American Eagle Wins Tax Abatement in Lawrence Plan
Lawrence City Commission approved an 80 percent property tax abatement for American Eagle Outfitters Inc to build a distribution center at East Hills Business Park for 10 years. The decision, pending state Board of Tax Appeals approval, includes a $200000 road-improvement pledge and traffic flow commitments at Noria Road and Kansas Highway. Michael Fostyk declined comment after the vote.
MENTIONED IN THIS ARTICLE
American Eagle Outfitters Inc
Lawrence
Noria
Kansas Highway
Michael Fostyk
American Eagle
Richard Gwin
Journal-Worp
Kansas tax bill misspells farm in final draft
In the final hours of the Kansas Legislature session a missing word in a tax bill could cost the state over five million dollars. An omission of the word farm allowed the bill to grant tax breaks to all corporations instead of only farmers. The error arose from using an earlier version of the bill.
MENTIONED IN THIS ARTICLE
Topeka
Bill Graves
House
Drought to Persist in Gulf Coast and Midwest This Summer
The National Weather Service forecasts ongoing severe to extreme drought across Florida, Georgia, western South Carolina, western Texas, northern Arkansas, and parts of Louisiana, Mississippi, and Alabama. Eastern Nebraska, northern Indiana, and much of Missouri, Iowa, and Illinois face lingering dryness amid low precipitation and high heat. The drought, worsened by La Niña, is not yet affecting food prices, though farm regions suffer. Relief may come to New Mexico with monsoon rains in July, while a drought commission proposes stronger disaster coordination.
MENTIONED IN THIS ARTICLE
Washington
Gulf Coast
Midwest
National Weather Service
Florida
Georgia
South Carolina
Texas
Arkansas
Louisiana
Mississippi
Alabama
Nebraska
Indiana
Missouri
Iowa
Illinois
Dan Glick
St. Louis
la Nisia
Jack Kelly
la Nifia
Pacific Ocean
United States
South
New Mexico
Weather Service
Clinton
Special Commission
Doctors take penmanship class at Cedars-Sinai
In Los Angeles, physicians at Cedars-Sinai Medical Center attend a handwriting improvement session prompted by the chief of staff. Doctors from cardiology and pulmonary fields admit poor script, hoping lessons improve patient safety and accuracy in records.
MENTIONED IN THIS ARTICLE
Los Angeles
Cedars-Sinai Medical Center
William Mandel
Andrew Wachtel
Fed raises rates by half point to 6.5 percent high
The Federal Reserve boosted the federal funds rate by a half point to 6.5 percent, the highest in nine years, signaling readiness for further action to curb inflation. Banks followed with a 0.5 percentage point rise in the prime lending rate to 9.5 percent, the highest since 1991, while the discount rate rose to 6 percent.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Federal Reserve
Washington
Fed
Central Bank
Alan Greenspan
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Faire
Gage Hale Yi
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