Oil prices dip as OPEC meeting looms in Vienna
Sluggish trading sees New York crude at 61.22 a barrel and Brent at 61.84 as markets weigh OPEC talks on possible output cuts. Heating oil, gasoline, and natural gas futures also fall while traders eye warmer U.S. forecasts and a weaker dollar for price direction.
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Vienna
Austria
OPEC
U.S
New York Mercantile Exchange
Brent
ICE Futures Exchange
Nymex
Organization of Petroleum Exporting Countries
Ali Naimi
PVM Oil Associates
United States
Farmland Values Rise Modestly Across Iowa Regions
Iowa farmland values rose 1 percent in the third quarter, with 71 percent of bankers forecasting stable values in Q4 2006. Regional gains ranged from 0 to 2 percent as housing pressure eases and higher interest rates temper demand for land.
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Marlene Lucas
Iowa
Federal Reserve Bank of Chicago
South Central
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Western
Farmland values rise as demand boosts land prices
Farmland values climb amid continued demand for recreational land and farm expansion. The bank report ties higher land values to rising ethanol production and stronger farm income. Iowa Farm & Land Chapter No. 2 Realtors Land Institute notes a 5.3 percent gain for the year ending Aug. 31.
MENTIONED IN THIS ARTICLE
Iowa Farm & Land Chapter No
Realtors Land Institute
Iowa
Microsoft defense opens in Iowa software overcharge case
Microsoft attorneys began opening statements in a class action accusing the company of unfairly shutting out rivals and costing Iowa consumers more than 330 million dollars in software overcharges. Microsoft lawyer David Tulchin argued the plaintiffs must prove they were overcharged while Roxanne Conlin and Richard Hagstrom led the plaintiffs’ six days of arguments.
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Roxanne Conlin
Richard Hagstrom
Iown
Pilots authorize strike in Comair dispute over concessions
The Air Line Pilots Association representing Comair's 1500 pilots won 93.2 percent support to strike if needed as negotiations continue with the Delta Air Lines subsidiary in bankruptcy court. The union seeks consensual pay cuts while Comair presses to impose 15.8 million in annual concessions.
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Comair
U.S. Bankruptcy Court
New York
Cincinnati
Delta Air Lines Inc
Air Line Pilots Association
Paul Denke
Infinity Contact names Stephen Griggs president in Cedar Rapids
Stephen Griggs, 40, has been named president of Infinity Contact. He succeeds Tom Lehhigh and will lead the sales group, daily operations, and company infrastructure. Griggs previously served as chief operating officer after joining in August 2005, previously at McLeodUSA. Infinity Contact employs more than 170 staff focusing on customer acquisition, retention, and data management.
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Griggs
the Gazette
Stephen Griggs
Infinity Contact
Cedar Rapids
McLeodusa
Infinity
DuPont to Cut 1500 Jobs Amid Ag and Nutrition Split
DuPont will cut about 1,500 jobs as it restructures its agriculture and nutrition unit to funnel savings estimated at 100 million into the seeds business. The move targets roughly 10 sites, with most changes slated for 2007 and a 200 million pretax charge expected in Q4. Monsanto, expanding its dealer network, gains in the corn seed market while Pioneer Hi-Bred counters with new GE seeds.
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Baltimore
DuPont Co
Monsanto
Monsanto Co
DuPont
Pioneer
Kevin McCarthy
Bank of America
New York
Agriculture Division
Doyle Karr
Ag and Nutrition
Karr
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