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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Nov 05, 2004

Page

18

Retail sales improve in October for many retailers

The holiday season pickup showed retailers reporting better October sales, with mall apparel chains like Limited Brands Abercrombie Fitch and Gap Inc. rebounding due to cooler weather. Discounter chains Big Lots ShopKo and Wal-Mart extended slow sales from June with Wal-Mart posting a 2.8 percent rise in same-store sales and total sales up 10.4 percent.

Limited Abercrombie & Fitch Inc Gap Inc Big Lots Inc ShopKo Stores Inc Wal-Mart Stores Inc Wal-Mart Thomson First Call

Productivity gains slow in third quarter economy

The Labor Department reported that productivity of American workers rose 1.9 percent in the third quarter, the slowest since 2002, following a 3.9 percent pace in Q2. Some economists had forecast around 1.0 percent growth, with analysts hoping firms would hire to meet demand instead of boosting efficiency.

America Labor Department

Mortgage rates rise across the country this week

Mortgage rates climbed this week with 30-year fixed-rate loans averaging 5.7 percent, up from 5.64 percent. The 15-year fixed-rate option rose to 5.08 percent from 5.01 percent as inflation fears eased after a peak of 6.34 percent in mid May.

Freddie Mac

GM recalls nearly 1.5 million vehicles in North America

General Motors announced recalls of about 1.5 million vehicles from 2002 to 2005 model years in North America. The action covers 946,817 sport utility models including the 2002-2004 TrailBlazer Envoy Bravada and the 2004 Rainier due to possible tail lamp failures. Two crashes with injury are suspected to be linked. owners will be notified and repairs are free at GM dealerships.

General Motors Corp North America National Highway Traffic Safety Administration

Wall Street rally sparked by oil drop and Bush agenda

Wall Street rose for the second straight day as oil prices fell below 49 dollars a barrel boosting investor optimism. The Dow jumped 177.7 points to 10,314.76, the S P 500 to 1,161.67 and the Nasdaq to 2,023.63, with markets awaiting the Labor Department jobs report for clues on the rally’s durability.

New York Wall Street Dow Jones S&p 500 New York Mercantile Exchange Michael Palazzi SG Cowen Securities Dow Standard & Poor Labor Department

Chiefs Royals stay in Kansas City after tax defeat

Kansas City officials say the Chiefs and Royals will remain in the metro area under current leases through 2014 while the Jackson County Sports Authority weighs next steps after the Bistate II sales tax initiative failed. Officials cite needed repairs at Truman Sports Complex and looming competition from Busch Stadium as reasons to act, with focus on immediate project costs and options beyond stadium renovations.

Chiefs Royals K.C Kansas City Jackson County Sports Authority Kansas City Chiefs The Mark Gorris Metro Gorris Dick Berkley Authority Berkley Truman Kauffman Stadium Busch Stadium St. Louis Ransdell/KRT Kansas City Royals

State settles flu-shot gouging lawsuit in Kansas

The Kansas attorney general’s office said it settled a consumer protection suit with ASAP Meds Inc doing business as Meds-Stat of Fort Lauderdale. The firm affirmed it sold no vaccine in Kansas and agreed to comply with state laws and reimburse about $2,500 in legal expenses.

Kansas Shawnee County Chiron Corp United States England Kline Meds-Stat Kansas City Kan Sam Karsch Meds- Stat Kansas Pharmacy Karsch Whitney Watson Med-Stat Attorney General's Florida

Chicago and Ottawa Market Roundup Mixed Futures Quotes

Chicago Board of Trade soybeans futures showed declines while other grains rose. December wheat up to 3.03 per bushel, December corn down to 1.971/2, oats up to 1.403/4. January soybeans at 5.064/4. Live cattle and pork futures mixed, December lean hogs at 0.7385, cattle down to 0.8282. Local elevator quotes show soybeans steady at 4.71, corn around 1.63, wheat at 3.25 in Ottawa and nearby elevators. nonferrous metals: gold 430.10, silver 7.371, platinum 834.00 per ounce.

Chicago Board of Trade Chicago Mercantile Exchange Ottawa Cooperative Assn Ottawa Milo Edgerton Overbrook Midland Lawrence North

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