Jobless claims rise again to 424,000 week ending May 2
Labor Department reports 424,000 Americans filed new unemployment claims for the week ending May 2, up 10,000 from the prior week. Californians unable to file due to riots. four week average climbs to 414,230 as overall rate edges toward 7 percent amidst weak recovery. North Carolina shows largest rise amid textile and furniture layoffs.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Los Angeles
Bush Administration
Wor
Ried
Federal Reserve
Fed
North Carolina
South Dakota
Puerto Rico
March sales rise 0.5 percent. inventories up 0.4 percent
U S commerce data show March sales at 647.9 billion dollars, up from February, with inventories at 816.3 billion, a modest rise and a steady inventories to sales ratio of 1.49. Kansas City banks United Missouri Banc agree to buy two Topeka banks once July 1 rules take effect.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United Missouri
Kansas City
Bancshares Inc
Topeka
Kan
Kansas
Park Bank & Trust
North Plaza State Bank
United Missouri Agi
Overland Park
State Bank & Trust Co
Russell State Bank
Fussell, Kan
Security State Bank
Great Bend
Market report spans grain prices and stock indexes
Midland Elevator quotes wheat 3.59 corn 2.57 soybeans 6.11 while hogs and cattle markets in St. Joseph and Omaha show mixed gains and losses. New York stocks slip as benefits rise, Dow at 3,366.62, volume 92.55 million, with AMD and Gap among active movers amid inflation and growth hopes.
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Hoatke
New York
Roger
Lacy
Ab Aderck
Lilly
AMERA
AlasGe
Ny City
Arkia
BRU
Sela
Sy Jaxlor
Nata Lab
Vas
GedPal
Bone Britysa
Ty AvriNih
Casey
Pilzer
Chase
PhilPot
TL Am West
Chryste
Citicorp
Royin
Exxon
Ford
STE Feprii
Gannett
Ucar
Unocal Unisys
Siltele
Wolwich
Willian
Midland
Lawrence
Wall Street
New York Stock Exchange
American Stock Exchange
Labor Department
Question of U S foot-dragging on BCCI revived by testimony
Former U S attorney Dexter Lehtinen testified before Congress that Justice Department officials blocked his request to enforce subpoenas abroad against BCCI. He noted subpoenas were allowed in only two foreign countries, hindering the racketeering probe linked to CenTrust Savings Bank collapse in Miami. NBC later reported Barr directed the delay just before an indictment.
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Oklahoma City
Wilson Edible Fats and Oils
Wilson Foods Corp
Fats
United Food and Commercial Workers Union
Wilson
Pork
Logansport
Ind
Cherokee
Iowa
Birmingham
Ala
Doskocil Inc
South Hutchinson
Kan
Bake Rite Foods Inc
David Calvert
Bake Rite
U.S
Washington
Congress
Justice Department
Bank of Credit and Commerce International
Dexter Lehtinen
Miami
BCCI
Lehtinen
CenTrust Savings Bank of Miami
Senate Foreign Relations Subcommittee
Panama
Switzerland
Britain
France
Netherlands
Luxembourg
United Arab Emirates
Bahamas
Cayman Islands
NBC News
Atty
William P. Barr
NBC
Meatpacker faces largest OSHA criminal fine in state history
National Beef Packing Co of Liberal pleaded guilty in Wichita to willfully violating the Occupational Safety and Health Act after three men died June 9 in a beef blood holding tank. A $150,000 criminal fine accompanies a $1.5 million civil payment, with a three year supervised-release plan to ensure worker safety.
MENTIONED IN THIS ARTICLE
Wichita
National Beef Packing Co
Liberal
U.S
Lee Thompson
National Beef
OSHA
Thompson
U S car market share shifts with Big Three gains
Domestic car and light truck sales in early May fell 0.3 percent with 430,408 units sold May 1–10. Light trucks rose 3.9 percent to 87,497, while total sales were 237,905 versus 245,871 a year earlier. The Big Three GM Ford Chrysler increased share to 87.2 percent from 85.3 as Japanese transplants slipped to 12.8 percent from 14.7.
MENTIONED IN THIS ARTICLE
Detroit
North American
North America
Ford
Chrysler
Also Mentioned on This Page
St. Joseph Livestock
ST. Joseph, Mo
Omaha Livestock
Omaha
Neb
USDA
Dow
NYSE
Gap Inc
Cray Research
McDonnell Douglas
Merck
Hewlett- Packard
Flemin
Hercules
Wich
Kmart
Kroger
Quaker
Uunch
Sallie Mac
Santa Fe
Seafield
Sears
Attr Direcer
Trinova
UtiliCorp
Wal-Mart
Western Finance Bic
Willams
Woolworth
Ant Courteay Edward D
Sonos Co
W. 23Rd
el Journal-Work
N.Y. Times News Service
Tom Webb
National Automobile Dealers Assn
Harvey Heinbach
Merrill Lynch
Tata
PostScript
Mac
IBM
NEC
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