Market dip as retail data ups fears of slower growth
Nervous investors pull stocks lower after disappointing retail sales. The Dow fell 28.02 points to 11,025.51 and the Nasdaq slid to 2,311.11 as concerns about a corporate earnings slowdown grow. Freddie Mac reports 30 year mortgage rates at 6.24 percent, with forecasts suggesting a rise to around 6.5 percent by year end.
MENTIONED IN THIS ARTICLE
Fed
Russ Koesterich
Barclays Global Investments
San Francisco
Freddie Mac
Frank Notharts
Northwest pilots at bargaining table over cost concessions
Mutually assured destruction kept Northwest Airlines and its pilots at the bargaining table on Thursday as talks continued. Northwest seeks 358 million in concessions while both sides report a framework on flying small jets amid a looming strike threat.
MENTIONED IN THIS ARTICLE
Northwest Airlines
Northwest
Kurt Ebenhoch
Gas Price Survey in the Corridor
A random survey of gas prices in the Corridor shows variability as of yesterday afternoon with prices rounded to the nearest cent.
Pollution ruling may tilt ethanol landscape
EPA proposed rule change would raise emissions thresholds for fuel grade ethanol plants to 250 tons, enabling larger installations. Farmers fear smaller Iowa plants may fail as nonfarm investors fund bigger operations, while corn-ethanol firms plan expansions to 250 million gallons.
MENTIONED IN THIS ARTICLE
EPA
Walter Wendland
Golden Grain Energy LLC
Mason City
Cell phone adoption grows among young users
Eight year old Ryan Kelly from Overland Park uses a wireless phone to relay basketball victory news to his mom in Chicago. The piece notes a surge of younger consumers in a broader market of over 200 million wireless subscribers and a tween segment of 8 to 12 year olds, seen as a growth opportunity for carriers like Cingular Wireless.
MENTIONED IN THIS ARTICLE
KRT
Ryan Kelly
Overland Park
Kan
Cingular
Jason Gertzen
Kansas City
Yan Kelly
Ryan
Debbie Kelly
Chicago
Chevron to Develop Big Oil Sands Project in Canada
Chevron plans a large oil sands development near Ft. McMurray Alberta after acquiring 180 000 acres for about 70 million Canadian dollars. The Ells River project could hold 7.5 billion barrels of oil with steam flooding and aims to reach 100 000 barrels daily, with a decade or more to full production.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Chevron Corp
Canada
Chevron
San Ramon
Calif
James Bates
Bates
Ells River
Teaching teens health care basics for emergencies plan
A parent shares lessons from a college town ER visit that cost nearly $1 000 before insurance. Emphasizes explaining health plan details monthly costs deductibles and coverage to teens and choosing in network hospitals and campus health services.
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Wall Street
LABOR
The
Gazette
Parade Magazine
the Gazette
Karen Mracek
Karen.mracek
Gazette Communications.com
1St Ave
15Th St
C.R. WalMart
Southwest C.R. HandiMart
Dubuque & Market
J.C. BP
Coralville
Marlene Lucas
Iowa
U.S
California
Wendland
Golden Grain Energy
John Thune
R-S.d
Brian Button
Iowa Department of Natural Resources
Marlene.lucas
Gazettecommunications
Dave Garver
Cingular Wireless
Atlanta
Ft. McMurray
Alberta
Steve Rosen
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