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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 13, 2000
Page
5
June 12 2000 closing prices provided by Ron Campbell Investment Planning and Raymond James Financial Services. Contact (304) 325-7334 for NASD SIPC member information.
The Supreme Court ruled unanimously that workers can win or push discrimination claims to a jury even without direct evidence of intentional bias. The Mississippi age-bias case holds that circumstantial evidence can prove liability, potentially expanding litigation and affecting employers nationwide while Indian of the courts remains debated.
Federal officials met with refiners as EPA and DOE probe price hikes of 30 to 50 cents per gallon in Milwaukee and Chicago areas after new cleaner burning reformulated gasoline rules. Officials cited supply and distribution issues, with critics accusing gouging. reformulated gas costs 5 to 8 cents more to produce, while Midwest prices ran about 23 cents higher than other regions.
Senate Majority Leader Trent Lott said he would not rush action on the China trade bill. He noted the need for full debate and possible amendments while prioritizing spending bills to fund government operations after October 1.
The Nasdaq slid 106.93 to 3,767.91 as Citrix warned its second quarter results would miss estimates. Dow and S&P 500 also fell with Home Depot and Wal Mart weighing on the market amid light volume and rate fears.
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