Unemployment Drop Lifts Markets With Big Gains
Wall Street surged as July unemployment fell and job losses slowed, lifting major indexes. The Dow climbed 113.81 to 9370.07, the S&P 500 added 13.40 to 1010.48, and the Nasdaq rose 27.09 to 2000.25 as bond yields rose.
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Treasury
Oil Ends Higher as Gas Prices Climb to New Peak
Oil prices rose on fresh evidence the economy is emerging from recession. Benchmark crude for September delivery settled at 70.98 a barrel after a $1.01 drop, while retail gas prices increased nearly every day since July 22 to a national average of 2.628 per gallon, nearing the summer peak of 2.69.
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New York Mercantile Exchange
Auto Club Aaa
Wright Express
Oil Price Information Service
AIG Posts First Profit Since 2007 Amid Ongoing Restructuring
American International Group Inc reports 1.82 billion in the April-June quarter, aided by asset rebound, but warns core insurance metrics fell under recession. The insurer says unwinding 1.3 trillion dollars in derivatives will take time and results will be volatile as it restructures. It plans to sell businesses to repay the government loan, revising the plan to reflect weaker markets and aiming to maximize long term value.
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American International Group Inc
AIG
Governors seek federal help for pork producers
Iowa Governor Chet Culver and nine pork producing states urge the Obama administration to buy an extra 50 million in pork for government programs and lift spending caps to buy more surplus products. They also urge China to lift its pork import ban amid H1N1 concerns.
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Charlotte
Iowa
Culver
China
U.S
Apples aplenty in Iowa season despite wildcards
Growers celebrate a strong apple harvest with a perfect storm of favorable weather. Paul Rasch of Wilson's Orchard says the crop is the best of all time, aided by cool July nights and a benign wind storm. Rasch, a fourth generation grower, operates 55 acres with 120 varieties between Wilson's Orchard and Fox Ridge Farm. Other Eastern Iowa orchards opened as Wilson's began Aug 1. Maury Wills leads Iowa agriculture efforts.
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Brian Ray
the Gazette
Gage Carson
Kalona
Wilson's
Iowa City
Cindy Hadish
Gazette
Iowa
Paul Rasch
Wilson
Rausch
Rasch
Michigan
China
Joyce
Chug Wilson
Wilson’s
Maury Wills
Iowa Department of Agriculture
Wilson's Orchard Opens Season At Iowa City Farm
Wilson's Orchard at 2924 Orchard Lane NE Iowa City invites visitors daily 10 a.m. to 7 p.m. through October. Phone number 319 354 5651 and www wilsonsapples com for details.
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Orchard Lane
Iowa City
Wilsonsapples.com
Allen's Orchard Seasonal Hours Noted in Marion Listing
Allen's Orchard at 5801 N 10th St Marion operates 9 am to 5 pm Thursdays through Saturdays and 10 am to 4 pm Sundays through October. Contact (319) 377-1408 or visit www.allensorchard.com for apple growing details and guidance from Iowa's Department of Agriculture and Land Stewardship on diversifica tion and market development for orchard owners.
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10Th St
Marion
Allensorchard.com
Iowa Department of Agriculture and Land Stewardship
Agriculture.state. Ia
Mediacom to raise Iowa rates by 2 to 6 monthly
Mediacom will raise monthly rates across Cedar Rapids and most Iowa communities by 2 to 6 dollars. Broadcast Basic goes to 25.95 and Expanded Basic to 37. Family Cable to 62.95. Mediacom Online with video or phone rises to 47.95, without to 62.95.
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We Gazette
Cedar Rapids
Mediacom
Iowa
Phyllis Peters
Peters
Big Ten
Fox News
Johnson County
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Hills Bank
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Dave Moody
Nevada
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Moody
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Neil Dierks
National Pork Producers Council
Nebraska
Illinois
Michi
Gan
Wisconsin
Kentucky
Colorado
North Carolina
Oklahoma
Chareby
Aol
Fox Ridge Farm
Just
Land Stewardship’s Agricultural Diversification and Market Development Bureau
David. Dewitte
Gazcomm.com