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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 24, 2009

Page

19

Alliant seeks phased rate hike plan amid criticism

The Gazette reports Alliant Energy backed a wait of one year on a 16.6 percent rate increase amid public and regulator scrutiny. A 7 percent temporary rise already is in effect with a public hearing set for 5 30 p m at Kirkwood Training Center in Marion to discuss the proposal and its impact on residential customers.

Alliant Alliant Energy Iowa Utilities Board Kirkwood Training and Armor Dr Marion Allianz Iowa ITC Midwest Whispering Willow Druthers Tom Aller Interstate Power & Light Gazette David.dewitte Gazcomm

GM to Cut Production and Shut Plants Nationwide

General Motors will temporarily close 13 U S and Mexico assembly plants starting in May for up to 11 weeks to trim inventory. The cuts affect over 26 000 hourly and salaried workers with layoffs and severance, as production drops by 190 000 vehicles and inventory aims to drop from 767 000 to 525 000 by July end. Troy Clarke notes salaried workers will receive partial income and unemployment benefits.

Detroit General Motors Corp U.S Mexico North America GM North America Troy Clarke

Microsoft posts first revenue drop in 23 years

Microsoft reports a 32 percent quarterly profit decline to 2.98 billion or 33 cents per share for the fiscal third quarter ended March 31, missing Thomson Reuters forecasts. The Redmond company slashed 5,000 jobs and plans merit-pay freezes next year, with 290 million severance and 420 million write downs affecting results.

Iowa AMEX Nasdaq Treasuries Montrago Adc Agco NY Hapt Pro NY PiperJat Citigrp Microsoft Atat Inc GoldStrg Heinz NY Oilsands G Intel Alcoa Aegon NY Hewlett P PrinFrel NY DirxFinBear SunMicro NY Prushs&p NY Argo NwGold G eBay AlliBern NY HomeDp Proultsp NY R Friel NovaGid G Cisco AlliantEgg NY Honclint Proushtre NY ProultFin Grtbasg Oracle Rose Allstate NY HostHodls NY Proushifn NY Fordm Barcgsoil Yahoo Altria Ishemkts NY ProUniFin NY Taseko Apple Inc Ameren Genelec AEP Ishrest ITC Hold Provet G Intel Nasd Prudents NY NET Annaly Intermec NY QwestCm IBM Montrago ArchDan Ralcorp Bb&t Cp NY Raytheon NY Lehman Long T Bd BP PLC Jpmorgch NY JohnJn NY RedRobin Nasd Dow Industrials BP Pro Dow Transportation Muni Idx Khdhumb NY Dow Utilities EkotAm NY Kindmm Ony RockwlAut NY Nyse Composite Lehman US Aggregate BerkHa A Kohls RockColl Berkh B Kraft NY SLM Cp Best Buy NY KrispKrm NY Saks NY Moodys Aaa Corp Idx BikHillsCp NY LSI Gorp NY SchergPt NY BonTon Nash Lvsands NY SealAir NY S&p MidCap Gmoago Lehman US Corp BrlySq NY LeeEnth NY Russell 2000 1YRAGO KBW Bank CIT Gp NY Darden Mediacom Microsoft NASA Targat Midwone NASA Terex Disney NY Molscoorb Tarra NY Danidson Monsanto NY ThermoFis Usaa Money Market Fund Dufpac MorgStan eBay NASA Mylan Nash Toyota Dreyfus Basic NJ Muni Tyson NY EMC Cp Edisoniat NorfikSo Ufirec Nash US Banerp NY Energizer NY Oneok NY US Cellular NY FPL Grp NY Oracle Nash Valeroe NY Fastenal Alburnett Fiserv Nash ParkNail Annex Walgrn Penford FootLocks Pearson Wells Fargo Cargill Ford NY Penney NY Winnigo GenMills NY PepsiCo Yahoo Nash Linn Co-op Oil Co Marion Seattle Microsoft Corp Wall Street Redmond Thomson Reuters Best Buy Mountain View Calif

Government to educate unemployed on debit card fees

The Labor Department will launch a national education program to help jobless workers avoid card access fees while collecting unemployment benefits via bank issued debit cards. It will not rescind existing contracts allowing banks to charge up to 25 per card.

Washington U.S. Department of Labor Citigroup Inc Bank of America Corp Jpmorgan Chase U.S. Bancorp

DeLong Sportswear Closes Grinnell Plant Abruptly

DeLong Sportswear in Grinnell has closed with little notice, stunning local officials. The 150 year old company also shut its Albia and Ottumwa locations, leaving about 130 Grinnell workers without guidance as Iowa Workforce Development coordinates a community meeting for affected staff.

Grinnell DeLong Sportswear Albia Ottumwa Kerry Koonce Iowa Workforce Development DeLong Bill Menner Poweshiek Development

Also Mentioned on This Page

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