Wall Street gains for second week
Wall Street ended mixed as investors took profits in blue chips and bought tech shares. The Dow fell to 8778.06, Nasdaq rose to 1361.01, and S&P slipped to 928.77, marking a second weekly advance for all three indices. Targets included Dell, Texas Instruments, and others.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Larry Wachtel
Prudential Securities
Dow
Standard & Poor
S&p
Kevin Caron
Ryan
Beck & Co., LLC
Target
Itve
Texas Instruments
Dell Computer
New Dunkin and Baskin Robbins joint store opens in Lorain
A combined Dunkin Donuts and Baskin Robbins will occupy the northwest corner of Cooper Foster Park and Leavitt roads on Lorain’s west side, replacing a former Leavitt location. The store opens August 26 and marks the Cleveland area as the first developmental market for the concept.
MENTIONED IN THIS ARTICLE
Lorain
Dunkin’ Donuts
Baskin-Robbins
Cooper Foster Park
Leavitt Roads
SuperKmart
Cleveland
Ing
Leavitt Road
Schroader
Inflation cools in July with selective price relief
Consumer prices rose a modest 0.1 percent in July, aided by cheaper clothing and air fares while motorist costs and medical care crept higher. Housing construction fell 2.7 percent, mortgage rates slid to 6.22 percent, and consumer sentiment dipped as inflation remains tame amid a fragile recovery.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Federal Reserve
Alan Greenspan
Fed
Richard Yamarone
Argus Research Corp
Commerce Department
Freddie Mac
Michael Carliner
National Association of Home Builders
University of Michigan
Mark Witner
Wachovia Securities
Airlines restructuring may trim flights and lift fares
With US Airways bankruptcy filing and American and United weighing major overhauls, carriers plan fewer flights and tighter costs. Some experts expect modest fare increases while low fare rivals keep pressure, and travelers may face longer layovers but steadier baggage arrival.
MENTIONED IN THIS ARTICLE
American Airlines
Tom Parsons
Bestfares.com
US Airways
American
United Airlines
Southwest Air Lines
JetBlue Airways
AirTran Airways
Parsons
John Q
Henry Harteveldt
Forrester Research
Harteveldt
Texas revokes Arthur Andersen license in Texas
The Texas State Board of Public Accountancy unanimously revoked Arthur Andersen's license to practice in Texas for obstructing justice in the Enron case. The Chicago firm agreed to the license revocation and a $1000 fine, amid fallout as Enron collapsed and Andersen lost clients and wound down operations in Texas.
MENTIONED IN THIS ARTICLE
Texas
Arthur Andersen
Austin, Texas
Enron
Texas Accounting Profession
Andersen
K. Michael Conaway
Texas State Board of Public Accomptancy
Houston
Fierc
LTT
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Rocker
La-Z-Boy
Qualin
Chevren
Fenarest
Abe
Es Amherst
Amherst
Cooper Foster Road
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