Young families lose ground as incomes fall for under 30
The Children’s Defense Fund reports 30 under income dropped 33 percent from 1973 to 1994, with poverty among children in young families rising to 41 percent in 1994. Single parents and less educated workers drive the decline while college educated parents gain.
MENTIONED IN THIS ARTICLE
Washington
Children’s Defense Fund
Arlee Sherman
Karl Zinsmeister
American Enterprise Institute
Canon U S A to Pay 6 Million in Government Pricing Case
Canon U S A agreed to pay 6 million dollars in damages and penalties for misrepresenting prices to the government on microfilm and microfiche reading equipment. An Inspector General probe tied to a 1988 GSA investigation led to a 1994 mail fraud plea by a Canon contracting officer.
MENTIONED IN THIS ARTICLE
Canon U
Embraer to Build 37-Seat Regional Commuter Plane
Embraer, Latin America’s largest aircraft maker, will invest $100 million to design and build a 37 seat commuter jet. Over ten years it aims to produce 500 EMB-135 planes for regional service. Price projected at $1.8 million per jet. Prototype ready in 1998, first delivery in 1999.
MENTIONED IN THIS ARTICLE
Sao Paulo
Brazil
Embraer
Latin America
Ganske urges FDA to consider meat irradiation
Rep. Greg Ganske a Des Moines surgeon urges the FDA to speed up review of a 1994 petition to use low dose irradiation on red meat. He says irradiation is safe could prevent E coli outbreaks and recalls while noting his own food poisoning experience. The act would grant approval allowing irradiation on red meat.
MENTIONED IN THIS ARTICLE
FDA
Ganske
Central America
Tom Harkin
Iowa
Harkin
Blue-chip stocks lure investors as Dow rises sharply
Investors poured into blue chips on Tuesday lifting the Dow Jones by 174.78 to 7895.92 as growth outpaced inflation. The S P 500 climbed 25.87 to 945.64 while volume reached 635.77 million shares. Procter & Gamble led gains with a 7 percent jump. Eastman Kodak fell 3 points.
MENTIONED IN THIS ARTICLE
New York
Dow
Procter & Gamble
Standard & Poor
Gillette
Mercantile
Norwest
General Electric
United Technologies
Allied Group
General Mills
Raytheon
Deere & Co
Quaker Oats
HON Industries
Eastman Kodak
NEW York Stock Exchange
EstKodak
At&t Corps
Coluhca
Corningince
American Stock Exchange
Isco
AMEX
DOW Jones
Ind
Biotech
Computer
Standard & Poor’s Finance
Indust
Wilshire Associates
Urce
Associated Press
Midwest U S Japan association conference wraps in Kansas City
More than 150 Japanese business and government leaders attended a western barbecue and rodeo at the Benjamin Ranch in Kansas City as part of the 29th annual Midwest U S Japan Association conference. The summit concluded Tuesday and moves to Tokyo in 1998.
MENTIONED IN THIS ARTICLE
Harry Cleberg
Farmland Industries
Kansas City
Tatsuo Tanaka
Japan
Benjamin Ranch
Tokyo
UPS loses workers and volume after Teamsters strike
UPS says the two week Teamsters strike caused 15,000 part time workers not to return, forcing a halt to layoff plans. Volume is down about 6 percent from prestrike levels as midsize shippers moved to competitors while daily pickups run around 11.8 to 12 million packages. The firm plans to hire new workers but cannot specify numbers.
MENTIONED IN THIS ARTICLE
Atlanta
United Parcel Service
UPS
Norman Black
Black
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Diamond V Millis
Diamond V Mills
International Trade Bureau of the
Cedar Rapids Area
Chicago Board of Trade
Upper Midwest
National Oilseed Processors Association
Serbia
Interior Ministry
Krasi Pavlutsov
Bregovo
Sofia
Neiman Marcus
Teba
Consumer Product Safety Commission
Tema Dis Ticaret
Izmir
Turkey
QVC
Borrom
RUE Its
Magi Services
Charlene
Embraer Building
David Lynch
Hearthside Lending Corp
Steinway & Sons
Marion
Mercy Education Department
John Deere Health Care
Mercy Medical Center
Cedar Rapidi
U.S
Frontier Investment Services
Ffutures.com
Advisors Group, Inc
River Ridge Drive
Cedar Rapids
Mercy Education Center
Cedar Rapids, Iow
Richard Zenske
Mercy