Originally created 02/09/02

Business briefs



MARKETS

Wall Street ends week on high note

NEW YORK - Investors finally found a reason to go back to Wall Street Friday - irresistible prices following five straight days of selling. Stocks posted solid gains, lifting the Dow Jones industrials up more than 100 points.

But analysts don't expect the gains to last given investors' fears about corporate bookkeeping and profitability.

BRIEFLY

Toasters recalled

WASHINGTON - About 2.1 million Black & Decker brand toasters are being recalled because they can fail to shut off and could start fires, the Consumer Product Safety Commission said Thursday.

The recall includes two-slice and four-slice VersaToast wide-slot toasters. The toasters, which come in white or black plastic, have model number T1200, T1250, T1400 or T1450 written on the bottom.

AROUND TOWN

Grants available for charitable organizations

Augusta's International Paper mill is accepting applications from nonprofit, charitable organizations interested in receiving grants from the International Paper Foundation. The applicants must be classified as 501(c)3 organizations. For more information or to receive an application, call (706) 796-5702.

Chamber meeting

Georgia Chamber of Commerce CEO Lindsay Thomas will speak to the Augusta Kiwanis Club Monday at 12:15 p.m. at the Augusta-Richmond County Civic Center about his insights on the legislative session and economic development initiatives.