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Business

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    Almost 200 jobs are in jeopardy as an Illinois-based lawn and garden company negotiates its sale, according to a filing with the Indiana Department of Workforce Development.Country Stone Holdings Inc.
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    DALLAS – Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.
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Dow closes at all-time high

NEW YORK – The Dow has closed at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.

The Dow Jones industrial average settled at 14,253.77 points, a record high, up 125.95 points, or 0.9 percent.

The Dow Jones industrial average rose 126 points, or 1 percent, beating its previous record by 89 points.

The index is up nearly 9 percent this year, capping a remarkable comeback. The Dow has more than doubled since hitting a 12-year low in March 2009.

The Standard & Poor’s 500 index rose 14 points, or 1 percent, to 1,539. The S&P is also within striking distance of its record close of 1,565.

The Nasdaq gained 42 points, or 1.3 percent, to 3,224.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.3 billion shares.

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