Market action lifts Nasdaq to fresh high amid tech rally
The Nasdaq composite rose 87.39 to 4784.08 as technology stocks boosted the index beyond Tuesday’s close. The Dow gained 9.62 to 10137.93 with NYSE volume at 1.54 billion and 25 advancing stocks in Eastern Iowa. AEGON plans to divest Transamerica assets while Wells Fargo expands eBay Billpoint stake. leadership changes blur merger plans between US West and Qwest.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
NYSE
Iowa
Weyerhaeuser
Wells Fargo
AEGON
Deere
MCI WorldCom
Conexant
United Fire
International Paper
Trujillo
US West
Qwest
Joseph Nacchio
Power strips recalled for shock and fire hazards
About 35 000 Champion Brand Tools 6 outlet power strips are recalled by Frieder Inc. and the CPSC due to faulty wiring. No injuries reported. Made in China, 125 volt, model 10741, with no US listing. Sold nationwide January 1997 to July 1998 for about $3. Stop using and return for full refund or mail for refund plus postage.
MENTIONED IN THIS ARTICLE
Frieder Inc
Bedford Heights
Ohio
Champion Brand Tools
Consumer Product Safety Commission
China
Champion Quality Tools
Iowa housing market heats up in January permits rise
Iowa permit values across 48 cities jumped about 40 percent year over year in January to 37.8 million, the strongest January since 1987. Cedar Rapids up 1 percent, Coralville surges 155 percent, Iowa City down 40 percent as builders catch up after a warm month. Harvey Siegelman notes monthly swings may mislead without broader trends.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Ilowa
Iowa Department of Economic Development
Cedar Rapids
Department of Economic Development
Davenport
Washington
Spencer
Council Bluffs
Clive
Waverly
West Des Moines
Marshalltown
Indianola
Bettendorf
Ankeny
Siegelman
Ames
Iowa City
Keokuk
Mount Pleasant
Cedar Falls
Eagle Food Centers Files Chapter 11 Bankruptcy
Eagle Food Centers, owner of 83 stores in Iowa Illinois and Indiana, seeks Chapter 11 protection listing assets of 264.9 million and liabilities of 237.8 million. The chain plans to close 19 underperforming stores including all Indiana locations and continues operating 64 stores with 50 million interim financing to fund operations and vendor obligations.
MENTIONED IN THIS ARTICLE
George C. Ford
Eagle Food Centers Inc
N. Dodge St
Iowa City
Milan
Illinois
Iowa
Congress Financial
Jeffrey Little
Eagle Food Centers
Eagle
Iowa lawyer seeks class action against Microsoft over Windows 98
Des Moines attorney Roxanne Conlin seeks court permission to file a class-action suit on behalf of about 20 000 Iowa Windows 98 users. The suit cites the government antitrust case and accuses Microsoft of monopoly pricing lasting $40 excess per copy. The plaintiff seeks unspecified punitive damages and fees. trial requested in Des Moines.
MENTIONED IN THIS ARTICLE
Des Moines
Microsoft Corp
Roxanne Conlin
Joe Comes
Comes Vending
Conlin
Jim Cullinan
Microsoft
Bellevue
Wash
Utah
Cullinan
Boeing aims for impasse in SPEEA talks over strike
Boeing notifies SPEEA that negotiations are at impasse and could push to impose terms. SPEEA, representing 22,600 engineers and technicians in WA CA KS, says latest offer backtracks and plans unfair labor practices filing with the NLRB. About 17,000 workers remain on strike since Feb. 9.
MENTIONED IN THIS ARTICLE
Seattle
Boeing Co
Society For Professional Engineering Employees
SPEEA
Washington
California
Kansas
Boeing
Federal Mediation and Conciliation Service
National Labor Relations Board
Senate House near deal on aviation funding
Congressional negotiators reach a $40 billion accord to fund FAA construction and safety programs. Senator Domenici says the deal resolves a spending dispute with House leaders, guarantees about $33 billion from the Aviation Trust Fund for aviation programs, and allows $6.7 billion from the general fund for supplemental appropriations.
MENTIONED IN THIS ARTICLE
Senate
Washington
Senate Budget Committee
Pete Domenici
Domenici
R-N.m
House Transportation Committee
Bud Shuster
Rpa
Federal Aviation Administration
House
FAA
Shuster
Aviation Trust Fund
General Treasury
Also Mentioned on This Page
Transamerica
Aegon Nv
Aegon USA
Transamerica Finance Corp
United States
Morgan Stanley Dean Witter
Donaldson, Lufkin & Jenrette
eBay
Norwest Bank
eBay Inc
Billpoint
Bizf
KAT
BNA
Lowa
Gazette
Dan Luedert
Eagle Discount
Dodge St
Supermarket Chain Files
Protection
Peter Conte
Schooe Seeteeeeeeeever
Leapchair
Rapids
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