National Highlights and Market Shifts Amid Attacks
Unemployment claims jump to a nine year high as terror attacks influence economy. Newspaper want ads hit an 18 year low in August signaling a weak job market before the events. OPEC stays at current output as oil prices fall and plans a November review. AT&T considers a merger with BellSouth after divesting its cable unit. Reliant Resources buys Orion Power for 2.9 billion in cash to expand reach. Democrats push worker relief laws including extended unemployment benefits and a higher minimum wage, plus job training and heating aid.
MENTIONED IN THIS ARTICLE
Washington
Conference Board
New York
OPEC
Vienna
Austria
United States
Organization of Petroleum Exporting Countries
Edward M. Kennedy
Dexter crop duster largely unaffected
Vernon Lee of Dexter runs Lee Aviation and reports only a brief halt after the FAA banned spraying in Class B airspace following the Sept. 11 attacks. He says planes were grounded for a few days, then quickly back in service, with overall business impact described as mainly inconvenient rather than financially crippling.
MENTIONED IN THIS ARTICLE
Federal Aviation Administration
FAA
Managing Short Term Cash Investments in Short Term Funds
An overview of options for liquid cash investments including CDs and bank deposits insured by the FDIC, money market funds, Treasury bills, agency discount notes, ARPS, and commercial paper with varying risk and yield. The article notes tax or legal advice should be sought for decisions.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Company
FDIC
Money Market Funds
Agency
U.S
U.S. Treasuries
Treasury
Roswell welcomes Dr. Olugbemi to psychiatry practice
Edward Olugbemi M.D. joins Roswell's Eastern New Mexico Medical Center to offer adult and child psychiatry including evaluations therapy and medication management. He directs inpatient care at Sunrise Mental Health Center and can be reached at 627 4126. Applebee’s partners with Red Cross to raise funds via $1 paper flags for disaster relief.
MENTIONED IN THIS ARTICLE
Olugbemi
Edward Olugbemi
Roswell
Eastern New Mexico Medical Center
Sunrise Mental Health Center
University College Hospital
Nigeria
London
England
Mescalero Apache reopen Alamogordo mill stake helps economy
Frank Barela, a lumber grader, returned to work at Mescalero Forest Products No. 2 after the mill reopened under Mescalero Apache tribal management. The move revived local jobs, cut reliance on grocery work, and diversified Otero County amid broader tribal economic efforts and regional employment.
MENTIONED IN THIS ARTICLE
Barela
White Sands Forest Products
Mescalero Forest Products No. 2
Alamogordo
Sacramento Mountains
Jimmy Bridge
Holloman Air Force Base
New Mexico
Otero County
Tularosa
Sara Misquez
Mescalero
Misquez
Bridge
Bend, Ore
Gates Still World Richest Despite Decline
Forbes lists Bill Gates as the richest person worldwide with a net worth of 54 billion, down from 63 billion a year earlier due to Microsoft stock weakness. Warren Buffett rises to second as Paul Allen slips to third, with Ellison dropping to fourth and the Walton heirs dominating the rest of the top 10.
MENTIONED IN THIS ARTICLE
New York
Microsoft
Bill Gates
Forbes
Gates
Warren Buffett
Paul Allen
Oracle
Larry Ellison
Steve Ballmer
Wal-Mart Stores Inc
Sam Walton
Buffett
Allen
America
Bill Baldwin
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Life
Dorian Mencos
Estuardo Lopez
Manuel Pichardo
Etelberto Alonzo
Sage Bakehouse
Santa Fe
At&t Talksner
At&t Corp
BellSouth Corp
At&t
At&t Broadband
Reliant
Aeeve Orion Houston
Reliant Resources Inc
Orion Power Holdings Inc
Reliant Energy Inc
Dexter
Howev
Lee
Vernon Lee
Bob Hirst
Hirst
Hirst Aero Spray
Lee Aviation
John L. McCullonen
Morgan Stanley
Applebee's
Red Cross
Applebee's Grill and Bar
American Red Cross Disaster Relief Fund
Applebee
N.M
Socorro County
Lone Star
Roger Buck
Nmsu Om
Clovis
New Mexico State University
NMSA
Portales
Tribe
Frank Barela
Anthony Brack
Aztec
Nelson Willie
Nageezi
Florida
Farmington
NAPI