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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Feb 25, 2002
Page
8
Consumer Credit Counseling Services will present a free workshop from 7 to 8 30 p.m. on March 4 at the Lawrence United Way Building at 2518 Ridge Court. Topics include goal setting budgeting cutting costs and starting a savings plan with reservations requested by calling 1 800 383 0217 ext 369.
Responding to a recent poll, Americans report discarding loose habits of storing spare change around the home. Box or ashtray are common, with car consoles and safes also cited. Other spots include cigar boxes, shoe boxes, socks or shoes, and plastic bags, each at about one percent.
Milwaukee AP report notes 21 percent of 16 000 firms expect to add jobs April through June while 10 percent plan cuts. First quarter seasonally adjusted hiring up 1 percent, but second quarter projections lower than a year earlier. Manufacturing should lead gains as NA M forecasts slow industrial pickup. Unemployment claims rose to 383 000 last week but market stability seen.
In New York ICANN president Stuart Lynn urged a major restructuring saying private control of the Internet has failed. He proposed a board where governments appoint one third of ICANNs members, reversing the 1998 move to privatize ICANN. He argues governments are essential for legitimacy and backing.
Enron asks OPIC to cover a $200 million political risk insurance claim on the Dabhol project in India while still owing OPIC $453 million and Ex-Im Bank $512 million on related overseas ventures. The India plant remains nonoperational as negotiations and claims progress slowly.
California officials seek to reverse about 21 billion in long term electricity contracts after a crisis era, appealing to FERC to gain leverage in renegotiations with 22 power sellers including Mirant Dynegy Williams and Calpine. The move aims to cut bills and aid Gov. Davis as he runs for re election amid Enron fallout.
Gasoline prices rose only 0.31 cents per gallon over two weeks, with a national average of 1.15 for all grades. Self-serve regular averaged 1.12, while mid grade and premium ran about 1.22 and 1.31 respectively. Abundant supplies offset Middle East conflict fears, analysts say.
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