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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jul 17, 2002

Page

7

House approves tougher criminal penalties for business fraud

The House passed a bill by 391 to 28 creating criminal penalties for executives who deceive investors and retaliate against whistle blowers. It would surpass the Senate civil penalties and aims to speed the crackdown on corporate wrongdoing toward President Bush.

Washington House Bush Senate James Sensenbrenner R-Wis House Judiciary Committee Dennis Hastert R-Nl GOP Mark Foley R Fla Mike Rogers Hastert

New York Stocks End Mixed on Tuesday Amid Trading Activity

Listed stocks move across IBM AOL Exxon Mobil and other big names with varied closes. Key movers include Bank One and EDS while tech and telecoms show gains and losses across the session.

Greenspan flags scandals delaying economic recovery

Fed chair Alan Greenspan told Congress that while the U.S. economy is set for growth, a wave of accounting scandals undermines confidence in corporate leaders and may slow consumption and capital investment. He cited market slides and ongoing uncertainties including malfeasance risks and global events.

Washington U.S Federal Reserve Alan Greenspan Congress

Markets slide as investors seek steady footing

NEW YORK AP Markets fell at opening, recovered slightly on Greenspan’s soothing remarks, then dropped again amid anxiety. The Dow dropped 166.08 to 8473.11, its seventh straight loss, with the Nasdaq at 1375.26 and the S and P 500 at 900.94. Greenspan testified the economy is recovering but needs more strength, and rates will stay unchanged until then.

New York Wall Street Federal Reserve Alan Greenspan Dow Jones Barry Hyman Ehrenkrantz King Nussbaum Dow Standard & Poor

Stockyards Springfield report prices and hog sales data

Eastern Cornbelt carcass prices rise by five cents with varying bf thickness ranges from 0.5 to 0.9 inches. Illinois direct hog purchases total 15 947 with steadier hoard for light offerings and price bands by weight. Boars show lower values under 300 pounds and higher ranges over 300 pounds.

Springfield Illinois

Grain futures rise on worsening spring wheat quality Chicago AP

Wheat futures jumped on the Chicago Board of Trade as concerns over spring wheat quality grew. December corn and other grains gained with soybeans higher while beef and pork futures fell on the Chicago Mercantile Exchange with live cattle and hogs edging down.

Chicago Chicago Board of Trade Chicago Arcantile Exchange

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