Lawyer for Kenneth Lay denies Enron indictment rumors
Michael Ramsey, Kenneth Lay's attorney, says his client will never be indicted in the Enron collapse. He notes he asked prosecutors for an update after weekend reports claimed an imminent indictment and hopes to meet with officials soon. Justice officials did not comment.
MENTIONED IN THIS ARTICLE
Enron Corp
Kenneth Lay
Ken Lay
Michael Ramsey
Ramsey
Justice Department
Wachovia to buy SouthTrust for 14B to create Southeast giant
Wachovia Corp will acquire SouthTrust Corp in a 14.3 billion deal to form the largest bank in the Southeast with about 464 billion dollars in assets and 76 billion dollars market value. The merger would end the SouthTrust name, add 130 to 150 branches, and close in Q4.
MENTIONED IN THIS ARTICLE
Wachovia Corp
SouthTrust Corp
Southeast
Wachovia
Texas
SouthTrust
Houston
San Antonio
Thompson
Mutual Fund Firm Settles Market Timing Allegations
Pilgrim Baxter & Associates agreed to return 40 million to investors and pay 50 million in penalties after improper trading allegations. Regulators say the mutual fund firm allowed certain clients to market time despite policies against it, constituting fraud by enabling short-term traders while discouraging the practice.
MENTIONED IN THIS ARTICLE
Pilgrim Baxter & Associates
Gasoline prices fall for fourth straight week
The average retail price for regular unleaded dropped to 1.937 dollars per gallon, down 4.8 cents in the week. Midwest declines led the slide while West Coast prices remained highest at 2.20 dollars per gallon. AAA cites Lawrence at 1.86, gaining from last month but above a year ago.
MENTIONED IN THIS ARTICLE
Energy Department
Energy Information Administration
Midwest
West Coast
AAA
Lawrence
Golf group keeps report on Lawrence move secret
The Golf Course Superintendents Association of America has withheld a study on relocating its Lawrence headquarters since 2002. CEO Steve Mona said the board received the report from a 1-member group and will not release conclusions until after a July or August meeting, with a two-thirds membership vote required for any move at the 2006 annual meeting.
MENTIONED IN THIS ARTICLE
Golf Course Superintendents Association of America
Lawrence
Steve Mona
Association
Mona
Borders revives urban core with new stores in three cities
Borders Group Inc opens urban stores in Chicago San Francisco and Detroit aiming to spark redevelopment. Detroit site on Compuware ground floor amid shuttered shops. executives note urban outlets boost profits though sales figures are not disclosed. Clips from developers and customers highlight downtown bookstore buzz.
MENTIONED IN THIS ARTICLE
Detroit
Borders Group Inc
Chicago
San Francisco
Compuware Corp
New World
Borders
Ann Arbor
Alex Lelli
Lelli
Hard Rock
Compuware
Roslyn Smith
Paul Czarnick
Stephen Roulac
Kansas KCC Commissioner John Wine likely not reappointed
Kansas Corporation Commissioner John Wine said he probably won't be reappointed to the Kansas Corporation Commission. His term ended March 15 and Gov. Kathleen Sebelius has yet to name a replacement, with several candidates mentioned such as Glenda Cafer Donald Schnacke and Kerry Patrick.
MENTIONED IN THIS ARTICLE
Topeka
Kansas Corporation
John Wine
Wine
Kansas
Kathleen Sebelius
KCC
Senate
Sebelius
Nicole Corcoran
Corcoran
Glenda Cafer
Donald Schnacke
Kerry Patrick
Cafer
SBC Communications
Schnacke
Kansas Independent Oil and Gas Assny
Patrick
Johnson County
Carl Holmes
Liberal
Daily grain and metal markets update from Ottawa area desks
Local elevators report wheat at 3.54, corn 2.50, milo 2.35, soybeans 8.83 or 8.88 depending on depot. CBOT soybeans rise to 8.88 and wheat at 3.54 1/4. July corn flat at 2.74 1/2, oats up to 1.43 1/4. CME metals show aluminum 78.1 cents, zinc 48.79, gold 394.00, silver 5858, platinum 815.00 per unit.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland Elevator
Lawrence North
Lawrence South
Chicago Board of Trade
New York
London
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Mutual Fluinds Firm
Mum On
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Srothschild
Ljworld.com
Ras
Wioald
Pauline
Chicago Mercantile Exchange