Wall Street slides after ADP payroll shock
Stocks fell on the last trading day of the quarter after ADP reported private employers cut 23,000 jobs in March, surprising economists who expected gains. The Dow dropped 51 to 10,856, while the S&P 500 and Nasdaq declined to 1,169 and 2,398 respectively. the quarter still posted a Dow gain of 4.1 percent.
MENTIONED IN THIS ARTICLE
ADP
Labor Department
Standard & Poor
Factory orders climb as demand buoys manufacturing
The Commerce Department reported a 0.6 percent rise in February orders, led by industrial machinery and commercial aircraft. It marks the 10th gain in 11 months, though signs suggest the manufacturing lift may be fading as the economy holds steady.
MENTIONED IN THIS ARTICLE
Commerce Department
Thomson Reuters
Auto industry fuel efficiency rules push advanced vehicles
Final rules signed by the Transportation Department and EPA require 2016 model year cars and trucks to meet 35.5 mpg combined. The EPA also sets a tailpipe CO2 standard of 250 grams per mile for 2016 vehicle sales, driving a shift to gas electric hybrids turbocharged engines and electric power.
MENTIONED IN THIS ARTICLE
Obama
Transportation Department
Environmental Protection Agency
National Highway Traffic Safety Administration
EPA
Oil prices edge up near $83 on demand outlook
Oil prices rose toward $83 a barrel as the dollar weakened and investors awaited a key government report on U.S. crude demand. By early afternoon in Europe, May delivery benchmark crude traded at $82.85 a barrel on the NYMEX.
MENTIONED IN THIS ARTICLE
U.S
Europe
New York Mercantile Exchange
NRC weighs Duane Arnold license extension in Iowa impact review
The NRC discusses a preliminary supplemental environmental impact statement on the Duane Arnold Energy Center noting small to moderate potential impacts on aquatic habitats and Cedar River uses from water withdrawal during droughts. Archaeological site protections are planned and public comments are due by April 19.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Hiawatha
Duane Arnold Energy Center
Nuclear Regulatory Commission
Hiawatha City Hall
Cedar River
NRC
Charles Eccleston
NextEra Energy
Duane Arnold
Hiawatha Public Library
NBC
Nre.gov
Adams
Duanearnoldeis
Mre
Division of Administrative Services
U.S. Nuclear Regulatory Commission
Washington, D.C
Iowa farmers plan more soybeans and less corn this year
Iowa farmers expect to plant 9.9 million acres of soybeans, up 300000 from last year, while corn acres drop to 13.5 million, down 200000. National figures project 78.1 million soybean acres and 88.8 million corn acres, with possible record yields if weather allows. Farmers and industry leaders cite strong demand and improving economy as factors shaping the plan.
MENTIONED IN THIS ARTICLE
Iowa
George C. Ford
Gazettes Combines
U.S. Department of Agriculture
Illinois
Kansas
Missouri
Ohio
U.S
Chicago Board of Trade
Iowa Corn Promotion Board
Tim Barrack
Arlington
Barrack
Kirk Leeds
Iowa Soybean Association
Leeds
Asia
USDA
Kevin Ross
Minden
Iowa Corn Growers Association Executive Board
Jim Slosiarek
the Gazette
Dick Johnson
Steve Johnson
Highway 218
Vinton
Health reform tax shifts threaten retiree drug benefits
AT&T warns it will take a $1 billion non cash charge to reflect changes in retiree drug benefit taxation under the health care overhaul. Many firms may cut or drop prescription coverage for retirees, raising Medicare Part D reliance and concerns over the donut hole and future drug costs.
MENTIONED IN THIS ARTICLE
DES Moines
America
At&t
James Klein
The
American Benefits Council
Also Mentioned on This Page
Wall Street
Auto Industry
Associated Press
NRG
David.dewitte
Gazcomm.com
George.ford