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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 07, 1994

Page

19

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.

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.

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.

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.

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

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.

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.

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

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.

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.

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.

Chicago Sara Lee Corp New Hampton Sara Lee

Also Mentioned on This Page

Volvo Air Bag Eastman Building Plant Bortom Nic ¢ Bird David Douglas Joe Meade Cosgrove Iowa Crop Report Source Agriculture Dept Lisa Bey Amana Society Inc Stock Exchange New York Times Entrepreneur Magazine Cornerstone Court San Diego Prospectus John H. Bryan Hanes, Champion L’eggs Liz Claiborne DKNY Playtex Nyse Index NEW York Stock Exchange Syntex Transport Merck Ve Utilities PepsiCo Finance RJR Nab Philip Morris American Stock Exchange Intel DOW Jones Amex Indus Biotech Computer Finance Indust Che. Insurance Telecom Transpt Ource Cedar Rap Iowa City
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