Dow closes above 10000 as gloom report spares gains
The Dow Jones average ends above 10000 for a second day as investors ignore a weak consumer sentiment report. The index rises 34.00 to 10042.16, with the Nasdaq up 6.68 to 1949.00. Natural gas soars 9 percent to 7.221 per 1000 cubic feet, the highest close since February. Government officials examine Wells Dairy incentives as states court its headquarters remains in Iowa. A snowmobile recall affects 3700 Arctic Car models sold 2002 to 2003 due to cracked skis and possible injuries.
MENTIONED IN THIS ARTICLE
Tim Smalls
SG Cowen Securities
New York Stock Exchange
New York Mercantile Exchange
Oppenheimer & Company
Fadel Gheit
New York
Elliott Spitzer
Ghent
Coralville development surges with new buildings and renovations
Coralville business leaders outlined planned projects at Hills Bank including a $6 million Professional Building on Sixth Street and Fourth Avenue, Osco site renovations for a bank and shops, and new tenants for Liberty Square. A riverfront bridge, bike trail, and hotel plan were noted, with several firms pursuing Coralville West sites and new showrooms and offices.
MENTIONED IN THIS ARTICLE
Osco
Liberty Square
Sixth Street
Fourth Avenue
Mike Hodge
David Hodge
Dean Oakes
Greg Apel
Kevin Digmann
First Avenue
Second Street
Liberty Bank
Tan World
House of Aromas
Digmann
RFID credit cards may replace swiping in near future
MasterCard and American Express test contactless cards using RFID chips. Hold near a reader for fast purchases with receipts available, expanding beyond ExxonMobil Speedpass. Trials run in Orlando and Phoenix, with nationwide rollouts planned for 2004. analysts foresee a gradual mainstream adoption.
MENTIONED IN THIS ARTICLE
New York
MasterCard
American Express
Wal- Mart
Betsy Foran-Owens
Orlando
Fla
Express
Carls Jr
Phoenix
Hy-Vee Names Veteran Richard Jurgens as Next CEO
Hy-Vee Inc. promotes 54 year old Richard Jurgens a long time officer and director to become chief executive on Jan 1 succeeding Ron Pearson who has led since 1989 Jurgens will be president CEO and COO Pearson remains chairman of the board and executive committee. Hy-Vee posts 2003 sales of 4.2 billion and plans over 200 million in 2004 store growth and relocations.
MENTIONED IN THIS ARTICLE
ExxonMobil
Forrester Research
Penny Gillespie
George G. Ford
Gazette
Hy-Vee Inc
Richard Jurgens
Jurgens
Ron Pearson
Pearson
Hy-Vee
Iowa State University
ISU
Disabled face health care costs even with insurance
Kaiser Family Foundation found that non elderly adults with permanent disabilities struggle to pay for health care. About 15.5 million disabled adults exist nationwide. Nearly half go without equipment and over a third postpone care or skip doses due to cost. Many cut spending on food and heat to cover medical needs.
MENTIONED IN THIS ARTICLE
Washington
Kaiser Family Foundation
Foundation
Kaiser
Drew Altman
Stiffer rules eyed for large vehicle donation deductions
Senate Finance Committee seeks tougher limits on deductions for donated vehicles and other high value gifts such as land and art. The plan aims to curb deductions far above donation value and offset any savings against a new cash donation deduction for nonitemizers. The inquiry follows GAO findings that charities receive 5 percent or less of claimed value from vehicle gifts.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Chuck Grassley
Iowa
General Accounting Office
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Mys
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Wells’ Dairy
Tom Vilsack
Nebraska
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le Mars
South Sioux City
South Dakota
Mike Rounds
Wells
CPSC
Consumer Product Safety Commission
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Scityme
Cedar Rapids
Iowa City
the Gazette
Coralville
Hills Bank and Trust Co
Bank
Dave Hodge
Randy Ward
Iowa River Power Co
Iowa River
Donutland
Glen Siders
Southgate Development
Coralville West
Interstate 80
Consumer Cooperative Society
Beisser Lumber Co
Bachmeier Interiors & Carpets
Iowa City Windows & Doors
C and S Furniture Gallery
Gary Shields
Palm Springs
Calif
Shields
Srlene.lucas
Gazettecommunications.com
Phoenix Area
Hudson River
Betsy Foran
Owens
George Ford
East Nowa
McLeod USA
APAC
Aegon NV
Alcoa Inc
Mestek
Alliant Energy
Moore Wallace Inc
Arch Dan Mid
Nash Finch
Pearson PLC
Bandag Inc
Penford Corp
Caseys Gen
Columbus McKinnon
PepsiCo
Comci Fed
Procter Gamble
Union Planters
Paper
Old Fire Cas
Keane Inc
US Bancorp
Kohls Corp
US Cellular
Homas Haley
Pvc
TTA
Ashton Place
N.E
Gary Speicher
Mt Vernon Rd