New silk screen shop opens in East Lawrence
Larry Sinks buys 16,000 square foot industrial building at 721 E Ninth St to house Vic tory Sports wear, a silk screen and embroidery business printing logos on sweatshirts hats and T shirts. The three employee firm plans to expand to six and occupy about half the building with 8,000 square feet vacant. Contact Business desk at 832 6362 or clawhorn jworld.com.
MENTIONED IN THIS ARTICLE
East Lawrence
Larry Sinks
Midwest Graphics
E. Ninth St
Victory Sportswear
Eric Allam
Enron investigation widens across markets and auditing ties
The government probes whether Enron Corp. committed fraud through improper trading as CFTC chairman cites widening inquiry. Arthur Andersen, Enron's longtime auditor, negotiates with prosecutors amid massive shredding of Enron documents. DOJ officials say lawyers are in talks with Andersen representatives.
MENTIONED IN THIS ARTICLE
Enron Corp
Commodity Futures Trading Commission
Enron
Arthur Andersen
Andersen
Justice Department
Lockheed plant workers walk out over contract deal
Machinists Local 709 at Lockheed Martin Marietta plant in Marietta Georgia struck early after rejecting a three year contract offer that would raise wages by ten percent with a $1000 signing bonus. Picket lines formed at 12 01 a.m. and the plant builds F 22 Raptors and C 130J cargo planes while similar talks continued at Sunnyvale and Palmdale facilities to avert wider walkouts.
MENTIONED IN THIS ARTICLE
Lockheed Martin Aircraft Assembly
International Association of Machinists Local 709
Marietta
Lockheed-Martin
Sunnyvale
Palmdale
Calif
Treasury bills rise in auction rates up for 3 and 6 months
The Treasury Department sold 13 billion in three month bills at a discount rate of 1.825 percent, up from 1.760 percent, and 13 billion in six month bills at 2.020 percent, up from 1.890 percent. The three month rate is the highest since November and the six month rate the highest since October. The discount rates imply yields of 1.858 percent for the three month and 2.069 percent for the six month, with a 10 thousand dollar bill priced at 9,953.90 and 9,897.90 respectively.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Kmart chief executive leaves amid bankruptcy turmoil
Kmart Corp. chief executive Chuck Conaway resigns three days after the company filed for Chapter 11 protection and unveils plans to close 284 stores and cut 22,000 jobs. Chairman James Adamson will assume the CEO role immediately. The Troy, Michigan retailer filed for bankruptcy on Jan. 22 after weak holiday sales and downgrades. Conaway’s departure follows talk of a leadership change as the company seeks a steadier financial path.
MENTIONED IN THIS ARTICLE
Detroit
Kmart Corp
Chuck Conaway
James Adamson
Kmart
Troy
Steps to saving for college money wise guidance
Lawrence advisers say many parents under save the target for college costs. The article outlines 529 plans IRAs and tax credits like Hope and Lifetime Learning to boost saving, with practical steps such as starting $50 to $100 monthly and diversifying investments. It notes public private college costs and who can use education savings accounts including grandparents and siblings.
MENTIONED IN THIS ARTICLE
Lawrence
Phillip Rademacher
Rademacher Financial Inc
Rademacher
Peggy Johnson
American Express Financial Advisors
Hope
U S Women's Open set to draw 100000 to Hutchinson
Hutchinson prepares for the U S Women's Open planned July 17 with an expected 100000 visitors and more than 10 million dollars in business. Merchants and restaurants boost inventory and staff as shoppers anticipate crowded lines and limited parking while area venues gear up for record crowds.
MENTIONED IN THIS ARTICLE
Hutchinson
Dan Flores
Target
Dawn Sinkule
Mark Collins
Wal- Mart
Sinkule
U.S
Jack Emel
Hutchinson Applebee's
Kaine Kientz
Montana Mike's Steakhouse
Tome Muli
Polo Sports Lounge
Jin Leitwater
Leitwater
Agricultural grain prices and livestock market summary
As of Monday’s close Ottawa Cooperative and Edgerton, Overbrook, Pauline, and Lawrence elevators reported wheat and corn prices with soybeans around 4.3 dollars a bushel and milo near 1.80. USDA Loan Deficiency Payments list corn four cents and soybeans ninety five cents. St Joseph stock market notes slaughter cattle prices up 2 to 3 dollars, with heavier receipts and strong demand. Nonferrous metals quotes include aluminum 64.5 cents, lead 29 to 31 cents, gold 291.20, silver 4.53 per ounce.
MENTIONED IN THIS ARTICLE
Beder
Conaway
Kmart
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Mila
Lawrence North
Lawrence South
Pauline Elevator
USDA
St. Joseph
New York
London
Handy & Harman
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Richard GwinjJor
Jworld.com
Wall Street Enron
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Adamson
Wall Street
Drugstore
CVS
Eric Beder
Ladenburg, Thalmann & Co. Inc
bNews
Karen Palermo Bledsoe
Rachel
Mike Vader
Journal-World Photo
Sunflowerbroadband