Anheuser Busch halts Sam Adams targeted ad campaign
The National Advertising Division says Anheuser-Busch will discontinue its print radio and bar-card ads that accused Samuel Adams of not being truly New England brewed. Separately the Postal Service will add a $1 basic fee to stamp orders with a $2 extra for special handling. Hearst names Victor Ganzi as next potential chief executive amid leadership changes. DeKalb Genetics receives EPA registration for Bt corn hybrids to combat European corn borer, aiding spring plantings and boosting U.S. farm yields.
MENTIONED IN THIS ARTICLE
Anheuser-Busch
Boston Beer Co
Sam Adams
New England
Council of Better Business Bureaus
Postal Service
Philatelic Fulfillment Service Center
Hearst Corp
Victor Ganzi
Ganzi
Gilbert Maurer
Hearst
San Francisco Examiner
Seattle Post-Intelligencer
Cosmopolitan
Esquire
Lifetime Television
ESPN
DeKalb Genetics Corp
U.S. Environmental Protection Agency
DeKalb
U.S
DeKalb, Il
Rates fall on Treasury bills in Monday auctions
Treasury sold three month bills at a 5.18 percent discount, down from 5.26 percent, and six month bills at 5.31 percent, down from 5.33 percent. For a $10,000 three month bill, the return is 5.32 percent at $9,869.10. A six month bill returns 5.53 percent at $9,731.60. The Fed reported one year bills yielding 5.94 percent, up from 5.81 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Federal Reserve
Dow suffers worst two day slide since 1987 crash
Stocks resume decline with the Dow falling 157.11 to 6,583.48 as traders fear a market correction. NYSE volume hits 555.78 million shares while 33 of 41 Eastern Iowa stocks drop and several blue chips lose ground.
MENTIONED IN THIS ARTICLE
Dow
Gazette
Associated Press
NYSE
Iowa
Procter & Gamble
Firstar
Gillette
United Technologies
W.R. Grace
Eastman Kodak
MCI Communications
Personal incomes push higher in February amid spending surge
The Commerce Department reports Americans earned 0.9 percent more in February, the largest gain in eight months, while spending rose 0.3 percent after a 1 percent January jump. Revisions lifted December and January totals, signaling sustained consumer activity despite stock market declines.
Lindale Mall Adds Food Court and Shops in Cedar Rapids
Work on a 56,000 square foot addition at Lindale Mall progresses with a 500 seat food court nine vendors two sit down restaurants and six retail stores. The renovation features improved lighting landscaping and amenities with completion planned later this year.
MENTIONED IN THIS ARTICLE
Lindale Mall
Cedar Rapids
Extra Deductions for Business Travelers Explained
Business travel deductions may allow prorating lodging and meals when a trip mixes work with leisure. If business occurs on Friday and Monday you may deduct weekend costs, and if a Friday finish with Sunday departure you may claim extra lodging if the Saturday layover aims to save airfares, subject to IRS rules.
MENTIONED IN THIS ARTICLE
Knight-Ridder News Service
New York
IRS
PBGC reports first ever financial surplus and reforms touted
The Pension Benefit Guaranty Corporation posted an $869 million year end surplus, a turnaround since 1992’s $3 billion deficit. President Clinton urged Congress to pass audits reforms while noting a $64 billion shortfall persists for single employer plans. Labor Dept revealed $22 million recovered from 401(k) abuses. Clinton cited 1994 reforms and lower rates as factors.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Congress
Pension Benefit Guaranty Corp
PBGC
White House
Labor Department
China bars new farmer taxes to ease rural unrest
Beijing announced no new taxes on farmers and that existing rates will not rise before 2000. The government warned officials who levy illegal taxes or confiscate property will be punished as rural discontent grows and migrants move to cities.
MENTIONED IN THIS ARTICLE
China
Beijing
Also Mentioned on This Page
EPA
Ee, Services, Inc
NEW York Stock Exchange
Coluhcas
P. Industrial
CocaColas
Transport
WaiMar
Utilities Finance
GemElec
Merck
Gate American Stock Exchange
SPOR
PaxsonCom
Viacomb
Cisco
Sinter
Cho. San Sn
DOW Jones
Amex
Cho
Ind
Biotech
Computer
Standard & Poor's Finance
Indus
Indus T Wn
Transet
Saa
Telecom
Utilities
Wa Og Bo
Andey
Standard & Poor
Tim Kadlee
Norwest Investment Management & Trust
Fed
Donald Hagen
SCI Capital Management
Hagen
Wall Street
Commerce Department
Sandra Shaber
Wefa Group
Eddystone
Gazette Photo
By Gary Klott
Communist Party
NCAA
Collin Credit U
Nad
Mark
Brian
Ernate
INC
Parkway Mortgage, Inc
Center Point Rd
E Finance
Esiovator
Othe
Ely
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