Wall Street surges on Iraq war hopes as WorldCom write down looms
Wall Street rose sharply led by the Dow up 269.68 points to 7,821.75 and the Nasdaq at 1,340.77 on optimism for a quick Iraq war. WorldCom planned a $45 billion goodwill write down and asset revaluations. Retail sales fell 1.6 percent in February raising recession fears. Mortgage rates hit new lows with 30 year at 5.61 percent and refinancings at a record 79.8 percent.
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Wall Street
U.S
Iraq
Dow
New York Stock Exchange
WorldCom Inc
WorldCom
Commerce Department
Freddie Mac
Mortgage Bankers Association of America
Kirkwood and BuffaloCODY discuss campus HQ and training center
Kirkwood Community College officials talk with BuffaloCODY about locating a 28,000 square foot corporate headquarters and training facility on the Cedar Rapids campus. The plan includes land transfer, job creation, and a 65 year eventual reversion to Kirkwood.
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The
Gazette
Cedar Rapids
Kirkwood Community College
Buffalocody
Buffalo Cody
Third Ave
North America
Kirkwood
Norm Nielsen
College
Nielsen
Buffalo
Cody
North College Drive
al Ruffalo
Aegon USA
Diamond V Mills
AT&T expands calling centers for troops in Kuwait
AT&T doubles pay phones for U S troops in Kuwait by adding seven new calling centers and more phones at three existing hubs bringing total phones to 163 with potential for 250. The program aims to reach April 1 readiness and may expand to Afghanistan Oman and Qatar.
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Trenton
N.J
At&t
U.S
Kuwait
Iraq
Bill Baumann
Iowa jobless rate dips to 3.7 percent in January
Iowa's seasonally adjusted unemployment fell to 3.7 percent in January from 4.2 percent in December, with gains in trade and transportation adding 1,300 jobs. Linn County saw a rise to 5.2 percent as unemployment climbed by 600 and manufacturing slid to 17,600 jobs. Johnson County rose to 3.3 percent while Jackson County led at 9.6 percent.
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Linn County
Ann Wagner
Iowa
Wagner
Johnson County
Jackson County
Richard Running
Lifeline aid enrollment expands in Iowa amid LIHEAP tie in
Iowa LIHEAP recipients can now sign up for Lifeline with the LIHEAP enrollment push. Lifeline offers a 6.62 to 7.75 dollar monthly phone credit and Link-Up covers up to 30 dollars for installation. About 37,000 LIHEAP recipients have applied so far this year.
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Gazette
Iowa
Federal Communications Commission
Iowa Department of Human Services
Area Agency On Aging
Department of Human Rights
Matt Parrott & Sons buys Keller-Hull to form Parrott Corporate Interiors
Waterloo based Matt Parrott & Sons Co has acquired Keller-Hull Co of Cedar Rapids. The new firm Parrott Corporate Interiors will serve Cedar Rapids Iowa City Dubuque and Waterloo offering office supplies and contract furniture. Details not disclosed Moran retires Hull remains as operations manager and part owner.
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George C. Ford
Gazette
Cedar Rapids
Waterloo
Matt Parrott & Sons Co
Keller-Hull Co
First Ave. SE
Parrott
Iowa City
Dubuque
Matt Parrot & Sons
Keller-Hull
Bob Moran
Richard Hull
Moran
David Buck
Matt Parrott & Sons
Hull
Buck
Matt Parrott
Keller- Hull
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New Buffalo Cody Site
Beale
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Ruffalocody
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Afghanistan
Oman
Qatar
Baumann
Lance Cpl
Travis Shubert
Gulf Region
By Dave DeWitte
Workforce Development
Javid
Dewitte
Communications.com
C.R
Waterloo Company
APAC
McLeod USA of A
Aegon NV
McLeod USA A
Alcoa Inc
Mestek
Alliant Energy
Moore Corp
Arch Dan Mid
Nash Finch
Pearson PLC m1
Bandag Inc
Penford Corp Dee Caseys Gen Store
PepsiCo
Columbus McKinnon
Keane Inc
US Bancorp
Konhts Corp
Weyernauser
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