Wall Street Holds Gains Amid Mixed Economic Outlook
The Dow fell 18.90 to 10,452.68 while the S P 500 edged up 0.38 to 1,109.24 and the Nasdaq rose 9.22 to 2,185.03 as a positive Federal Reserve assessment offset declines in bank and energy shares. General Growth Properties plans to restructure about 9.7 billion in debt, enabling 92 properties to emerge from bankruptcy by year end. ShopperTrak reports three day holiday weekend retail sales up 1.6 percent from last year at 20.5 billion, with traffic down 1.1 percent. Fritz Henderson resigns as GM CEO amid board turmoil. Ed Whitacre Jr. named interim CEO as a global search begins.
MENTIONED IN THIS ARTICLE
Federal Reserve
Standard & Poor
General Growth Properties Inc
General Growth
Chicago
Coral Ridge Mall
Coralville
Real Estate Investment Trust
U.S
ShopperTrak
Fritz Henderson
Henderson
Ed Whitacre Jr
At&t Inc
Los Angeles
Cedar Rapids BRAVO awards honor local firms and groups
Cedar Rapids area Chamber of Commerce honors CAST International Informatics Van Meter Industrial and three other entities at the Good Morning Cedar Rapids breakfast. Serve the City Jump Start and others are cited for community service and flood relief efforts. 650 guests attended at the Crowne Plaza Five Seasons Hotel.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Cedar Rapids Area
Charles Daugherty
Daughterty
Theresa Bornbach
Jump Start
Bornbach
Rystal LaGiudice
the Gazette
Maureen Osaka
Informatics
Cedar Rapids Area Chamber of Commerce
Crowne Plaza
Five Seasons Hotel
Jane Pini
Mechanicsville
SPT Theatre Company
Chamber of Commerce
Crowne Plaza Five Seasons
Crst International, Informatics
van Meter Industrial
FDIC study finds many Iowa households banked yet underserved
A Federal Reserve FDIC study shows 5 percent of Iowa households lack bank accounts while about 17 percent have accounts but use nonbank services. Nationwide 25.6 percent are unbanked or underbanked. Minority and low income households are disproportionately affected.
MENTIONED IN THIS ARTICLE
George C. Ford
Sc Gazette
Iowa
Federal Deposit Insurance Corp
ALICA
FDIC
Sheila Bair
Bair
Martin Gruenberg
Mediacom asks FCC to intervene in Sinclair dispute
Mediacom seeks an interim FCC order to prevent Sinclair from blocking CBS 2 and Fox 28 Cedar Rapids programming during talks on a new retransmission pact. The filing accuses Sinclair of bad faith bargaining by mending stations it owns with others under local marketing agreements.
MENTIONED IN THIS ARTICLE
Mediacom
FCG
Sinclair
Dave DeWitte
Cedar Rapids Mediacom
Federal Communications Commission
Sinclair Broadcast Group
CBS 2
Fox 28
Cedar Rapids
FCC
Media
Com
Thomas Larsen
Larsen
Barry Faber
KGAN
Peter Paisley
Nent
Comcast
National Cable Television Association
The
American Cable Association
Also Mentioned on This Page
Wall Street
GM Board
Associated Press
Chamber
Wil International
Smith
Osaka
Barry Boyer
Van
Boyer
George
Ford
Gazcomm.com
John Smith
Edar R
Barry Boyer van Meter
Lawat
Avid
Dewitte
Gazcomm