Wall Street Retreat After Caterpillar and Google Earnings
Wall Street eased from record levels as earnings from Caterpillar and Google disappointed investors. Subprime lending concerns drove cash into safer Treasuries. The Dow dropped 149.33 to 13,851.08, the S&P 500 fell 18.98 to 1,534.10, and the Nasdaq declined 92.44 to 2,687.60.
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Wall Street
Caterpillar Inc
Google Inc
Treasury
Whirlpool profits rise 77 percent on international growth
Whirlpool reports second quarter net income of 161 million dollars, up from 91 million, with per share gains to 2.00 from 1.14, as revenue climbs 2.5 percent to 4.85 billion. Maytag integration underway amid North American weakness. Separately Wal Mart says executive Claire Watts resigns after fashion misstep failed to resonate with shoppers.
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Whirlpool
North America
Maytag
Wal-Mart
Claire Watts
Apparel
Wal- Mart
Sarah Clark
USDA unveils plans for bee colony disorder
The Agriculture Department released an action plan to address Colony Collapse Disorder in honey bees. Undersecretary Gale Buchanan says current pollination is adequate for this year, but next year could bring serious problems as winter losses reached 30 to 90 percent in some hives. cause remains unknown.
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Agriculture Department
Gale Buchanan
U.S
Ars
Usda.gov
Paf
Corridor Gas Prices Survey Update
A yesterday afternoon survey of gas prices in the Corridor shows rounded totals per gallon. Prices are reported to the nearest cent, reflecting typical regional fluctuations and station-to-station differences.
Food safety woes hit Mexico and other nations
Global alarms rise over imported foods as U S officials report high contamination risks in China India and Mexico. FDA records 1901 rejected shipments from China 1787 from India and 1560 from Mexico in the past year with cantaloupe from Mexico repeatedly tied to salmonella and sewage water.
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Mexico City
U.S
Developing Nations
India
Mexico
Bush
White House
Tony Snow
China
U.S. Food and Drug Administration
FDA
United States
Chain saw artist crafts eagle sculpture at Buchanan County Fair
Jeff Klatt, 49, of Storm Lake, spent two hours carving an eagle from a pine stump using 15 chain saws at the Buchanan County Fair grounds. He plans four sculptures daily for auction, while noting his one main motif began with eagles. Local children observe goats in pens as families visit the fair. Photographers from Foto Friends host a contest, seeking better entries each year.
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de Gazette Idependence
Jeff Klatt
Buchanan County Fairgrounds
Klatt
Storm Lake
Buchanan County
Independence
Five Steps to Healthy Credit
Five steps to restore financial health after late payments debt or bankruptcy. Use secured credit cards monitor debt to income ratio check credit reports annually and hang in there as negative items age.
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Bankrate.com
SmartAboutMoney.org
Fitc.gove
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