Former Sothebys chairman sentenced for art auction price fixing
A. Alfred Taubman, former Sothebys chairman from 1983 to 2000, is ordered to serve one year in prison and pay a 7.5 million dollar fine for antitrust violations. He conspired with Christies to fix non negotiable commission rates, overcharging sellers by about 43.8 million dollars over six years. The case highlights the cutthroat nature of the fine arts market where Sothebys and Christies dominate global auctions.
MENTIONED IN THIS ARTICLE
Sotheby's Auction House
U.S
George Daniels
A. Alfred Taubman
Taubman
Sotheby's
Christie’s
Farmland fertilizer sales rise as plant status stays unclear
Farmland Industry officials announced fertilizer operations are again profitable with shipments on track to exceed prior years. CEO Bob House cited higher sales in corn-producing regions and three price increases in 15 days. The Lawrence nitrogen plant remains idle since January, with no firm reopening plan beyond a 60 to 90 day potential window if conditions improve.
MENTIONED IN THIS ARTICLE
Farmland
Lawrence
Bob House
House
Securities and Exchange Commission
Western Resources reports one time charge on earnings
Western Resources Inc the Topeka based utility group posted a first quarter loss of 9.14 a share after a one time 657 million charge largely tied to the Protection One asset restructuring. Excluding the charge earnings would have been 0.36 a share versus 0.06 in Q1 2001.
MENTIONED IN THIS ARTICLE
Western Resources Inc
Protection One
Western
Rain Lifts Some Wheat as Kansas Stays Dry
Kansas fields show slight wheat improvement after showers, with 15 percent rated very poor and 23 percent poor. Overall 36 percent fair, 23 percent good, and 3 percent excellent. Pasture conditions: 8 percent very poor, 30 percent poor, 42 percent fair, 19 percent good, 1 percent excellent.
MENTIONED IN THIS ARTICLE
Kansas
Kansas Agricultural Statistics Service
Gates testifies in antitrust case in Washington
Microsoft founder Bill Gates testified in the antitrust case as nine states seek penalties to force disclosure of blueprints and potentially undermine Windows. He demonstrated how removing Explorer could degrade Windows function and named AOL Time Warner Sun Gateway Novell Oracle as potential clone makers while noting the impact on his company’s intellectual property.
MENTIONED IN THIS ARTICLE
Washington
Microsoft
Bill Gates
Melinda
Gates
Steven Kaney
Brendan Sullivan
AOL Time Warner
Sun
Gateway
Novell
Oracle
Kaney
Justice Department
Kansas
Time and costs influence hiring lawn care pros in Lawrence
Lawrence residents weigh DIY versus professional lawn care as spring arrives. Charneil Swenson favors hiring pros for knowledge and shady areas, while Roy Latham notes many save by doing it themselves. Costs vary from seeds and fertilizer to a possible $60 in supplies versus hundreds for services, plus gear and time. Experts say timing and lawn size drive pricing, with professionals offering guaranteed ongoing service.
MENTIONED IN THIS ARTICLE
Lawrence
Swenson
Mass
Roy Latham
Westlake Ace Hardware
Latham
Brad Baker
Total Lawn Care
Kmart to Decide Fate of Lawrence Center as 284 Stores Close
Kmart confirms job cuts will occur at some of its 18 distribution centers but says specifics for the Lawrence center are not yet known. The company received bankruptcy court approval to shutter 284 stores nationwide, with closings expected in May and June. The Lawrence distribution center opened in 1971, employs about 430, and is among the area’s top employers. a nearby Lawrence store at 3106 Iowa remains open. Kansas will see two other closures in Topeka and Newton.
MENTIONED IN THIS ARTICLE
Kmart
Lawrence
Julie Fracker
Fracker
Iowa
Kansas
Topeka
Newton
Commodity price snapshot from regional elevators
Wheat and corn prices across Ottawa Elevators show $2.65 to $2.68 for wheat and $1.74 to $1.76 for corn. Milo ranges from $1.69 to $NA, soybeans steady around $4.44 to $4.47, with several elevators reporting NA for some grades.
MENTIONED IN THIS ARTICLE
Ottawa
Cooperative Assn
Milo
Edgerton
Overbrook
Midland Elevator
Lawrence North
Lawrence South
Livestock and commodity quotes from St Joseph and New York markets
Quotations show livestock and grain values with USDA loan deficiency payments for corn soybeans and milo. Estimated receipts 200 head. Slaughter steers and heifers mostly lower on light runs. Copper and nonferrous metals, gold and silver prices quoted in New York markets.
MENTIONED IN THIS ARTICLE
St. Joseph
St. Joseph, Mo
New York
London
N.Y
Also Mentioned on This Page
Auction House
Utilities Western
Yourmoney
Charneil Swenson
Baker
Richard Gwin
Journal World Photo
Karen Palermo Bledsoe
Oadband.com
D.com
QC Nean
Pauline
USDA
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