Economy slows as 2000 ends amid rate-cut expectations
The Federal Reserve acted as America’s growth cooled to its slowest pace in over five years. Analysts warn of further rate cuts while consumer confidence tumbles to a four-year low, signaling potential risks to a long expansion.
MENTIONED IN THIS ARTICLE
Fed
America
Oscar Gonzalez
John Hancock Financial Services
Boston
Louis Crandall
Wrightson Associates LLC
New York
Clinton
ShopKo restructures amid tough retail climate
ShopKo faced a challenging market as it restructures to boost asset productivity and cut debt. The chain expanded into Cedar Rapids with Penn-Daniels acquisitions and remodeled stores, while closing Iowa City unit after underperforming sales and flagging holiday results.
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ShopKo
Cedar Rapids
Penn- Daniels
Jacks
Iowa City
First Ave
16Th Ave
Target
Lantern Park Plaza
Highway 6
22Nd Avenue
Coralville
First Avenue SE
16Th Avenue SW
Sheree Olson
Shopiro
Seventh grade football program eyed for Roosevelt Middle
Community events director and Lynn Johnson of Roosevelt Middle School discuss launching a seventh grade tackle football program this fall. Estimated costs total up to 90 thousand dollars with equipment 45 to 60 thousand dollars and annual coaching salaries around 30 thousand. A district survey shows about 171 sixth grade parents would consider sending their children to seventh grade football, with 51 already in Metro Youth Football Association.
MENTIONED IN THIS ARTICLE
Lynn Johnson
Roosevelt Middle School
Kramer
Johnson
Metro Youth Football Association
District weighs seventh grade football amid costs and equity
Johnson cites $90 000 start up and $60 registration as barriers to a new district program while Metro Youth Football offers cost free participation for many. Gruwell worries about coach to player ratios and skill development but supports equity, with board consideration set for Feb. 12.
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Johnson
Metro
Cedar Rapids
Gruwell
Metro Youth
Joneses
No federal charges in N Y police shooting case
Four white New York police officers were cleared of state charges in the Amadou Diallo shooting and will not face federal civil rights charges, the Justice Department announced. The decision ends federal action though Diallo's family pursues an $81 million civil suit against the city.
MENTIONED IN THIS ARTICLE
New York
Justice Department
Amadou Diallo
Bronx
Mary Jo White
Manhattan
White
Diallo
Saikou Diallo
Amadou
Kenneth Boss
Sean Carroll
Edward McMellon
Richard Murphy
Steven Braunstein
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