Stocks drift lower waiting for Iraq progress news
Market drifted with little movement as investors awaited signs of allied actions in Iraq. Dow fell to 8201.45, Nasdaq to 1384.25, volume eased. Maytag recalls 23000 gas ranges for flashback fires. McDonalds may sell Boston Market Chipotle and Donatos. Mortgage rates rose to 5.91 percent for 30-year loans.
MENTIONED IN THIS ARTICLE
Wall Street
Iraq
New York Stock Exchange
Maytag Corp
Newton Company
Consumer Product Safety Commission
Maytag Gemini
McDonald's Corp
Boston
Thedeal.com
Chicago Tribune
Oak Brook
Brands
McDonald's
Freddie Mac
New overtime rules threaten millions of workers
Washington AP reports proposed federal changes to the Fair Labor Standards Act could affect about 22 million workers by redefining overtime eligibility. The plan sets a $22,100 annual threshold and limits exemptions for administrative and professional roles, with public comment open for 90 days and potential implementation later this year or early next.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Ing
McCutchen
Cardella Takes Lead as Precision Response Chief
Dave Cardella, 41, appointed chairman and CEO of Precision Response Corp after leaving Access Direct, which he founded in 1995. PRC aims to lift annual revenues from 350 million to 500 million, expanding beyond call centers into value added services such as database work and IVR. Cardella plans gradual growth across 12,000 employees under USA Interactive, with operations in Miami Fort Lauderdale India and the Philippines.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Precision Response Corp
Tom Cardella
Cardella
Access Direct
Cedar Rapids
USA Interactive
Fort Lauderdale
Fla
Precision Response
Miami
India
Philippines
Hancock Information Group
PRC
University of Iowa
Iowa
North Liberty
Home Shopping Network
Ticketmaster
Expedia
Match.com
Kevin Wolf
the Gazette
Thomas Cardella
Florida
Biotech firm cited for mishap gains USDA loan
The Agriculture Department approved a $3.4 million no interest loan to ProdiGene Inc after it settled a case over mixing a pig vaccine producing corn with soybeans in Nebraska. ProdiGene will repay about $2.95 million in fines and reimburse $2.7 million to cover burned crop costs, while critics call the loan a sweetheart deal.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
ProdiGene Inc
College Station
Texas
Department
Alisa Harrison
Russell K. Burbank
ProdiGene
Gregory Jaffe
Biotech
Center For Science In the Public Interest
Jaffe
Economy blamed for possible new recession risk
The economy shows sluggish momentum after a weak end of the year with war uncertainties and a soft job market. Analysts split on next quarter growth with estimates from just over 1.5 percent to under 1 percent, some fearing contraction.
MENTIONED IN THIS ARTICLE
Washington
Sung Won Sohn
Wells Fargo
Commerce Department
Rarsday
Medicare premiums to rise 12.5 percent in 2004
Medicare beneficiaries could face a 12.3 percent monthly premium increase in 2004, about 86.40 for the year, the largest rise in years. Actuary Richard Foster cites rising costs for doctors services wheelchairs and other items as drivers of higher spending and premium calculations.
MENTIONED IN THIS ARTICLE
Washington
Medicare
Richard Foster
Also Mentioned on This Page
Nasdaq
Iraq News
McDonald’s
Gadar
VPA
USDA
Medicare.org
Bwestem
KTOS
Armor Drive
Marion
Alliant
Rockwell Collins
Cedar River Paper
Riat Des Amage
Cape
Gene
Eileen
Brera
Jawa Vy
Jawa Weste
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!