Oil prices stay high amid demand and supply worries
Analysts say global demand remains ravenous and producers resist boosting output, keeping oil and gasoline futures elevated. Crude for June delivery hit 38.98 dollars per barrel, a three year high, while unleaded gasoline rose to 1.31 dollars per gallon, the strongest settle since 1984. Analysts warn pump prices could climb further, with average U S gasoline near 1.84 dollars per gallon and regional costs potentially reaching 3 dollars.
MENTIONED IN THIS ARTICLE
Saudi Arabia
Iraq
New York Mercantiles Exchange
United States
Energy Department
Payless Stock Rises on Strong Sales Outlook
Payless ShoeSource Inc reports quarterly earnings well above estimates and a 4.7 percent April same-store sales gain. Shares jumped as much as 21 percent intraday, closing up $2.14 at $16.80 on the NYSE, their highest since December 2002.
MENTIONED IN THIS ARTICLE
Payless ShoeSource Inc
Wall Street
New York Stock Exchange
Theshares
Coca-Cola Names Isdell as New Chief Executive and Chair
Coca-Cola Co. announced that former bottler official E Neville Isdell will become chair and CEO, succeeding Doug Daft who retires at year end. The transition is expected by early summer. Isdell, 60, Irish, joined Coca-Cola in 1966 and has held roles worldwide, including president of the Central European Division in 1985.
MENTIONED IN THIS ARTICLE
Coca-Cola Co
E Neville Isdell
Doug Daft
Sdel
Coca-Cola
Fed Holds Key Rate as Greenspan Signals Summer Rise
The Federal Reserve left the key rate unchanged at a 46 year low but dropped the hold strategy, signaling rate increases likely starting in summer. Analysts expect the first hike in August, with some predicting June, depending on jobs data, while markets welcomed a measured pace and a Dow finish at 10,317.20 up 3.20.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Fed
Lynn Reaser
Banc of America Capital Management
St. Louis
Wall Street
Lawrence Usly restaurant outlasts city critics
Ken Creasey reflects on Lawrence Taco John's early digs branded as ugliest building by City Commissioner Barkley Clark in 1974. The modular red and yellow storefront at 23rd and Ousdahl faced barbs, yet the chain expanded with stores on W. 23rd, 6th Street, and Haskell Avenue, proving the food won support.
MENTIONED IN THIS ARTICLE
23Rd Street
Ousdahl Road
Taco John’s
Lawrence
Ken Creasey
Creasey
Journal- World
Barkley Clark
Taco John's
Cyiner
Sixth
Maine Streets
Resilient restaurants endure in same spots for 30 years
A comparison of 1974 and 2004 phone directories shows nine restaurants besides Taco John’s still operating at their original locations and names. The list includes Dairy Queen Brazier, Don’s Steak House, El Matador Cafe, Kentucky Fried Chicken, La Tropicana, Johnny’s Tavern, Mass Street Deli, McDonald’s, and Royal Peking. Open houses Sunday from 11 a.m. to 12:30 p.m. at the Sixth Street store will feature Rugrats stars Tommy and Angelica.
MENTIONED IN THIS ARTICLE
Taco John’s
Dairy Queen Brazier
Mass
Don‘s Steak House
Locust St
Kentucky Fried Chicken
Johnny's Tavern
Tommy
Angelica
Nickelodeon
Sixth Street
Gore led group to buy Newsworld International for new cable network
An investor group led by former Vice President Al Gore plans to buy Newsworld International from Vivendi and launch a 24 hour news network aimed at young adults. Gore says the channel will be independent, with CBC continuing programming and he will chair the board. Joel Hyatt will be CEO, stressing a bold voice for viewers age 18 to 34.
MENTIONED IN THIS ARTICLE
Mdtv Holdings
New Orleans
al Gore
Newsworld International
Vivendi Universal Entertainment
Gore
IND TV Holdings
Canadian Broadcasting Corp
Vivendi
Joel Hyatt
Democratic National Committee
Senate
Ohio
Hyatt
New Jeans
Factory orders rise 4.3 percent in March signaling recovery
Commerce Department reports March factory orders jumped 4.3 percent from February, the largest gain since July 2002 and above forecasts. February had risen 1.1 percent as demand for cars machinery appliances food clothes and chemicals spurred output. For the first time in 44 months, manufacturing did not lose jobs though employment did not rise. Economists see momentum and rising overseas demand boosting hiring in coming months.
MENTIONED IN THIS ARTICLE
Washington
America
Commerce Department
March
Also Mentioned on This Page
Topeka
Coca-Cola Names
Usly
Taco John
Clawhorn
Ijworld.com
Beau
W. 23Rd St
W. Sixth St
Haskell Ave
Thad Allender
Journal-World Photo
Mass Street Deli
McDonald's
23Rd St
Royal Peking
DR. You
Community Convenienc
Fabro
Picea Deol Creative Solutions
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!