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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 05, 2005
Page
15
U S stock and commodity markets resume trading today after the Independence Day weekend. New York and American stock exchanges Nasdaq and commodity markets are scheduled to close for Labor Day on September 5.
Alliant Energy says it will sell its Illinois utility assets to Jo Carroll Energy and Rock County Electric Cooperative Association for 47 million dollars as part of a plan to focus on earnings aiding operations. Jo Carroll to buy Interstate Power and Light Illinois assets. Rock County to acquire South Beloit Water Gas and Electric assets.
United Airlines will submit its reorganization plan around Aug. 1 with a court hearing sought for early September to approve a disclosure statement. CEO Glenn Tilton calls the filing a major step while labor groups threaten CHAOS strikes over pension moves.
Tampa officer Mike Lowell tested BUZZ OFF Insect Shield apparel on an Ecuador trip. The North Carolina company embeds permethrin in shirts pants socks, approved by EPA in 2003 and used by the U.S. military. Clothes remain effective for about 25 washes and are sold via L.L. Bean Orvis Ex Officio and Bass Pro Shops.
Meredith Corp will add 75 jobs in Des Moines and cut about 150 at Gruner Jahr after acquiring the New York publisher. About 315 Gruner Jahr employees receive offers, 65 positions are eliminated in Des Moines, 75 stay with Gruner Jahr, and 10, including Family Circle editor in chief Susan Ungaro, will be replaced. Linda Fears becomes interim Family Circle editor as Meredith adds Parents, Fitness and Child magazines. The firm will run split operations between Des Moines and New York, aiming for a broader New York presence without a New York headquarters.
Travel vacations are costly but planning a budget helps avoid overspending. Use PracticalMoneySkills.com tools for a travel budget calculator and trackers. Include pre travel costs such as passports visas and inoculations plus transportation and on site costs and limit spending with debit and one credit card.
Bargain hunters attend sample sales to buy designer items at up to 90 percent off retail. Sales range from glamorous events to hushed showcases in garages, with no refunds and cash or checks often required. Tips include arriving early, bringing a box, dressing to strip, bargaining, and signing up for notices.
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