Bush backs ethanol in vehicle emissions debate
President Bush pledges to resolve a dispute over EPA rules that limit corn ethanol as a reformulated gasoline additive. He reiterates support for ethanol to trim auto emissions as an EPA workshop on the issue is set for April 27 in Ann Arbor.
MENTIONED IN THIS ARTICLE
Bush
Environmental Protection Agency
Nebraska
Ben Nelson
Governors’ Ethanol Coalition
EPA
Ann Arbor
Mich
Foreign firms may owe billions in U.S. taxes
Congressional investigators say about 70 percent of foreign-owned U.S. firms pay no income tax, suggesting annual tax losses up to $30 billion or more. IRS notes possible evasion but cannot estimate total. foreign firms show lower income and returns than U.S. peers, with transfer pricing cited as a major factor.
MENTIONED IN THIS ARTICLE
NEW York
American Airlines
United
Delta
Usair
Continental
Northwest
Alaska Airlines
America West
Trenton
N.J
American Bankers Association
American Collectors Association Inc
Minneapolis
American Express Co
First Data Corp
First Data
Gary Tobin
Cedar Rapids
Jim Luther
Washington
United States
U.S
Internal Revenue Service
Shirley Peterson
IRS
House
Dow ends higher on 43 point rebound amid Fed rate move
The Dow Jones rose 43.61 to 3224.96 as gains led by Hanson International Paper Procter & Gamble Wal‑Mart Weyerhaeuser HON and MCI while Quaker Oats and Heartland Express declined. Trading volume remained heavy with 231.35 million shares on the NYSE. Investors weighed easing U.S. rates against Japan's market woes and possible future rate shifts.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
New York Stock Exchange
Iowa
Hanson PLC
International Paper
Procter & Gamble
Wal-Mart
Weyerhaeuser
HON Industries
MCI Communications
Quaker Oats
Heartland Express
Tokyo
U.S
Federal Reserve
Japan
Michael Metz
Oppenheimer & Co
New York City
Fed
United States
Treasury
Brad Weekes
Equity
Donaldson, Lufkin & Jenrette Inc
Customer service as a business asset survives cost cuts
Perry argues cost cutting hurts service. The Company Doctor contends that exceptional service builds loyal customers and resilience during downturns. Businesses should cut inventories rather than service while seeking new customers and maintaining knowledgeably staffed sales. Scott Clark notes that service drives repeat business.
MENTIONED IN THIS ARTICLE
Perry
Cedar Rapids
Third Ave
Iowa
Scott Clark
Marion
Federal Reserve Adds Liquidity as Rates Likely Cut
Washington reports say the Fed added reserves to the banking system signaling another rate cut. Economists note a 4.0 percent funds rate likely eased to 3.75 percent, with inflationary data showing little pressure. Dow rose about 30 points on the news as analysts call the move a deliberate easing step.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
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First Data Stock Sale Ok’d
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Muscatine (Ap
Bandag Inc
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J.J. Pickle
Texas
Ways and Means Oversight
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Kenwood Contracting Ltd
Bill Renner
George Nemer
Tom Joslin
Squaw Creek Village Ltd
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HTC Group Syndicate
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