Hy-Vee marks 60th anniversary with large Des Moines event
More than 22,000 Hy-Vee employees and families from seven states will attend a two day celebration at the Iowa State Fairgrounds in Des Moines. The event honors the company’s 60th anniversary and its first $2 billion sales year with concerts food booths rides sky divers classic cars and celebrity guests. Hy-Vee runs 210 stores in Iowa and six other Midwest states.
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Hy-Vee
Iowa State Fairgrounds
Des Moines
Iowa
Midwest
Arby's Opens South Central Regional Office in Dallas
Arby's opens a south central regional office in Dallas as one of five regional hubs. The new facility serves nearly 70 franchisees totaling 381 restaurants across Iowa and eight other states.
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Arby's
South Central
Dallas
Iowa
Rodale Dies in Moscow Crash at Age 60
Robert Rodale publishing millionaire and health advocate dies in a Moscow automobile crash at age 60. He led Rodale Press Inc in Emmaus Pennsylvania and was in the Soviet Union to launch a Russian edition of The New Farmer magazine focusing on organic farming methods.
MENTIONED IN THIS ARTICLE
Robert Rodale
Moscow
Rodale
Rodale Press Inc
Emmaus
Soviet Union
New Farmer Magazine
National Records Center opens facility in Urbandale
National Records in Urbandale opens an automated information storage facility. The center is part of National Records, a subsidiary of JMI Corp formerly Microlab Inc, an Iowa company in document management since 1972 with offices in Cedar Rapids.
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National Records Center
Urbandale
National Records
JMI Corp
Form Microlab Inc
Iowa
JMI
Cedar Rapids
West Coast firms top sabbatical offerings says survey
A survey of 947 human resources professionals shows that 10 percent of companies grant sabbaticals and electronics and computer firms on the West Coast are most likely to offer extended leave while Midwest firms are least likely. The survey by Adia Personnel Services of Menlo Park, California.
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West Coast
West
Midwest
Adia Personnel Services
Menlo Park
Calif
ABC News Expands Stake in Worldwide TV News
ABC News said it would buy a majority interest in Worldwide Television News a London based agency with 1000 clients including CBS News and CNN increasing its share from 45 percent to 80 percent. The agency serves broadcasters in 65 countries as networks seek to cut overseas news costs through partnerships.
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ABC News
Worldwide Television News
CBS News
Cable News Network
ABC
U.S
Lees Sues Rolls Royce Over 1982 Corniche
Four years after suing Rolls Royce Lees begins jury trial in Detroit on his $5 million claim against Rolls Royce PLC its subsidiary and a local dealer. The former industrialist now in Daytona Beach alleges defects appeared the day he took the 1983 car home.
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Rolls-Royce
Wheels of Justice
George Lees
Detroit
Lees
Grosse Pointe
Daytona Beach
Fla
Czechs blame slow US joint ventures for progress
Petr Bednar, head of Power Engineering Industries in Prague, says Western Europe has many American interest but the United States shows little for joint ventures. At Iowa City, Bednar and Miloslav Synek discussed political and economic transitions toward a free market, with Bednar noting his firm now comprises 30 independent units and seeking Western European partnerships.
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Iowa City
Petr Bednar
United States
Czechoslovakia
Bednar
Western Europe
University of Iowa
U of I College of Business Administration
Synek
Soviet Union
Henry Madden
Institute For Entrepreneurial Management
The
U of I
Europe
Rising world rates threaten foreign funds draining US economy
Washington reports warn that higher global interest rates could pull capital from the United States and weaken the dollar. Treasury Secretary Brady and Fed Chair Greenspan meet with counterparts from Japan, West Germany, Britain, France, Italy, and Canada to seek a coordinated policy response amid the oil shock and inflation pressures.
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Washington
U.S
America
Bush
Federal Reserve
Fed
United States
Treasury
Nicholas Brady
Alan Greenspan
Japan
West Germany
Britain
France
Italy
Canada
Brady
David Jones
Aubrey G. Lanston & Co
Europe
Iraq
Kuwait
Lawrence Chimerine
Economic Strategy Institute
Washington Research Organization
Congress
International Monetary Fund
World Bank
Market Loss Tops Week as Dow Dims 5.94 Point Slide
Wall Street activity surged in a volatile session with the Dow Jones industrial average dropping to 2 512 38 a 5 94 decline as investors digested Chase Manhattan plan to cut its dividend and absorb restructuring charges. Volume rose to 201 05 million shares and the market posted more declines than advances. Procter and Gamble led losses while Rockwell posted the only notable gain.
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New York
Wall Street
Chase Manhattan
How to raise funds when investors pass
The Company Doctor explains that investors back a profitable plan with an experienced management team. A mediocre product can succeed if led by seasoned managers, while a great product with inexperience is unlikely to attract equity. Build a committed team before seeking money and test plans with investors.
MENTIONED IN THIS ARTICLE
Bill
Equity Investor
Scott Clark
Chase to cut 5000 jobs amid loan loss plan
Chase Manhattan Corp plans to trim 5000 positions, bolster loan loss reserves, and cut the quarterly dividend to 30 cents to bolster capital. A third quarter loss of about 625 million is expected after a 650 million provision addition and a 350 million one time charge, with stocks dropping on the news.
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New York
Chase Manhattan Corp
U.S
Chase
Citicorp
Wall Street
New York Stock Exchange
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New Arby
D.M. Area
Alfred, Darling
Procter and Gamble
Gillette
James River
Banks of Iowa
Rockwell
HTC Group Syndicate
7Th Ave
Giyette
Oelwein
Marion
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