Sony, Toshiba, Matsushita and six other electronics titans are putting the final touches on a proposal for DVDaudio discs, the next- generation music carrier they hope will replace todays compact disc.

FORBES: Geekdom gone gaga

Bills to raise tax revenues, relax limits on foreign investment in banks and to privatize power generation are languishing, although a proposal to open the retail industry to foreigners is ready for signing.

CNN: Act II for Estrada

But Mr. Obama's budget proposal, echoing provisions called for in previous years, would have the generation-skipping-transfer exemption expire after 90 years, making the assets subject to taxes at that point.

WSJ: Family Value: New Hazards for Estate Plans

Even more hidden are complex provisions such as a grantor trust proposal targeting certain sales transactions (particularly business sales), and elimination of several Generation Skipping Tax planning benefits.

FORBES: Will Your Taxes Go Up?

Rather than dismiss my proposal, Al gave me the full measure of his time and insight even though a new generation of ground-based full-motion simulators based upon advanced digital computer technology was emerging, which FlightSafety would later incorporate.

FORBES: He Brought Safety To The Skies