Poor corn and soybean harvest hit Lawrence area farms
Lawrence area farmers report a very poor crop year with corn yields around 45 bushels per acre versus a normal 100. Test weights are down and soybean output is forecast to be 5 to 15 bushels per acre. Weather with excessive heat and little rain blamed. mills may refuse green soybeans, worsening selling options.
MENTIONED IN THIS ARTICLE
Steve Wilson
Baldwin Feed Co
Baldwin
Jim Carpenter
Eudora Feed and Grain
Eudora
Carpenter
Lawrence
Mark Domann
Ottawa
City
Domann
Area Mills
College Loan sues Sallie Mae over loan consolidation rights
College Loan Corp, a Sallie Mae competitor, sues the nation s largest student loan holder in federal court in Alexandria Virginia. It alleges Sallie Mae denied borrowers the right to consolidate with their lender of choice and offered colleges inducements such as free software to steer students to lenders selling loans to Sallie Mae. College Loan seeks an injunction and at least 200 million dollars in damages.
MENTIONED IN THIS ARTICLE
Sallie Mae
College Loan Corp
Alexandria
College Loan
San Diego
Corporate Control Conference at KU September events
Kansas University School of Business hosts two sessions on corporate control and disclosure. The first, from 11 30 a m to 5 p m on September 27 at the Ritz Charles in Overland Park, asks 50 to attend. The second, from 8 a m to 4 p m on September 28 at Adams Alumni Center, costs 50 with Friday reservations. Contact KU Center for Management Education at 864 7581 or visit the listed website for details.
MENTIONED IN THIS ARTICLE
Kansas University School of Business
Ritz Charles
W. 137Th St
Overland Park
Adams Alumni Center
Oread Ave
KU Center For Management Education
Business.ku.edu
Gbittlingmayer
Corpcontrol
Williams to sell central natural gas pipeline to Southern Star
Tulsa based Williams Cos agreed to sell its 6000 mile central natural gas pipeline to Southern Star Central Corp for 380 million cash. Southern Star owned by AIG Highstar Capital LP will also assume 175 million in Williams debt. The pipeline carries gas from Kansas Oklahoma Texas Wyoming and Colorado to Midwestern markets.
MENTIONED IN THIS ARTICLE
Tulsa
Williams Cos
Central
American International Group Inc
Southern Star Central Corp
Williams
Kansas
Oklahoma
Texas
Wyoming
Colorado
Midwest
Southern Star
AIG Highstar Capital LP
SEC investigates GE retirement package for Jack Welch
The Securities and Exchange Commission opened an informal inquiry into former General Electric chief Jack Welch's retirement perks. Welch asked GE to reclaim many benefits after criticism, and GE's board agreed to do so, with the company cooperating as SEC notified GE of the inquiry.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
General Electric Co
Jack Welch
Welch
SEC
Gary Sheffer
Baldwin City Lumber Co to close after 90 years
Baldwin City Lumber Co ends 90 year run in October with a liquidation sale. Owner Michael Swan cites rising costs and competition from big box and contractor suppliers. The two-building site at 718 High St and nearby yard may be redeveloped by Baldwin State Bank while loyal locals express sadness at loss of a downtown landmark.
MENTIONED IN THIS ARTICLE
Baldwin City Lumber Co
Baldwin’s
Michael Swan
Swan
Eudora
Wellsville
Ottawa
Overbrook
Lawrence
Lawrence Lumber
Payless
High St
Eighth
High Streets
Baldwin State Bank
Carl Butell
Ings
Ives-Hartley Lumber Co
Butell
Tom
Tom Swan
Baldwin City
Hartley
Melissa Lacey
Lawrence Journal-World
Baldwin
Boeing keeps running amid brewing labor fights after strike vote
Boeing overcame a machinists strike vote as workers return to the line but deeper labor troubles loom. SPEEA talks begin with contract expirations in December affecting 19,000 engineers and techs. Arbitration over subcontracting and morale concerns threaten Boeing’s jet production outlook, with 12,500 Wichita jobs and broader plant pressures highlighted.
MENTIONED IN THIS ARTICLE
Seattle
Boeing Co
Boeing
Society of Professional Engineering Employees In Aerospace
SPEEA
Wichita
David Olson
Machinists Union
Washington State
Kan
Portland
US inventories rise for third straight month in July
U S companies added 0.4 percent to inventories in July lifting total to 1.1 trillion dollars. Auto dealers surged to meet demand aided by free financing while furniture electronics and appliance stores also expanded stockpiles. Sales increased 1.2 percent the best in three months.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Richard Yamarone
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Douglas County
Dave Ranney
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Chad Lawhorn
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