klump Aug. 10--As more institutions dive into online banking, industry experts say the next advancements could come in a variety of areas. For example, banks could transform their Web sites into financial destinations....