Greenspan says Social Security cuts politically unthinkable
Federal Reserve Chairman Alan Greenspan told a retirement conference that no viable political scenario exists to cut Social Security benefits if the trust funds are exhausted. He noted current law requires benefits to be financed from current receipts once the trust fund is depleted, but he doubts full payments could ever be halted.
MENTIONED IN THIS ARTICLE
Federal Reserve
Alan Greenspan
Congress
Greenspan
Social Security Commission
Gregg Tire opens first expansion outside Lawrence and Topeka
Gregg Tire Co opens a new store in Kansas City Kansas at 7908 State Avenue as a Goodyear Gemini Auto Care Center. Rob Gregg says the shop marks the companys first expansion beyond Lawrence and Topeka. Existing Lawrence centers are 4661 W Sixth St and 1226 E 23rd St, with two Topeka shops.
MENTIONED IN THIS ARTICLE
Gregg Tire Co
Kansas City
Kan
Lawrence
Topeka
State Avenue
Goodyear/Gemini
Rob Gregg
State Tire and Automotive Services
Gregg Tire
Sixth St
E. 23Rd St
Economy grows as consumer spending fuels fourth quarter
The U S economy expanded in the fourth quarter at 1.4 percent annualized, led by a sharp rise in consumer purchases of cars and big-ticket items. Analysts say the recession that began in March may be over and the downturn could be the mildest on record.
MENTIONED IN THIS ARTICLE
U.S
United States
IRS audit rate rises as filings approach deadline
The IRS reports its audit rate stopped falling with about one in 173 returns audited in the 2001 group. More than half of audited returns in 2001 involved lower income filers claiming the earned income tax credit. A separate study notes up to 10 billion in 1999 EITC claims might be improper. About 38.9 million returns were received through last Friday as April 15 nears, with most audits by mail and 202,500 requiring agent contact.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
The 99 cent burger wars keep rolling across chains
The prices stay at or below one dollar as Wendy's McDonald's and Burger King keep permanent 99 cent menus. Taco Bell sparked the trend, but the big three now battle to balance low price with profits. Hospitality expert Christopher Muller notes they are not losing money at 99 cents but earnings are below ideal.
MENTIONED IN THIS ARTICLE
America
McDonald’s
Burger King
Wendy’s Super Value
Taco Bell
Wendy’s
Brandweek
Christopher C. Muller
University of Central Florida
Rosen School of Hospitality Management
Betty Crocker Catalog Adds Trendy Kitchen Gear
Betty Crocker unveils modern cookware and brands like Oxo and KitchenAid in the catalog to revive dwindling participation in the Betty Crocker Catalog Points program. The loyalty system dates to 1931 and now links to more than 200 General Mills products with rewards from 5.25 to 229.95 plus points, targeting women 24 to 49 but appealing to 45 plus.
MENTIONED IN THIS ARTICLE
Golden Valley
Minn
Betty Crocker
Oneida
Oxo
KitchenAid
General Mills Corp
General Mills
Lincoln Davis
Betty
Davis
Ron Kivetz
Columbia Business School
Betty Crocker Catalog Points program history summary
The Betty Crocker Catalog Points program began in 1931 with a Wm. Rogers & Son silver-plated teaspoon in Gold Medal flour and Wheaties boxes. By 1932 it expanded to a full flatware set, with over 12 million orders placed since. Oneida Silversmiths took over flatware production in 1936, and the program has become a major seller of Oneida Community flatware and Fieste dinnerware, with more than 150 million Oneida spoons sold.
MENTIONED IN THIS ARTICLE
Wheaties
General Mills
Betty Crocker
Rogers & Son
Oneida Silversmiths
Oneida
Furnishings designer grows interior business in Lawrence
J-W Staff Reports profile of Furnishings at 1601 W 23rd St Suite 107 in Lawrence. Owner Barb Heck runs a five employee operation offering furniture home accessories lamps pictures mirrors florals and interior design and reupholstery. Heck has over 25 years in Lawrence and aims to expand product lines and service area in five years. Stitch On, opened in 1976, remains on Mass Street and signals Hecks broader entrepreneurial reach.
MENTIONED IN THIS ARTICLE
W. 23Rd St
Barb Heck
Heck
Lawrence Area
Nishings
Furnishings
Stitch
Lawrence
Mass
Grain price quotes from area elevators on Thursday
Ottawa Cooperative Assn Ottawa Elevator Wheat 2.60 corn 1.80 milo 1.78 soybeans 4.08 Edgerton Elevator Wheat 2.63 corn 1.82 milo 1.78 soybeans 4.08 Overbrook Elevator Wheat 2.63 corn 1.80 milo 1.78 soybeans 4.08 Midland Elevator Wheat NA corn 1.82 milo NA soybeans 4.10 Lawrence North Elevator Wheat NA corn 1.85 milo NA soybeans 4.13 Lawrence South Elevator Wheat 2.63 corn
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Lawrence South
Market and commodity quotes and livestock prices report
A digest of commodity prices including corn at 1.83 and 1.85, soybeans at 4.13, milo at 1.82, and wheat at 4.10 in Pauline elevators. Nonferrous metals show copper at 75.0 cents, aluminum 62.4 cents, lead 29-31 cents, zinc 40.52-41.02 cents, with gold and silver quoted. St Joseph livestock reports Thursday hog receipts about 150, with barrows and gilts selling steady and cattle terms noted as scarce.
MENTIONED IN THIS ARTICLE
Nonferrous Metals
New York
London
U.S
N.Y
Handy & Harman
St. Joseph
St. Joseph, Mo
Also Mentioned on This Page
KCK
Bettycrocker.com
J-W
Chad Lawhorn
Clawhorn
Jworld.com
Pauline Elevator
USDA