KU predicts above average winter wheat yield in Kansas
KU forecasters expect a statewide winter wheat yield of 42.4 bushels per acre, above the five year average of 41.2, with moisture in southern regions aiding early crop development. The Green Report maps track vegetation and compare current conditions to prior periods, updating biweekly. A final outcome awaits the June end of the growing season amid drought risks.
MENTIONED IN THIS ARTICLE
Journal-World
Kansas University
Kevin Price
Kansas Applied Remote Sensing Program
Kansas
Price
GreenReport
Kansas Exports Rise While U.S. Shrinks in 2002
Kansas exports climbed 7 percent to 5.8 billion in 2002, outpacing a 3 percent nationwide decline. Canada led Kansas destinations at 1.28 billion, with Japan and Mexico next. Transportation equipment, including aircraft, topped exports at 1.85 billion, followed by manufactured food and agricultural crops.
MENTIONED IN THIS ARTICLE
Kansas
U.S. Department of Commerce
U.S
Canada
Japan
Mexico
Credit scoring bill signed into law by governor
Gov Kathleen Sebelius signed a law barring insurers from using a credit history as the sole reason to raise premiums. The measure, effective Jan 1, requires firms to disclose how they use credit histories in setting premiums. Insurance Commissioner Sandy Praeger cited online survey results showing many policyholders heard premium hikes tied to credit history.
MENTIONED IN THIS ARTICLE
Kathleen Sebelius
Sandy Praeger
Lawrance
Praeger
Insurance Department
Markets Closed for Good Friday Across Wall Street
Financial markets including the New York Stock Exchange and Nasdaq are closed for Good Friday. Weekly stock and mutual fund roundups will be printed in Saturday’s Journal-World.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Journal-World
Area firms report varied quarterly earnings and dividends
Kansas City based UMB Financial announced earnings of 66 cents per share for the latest quarter, up from 55 cents a year earlier. It also declared a 20 cent per share dividend. Kmart, which runs a distribution center in Lawrence, projected earnings of 51 million for the quarter after previously forecasting a 133 million loss. ONEOK Inc., operating as Kansas Gas Service in northeast Kansas, declared a 17 cent per share quarterly dividend.
MENTIONED IN THIS ARTICLE
Kansas City
UMB Financial
UMB
Lawrence
Kmart
Oneok Inc
Kansas
Kansas Gas Service
American Airlines protects top executives with pension trust
American Airlines created a pension trust for 45 top executives, funding benefits in bankruptcy while signaling wage cuts of 1.8 billion across unions. Pilots and ground workers learned of the plan after voting on concessions, sparking outrage over retention bonuses and lack of rank‑and‑file disclosure. Donald Carty faces a potential 1.6 million bonus tied to remaining until 2005 amid a company efforts to stay afloat.
MENTIONED IN THIS ARTICLE
Fort Worth, Texas
American Airlines
John Ward
James C. Little
Ground Workers’ Union
Securities and Exchange Commission
Bruce Hick
Hicks
Ward
Little
American
SEC
AMR Corp
The
Wall Street Journal
Donald Carty
Carty
Jobless claims climb signaling sluggish job market
The Labor Department reported 442000 initial jobless claims for the week ending April 12, the second highest figure of the year and above 400000 for nine straight weeks. Economists warn the unemployment rate of 5.8 percent may rise, while auto industry layoffs and slow demand dampen recovery.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Wall Street
Paul Taylor
National Automobile Dealers Assn
Clifford Waldman
Manufacturers Alliance
MACPI
Freddie Mac reports drop in mortgage rates
Freddie Mac reports a decrease in the average fixed-rate 30-year mortgage to 5.82 percent for the week ending April 18, down from 5.85 percent. The survey notes rates have stayed under six percent this year, with Freddie Mac predicting another strong year for housing and noting the 1971 baseline for tracking.
MENTIONED IN THIS ARTICLE
Freddie Mac
Washington
Frank Nothart
Also Mentioned on This Page
Bill Cheney
John Hancock Financial Services
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