Word: cash
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...cash? No problem, see that green and blue glow up ahead? Its a one-every-25 yards Bank Boston...
...modern life: death, taxes - and, for the moment, ATM fees. Monday, a federal judge in San Francisco issued a preliminary injunction against a ban on ATM banking fees that city residents approved earlier this month. The measure would block "double dip" charges, fees levied on consumers who use cash machines belonging to banks other than their own. Currently, both the consumer's bank and the ATM operator take a cut, which can result in a hit of up to $3.50 per use. That's a hefty sum to pay for a transaction that costs banks only about 50 cents...
...bank's ATM without paying a fee," says TIME finance writer Daniel Kadlec. And what about moments when you're trapped 60 miles southeast of Oshkosh and you can't find your own ATM machine? "These machines are an extraordinary convenience," says Kadlec, "and if you're desperate for cash, a $1.50 charge is really insubstantial." Still, to many it seems like too much to pay. "It's hard to know who's the good guy and who's the bad guy in this situation," says TIME business writer John Greenwald. "On the one hand, these systems cost the banks...
Certainly, Gates is more vulnerable now. But betting against him is the longest running mistake in the tech world. Microsoft has the resources and the moxie to survive and thrive. Start with an astounding balance sheet with $19 billion in cash. Interest alone will add $1.6 billion of earnings in the fiscal year ending in June, analysts estimate. That by itself is more than the annual profit of nine of 10 FORTUNE 500 companies. Gates exploits his money machine. He has large stakes in cable, Internet and telecom properties, pretty much assuring himself a big piece of the tech future...
GIVING STOCK Thinking about charitable giving this holiday season? Instead of donating that old coat, consider donating stocks. Donations of stock can beat coats or even cash. Charities can sell the shares of donated stocks tax-free, even if the price has doubled over your cost. And donors get breaks too: no capital-gains tax, and a write-off for the market value of the stock...