Oil futures slip on profit taking amid supply concerns
World oil prices eased as traders booked gains from a rally despite worries over U S gasoline inventories and supply disruptions tied to Iran Nigeria and Venezuela. May light sweet crude settled at 66 23 a barrel and Brent at 66 10 while Nymex gasoline rose to 1 8955 a gallon and heating oil edged down. Natural gas ended at 7 065 per 1000 cubic feet.
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Collins moves German operations to TELDIX site Heidelberg
Rockwell Collins completes German consolidation into Heidelberg at TELDIX Gmbh after acquiring TELDIX. The unit, now Rockwell Collins Deutschland Gmbh, includes about 40 employees from Heusenstamm and aims to offer an integrated European portfolio.
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Red Robin to open first Corridor restaurant in Cedar Rapids
Red Robin Gourmet Burgers plans to open its first Iowa restaurant in Cedar Rapids late this fall. The Colorado chain offers 22 burgers plus turkey fish and chicken options and seats about 212 in a 6 350 square foot space employing roughly 100 team members. The Market Place on First development is eyed as the site near First Avenue and Highway 100.
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Red Robin
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Gordman’s
SBA budget trims leaner path with 2007 proposal
Cathy Dougherty of Richardson Texas notes fewer SBA services as the agency faces a proposed 2007 budget of 624 million dollars down from 900 million in 2001. Stamler rejects claims of SBA shutdown while Dougherty cites strained 8 a program management and personnel limits affecting small firms and contracts. The trend shows tighter discretionary spending across the agency with ongoing concerns about support for disadvantaged businesses.
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Cathy Dougherty
Richardson
Texas
Dougherty
Dougherty Sprague Environmental Inc
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