Maryland Faces Major hit from federal budget cuts
Maryland officials warn billions could be lost if Congress approves proposed budget reductions. Welfare reform, Medicaid cuts, and transportation funding losses threaten the state's economy. Gov. Glendening and business leaders urge action to build private growth while federal jobs shrink.
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Lead exposure highest among Maryland construction workers
Maryland state report finds construction workers face the most lead exposure with 212 adults in blood tests last year, 192 work-related. Painters account for 35 percent, bridge workers 10.5 percent, supervisors 7 percent. Baltimore area tops exposure, with strict state controls now requiring monitoring, work controls, and respirators on high lead projects.
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Baltimore
Maryland
State Department of the Environment
Lowry
Grain futures show mixed prices across Sep and Dec contracts
Trading notes reveal soy and grain futures with minimum 5000 bushels per price point. Sep soy and corn futures hover near 1.58 to 1.68 dollars per bushel with varied daily ticks. Open interest rises, Fn's sales reach 3,716 while open interest climbs to 11,512 amid modest gains.
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Chicago
Chicago Board of Trade
St ’S
T-bills up
The Treasury Department sold 12.1 billion in three month bills at an average discount rate of 5.42 percent, up from 5.41 percent last week. Another 121 billion was sold in six month bills at 5.42 percent, up from 5.40 percent. The three month rate was the highest since 5.44 on July 31 and the six month rate the highest since 5.46 on July 24.
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Washington
Treasury Securities
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Ovitz to Run Disney in No 2 Slot Overseeing ABC
Hollywood superagent Michael Ovitz will become president of Disney on Oct 1, overseeing a Capital Cities-ABC merger and Disney movies, parks, and consumer products. Eisner welcomes him as a power broker who can attract top stars, with talks intensifying after the surprise merger. Ovitz leaves CAA, a co founder, to join Disney and shape its entertainment strategy.
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Eisner
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Smith Barney Harris Upham Entertainment
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Seagram Co
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New York Stock Exchange
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Dress for Success fashion show by Greater Western Maryland group
The Greater Western Maryland Sales and Marketing Council hosts a dress for success fashion show from 9 to 10 30 a m Thursday Aug 17 at the Weinberg Center Frederick. Todd Walker hosts with Alicia's Women Apparel and King's Men's Wear providing fashions. Free for members, 5 for non members. public invited.
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Greater Western
Markets Wrap With Mixed U S Stock Indexes
New York reports show mixed results with the S&P 500 at 59.74, up 4.63. Industrials at 667.35, up 6.25. Nasdaq Composite at 1012.44, unchanged. NYSE and AMEX figures cited. Investors weigh economic data as index moves reflect volatility and sector shifts.
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New York
Standard&Poor
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