Utilities eye information highway expansion into telecommunications
Western Resources and other electric utilities push to join the information highway with fiber optic networks to offer cable TV, data links, and perhaps telephone service. Industry leaders say existing rights of way and grids ease entry, while concerns focus on potential electricity-rate impacts if ventures fail and require ratepayer bailouts.
MENTIONED IN THIS ARTICLE
America
al Gore
Congress
John E. Hayes Jr
Western Resources
Kansas
Oklahoma
KPL
Lawrence
Electric Power Research Institute
Marina Mann
EPRI
David Ratcliff
Mississippi Power Co
Mississippi Power
Southern Company
Southern
Martha Hagerty
National Association of Utility Consumer Advocates
May Consumer Prices Edge Up 0.2 Percent
Consumer prices rose 0.2 percent in May as gasoline and airline fares fell, offsetting higher food costs. Energy dropped 1 percent led by a 1.8 percent fall in gasoline. food costs rose 0.3 percent. Retail sales slid 0.2 percent as auto sales declined, signaling slowdown and likely Fed restraint for months. The year’s inflation pace stands at about 2.3 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Commerce Department
Federal Reserve
Fed
Central Bank
Cynthia Latta
Dri-Mcgraw Hill Inc
Treasury
Treasury Department
Local Stocks And Market Update Tease
Local stocks note urges readers to call 865 5000 for quotes and mentions a market wrapup to appear in Saturday's Journal World with a stock market update number 6730.
MENTIONED IN THIS ARTICLE
Journal-World
Midland and Omaha Market Quotations and Metal Prices
Midland elevator prices show Wheat 3.43, corn 2.70, milo 4.33, soybeans 6.86. Omaha Livestock Market quotes hogs 44.00-45.00 for 220-260 lb, sows 32.00-35.00, cattle steady with steers 62.00-64.00, heifers 64.00-64.50. St Joseph reports hogs 43.50-44.00, cattle 32.00-34.00. metals listed include copper 1.14 and 11140 per Ib, tin 3.78-3.80, gold 383.30-383.80, silver 5.37-5.40, platinum around 398-399. Also Dodge City reports quiet trade on slaughter steers and 300 head week-to-date.
MENTIONED IN THIS ARTICLE
Omaha
Neb
USDA
U.S
St. Joseph
St. Jose
London
Comex
Handy & Harman
New York
N.Y
Dodge City
City
Kansas
Commerce Bank plans third supermarket based branch in Lawrence
Commerce Bank of Lawrence plans to open its third supermarket based branch in a 63,000 square foot Hy-Vee led store at Clinton Parkway and Kasold Drive this fall. The bank has filed with the Kansas Banking Department, awaiting a July 18 vote, and already operates at Dillon's locations. Target also plans a branch in a new 165,200 square foot store at 33rd and Iowa by October 1995, as supermarket banks gain traction for lower costs and higher traffic.
MENTIONED IN THIS ARTICLE
Commerce Bank of
Lawrence
Hy-Vee Stores Inc
Commerce Bank
Kansas Banking Department
Clinton Parkway
Kasold Drive
Hy-Vee
Jerry Lamp
Commerce
Iowa
Dillon’s
State Banking Commission
Banking Department
Target Stores Inc
33Rd
Target
West Coats
Lawrence Chamber Mixes Plan Jayhawk Partners Mixer
The Lawrence Chamber of Commerce and Kansas University Athletic Department launch the Jayhawk Business Partners program with a Wednesday mixer from 5 to 7 PM at the expanded athletic complex west of Allen Field House. Reservations at 865 4411. The event includes prizes such as football tickets to boost community enthusiasm for EU football.
MENTIONED IN THIS ARTICLE
Lawrence Chamber of Commerce
Kansas University Athletic Department
Jayhawk Business Partners
Allen Fieldhouse
Chamber
European firms buy stake in Sprint
Berlin AP France and Germany state run teleco firms France Telecom and Deutsche Telekom will acquire 20 percent of Sprint Corp for 4.2 billion dollars. The three partners aim to build a global telecom network by linking their international networks and offering voice data and image services to multinational clients and residential customers. Regulators in the three countries must approve the deal before it proceeds.
MENTIONED IN THIS ARTICLE
Berlin
France
Germany
Sprint Corp
U.S
Deutsche Telekom
France Telecom
Sprint
Kansas City
At&t Corp
MCI Communications Corp
Asia
Feaner
Ben & Jerry's co-founder quits CEO post with playful search
Waterbury Vermont AP Ben Cohen steps down as chief executive of Ben & Jerry's citing need for more experienced leadership. A quirky recruitment campaign follows offering the top prize of becoming CEO with 100 runners up receiving T shirts and 100 entrants winning Ice Cream For Life Club access. Cohen will remain chairman focusing on product development and promotion.
MENTIONED IN THIS ARTICLE
Waterbury, VT
Ben & Jerry’s
Ben Cohen
Cohen
Ben & Jerry
U.S
Jerry Greenfield
Uncle Sam
Ice Cream For Life Club
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FMC Fore
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Goodyear
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N.A
Canada
Great Britain
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Japan
Mexico
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House of Representatives
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Metropolitan Life Insurance Co
Travelers Inc
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