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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 10, 1992

Page

25

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.

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.

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.

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.

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.

Washington Federal Reserve Fed

Also Mentioned on This Page

Amana Leadership Iowa Amana Colonies Carroll Reasoner Iowa State Bar Association Iowa Association of Business and Industry Foundation Quaker Quaker Oats Co Chicago William Smithburg First Data Stock Sale Ok’d Bandag Muscatine (Ap Bandag Inc Labor Department Commerce Department Tribune Media All Rights Reserve Rep J.J. Pickle Texas Ways and Means Oversight Pickle Subcommittee The L.W. Ward Squaw Creek Village Kenwood Contracting Ltd Bill Renner George Nemer Tom Joslin Squaw Creek Village Ltd Dow West Coast Los Angeles Groves Drug Store Clair Groves Clair HTC Group Syndicate Elliott Platt Lufkin Jenrette Samuel Kahan Fuji Securities Source Associated Press Soan Amex IBM American Stock Exchange Cha JP Benknieebb Pwt Wanglabb Chg Intel Teicma Ind Indus Standard & Poor’s Wilshire Associates
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