SBA expands SBIR program to boost small business innovation
West Virginia SBA Director Marvin Shelton announces a five step push to broaden SBIR participation. Key goals include more venture capital listing, SBIR awareness via 650 SBA sponsored centers, and heightened outreach to minority and women owned firms. Phases I to III cover grants up to 50 000 and 500 000 with commercialization in phase III. Contact numbers provided for more information.
MENTIONED IN THIS ARTICLE
Marvin P. Shelton
U.S. Small Business Administration
SBA
West Virginia
Susan B. Engeleiter
Engeleiter
Agen
Sma
Agency
Office of Innovation, Research and Technology
NY Petroleum Prices See Slippage From Wednesday
Petroleum prices in New York show declines across refined products and crude grades from the prior day. Gasoline RVP futures drop to 1.1075 fob while fuel oil No. 2 NY fob falls to 1.475 and 0.9000 for spot bids. Crude markers Saudi light 50.50 and North Sea Brent 33.45 per bbl fob, West Texas Intermed at 31.95, reflect a cooler market with some quotes not available.
MENTIONED IN THIS ARTICLE
Oil Buyer's Guide
Saudi Arabian
North Sea
Brent
West Texas
Alask No. Slope
US Gulf Coast
N.g
Wall Street sinks to lowest close in over a year
Wall Street slid as oil surged above 30 dollars a barrel and fears of Middle East war spooked markets. The Dow fell 76.73 to 2,483.42, its lowest finish since July 6, 1989, with broad declines across GE, IBM, Philip Morris and energy stocks. Volume reached 250.44 million shares as the market lost about 3.16 percent in value overall.
MENTIONED IN THIS ARTICLE
NEW York
Middle East
New York Stock Exchange
Unc
U.S
Wall
Iraq
Kuwait
Persian Gulf
General Electric
Philip Morris
Boeing
International Business Machines
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
Cattle Futures Plunge on Mideast Crisis Prompting Trading Halt
Cattle futures on the Chicago Mercantile Exchange fell to the daily limit amid Middle East tensions. Pork bellies also dropped to the limit, while live cattle and feeder cattle posted notable declines and hogs and frozen bellies moved within narrow ranges. Wheat, corn, oats, and soybeans rose across September contracts.
MENTIONED IN THIS ARTICLE
Chicago Mercantile Exchange
Proctor Silex Recalls 1985 86 Coffee Makers Fire Hazard
Proctor Silex Inc recalls certain discontinued Proctor Silex Sears and JC Penney automatic drip coffee makers from 1985 and 1986 due to overheating and fire risk. Models include Sears 360.480293 and 360.480272, JC Penney 784-2178H or G with C numbers ending 58 or 68, and other Proctor Silex models ending 58 or 68. Call 1-800-341-3333 to verify inclusion and receive return instructions and shipping reimbursement. Unplug and stop using recalled units. replacements are free. Consumers should check at home and work. 181 reports of fires. 800,000 units in use.
MENTIONED IN THIS ARTICLE
Richmond
Proctor- Silex, Inc
Proctor- Silex
Sears
J.C. Penney
Proctor-Silex
Sears Counter Craft
Sears Kenmore Coffeemakers
Proctor Silex
U.S
Consumer Product Safety Commission
Soybean futures rise after oil stock revision on CBOT
Soybean futures closed higher on the Chicago Board of Trade as traders absorbed an unexpected up revision to government soy oil stock data. The Census Bureau later pegged oil and meal stocks well above early forecasts, lifting grains and related markets.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Census Bureau
Poultry Report Signals Adequate Supplies in Virginia
Virginia poultry report shows ready to cook movement strong with unchanged prices. Thursday’s estimated Virginia processors head count is 1,142,000, up from 1,124,000 last Thursday. Ice packed 2-3 lb broilers and fryers offered at 49-51 cents per pound, plant grade.
MENTIONED IN THIS ARTICLE
Harrisonburg
Virginia
Gold and silver futures on the New York Comex
Prices for over the counter gold and silver were quoted on the New York Comex with opening, high, low and settle figures and changes noted.
MENTIONED IN THIS ARTICLE
New York
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Eeeeee
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Lowe’s of
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Oakvale Road
Ke Eeemaar
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Essary, Umm