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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 04, 2003

Page

14

Heartland drivers win class action status lift

A federal judge granted class-action status to about 600 Heartland Express owner-operators in a suit alleging violations of federal truth-in-leasing laws. Filed in 2001 by William Meek, Kenneth Hinzman, and OOIDA, the case seeks injunctive relief and return of illegally withheld sums. Trial is set for September in the Southern District of Iowa.

Gazelle Coralville Heartland Express William Meek Kenneth Hinzman Flori Charles R. Walle Heartland OCIDA Jim Johnston

Markets Hold Gains As Dow Edges Higher On Monday

Wall Street extended its rally into a second session as lower prices and stronger earnings offset war concerns. The Dow rose 56.01 to 8109.82 while the Nasdaq gained 2.88 to 1323.79. Volume remained light at 1.53 billion shares. McLeodUSA announced Star Quality training for customer-facing staff, aiming to boost service quality this year. Microsoft won a stay on a lower court order forcing Java inclusion in Windows XP, as the 4th Circuit considers the appeal. Treasury sold 19 billion in three month bills at 1.155 percent and 17 billion in six month bills at 1.185 percent, with actual yields 1.175 and 1.209 percent respectively.

Wall Street New York Stock Exchange S McLeodusa Inc Melleodusa Microsoft Corp Sun Microsystems Microsoft US Circuit Court of Appeals Richmond Javea Mitrasetts Redmond Campu Treasury Treasury Department

Fazoli's coming to Cedar Rapids

Fazoli's will open its first Cedar Rapids location off Edgewood Road SW near the Wal Mart Supercenter at 3601 29th Ave. SW in a 3400 square foot store similar to the Waterloo unit. The Cedar Rapids Fazoli's is planned to open in June and initially employ about 70 workers, with potential expansion to 50 after peak. Pat Walsh of Patrice Inc, owner of both stores, cited a booming area and family focus as factors in choosing Cedar Rapids.

Fazol’s Edgewood Road 29Th Ave Fazoli San Marino Drive Waterloo Cedar Rapids Pat Walsh Patrice Inc Galena Walsh Fazoli’s Ric Walsh Ace Hardware Maquoketa Iowa Potosi Praine du Chen Wis Rie Mike Wolf Lexington Fazoli's Highway 30 Fazel’s Patric Town City Cedar Falls Dubuque Fazeli’'s San Maran Drive

Ex Tyco lawyer faces new charges in Tyco probe

Ex Tyco chief lawyer Mark Belnick was indicted by Manhattan District Attorney Morgenthau on first degree grand larceny falsifying business records and schemes to defraud. Prosecutors say a 12 million bonus, 2 million cash and 200000 Tyco shares, helped thwart SEC investigations into accounting problems. Belnick pleaded innocent.

New York Teo International Mondiy Manhattan Robert Morgentha Wal Chargne Mark Belnick Belnick Morgenthatt Belmick Real Weingarten Morgenthau Securities and Exchange Commission Tyco

WorldCom to cut 5000 jobs in cost drive

WorldCom Inc plans 5000 more layoffs, about 8 percent of staff, as part of 2.5 billion in savings to emerge from bankruptcy in April. The cuts target consolidating facilities while keeping Clinton headquarters and major offices, with 60,000 employees after last year's 20700 cuts amid a $9 billion accounting scandal. Capellas declines interview. plan to finish by March 1.

Clinton, Miss WorldCom Inc Charman Michael Capellas Clinton Denver Colorado Springs Colo. Richardson Texas Tulsa Okla Cary N.C WorldCom U.S Justice Department and Securities and Exchange Commission Capellas

Hydraulics firm expands to three states from Cedar Rapids

Iowa Fluid Power, based in Cedar Rapids, plans Innovative Fluid Power West in Kansas City on March 1, creating up to 14 Cedar Rapids jobs. The expansion covers Kansas, Nebraska, and western Missouri, with Sun Hydraulics supplying the expanded marketing territory. Three staff have been hired in Kansas City, and a fourth is due soon.

the Gazette Cedar Rapids Hydraulics Kansas City Innovative Fluid Power West Cedar Rapids Sun Hydraulics Kansas Nebraska Missouri Iowa Fluid Power Don Kaas Electro-Hydraulic Automation Kaas Electro- Hydraulic Power Kim Kaas Blairs Ferry Rd

Also Mentioned on This Page

DOW By Dave DeWitte OOIDA GOIDA Grain Valley Johnson Meck and Hinzman Pro Waite Meck Hinzman Walle U.S. District Court For Southern District of McLeodusa Iowa City AP Stockquote Hothine AMEX George C. Ford Gazette Beormeford Gazetteconmunications APAC McLeod USA Alvoa Alhant Au Moore Cort Prarson PLC Pentord Corp Pepsicard Columbus McKinnen Procter Gamble Comet Feal Deere To Qwest Pilar Inc Ratcars Holding Fastenalto An Feathew Tite Inc Rockwell Dallas Fisecs Saks Inc Sealed Air Genencor Intt Inc Guy Walls Asm Skyworks Solution Gillette Ca Tanger Factory Terex Co Heartands Xp Heinz Ne Toyota Mol Han Inds Union Planters Keane Inc US Bancera Kohis Corp US Cellular Lanave Fb Unova Inc Macc Pry Verizan Camm Marsh & McLennan WalMart Aviag Wells Fargo & Co Wevernauser David Dewittee Gacette Communications Smulekoff
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