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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 18, 2003

Page

15

Major US markets closed for Presidents Day briefing

President Day markets were closed while foreign markets traded. Duane Arnold Energy Center in Palo returned to full power after a 15 day outage to repair a condenser tube. DAEC is owned by Alliant Energy Interstate Power and Light Co Central Iowa Power Cooperative and Corn Belt Power Cooperative and managed by Nuclear Management Co. Walmart appeals $85 million defamation verdict won by former employee Lamon Griggs in Louisiana. DaimlerChrysler recalls over 12 million cars and trucks including Chrysler LHS 300M Concorde and Dodge Intrepid for strengthened driver seat bolts. Wisconsin Power and Light seeks $7.6 million refund to retail electric customers from 2001 fuel costs.

Duane Arnold Energy Center Palo DAEC Alliant Energy Interstate Power and Light Co Central Iowa Power Cooperative Corn Belt Power Cooperative Nuclear Management Co Hudson Wil Wal Mart Mississippi Supreme Court Chickasaw County Miss Lamon Griggs Griggs Hammond DaimlerChrysler Ags Chrysler Group Automaker Chrysler Wisconsin Power and Light Co Wisconsin Alliant Energy Corp Public Service Commission of Wisconsin

Greenspan warned tax cuts must be paid for

Washington AP reported Alan Greenspan pressed that further tax cuts must be financed by spending cuts or tax increases. The Fed chair criticized Bush's plan while defending his past stance, prompting Democrats to call it the kiss of death for the 12 trillion proposal and leaving aides to downplay a rift with the White House.

Washington Alan Greenspan Federal Reserve Greenspan Bush GOP White House Fed Chauwman Paul Kasrel Northern Trust Co i Chicago Fed

Hands-on learning at Zoom Zones hosted by Rockwell Collins

Sara Nanke, 10, of Toddville reacts to creating a neutrally buoyant object Sunday at Zoom Zones in Lindale Mall. Rockwell Collins sponsored the event to spark engineering interest, with displays set up Saturday at Westdale Mall and Sunday at Lindale Mall from 10 a.m. to 4 p.m. The company marks National Engineers Week with outreach activities at Science Station.

Sara Nanke Toddville Lindale Mall Rockwell Collins Cedar Rapids Westdale Mall

Monticello clinic may lose affiliation with Medical Associates

Monticello Medical Center faces possible loss of affiliation with Medical Associates Mercy Family Care Network after March 19. Craig Schatz cites rural practice economics, recruitment struggles, and local patient preference for Cedar Rapids specialists as key factors in the clinic's financial viability and future planning. TheMonticello site has been subsidized for years as the joint venture with Dubuque based Medical Associates Mercy seeks a sustainable path.

George C. Ford Gazette Monticello Monticello Medical Chic Dubuque Medical Associates Mercy Family Care Network Monticello Medical Center Brian Schatz Iowa Enor Mous Schaiz Schatz Cedar Rapids

Board delays ruling on Iowa Telecom rate hike

The Iowa Utilities Board postponed its decision on rehearing for Iowa Telecoms proposed residential rate increase. The company sought up to 112 percent raises in some areas to add more than 18 million dollars in revenue. The board noted the income would service debt and not fund service improvements, and ordered equalized rates plus a 13 percent uplift, with limited temporary hikes already in place.

Iowa Telecom Newton Iowa Utilities Board Telephone Company 5 Utilities Board Iowa Telecoms Ond Ity the Utilities Board Towa Lelecoms

Big ownership drop in local TV news quality study indicates

A five year study by the Project for Excellence in Journalism, affiliated with Columbia, finds stations owned by large distant groups produce lower quality newscasts than smaller owners. It notes some cross-ownership stations still perform well and urges FCC caution on relaxing ownership limits.

New York Project For Jour Alt Marent Blan Good

Northwest scuttles airlines fare increase attempt

Northwest Airlines blocked a planned fare increase that other major carriers had begun to implement. Continental had raised $10 per ticket each way, with American Airlines and others matching, but Northwest refused to join. By Monday morning the industry-wide rise collapsed, as executives warned of fragile demand and ongoing losses.

Ridder Fort Worth Texas Northwest Airlines Houston Parsons

Also Mentioned on This Page

Nasdaq United States WalMart Mississippi Wisconsin Utility Echyone Iowa City AP Stockquote Local Claire Buchan Congress Iraq Senate Matt Hempel Monticello Medical Clinic Iowa Health System St Luke Hospital Code Rapids Igsaa Compas Unitis Ats Nalism Columbia University School ofJournalsm The Federal Communications Commission FCC Tom Rosenstiel FCC Regulatus Smealie DeLtel Northwest Scuttles Airlines Tom Parsons Northwest Liberty Bank 3Rd St S. Gilbert Liberty Bankiowa Newspaprearchive
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