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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 12, 2022
Page
8
The Labor Department reports December inflation at the consumer level shows higher costs for Americans. The CPI rose 6.8 percent in November from a year earlier, the fastest pace in 39 years, with economists forecasting a 7.1 percent rise over the 12 months ending December.
Wall Street expects KB Home to report fiscal fourth quarter earnings and revenue higher than a year earlier. Analysts anticipate the homebuilder will show another solid quarter, echoing the strength seen in its prior three quarterly results.
Douglas County considers extending a public health order with several exceptions including medical conditions religious services and seated dining. The commission also weighs Hamm Quarry expansion at 1232 East 2300 Road and revised project plans. A Northeastern University contract amendment raises the study budget to 252 500. The meeting starts 5 30 p m at the courthouse with options to attend remotely. Stocks end losses as bond market calm returns with Illumina and Aptiv moves.
U S crude oil gains lift energy shares while Phillips 66 and Pacific Biosciences move. Phillips 66 closes near 86 as market cap remains at 1.4 billion with a 7.2 price earnings ratio. Pacific Biosciences slips after a weak revenue update. A burger chain reports a solid fourth quarter, boosting investor sentiment.
In Wichita the district faces a dispute over directives and policies with new board members, while a meeting with Superintendent Alicia Thompson and the board clerk is rescheduled. Bond and others did not comment as the district serves about 47,000 students.
The Wichita board voted in August to require masks for anyone inside district buildings. Incumbent Julie Hedrick won reelection, defeating Brent Davis, while Albert Bond and Stabler fell short of a conservative majority. President Stan Reeser urged compliance and warned of a potential quorum to run district business.
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