The Tribune from San Luis Obispo, California • 20

I BUSINESS Sai Luts Obteoo County TeteganvTrtfaune Tliesday May 19 1998 -s 4 'business roundup I HEALTH CARE Fed meeting not likely Of 35 surveyed last to lead to interest hike 1L i- til 1 -'w Court OKs forced week by a New York in- frighten consumes and peychologfcally put a WASHINGTON With die economy bouno- vestment house 83 predicted the Fed would chill on die economy" said StevcCdlms econo-lng toward a record eight-year run people are make no change in Interest rates even though mist for the Amenran Automobile Manuactur-askinc long can the good times there are signs the economy has heated un Some ers Association in Washington The Federal Reserve dearly fearful that die believe it may be next year before Federal Be- He and other economists admit there arerefr robust economy will set lire to inflation could serve Chairman Alan Greenspan and other and- sonstartheFbdtobeconcerped abrattafladjkm throw a damper cm things as early as today by inflation hawks have reason to ratchet up rates even though it is at its lowest slncel9G5 Wholeraising interest rates and the cost of borrowing That's good news for consumers because sale prices rose in April reversing a seven- fir consumers and corporations many adJustabfento consumer loans car loans monfoalida And consumer pncea--especially That could bring a sharp halt in consumer and home equity loans are tied to the prime rate for tobacco took the biggest Jump in six spending and rock the stock market charged by banks When the fed hikes its bench- months April's unemployment rate dropped to a But thotis little chance of that happening fob mark fond rate hnnkt follow by hiking prims 38-year low of 43 percent down from 47 percent week or even in July when foe Fed meets again rates and consumerloan rates in March ''4 gr i r- fr I 'itV Jfc-vN Jr- -sr '41 'JO fi j- v-jper Hobart DyorTetefram-Tribuno ON THE MAP: The Paso train station visitors' center is a Joint promotion of the city and the Chamber of Commerce in hopes that visitors will connect with the city Drew Rossi 4 and grandfather Bill Baltezar of Salinas look over the goodies at the center retirement for pilots WASHINGTON (AF) The Suixvme Court left intact a federal rule that requires airline pilots to retire when they reach age GO turning away arguments that they are being victimized by age fltfrimtwaHnn Hie Justice acting without comment Monday rejected a challenge by pilotstothe Federal Aviation Administration regulation The FAA says the rule is a matter of safety not discrimination But pilots challenging it call it arbitrary and dte examples of biahly capable older fliers including Sen John Glenn foe 77-yeawdd former test pilot who will return to space 1 was able to do the Job and pass any test that they gave to any pilot of any other age but merely because I had a bad birthday I was out" said William Reiners nt a firmer American Airlines captain from Brentwood Term who was among those challenging the rule Instead of ferrying passengers around the world the 62-yearold now mountain bikes and is planning a hiktng trip this auramer with his children "Real disabled huh?" Reiners The Federal Aviation Administration Imposed foe mandatory retirement age in I960 It reviewed the limit in 1996 but Instead of revising it it extended the "Age 60 Rule" to some commuter airlines not previously covered The FAA argues foat it cannot ensure foat pilots over age GO win not be incapacitated by a heart at-tack or suffer from a subtle loss of their mental capabilities The rule subsequently was challenged by Reiners Philip Slung a Continental Express pilot and foe Professional Pilots Federation They contended that the rule violated the Age Discrimination in Employment Act a 1967 federal law which protects workers over 40 from employer bias The challenge initially was rejected by a 2-1 vote of foe US Circuit Court of Appeals fcr the District of Columbia "Nothing in the (1967) act can plausibly be read to restrict the FAA from making age a criterion fcr employment when it acti in its capacity as a guarantor of public safety in the the aroeals court ruled In dissent Judge Patricia Wald noted a trend among foreign aviation authorities to allow pikas over GO to fly" The court case played out against a political backdrop The 804100-member Air Lina Pilots Association challenged the "Age GO Rule all the way to foe Supreme Court in the 1970s Now it strongly Davors ft Critics say foat is because the majority or its members are younger pilots who benefit from the forced retirements A senior pilot at a major airline can make over $1504)00 per yea while a starting ot at a