Lawrence Chamber backs voluntary living wage abatement plan
The Lawrence Chamber of Commerce endorsed a voluntary living wage concept tied to tax abatements. It urges rewriting the policy to reward firms paying at least 130 percent of the poverty level for a family of three with larger abatements, while stopping short of a mandate requiring living wages.
MENTIONED IN THIS ARTICLE
Lawrence
Lawrence Chamber of Commerce
Chamber
Lavern Squier
Squier
McDonald's Q2 Sales Rise but Profits Dip in Europe Asia
McDonald's Corp reports stronger U S sales in the second quarter driven by new salads and gains from established U S restaurants. However profits fall five percent due to weaker performance in Europe and Asia, delaying a hoped for turnaround.
MENTIONED IN THIS ARTICLE
McDonald's Corp
U.S
Europe
Asia
McDonald's
Fresno
Calif
Sprint PCS shares fall after earnings report
Sprint PCS shares slid up to 8 percent after a second quarter showing a narrower loss and higher revenue per unit, though rising subscriber costs raised concern. PCS settled down 36 cents to 6.26 while Sprint FON Group dropped about 8 percent to 14.85 amid lower earnings and revenue in June quarter.
MENTIONED IN THIS ARTICLE
Sprint Pcs
Overland Park
Williams settles charges over fake data to manipulate gas prices
The Commodity Futures Trading Commission announced Williams Cas Inc will pay 20 million dollars to settle charges of attempting to manipulate natural gas prices by providing bogus data to index publishers. The settlement covers trading from January 2000 through June 2002. Williams is Tulsa based with pipeline operations in the Lawrence area.
MENTIONED IN THIS ARTICLE
Commodity Futures Trading Commission
Williams Cas, Inc
Williams
Tulsa
Lawrence
Pier 1 lowers forecast on softer same-store sales
Pier 1 Imports Inc. cut its fiscal second-quarter earnings target to 20 to 23 cents a share due to weaker than expected same-store sales. The Fort Worth based retailer, which operates a Lawrence store, expects the quarter ending Aug. 30 to show a 3 to 5 percent decline in same-store sales and will report results on Sept. 16.
MENTIONED IN THIS ARTICLE
Pier 1 Imports Inc
Fort Worth
Lawrence
Pentagon halts plan for death futures market
The Pentagon scrapped the internet futures market proposed by DARPA that would let traders predict events in the Middle East including assassinations and terror acts. Critics labeled it a plan to trade in death. lawmakers demanded accountability and the program was shut down after hearings.
MENTIONED IN THIS ARTICLE
Pentagon
Washington
Middle East
Capitol Hill
Byron Dorgan
D-N.d
Defense
Paul Wolfowitz
Dorgan
Ron Wyden
Dore
Defense Advanced Research Projects Agency
Yasser Arafat
Israel
DARPA
Tom Daschle
South Dakota
Senate
Bill Frist
Tennessee
Appropriations Committee
Ted Stevens
Alaska
Armed Services
John Warner
United States
Frist
Warner
Wolfowitz
D-Nd
D-Ore
Wyden
Confidence Dips Unexpectedly as Unemployment Rises
The Consumer Confidence Index fell to 76.6 in July from 83.5 in June, the steepest drop since February, amid rising unemployment. Dow, Nasdaq, and S&P 500 fell as investors weigh a slower recovery, while economists caution against cutting spending without clearer job-market signs.
MENTIONED IN THIS ARTICLE
New York
U.S
Iraq
Lynn Franco
Conference Board
Standard & Poor
Merce Department
Employers announce smallest pay raises in decades
U S employers plan raises of about 3.3 to 3.5 percent this year and next, the Mercer and Conference Board surveys show. The belt tightening comes from rising health care and pension costs and a weak economy, with real gains under 1 percent.
MENTIONED IN THIS ARTICLE
New York
U.S
Mercer Human Resources Consulting
Mercer
Conference Board
Also Mentioned on This Page
Lawrence Organization
Clawhorn
Jworld.com
Telecommunications
Natural Gas
Home Furnishings
Barbara Boxer
D-Calif
Boxer
Poliades
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