Wal-Mart trims August sales outlook in slow back to school period
Wal-Mart Stores Inc lowered its August sales forecast citing weak back-to-school demand and the impact of Hurricane Charley. Shares fell about 2 percent as the retailer now expects flat to up 2 percent versus last year, down from prior guidance of 2 to 4 percent.
MENTIONED IN THIS ARTICLE
Little Rock, Ark
Wal- Mart Stores Inc
Wal-Mart
Kurt Barnard
Dan Geary
Brandon
Fla
Florida
Labor unions rally against new overtime pay rules
Labor unions protest updated overtime rules saying they will trim eligible workers and raise employer costs. Labor Department officials led by Elaine Chao defend clarity and enforcement while lawmakers warn on middle class impact. Estimates on affected workers vary widely.
MENTIONED IN THIS ARTICLE
Labor Department
Elaine Chao
Tom Harkin
Iowa
Lawrencers see little impact from new overtime rules
Lawrence accountants say the new rules are unlikely to affect many workers and could allow some tax preparers to lose overtime pay, though firms may avoid cuts to attract staff. Debra Thompson of Lawrence Memorial Hospital cites no expected overtime loss for 1,100 employees, noting IT staff earning over 100,000 yearly could be at risk.
MENTIONED IN THIS ARTICLE
Renfro
Lawrence
Deborah Thompson
Lawrence Memorial Hospital
Thompson
Local market quotes and livestock prices across several elevators
Monday quotations show wheat at 3.22, corn 2.09, milo 1.94, soybeans 6.86 from Ottawa Edgerton and Lawrence South elevators with minor variations. Hog market notes higher barrows and gilts, lower Friday pork cutouts, and steady boars. Nonferrous metal prices include copper near 135.00 cents, lead 902 per ton, zinc around 48.8 cents, with gold at 410.60 per ounce and silver roughly 6.755 per ounce.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Lawrence South
Pauline
St. Joseph
St. Joseph, Mo
New York
London
U.S
N.Y
Handy & Harman
Kansan wine contest seeks to boost interest and local grape use
A Kansas contest aims to spur local wine interest and educate residents on issues surrounding the 2,4D spray affecting crops. Winery owner Les Meyer notes the event may not greatly lift sales, while Shipe emphasizes the industry's future hinges on resolving the chemical concern. Kansas produced 49,000 gallons of wine in 2003, under a 60 percent Kansas-grown grape rule.
MENTIONED IN THIS ARTICLE
Shipe
Kansas
Les Meyer
Holy Field Vineyard and Winery
Meyer
Missouri
Oil CO2 Injection Project Could Boost Kansas Oil Output
Murfin Drilling of Wichita operates a CO2 injection project to liberate trapped oil in porous rock. The team pumped over 730000 pounds of carbon dioxide into an injection well. one of two production wells has begun yielding oil. Experts estimate a potential $1 billion boost to Kansas' economy over the wells’ life. Tom Nichols of Murfin says the project is in early stages and on plan.
MENTIONED IN THIS ARTICLE
Kansas
Murfin Drilling
Wichita
Tom Nichols
Murfin
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