commuter airline is paid foe teem "Seniority is golden in this said Cul MltcheU a firmer Continental Airlines pilot from'GainesvUleTbxai Cardinal buys firm DUBLDi Ohio Cardinal Health the second- Jl-I A 1- 1 largest arug aistxioutoi swat loving RP Scherer Con foe lanjest maker ofscft pdortr) i-ppail fa thp latucf mru soUdation of die healthcare Industry The $21 billion merger an-nouncad Monday would give Can dinal Health greater control over -ij pracnpuon drags sou nanon wide making It a supplier for drug wholeaalen and not Justa wiHtHawinn compete against sdfdistri-5 butiai by manufacturers day In and day said Cardinal Health upAwaunman TVhra Hadley chains and other power Inyen can negotiate with 1 J--1- 7 manuacturenanapypasswiiMe-a safer ao we have to be an ex-tremdy efficient alternative AUTOMOBILES K- Board seat eyed STUTTGART Germany (KRT) Leaden than automobile unions In the United States and Germany plan to meet next week to decide whether a United Auto Workers representative win be on the supervisory board of Dalm-feiChryBlerAG The question bone of flu hottest issues in the merger of iDaimler-Benz AG and Chrysler lCom die UAW gets a seat on the board it win attend three or four 1 doseddoor meetings each year wffli rtatm1nr-Pif7 fVilrf gwriw 7 the Juergen Schrempp and other executives of Europe's wealthiest corporation 'ASIAN CRISIS Jobless rate up Unem- ptoyment in Hong Kong surged to a 14-year high of 3J) parent in -foe threemonth period ended in 'April foe latest in series of in-creases caused by Asia's econom-lnicwoes Joseph Wong foe government secretary for education and manpower on Monday kdd a news conference foat Hong Kong was suffering the impact of foe regional financial Government economist Thng IKwong-ylu said unemployment was stabilizing at a high" lauJ riIWBL MARUSKA from D-i turners weren't willing to wait for downloads and pay dollars of connect time for something they could buy for 25 cents After dreds of millions of doHars in in vestment In tow-benefit blgh-re- source services Oft) these players dropped out of the maifcet It gets foe opportunities out of your bead and down where you can evaluate them The members of a vflrmnnuLThey wanted to do everything but Just couldn't keep upl I guided them through the "Opportunity sorted process Within a few hours they defined a shared set of priorities and plans business is growing more profitable and less stressfoL You can achieve agreement with a large number of persons quickly and effectively Typical group discussions get sidetracked on unpromising opportunities or ego conflicts The "Opportunity sorter" involves everyone without shooting down others' ideas Businesses ranging from multl-stors retailers to production plants and groups of managers and employees numbering 100 or more have met together and agreed upon key opportunities and plana with method This process especially helps ''when participants don't have a tot of experience working together like at board and management Everyone participates and foe best opportunities rise to the topi i The "Opportunity sorter" helps teams stay focused The engineer lng group at a production plant had twice as many project requests ss it AMTRAK from D-l The tax collected on lodging In ftso RoUes went from $4834)00 in 199M6 to $5284)00 in 199M7 It's expected to readi $5504)00 by tills June when 1997-96 numbers are totalled Mason said Amtrak's investment in package deals for Paso Robles might also include sane tourism marketing help fcr the city Roaenwald said While he's hoping foe packages can piggy-back on some existing advertising in foe Los Angeles Times and San Francisco Chronicle by local tourism promoters Rosen wald said Amtrak will likely market on our own with newspaper ads foat promote Paso Robies as a destination directly through A Jr rurfflitn would have been able to come hero but the problem is I would have had no ability at all to make something happen" he said "The difference in foe new Amtrak is foat everything about the train does come under my The Paso Robies Chamber is also finding itself In a new role since it will be handling the packages themselves booking reservations fcr the visitors The chamber isn't trying to become a fhll-fledged tour company Mason said to not an enter prise fcr us" die sail Just trying to fill the void so we have more than Justa train stop with people getting off not Just leaving them on the track so to speak" death while foe driver of foe pickup No punitive damages were awarded think they were warranted" said attorney Sheldon Schlesingo who represented the McGeei GM lawyers said they would appeal thought our case was a very strong laid