Wall Street ends shaky quarter with modest gains
Major indices finish higher after a choppy session led by the Dow up 0.9 percent to 7,957. S&P 500 adds 1 percent to 851.92 and the Nasdaq rises 0.4 percent to 1,652.21.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 24, 2009
Page
20
Major indices finish higher after a choppy session led by the Dow up 0.9 percent to 7,957. S&P 500 adds 1 percent to 851.92 and the Nasdaq rises 0.4 percent to 1,652.21.
Union confirms Midland Forge plans to shut its Cedar Rapids plant after 66 years and move operations to Chattanooga Tennessee under Columbus McKinnon Corp. Local 831 negotiates severance and benefits for 105 active and 48 on layoff workers as talks proceed. Governments and officials seek to preserve jobs.
Cedar Rapids designer Sonya Darrow showcases a Secondhand style collection at the Recycle in Style Earth Week Fashion Show at MidAmerican Aerospace. The event features seven outfits under seven dollars sourced from Salvation Army and Goodwill with models from resale shops. It promotes local reuse and diverts waste, with free passes from the Solid Waste Agency.
The Cedar Rapids agency partners with MidAmerican Aerospace Capri College Curtain Call Consignment Diva Dudz Elegant Repeats Elegant Bridal Salvation Army Stuff Etc and Washington High School Environmental Club for Earth Week fashion show. Darrow cites economic pressure reuse movement and arts funding as drivers of thrift store shopping growth.
A parent explains how local and state sales taxes fund city services through a child in a civics lesson. The dialogue covers why taxes appear on receipts, how tax rates are set and voted on, and the contrast with online shopping not collecting sales tax.
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