Shipping deal averts East Coast port strike with 30 day extension
The International Longshoremen's Association and the U S Maritime Alliance reached a principle agreement to extend the contract by 30 days to finish details including royalty payments tied to container cargo tonnage. The plan preserves eight hour day and lashing crew debates while avoiding a crippling labor action.
MENTIONED IN THIS ARTICLE
U.S
International Longshoremen’s Association
United States
U.S. Maritime Alliance of Shippers
Federal Mediation and Conciliation Service
ILA
USMX
Benny Holland
Alliance
Maritime Alliance
Port of Boston sees union shippers avert strike as contract nears expiry
A truck driver observes a freight container being lowered at the Port of Boston as the longshoremen's union and shippers reach an agreement. The tentative pact prevents a strike that would have started with the contract expiring today.
MENTIONED IN THIS ARTICLE
Port of
Boston
Hydrite gets up to 300000 in Iowa tax rebates for Waterloo expansion
Iowa Economic Development Authority approves incentives totaling 300000 for Hydrite Chemical Co to expand its Waterloo plant. The 8.88 million project aims to raise production, create nine jobs, and retain one, with tax credits and tax refunds built into a 1.1 million site prep and building cost plus 6.7 million equipment. Construction begins in early 2013.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Economic Development Authority Board
Hydrite Chemical Co
Waterloo
Hydrite
Iowa
California
Illinois
Indiana
Wisconsin
Dave Bernstein
IEDA
Banks urge staying the course as fiscal cliff looms
Iowa bankers say business and personal clients should not rush big changes amid the fiscal cliff stalemate. They note low interest rates may persist through 2014, with inflation risks and higher taxes possible. Concerns focus on planning uncertainty, debt levels, and limits on deposit yields affecting small businesses and hiring.
MENTIONED IN THIS ARTICLE
Congress
White House
Iowa
Gary Bartlett
Onward Bank & Trust
Cedar Rapids
Marion
Monticello
Baldwin
Cascade
Onslow
Bartlett
Federal Reserve
Michael Dunn
F&m Bank
Anamosa
Manchester
Vadnais Heights
Minn
Sageworks
U.S
Brian Hamilton
November nonfarm jobs dip 1300 across Iowa City area
The November report shows 1300 fewer nonfarm jobs statewide with a 3.2 percent unemployment rate. Iowa City MSA lost 1100 jobs from October, driven by a 1000 drop in the service sector while Cedar Rapids added 800 in Waterloo Cedar Falls up 800.
MENTIONED IN THIS ARTICLE
Iowa City
MSA
Iowa
Cedar Rapids Msa
Ames
Des Moines
Dubuque
Sioux City
Waterloo
Cedar Falls
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Federal Deposit Insurance Corp
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George Ford
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