BC-US--Business Features Digest, US
The business news enterprise package planned through April 2. For comments or questions, call Joseph Pisani at 212-621-1975. For questions about photos, call ext. 1900. For questions about graphics, call ext. 7636. Repeats of stories are available from http://apexchange.com or the Service Desk, 1-800-838-4616.
Eds: Adds WALL STREET WEEK AHEAD; FOOD AND FARM-AMERICAN EDAMAME; EVERYDAY DRONES; CRISIS TEXT HOTLINES; CYPRUS-LESSONS FROM 1974
WALL STREET WEEK AHEAD
NEW YORK â¿¿ The dollar is rising again. After a sharp drop last fall, the dollar has risen almost 5 percent against other currencies over the last two months, reaching its highest level since August. The main reason is the stronger U.S. economy, coupled with relative weakness in the dollar's two global rivals, the euro and the Japanese yen. The stronger dollar is hurting U.S. companies, but not equally. Those who depend most on overseas sales, like technology companies or makers of basic goods like copper and aluminum are feeling the greatest impact. In the long run, a stronger dollar could be good for U.S. businesses by keeping inflation down. Experts predict the dollar could strengthen even more over the next year or two. Here's what to look out for. By Markets Writer Steve Rothwell.Eds: Sent Friday for use any time. POWER SCOOTERS-FRAUD WASHINGTON â¿¿ TV ads show smiling seniors enjoying an "active" lifestyle on a motorized scooter, taking in the sites at the Grand Canyon, fishing on a pier and high-fiving their grandchildren at a baseball game. The ads, which promise freedom and independence to people with limited mobility, have driven the nearly $1 billion U.S. market for scooters. But the spots also have drawn scrutiny from doctors and lawmakers, who say they create the false impression that scooters are a convenient means of transportation rather than a medical necessity. By Health Writer Matthew Perrone.
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