Wall Street drops as Dow falls over 150 points
The Dow Jones Industrial Average closes down 153.41 at 10,433.41 as the Nasdaq edges higher to 1,866.29. Consolidated volume reaches 1.88 billion shares with mixed moves among local stocks including Deere and Kohl’s. Williams Cos restructures a 1.4 billion debt and Northwest Airlines announces return of evening Memphis flights in June to 54 destinations.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
RF Micro Devices
U.S. Cellular
Gillette
Kohl’s
Wal-Mart
Procter & Gamble
Deere
Northwest Airlines
Memphis International
Northwest
Northwest Airlink
Mesaba
Express Airlines I
Memphis
Bush imposes tariffs on steel imports to aid domestic mills
President Bush unveiled a three year plan slashing imports with 8 to 30 percent tariffs, aiming to aid U.S. steelmakers and workers. European Union officials condemned the move and planned a WTO challenge while critics warned of higher prices for cars and appliances.
MENTIONED IN THIS ARTICLE
Washington
Bush
U.S
Leo Gerard
United Steelworkers of America
America
European Union
Pascal Lamy
World Trade Organization
Consuming Industry Trade Action Coalition
Conservative Heritage Foundation
New SuperTarget Opens on Blairs Ferry Road
Target opens its 75th SuperTarget at 1030 Blairs Ferry Rd NE Cedar Rapids a 174000 square foot store three times larger than the old Lindale Center location It includes a grocery coffee shop deli optical shop one hour photo lab and pharmacy About 400 employees work there with 130 from the old First Avenue store which will be demolished for a Home Depot The opening follows a brief closing ceremony and previews inviting guests and the public
MENTIONED IN THIS ARTICLE
The
Gazette Target Corp
Cedar Rapids
Lindale Center
Blairs Ferry Rd
Edgewood Rd
First Avenue
Home Depot
Bev Sherman
Dave Lyng
Target
Lyng
SuperTarget
Starbucks
Archer Farms Market
Dorr Nomination Faces Senate Hearing Over Diversity Remarks
Tom Dorr of Iowa seeks confirmation as undersecretary for rural development. The Senate Agriculture Committee, chaired by Tom Harkin, will hear charges about remarks on ethnic diversity from a 1999 regents meeting. Witnesses include CBC members and Iowa agricultural leaders from Des Moines, Ames, Marcus, and Anita.
MENTIONED IN THIS ARTICLE
Washington
Tom Dorr
Iowa
Tom Harkin
Senate Agriculture Committee
Dorr
Regents
Iowa State University
Carroll
Lyon
Sioux Counties
Congressional Black Caucus
Eva Clayton
D-N.c
George Naylor
Des Moines
The
Iowa Citizens For Community Improvement
Dennis Keeney
Ames
Ron Langston
Minority Business Development Agency
U.S. Department of Commerce
Nancy Hier
Marcus
Varel Bailey
Anita
National Corn Growers Association
Alliant Energy Seeks Renewable Power for 20,000 Homes
The Cedar Rapids utility invites bids from 29 suppliers to develop 150 000 to 200 000 MWh of Iowa renewable energy to power about 20 000 homes. Proposals due April 2, Energ y from wind and landfill gas may be used, part of Power Iowa aims to boost local reliability by 2003 year end.
MENTIONED IN THIS ARTICLE
Cedar Rapids
U.S
Enron
Alliant Energy
Allianz
Alliant
Iowa
Power
Influential firm backs HP Compaq merger vote
Institutional Shareholder Services urged HP investors to approve the proposed 22 billion acquisition of Compaq Computer Corp. The recommendation adds pressure as more than 20 percent of HP shares oppose the deal, while about 5 percent align with HP. Walter Hewlett disputed the ISS findings.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Hewlett-Packard Co
Compaq Computer Corp
Walter Hewlett
Institutional Shareholder Services
Rockville
ISS
Hewlett and Packard
Hewlett
Also Mentioned on This Page
Waterloo Chamber
Waterloo Chamber of Commerce
Dale Collinsworth
Chamber
Collinsworth
Columbus
Neb
Waterloo
Marshall, Minn
Grinnell
Deere & Co
Springfield, Ill
Phoenix International
Fargo
N.D
Williams
Williams Cos
Williams Communications Group
Williams Communications
SciTyme
Iowa City
AP Stockquote
Local
Blairs Ferry Road
Edgewood Road
Ly Oversaw
David DeWitte
Davidd
Ser
M'Uken
Travis Schmidt
Archer Farms
Senate
B. E. Michael Myers
Cherokee County
Harkin
Chuck Grassley
Alown
Secretary of Agriculture
the Gazette
Dan Presser
Presser
Gazette
Management
Me. Vmf Capital, LLC
Third Avenue
114Th Street
Clive, IA
Vmfcapital.com
Don Flynn
Mike van Meter
Tom Myers
Karen Green
Scott Elites
Chris Cook
Jon Augustine
Don Mears
Dave Verhille
Truewnorth Insurance and Financial Strategies
4Th Ave
Kansas City
Lipe Insurance Company
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