Qwest faces federal criminal probe amid accounting scrutiny
Federal prosecutors have started a criminal investigation into Qwest Communications International Inc. Denver U.S. Attorney John Suthers confirmed an inquiry is underway though details remain undisclosed. Qwest plans full cooperation as its stock fell about 32 percent in trading.
MENTIONED IN THIS ARTICLE
Qwest Communications International Inc
Baby Bell Company
Qwest
U.S
Denver
Jeff Dorschner
John Suthers
Slow turnaround despite strong Iowa City job history
Federal Reserve economist Rick Kaglic told ICAD members that the Iowa City Cedar Rapids area avoided much of the downturn due to solid public sector jobs and growth. He warned against expecting a quick recovery, citing broad state budget shortfalls and a Midwest lag in employment gains.
MENTIONED IN THIS ARTICLE
Iowa City
Cedar Rapids
Federal Reserve
Rick Eaglie
Federal Reserve Bank of Chicago
Kaglic
ICAD
Sheraton Inn
Joe Rose
Raso
Eaglie
Midwest
Stocks Fall as Dow Drops Below 9000 on Grim Day
United States markets fell sharply as General Motors and Ford downgrades sparked heavy selling. The Dow Jones tumbled 282.59 points to 8,813.50, its first close under 9,000 since October, with the Nasdaq and S&P 500 at five year lows amid earnings worries and scandals. Investors remained downtrodden and wary of rebound.
MENTIONED IN THIS ARTICLE
New York
General Motors
Ford
Standard & Poor
Fire aftermath spurs Cedar Rapids business recovery efforts
In Cedar Rapids after a June fire, Data Management Inc. moved into space vacated by J.W. Morton as six employees work with consultants to recover files and set up new equipment. Jeff Westrom offered space two days after a flood, aiding the neighbor’s firm amid rebuilding.
MENTIONED IN THIS ARTICLE
Gazelle
Cedar Rapids
Jeff Westrom
Westrom
Jeff
Julie Nelson
Data Management Inc
North Park Place
J.W. Morton & Associates
Saint James Ct
Data Management
J.W. Morton
Jeff Nelson
Nelson
Gazette
Jim Slosiarek
John Spargo
Spargo Consulting Inc
Maytag Plans Second Mexico Plant to Cut Costs
Maytag will add a second subassembly plant in Reynosa Mexico to lower costs. The new facility expected to operate in Q4 will shift work from the U S to Mexico with minimal Iowa job impact. About 70 workers at Reynosa now, rising to over 200 by mid 2003, as Maytag expands production of brands including Maytag Amana Hoover and Jean Air.
MENTIONED IN THIS ARTICLE
Maytag
Mexico
de Gazett Newton
Reynosa
Maytag Corp
William J. Beer
Iowa
Jim Powell
U.S
Powell
Amana
Hoover
Jean-Air
New York Stock Exchange
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Home Depot
Michigan
Jennifer Granholm
At&t
Comcast UK
Comcast
At&t Corp
At&t Broadband
At&t Comcast
AOL Time Warner
Smithfield
Packer
Smithfield Foods Inc
Murphy Farms LLC
Prestage-Stoecker Farms , Inc
Richard Poulson
AP Stockquote
Local
Economist
By Frank Gluck
Frank Gluck
Eowa.com
The
Duane Crock
Bob Steffen
Winthrop
Buchanan County Fair
Independence
Katie Steffen
Krissy Steffen
Buffalo Bells Club
Bob
Katie
Krissy
Dow
al Mirman
V Finance
Sarasota
Fla
Minneapolis
Elaine Michaels
Compatible Con
Claire Hanson
Financial Counseling Center
Ted Chambers
Solon
North Pointe Park
Chambers
George Ford
Georgef
East Iowa
McLeodusa Inc
ADM
McLeodusa (P
Aegon No
Mestek
Alcoa
Moore Nash Finch
Alliant Energy
APAC
Bandage
Pentora C
Casey's
Pepsico
Columbus McKinnon
Procter & Gamble
Commercial Federal
Deere
Raicorp
Dillard
RF Micro Devices Fastenal Co
Rockwell Collins
Featherlite
Saks Inc
Fiserv
Air
Genencor
Skyworks
General Mills
Tanger Factory
Giette
Terex
Heartland Express
Toyota
Union Planers
HON Ind
International Paper United Fire
Anove
Keane Inc
U.S. Bancorp
Kont's
US. Cellular
Longview
Verizon
MACC
n/c
Wal-Mart
Marsh & McLennan
Wells Fargo Maytag
MCI Group
WorldCom
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