Markets dip on investor worries amid mixed stock moves
U S stock markets fell for a second straight session as investor concerns over technology shares weighed on the Dow Jones, Nasdaq and S&P 500. Eastern Iowa stocks showed mixed results with 14 gainers, 25 decliners and five unchanged. Margaret Stender named president of Quaker Oats cereals division after long industry career.
MENTIONED IN THIS ARTICLE
Standard & Poor
Iowa
Apac Customer Services Inc
Heartland Express Inc
Wal-Mart Stores Inc
Bank of America
Oil climbs to decade high after OPEC move
Oil futures rose to a 10 year high on Monday as OPEC announced an 3 percent output increase and the IEA doubted price stabilization. OPEC President Ali Rodriguez voiced concerns that the rise may not lower prices sufficiently. Light crude futures jumped $1.51 to $35.14 on the NYMEX after intraday peak of $35.85, highest since October 1990.
MENTIONED IN THIS ARTICLE
OPEC
International Energy Agency
Ali Rodriguez
New York Mercantile Exchange
T-bills slip at auction with lower short-term yields
The Treasury sold 3 month bills for 5.945 percent and 6 month bills for 5.955 percent, both down from the prior week. The reported discount rates understate actual yields at 6.121 percent for three months and 6.226 percent for six months.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Field Day At Crawfordsville To Address Soybean Beetles
Farmers at Crawfordsville research farm near Iowa State University will discuss bean leaf beetle and corn flea beetle issues today at 1 30 p m. The public is invited to attend with cost concerns noted for soybean production. Directions: south of Crawfordsville on Highway 218 1.75 miles then east on I 62 two miles left on Louisa Washington Road three quarters of a mile.
MENTIONED IN THIS ARTICLE
Iowa State University
Crawfordsville
Louisa-Washington
Kum & Go gas bidding via Priceline.com deal announced
Krause Gentle Corp operating Kum & Go will let Internet users bid on gas at 304 stores through Priceline.com. Buyers choose grade amount and bid. if accepted, they get a prepaid card and 60 second notification of accepting locations. If prices drop, customers get the lesser of prepaid or pump price.
MENTIONED IN THIS ARTICLE
Kum & Go
Priceline.com
Krause Gentle Corp
High cost of living in global regions
Windham Research shows the world’s most expensive regions on a 5 percent higher level than the United States. In the Americas Argentina records prices above the U S. Pacific and European regions also exceed U S levels. Public data by ECA and PAT Carr with Paul Trap graphics.
MENTIONED IN THIS ARTICLE
ECA Windham Research
Pat Carr
Paul Trap
Chamber renews work force goals for 2001 meeting
Cedar Rapids Chamber of Commerce focuses on work force development as its top priority for 2001. President Ron Corbett notes stronger member requests. Unemployment in Linn County stood at 1.2 percent in July with state unemployment near a record low. John Rice of General Electric Power Systems will keynote at the luncheon, which also introduces the Howard Hall Excellence in Business Award.
MENTIONED IN THIS ARTICLE
Linn County
Chamber
Crowne Plaza
Five Seasons Hotel Grand
John Rice
General Electric Power Systems
Howard Hall
Cedar Rapids Chamber Unveils New High Tech Logo
The pids Area Chamber of Commerce will recognize excellence in international trade at its annual meeting and publications. The chamber introduced its first new logo in years, replacing the City of Cedar Rapids tree emblem. The design shows two swoosh symbols in muted colors, overlapping and facing different directions.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
City of
Cedar Rapids
Corbett
Women entrepreneurs gain federal contracts push in Iowa
SBA launches two initiatives to help women win government contracts. A new website at womenbiz.gov offers subcontracting advice procurement information and agency forecasting while a Washington DC office will guide women to access federal contracts led by Sheryl Swed. Coralville UI alum Joan Severson leads local tech venture Digital Artefacts on the Oakdale Campus and urges more women to enter technology fields.
MENTIONED IN THIS ARTICLE
Nathan Hill Gazette
Coralville
Joan Severson
Iowa
Severson
Digital Artefacts
University of Iowa
Oakdale
23Rd Ave
U.S. Small Business Administration
SBA
Aida Alvarez
Sheryl Swed
Swed
Heat hastening harvest in Iowa
Dry conditions and weak cornstalks push an early harvest across Iowa. USDA report shows deteriorating crop conditions with some plants dying. harvest and silage chopping are underway statewide except the northeast. Temperatures ranged 41 to 97 degrees with rainfall well below normal, marking the state’s driest week in 23 weeks.
MENTIONED IN THIS ARTICLE
Iowa
Secretary impressed by CornCam and cornfield appeal
Iowa Secretary of Agriculture Patty Judge tours Garst Seed field seen via CornCam on Jim and Sharon Greif's farm in Linn County. The Web driven project by Garst Seed and Iowa Farmer Today draws global curiosity about corn uses from sweeteners to ethanol and sparks farmer outreach.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Prairieburg
Iowa
Patty Judge
North Linn County
Iowa Farmer Today
Jim
Sharon Greif
Garst Seed
Iowafarmer.com
Jim Greif
Dan Zinkand
China
Judge
Iowa Agriculture
Garst
Scott Johnson
Iowa Farmer Today CornCar
Kansas expands crop disaster areas amid drought and heat
Sixty eight Kansas counties were added to the disaster-area list due to hot dry summer weather that hurt soybeans and hay and pressured cattle herds. Secretary Dan Glickman said more counties may be added and noted drought floods winds and hail caused the losses.
MENTIONED IN THIS ARTICLE
Iowa
USDA
Benton
Black Hawk
Cass
Grundy
Guthrie
Madison
GM slow to recall 290000 Buick and Oldsmobile airbags
General Motors warns owners of 290000 Buick Regal and Oldsmobile Cutlass Supreme sedans that driver side air bags may deploy unexpectedly due to corrosion on a wire. A recall cannot begin until new inflators are sourced, with repairs expected to start in December. 60 injuries, all minor, have been reported from 115 deployment incidents in the United States and Canada.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Buick
Oldsmobile
Terry Rhadigan
United States
Canada
Rhadigan
Also Mentioned on This Page
Quaker Oats
Margaret Stender
Quaker Oats Co
Harry Dent
Stender
Quaker
Ameritech
Americast
Rand McNally
Priceline
BizFacts
Japan
U.S
Denmark
Americas
Argentina
By Dave DeWitte
Pids Area ‘ Chamber OF Commerce
CornCam
Gazette
Jin
Osiar
Glickman
Farm Service Agency
Colorado
Oregon
Nevada
Oklahoma
Olds
Line of Credit
Buchanan
Cedar
Delaware
Johnson, Jones, Iowa, & Linn Counties
Collins Community Hs Credit Union
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