Wall Street dips after Fed presidents warn of rate hikes
Two Federal Reserve presidents warned of possible rate hikes cooling a Wall Street rally. The Dow fell 5.21 to 11,339.84 while the Nasdaq rose 2.27 to 2,150.02 in light trading. Delta seeks bids for 143 regional jets as Comair negotiations loom.
MENTIONED IN THIS ARTICLE
Federal Reserve
Wall Street
Chicago Fed
Michael Moskow
Atlanta Fed
Jack Guynn
New York Stock Exchange
Delta Air Lines Inc
Comair
Delta
Chicago
Dow Jones/AP
Central Bank
Piston pump plant to move jobs to Mexico
Cleveland based Eaton Corp will shift piston pump assembly from its Spencer Iowa plant to Mexico by the third quarter next year. The Spencer site employs 422 workers, with 150 laid off. Full-time staff will receive 50 days notice plus severance and job-finding assistance.
MENTIONED IN THIS ARTICLE
Iawa
Mexico
Cleveland
Ohio
Microsoft files lawsuits against cybersquatters over trademark infringement
Microsoft filed three lawsuits to combat cybersquatters profiting from pay per click ads on sites like microsoftrebate com and msnfinance com. The actions target phishing sites that imitate banks and other brands as part of identity theft schemes observed earlier this year.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Microsoftrebate.com
Msnfinance.com
Gazette and Wire Reports
Fed presidents open door to more rate hikes in caution
Chicago Fed chief Moskow warned inflation could stay too high and policy may need further tightening to steer core inflation back to the 1 to 2 percent target. Atlanta Fed chief Guynn affirmed commitment to price stability despite a cautious market tone. The Dow dipped after the remarks despite earlier gains.
MENTIONED IN THIS ARTICLE
Michael Moskow
Federal Reserve Bank of Chicago
U.S
Moskow
McLean County Chamber of Commerce
Bloomington
Til
Atlanta
Jack Guynn
Fed
Guynn
Dow Jones
Federal Open Market Committee
West Union turns vacant factory into assisted living
The former Lands End luggage plant in West Union has reopened as Stoney Brook Village Assisted Living, a 23 unit facility inside a 22 000 square foot building. Owners Scott Garvin and Rick Moser transformed the site saved at least one million in construction costs. The facility includes a hair salon library chapel lounge and ice cream parlor with a streetlike interior and a waterfront fountain area.
MENTIONED IN THIS ARTICLE
Janell Bradley
Stoney Brook Village
Cedar Rapids
Moser and Garvin
Stoney Brooke
Iowa ranks fourth in U S capital investment for 2005
Ernst & Young report shows Iowa tied with Arizona, Mississippi, Alabama and Rhode Island for fourth in national capital investment. Energy projects propel Iowa growth with ethanol and wind plans expanding investment and employment. Cedar Rapids hosts Clipper Windpower plant and utilities invest in wind energy. Rockwell Collins expands in Cedar Rapids with a new prototype facility.
MENTIONED IN THIS ARTICLE
George G. Ford
Iowa
Ernst & Young
U.S. Investment Monitor
United States
Alabama
Mississippi
Rhode Island
Arizona
Tom Neubig
Quantitative
Midwest
Neubig
Cedar Rapids
Clipper Windpower
Alliant Energy and
Mid- American Energy
Rockwell Collins
Cimmie Ave
Steering your pension with smart retirement habits
This piece urges readers to actively manage retirement funds. It notes employer 401(k) benefits, contribution limits, and potential for higher-than-expected contributions. It cites Vanguard and Consumer Federation findings on risk, costs, and planner reliance, plus a CFP check on planners.
MENTIONED IN THIS ARTICLE
Vanguard
Consumer Federation of America
Consumer Federation
Csp.net
Also Mentioned on This Page
AIR Travel
Spencer
Microsoft
1St Ave
15Th St
C.R. BP
Southwest
C.R. HandiMart
Dubuque & Market
J.C
Coralville
West Union
Rick Moser
Sumner
Garvin
Joleen
Moser
Kathryn
Lands’ End
Kathryn Moser
Joleen Garvin
Joney Brooke
Scott Garvin
Rick
Lowa
George. .Ford
Gazettecommunications.com
Associated Press
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