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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 03, 2004

Page

15

Wal-Mart expansion rumors surface in Lawrence area

Wal-Mart weighs a Lawrence expansion while Schnaer eyes the vacant Payless Cashways building south of Crown Automotive on South Iowa Street. The 73,500 square foot site on about 11 acres could host a new auto dealership as Wal-Mart plans to add about 220 Supercenters nationwide in 2004. Local planner Bryan Dyer notes possible rezoning may be required.

Schnaer Payless Cashways Crown Automotive Payless Iowa Street Wal-Mart Wal- Mart Morris Lawrence Bryan Dyer Lawrence-Douglas County

Jury weighs Stewart insider trading fate in ImClone case

Jurors near verdict on Martha Stewart and broker Douglas Bacanovic over $225,000 ImClone stock sale on December 27, 2001. Prosecutors call Stewart lied to investigators with a post hoc cover story, while Bacanovic’s attorney questions key witness credibility and motives.

Bacanovic ImClone Systems Stewart Michael Schachter Martha Stewart Schachter

Greenspan signals eventual rise in rates

Fed Chair Alan Greenspan indicated that extra-low short-term rates must eventually rise to a more neutral level, though he gave no timing. Economists expect a possible rate increase later this year or in 2005, with the next policy meeting likely to hold rates steady.

Washington Federal Reserve Alan Greenspan Fed Federal Funds Greenspan New York Federal Open Market Committee United States Wall Street Main Street Lynn Reaser Banc of America Capital Management

Boeing stays on track as 7E7 timing unfolds

Boeing senior official says 2004 division revenue around 20 billion, slightly below 2003, with 2005 near 20 billion. The 7E7, to seat 200 plus, remains on schedule to fly in 2008 and compete with Airbus A300 family while Boeing navigates an ethics probe into pricing information in a Air Force jet deal.

Boeing Airbus Air Force Phil Condit

Commodities slide on CBOT and mercantile prices

Soybeans led losses on the Chicago Board of Trade with May futures down 29 cents to 9.28½ a bushel while May wheat, corn, and oats also eased. Beef and pork futures showed mixed moves on the Chicago Mercantile Exchange as livestock quotes fell for live cattle and lean hogs but May pork bellies slipped. Local price boards across Ottawa and nearby elevators showed wheat around 3.53 and corn about 2.70 to 2.76, with soybeans near 9.09 to 9.14 a bushel and nonferrous metals trading in New York at daily spot quotes.

Chicago Board of Trade Chicago Mercantile Exchange Ottawa Cooperative Assn Ottawa Milo Edgerton Overbrook Midland Lawrence North Lawrence South Pauline

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