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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 28, 2010
Page
4
A discussion based on Susan Maushart and Mark Bauerlein argues that push-button tech and modern parenting erode practical skills and initiative in youth. Critics blame convenience and helicopter parenting for delays in learning everyday tasks.
Lawrence real estate shows a 9 percent year over year gain through August 2010 with 938 home sales versus 861 in 2009, though below 2008's eight month total of 999. The median price rose to 157 500 from 153 500 last year and average market time dropped to 39 days from 44. August sales fell 17 percent to 81 as buyers rushed to close before tax credits.
Monday trading shows the Dow Jones at 10,812.04 down 48. Nasdaq falls to 2,369.77 with a 11.45 point drop. The S&P 500 declines 6.51 to 1,142.16. Bond yields edge up with the 30 year at 3.70%. Corn slips 9 cents to 5.13, soybeans rise 25 cents to 11.29, wheat drops 1775 cents to 7.40, and oil inches up 3 cents to 76.52.
A Kansas legislative hearing heard mixed views on the state economy. Alison Felix of the Federal Reserve Bank of Kansas City noted a slower recovery with low business and consumer confidence, yet sectors like agriculture and energy show strength. She pointed to housing-market issues and a bumpy overall path, while construction job gains tied to the Keystone pipeline and Fort Riley hospital boosted hiring.
Jimi Heselden, former coal miner turned Segway owner, found dead at the River Wharfe base of a 30 foot cliff near Boston Spa. Police say death not suspicious though safety questions about the Segway arise. witness saw man fall into river. Heselden had bought the Segway company 10 months earlier and built a fortune from a blast wall system.
Southwest Airlines plans to acquire AirTran for 1.4 billion, expanding into 37 new cities. The move promises more routes and fewer delays in small cities, but potentially higher fares in the Northeast and may end the era of ultra low sale fares. Southwest’s branding and baggage policy remain mission features in the deal.
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