Blockbuster to Open Second Cedar Rapids Store This Summer
Blockbuster Videos Inc will open a second Cedar Rapids store this summer at 3140 16th Ave SW. Mark and Scott Chipokas are building a 7500 square foot facility to be leased by Blockbuster, designed and contracted by Berry Development Corp with completion due by Aug 1. The company already runs a first Cedar Rapids location at 130 Collins Rd NE and Blockbuster Audio plans a new shop at Northland Square Shopping Center later this year.
MENTIONED IN THIS ARTICLE
Blockbuster Videos Inc
Cedar Rapids
Mark
Scott Chipokas
16Th Ave
Blockbuster
Berry Development Corp
Hiawatha
Collins Rd
Blockbuster Entertainment Corp
Fort Lauderdale
Fla
Blockbuster Audio
Northland Square
Collins Road
Northland Avenue
Jury verdict against Nintendo over Alpex patent claim
A federal jury in New York ruled against Nintendo of America in a patent case filed by Alpex Computer Corp relating to a device aiding character movement. The trial now moves to the damages phase with Alpex seeking 300 million dollars while Nintendo plans an appeal.
MENTIONED IN THIS ARTICLE
New York
Nintendo
Alpex Computer Corp
Nintendo of America
Redmond
Wash
U.S
Kimba Wood
Alpex
Lynn Hvalsoe
Treasury bill rates fall in Monday auctions
Short-term Treasury rates dropped to the lowest level in over a month as the Treasury sold 12.7 billion in three month bills at a 4.15 percent discount and 12.6 billion in six month bills at 4.53 percent. The Fed reported one year bill yields rose to 5.31 percent from 5.29 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
The
Federal Reserve
Safety agency widens probe of Volvo air bag deployments
The NHTSA said 17 complaints involve inadvertent air bag deployments in 1990 to 1993 Volvo 200 700 and 900 series. About 268,479 Volvos are on the road. In nine cases the bag deployed when the engine started. Ten incidents caused injuries.
MENTIONED IN THIS ARTICLE
Auto Safety Agency
National Highway Traffic Safety Administration
Eastman to Build PET Plant in San Roque Spain
Eastman Chemical Co will build a PET production plant in San Roque Spain via its Spanish affiliate Eastman Chemical Espana Construction starts in 1995 with completion in 1996 The Cedar Rapids based Genencor unit is owned by Eastman and the firm operates PET plants in North America and the UK Eastman is headquartered in Kingsport Tennessee and produces over 400 chemicals fibers and plastics
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Eastman Chemical Co
San Roque
Spain
Eastman Chemical
Eastman Chemical Espana
S.A
Genencor International
Cedar Rapids
PET
North America
United Kingdom
Kingsport, Tenn
GM Recalls 249000 1991-92 Camaros and Firebirds
General Motors recalls 249000 1991 92 model Chevrolet Camaros and Pontiac Firebirds for potential fuel system leaks. No accidents or injuries reported. Inspect solder joints attaching the filler neck to the tank for cracks or pinholes. Owners will be notified by mail.
MENTIONED IN THIS ARTICLE
General Motors Corp
Uneasy farmers await rain as Iowa gains modest rainfall
Iowa farmers welcomed light to moderate rain across the state with overall crop health improving. The latest weekly report shows corn and soybean conditions predominantly good to excellent, while some fields near Coggan and Cosgrove required replanting and crust breaking to aid emergence.
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Gazette
Associated Press
Iowa
LeClerc
Coggan
Dwight LeClerc
Meade
Lumir Dostal
Marion
Dostal
Dubuque
Hamburg
Amana Hy Vee form direct marketing venture
Amana Society Inc and Hy Vee create Amana Hy Vee Direct Marketing a new Ankeny based subsidiary to sell Amana beef smoked meats Iowa pork and other commodities It will target in store Hy Vee sales and employees across seven states plus a nationwide four color catalog John Ruth says Amana catalog will be replaced Ron Pearson cites strong Iowa foods market potential
MENTIONED IN THIS ARTICLE
George C. Ford
Ruth Mitchell
Hy- Vee
Amana
Hy-Vee
Chariton
John Ruth
Ron Pearson
Chops of
Iowa
Iowa Foods
Late dip holds down stocks in mixed trading
Stocks ended mostly higher at the start, as bonds rally and rates ease but gains faded late with profit taking. The Dow slipped 3.70 to 3,768.52 as 259 million shares traded on the NYSE. United Fire & Casualty rose to 41 and Penwest to 19 while Quaker Oats fell to 69.
MENTIONED IN THIS ARTICLE
New York
Iowa
United Fire & Casualty
Penwest
Merger talks end between EDS and Sprint
Dallas AP reports Electronic Data Systems and Sprint have called off merger talks over financial terms. In a joint statement they said they are no longer pursuing a merger of equals and will explore other strategic relationships without specifics.
MENTIONED IN THIS ARTICLE
Dallas
Electronic Data Systems Corp
Sprint
EDS
Sara Lee to cut 8,000 to 9,000 jobs worldwide
Sara Lee Corp plans major layoffs to slim the group after a period of rapid expansion. About 6 percent of the workforce will be eliminated, mostly from knitwear plants, while the New Hampton bakery remains unaffected. The cuts aim to save roughly $250 million annually by 1998 and will reduce fourth quarter profits by $495 million after taxes.
MENTIONED IN THIS ARTICLE
Chicago
Sara Lee Corp
New Hampton
Sara Lee
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