Amtrak funding hopes rise as budget gap narrows
Transportation Secretary Norman Mineta said a solution to Amtrak's $200 million deficit is very close and could come today, warning the system faces shutdown without new funds. Senate Democrats urged $205 million in a spending bill as Mineta met labor unions to discuss keeping passenger rail running, especially in northeastern cities like Philadelphia.
MENTIONED IN THIS ARTICLE
Amtrak
Transportation
Norman Y. Mineta
Mineta
Senate Democrats
Bush
Philadelphia
Consumer Confidence Falls to Four Month Low
The Conference Board said its Consumer Confidence Index dropped to 106.4 in June from 110.3 in May, reflecting worries over job prospects and accounting scandals. The index, based on about 5,000 U.S. households, remains a key gauge of consumer spending since it underpins roughly two thirds of economic activity.
MENTIONED IN THIS ARTICLE
Conference Board
Industry Group
U.S
Leadership Lawrence seeks new program members
The Lawrence Chamber of Commerce calls Lawrence residents to join its annual Leadership Lawrence program. Applications are available at the chamber office, 734 Vt., or online at www.lawrencechamber.com. Deadlines are Aug. 6, with more information from Nancy Longhurst at 842-1202.
MENTIONED IN THIS ARTICLE
Chamber OF Commerce
Lawrence
Lawrence Chamber of Commerce
Chamber
Lawrencechamber.com
Nancy Longhurst
Freightquote strikes exclusive shipping deal with eBay
Freightquote.com of Lenexa has signed a two year exclusive freight transportation agreement with online auction site eBay. The Kansas firm will operate a Freight Resource Center enabling buyers to estimate shipping costs for large items and manage shipments not handled by UPS or USPS as eBay grows toward about 13 billion dollars in auctions in 2002.
MENTIONED IN THIS ARTICLE
Freightquote.com
eBay
Freightquote
Lenexa
United Parcel Service
U.S. Postal Service
Wall Street Earnings of Local Interest
Kroger reported first quarter earnings of 45 cents per share up from 36 cents a year earlier. Walgreen Co. with two Lawrence locations posted 25 cents per share versus 21 cents. FedEx rose to 78 cents per share from 38 cents year ago.
MENTIONED IN THIS ARTICLE
Kroger
Dillons Grocery Stores
Walgreen Co
Lawrence
FedEx
Kansas unemployment dips to 4.1 percent in May
Kansas unemployment fell to 4.1 percent in May from 4.3 percent in April as seasonal hiring boosted nonfarm employment to 1,374,800, with gains across trade construction and government sectors. State officials note May trends, caution June may rise with summer job market, while fiscal 2002 revenue shortfall persists.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
Department of Human Resources
Bill Layes
Layes
Duane Goossen
Goossen
Unemployment Rates by County May 2002 and 2001
Douglas shows 3.9 versus 4.1 in May 2001 with surrounding counties Franklin 5.2 and 4.2, Jefferson 3.4 and 3.7, Johnson 3.7 and 3.2, Shawnee 3.3 and 3.5, Osage 3.4 and 3.8.
MENTIONED IN THIS ARTICLE
Douglas
Franklin
Jefferson
Johnson
Shawnee
Osage
Lawrence builders slow start shows 2002 dip
Lawrence construction begins year with 42.89 million in five months, down from 72.22 million in 2001, but May totals rise to 12.62 million, the year’s peak so far. Decline tied to weaker single family and duplex housing amid softer regional economy and layoffs.
MENTIONED IN THIS ARTICLE
Lawrence
Lawrence Builders
Orcs
Stewart
Terrawest Construction Co
Lawrence-area
Harris Construction
West 11Th Street
Public Radio
KANU
Kappa Kappa Gamma Sorority
Gower Place
Hardee's
23Rd
Iowa Streets
Sheridan’s
Wood Oil Co
Second St
Brandonwood Drive
Boeing chief says priority is customers in talks with machinists
Boeing Commercial Airplane Group President Alan Mulally told reporters in Wichita that restoring industry profitability, boosting efficiency and safety are the main goals of contract talks with the International Association of Machinists and Aerospace Workers. The current master contract covers 26,100 workers in Washington, Kansas and Oregon and expires September 1.
MENTIONED IN THIS ARTICLE
Boeing Co
Boeing
Mulally
Kansas University
Lawrence
International Association of Machinists and Aerospace Workers
Dick Schneider
Washington
Kansas
Oregon
Schneider
Fed Likely Holds Rates Through Summer Amid Tepid Recovery
Economists expect the Federal Reserve to keep short term rates at 40 year lows through the summer as the economy shows limited momentum. Chairman Greenspan and the FOMC begin a two day meeting amid cautious optimism and inflation that remains well behaved. Analysts say the Fed has room to stay on hold given the slow recovery and low inflation.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan
Greenspan
Federal Open Market Committee
U.S
Lynn Reaser
Fed
Stuart Hoffman
PNC Financial Services Group
Also Mentioned on This Page
Wall Street
Via
Mike Yoder
Journal-World Photo
Sheridan
Hardee
Chad Lawhorn
H.R
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