Wall Street rises as Exxon leads gains and energy boosts indices
Energy shares push markets higher with Exxon Mobil up 2.1 percent after a profitable quarter. Massey Energy jumps 9.8 percent as Alpha Natural Resources plans to acquire it. Dow gains 68 points to 11891.93, S&P up 10 to 1286.12, Nasdaq up 13 to 2700.08. In Williamsburg Ann Taylor opens a Loft Outlet at Tanger Outlet Center in April. Cedar Rapids hosts the 25th Celebration of Agriculture with New Mexico State University futurist speaker Lowell Catlett on March 9. tickets $40, due by Feb 25.
MENTIONED IN THIS ARTICLE
New York
Exxon Mobil Corp
Massey Energy Co
Alpha Natural Resources Inc
Standard & Poor
Williamsburg
Ann Taylor
Loft
Tanger
Loft Outlet
Theresa Phillips
Liz Claiborne
Coral Ridge Mall
Coralville
Cedar Rapids
New Mexico State University
Lowell Catlett
Cedar Rapids Marriott
Collins Rd
Jeanne Brandes
Oil prices top $100 per barrel for first time since 2008
Brent crude settles at $101.01 on ICE Futures London while WTI climbs to $92.19 on NYMEX. Market nerves rise over Egypt unrest and potential Middle East supply disruption. Brent trades above US WTI as it has for months.
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New York
Egypt
Middle East
Brent
ICE Futures Exchange
London
Asia
Europe
U.S
West Texas Intermediate
WTI
New York Mercantile Exchange
Alliant rate decision under scrutiny in Iowa rehearing request
Iowa consumer advocate asks the Iowa Utilities Board for a rehearing on Alliant Energy rate increases claiming a $6.3 million miscalculation in the board order. The motion says final calculations disallowed 23.75 percent of investments, not 47.5 percent, boosting electric ratepayer costs by about $278,647 annually.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar Rapids
Towa
Iowa Utilities Board
Alliant Energy
Alliant
Interstate Power & Light Utility
Office of
Consumer Advocate
Sixth Street
Enue
Iowa
David.dewitte
Soursemedia.net
Smaller cheaper trends reshape fitness industry nationwide
The rise of boutique and small health clubs changes the gym landscape as budget gains and work life improve. Studios like Art of Strength in West Bloomfield and Core Sport in Plymouth grow with focused workouts, staffing, and shared accountability, while US gym totals rise from 15,372 in 2000 to 29,750 in 2010.
MENTIONED IN THIS ARTICLE
Zlau Meyer
Detroit Free Press Etroit
West Bloomfield
Mich
Michael Knight
Jaime White
Pirates Fitness
Plymouth
White
United States
International Health, Racquet & Sportsclub Association
Bonnie Knutson
Michigan State University
Consumer spending ends 2010 with strong rise and December boost
Americans finished 2010 with robust spending up 3.5 percent for the year and 0.7 percent in December. Incomes rose 0.4 percent in December, with the savings rate easing to 5.3 percent after tax income, signaling continued consumer resilience ahead of expected Social Security tax cuts.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Paul Dales
U.S
Capital
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Wall Street
Ann Taylor Loft Outlet
Tanger Mall
Futurist
Allianz
Detroit Free Press
Krista Bisoski
Macomb Township
The
Lifetime Fitness
Shelby Township
Kurt Etzkorn
Northville, Mich
Sport Pirates Fitness
Vanessa Renzi