Midwest inflation on rise in April says survey
The Mid-America Business Conditions Survey shows manufacturing expanding in nine Midwest states with the overall index at 70.3, a peak since the survey began. Prices paid surged to 89.8, indicating rising costs, as Knudsen notes potential Fed rate moves by the June meeting. Kansas shows a bright outlook with an index of 71.6 and strong subindexes for new orders and production.
MENTIONED IN THIS ARTICLE
Omaha
Nes
Midwest
Mid-America
Creighton University
Jim Knudsen
Knudsen
Federal Reserve
Kansas
Arkansas
Iowa
Minnesota
Missouri
Nebraska
North Dakota
Oklahoma
South Dakota
Quattrone Convicted Over IPO Allocation Scrutiny
Former CSFB banker Frank Quattrone was convicted of obstruction amid a probe into IPO allocations during the Internet boom. Jurors sought his readback on Texas trial testimony minutes before the verdict, while sentencing was set for Sept 8 with an expected 10 to 16 months in prison.
MENTIONED IN THIS ARTICLE
Grand
Securities and Exchange Commission
Quattrone
Texas
Sheldon Silver
U.S
Richard Owen
John W. Keker
Frank
Owen
Amazon.com
Netscape Communications Corp
CSFB
Keker
Quattrane
Louisiana firm to buy Farmland plant equipment in KC auction
Farmland plant will transfer much of its fertilizer production gear to Louisiana Chemical Equipment Co. after an initial bid, with other bidders able to top it at a May 12 auction in Kansas City Missouri. The trust funds 7 million for ongoing cleanup of groundwater contamination, under KDHE oversight, while local officials weigh open space use for the site and watch for asbestos issues. Three Lawrence workers recently became Shaw employees.
MENTIONED IN THIS ARTICLE
Daughtery
Louisiana Chemical Equipment Co
Kansas City
Shaw
Kansas Department of Health and Environment
KCHE
Douglas County
Charles Jones
KDHE
Jones
Lawrence
East Hills Business Park
Commodities move higher on Chicago exchanges
Grain and soy futures rose with July wheat up 1.44 to 3.97 a bushel and July corn up 3.75 cents to 3.24. July soybeans gained to 10.21, while July oats slipped. Beef and pork futures rose on the Mercantile Exchange with live cattle at 82.20, feeders at 99.22, lean hogs 74.85, and pork bellies near 511.47. Local price quotes from Ottawa, Edgerton, Overbrook, Midland, Lawrence North and South, and Pauling elevators show mixed wheat and soybean values around 10.15 to 10.20.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ollaws
Milo
Edgerton
Overbrook
Midland
Lawrence North
Lawrence South
Pauling
Sprint unveils 35-dollar plan for wireless minutes
Overland Park based Sprint announces a 35 dollar plan with 300 anytime minutes and unlimited night and weekend calls. Extra minutes cost 2.50 per 25 minute block, rising to 50 minute blocks later, with 7 cents per minute after 1250 minutes. Len Lauer, Sprint president, says the price per minute matches bucket plans.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Sprint Corp
Wireless
Sprint
Overland Park, Kan
Len Lauer
Also Mentioned on This Page
Boeing
Air Berlin
Seattle
Louisiana Company
Chad Lawhorn
St. Joseph Iivestock
St. Josert
Barrows and S
New York
London
Handy & Haemin Conly
Troy Uz
Handy & Harman Fanly
Sab
Simply Wireless
Pusg Me Rc Sa
Ottawa
Emporia & Gameit
Beira
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