attorney WmiamKbt "This was a very freak The pickup drive Curtis Cnton of Virginia Beach Vs settled his cue with the McGees for an undla-doeod amount dfaw enwiprttttnn creates i good marketing opportunity to service a town like Paso Robles foat you realty cant get to if you want to Rosenwald said really isn't any other direct competition other than the Whatever reasons there are for Amtrak's interest in Paso Roble tills much is sure Rosenwald said: none of this would ever have happened in the "old The railroad service a quastgov-eramental agency has been through massive decentralization Decisions that once suffered death by committee in Washington DC can now be made on foe fly by local management Rosenwald said MSaL Rosenwald also has ideas fbr foe Wine Festival which he attended last weekend fir the sixth straight yeai He wants to aee a dedicated sleeper train with 200 to 300 people aboard pullinto Paso Rrtdes on Wine festival Weekend pull off the track and seraasatemporayhoteL fed like Just at foe tip of foe fcr tourism in Paso Robles Rosenwald says His own relationship with foe city began five yean ago when be got a Wine festival flier in foe mall and drove up from Loa Angeles with a friend to check It out He's come every year sinoa There's another reason Rosenwald is interested in Paso Robles: i if i i Choose selectively fJEElGHI GM ordered to pay $33M in gas-tank fire Opportunity sorter Use this grid to guide you in setting oriorities to reach vour wnafc VI Iwl IHvV WW Wl WHWI high kA Go for these (D 0Q low Give low priority low high Resources HOLLYWOOD Fla A jury ordered General Motors Corpi on Monday to pay $33 million to foe family of a 13-yearold boy who was burned to death when foe gas tank on the family car exploded In a bizarre 1991 aocidnnt parent should have to watdi foeir efafld die like said Constance McGee who hugged each Juror after the panel was excused never did this fcr foe money Ws did it fcr Shane" The eix-month trial was the longest liability ct9e In CM'S history company attorney James Feeney said Dozens of auto parts were displayed evidence most prominently foe McGees' rusted gas tank Jurors agreed with foe allegations that foe lack of a protective shield owr foe gas tank turned their 1963 Oidsmnbile Cutlass Cruiser into a potential bomb with the ex-plosiveness of 100 sticks of dynamite Robert and Constance McGee were awarded $G0 million in damage Juran said GM was 55 parent responsible for Shane McGee's CUTML COAST HEFERMIS Is abort lecal beslaesa referring lllMl bCd fcMlSNM MUiAl noli Mfcm A foeaMAaa (Sa Wami yi RRff see WM vohiim and quaWy your buaJnaai? Than Join ual mad EVERY TUESDAY 7:30 ajn Black Hlfla Ort MB GoN Count (No Mamharahlp Fata) For More Information Cag 604-3533 or Fas 772-41M achieve them Don btarusko (MBA JD) it a business coadi tcUh offers In Morro Day CaJlfimla and clients throughout the US Ik was CEO (f 3 Silicon Valley companies and a oentun In-vtstor In start-ups that beam public companteiCall him with qutt-lions or comments at 772-4667 or emaU todontodonmaniskacom Call Chase Lock In Lower Interest Rate 5 Lower Mortaaae Payment Avoid the wait! Go direct to CHASE Il I MANHATTAN MORTGAGE -f1150OoaSu Suite 110 San Lula Obispo 93401 (BOS) 547-9696 Extended Evening and Weekend Hours l-000-794'9475 (ft -MMMmtniMMaMSaiiMMIMp SUM Sourco: Don Maniska 1998 could ever fulfUL The group members used the grid to sort foe projects with other departments Everyone got behind foe Important projects and deleted foe least attractive ones Plant performance improved and morale rose with more manageable workload The "Opportunity sorter" is a good graphical way to identify the beat returns and rally your team to man Lugar and Kentucky Sen Mitch McConnell said they would offer their measure aa an amendment to the comprehensive tobacco legislation the Senate is debating this week That overall bill also contain! buyout provisions for tobacco farmers but would maintain the tobacco program foat limits pro rally your team to "Bill would end tobacco support payments ta WlCtflMrVTVtM SID TV Cfl nik I I WASHINGTON The Dick of Indiana duction and boost prices Lugar said foat makes no sense do not believe it is appropriate fur the federal government to continue a program which makea the production of tobacco more lucrative" Lugar told reporters AP) 68-year-oid federal tobacco price sup- pert program would end by 2002 and noldere of tobacco quota would be bought out for $8 a pound under an alternative farmer assistance bill unveiled Monday by two Republican senators Agriculture Committee Chair KlGGCil C20DDT) GO ILQEJGOD HgO? 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