Quilts and Kreations Sells Bicentennial Barn Square
South Amherst based Quilts and Kreations sells a $6.99 bicentennial barn quilt square based on Judith Kirby watercolor, licensed by the Ohio Bicentennial Commission. The shop, Lorain County’s only seller of bicentennial products, has sold about 500 squares and also offers quilting supplies and Bernina machines.
MENTIONED IN THIS ARTICLE
South Amherst
Sandusky
East Main Street
Lorain County
Judith Kirby
Ohio
Perkins Avenue
Sandie Whitaker
Ohio Bicentennial Commission
Quilts and Kreations
Whitaker
National Quilt Association
Columbus
Gene Krebs
Chronicle
Union Rejects Goodyear Contract Offer
AKRON AP The United Steelworkers rejected Goodyear Tire & Rubber Co. latest contract offer after talks broke down in June. Goodyear spokesman Chuck Sinnclair said the offer was unacceptable and union leaders will study it before a counterproposal. Goodyear seeks $1 billion to $1.5 billion cost cuts by end of 2003 and may sell non-tire units. The 16,000 employees at 14 plants are affected. Goodyear posted a $1.1 billion loss in 2002 and extended the contract past April 19.
MENTIONED IN THIS ARTICLE
AKRON
United Steelworkers of America
Goodyear Tire & Rubber Co
Goodyear
Chuck Sinclair
Union
Stocks rise on sales and jobs reports despite cautious gains
Stock indexes mostly higher after upbeat retail and productivity data. Dow up 64.71 to 9126.45 while Nasdaq slips and S&P 500 gains. Labor Dept shows Q2 productivity at 5.7 percent, jobless claims fall to 390,000. Investors warn second-half earnings may not meet lofty expectations.
MENTIONED IN THIS ARTICLE
New York
Scott Wren
A.G. Edwards & Sons
Standard & Poor
Dollar slides as yen rebounds amid weak dollar trend
The dollar fell sharply against the yen while other major currencies edged higher with the euro at 1.1374 and the British pound at 1.6189. Analysts note a yen comeback driving a broad dollar decline as stocks rally on strong July retail results from Wal-Mart, Best Buy, and Gap, boosting earnings outlooks.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Wall Street
Wal-Mart
Best Buy
Gap
Mortgage rates rise for seventh straight week in Freddie Mac report
Freddie Mac reports the benchmark 30 year mortgage at 6.34 percent for the week ending Friday, up from 6.14 percent, the highest since August 2002. The 15 year loan climbs to 5.66 percent, its peak since October 2002, as signs of improving economy push fixed rates higher.
MENTIONED IN THIS ARTICLE
Chicago
Freddie Mac
Frank Nothart
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