Wall Street ends modestly down amid Iraq war fears
Markets fell as reports of Iraq preparing chemical weapons and a Bush warning unsettled investors. The Dow slid 50.35 to 8229.88 and the Nasdaq dropped 256 to 1887.45 amid light volume. Grassley optimistic on Iraqi grain aid benefiting Iowa farmers. AEGON posts big 2002 loss with U.S. GAAP write-downs. American Airlines pilots discuss mass layoffs as cost cuts loom.
MENTIONED IN THIS ARTICLE
Wall Street
Iraq
Bush
New York Stock Exchange
Seniors nutrition funding Set at Iowa seniors markets
The USDA funds the Senior Farmers Market Nutrition Program with 16.8 million nationally. Iowa will receive 467,997 to help low to middle income seniors buy fresh produce at farmers markets community gardens and sweet corn trucks. About 17 000 Iowa seniors are served with checks totaling 28 each. Enrollment begins in April with checks issued in May at senior centers and extension offices.
MENTIONED IN THIS ARTICLE
Marlene Lucas
the Gazette
Iowa
U.S. Department of Agriculture
Towa
USDA
Kathy Gregor
Heritage Agency On Aging
Cedar Rapids
Linn
Johnson
Jones
Cedar
Benton
Washington
Jowans
Mike Welte
Katona
Gan
Iowa City
Sycamore Mall
Welte
Secretary of Agriculture
Patty Judge
Machelle Shaffer
Iowa Department of Agriculture and Land Stewardship
Shaffer
Gregor
Wal-Mart expands abroad amid foreign growth push
In Mexico City Wal-Mart and Sam's Club showcase a global strategy as the retailer scales abroad. Officials note markets like Mexico are key to counter domestic saturation while local suppliers supply about 90 percent of goods. Wal-Mart’s Mexican footprint includes 597 stores and multiple brand formats.
MENTIONED IN THIS ARTICLE
Mexico City
Wal-Mart
Wal-Mart Stores Inc
United States
America
U.S
Ken Perkins
Thomson First Call
Rogers, Ark
Mexico
Canada
Puerto Rico
Argentina
Brazil
Britain
Germany
South Korea
Japan
China
Co City
Sam's Club
Cally
Ray Bracy
Superama
Suburbia
Martachi
Martin Silva
Juarez
Tyson Foods off hook in migrant hiring conspiracy trial
A federal jury in Chattanooga acquitted Tyson Foods and three managers on all charges accusing them of recruiting illegal workers from Mexico and Central America as part of a nationwide plot. Executives testified Tyson did not encourage illegal hiring and that managers acted against policy, while two former managers with plea deals described following company demands.
MENTIONED IN THIS ARTICLE
Chattanooga, Tenn
Tyson Foods
Mexico
Central America
Gary Michelson
Tyson
UI to honor Pearson CEO at 2002 Schmidt Award dinner
Marjorie M. Scardino, CEO of Pearson PLC, will be honored by the University of Iowa and the Tippie College of Business at a Main Lounge Memorial Union dinner for the 2002 Oscar C Schmidt Iowa Business Leadership Award. Scardino, first woman recipient, led Pearson since 1997 after leading The Economist Group.
MENTIONED IN THIS ARTICLE
Pearson
the Gazette
Iowa City
Marjorie M. Scardino
Pearson PLC
The
University of Iown
Oscar C. Schmidt
Towa
Henry B. Tippie
Scardino
Gary Fethke
Tippie College of Business
Economist Group
Savannah, Ga
Georgia Gazette
Iowa
C. Oscar Schmidt
Cincinnati Butchers” Supply Co
Sears Targets Sale of Credit Card Division Amid Restructuring
Sears announces the potential sale of its credit-card division as it pivots to revamp its retail business. Investors push the stock higher on news of the strategic shift led by CEO Alan Lacy while the company seeks sharper focus and improved performance after years of credit-related losses.
Sears to Sell Credit Card Unit to Focus on Retail
Sears Roebuck and Co said on Wednesday it will sell its 1s credit card division to streamline operations and sharpen focus on core retail business as 2002 sales trends are assessed.
MENTIONED IN THIS ARTICLE
Sears. Roebuck and Co
January through February 2000 Economy Slows Amid Weather War Jitters
February economic data show weak demand with new home sales plunging 81 percent to 854 000 annual pace the lowest since August 2000 and factory orders down 12 percent. Regional drops hit the Northeast 36.8 percent and Midwest 63 percent. January declines were steeper. Experts cite bad weather worries about Iraq and stock market volatility as factors.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Lynn Reaser
Banc of America Capital Management
Iraq
South
Midwest
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