Oil hits $45 amid HP earnings slump markets slide
Markets fell as oil surged past 45 dollars a barrel and Hewlett-Packard reported weak second quarter results. Tech giants like Cisco and National Semiconductor had similar outlooks, fueling concerns the Fed will continue rate hikes. Dow fell 58.69 to 9879.63 while the S&P 500 and Nasdaq also declined amid mixed economic signals. Jobless claims improved to a five week low, but business inventories rose 0.9 percent in June signaling weaker demand. Local grain prices for wheat, corn, soybeans, milo, and oats were listed in regional quotes.
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Detroit terrorism trial undermined by new witness claim
A witness revealed post trial that a videotape shown in Detroit as surveillance footage was an amateur film, potentially undermining prosecutors in the case against four suspected terrorists. The disclosure follows a DOJ review of prosecutors conduct and could affect convictions.
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Obituary for Stephen Steve Chapman in Ottawa
Stephen Steve Chapman, 48, of Ottawa, died on Wednesday, August 11, 2004 at Ransom Memorial Hospital. Arrangements are being announced by Dengel & Son Mortuary.
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Steve” Chapman
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Paul W. Archer obituary in Ottawa aged 93
Paul W. Archer, 93, of Ottawa died Wednesday, August 11, 2004, at Village Manor Nursing Home. Arrangements are pending with Lamb-Roberts Funeral Home.
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Storms to lash Florida as Bonnie nears Panhandle
Tropical Storm Bonnie nears landfall in Florida's Panhandle with 50 mph winds and heavy rains expected to threaten flood zones. Hurricane Charley intensifies to 90 mph and targets the Keys and southern Florida, with watches extending along most of the Gulf Coast as it tracks past Jamaica and toward Cuba and Florida.
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Ad Briefs $300 Off Two Day Supreme Bathroom Makeover
Limited offer for the first ten customers includes a two day bathroom renovation with a $300 discount. Service emphasizes quick turnaround and professional installation.
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