Wall Street slips on energy fears and growth worries
Stocks fell after renewed concerns of a market overrun and a drop in oil prices hurting energy shares. The Dow dropped 72 to 10 898, the S&P 500 slid 7 to 1 182, and the Nasdaq fell 6 to 2 431. The Cedar Rapids Chamber seeks mentors for flood recovery efforts, inviting professionals with sales, turnaround, and financial skills to volunteer at least two hours weekly for a year. For details, contact Bob Harschnek at 319 730 1414 or bharschnek cedarrapids.org.
MENTIONED IN THIS ARTICLE
Standard & Poor
Cedar Rapids Area
Bob Harschnek
Bharschnek
Cedarrapids.org
Monsanto Reports 19 Percent Quarterly Profit Drop
Monsanto Co the world s largest seed maker said profit fell 19 percent in the second quarter as Roundup price stagnation and generic competition depressed earnings Sales dropped 351 million or 35 percent Farmers show reluctance to pay premium for new biotech seed lines despite higher costs
MENTIONED IN THIS ARTICLE
Monsanto Co
GM aims to repay loans early and return to profit
General Motors plans to pay off government loans by 2015 five years ahead of schedule and may post a profit this year. The automaker reported a 2009 fourth quarter loss of 3.4 billion on 32.3 billion revenue, while noting rising sales and U.S. market share since early 2010 after bankruptcy exit with a July to December loss of 4.3 billion on 57.5 billion.
MENTIONED IN THIS ARTICLE
General Motors Co
U.S
Mortgage rates jump above five percent as buyers rush
Rates rise from 5.0 to 5.3 percent in a week, pricing many buyers out of the market. Analysts warn rates could reach 6 percent next year, threatening the housing rebound as buyers scramble to lock in mortgages now.
MENTIONED IN THIS ARTICLE
Washington
Craig Streat
Apex Home Loans
Bethesda
National Association of Realtors
U.S
Federal Reserve
Fed
Is management right for you in tough economic times
The piece weighs whether leadership suits an employee, noting the higher hours and accountability. It cites Lynn Berger on duties beyond a raise, and Dea Robinson who finds growth in mentoring and people management. It also covers hiring, firing, evaluations, and handling disruptions, with advice to seek training and HR resources.
MENTIONED IN THIS ARTICLE
Enver
Lynn Berger
New York City
Dea Robinson
Englewood
Colo
Denver
Elaine Varelas
Keystone Partners
Boston
Future leaders attend C R FBLA conference in Cedar Rapids
More than 500 high school students converge in Cedar Rapids for the 64th Iowa FBLA Leadership Conference at the Crowne Plaza Five Seasons. Students from across the state compete in events such as accounting finance marketing and web design while also raising funds for March of Dimes.
MENTIONED IN THIS ARTICLE
Mie Gazette
Cedar Rapids
Microsoft
Bill Gates
Mary Kay Ash
Iowa Future Business Leaders of America
Crowne Plaza Five Seasons Hotel
Dana Lampe
Linn-Mar
Marion
Lampe
Iowa
FBLA
Future Business Leaders of America
Phi Beta Lambda
Hamden Forkner
Columbia University
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Wall Street
C.R. Chamber
Monsanto
Auto Industry
Tess, Vazette
Joann Weber
Midtown Realty
Palo Alto
Calif
Robinson
C.R
George
Ford
Gazcomm.com