Tech stocks lift Nasdaq while Dow slips on Wall Street
The Nasdaq climbed 45.38 to 2441.30 as investors chased cheaper technology names. The Dow dropped 48.80 to 10572.55 with losses led by Wells Fargo and Procter & Gamble, though Microsoft and other tech components helped curb declines. WorldCom and Fiserv posted gains amid mixed Eastern Iowa movers.
MENTIONED IN THIS ARTICLE
Wall Street
Dow
Microsoft
New York Stock Exchange
Iowa
WorldCom
Fiserv
Wells Fargo
Procter & Gamble
International Paper
Weyerhaeuser
Kirkwood Wins $312000 OSHA Training Grant
Kirkwood Community College in Cedar Rapids receives a 312000 grant from OSHA to expand construction and general industry training. The program adds solid waste handling and recycling to the industrial course and introduces safety and health programs for small industries.
MENTIONED IN THIS ARTICLE
Kirkwood Community College
Cedar Rapids
Federal
Occupational Safety and Health Administration
OSHA
Kirkwood
Former Maytag CEO Joins iMotors as Chairman and CEO
Lloyd Ward, 51, resigned as Maytag chairman and CEO on November 9 after board disputes. He is named chairman and CEO of iMotors, the Sacramento based online seller of used cars, strengthening top management at the San Francisco headquartered company.
MENTIONED IN THIS ARTICLE
Lloyd Ward
Maytag Corp
iMotors
Sacramento
Ward
San Francisco
Maytag
UPS orders Airbus freighters in $6 billion deal
UPS on Tuesday announced the purchase of 60 Airbus A300-600 freighters totaling about $6 billion, the largest aircraft order by the company. Deliveries will occur over nine years, reflecting long term growth in UPS air services. 1998 saw a prior firm order for 30 Airbus freighters and 20 of those planned for US service are already delivered or due.
MENTIONED IN THIS ARTICLE
United Parcel Service
Airbus Industrie
Airbus
UPS
United States
Nokia stock falls after weaker than expected 2000 sales
Nokia Corp, the world’s largest mobile phone maker, saw shares slide up to 18 percent after reporting 2000 handset sales of 128 million, short of analysts’ 140 million target. The company noted 405 million phones sold worldwide in 2000, up 45 percent from 1999, with stock closing down 8.7 percent.
MENTIONED IN THIS ARTICLE
Nokia Corp
Nokia
Helsinki Stock Exchange
Government rates rollover risk for vehicles with new five star system
The government for the first time rated rollover risk, giving two GM SUVs the lowest one star while the Honda Accord earned five stars. Critics say the system is simplistic and ignores tires and driver behavior, but officials say it helps consumers compare safety.
MENTIONED IN THIS ARTICLE
Washington
General Motors
Harry Pearce
General Motors Corp
Transportation
Rodney Slater
Usu
National Highway Traffic Safety Administration
Film less medicine gains ground in Cedar Rapids area
Doctors in Cedar Rapids will access patient X rays from St Luke's Hospital over the Internet as a Siemens PACS links digital images to a 25 terabyte storage network. The system eliminates film X rays, speeds access, and allows multiple physicians to view images simultaneously.
MENTIONED IN THIS ARTICLE
Dennis Winders
St. Luke's
Tal
Michael Hanigan
Cedar Rapids
Mercy Hospital
University of Iowa
Mercy Iowa City
Mercy Hospital of
Duane Dzingle
Mercy
John Haller
Family farmers push hog lot reform at Iowa Statehouse
About 100 farmers from Iowa Citizens for Community Improvement marched to the Iowa Statehouse to press for local control over hog confinement expansions and tougher air quality standards. They seek county authority to regulate hog houses with a capacity exceeding 300 000 pounds and to curb pollution from large operations.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Statehouse
Department of Natural Resources
Attorney General's Office
Iowa
Crayola Boots Recalled Over Hazardous Toggle
BBC International recalls nearly 38 000 Crayola toddler boots sold in sizes six through ten due to detachable lace toggles posing a choking hazard. Boots manufactured by Ral lye Footwear in Canada and distributed in the United States. No injuries reported. Consumers may return boots for a refund. call 1-800-632-4450 for details.
MENTIONED IN THIS ARTICLE
Washington
Florida
BBC International Ltd
Boca Raton, Fla
Rallye Footwear Inc
Canada
U.S
Consumer Product Safety Commission
BBC International
TWA American merger talk rattles Eastern Iowa Airport
Eastern Iowa Airport officials weigh impact of reports that American plans to buy TWA and United would acquire assets for about 1.4 billion dollars. Airport director Mullendore says market will respond while noting TWA's payment delays but sees no revenue loss risk.
MENTIONED IN THIS ARTICLE
E. Iowa
Cedar Rapids Airport
Larry Mullendore
Eastern Iowa
Iowa
St. Louis
TWA
Mullendore
Community Bank Offers 5 Percent Heating Bill Loans
West Branch based Community Bank provides 5 percent loans to households facing high heating costs this winter. Targeting single parents and retirees who earn too much for aid but not enough to cover bills, loans cover a month’s heating cost and can be increased to April 1. Funds go directly to suppliers to ensure payments apply to heating.
Also Mentioned on This Page
Djia
BizFacts
Y Marketing 407
Paul Trap
Krt
Blazer
Jimmy
C.R
Michael
Hanigan
CPSC
Jerry K. Ask Investment Services
Te Lay
SIPC
George C. Ford
West Branch
Dale Torpey
Community Bank
Tipton
Clarence
Stanwood
Torpey
Primus
Hiawatha
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