Market crash label sparks debate among analysts
The use of the term crash to describe the rapid stock decline faces hesitation from reporters and investors. While Dow losses reach about 22 percent in eight trading days and 128 points fall on Friday, outlets differ, with AP avoiding the word and others labeling the move a runnaway sell off or slow motion crash.
MENTIONED IN THIS ARTICLE
Dow Jones
Howard Silverblatt
Standard & Poor's
CNBC
Dylan Ratigan
Wall Street Journal
Associated Press
AP Business
Hal Ritter
New York Times
Times Business
Lawrence Ingrassia
Catherine Mathis
Edward Yardens
Seth Glickenhaus
Wall Street
The
Journal
Jonathan Wald
Dow
Kansas City voters weigh smaller light rail plan for $815 million
Kansas City faces a ninth ballot light rail choice in 11 years with a starter 14 mile route asking voters to approve a three-eighths cent sales tax for 25 years beginning April 1 2009. The plan costs $815 to $835 million with federal aid hoped for half and aims to spur downtown development and reduce car reliance amid bus ridership gains. Critics urge caution over unanswered details and infrastructure backlog.
MENTIONED IN THIS ARTICLE
Kansas City
Interstate 29
Vivian Road
Country Club Plaza
Bruce R. Watkins
Clay Chastain
Citizens For Sensible Transit
City Hall
Pat O'Neill
Pat McLarney
Citizens For Light Rail
McLarney
Denver
St. Louis
Minneapolis
Sprint Center
Power and Light District
Kansas Speedway eyes Hard Rock Casino opening by October
Kansas Speedway officials, aiming for a fall 2006 target, plan a phased $705 million project with a Hard Rock Casino by October, to align with NASCAR Sprint Cup events. Interim casino opening hoped for June. full complex to include 3,000 slots, 140 table games, a 300 room hotel and entertainment venues. International Speedway Corp and Cordish Co will invest up to $45 million each in initial construction with 20 to 40 percent equity shares.
MENTIONED IN THIS ARTICLE
Kansas City
Kan
Kansas Speedway
Nascar
Dan Houser
International Speedway Corp
Houser
Speedway
Lottery Gaming Facility Review Board
Jeff Boerger
435
International Speedway
Cordish Co
Boerger
Missouri
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Ellen Simon
West Street
Richard Drew
New York Stock Exchange
Dick Jarrold
AVE
Janeww
United Way
Unitedwaydgco
United Way of
Douglas County
Hedges
New York St
OEY
Lou Gehrigs
KU Student Union
ALS Association
Keith Worthington
Alsa-Midwest.org
Kspence
Lawrence Journal-World