Wall Street mixed after NY jetliner crash news
Investors reacted to a jetliner crash in New York with caution, the Dow closing down 53.63 at 9554.37 while the Nasdaq rose 11.65 to 1840.13 as reports suggested no terrorism link. Local movers included RF Micro Devices up 2.30 and Toyota down 1.45. Collins Community Credit Union opened a new Cedar Rapids branch at 3160 Wiley Blvd SW. The branch offers loans, accounts, a drive up and 24 hour ATM.
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Toyota
Collins Community Credit Union
Wiley Blvd
Cedar Rapids
Grange master outlines policy areas for rural action
National Grange Master Richardson outlines policy goals to aid farmers and rural residents in Cedar Rapids. He urges extension of dairy compacts, reform of commodity checkoffs, a grant program for legal and research costs in anti trust cases, and expansion of cable and high speed Internet to rural areas. The Cedar Rapids convention attracts 2,000 visitors and boosts the local economy.
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Richardson
Agriculture Department
Farm subsidies on the table at WTO Doha talks
U S officials say farm payments to local farmers can be discussed in new world trade talks at Doha as the EU resists any move to phase out subsidies. Veneman signals export credits and farm aid issues will be negotiated amid tense agriculture talks.
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Veneman
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Seattle
Tyson posts big Q4 gain after IBP purchase
Tyson Foods reports Q4 net income of 47.5 million dollars or 22 cents a share, up over 160 percent from last year. Revenue climbs to 5.09 billion as Tyson completes its 3.2 billion IBP acquisition and projects 2002 EPS of 95 cents to 1.05 dollars.
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Ethanol proposal may join Senate energy bill
In Washington, a national ethanol blending standard could be added to a Senate energy bill as lawmakers seek energy security. Senators Grassley and Hagel support a target of 5 billion gallons of ethanol annual use, benefiting Midwest corn growers and bi-partisan energy plans.
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Senate
Capitol Hill
Shaw
Chuck Grassley
Grassley
Sen
Chuck Hagel
Nebraska
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