Blue-chip stocks rise as Dow nears 9000 in late rebound
The Dow closes up 31.14 at 8749.99 after a 35 point early dip, a second straight record close for blue chips. NYSE volume hits 680.96 million with mixed moves among named stocks like Gillette and Kodak. Cedar Rapids firms Clifton Gunderson and Mosebach Griffith announce a June 1 merger expanding the former’s Iowa footprint.
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Dow Jones
Dow
New York Stock Exchange
Iowa
Gillette
General Mills
Procter & Gamble
Eastman Kodak
McLeod
Rockwell
MACC
Clifton Gunderson L.L.C
Mosebach Griffith Co. P.C
Cedar Rapids
Mosebach
Tama
Muscatine
Grundy Center
Des Moines
Clifton Gunderson
CPA
Mosebach Griffith
Scraumlr
American Stock Exchange
TWA Spdr
HalterMars Ve
Inex Crete
Biotech
Computer
Standard & Poor's Finance
Indus
Associated Press
California to add area codes as phone numbers grow
California plans five area code splits in the next year as 19 codes expand toward 32 calling areas by 2000. The California Nevada Code Administration cites growth in demand and inflation in dialing numbers.
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California
San Francisco
Los Angeles
Alison Costa
Costa
Organic farming group meeting in Fairfield Iowa
The Fairfield Area Chamber of Commerce and Economic Development Office sponsor an organic farming meeting at 7 p.m. Thursday at the Fairfield Public Library. Topics include the Southeast Iowa Organics Association certification plans poultry and egg projects an organic farming mentor program future tours and marketing purchasing. For information call Marsha Laux at 515 472 2111.
MENTIONED IN THIS ARTICLE
Fairfield Area
Clinton pushes fixes as insurers face new health law gaps
President Clinton announced steps with Donna Shalala to shore up a health insurance portability law and warned insurers against impeding access. He cited investigations of inflated premiums and agents delaying coverage. He also pitched a plan to let 55 to 64 year olds buy early Medicare, urging action despite GOP opposition.
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Washington
Clinton
Capitol Hill
Health and Human Services
Donna Shalala
America
Iowa Senate OKs bill to let US West adjust rates
The Iowa Senate approved a bill guiding how US West Communications could shift to a price cap plan, allowing a potential 3 percent basic rate cut and reduced rate approvals. US West expects further savings on access charges passed to customers. opponents question overall rate reductions.
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Senate
Des Moines
US West Communications
Iowa Senate
Iowa
US West
Iowa Utilities Board
Office of the
Consumer Advocate
State Attorney General’s Office
Lynn Gipple
Tom Flynn
D-Epworth
Fixed daily meal allowance for business trips
The IRS offers a fixed-rate meal allowance from 30 to 42 dollars per day based on destination. The standard allowance requires no receipts but records time place and business purpose. If you spend more on meals and tips, itemizing actual expenses could yield a larger deduction.
MENTIONED IN THIS ARTICLE
IRS
Asian crisis boosts U S housing but slows manufacturing
U S housing gains lift construction to 1.64 million annual units in February, the best since 1987, while industrial production stalled for a fifth straight month. Economists cite weaker exports to Asia and higher Asian competition as the manufacturing drag, with mild winter aiding housing demand.
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Washington
Asia
Commerce Department
Federal Reserve
Northeast
South
Midwest
Beardstown Ladies apologize for inflated investment returns
Beards town Ladies, the Beardstown Business and Professional Women's Investment Club, admit miscalculated gains after a Chicago magazine report questioned their claims. Betty Sinnock says a computer input error led to a false 23.4 percent annual return cited for 1984 93. actual returns varied. Price Waterhouse audit shows 15.3 percent overall since inception. 9.1 percent for 1984 93. Hyperion to issue correction slips and adjust future printings.
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Chicago
Sinnock
Beardstown
Price Waterhouse
UPS pilots approve 27 percent pay rise and doubled retirement
United Parcel Service pilots ratified a seven year contract boosting pay by 27 percent and doubling retirement pensions. The Independent Pilots Association reported a 1,570 to 324 vote in favor after over two years of negotiations.
MENTIONED IN THIS ARTICLE
UPS
Washington
United Parcel Service
Robert Miller
The
Independent Pilots Association
Miller
Teamsters
Parkway Mortgage earns trust with clear fees and fast closing
Cedar Rapids couple Brad and Stephanie Holthaus praise loan officer Brian Goetzinger for upfront fees disclosure and friendly service, noting a fast loan closing. Real People. Real Solutions.
MENTIONED IN THIS ARTICLE
Parkway Mortgage
Brian Goetzinger
Brad
Stephanie Holthaus
Cedar Rapids
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Equipment Manufacturers Institute
Organic Farm Group
Gera
Congress
Rep
Bill Thomas
R-Calif
House
Ways and Means
Gipple
Gary Kilott
U.S
Pacific Ocean
C.R. Law Firm Expanding
Beardstown Ladies
Wall Street
Betty Sinnock
Bob Miller
Hyperion
Liberty
S. Fourth Ave
First Avenue