Top women business owners led by Marian Ilitch and Joyce Teel
The 1993 Working Woman list ranks 50 leading women entrepreneurs. Marian Ilitch of Little Caesar’s is first with 2.3 billion in revenue, Joyce Raley Teel of Raley’s second at 1.7 billion, and Lynda Resnick of Roll International third at 1.3 billion. The list adds 13 newcomers and includes firms with over 16 billion combined revenue and more than 115,000 employees.
MENTIONED IN THIS ARTICLE
Little Caesar Enterprises
Raley’s
Working Woman Magazine
To Wasawer Ott Waw Baer
Marian Ilitch
Little Caesar Pizza
Joyce Raley Teel
Sacramento
Calif
Lynda Resnick
Roll International
Los Angeles
Antonia Axson Johnson
Axel Johnson
Stockholm
Sweden
Liz Minyard
Gretchen Minyard Williams
Minyard Food Stores
Coppell
Texas
Jenny Craig
Oprah Winfrey
Harpo Entertainment Group
Chicago
Iowa
Federal Soil Conservation Service
Jeff Vonk
SCS
U.S. Department of Agriculture
Fed Hikes Rates Again Prompting Wall Street Slide
The Federal Reserve raised rates by a quarter point for the third time this year, lifting the prime rate to 6.75 percent at Citibank and Chemical Bank. The Dow fell 41.05 to 3620.42 as markets fear further tightening and a May 17 Fed meeting looms.
MENTIONED IN THIS ARTICLE
Martin Cruisinger
Washington
Federal Reserve
Wall Street
Citibank
Chemical Bank
U.S
Fed
Clinton
Robert Dederick
Northern Trust Co
Chicago
Stocks slide as Fed raise weighs on markets
Eastern Iowa stocks show 10 advances, 26 declines and seven unchanged after the Fed move to 3,620.42. Major shifts include Hon Industries up 1 percent to 32, Noland up 1 to 36, AEGON down 1 to 51, ADM down 1 to 22, Deere down 1 to 81, UTC down 1 to 64, Penwest down 1 to 18, and GE down 1 to 94 amid news of Kidder Peabody firing its chief government bond trader and suspending others. President Clinton declines to criticize the Fed while Senators Sasser and Sarbanes condemn the action as inflation signals remain subdued.
MENTIONED IN THIS ARTICLE
Iowa
Hon Industries
Noland
AEGON
ADM
Deere & Co
United Technologies
Penwest
General Electric
Kidder Peabody & Co
Judge orders new ruling on USDA milk pricing
A federal judge ruled that USDA Secretary Espy must revisit how milk prices are set east of the Rockies. The decision orders explanation within 120 days, backing Upper Midwest dairy farmers who say the current system underpays their milk compared with other regions. States Minnesota Wisconsin Iowa and North Dakota supported the suit.
MENTIONED IN THIS ARTICLE
USDA
Miami
U.S
Diana Murphy
Espy
Upper Midwest
Lee Johnston
Milk Producers’ Group
Minnesota
Wisconsin
Iowa
North Dakota
Dairy Farmers
Farmers begin early planting as Iowa soils warm
The Gazette and AP report farmers in Iowa start corn and oats planting amid favorable soil temperatures. Doran Zumbach notes early planters north of Cedar Rapids and ISU agronomist Garren Benson says a few acres early can pay off if stands and yields succeed.
MENTIONED IN THIS ARTICLE
Gazette
Associated Press
Cedar Rapids
Doran Zumbach
Garren Benson
Iowa State University
Iowa Agricultural Statistics
IAS
Dubuque
Spencer and
Johnston
Kmart recalls 6500 newborn outfits over choking hazard
The U S Consumer Product Safety Commission warns that 6500 newborn boys three piece outfits sold in January and February at Kmart may have detachable fasteners posing a choking risk. The set includes checked pants a blue and white cardigan and a short sleeve top with airplane appliques and is labeled Dept 2116 M4311 Style 2129 Item 4200.
MENTIONED IN THIS ARTICLE
Kmart
U.S
Consumer Product Safety Commission
Japanese investors to reduce U S real estate stake by year end
Japanese buyers who poured 77.3 billion into U S real estate since the early 1980s are forecast to have sold or diluted about 40 percent of their holdings by year end. Kenneth Leventhal & Co says 17.6 billion of that total has already been sold or restructured, with another 12 to 17 billion likely this year. The report notes a sharp drop in new Japanese investment and recalls the late 1980s bubble that boosted high profile assets like Pebble Beach and Rockefeller Center.
MENTIONED IN THIS ARTICLE
Los Angeles
U.S
Kenneth Leventhal & Co
Leventhal
Pacific Rim
Jack Rod
Man
Also Mentioned on This Page
Northwest Airlines
American Airlines
American
United Airlines
TWA
Canada
Alaska
Treasury
Treasury Department
Teamsters Union
Washington, D.C
International Brotherhood of Teamsters and Trucking Management Inc
Teamsters
TMI
Catherine Kaliniak
Iowa Department of Economic Development
Des Moines
IDED
Iowa Product Development Corp
Wallace Technology Transfer Foundation
Iowa Procurement Outreach Center
Federal Open Market Committee
Federa
Dad
Milwaukee
Jim Sasser
D-Tenn
Paul Sarbanes
D-Md
Coggon
Knoxville
Garwin
Oln
Mercury
Jim Mille
Jim Miller
Shab Zimmerman
Ford
Hyundai
Mitsubishi
AMAW
Bobes
Atitaoi
Pebble Beach Golf Resort
California
Rockefeller Center
New York
America
NEW York Stock Exchange
TelMex Ads
NorskHyd
Y Transport
Merck
IBM
Finance
DigitalEq
American Stock Exchange
Royal Oak
Cisco
DOW Jones
Amex
Ind
Indus
Banks
Biotech
Computer
Standard & Poc Poor's Indust
Industrives
Line SF
Insurance
Transpt
Utilities
Transport
Wilshire Associates
Purce
Guaranty Bank and Trust Co
FDIC
Main Bank
Third Ave
Third St. S.E
42Nd Street
42Nd St. N.E
Cedar Hills
Jacelyn Dr. N.W. Marion
7Th Ave
25Th St
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