Wall Street slides as Fitch Moody's critique hits Europe pact
U S stocks end sharply lower after Fitch and Moody's say Europe budget pact will have little short term impact. Dow falls 163 points to 12021, S&P 500 down 19, Nasdaq down 35 as volume remains light. four stocks drop for every rise on the NYSE.
MENTIONED IN THIS ARTICLE
New York
USS
Fitch
Moody’s Investors Service
Europe
Moody’s
Dow
New York Stock Exchange
Delta Adds Second Daily Cedar Rapids to Atlanta Flight
Delta Air Lines will add a second daily service between The Eastern Iowa Airport and Hartfield International, with outbound times at 6:40 and 10:30 a.m. and inbound departures from Atlanta at 9:05 a.m. and 7:20 p.m. The route has run about 88 percent capacity.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Delta Air Lines
Iowa
Atlanta
Hartfield International
Pam Hinman
MidAmerican to Buy Topaz Solar Farm in California
The MidAmerican Energy parent signs agreement to acquire the 550 MW Topaz Solar Farm from First Solar in San Luis Obispo California for an undisclosed price. The project can power about 160000 homes and ranks among the world’s largest photovoltaic plants with over 2 billion dollars in scale.
MENTIONED IN THIS ARTICLE
Des Moines
MidAmerican Energy
San Luis Obispo
Calif
First Solar Inc
California
Lowe's defends pull of ads from All-American Muslim
Lowe's will stand by its decision to yank ads from the TLC show All-American Muslim amid growing opposition. California Senator Ted Lieu weighs a possible boycott plan drawing Muslim leaders' criticism while Kal Penn urges support via a SignOn petition gathering about 9 200 signatures by Monday afternoon.
MENTIONED IN THIS ARTICLE
New York
Lowe’s
California
Ted Lieu
Twitter
Kal Penn
Signon.org
Airport seeks expansion of foreign trade zone to 28 counties
The Eastern Iowa Airport seeks to expand its foreign trade zone from 2,000 acres to cover 28 Eastern Iowa counties by next summer. The Cedar Rapids Airport Commission approved the application, which will require approval from the U S Department of Commerce Foreign Trade Zone Board under the Alternative Site Framework.
MENTIONED IN THIS ARTICLE
C. Ford
Gazette
Cedar Rapids
Eastern
Iowa Airport
U.S. Department of Commerce
Foreign Trade Zone Board
Tim Bradshaw
Iowa
Deere & Co
Waterloo
Deere
U.S
Quad Cities International
Moline
Illinois
McGrath Automotive Expands with Cedar Rapids Buick GMC Cadillac Kia
McGrath Automotive Group has acquired Buick GMC Cadillac of North Cedar Rapids and Kia of North Cedar Rapids from Lithia Motors. The Cedar Rapids region complex will be renamed McGrath Buick GMC Cadillac and McGrath Kia, with Lindsay McGrath as general manager. The move adds about 19 acres and a new training facility, retaining most staff as part of the four generations family business.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Sawatha McGrath Automotive Group
Cedar Rapids
North Cedar Rapids
Kia
McGrath Automotive Group
Interstate 380
Boyson Road
Hiawatha
McGrath Collision South
Lithia Motors
Medford
Ore
Allen Motor Co
McGrath Automotive
Chevrolet
GMC
Cadillac
Buick
Pat McGrathr
Pat McGrath
Chevyland
Dodge Country
McGrath Powersports
Westdale
Marion
Coralville
Lindsay McGrath
McGrath
Lithia
General Motors
H.B. McGrath
Eau Claire
Wis
McGrath Autom
Pat
Lindsay
Mike McGrath
Jim Federico
Detroit
Allen Motor
Fed nears plan to clarify rate direction and communication
The Federal Reserve under Ben Bernanke moves toward a clearer public policy path. A meeting today centers on a plan to regularly show how long rates will stay at low levels and when the next guidance may arrive. Analysts expect no immediate announcements, but a shift toward transparency is seen as likely after the January meeting with updated forecasts.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Ben Bernanke
Fed
U.S
Treasury
Europe
Also Mentioned on This Page
Wall Street
Delta
Second
MidAmerican
George.ford
Sourcemedia.net
David.dewitte
Sourcemedia
Treasury Notes
Zandi
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!