01 Jan 1992
Page 1
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 01, 1992
Page
1
A University of Iowa researcher finds screening job applicants for drugs may cost companies more than it saves. The impact is greatest in regions with low drug use, where testing expenses outweigh benefits. Details on page 1B.
Bondy column on page 6C outlines three low pain money saving tactics. Eliminate hassles, give up at least one item in the coming year, and make money work harder for you.
An audit released Tuesday shows Iowa recorded less income than previously stated for the last budget year, revealing a deficit of 338.3 million dollars. The report suggests further battles over the state's finances are likely as lawmakers react.
The 1991 Iowa Hawkeyes finished a winning football year with few magical moments. After a 13 13 Holiday Bowl tie with BYU fans now turn to the Rose Bowl for a game of substance and high stakes.
Des Moines AP report says 19 year old Holly West was seriously injured when a vending machine fell on her after she kicked it when it kept her money. Rescue crews lifted the machine to free her. she underwent surgery at Mercy Hospital Medical Center. A Mid Continent Bottlers Inc spokesperson said the empty machine weighs about 650 pounds.
A light item recalls a honey company motto urging readers to “Be all that you can bee” as a seasonal chuckle. The playful line echoes the colony theme and offers a quick smile for readers.
Experts debate the effect of Iowa's 9.4 percent minimum wage increase to 4.65 per hour in a tight labor market. State economist Harvey Siegelman says the effect will likely be negligible, while small business advocates warn hours could be cut or workers laid off without boosted productivity or sales. Retail and small non retail exemptions apply under the law.
State Climatologist Harry Hillaker backs the National Weather Service forecast for above normal temperatures and near normal precipitation over the next 30 to 90 days. He credits El Nino for a warmer pattern though warns of a possible March setback. A wintry mix today brings highs near 30s with 1 to 2 inches of snow possible tonight.
Lower rates drive homeowners to seek mortgage refinances as rates hover around 8 to 8.5 percent for 30 year loans and about 8 percent for 15 year terms. Banks report busy mortgage desks with two week appointment waits at Midland Financial Mortgages and lenders delaying new applications.
The Commerce Department reports the index of leading economic indicators fell 0.3 percent in November, the fourth decline in a row. New single family home sales held at a 520,000 annual pace, with gains in the South and West but declines in the Midwest and Northeast, the weakest in nearly a decade.
A nationwide study of 9,507 households links migraines to poverty, with those earning $10,000 or less reporting 60 percent higher migraine rates than those above $30,000. Women outnumber men three to one among sufferers, but disability rates are similar across genders.
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