Sprint Nex Tel spin off to form Embarq unit in Kansas
Kansas regulators will drop plans to block Sprint Nextel Corp. from spinning off its local division into Embarq. The move requires regulator approval in 14 of 18 states. Separately, January spending rose 0.9 percent while construction grew 0.2 percent. An Interior Dept official says oil and gas royalties were improperly avoided on Gulf leases due to a dropped threshold clause affecting over 1,100 leases.
MENTIONED IN THIS ARTICLE
Kansas
Sprint Nextel Corp
Sprint Nextel
Embarq
Interior Department
Darrell Issa
R-Calif
Congress
Gulf of Mexico
Walter Cruickshank
The
Minerals Management Service
Contact information for Mark Fagan journalist
Contact as Mark Fagan, business editor. Phone 832-7188. Email mfagan at ljworld.com for business desk inquiries.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld
Ljworld.com
Economic Development Board backs property tax plan
Lawrence and Douglas County advisory board backs using property taxes to raise about 20 million for business parks and open space over the next decade. They favor a 42 dollar yearly rise for a 200k home or a ¼ cent sales tax as alternative funding, urging commissioners to act. A joint study session is set for March 15 at the Douglas County Courthouse.
MENTIONED IN THIS ARTICLE
Lawrence
Douglas County
Charles
Lawrence Municipal
Boog Highberger
Highberger
Lavern Squier
Lawrence software firm Assurity sold to Trintech group
Lawrence based Assurity Technologies Inc. sold to Ireland based Trintech Group for up to 5 million in a cash and earn out deal. Assurity's AssureNET reconciles ledgers to meet Sarbanes Oxley standards for US and foreign companies. Founders Heather and Andrew Lynds say the firm will stay downtown Lawrence and expand sales.
MENTIONED IN THIS ARTICLE
Trintech Group
Assurity Technologies Inc
Eighth St
Assurity
Assurenet
United States
Heather
Andrew Lynds
Sabre Holdings
Travelocity
Reuters News Agency
Enterprise Products Partners LP
Trintech
Heather Lynds
Lawrence
Mike Yoder
Journal-World Photo Trintech Group
Dan Millburn
Dustin Stejskal
Shane Petty
W. Eighth St
Penalties for late filing push many to file taxes
A tax practitioner from Winter Haven explains people avoid filing due to debt, but penalties for late filing can raise the bill by 25 percent or more. She advises contacting an enrolled agent for help, exploring installment plans, offers to compromise, and emphasizes that filing is better than risking loss of home or jail.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Lynn Schmidt
Winter Haven
Fla
IRS
National Association of Enrolled Agents
Naea.org
Commodities Mixed as Futures Dip While Pork Hogs Edge Higher
Chicago Board of Trade soybeans and most grains slipped on Wednesday with May wheat at 3.74, May corn 2.34 3/4, and May soybeans 5.91. Pork futures rose on the CME as cattle and hogs posted slight moves and wholesale local elevator prices for wheat and soybeans stood around four dollars and five twenty per bushel.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
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Commerce Department
U.S
At&t Inc
AmVngrds
ASD
AmSouth
ASO
Ooohan
Boeing
CSCO
E Citigro
Cocacl
ColgPal
Gannett
Gay
Garmin
Ial
Genentch
Genelec
Goodyear InEn
HCA Inc
Heinz Harley
Hercules
IBM
Kroger
Lucent
Microsoft
Oreilly' S
ORLY
Offept
Paul Shoe
Penney
JCP
PGL
Pepsico
PEP
Pfizer
PFE
SprintNex
VerizonCm
WalMart
WMT
LIAS
Wal
Wel Freo
WEC
Dilbert
DES Lgniat
By Mark Fagan
Minfagan
Ijworld.com
Sarbanes-Oxley
Lyndses
Ethan
Uncle Sam
Michelle Singletary Singletarym
Washpost.com
Lawrence South
Pauline
Goldann
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