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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 27, 2003

Page

18

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.

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.

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.

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.

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.

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.

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.

Washington Commerce Department Lynn Reaser Banc of America Capital Management Iraq South Midwest

Also Mentioned on This Page

Pt Ee Nasdaq Chuck Grassley Grassley AEGON Aegon NV Aegon USA Union American Airlines American Grege Orex Allied Pilots Association Marléne Lucas Pazetter Enrique Flores Mexi Michelson Springdale, Ark Pearson Educational Measurement Pearson Government Solutions Oakdale Research Park Coralville Nokia Corp Carter Center Busiess Council Sears Chicago Sears, Roebuck and Co Veas New York Industrots Tts Crerat Aipine Stork Alan Lacy Arces Sousce Howes Quine Banka
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