Wall Street rallies as Bernanke signals recovery
The Dow Jones Industrial Average jumps 155 points to 9505.96, the S and P 500 climbs to 1026.13, and the Nasdaq reaches 2020.90 as investors embrace Bernanke's optimistic view. Former Iowa congressman Jim Leach resigns from United Fire & Casualty Co. board in Cedar Rapids to join the National Endowment for the Humanities.
MENTIONED IN THIS ARTICLE
Federal Reserve
Ben Bernanke
Standard & Poor
Iowa
Jim Leach
United Fire & Casualty Co
Cedar Rapids
Leach
National Endowment For the Humanities
U.S
House of Representatives
United Fire Board
United Fire
Monsanto layoffs hit Williamsburg seed plant in restructuring
Monsanto trims 900 jobs worldwide in a restructuring announced with its June earnings report. Workers at the Williamsburg seed processing plant will be laid off with some remaining on payroll until Oct 23. Severance includes six to 15 months salary, a 3000 education aid payment, continued coverage and outplacement help. The Williamsburg operation was acquired in 1997 in a 1 billion deal with Holden’s Foundation Seeds.
MENTIONED IN THIS ARTICLE
Monsanto
Williamsburg
Kelli Powers
Powers
Holden’s Foundation Seeds Inc
Iowa unemployment rises to 6.5 percent in July
Iowa jobless rate climbs to 6.5 percent in July from 6.2 percent in June, with durable goods manufacturing shedding 4,800 jobs. Total non farm payrolls dip to 1.478 million as manufacturing, professional services, and construction lead annual losses. Economic forecasts suggest layoffs may slow in Q3.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Iowa
North Dakota
South Dakota
Braska
Wyoming
District of Columbia
Mich
Igan
Elisabeth Buck
Going strong at 30 Ine Gazette EDAR RAPIDS
In Cedar Rapids the Professional Women's Network formed in 1979 and remains active. Founding mothers Jean Kruse Liz Sparks and Carolyn Stephens recall early barriers while current members meet monthly for networking speakers and meals. The group incorporated in 1980 and runs a scholarship fund and adopt-a-cause program. The 30th anniversary meeting will be held at Cedar Rapids Country Club.
MENTIONED IN THIS ARTICLE
Ine Gazette Edar Rapids
Cedar Rapids
Jean Kruse
Kruse
Liz Sparks
Carolyn Stephens
PWN
Liz Beuter
TrueNorth Cos
Ing
Shelley Woods
Huston
Edu
Cedar Rapids Country Club
27Th St. Drive
Lori Franz
Jackie Hager
la Porte City
Professional Women’s Network
Helen Gomez
Anamosa
Rockwell CEO backs NextGen funding for air traffic control
Rockwell Collins chairman Clay Jones urged federal support for modernizing aviation with NextGen satellite based air traffic control. He argued stimulus money should favor aerospace rather than short term industry fixes and noted the potential to cut emissions and accelerate modernization to 2015.
MENTIONED IN THIS ARTICLE
Rockwell
Gazette
Cedar Rapids
Rockwell Collins
Clay Jones
Washington
Marion Blakely
Aerospace Industries Association
the Gazette
Jones
Blakely
America
NextGen
Blake
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Wall Street
Bernanke Stokes
United Fire Board of Directors
FUE Company
Hillsbank.com
David. Dewitte
Gazcomm.com
Gayla Huston
Houston
Jan Clarke
Freeter
Clay Jones Rockwel Collins
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