Wall Street eases as holidays slow trading and futures mix
Fractional losses across the Dow and Nasdaq mark a light trading day with the Dow at 8303.78 and Nasdaq 1348.31. Week results show a 2.4 percent drop for the Dow and 1.1 percent for the Nasdaq amid thin volume and holiday pauses. Grain futures drift lower on Chicago Board of Trade as soybeans rise modestly while wheat and corn retreat. Ethan Allen opens its first China store in Tianjin, its 23rd outside the U.S. and part of a three-store China rollout. AEGON N V secures regulatory clearance to take 20 percent of La Mondiale Participations as part of a European pensions alliance, following a prior 60 percent stake in Positive Solutions.
MENTIONED IN THIS ARTICLE
Wall Street
Dow
New York Stock Exchange
Chicago Board of Trade
Russia
Egypt
Ethan Allen
China
Tianjin
United States
Ethan Allen Inc
Aegon N.V
la Mondiale Participations
la Mondiale Groupe
AEGON
Aegon USA
Cedar Rapids
la Mondiale
European Commission
Pensions Alliance
Europe
Federal unemployment benefits face cutoff amid stalled Congress
Nearly 800000 unemployed Americans lose federal benefits as Congress leaves without extension. Democrats blame Bush and Republicans for inaction while Bush urged an extension. Competing bills linger. Senate seeks 13 extra weeks, House offers five weeks.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
New home sales hit record high on strong November
New single family home sales rose to a seasonally adjusted annual rate of 1.07 million in November, up 5.7 percent from October, with 2002 on track to surpass 2001 as mortgage rates fall to new lows. The average November price was 218 900 dollars, up 5.8 percent from November 2001.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Joel Naroff
Naroff Economic Advisors
Freddie Mac
al Knapp
Hiawatha
Dale Schafer
Anamosa
17Th Avenue
Knapp
Schafer
TJ Construction
Cedar Rapids
Big River Resources ethanol plant on track in Iowa
Big River Resources has raised about 45 percent of its 57 million startup costs for a 40 million gallon ethanol plant near West Burlington, Iowa. The project will use a 32 million loan and recruit 32 jobs, with construction starting this fall and a planned spring 2004 opening.
MENTIONED IN THIS ARTICLE
West Burlington
Iowa City
Big River Resources
Iowa
Illinois
Ray Defenbaugh
Co-Op
Defenbaugh
Iraq
Highway 34
Union Pacific
Fagen Inc
Granite Falls
Minn
Fagen
Golden Grain Energy LLC
Mason City
Golden Grain Energy
United seeks 2.4 billion annual wage cuts to void union contracts
United Airlines moves to dissolve labor agreements if wage concessions are not agreed, aiming to trim 2.4 billion yearly costs to satisfy lenders. The filing, in U S Bankruptcy Court, comes as unions and the carrier negotiate wage cuts and as interim financing hinges on cost reductions.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
U.S
United
Joe Hopkins
Elk Grove Village
UAL Corp
New York Stock Exchange
ACT Names Chief of Workforce Development
Daniel Barney, former Arthur Andersen executive, is named president and COO of ACTs Workforce Development division in Iowa City. He will lead four initiatives including Professional Development Services WorkKeys ACT Centers and Consulting Services while relocating from Chicago with his wife Maureen.
MENTIONED IN THIS ARTICLE
Gazette Act
Iowa City
Arthur Andersen
Daniel Barney
ACT
Barney
Richard Ferguson
Dan Barney
PriceWaterhouseCoopers
Amoco
Pepsi- Cola
United Airlines
Maureen
Seton Hall University
South Orange
N.J
Quarantine and culling in California over Exotic Newcastle outbreak
California officials destroyed 100000 infected chickens and quarantined poultry in three Southern California counties after detection of Exotic Newcastle Disease near Riverside. The illness spreads among birds but not humans, with movement restrictions harming the egg industry as California continues to sanitize eggs within the quarantine zone.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Riverside
U.S. Department of Agriculture
Larry Hawkins
U.S
Also Mentioned on This Page
Nasdaq
Silver
SciTyme
AP Stockquote
Local
Bush
Congress
Tom Daschle
John Feehery
Dennis Hastert
Labor Department
Kathleen Harrington
Idaho
White House
GOP
Gazette
Duane Crock
Department of Commerce
Daniel
California Department of Food and Agriculture
Los Angeles County
San Bernardino Counties
Hawkins
McLeod USA Pi A
APAC
McLeod USA A
Aegon NV
Alcoa Inc
Mestek Alliant Energy
Moore Corp
Arch Dan Mid
Nash Finch
Pearson PLC
Bandag Inc Penford Corp
Caseys Gen Store
PepsiCo
Columbus McKinnon
Procter Gamble
Corner Fed
Deere Co
AW Qwest Common Dillards Inc
RF Micro Devices
Fastenal Co
Ralcorp Holding
Featherlite Inc
Rockwell Collins
Saks Inc
Fiserv Sealed Air
Genencor Intl Inc
Skyworks Solution
Gen Mills
Gillette Co
Tanger Factory
Heartland Exp
Terex Co
Heinz
Toyota Met
A Hon Inds
Union Planters
Indl Paper
Old Fire Cas
US Bancorp
Keane Inc
US Cellular
Kohls Corp
Longwyn File
Unova Inc
Macc Pro Eat
Verizon Comm
Marsh & McLennan
WalMart Sirs
Maytag
Wells Fargo & Co
Weverhauser
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