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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 17, 2001
Page
20
U S consumer prices rose 0.3 percent in April aided by the largest drop in clothing prices since 1949. Core inflation rose 0.2 percent as energy costs surged and housing shows resilience with a 1.5 percent jump in new housing starts to a 1.609 million annual rate aided by lower mortgage rates.
Comair plans 400 more layoffs, selling 20 Canadair jets as the pilot strike drags on. The move aims to cut daily losses to 1.5 to 2 million dollars, after a total revenue loss of 208 million since March 26. Flights remain canceled through July 15.
Sears Roebuck and Co recalls 13 000 glue guns that can overheat and burn users posing a fire hazard. No injuries reported. Sold as Sears Craftsman Instant On Bender Kits for 20 dollars with accessories. Return for full refund. Call Adhesive Technologies at 1 800 458 3486 for details.
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