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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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