Economy heats up in first quarter with 5.6 percent GDP growth
The Commerce Department reports 5.6 percent annualized growth for Q1 2006, revised up from 5.8 percent and driven mainly by a smaller trade deficit. Analysts warn signs of cooling ahead with projected Q2 growth around 3 to 9.5 percent, as high energy prices and a softer housing market bite.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United States
Richard Yamarone
Argus Research
BP accused in propane price manipulation case
Investigators allege BP traders cornered the propane market in February 2004 by buying large supplies to withhold via a Texas pipeline, driving spot prices to about 94 cents per gallon. The CFTC lawsuit notes profits were not realized due to costs, raising concerns for traders and consumers alike. A BP trader was likened to the Hunt Brothers in a recorded call.
MENTIONED IN THIS ARTICLE
Washington
New York
Pennsylvania
Illi
Nois
BP Products North America Inc
Texas
Commodity Futures Trading Commission
Teppco
CFTC
Hunt Brothers
Kraft reaches deal with Oscar Mayer workers
Davenport AP Kraft Foods Inc. reached a 52 month contract with United Food and Commercial Workers Local 431 covering more than 1 600 Oscar Mayer employees at the Davenport plant. Wages rise 1.15 an hour over the term with retroactive 35 cents from April and 30 cents in April plus 25 cents in each of the next two years.
MENTIONED IN THIS ARTICLE
Davenport
Kraft Foods Inc
Oscar Mayer
United Food and Commercial Workers Local 431
John Honeycutt
Kraft
Honeycutt
Cathy Perny
Monsanto profits soar on seed and chemical sales growth
Monsanto Corp the parent of Holden Foundation Seeds reported third quarter earnings up over sixfold to 334 million dollars 1.21 per share as revenue rose 15 percent to 2.35 billion. Seeds and genomics up 26 percent while agricultural productivity products rose 3 percent.
MENTIONED IN THIS ARTICLE
ST. Louis
Monsanto Co
Holden Foundation Seeds
Williamsburg
Thomson Financial
Mentoring Dentist Dental Assisting School Opens in Iowa
James operates Monticello and Dyersville clinics and launched the eight week program in 2004 after an internship site role. Students learn hands on skills to become certified and must pass state boards and complete six months trainee work. Tuition is 2849 dollars with 50 dollars donated per student to Town College of Dentistry.
MENTIONED IN THIS ARTICLE
James
Monticello Family Dentistry
Monticello
Stone Creek Dental
Dyersville
University of Town College of Dentistry
Brent Jackman Joins Hall and Hall as Project Engineer
Brent Jackman has joined Hall and Hall Engineers Inc. of Hiawatha as a project engineer. He brings more than eight years of land development experience to the position. Editor note provides contact details for submitting news and photos.
MENTIONED IN THIS ARTICLE
Brent Jackman
Hall and Hall Engineers Inc
Hiawatha
Jackman
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