Stocks rise despite weak consumer confidence and oil slide
A late session stock rally lifted the Dow 51.40 to 10 173.92 while the Nasdaq edged 1.61 higher as gains outpaced declines amid a 98.2 August Conference Board consumer confidence reading. Oil slipped toward 42 a barrel as refinery demand wanes. The WTO sanctioned the U S for anti-dumping rules with penalties up to 72 of collected duties. Volkswagen extended engine sludge warranty to cover 1998 2004 Passats and 1997 2004 Audi A4s, eight years with no mileage limit.
MENTIONED IN THIS ARTICLE
Conference Board
New York Stock Exchange
World Trade Organization
European Union
U.S
United States
WTO
Washington
Volkswagen of America Inc
Audi
Volkswagen
Gazette
News Service
Penford strike under NLRB probe over bargaining tactics
The National Labor Relations Board investigates Local 100-G's unfair labor practice charge against Penford Products Co alleging surface bargaining and prestrike security actions at the Cedar Rapids plant. Union members began a Aug. 1 strike after rejecting a five year contract with wage gains and provisions.
MENTIONED IN THIS ARTICLE
Labor Board
Penford
C.R. Company
Dave DeWitte
Gazette
National Labor Relations Board
Penford Products Co
100-G
Bakery
Confectionary, Tobacco and Grain Millers International Union
Ron Sharp
Local 100-G
Cedar Rapids
Keeley
Liberty statue pieces auctioned on eBay at $60,000 start
Pieces from Liberty and Ellis Island renovations are sold by Gold Leaf Corp in a 1984 to 1992 debris removal auction. Items include 18 inner frame pieces and 25 Ellis Island bricks. No bids by Monday. 10 day sale supports epilepsy foundation. statue foundation officials deny endorsement.
MENTIONED IN THIS ARTICLE
Ellis Island
eBay
Gold Leaf Corp
Fayetteville, Tenn
Statue of Liberty
Lady Liberty
Great Hall
Immigration Center
John Stocks
Carl Malek
Gold Leaf
Maria Langan
Ellis Island Foundation
Gold Leaf Corporation
U.S. consumer confidence slips on job worries
The Conference Board reports the Consumer Confidence Index fell 7.5 points to 98.2 in August from 105.7 in July, missing expectations of 103.5 and marking the lowest reading since May. Lynn Franco notes job market weakness has cooled optimism, while some economists call the drop a temporary setback.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Lynn Franco
Consumer Research Center
U.S
Commerce Department
Mark Witner
Wachovia Securities
Iowa firms named among AARP best for workers over 50
Three Iowa employers Principal Financial Corp Des Moines Stanley Consulting Muscatine and Deere & Co of Moline Ill join 35 companies cited by AARP for aging workers. Deborah Russell notes focus on recruiting retaining older staff while Mercer cites lifelong learning wellness retirement planning and mentoring programs.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
AARP
Principal Financial Corp
Stanley Consulting Inc
Muscatine
Moline
Ill
Russell
Anna Rappaport
Mercer Human Resources Consulting
Rede
Companies adapt work to aging staff and lifting limits
Des Moines based Principal Financial Corp Muscatine and Moline firms including Stanley Consulting and Deere & Co sign production lines to ease tasks for mature workers and reduce lifting. Stanley Consulting president Greg Thomopulos says experience is valued and benefits include full health insurance for workers and subsidized dependents. Carolyn Whitlatch of Principal recalls starting with a high school diploma and advancing thanks to company support.
MENTIONED IN THIS ARTICLE
Gregs Thomopulos
Stanley Consulting
Stanley
Thomopulos
Carolyn Whitlatch
Principal Financial Group
Principal
Amana Society reorganizes management structure
The Amana Society Inc. dissolves its management team approach and adopts a traditional corporate structure. Steve Penney becomes chief executive officer, Shirley Reichman secretary treasurer, and Kathy Kellenberger assistant secretary treasurer. Reichman and Kellenberger previously served in administrative roles. former VP operations Mike Shoup had left the company.
MENTIONED IN THIS ARTICLE
George C. Ford
Amana Society Inc
Reynold Moessner
Amana Society
Steve Penney
Shirley Reihman
Kathy Kellenberger
Ing
Reichman
Kellenberger
Moessner
Cial
the Gazette
Mike Shoup
Also Mentioned on This Page
Nasdaq
New York Mercantile Exchange
Nymex
SciTyme
Iowa City
Greg Keeley
David Holmes
David.dewitte
Gazettecommunie
Jersey City
N.J
John
Malek
The
Epilepsy Foundation
Cresent
Sondjfmami
I Principal Financial Corp
Deere & Co
Penney
Serv
Shoup
George.ford
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