Williams completes MAPCO acquisition worth 3.1 billion
Williams Cos Inc said it completed the 3.1 billion acquisition of MAPCO Inc creating an energy services company with 6.2 billion in assets. The move should boost Williams earnings and unlock new business opportunities. Chairman and CEO Keith Bailey noted Williams is the largest volume natural gas transporter with a gas pipeline group at 7.7 billion and a 1.3 billion communications group. Operations include Lawrence.
MENTIONED IN THIS ARTICLE
Williams Cos. Inc
Mapco Inc
MAPCO
Williams
Keith Bailey
Communications Group
Lawrence
Apple mulls permanent CEO role for Steve Jobs
Apple Computer Inc. weighs making co founder Steve Jobs permanent chief executive while not pressuring him to decide. Jobs, acting CEO since last July, prefers a temporary basis. He also leads Pixar, producer of Toy Story, and Apple shows revival signs with stock more than doubling since last July and strong sales of the last G3 Macintosh models.
MENTIONED IN THIS ARTICLE
Apple Computer Inc
Steve Jobs
Apple
Jobs
Pixar
Mileage deduction rules raise IRS car rate in 1997
The IRS mileage rate rose to 31.5 cents per mile for business use in 1997, up from 31 cents in 1996. The increase helps self employed individuals and employees reimbursed below the new rate, who can deduct the difference as an employee business expense. For example, a 25 cent per mile reimbursement allows a 6.5 cent deduction on the 1997 return.
MENTIONED IN THIS ARTICLE
IRS
February U.S. home sales hit record high
New home sales rose 4.8 percent in February to an annual rate of 893,000, the best since March 1986, with gains across the Midwest and West while the South declined. Existing home sales also set a February record at 4.75 million, and incomes, retail sales, and unemployment improved, feeding market expectations on Fed policy.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Commerce Department
Midwest
West
Northeast
South
Asia
U.S
Paul Boltz
T. Rowe Price Associates
Baltimore
Construction thrives in city in Lawrence and across state
For the first two months of 1998 Douglas County contracts for future construction surged 66 percent while statewide nonbuilding work fell 17 percent. Lawrence area nonresidential activity jumped 188 percent to 6.18 million and residential up 85 percent to 11.51 million. year to date nonresidential up 46 percent to 7.6 million. Statewide February nonresidential up 22 percent to 114.01 million. total construction for two months down 0.5 percent to 508.03 million.
MENTIONED IN THIS ARTICLE
Lawrence
Douglas County
EW. Dodge
McGraw Hill Cos
Dodge
BMW Buys Rolls-Royce in 570 Million Deal
BMW acquires Rolls-Royce for 570 million dollars turning a British luxury symbol foreign. VW and Rolls enthusiasts lost bid as German automaker secures the iconic brand. At the central England plant workers greet with Guten Morgen while a Rolls Bentley sits near BMW offices in Munich.
MENTIONED IN THIS ARTICLE
Rolls-Royce
BMW
Volkswagen
Rolls
Rolls- Royce
England
Munich
Germany
Plastic money test eyed for U S folding cash
The U S government tests plastic polymer bills promising longer life reduced counterfeiting and easier recycling. Skeptics warn of machine retooling costs and possible loss of confidence in the dollar while Treasury officials weigh the step.
MENTIONED IN THIS ARTICLE
Washington
U.S
Treasury
Howard Schloss
Reader's Digest to move table of contents off front cover
Pleasantville AP report says Reader's Digest will redesign May issue by placing contents on pages 2 and 3 rather than the cover. The change, announced by editor Christopher Willcox, follows 75 years of front cover contents with a full page photo of a San Francisco firefighter on the May cover.
MENTIONED IN THIS ARTICLE
Pleasantville
N.Y
Christopher Willcox
Willcox
Reader's Digest
San Francisco
Commodity and Livestock Quotes From Markets and Friday Prices
Market notes show farm elevator values for Wheat Soybeans Milo and Corn from South Elevators Midland and North Elevators, plus cattle feedlot sales from Kansas City and Omaha. Quotations list slaughter cattle receipts and price ranges, hog receipts and gains, and nonferrous metal prices in New York with precious metals quotes.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assn
South
Milo
Midland
North
Kansas
Omana
Nes
Omaha
Also Mentioned on This Page
Dow Industrials
S&p
Fed
Martin Regalia
U.S. Chamber of Commerce
United States
Regalia
Starr
Reader’s Digest
Dodge City Livestock
St. Joseph Livestock
St. Joseph, Mo
Omaha Livestock
New York
London
Handy & Harman
Heh
Tim
Robin Winks
Department of History
Yale University
Spencer Museum Auditorium
America
Winks
Boston Globe
Washington Post
New York Times
Robin
Egat
Oe Aan
My Oui H Lg Museum
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