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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 02, 2010

Page

12

Wall Street Gains Ground on Economic Recovery Hopes

Stocks rose with the Dow at 10,185.53 up 118.20 points and the S&P 500 at 1,089.19 up 15.32 as manufacturing activity in January reached its strongest level since 2004. The ISM index stood at 58.4 with six straight months of expansion and higher new orders.

Standard & Poor America Institute For Supply Management Thomson Reuters

Obama seeks SEC budget boost for enforcement growth

President Barack Obama requests nearly 1.3 billion for the Securities and Exchange Commission starting October 1, a 12 percent rise to expand staff to 4190 and add 100 enforcement positions to tackle fraud and market manipulation after Madoff losses. Gannett posts a quarterly profit as one time costs fall and ad declines ease, yet shares drop about 8 percent.

Barack Obama Securities and Exchange Commission Congress SEC Bernard Madoff Gannett Co U.S Gannett Wall Street

Improving Iowa economy shown in December indicators

The Iowa Leading Indicators Index rose to 95.8 in December from 95.1 in November, marking the third consecutive monthly gain. All eight components aided the rise, including manufacturing hours, new orders, stock market index, housing permits, unemployment claims, yield spread, diesel use, and agricultural futures.

George C. Ford Gazette Iowa Treasury Iowa Department of Revenue Gazette Graphic

Iowa Leading Indicators Index Outlines Forecast Method

The Iowa Leading Indicators Index is described as a tool to forecast the likely future direction of economic activity in Iowa. The construction methods mirror The Conference Board’s approach to the national Leading Economic Indicators Index, with contact information for George Ford.

Iowa Conference Board

Debt-collection giant Mann Bracken collapses amid arbitration ties

The Rockville based firm Mann Bracken ceases operations as Maryland judges dismiss thousands of cases. Linked to the National Arbitration Forum and hedge fund Accretive, the firm faced a collapsing arbitration system and a $10 million debt from its Axiant unit. The episode highlights risk in the booming debt-collection industry during the crisis.

Baltimore Sun Altimore Rockville Axiant Minnesota Lori Swanson Congress Arbitration Mann Bracken National Arbitration Forum

Cedar Rapids health care model eyed for federal grant

Cedar Rapids health care providers seek a $20 million federal Beacon grant to create a health care information exchange allowing sharing across hospitals and clinics. St. Luke's CEO Ted Townsend Mercy Medical Center CEO Tim Charles and Physicians' Clinic of Iowa CMO Jim Levett spoke at Downtown Rotary about the effort amid a nationally noted cost study praising local cooperation.

Gazette Cedar Rapids St. Luke’s Hospital Ted Townsend Tim Charles Mercy Medical Center Jim Levett Physicians’ Clinic of Iowa Rotary Charles U.S. Department of Health and Human Services U.S Dartmouth Institute and Institute For Healthcare Improvement United States Institute Donald Berwick Townsend

Also Mentioned on This Page

Obama Associated Press George Ford Gazcomm.com G.R David Dewitte
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