Business Briefs

Reported by Star-Bulletin staff & wire

Tuesday, May 5, 1998

Oahu seniors' project offers long-term care

The One Kalakaua Senior Living project in Honolulu has opened its Hale Ola Kino health center for residents and the general public.

The health center has received certification to provide Medicare and Medicaid coverage for long-term care, said Cynthia Thorland, the project's executive director.

Hale Ola Kino, which is Hawaiian for "House of Wellness," provides scheduled admissions 24 hours a day, seven days a week, Thorland said. A nursing staff is augmented by professionals in physical, occupational and speech therapy as needed, she said. Hospice Hawaii has been contracted to provide hospice services.

Life Care Services Corp. of Des Moines, Iowa, is the parent company of One Kalakaua Senior Living, a 166-unit condominium at South Beretania Street and Kalakaua Avenue.

AT&T, Lycos team up on Internet venture

WALTHAM, Mass. AT&T Corp. and Lycos Inc., a provider of Internet navigation software, will team up to offer Internet-based consumer communications services, the companies announced.

Under the three-year deal, the companies will offer Lycos users multimedia applications that will combine Web-based technology with traditional communications services.

The online service created by the alliance will be called Lycos Online Powered by AT&T WorldNet Service. It will include search and navigation software, free e-mail, shopping, chat and personalized information such as news, sports and entertainment, the companies said yesterday.

AT&T, the nation's largest long-distance phone company, is based in Basking Ridge, N.J. Lycos is based in Waltham, Mass.

Clinton, Greenspan chat about economy

WASHINGTON President Clinton invited Federal Reserve Chairman Alan Greenspan to the White House today to talk about the economy.

The midafternoon session was one in a series of occasional meetings between the president and the Fed chairman, one of the most powerful men in the world because of his control of the nation's money supply and interest rates.

Typically, the White House says little about the meeting. "You know our view on monetary policy issues," press secretary Mike McCurry said. "You know that we don't comment on them and we would obviously not seek any direct information about future Fed monetary policy decisions. It's been very useful for them to talk, to exchange views on the status of the economy."

In other news . . .

SAN FRANCISCO Intuit Inc., maker of the popular Quicken personal finance software, said today it has recommitted to developing and supporting its products for Apple Computer Inc.'s Macintosh. Intuit and Apple said they would work together to promote Quicken 98, the current version of Quicken, and that Intuit will develop a new version of Quicken for the Mac, due in 1999.





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