Stocks fall on jitters as Dow dips and tech declines
Markets closed lower with the Dow down 100.85 to 9 777.93 and the Nasdaq off 57.29 to 1 782.97 amid tensions with China. Eastern Iowa stocks showed mixed results with Fiserv, Rockwell and U.S. Cellular among movers while Toyota eased. The Navy awarded Rockwell Collins Aviation Services an 18.9 million dollar logistics contract for ARC 210 radios, covering repair, management and data analysis to boost availability and reduce ownership costs.
MENTIONED IN THIS ARTICLE
China
Wall Street
Dow
New York Stock Exchange
Iowa
Fiserv
Rockwell
U.S. Cellular
Toyota
U.S. Navy
Rockwell Collins Aviation Services of
Cedar Rapids
Collision avoidance seminar for pilots set in Cedar Rapids
A 7 p.m. Thursday collision avoidance seminar for pilots and others will be held at the Iowa Army National Guard Armory in Cedar Rapids. Chuck Berry of the AOPA will present. Sponsored by Rockwell Collins, Piedmont Hawthorne Aviation, the Iowa Army National Guard, the AOPA, and the FAA. Attendance qualifies for FAA Pilot Proficiency Award education credit. For details contact Barry Brown at Rockwell Collins Flight Operations, (319) 295-5221.
MENTIONED IN THIS ARTICLE
Iowa Army National Guard
18Th St
Cedar Rapids
Chuck Berry
The
Aircraft Owners and Pilots Association
Rockwell Collins
Piedmont Hawthorne Aviation
Federal Aviation Administration
FAA
Barry Brown
Rockwell Collins Flight Operations
UMWA President Threatens Strike Over Coal Prices
Cecil Roberts warned coal companies to share wealth from record coal prices or face a strike next year. He spoke at a Fayette County Mitchell's Day event, signaling potential talks with the Bituminous Coal Operators Association before the current Dec. 31, 2002 contract end. The coalition covers over 100,000 miners nationwide.
MENTIONED IN THIS ARTICLE
United Mine Workers of America
Cecil Roberts
Fayette County
Bituminous Coal Operators Association
Bituminous Coal Operators Association Coalition
Maytag to begin union contract talks in Newton
Maytag Corp a major Newton based appliance maker will start negotiating a new labor agreement with United Auto Workers Local 997 early this month. The current contract with Maytag Newton Laundry Products expires May 31. Company and union officials will not disclose meeting details. Maytag employs about 3400 workers at Newton plants.
MENTIONED IN THIS ARTICLE
Maytag Corp
Newton
Maytag
Newton Laundry Products
United Auto Workers Local 997
Treasury bill rates drop to multi year lows in Monday auction
The Treasury sold 9 billion in three month bills at 4.125 percent, down from 4.200. An additional 8 billion in six month bills went at 4.020 percent, down from 4.120. The discount rates imply 4.228 percent for the three month bill and 4.160 percent for the six month bill.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Midwest economy slows to record low in March
Iowa shows growth near zero with the overall Midwest index at 44.5 the fifth consecutive month under 50.0. Ernie Goss of Creighton University cautions layoffs may rise as labor hoarding ends and unemployment climbs.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Midwest
Federal Reserve Board
Ernie Goss
Creighton University
Goss
Arkansas
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
Oklahoma
South Dakota
Airlines lag in on time performance and service quality
A study by two university professors basing findings on Transportation Department data shows air carriers were more frequently late in 2000, with higher complaints and more mishandled bags. Delta leads in service, United near last, while America West ranks lowest overall.
MENTIONED IN THIS ARTICLE
Washington
Dean Headley
Wichita State University
Transportation Department
eFor
Delta
Alaska
Southwest
America West
United
Congress
Department
Inspector General
Senate Commerce Committee
House
Brent Bowen
Aviation Institute
University of Nebraska-Omaha
ARENA
LETTE
Aii Susie
US Airways
Northwest
American
Continental
TWA
Rise in Passenger Complaints and Mishandled Bags
A new study finds passenger complaints rising alongside an increase in mishandled baggage. The report highlights concerns over airline service quality and baggage handling across major carriers.
Teaspoon coffee shop to open in Old Capitol Town Center
Jammie Goedken of Solon plans Teaspoon a 1100 square foot coffee shop at the Old Capitol Town Center in downtown Iowa City aiming for a early June opening. Osco Drug will make minor upgrades and a yet unnamed ice cream shop is planned for the space with a design review underway.
MENTIONED IN THIS ARTICLE
Wazette Ruré
Attairs
Iowa City
Old Capitol Town
Osco Drug
Jammie Goedken
Solon
Cookies & More
Goedken
Teaspoon
Karen Ramos
Osco
Chicago
Eric Larner
CB Richard Ellis
Larner
Iowa City Housing and Inspection
DuPont to Cut 4000 Jobs Amid Economic Slump
DuPont plans 4000 job cuts or 4 percent of its global workforce and 1300 contract roles as polyester and nylon divisions face the largest downsizing. About 75 percent of cuts occur in U S facilities, with $400 million in savings expected, mainly in 2002, and a one time 40 to 45 cent per share charge.
MENTIONED IN THIS ARTICLE
DuPont
U.S
IES gas refunds to average 73 dollars in Iowa
The Iowa Utilities Board ordered IES Utilities to refund about 16.5 million dollars from insurance settlements to customers within a 50 mile radius of Cedar Rapids. The average credit will be 73 dollars on bills after April 16 and includes a small portion from a federal tax settlement.
MENTIONED IN THIS ARTICLE
Gazenant Financial
Cedar Rapids
IES
Iowa Utilities Board
Alliant Energy
IUB
Iowa Office of Consumer Advocate
Custom
Ers
Ron Polle
Office of Consumer Advocate
Federal Energy Regulatory Commission
Polle
IES Utilities
Also Mentioned on This Page
Navy
Djia
Aviation Safety Program
UMWA
BizFacts
E-Ma
Hobby Informatior
Pew Interne
Earch
Pat Carr
Hie
KRT
of Fargo
Gazette
Brian Ray Nesper
Steve Edaburn
Alburnett
Corey Schoenfelder
Keystone
Wells Fargo
Brenton Bank
First Avenue
Old Capitol Lands
Jammie
Wilmington, del
Ap) DuPont Co
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