Investors fear higher rates derail fragile US recovery
Wall Street faced rising interest rates that threaten to curb consumer spending and business expansion. Data show higher rates boost yields while the economy remains fragile, with mixed signals on inflation and growth as major indices swing and overall benchmarks post weekly moves.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Mark Jordahl
US Bancorp Asset Management
Treasury
Federal Reserve
Hugh Johnson
First Albany Corp
Greg Valliere
Schwab
Washington Research Group
Valliere
Iso
Dow
Standard & Poor
S&p
Jordahl
Scott Wren
A.G. Edwards & Sons
Jordan
Mary Altetier
New York Stock Exchange
Cisco Systems
Baytown Issues Building Permits Worth 577327 This Week
Baytown Inspection Division issued residential and commercial permits totaling 577327 for the week of August 18. Commercial remodeling valued at 28000 includes a hair salon at 314 We Mail St and a nail salon remodel at 2814 N Main St. New commercial and residential permits cover several addresses with DR Horton, Nextel of Texas, VoiceHouston Inc, and American Site Development among issuers.
MENTIONED IN THIS ARTICLE
City of
W. Baker St
Nextel of Texas Inc
Northstar Communications
Hartman Drive
Horton Custom Homes
Chad Lane
N. Main St
VoiceSueam Houston Inc
American Site Development
Humble St
Armantto Avila
Lilian Street
Eva and
Jose Velazquez
Marlin Luther King Sr
Jeanetta
Terry Thomas
Greenbriar
Richard and
Ronda Green
Horton
Custom Homes
Goodyear, union negotiate counterproposal on job security health care
Akron's Goodyear Tire & Rubber Co and United Steelworkers negotiated a Saturday counterproposal that emphasizes job security and retiree health benefits, continuing a dispute over proposed job and benefit cuts. The talks come after a rejected offer and a record $1.1 billion loss for fiscal 2002.
MENTIONED IN THIS ARTICLE
Akron
Ohio
Goodyear Tire & Rubber Co
United Steelworkers of America
Wayne Ranick
Ranick
Goodyear
Chuck Sinclair
Ford recalls over thirty five thousand police cars
Ford Motor Co and the U S government announced recalls covering 35,706 Crown Victoria police cars and taxis for a wheel defect. The action follows Ford’s plan to add fire suppression tech to 2005 Crown Victoria police cars and includes nearly 1.6 million Explorers and Mountaineers from 1998 to 2001 and 2001.02 Sport and Sport Trac models for seat back defects and speed control cable issues. Ford says it is unaware of injuries related to these recalls.
MENTIONED IN THIS ARTICLE
Washington
Ford Motor Cars
Crown Victoria
Ford
Renovated Kroger Signature store opens in Baytown
The renovated Kroger Signature store at 4533 Garth Road in Baytown will open Wednesday at 8:30 a.m. with a ribbon cutting. It features a floral shop, Nature's Market, a Tortillella cooking hat area, a seafood department, exclusive meats, a deli, a First Convenience Bank, bakery, beauty and health care items, and a self service fragrance section. Shoppers helped customize offerings via resident surveys.
MENTIONED IN THIS ARTICLE
Baytown
Kroger
Kroger Signature
Garth Road
Baker
Royal Area
Russell Richard
First Convenience Bank
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Associated Press
Fed
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of &S
Virginia
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Illinois
Alabama
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Cemcert
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Wincron
Primedia
Mannich
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Paduimat
EMCO
Nashua
Iriunchangest
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Kreger
Ani Matl
Lucent
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Ead Atmel
McDnilds NY
Marck
BelSouth
Micesoft
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Seema
Motori Uy AG
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Gaipme NY
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Docker Baytown
Edward Jones
Singer
Stephen Takach
N. Alexander
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Ne Sowatgon Eaiva
SIPC
Texas Brokerage A Asset Management
W. Baker Road
Texasbrokerage.com
The
Baytown Sun
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