IMF provides 30 billion loan package to Brazil
The IMF announced an additional 30 billion dollars in loans to Brazil after high level talks with Brazil’s government. Horst Koehler and Paul O Neill spoke amid regional crisis talks as O Neill visited Argentina urging possible bailouts while protests and unemployment rose in Buenos Aires as crowds queued outside a church for Saint Cayetano.
MENTIONED IN THIS ARTICLE
International Monetary Fund
South America
Brazil
IMF
Horst Koehler
Treasury
Paul O'Neill
O'Neill
Argentina
Buenos Aires
Labor
St. Cayetano
Health Midwest board weighs sale of Kansas City hospitals
Health Midwest, operator of 13 hospitals in the Kansas City metro area, stated it will consider selling the nonprofit. President Richard Brown said unsolicited inquiries have been received and the board will request formal proposals, a process expected to take several months. The firm operates doctors in Lawrence and the nearest hospital is Overland Park Regional Medical Center.
MENTIONED IN THIS ARTICLE
Health Midwest
Kansas City
Richard Brown
Lawrence
Overland Park Regional Medical Center
Dow posts another gain on Wall Street
A surge in buying lifted the Dow Jones industrials for a second straight triple-digit gain, rising 182.06 points to 8,456.15 as big investors bet on stocks. Strong earnings and expectations of a Fed rate cut next week helped fuel the late-day rally after a choppy session.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
Federal Reserve
Sprint executives certify Sprint finances in SEC filings
Overland Park based Sprint's top leaders William Esrey and Robert Dellinger signed sworn statements with the SEC affirming the accuracy of the company's financial statements. The certifications cover all Sprint financials from 2001 through the first two quarters of 2002.
MENTIONED IN THIS ARTICLE
Overland Park
ImClone Chief Waksal Indicted in Insider Trading Case
ImClone CEO Samuel Waksal faces a federal indictment on bank fraud perjury and obstruction of justice after failed plea talks. Investigators say he advised his daughter and father to sell after learning FDA rejection. Martha Stewart’s involvement is questioned amid differing accounts of a standing stock order.
MENTIONED IN THIS ARTICLE
New York
ImClone
Samuel Waksal
Martha Stewart
Michael Schachter
Waksal
Stewart
Aliza
Jack
Food and Drug Administration
Merrill Lynch
Peter Bacanovic
Meadowbrook expansion adds 130 apartments in Lawrence
Meadowbrook Apartments plans 130 new units on about 8 acres at the northwest corner of 15th Street and Crestline Drive including a clubhouse and pool. Completion is slated for fall 2003. The project would push Lawrence’s 2002 apartment starts above 400 units.
MENTIONED IN THIS ARTICLE
Lawrence
Meadowbrook
15Th Street
Crestline Drive
Don Cole
Cole
Lawrence-Douglas County
24Th Street
Inverness Drive
Canyon Court
Sixth Street
Comet Lane
Antioch Place
Westdale Road
Jo Barnes
Goodyear Topeka plant to receive five year upgrade
Goodyear plans a five year 100 million upgrade of its Topeka plant to produce a new line of mining tires and safeguard current jobs. The move follows nearby Target’s 80 million distribution center project in south Topeka and reflects a recovering local economy. Union locals approved contract changes enabling the expansion.
MENTIONED IN THIS ARTICLE
Topeka
Goodyear Tire and Rubber Co
Kansas
Doug Kinsinger
Greater
Target Corp
South Topeka
Goodyear
Akron
Ohio
Shawnee County
John Loulan
United Steelworkers of America
Dale Strathman
Earth Mover
Randy Barth
Aquila seeks buyer for Midlands stake in Avon Energy Partners
Aquila Inc announced plans to sell its 79.9 percent stake in Avon Energy Partners, the Midlands Electricity holding company, as part of a planned $1 billion asset selloff to boost its credit rating. CEO Robert Green said serious inquiries prompted a bidding process, with bids due by October and a decision by mid October.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Aquila Inc
Aquila
Avon Energy Partners
Midlands Electricity
Robert Green
Midlands
Also Mentioned on This Page
Kansas City Health Midwest Board
Wall Street
Telecommunications Sprint
Melissa Lacey
Journal-World Photo
Bill and
Clawhorn
Ljworld.com
Barnes
Tim Keller
Keller
Chad Lawhorn
Company
Avon Energy
FirstEnergy Corp
Phil DE Cube
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