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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 20, 1992
Page
20
The United Auto Workers rejected Caterpillar Inc final contract offer on Wednesday leaving little hope for a quick end to the 108 day strike by 10 000 workers with no talks scheduled and the strike potentially expanding to 16 000 Caterpillar workers at plants in Illinois Pennsylvania Tennessee and Colorado.
They gave him a home where the buffalo roamed and his descendants subdivided it to amass a fortune. The line hints at transformation from wild land to a profitable subdivision driven by family ownership.
Kurt Tjelmeland of T and K Roofing inspects the former World Playhouse marquee at 314 Third Ave SE. Offices of 220 plans a full face lift with marquee covering and wheelchair accessible restrooms. The theater closed in October 1981. front space may be leased for office or retail use and work will continue on the theater area.
Government data show consumer prices up 0.1 percent in January helped by lower energy costs and cheaper food. Core prices rose 0.3 percent, while inflation signals suggest a tame year ahead for the economy and for 1991 overall. Federal officials caution that gains could remain subdued as energy prices fall further.
The Dow Jones industrial average rose 5.59 points to 3230.32 amid anticipation of a broader economic upturn. Gains in Equitable of Iowa, Weyerhaeuser, Quaker Oats, International Paper, and Gillette contrasted with declines in ADM and Norwest as traders shifted to cyclical stocks while some biopharma shares fell on FDA concerns.
The RTC sues the successor to Touche Ross & Co. over audits of Midwest Federal Savings. The $174 million suit says shoddy audits let Midwest stay in business until its February 1989 seizure. Touche merged into Deloitte & Touche. Potts declined immediate comment.
Michael Foods Inc. plans to market reduced cholesterol eggs to commercial buyers and test in retail. It will offer liquid whole eggs with 80 percent of the cholesterol removed, under the Simply Eggs label, expected to be available this spring in St Louis Park Minnesota.
The Commerce Department said housing construction rose 5.5 percent to a seasonally adjusted annual rate of 1.17 million in January, led by apartments and single family homes. The gain followed December's 1.9 percent rise and marked the fourth straight month without a decline. Building permits climbed 6 percent.
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