Beige Book finds pockets of weakness amid growth surge
The Federal Reserve says the economy is expanding at a moderate pace after a 5.8 percent first quarter surge, with all 12 districts growing in May and June. It notes skilled labor shortages in high‑tech, construction, and energy, and near 4.8 percent unemployment in May while policy makers consider holding rates steady.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Lynn Reaser
Barnett Banks Inc
Jacksonville
Fla
Atlanta
Chicago
Dallas
Kansas City
Minneapolis
San Francisco
Job fair showcases 31 area businesses
Lawrence hosts Employment Marketplace 97 a community job fair from 10 a.m. to 3 p.m. Saturday at Riverfront Outlets. Thirty-one area businesses and organizations will exhibit with some offering immediate openings and application forms. Admission is free. Sponsors include the Lawrence Chamber of Commerce, Lawrence Journal-World, and SHRM Lawrence chapter.
MENTIONED IN THIS ARTICLE
Lawrence Riverfront
Chamber of Commerce
Gary Toebben
The
Lawrence Chamber of Com
Merce
Lawrence Journal- World
Lawrence
Society For Human Resource Managers
Lawrence Plumbers and Pipefitters
Century Personnel
Lawrence Technology
Lawrence Paper Co
National Computer Systems
BPI Building Services
Buckingham Palace
Kinedyne
Federal Credit Union
Hallmark Cards
Kmart
Perkins Restaurant
McDonald’s Restaurants
Manpower
Sallie Mae
Kelly Services
Garage Door Group
Mercantile Bank
Heartland Works
FCC maintains stance on phone rule changes in 1990s case
The FCC rejected requests from SBC Communications and GTE Service to suspend its May plan to restructure local and long-distance access payments totaling 23 billion dollars. SBC plans to seek a federal court stay in St Louis, while GTE considers options. The rule would cut the average long-distance bill by about 8 to 10 percent, with local companies warning of higher local rates or reduced investment to offset revenue loss.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
SBC Communications Inc
GTE Service Corp
SBC
FCC
St. Louis
GTE
Briana Gowing
Western Resources extends ADT offer amid bid talks
Western Resources Inc extends its exchange offer for ADT Ltd to July 8 as it contends with a hostile bid. Western, ADT’s largest stockholder, has filed 1.36 million shares and faces ADT's planned Tyco acquisition at 5.6 billion dollars, while proposing a 22.50 per share cash and stock deal.
MENTIONED IN THIS ARTICLE
Western Resources Inc
ADT Ltd
Western
ADT
Tyco
H&R Block profits rise in fourth quarter
H R Block Inc reports a 7 percent quarterly profit gain to 199.4 million dollars or 1.90 a share for the quarter ended April 30, while full year earnings slump 73 percent due to a 186.5 million dollar loss at its CompuServe online unit. Revenue climbs 17 percent to 1.1 billion dollars.
MENTIONED IN THIS ARTICLE
Kansas City
Payless Cashways Inc
Payless
H&r Block Inc
CompuServe Online
Block
Feeder cattle receipts and price ranges at St Jesper Mo
Local markets at St Jesper Missouri report feeder cattle receipts with mixed changes from last Wednesday. Feeder steers in multiple weight brackets show prices from roughly 76 to 93 per hundredweight, including large and medium lots. Holsteins and lighter weights also cited with corresponding ranges.
MENTIONED IN THIS ARTICLE
St. Jesper
Commodity price roundup and metal spot quotes
The report lists live livestock and commodity prices, including hogs at various weights, sows, and barrows with per hundredweight ranges. It also provides nonferrous metal quotes such as copper lead zinc tin and precious metals with spot prices from London and New York markets.
MENTIONED IN THIS ARTICLE
London
Feta
Bach
Wed
N.Y
Handy & Harman
Also Mentioned on This Page
Invent
Iin
gToerth
Associated Press
Sonic
Mike Yoder
Journal-Work
Adam Byers
Flight Ware Ltd
Lee’s Summit
Western Resources
North America
Britain
United States
H&r Block
Dogbert
Omaha Livestock
St. Joseph Livestock
Journal -World Business News Desk
Ljworld.com
Vincent
the Malls Shopping Center
23Rd Street
Ars
Tard
Sunflower Cablevision
New Hampshire
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