August Retail Slump Hits Major U.S. Chains
New York AP reports back to school sales did not lift large retailers as consumers worry about jobs and volatility. Wal Mart Target and Kohl’s posted results below expectations while department stores show weak same-store sales. analysts cite cautious spending and cooling weather.
MENTIONED IN THIS ARTICLE
New York
Worle
Ss Flave
Wal-Mart Stores Inc
Target Corp
Kohl's Corp
Wall Street
Richard Jaffe
UBS Warburg Securities
Jaffe
Corporate sponsors dominate Antietam reenactment event
At Antietam near Sharpsburg Maryland a Civil War reenactment will feature corporate sponsorship from F&M Bank Salomon Smith Barney PepsiCo Allegheny Energy and Antietam Cable among others. The event highlights Bloody Lane and a dawn clash in the Cornfield with lavish pyrotechnics while organizers say sponsorship funds exceed 140000 to support more realistic battles and battlefield preservation efforts.
MENTIONED IN THIS ARTICLE
Hagerstown
Bloody Lane
F&m Bank
Antietam
Cornfield
Antietam Cable
3Rd New Jersey Volunteer Infantry
LeBoeuf
Dennis E. Frye
Don Sarrelson
Virginia Beach
American Living History Society
3Rd Georgia Regiment
George Lomas
Tysburg
Lomas
Antietam Creek
Sharpsburg
Gettysburg
Abraham Lincoln
Artz Farm
More students use credit cards in college life
Washington reports rising credit card use among undergraduates with 83 percent holding cards last year, up from 67 percent in 1998. Four or more cards grew from 27 to 47 percent, while 44 percent carried a balance in 1999-2000 with an average debt of $3,066 amid calls for congressional action.
MENTIONED IN THIS ARTICLE
Washington
Congress
Ellen Frishberg
Johns Hopkins University
Senate Banking Committee
Nellie Mae
Education Department
Robert Manning
Rochester Institute of Technology
Beware of plastic debt on college campus
An increasing number of students use credit cards to pay for purchases raising debt risk. Forty four percent carried a balance with an average debt of three thousand and sixty six dollars. Banks target freshmen more than before implying early debt burdens and possible higher dropout rates.
Market slides on weak reports
New York AP reports a broad market decline as weak economic data and fears of war weigh on investors. Dow Jones fell 141.42 to 8288.70, Nasdaq dropped 41.28 to 1251.03, with productivity growth at 1.5 percent and retail sales disappointing, while 9/11 and Iraq tensions added nerves.
MENTIONED IN THIS ARTICLE
Holiday
Tad Shepperd
ShopperTrak Act
Cal
New York
Wall Street
Joseph Keating
AmSouth Asset Management
Birmingham
Ala
Dow Jones
Dow
Iraq
Scott Bleier
Hybridinvestors.com
U.S
Labor Department
Oil prices rally as U S supplies drop on Iraq war fears
Oil and refined product futures rose sharply as U S crude stocks fell dramatically and oil traders cited possible supply disruption tied to President Bush's push against Saddam Hussein. Brent and U S futures posted solid gains on stronger inventories and geopolitical anxiety.
MENTIONED IN THIS ARTICLE
American Petroleum Institute
U.S
Bush
Saddam Hussein
Congress
Recording industry vs Verizon privacy battle tests subpoenas
The recording industry seeks to force Verizon to reveal a user tied to copyrighted music downloads. Verizon and privacy groups argue discovery would undermine user privacy and rely on the 1998 Digital Millennium Copyright Act to shield providers from such actions.
MENTIONED IN THIS ARTICLE
Verizon Communications Corp
Verizon
Ers
Capitol Hill
Justice Department
RLAA
Deutsch
Also Mentioned on This Page
Uss Warburg Securities
Niemira
Michael Niemira
Bank of Tokyo- Mitsubishi Ltd
Bank of Tokyo-Mitsubishi Ltd
Don Harrelson
The
Nether Mae
Department of Education
Manning
Dow Jones News Service
Dow Jones News
New York Mercantile Exchange
Record Industry
Verizon In Privacy Battle
Washington Post
U.S. District Court
Wk Cad
Ablmas WU
Uday En Clad Deutsch
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